Cost of Living Comparison Between Latvia and Finland 
| Indices Difference |  |
|---|---|
| Cost of Living in Finland is 34.0% higher than in Latvia (without rent) | |
| Cost of Living Including Rent in Finland is 42.3% higher than in Latvia | |
| Rent Prices in Finland are 86.5% higher than in Latvia | |
| Restaurant Prices in Finland are 48.1% higher than in Latvia | |
| Groceries Prices in Finland are 46.1% higher than in Latvia | |
| Local Purchasing Power in Finland is 65.3% higher than in Latvia | |
Restaurants | Latvia Edit |
Finland Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 10.00 € | 14.50 € | +45.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 55.00 € | 80.00 € | +45.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7.20 € | 10.00 € | +38.9 % |
| Domestic Beer (1 pint draught) | 4.50 € | 7.00 € | +55.6 % |
| Imported Beer (12 oz small bottle) | 3.70 € | 7.50 € | +102.7 % |
| Cappuccino (regular) | 2.86 € | 4.16 € | +45.4 % |
| Coke/Pepsi (12 oz small bottle) | 1.39 € | 2.58 € | +85.2 % |
| Water (12 oz small bottle) | 1.03 € | 1.70 € | +65.8 % |
Markets | Latvia Edit |
Finland Edit | |
| Milk (regular), (1 gallon) | 4.44 € | 4.19 € | -5.7 % |
| Loaf of Fresh White Bread (1 lb) | 1.27 € | 2.22 € | +74.4 % |
| Rice (white), (1 lb) | 1.22 € | 1.12 € | -8.1 % |
| Eggs (regular) (12) | 2.60 € | 2.94 € | +12.9 % |
| Local Cheese (1 lb) | 4.63 € | 3.52 € | -24.0 % |
| Chicken Fillets (1 lb) | 2.99 € | 5.51 € | +84.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 4.67 € | 8.79 € | +88.1 % |
| Apples (1 lb) | 0.64 € | 1.05 € | +65.4 % |
| Banana (1 lb) | 0.74 € | 0.81 € | +8.6 % |
| Oranges (1 lb) | 1.00 € | 1.02 € | +2.1 % |
| Tomato (1 lb) | 1.39 € | 1.72 € | +23.5 % |
| Potato (1 lb) | 0.38 € | 0.55 € | +45.9 % |
| Onion (1 lb) | 0.41 € | 0.75 € | +82.0 % |
| Lettuce (1 head) | 1.46 € | 1.90 € | +29.7 % |
| Water (1.5 liter bottle) | 0.77 € | 1.69 € | +118.2 % |
| Bottle of Wine (Mid-Range) | 7.00 € | 13.00 € | +85.7 % |
| Domestic Beer (0.5 liter bottle) | 1.57 € | 2.91 € | +85.7 % |
| Imported Beer (12 oz small bottle) | 1.81 € | 3.23 € | +78.5 % |
| Cigarettes 20 Pack (Marlboro) | 4.95 € | 10.00 € | +102.0 % |
Transportation | Latvia Edit |
Finland Edit | |
| One-way Ticket (Local Transport) | 1.50 € | 3.00 € | +100.0 % |
| Monthly Pass (Regular Price) | 30.00 € | 60.00 € | +100.0 % |
| Taxi Start (Normal Tariff) | 2.04 € | 7.00 € | +243.1 % |
| Taxi 1 mile (Normal Tariff) | 1.21 € | 2.25 € | +86.7 % |
| Taxi 1hour Waiting (Normal Tariff) | 10.00 € | 54.00 € | +440.0 % |
| Gasoline (1 gallon) | 6.33 € | 7.23 € | +14.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 24,800.00 € | 30,000.00 € | +21.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 26,396.67 € | 30,247.66 € | +14.6 % |
Utilities (Monthly) | Latvia Edit |
Finland Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 279.52 € | 123.38 € | -55.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 17.20 € | 26.17 € | +52.2 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 16.75 € | 21.15 € | +26.2 % |
Sports And Leisure | Latvia Edit |
Finland Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 40.50 € | 41.52 € | +2.5 % |
| Tennis Court Rent (1 Hour on Weekend) | 25.61 € | 23.63 € | -7.7 % |
| Cinema, International Release, 1 Seat | 10.00 € | 15.00 € | +50.0 % |
Childcare | Latvia Edit |
Finland Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 461.90 € | 301.21 € | -34.8 % |
| International Primary School, Yearly for 1 Child | 13,187.50 € | 8,788.59 € | -33.4 % |
Clothing And Shoes | Latvia Edit |
Finland Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 79.07 € | 85.55 € | +8.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 41.54 € | 34.08 € | -18.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 85.38 € | 85.96 € | +0.7 % |
| 1 Pair of Men Leather Business Shoes | 116.16 € | 114.29 € | -1.6 % |
Rent Per Month | Latvia Edit |
Finland Edit | |
| Apartment (1 bedroom) in City Centre | 421.67 € | 797.83 € | +89.2 % |
| Apartment (1 bedroom) Outside of Centre | 307.55 € | 645.10 € | +109.8 % |
| Apartment (3 bedrooms) in City Centre | 808.14 € | 1,374.24 € | +70.0 % |
| Apartment (3 bedrooms) Outside of Centre | 533.86 € | 1,044.74 € | +95.7 % |
Buy Apartment Price | Latvia Edit |
Finland Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 225.87 € | 489.03 € | +116.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 138.23 € | 315.71 € | +128.4 % |
Salaries And Financing | Latvia Edit |
Finland Edit | |
| Average Monthly Net Salary (After Tax) | 1,126.42 € | 2,650.24 € | +135.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.29 | 3.70 | -13.9 % |
| Last update: | November 2024 | November 2024 | |
| Contributors in the past 12 months: | 290 | 620 |
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