Property Prices Comparison Between Ireland and Latvia

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

City in Ireland:
City in Latvia:

Index	Ireland	Latvia
Price to Income Ratio:	7.16	8.96
Mortgage as Percentage of Income:	53.88%	66.46%
Loan Affordability Index:	1.86	1.50
Price to Rent Ratio - City Centre:	13.63	24.35
Price to Rent Ratio - Outside of Centre:	12.25	21.62
Gross Rental Yield (City Centre):	7.34%	4.11%
Gross Rental Yield (Outside of Centre):	8.16%	4.63%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Ireland Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	1,610.70 €	461.25 €	-71.4 %
Apartment (1 bedroom) Outside of Centre	1,416.08 €	319.78 €	-77.4 %
Apartment (3 bedrooms) in City Centre	2,747.01 €	815.62 €	-70.3 %
Apartment (3 bedrooms) Outside of Centre	2,241.05 €	539.71 €	-75.9 %
Buy Apartment Price	Ireland Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	434.34 €	225.83 €	-48.0 %
Price per Square Feet to Buy Apartment Outside of Centre	332.45 €	136.21 €	-59.0 %
Salaries And Financing	Ireland Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	2,883.25 €	1,086.94 €	-62.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.40	4.23	-4.0 %
Last update:	June 2024	June 2024
Contributors in the past 12 months:	297	86

Country data (source The World Bank, 2024)	Ireland	Latvia
GDP Per Capita (PPP) ($) :	112,400.00	33,000.00
GDP Growth Rate:	9.43	3.36
Population Growth Rate:	1.09	-1.13

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Other comparisons Ireland vs Latvia:

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