Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Consumer Prices in Riga are 21.6% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Riga are 31.7% lower than in Helsinki
Rent Prices in Riga are 57.0% lower than in Helsinki
Restaurant Prices in Riga are 30.6% lower than in Helsinki
Groceries Prices in Riga are 31.3% lower than in Helsinki
Local Purchasing Power in Riga is 48.9% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 13.10 € 11.50 €      -12.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 € 50.00 €      -37.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.47 € 7.00 €      -26.1 %
Domestic Beer (1 pint draught) 7.75 € 4.00 €      -48.4 %
Imported Beer (12 oz small bottle) 7.50 € 3.00 €      -60.0 %
Cappuccino (regular) 4.14 € 2.77 €      -33.1 %
Coke/Pepsi (12 oz small bottle) 2.46 € 1.31 €      -46.9 %
Water (12 oz small bottle) 1.71 € 1.18 €      -31.1 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.03 € 4.98 €      +23.5 %
Loaf of Fresh White Bread (1 lb) 2.08 € 1.10 €      -47.2 %
Rice (white), (1 lb) 1.00 € 1.03 €      +2.3 %
Eggs (regular) (12) 2.75 € 2.42 €      -11.8 %
Local Cheese (1 lb) 3.33 € 4.44 €      +33.5 %
Chicken Fillets (1 lb) 4.77 € 3.16 €      -33.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.71 € 4.75 €      -45.5 %
Apples (1 lb) 1.02 € 0.60 €      -40.5 %
Banana (1 lb) 0.74 € 0.70 €      -5.4 %
Oranges (1 lb) 0.96 € 0.83 €      -13.6 %
Tomato (1 lb) 1.76 € 1.24 €      -29.7 %
Potato (1 lb) 0.46 € 0.38 €      -16.1 %
Onion (1 lb) 0.64 € 0.30 €      -52.3 %
Lettuce (1 head) 1.96 € 1.34 €      -31.9 %
Water (1.5 liter bottle) 1.63 € 0.72 €      -55.5 %
Bottle of Wine (Mid-Range) 12.00 € 7.00 €      -41.7 %
Domestic Beer (0.5 liter bottle) 2.72 € 1.54 €      -43.3 %
Imported Beer (12 oz small bottle) 2.94 € 1.63 €      -44.4 %
Cigarettes 20 Pack (Marlboro) 9.70 € 4.50 €      -53.6 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 3.10 € 1.50 €      -51.6 %
Monthly Pass (Regular Price) 65.00 € 30.00 €      -53.8 %
Taxi Start (Normal Tariff) 6.95 € 2.50 €      -64.0 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.45 €      -25.0 %
Taxi 1hour Waiting (Normal Tariff) 54.90 € 10.00 €      -81.8 %
Gasoline (1 gallon) 7.94 € 7.13 €      -10.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 22,000.00 €      -31.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,839.50 € 22,538.57 €      -26.9 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 92.87 € 305.02 €      +228.4 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.06 € 0.13 €      +103.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.41 € 17.58 €      -9.4 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 33.89 € 39.95 €      +17.9 %
Tennis Court Rent (1 Hour on Weekend) 28.00 € 21.72 €      -22.4 %
Cinema, International Release, 1 Seat 15.45 € 9.10 €      -41.1 %
Childcare
Helsinki Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 344.22 € 360.83 €      +4.8 %
International Primary School, Yearly for 1 Child 5,825.00 € 13,826.00 €      +137.4 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 84.32 € 64.03 €      -24.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 33.80 € 40.81 €      +20.7 %
1 Pair of Nike Running Shoes (Mid-Range) 72.46 € 70.44 €      -2.8 %
1 Pair of Men Leather Business Shoes 108.92 € 102.09 €      -6.3 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 967.16 € 449.17 €      -53.6 %
Apartment (1 bedroom) Outside of Centre 764.82 € 308.57 €      -59.7 %
Apartment (3 bedrooms) in City Centre 1,902.33 € 833.33 €      -56.2 %
Apartment (3 bedrooms) Outside of Centre 1,338.62 € 546.76 €      -59.2 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 664.17 € 223.72 €      -66.3 %
Price per Square Feet to Buy Apartment Outside of Centre 386.76 € 133.46 €      -65.5 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 3,066.81 € 1,070.11 €      -65.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.16 2.54      +118.1 %
Last update: April 2023April 2023
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