Cost of Living Comparison Between London and Riga 

Indices DifferenceInfo
Consumer Prices in Riga are 35.1% lower than in London (without rent)
Consumer Prices Including Rent in Riga are 56.3% lower than in London
Rent Prices in Riga are 82.5% lower than in London
Restaurant Prices in Riga are 43.6% lower than in London
Groceries Prices in Riga are 33.2% lower than in London
Local Purchasing Power in Riga is 30.1% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Riga Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(23.31 €)
8.58 £
(10.00 €)
     -57.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(93.26 €)
51.47 £
(60.00 €)
     -35.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(9.33 €)
6.00 £
(7.00 €)
     -24.9 %
Domestic Beer (1 pint draught) 6.50 £
(7.58 €)
3.86 £
(4.50 €)
     -40.6 %
Imported Beer (12 oz small bottle) 5.50 £
(6.41 €)
3.43 £
(4.00 €)
     -37.6 %
Cappuccino (regular) 3.58 £
(4.18 €)
2.56 £
(2.98 €)
     -28.6 %
Coke/Pepsi (12 oz small bottle) 1.94 £
(2.27 €)
1.23 £
(1.43 €)
     -37.0 %
Water (12 oz small bottle) 1.58 £
(1.84 €)
0.94 £
(1.10 €)
     -40.3 %
Markets
London Edit Riga Edit
Milk (regular), (1 gallon) 4.95 £
(5.77 €)
3.71 £
(4.33 €)
     -24.9 %
Loaf of Fresh White Bread (1 lb) 1.42 £
(1.65 €)
1.04 £
(1.21 €)
     -26.6 %
Rice (white), (1 lb) 0.90 £
(1.05 €)
1.02 £
(1.19 €)
     +13.6 %
Eggs (regular) (12) 3.29 £
(3.83 €)
2.16 £
(2.51 €)
     -34.4 %
Local Cheese (1 lb) 3.48 £
(4.05 €)
3.89 £
(4.53 €)
     +11.8 %
Chicken Fillets (1 lb) 3.45 £
(4.03 €)
2.52 £
(2.94 €)
     -27.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.75 £
(6.71 €)
4.04 £
(4.71 €)
     -29.8 %
Apples (1 lb) 1.11 £
(1.30 €)
0.55 £
(0.65 €)
     -50.2 %
Banana (1 lb) 0.58 £
(0.67 €)
0.65 £
(0.76 €)
     +12.2 %
Oranges (1 lb) 1.18 £
(1.38 €)
0.81 £
(0.94 €)
     -31.6 %
Tomato (1 lb) 1.37 £
(1.59 €)
1.13 £
(1.31 €)
     -17.5 %
Potato (1 lb) 0.57 £
(0.66 €)
0.31 £
(0.36 €)
     -46.3 %
Onion (1 lb) 0.54 £
(0.63 €)
0.38 £
(0.44 €)
     -30.5 %
Lettuce (1 head) 0.92 £
(1.08 €)
1.22 £
(1.43 €)
     +32.3 %
Water (1.5 liter bottle) 1.25 £
(1.46 €)
0.71 £
(0.82 €)
     -43.8 %
Bottle of Wine (Mid-Range) 9.25 £
(10.78 €)
6.00 £
(7.00 €)
     -35.1 %
Domestic Beer (0.5 liter bottle) 2.05 £
(2.39 €)
1.40 £
(1.63 €)
     -32.0 %
Imported Beer (12 oz small bottle) 2.41 £
(2.81 €)
1.56 £
(1.81 €)
     -35.4 %
Cigarettes 20 Pack (Marlboro) 15.00 £
(17.49 €)
4.14 £
(4.82 €)
     -72.4 %
Transportation
London Edit Riga Edit
One-way Ticket (Local Transport) 2.80 £
(3.26 €)
1.29 £
(1.50 €)
     -54.0 %
Monthly Pass (Regular Price) 200.00 £
(233.15 €)
25.73 £
(30.00 €)
     -87.1 %
Taxi Start (Normal Tariff) 4.00 £
(4.66 €)
2.14 £
(2.50 €)
     -46.4 %
Taxi 1 mile (Normal Tariff) 3.13 £
(3.65 €)
1.28 £
(1.49 €)
     -59.3 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(34.97 €)
8.41 £
(9.80 €)
     -72.0 %
Gasoline (1 gallon) 5.75 £
(6.71 €)
5.44 £
(6.34 €)
     -5.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,280.00 £
(31,801.48 €)
21,655.71 £
(25,245.00 €)
     -20.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,860.62 £
(30,146.85 €)
20,965.16 £
(24,440.00 €)
     -18.9 %
Utilities (Monthly)
London Edit Riga Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 287.04 £
(334.61 €)
270.91 £
(315.81 €)
     -5.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.13 £
(17.64 €)
15.55 £
(18.13 €)
     +2.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.12 £
(36.28 €)
12.96 £
(15.11 €)
     -58.3 %
Sports And Leisure
London Edit Riga Edit
Fitness Club, Monthly Fee for 1 Adult 47.02 £
(54.81 €)
37.90 £
(44.18 €)
     -19.4 %
Tennis Court Rent (1 Hour on Weekend) 13.91 £
(16.22 €)
21.82 £
(25.44 €)
     +56.9 %
Cinema, International Release, 1 Seat 15.00 £
(17.49 €)
8.58 £
(10.00 €)
     -42.8 %
Childcare
London Edit Riga Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,840.34 £
(2,145.36 €)
368.08 £
(429.09 €)
     -80.0 %
International Primary School, Yearly for 1 Child 20,054.76 £
(23,378.70 €)
10,632.09 £
(12,394.29 €)
     -47.0 %
Clothing And Shoes
London Edit Riga Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.24 £
(95.88 €)
66.12 £
(77.08 €)
     -19.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.97 £
(46.59 €)
35.06 £
(40.87 €)
     -12.3 %
1 Pair of Nike Running Shoes (Mid-Range) 88.46 £
(103.12 €)
72.03 £
(83.97 €)
     -18.6 %
1 Pair of Men Leather Business Shoes 93.83 £
(109.39 €)
95.36 £
(111.16 €)
     +1.6 %
Rent Per Month
London Edit Riga Edit
Apartment (1 bedroom) in City Centre 2,225.49 £
(2,594.35 €)
422.20 £
(492.18 €)
     -81.0 %
Apartment (1 bedroom) Outside of Centre 1,618.52 £
(1,886.78 €)
282.86 £
(329.74 €)
     -82.5 %
Apartment (3 bedrooms) in City Centre 4,322.37 £
(5,038.77 €)
737.73 £
(860.00 €)
     -82.9 %
Apartment (3 bedrooms) Outside of Centre 2,871.05 £
(3,346.91 €)
484.67 £
(565.00 €)
     -83.1 %
Buy Apartment Price
London Edit Riga Edit
Price per Square Feet to Buy Apartment in City Centre 1,311.20 £
(1,528.52 €)
196.70 £
(229.30 €)
     -85.0 %
Price per Square Feet to Buy Apartment Outside of Centre 716.48 £
(835.23 €)
122.15 £
(142.40 €)
     -83.0 %
Salaries And Financing
London Edit Riga Edit
Average Monthly Net Salary (After Tax) 3,231.91 £
(3,767.58 €)
988.44 £
(1,152.27 €)
     -69.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.60 4.55      -18.7 %
Last update: April 2024April 2024
Contributors in the past 12 months:918251