Summary of cost of living in Latvia:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 12.00 € | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 55.00 € | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 7.00 € | |
| Domestic Draft Beer (1 Pint) | 4.50 € | |
| Imported Beer (12 oz Small Bottle) | 4.00 € | |
| Cappuccino (Regular Size) | 2.86 € | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 1.48 € | |
| Bottled Water (12 oz) | 1.17 € | |
Markets | |
|
| Milk (Regular, 1 Liter) | 1.13 € | |
| Fresh White Bread (1 lb Loaf) | 1.28 € | |
| White Rice (1 lb) | 1.23 € | |
| Eggs (12, Large Size) | 2.87 € | |
| Local Cheese (1 lb) | 4.40 € | |
| Chicken Fillets (1 lb) | 3.14 € | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 5.02 € | |
| Apples (1 lb) | 0.67 € | |
| Bananas (1 lb) | 0.72 € | |
| Oranges (1 lb) | 1.01 € | |
| Tomatoes (1 lb) | 1.38 € | |
| Potatoes (1 lb) | 0.39 € | |
| Onions (1 lb) | 0.40 € | |
| Lettuce (1 Head) | 1.54 € | |
| Bottled Water (50 oz) | 0.76 € | |
| Bottle of Wine (Mid-Range) | 7.00 € | |
| Domestic Beer (16.9 oz Bottle) | 1.54 € | |
| Imported Beer (12 oz Small Bottle) | 1.81 € | |
| Cigarettes (Pack of 20, Marlboro) | 5.00 € | |
Transportation | |
|
| One-Way Ticket (Local Transport) | 1.50 € | |
| Monthly Public Transport Pass (Regular Price) | 30.00 € | |
| Taxi Start (Standard Tariff) | 2.50 € | |
| Taxi 1 mile (Standard Tariff) | 1.14 € | |
| Taxi 1 Hour Waiting (Standard Tariff) | 13.20 € | |
| Gasoline (1 Liter) | 1.59 € | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 24,388.00 € | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 26,600.00 € | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 269.81 € | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 16.51 € | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 17.14 € | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | 39.41 € | |
| Tennis Court Rental (1 Hour, Weekend) | 27.40 € | |
| Cinema Ticket (International Release) | 9.10 € | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 431.58 € | |
| International Primary School, Annual Tuition per Child | 14,424.47 € | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | 72.83 € | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 40.48 € | |
| Nike Running Shoes (Mid-Range) | 76.59 € | |
| Men's Leather Business Shoes | 124.07 € | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | 400.20 € | |
| 1 Bedroom Apartment Outside of City Centre | 282.57 € | |
| 3 Bedroom Apartment in City Centre | 819.25 € | |
| 3 Bedroom Apartment Outside of City Centre | 560.83 € | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | 233.45 € | |
| Price per Square Feet to Buy Apartment Outside of Centre | 141.79 € | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | 1,145.48 € | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.23 | |
Sources and References
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