Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Cost of Living in Riga is 28.3% lower than in Helsinki (without rent)
Cost of Living Including Rent in Riga is 34.4% lower than in Helsinki
Rent Prices in Riga are 54.2% lower than in Helsinki
Restaurant Prices in Riga are 32.4% lower than in Helsinki
Groceries Prices in Riga are 34.3% lower than in Helsinki
Local Purchasing Power in Riga is 34.2% 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) 11.65 € 8.00 €      -31.3 %
Domestic Beer (1 pint draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (12 oz small bottle) 8.90 € 4.00 €      -55.1 %
Cappuccino (regular) 4.30 € 3.14 €      -27.0 %
Coke/Pepsi (12 oz small bottle) 2.77 € 1.48 €      -46.3 %
Water (12 oz small bottle) 1.97 € 1.09 €      -44.5 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.84 € 4.58 €      -5.3 %
Loaf of Fresh White Bread (1 lb) 2.52 € 1.29 €      -48.6 %
Rice (white), (1 lb) 1.19 € 1.22 €      +2.2 %
Eggs (regular) (12) 3.01 € 2.67 €      -11.4 %
Local Cheese (1 lb) 3.65 € 4.93 €      +35.2 %
Chicken Fillets (1 lb) 5.83 € 2.95 €      -49.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.23 € 4.48 €      -51.4 %
Apples (1 lb) 1.08 € 0.65 €      -39.6 %
Banana (1 lb) 0.84 € 0.75 €      -10.1 %
Oranges (1 lb) 0.98 € 1.01 €      +2.9 %
Tomato (1 lb) 1.73 € 1.39 €      -19.4 %
Potato (1 lb) 0.53 € 0.39 €      -25.9 %
Onion (1 lb) 0.82 € 0.39 €      -52.7 %
Lettuce (1 head) 1.94 € 1.40 €      -28.0 %
Water (1.5 liter bottle) 1.79 € 0.80 €      -55.2 %
Bottle of Wine (Mid-Range) 14.00 € 7.25 €      -48.2 %
Domestic Beer (0.5 liter bottle) 2.82 € 1.63 €      -42.3 %
Imported Beer (12 oz small bottle) 3.37 € 1.86 €      -44.7 %
Cigarettes 20 Pack (Marlboro) 11.00 € 5.00 €      -54.5 %
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) 7.00 € 2.50 €      -64.3 %
Taxi 1 mile (Normal Tariff) 1.77 € 1.37 €      -22.7 %
Taxi 1hour Waiting (Normal Tariff) 57.90 € 12.00 €      -79.3 %
Gasoline (1 gallon) 6.96 € 6.30 €      -9.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 26,000.00 €      -18.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,453.94 € 26,600.00 €      -22.8 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 116.50 € 286.56 €      +146.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.88 € 18.23 €      -26.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20.97 € 17.41 €      -17.0 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 43.30 € 42.12 €      -2.7 %
Tennis Court Rent (1 Hour on Weekend) 30.24 € 25.38 €      -16.1 %
Cinema, International Release, 1 Seat 17.50 € 10.00 €      -42.9 %
Childcare
Helsinki Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 319.50 € 469.41 €      +46.9 %
International Primary School, Yearly for 1 Child 8,965.60 € 12,769.23 €      +42.4 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 96.09 € 73.64 €      -23.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.17 € 39.80 €      +27.7 %
1 Pair of Nike Running Shoes (Mid-Range) 88.13 € 82.03 €      -6.9 %
1 Pair of Men Leather Business Shoes 101.50 € 112.52 €      +10.9 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,043.00 € 475.50 €      -54.4 %
Apartment (1 bedroom) Outside of Centre 819.55 € 333.59 €      -59.3 %
Apartment (3 bedrooms) in City Centre 1,791.00 € 889.06 €      -50.4 %
Apartment (3 bedrooms) Outside of Centre 1,323.21 € 582.00 €      -56.0 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 729.06 € 245.59 €      -66.3 %
Price per Square Feet to Buy Apartment Outside of Centre 432.98 € 156.73 €      -63.8 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,875.03 € 1,239.85 €      -56.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.96 4.55      +15.0 %
Last update: January 2025January 2025
Contributors in the past 12 months:187149