Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Consumer Prices in Riga are 23.3% lower than in Helsinki (without rent)
Consumer Prices Including Rent in Riga are 31.3% lower than in Helsinki
Rent Prices in Riga are 54.3% lower than in Helsinki
Restaurant Prices in Riga are 32.5% lower than in Helsinki
Groceries Prices in Riga are 33.1% lower than in Helsinki
Local Purchasing Power in Riga is 43.0% lower than in Helsinki
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 15.00 € 11.00 €      -26.7 %
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 € 3.55 €      -55.6 %
Cappuccino (regular) 4.56 € 3.03 €      -33.5 %
Coke/Pepsi (12 oz small bottle) 2.58 € 1.50 €      -42.0 %
Water (12 oz small bottle) 1.78 € 1.16 €      -34.8 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 gallon) 4.29 € 4.33 €      +0.9 %
Loaf of Fresh White Bread (1 lb) 2.48 € 1.23 €      -50.5 %
Rice (white), (1 lb) 1.10 € 1.14 €      +3.7 %
Eggs (regular) (12) 2.90 € 2.56 €      -11.7 %
Local Cheese (1 lb) 3.51 € 4.67 €      +33.0 %
Chicken Fillets (1 lb) 4.99 € 3.05 €      -38.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.39 € 4.89 €      -47.9 %
Apples (1 lb) 1.07 € 0.64 €      -40.1 %
Banana (1 lb) 0.77 € 0.75 €      -2.9 %
Oranges (1 lb) 1.01 € 0.93 €      -7.5 %
Tomato (1 lb) 1.75 € 1.30 €      -25.6 %
Potato (1 lb) 0.57 € 0.35 €      -38.2 %
Onion (1 lb) 0.82 € 0.43 €      -46.9 %
Lettuce (1 head) 1.91 € 1.45 €      -24.1 %
Water (1.5 liter bottle) 1.72 € 0.81 €      -53.1 %
Bottle of Wine (Mid-Range) 14.90 € 7.00 €      -53.0 %
Domestic Beer (0.5 liter bottle) 2.70 € 1.58 €      -41.3 %
Imported Beer (12 oz small bottle) 3.11 € 1.79 €      -42.4 %
Cigarettes 20 Pack (Marlboro) 10.30 € 4.82 €      -53.2 %
Transportation
Helsinki Edit Riga Edit
One-way Ticket (Local Transport) 3.10 € 1.50 €      -51.6 %
Monthly Pass (Regular Price) 70.00 € 30.00 €      -57.1 %
Taxi Start (Normal Tariff) 6.95 € 2.50 €      -64.0 %
Taxi 1 mile (Normal Tariff) 1.93 € 1.57 €      -18.8 %
Taxi 1hour Waiting (Normal Tariff) 55.20 € 9.80 €      -82.2 %
Gasoline (1 gallon) 7.26 € 6.29 €      -13.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,490.00 € 25,245.00 €      -22.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,061.67 € 24,127.50 €      -29.2 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 104.95 € 326.27 €      +210.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.33 € 17.62 €      -27.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 19.22 € 15.77 €      -17.9 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 42.28 € 42.81 €      +1.3 %
Tennis Court Rent (1 Hour on Weekend) 27.94 € 25.00 €      -10.5 %
Cinema, International Release, 1 Seat 16.95 € 10.00 €      -41.0 %
Childcare
Helsinki Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 316.21 € 437.62 €      +38.4 %
International Primary School, Yearly for 1 Child 8,742.80 € 12,424.62 €      +42.1 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 76.86 € 76.17 €      -0.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.10 € 40.04 €      +33.0 %
1 Pair of Nike Running Shoes (Mid-Range) 69.88 € 80.94 €      +15.8 %
1 Pair of Men Leather Business Shoes 90.83 € 110.86 €      +22.1 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 961.53 € 483.55 €      -49.7 %
Apartment (1 bedroom) Outside of Centre 794.60 € 312.86 €      -60.6 %
Apartment (3 bedrooms) in City Centre 1,716.85 € 818.57 €      -52.3 %
Apartment (3 bedrooms) Outside of Centre 1,267.41 € 550.00 €      -56.6 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 655.61 € 227.42 €      -65.3 %
Price per Square Feet to Buy Apartment Outside of Centre 398.67 € 138.21 €      -65.3 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,868.08 € 1,123.72 €      -60.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.26 3.95      +21.0 %
Last update: February 2024February 2024
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