Latvia flagCost of Living Guide

Complete pricing for housing, food, transportation, and everyday expenses in Latvia

Latvia offers a low cost of living, about 29% cheaper overall including rent than the Europe average, making it an attractive option for expats and digital nomads seeking affordability in Europe. Consumer prices excluding rent are 19% below the regional average, while rent is 57% cheaper than typical European levels. With a high quality of life and strong purchasing power relative to costs, it's positioned as one of the more budget-friendly spots in the region.

Estimated Monthly Budget

Frugal
€600-900 (living like a local: modest housing outside center, local markets, public transport)
Comfortable
€1,200-1,800 (decent city apartment, mix of home cooking and occasional dining, utilities, leisure)
Family of four
€2,500-4,000 (spacious housing, groceries including some imports, international school, car, activities)

Latvia delivers excellent value for money, with overall costs 29% below the Europe average, offering high quality of life at a fraction of Western European prices. It's ideal for expats stretching budgets further while enjoying urban amenities.

Economic & Living Costs in Latvia
Food & Dining Costs

Meal, Inexpensive Restaurant

6-15 €
Avg: 10.5 €

Meal for 2, Mid-range Restaurant (3-course)

35-100 €
Avg: 67.5 €

McMeal at McDonalds (or Equivalent Combo Meal)

6-9 €
Avg: 7.5 €

Domestic Beer (0.5L draught)

2-6 €
Avg: 4 €
Housing & Real Estate Costs

Apartment (1 bedroom) in City Centre

240-600 €
Avg: 420 €

Apartment (1 bedroom) Outside Centre

180-425 €
Avg: 302.5 €

Apartment (3 bedrooms) in City Centre

400-1200 €
Avg: 800 €

Apartment (3 bedrooms) Outside Centre

330-1000 €
Avg: 665 €
Transportation Costs

One-way Ticket (Local Transport)

0.85-2 €
Avg: 1.43 €

Chicken Fillets (1kg)

4-9 €
Avg: 6.5 €

Monthly Transport Pass

30-50 €
Avg: 40 €

Gasoline (1L)

1.5-1.9 €
Avg: 1.7 €
Utilities & Communications Costs

Utilities for 85m² Apartment

212.5-386.36 €
Avg: 299.43 €

Internet (60 Mbps+, Unlimited)

12-25 €
Avg: 18.5 €

Mobile Plan (10GB+ Data)

10-30.98 €
Avg: 20.49 €
Grocery Costs

Milk (1L)

0.8-1.4 €
Avg: 1.1 €

Loaf of Fresh White Bread (500g)

0.8-2 €
Avg: 1.4 €

Eggs (12)

1.67-3.84 €
Avg: 2.75 €

Local Cheese (1kg)

7-14 €
Avg: 10.5 €
Entertainment & Sports Costs

Fitness Club, Monthly Fee

20-55 €
Avg: 37.5 €

Tennis Court (1 hour, weekend)

16-38 €
Avg: 27 €

Cinema Ticket

6.7-12 €
Avg: 9.35 €

Preschool / Kindergarten (monthly, private)

200-1000 €
Avg: 600 €
Last updated: 2026-04-03