Cost of Living Comparison Between Finland and Latvia 
| Indices Difference |  |
|---|---|
| Cost of Living in Latvia is 24.2% lower than in Finland (excluding rent) | |
| Cost of Living Including Rent in Latvia is 28.3% lower than in Finland | |
| Rent Prices in Latvia are 44.6% lower than in Finland | |
| Restaurant Prices in Latvia are 25.9% lower than in Finland | |
| Groceries Prices in Latvia are 31.3% lower than in Finland | |
| Local Purchasing Power in Latvia is 40.4% lower than in Finland | |
Restaurants | Finland Edit |
Latvia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 14.00 € | 12.00 € | -14.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 € | 60.00 € | -25.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 € | 7.00 € | -30.0 % |
| Domestic Beer (1 pint draught) | 7.00 € | 4.50 € | -35.7 % |
| Imported Beer (12 oz small bottle) | 7.00 € | 3.85 € | -45.0 % |
| Cappuccino (regular) | 4.21 € | 2.93 € | -30.5 % |
| Coke/Pepsi (12 oz small bottle) | 2.45 € | 1.46 € | -40.4 % |
| Water (12 oz small bottle) | 1.76 € | 1.08 € | -38.5 % |
Markets | Finland Edit |
Latvia Edit | |
| Milk (regular), (1 gallon) | 4.24 € | 4.44 € | +4.7 % |
| Loaf of Fresh White Bread (1 lb) | 2.12 € | 1.29 € | -39.3 % |
| Rice (white), (1 lb) | 1.09 € | 1.18 € | +8.6 % |
| Eggs (regular) (12) | 2.95 € | 2.72 € | -7.9 % |
| Local Cheese (1 lb) | 3.53 € | 4.54 € | +28.8 % |
| Chicken Fillets (1 lb) | 5.62 € | 2.99 € | -46.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.74 € | 4.81 € | -45.0 % |
| Apples (1 lb) | 1.04 € | 0.62 € | -40.4 % |
| Banana (1 lb) | 0.82 € | 0.73 € | -11.5 % |
| Oranges (1 lb) | 0.98 € | 1.01 € | +3.1 % |
| Tomato (1 lb) | 1.71 € | 1.38 € | -19.2 % |
| Potato (1 lb) | 0.52 € | 0.39 € | -23.9 % |
| Onion (1 lb) | 0.73 € | 0.40 € | -45.5 % |
| Lettuce (1 head) | 1.91 € | 1.54 € | -19.2 % |
| Water (1.5 liter bottle) | 1.65 € | 0.73 € | -55.5 % |
| Bottle of Wine (Mid-Range) | 13.00 € | 7.00 € | -46.2 % |
| Domestic Beer (0.5 liter bottle) | 2.94 € | 1.51 € | -48.6 % |
| Imported Beer (12 oz small bottle) | 3.27 € | 1.84 € | -43.9 % |
| Cigarettes 20 Pack (Marlboro) | 10.40 € | 5.00 € | -51.9 % |
Transportation | Finland Edit |
Latvia Edit | |
| One-way Ticket (Local Transport) | 3.00 € | 1.50 € | -50.0 % |
| Monthly Pass (Regular Price) | 60.00 € | 30.00 € | -50.0 % |
| Taxi Start (Normal Tariff) | 7.70 € | 2.29 € | -70.2 % |
| Taxi 1 mile (Normal Tariff) | 2.16 € | 1.21 € | -44.2 % |
| Taxi 1hour Waiting (Normal Tariff) | 57.00 € | 10.00 € | -82.5 % |
| Gasoline (1 gallon) | 7.06 € | 6.17 € | -12.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 30,000.00 € | 26,000.00 € | -13.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 30,338.63 € | 26,596.67 € | -12.3 % |
Utilities (Monthly) | Finland Edit |
Latvia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 123.16 € | 263.76 € | +114.2 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 26.26 € | 16.41 € | -37.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 21.79 € | 16.99 € | -22.0 % |
Sports And Leisure | Finland Edit |
Latvia Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 39.81 € | 41.29 € | +3.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 25.43 € | 24.36 € | -4.2 % |
| Cinema, International Release, 1 Seat | 15.00 € | 10.00 € | -33.3 % |
Childcare | Finland Edit |
Latvia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 306.57 € | 459.09 € | +49.8 % |
| International Primary School, Yearly for 1 Child | 8,756.67 € | 13,500.94 € | +54.2 % |
Clothing And Shoes | Finland Edit |
Latvia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 88.52 € | 78.77 € | -11.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 36.53 € | 40.18 € | +10.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 87.43 € | 81.73 € | -6.5 % |
| 1 Pair of Men Leather Business Shoes | 118.99 € | 119.69 € | +0.6 % |
Rent Per Month | Finland Edit |
Latvia Edit | |
| Apartment (1 bedroom) in City Centre | 775.11 € | 421.86 € | -45.6 % |
| Apartment (1 bedroom) Outside of Centre | 625.39 € | 306.00 € | -51.1 % |
| Apartment (3 bedrooms) in City Centre | 1,329.79 € | 800.00 € | -39.8 % |
| Apartment (3 bedrooms) Outside of Centre | 998.99 € | 539.30 € | -46.0 % |
Buy Apartment Price | Finland Edit |
Latvia Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 474.03 € | 217.52 € | -54.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 301.03 € | 137.41 € | -54.4 % |
Salaries And Financing | Finland Edit |
Latvia Edit | |
| Average Monthly Net Salary (After Tax) | 2,695.28 € | 1,152.87 € | -57.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.79 | 4.33 | +14.2 % |
| Last update: | 21 May 2025 | 18 May 2025 | |
| Contributors in the past 12 months: | 457 | 221 |
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