Cost of Living Comparison Between Latvia and Finland 
| Indices Difference |  |
|---|---|
| Consumer Prices in Finland are 28.5% higher than in Latvia (without rent) | |
| Consumer Prices Including Rent in Finland are 36.5% higher than in Latvia | |
| Rent Prices in Finland are 74.9% higher than in Latvia | |
| Restaurant Prices in Finland are 42.3% higher than in Latvia | |
| Groceries Prices in Finland are 46.2% higher than in Latvia | |
| Local Purchasing Power in Finland is 79.2% higher than in Latvia | |
Restaurants | Latvia Edit |
Finland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 10.00 € | 14.00 € | +40.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 60.00 € | 80.00 € | +33.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7.00 € | 10.00 € | +42.9 % |
| Domestic Beer (1 pint draught) | 4.00 € | 7.00 € | +75.0 % |
| Imported Beer (12 oz small bottle) | 3.50 € | 7.00 € | +100.0 % |
| Cappuccino (regular) | 2.84 € | 4.17 € | +46.9 % |
| Coke/Pepsi (12 oz small bottle) | 1.41 € | 2.50 € | +77.3 % |
| Water (12 oz small bottle) | 1.14 € | 1.72 € | +51.1 % |
Markets | Latvia Edit |
Finland Edit | |
| Milk (regular), (1 gallon) | 4.30 € | 4.00 € | -7.0 % |
| Loaf of Fresh White Bread (1 lb) | 1.19 € | 2.17 € | +82.2 % |
| Rice (white), (1 lb) | 1.20 € | 1.08 € | -10.2 % |
| Eggs (regular) (12) | 2.52 € | 2.90 € | +15.1 % |
| Local Cheese (1 lb) | 4.46 € | 3.50 € | -21.6 % |
| Chicken Fillets (1 lb) | 2.97 € | 5.09 € | +71.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.70 € | 8.50 € | +80.7 % |
| Apples (1 lb) | 0.60 € | 1.00 € | +65.7 % |
| Banana (1 lb) | 0.74 € | 0.79 € | +7.3 % |
| Oranges (1 lb) | 0.94 € | 0.99 € | +5.8 % |
| Tomato (1 lb) | 1.32 € | 1.70 € | +29.1 % |
| Potato (1 lb) | 0.35 € | 0.54 € | +55.0 % |
| Onion (1 lb) | 0.43 € | 0.74 € | +73.5 % |
| Lettuce (1 head) | 1.44 € | 1.82 € | +26.7 % |
| Water (1.5 liter bottle) | 0.78 € | 1.61 € | +105.1 % |
| Bottle of Wine (Mid-Range) | 7.00 € | 12.75 € | +82.1 % |
| Domestic Beer (0.5 liter bottle) | 1.52 € | 2.82 € | +85.6 % |
| Imported Beer (12 oz small bottle) | 1.77 € | 3.29 € | +85.9 % |
| Cigarettes 20 Pack (Marlboro) | 4.50 € | 10.00 € | +122.2 % |
Transportation | Latvia Edit |
Finland Edit | |
| One-way Ticket (Local Transport) | 1.50 € | 3.00 € | +100.0 % |
| Monthly Pass (Regular Price) | 30.00 € | 59.00 € | +96.7 % |
| Taxi Start (Normal Tariff) | 2.02 € | 7.00 € | +246.5 % |
| Taxi 1 mile (Normal Tariff) | 1.29 € | 2.41 € | +87.5 % |
| Taxi 1hour Waiting (Normal Tariff) | 9.80 € | 50.00 € | +410.2 % |
| Gasoline (1 gallon) | 6.37 € | 7.39 € | +16.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 24,500.00 € | 28,550.00 € | +16.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 23,768.06 € | 29,672.78 € | +24.8 % |
Utilities (Monthly) | Latvia Edit |
Finland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 300.05 € | 118.99 € | -60.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 17.63 € | 26.40 € | +49.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 15.58 € | 20.94 € | +34.4 % |
Sports And Leisure | Latvia Edit |
Finland Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 41.70 € | 40.74 € | -2.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 23.71 € | 24.62 € | +3.8 % |
| Cinema, International Release, 1 Seat | 10.00 € | 15.00 € | +50.0 % |
Childcare | Latvia Edit |
Finland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 412.80 € | 295.96 € | -28.3 % |
| International Primary School, Yearly for 1 Child | 13,252.25 € | 8,597.68 € | -35.1 % |
Clothing And Shoes | Latvia Edit |
Finland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 76.73 € | 82.19 € | +7.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 41.89 € | 33.68 € | -19.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 82.74 € | 81.03 € | -2.1 % |
| 1 Pair of Men Leather Business Shoes | 114.32 € | 112.51 € | -1.6 % |
Rent Per Month | Latvia Edit |
Finland Edit | |
| Apartment (1 bedroom) in City Centre | 460.21 € | 782.61 € | +70.1 % |
| Apartment (1 bedroom) Outside of Centre | 315.11 € | 639.70 € | +103.0 % |
| Apartment (3 bedrooms) in City Centre | 817.19 € | 1,303.15 € | +59.5 % |
| Apartment (3 bedrooms) Outside of Centre | 544.29 € | 1,011.61 € | +85.9 % |
Buy Apartment Price | Latvia Edit |
Finland Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 222.97 € | 483.66 € | +116.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 134.35 € | 319.51 € | +137.8 % |
Salaries And Financing | Latvia Edit |
Finland Edit | |
| Average Monthly Net Salary (After Tax) | 1,069.67 € | 2,617.42 € | +144.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.23 | 3.30 | -22.0 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 262 | 489 |
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