Property Prices Comparison Between Lithuania and Latvia

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

City in Lithuania:
City in Latvia:

Index	Lithuania	Latvia
Price to Income Ratio:	11.72	8.28
Mortgage as Percentage of Income:	87.72%	62.00%
Loan Affordability Index:	1.14	1.61
Price to Rent Ratio - City Centre:	29.26	24.84
Price to Rent Ratio - Outside of Centre:	26.11	22.36
Gross Rental Yield (City Centre):	3.42%	4.03%
Gross Rental Yield (Outside of Centre):	3.83%	4.47%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Lithuania Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	621.73 €	421.86 €	-32.1 %
Apartment (1 bedroom) Outside of Centre	424.12 €	306.00 €	-27.9 %
Apartment (3 bedrooms) in City Centre	1,074.47 €	800.00 €	-25.5 %
Apartment (3 bedrooms) Outside of Centre	727.80 €	539.30 €	-25.9 %
Buy Apartment Price	Lithuania Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	362.18 €	217.52 €	-39.9 %
Price per Square Feet to Buy Apartment Outside of Centre	219.74 €	137.41 €	-37.5 %
Salaries And Financing	Lithuania Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	1,336.56 €	1,152.87 €	-13.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.34	4.33	-0.1 %
Last update:	21 May 2025	18 May 2025
Contributors in the past 12 months:	128	77

Country data (source The World Bank, 2024)	Lithuania	Latvia
GDP Per Capita (PPP) ($) :	46,700.00	37,000.00
GDP Growth Rate:	0.34	1.71
Population Growth Rate:	-1.05	-1.14

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