Property Prices Comparison Between Estonia and Latvia

For major cities in those countries you get more relevant data by specifying cities.

City in Estonia:
City in Latvia:

Index	Estonia	Latvia
Price to Income Ratio:	10.36	8.48
Mortgage as Percentage of Income:	64.14%	54.61%
Loan Affordability Index:	1.56	1.83
Price to Rent Ratio - City Centre:	27.18	23.40
Price to Rent Ratio - Outside of Centre:	25.88	21.96
Gross Rental Yield (City Centre):	3.68%	4.27%
Gross Rental Yield (Outside of Centre):	3.86%	4.55%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Estonia Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	570.33 €	370.10 €	-35.1 %
Apartment (1 bedroom) Outside of Centre	432.18 €	263.98 €	-38.9 %
Apartment (3 bedrooms) in City Centre	940.58 €	712.69 €	-24.2 %
Apartment (3 bedrooms) Outside of Centre	710.78 €	484.36 €	-31.9 %
Buy Apartment Price	Estonia Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	302.34 €	181.04 €	-40.1 %
Price per Square Feet to Buy Apartment Outside of Centre	217.94 €	118.50 €	-45.6 %
Salaries And Financing	Estonia Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	1,351.85 €	950.27 €	-29.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.21	2.64	+19.1 %
Last update:	June 2023	June 2023
Contributors in the past 12 months:	107	106

Country data (source The World Bank, 2019)	Estonia	Latvia
GDP Per Capita (PPP) ($) :	36,927.00	30,898.00
GDP Growth Rate:	5.00	2.08
Population Growth Rate:	-0.69	-1.10

Moving to Estonia? Explore:

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Other comparisons Estonia vs Latvia:

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