Cost of Living Comparison Between Helsinki and Riga 

Indices DifferenceInfo
Cost of Living in Riga is 27.9% lower than in Helsinki (without rent)
Cost of Living Including Rent in Riga is 34.1% lower than in Helsinki
Rent Prices in Riga are 53.5% lower than in Helsinki
Restaurant Prices in Riga are 35.3% lower than in Helsinki
Groceries Prices in Riga are 33.1% lower than in Helsinki
Local Purchasing Power in Riga is 34.8% lower than in Helsinki
Currency: Sticky Currency      Switch to US measurement units
Restaurants
Helsinki Edit Riga Edit Difference
Meal, Inexpensive Restaurant 16.00 € 10.00 €      -37.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 € 60.00 €      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 € 7.78 €      -29.3 %
Domestic Beer (0.5 liter draught) 8.00 € 4.50 €      -43.8 %
Imported Beer (0.33 liter bottle) 8.70 € 4.00 €      -54.0 %
Cappuccino (regular) 4.44 € 3.17 €      -28.7 %
Coke/Pepsi (0.33 liter bottle) 2.75 € 1.41 €      -48.7 %
Water (0.33 liter bottle) 1.85 € 1.09 €      -41.1 %
Markets
Helsinki Edit Riga Edit
Milk (regular), (1 liter) 1.26 € 1.16 €      -7.9 %
Loaf of Fresh White Bread (500g) 2.66 € 1.39 €      -47.9 %
Rice (white), (1kg) 2.66 € 2.59 €      -2.6 %
Eggs (regular) (12) 2.83 € 2.59 €      -8.4 %
Local Cheese (1kg) 7.75 € 10.53 €      +35.8 %
Chicken Fillets (1kg) 12.21 € 6.55 €      -46.3 %
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 20.36 € 10.00 €      -50.9 %
Apples (1kg) 2.30 € 1.38 €      -39.9 %
Banana (1kg) 1.73 € 1.68 €      -2.9 %
Oranges (1kg) 2.02 € 2.20 €      +8.9 %
Tomato (1kg) 3.51 € 3.13 €      -10.8 %
Potato (1kg) 1.16 € 0.83 €      -28.4 %
Onion (1kg) 1.69 € 0.90 €      -46.7 %
Lettuce (1 head) 1.99 € 1.42 €      -28.8 %
Water (1.5 liter bottle) 1.83 € 0.79 €      -56.9 %
Bottle of Wine (Mid-Range) 14.00 € 7.00 €      -50.0 %
Domestic Beer (0.5 liter bottle) 2.87 € 1.62 €      -43.6 %
Imported Beer (0.33 liter bottle) 3.25 € 1.87 €      -42.3 %
Cigarettes 20 Pack (Marlboro) 10.50 € 4.90 €      -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) 7.00 € 2.50 €      -64.3 %
Taxi 1km (Normal Tariff) 1.20 € 1.00 €      -16.7 %
Taxi 1hour Waiting (Normal Tariff) 56.40 € 11.00 €      -80.5 %
Gasoline (1 liter) 1.88 € 1.68 €      -10.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 € 25,900.00 €      -19.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,106.88 € 26,483.33 €      -22.4 %
Utilities (Monthly)
Helsinki Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 124.17 € 295.11 €      +137.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.58 € 17.99 €      -26.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 20.63 € 15.71 €      -23.8 %
Sports And Leisure
Helsinki Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 44.57 € 42.94 €      -3.6 %
Tennis Court Rent (1 Hour on Weekend) 25.21 € 25.69 €      +1.9 %
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 315.40 € 492.50 €      +56.2 %
International Primary School, Yearly for 1 Child 9,804.67 € 11,738.46 €      +19.7 %
Clothing And Shoes
Helsinki Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 90.23 € 76.36 €      -15.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.63 € 40.84 €      +37.8 %
1 Pair of Nike Running Shoes (Mid-Range) 81.22 € 83.89 €      +3.3 %
1 Pair of Men Leather Business Shoes 103.79 € 110.52 €      +6.5 %
Rent Per Month
Helsinki Edit Riga Edit
Apartment (1 bedroom) in City Centre 1,052.43 € 492.66 €      -53.2 %
Apartment (1 bedroom) Outside of Centre 821.06 € 340.15 €      -58.6 %
Apartment (3 bedrooms) in City Centre 1,764.22 € 878.57 €      -50.2 %
Apartment (3 bedrooms) Outside of Centre 1,304.00 € 587.93 €      -54.9 %
Buy Apartment Price
Helsinki Edit Riga Edit
Price per Square Meter to Buy Apartment in City Centre 7,403.85 € 2,544.48 €      -65.6 %
Price per Square Meter to Buy Apartment Outside of Centre 4,550.01 € 1,589.01 €      -65.1 %
Salaries And Financing
Helsinki Edit Riga Edit
Average Monthly Net Salary (After Tax) 2,781.42 € 1,196.69 €      -57.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.89 4.65      +19.6 %
Last update: October 2024October 2024
Contributors in the past 12 months:256224