Property Prices Comparison Between Latvia and Finland

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

City in Latvia:
City in Finland:

Index	Latvia	Finland
Price to Income Ratio:	8.95	8.30
Mortgage as Percentage of Income:	66.40%	57.28%
Loan Affordability Index:	1.51	1.75
Price to Rent Ratio - City Centre:	23.99	31.36
Price to Rent Ratio - Outside of Centre:	21.37	26.02
Gross Rental Yield (City Centre):	4.17%	3.19%
Gross Rental Yield (Outside of Centre):	4.68%	3.84%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Latvia Edit	Finland Edit	Difference
Apartment (1 bedroom) in City Centre	464.68 €	793.36 €	+70.7 %
Apartment (1 bedroom) Outside of Centre	319.53 €	647.51 €	+102.6 %
Apartment (3 bedrooms) in City Centre	815.00 €	1,311.94 €	+61.0 %
Apartment (3 bedrooms) Outside of Centre	554.69 €	1,020.09 €	+83.9 %
Buy Apartment Price	Latvia Edit	Finland Edit
Price per Square Feet to Buy Apartment in City Centre	223.33 €	485.84 €	+117.5 %
Price per Square Feet to Buy Apartment Outside of Centre	136.21 €	322.29 €	+136.6 %
Salaries And Financing	Latvia Edit	Finland Edit
Average Monthly Net Salary (After Tax)	1,081.24 €	2,619.32 €	+142.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.23	3.40	-19.7 %
Last update:	May 2024	May 2024
Contributors in the past 12 months:	84	220

Country data (source The World Bank, 2024)	Latvia	Finland
GDP Per Capita (PPP) ($) :	33,000.00	49,400.00
GDP Growth Rate:	3.36	1.60
Population Growth Rate:	-1.13	0.22

Moving to Latvia? Explore:

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Other comparisons Latvia vs Finland:

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