Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Cost of Living in Riga is 26.9% lower than in Helsinki (without rent)
Cost of Living Including Rent in Riga is 33.2% lower than in Helsinki
Rent Prices in Riga are 53.7% lower than in Helsinki
Restaurant Prices in Riga are 31.0% lower than in Helsinki
Groceries Prices in Riga are 35.4% lower than in Helsinki
Local Purchasing Power in Riga is 34.9% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 16.00 € 12.00 €      -25.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 € 7.50 €      -25.0 %
Domestic Beer (1 pint draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (12 oz small bottle) 8.00 € 4.00 €      -50.0 %
Cappuccino (regular) 4.48 € 3.26 €      -27.2 %
Coke/Pepsi (12 oz small bottle) 2.68 € 1.53 €      -43.0 %
Water (12 oz small bottle) 1.84 € 1.17 €      -36.5 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.74 € 4.32 €      -9.0 %
Loaf of Fresh White Bread (1 lb) 2.51 € 1.22 €      -51.5 %
Rice (white), (1 lb) 1.21 € 1.22 €      +0.5 %
Eggs (regular) (12) 2.95 € 2.54 €      -13.9 %
Local Cheese (1 lb) 3.63 € 4.68 €      +29.0 %
Chicken Fillets (1 lb) 5.36 € 2.93 €      -45.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.77 € 4.60 €      -53.0 %
Apples (1 lb) 1.04 € 0.61 €      -41.4 %
Banana (1 lb) 0.80 € 0.74 €      -7.5 %
Oranges (1 lb) 0.98 € 0.98 €      -0.3 %
Tomato (1 lb) 1.76 € 1.35 €      -23.6 %
Potato (1 lb) 0.53 € 0.37 €      -30.6 %
Onion (1 lb) 0.81 € 0.41 €      -49.6 %
Lettuce (1 head) 2.01 € 1.38 €      -31.5 %
Water (1.5 liter bottle) 1.85 € 0.82 €      -55.7 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.74 € 1.64 €      -40.2 %
Imported Beer (12 oz small bottle) 3.15 € 1.86 €      -40.8 %
Cigarettes 20 Pack (Marlboro) 10.45 € 4.88 €      -53.3 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 2.95 € 1.50 €      -49.2 %
Monthly Pass (Regular Price) 66.60 € 30.00 €      -55.0 %
Taxi Start (Normal Tariff) 6.75 € 2.60 €      -61.5 %
Taxi 1 mile (Normal Tariff) 1.97 € 1.61 €      -18.4 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 11.00 €      -80.5 %
Gasoline (1 gallon) 7.21 € 6.40 €      -11.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,644.50 € 26,000.00 €      -17.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,845.64 € 25,680.91 €      -24.1 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 118.94 € 306.45 €      +157.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.62 € 18.02 €      -26.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 21.04 € 15.24 €      -27.6 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 42.76 € 44.03 €      +3.0 %
Tennis Court Rent (1 Hour on Weekend) 23.95 € 27.50 €      +14.8 %
Cinema, International Release, 1 Seat 17.00 € 10.00 €      -41.2 %
Childcare
Helsinki Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 311.23 € 480.00 €      +54.2 %
International Primary School, Yearly for 1 Child 8,365.60 € 12,485.85 €      +49.3 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.34 € 80.37 €      -9.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.72 € 40.50 €      +31.9 %
1 Pair of Nike Running Shoes (Mid-Range) 77.63 € 85.56 €      +10.2 %
1 Pair of Men Leather Business Shoes 100.91 € 113.16 €      +12.1 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,006.32 € 488.55 €      -51.5 %
Apartment (1 bedroom) Outside of Centre 812.16 € 333.61 €      -58.9 %
Apartment (3 bedrooms) in City Centre 1,766.25 € 875.00 €      -50.5 %
Apartment (3 bedrooms) Outside of Centre 1,304.44 € 567.31 €      -56.5 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 692.74 € 233.42 €      -66.3 %
Price per Square Feet to Buy Apartment Outside of Centre 405.37 € 142.12 €      -64.9 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,688.47 € 1,168.33 €      -56.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.69 4.56      +23.4 %
Last update: July 2024July 2024
Contributors in the past 12 months:240220