Cost of Living Comparison Between New Zealand and Latvia 
| Indices Difference |  |
|---|---|
| Cost of Living in Latvia is 17.5% lower than in New Zealand (excluding rent) | |
| Cost of Living Including Rent in Latvia is 27.1% lower than in New Zealand | |
| Rent Prices in Latvia are 55.1% lower than in New Zealand | |
| Restaurant Prices in Latvia are 11.3% lower than in New Zealand | |
| Groceries Prices in Latvia are 32.0% lower than in New Zealand | |
| Local Purchasing Power in Latvia is 40.4% lower than in New Zealand | |
Restaurants | New Zealand Edit |
Latvia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 NZ$ (13.13 €) |
22.85 NZ$ (12.00 €) |
-8.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
125.00 NZ$ (65.66 €) |
114.23 NZ$ (60.00 €) |
-8.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 NZ$ (7.88 €) |
13.33 NZ$ (7.00 €) |
-11.2 % |
| Domestic Beer (1 pint draught) |
11.00 NZ$ (5.78 €) |
8.57 NZ$ (4.50 €) |
-22.1 % |
| Imported Beer (12 oz small bottle) |
11.00 NZ$ (5.78 €) |
7.33 NZ$ (3.85 €) |
-33.4 % |
| Cappuccino (regular) |
5.69 NZ$ (2.99 €) |
5.54 NZ$ (2.91 €) |
-2.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.77 NZ$ (1.98 €) |
2.72 NZ$ (1.43 €) |
-27.9 % |
| Water (12 oz small bottle) |
3.49 NZ$ (1.84 €) |
1.97 NZ$ (1.03 €) |
-43.7 % |
Markets | New Zealand Edit |
Latvia Edit | |
| Milk (regular), (1 gallon) |
11.29 NZ$ (5.93 €) |
8.57 NZ$ (4.50 €) |
-24.1 % |
| Loaf of Fresh White Bread (1 lb) |
2.92 NZ$ (1.53 €) |
2.45 NZ$ (1.29 €) |
-16.0 % |
| Rice (white), (1 lb) |
1.40 NZ$ (0.73 €) |
2.26 NZ$ (1.19 €) |
+61.9 % |
| Eggs (regular) (12) |
10.74 NZ$ (5.64 €) |
5.09 NZ$ (2.67 €) |
-52.6 % |
| Local Cheese (1 lb) |
6.23 NZ$ (3.27 €) |
8.64 NZ$ (4.54 €) |
+38.7 % |
| Chicken Fillets (1 lb) |
7.16 NZ$ (3.76 €) |
5.70 NZ$ (2.99 €) |
-20.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.75 NZ$ (5.12 €) |
9.14 NZ$ (4.80 €) |
-6.3 % |
| Apples (1 lb) |
2.11 NZ$ (1.11 €) |
1.18 NZ$ (0.62 €) |
-44.0 % |
| Banana (1 lb) |
1.71 NZ$ (0.90 €) |
1.38 NZ$ (0.73 €) |
-19.3 % |
| Oranges (1 lb) |
2.30 NZ$ (1.21 €) |
1.92 NZ$ (1.01 €) |
-16.5 % |
| Tomato (1 lb) |
3.58 NZ$ (1.88 €) |
2.66 NZ$ (1.39 €) |
-25.7 % |
| Potato (1 lb) |
1.58 NZ$ (0.83 €) |
0.74 NZ$ (0.39 €) |
-52.9 % |
| Onion (1 lb) |
1.33 NZ$ (0.70 €) |
0.77 NZ$ (0.41 €) |
-42.0 % |
| Lettuce (1 head) |
3.92 NZ$ (2.06 €) |
2.89 NZ$ (1.52 €) |
-26.2 % |
| Water (1.5 liter bottle) |
1.89 NZ$ (0.99 €) |
1.44 NZ$ (0.75 €) |
-23.9 % |
| Bottle of Wine (Mid-Range) |
16.00 NZ$ (8.40 €) |
13.33 NZ$ (7.00 €) |
-16.7 % |
| Domestic Beer (0.5 liter bottle) |
4.98 NZ$ (2.62 €) |
2.91 NZ$ (1.53 €) |
-41.6 % |
| Imported Beer (12 oz small bottle) |
5.82 NZ$ (3.06 €) |
3.46 NZ$ (1.82 €) |
-40.5 % |
| Cigarettes 20 Pack (Marlboro) |
40.00 NZ$ (21.01 €) |
9.52 NZ$ (5.00 €) |
-76.2 % |
Transportation | New Zealand Edit |
Latvia Edit | |
| One-way Ticket (Local Transport) |
4.00 NZ$ (2.10 €) |
2.86 NZ$ (1.50 €) |
-28.6 % |
| Monthly Pass (Regular Price) |
177.50 NZ$ (93.24 €) |
57.11 NZ$ (30.00 €) |
-67.8 % |
| Taxi Start (Normal Tariff) |
4.00 NZ$ (2.10 €) |
4.37 NZ$ (2.29 €) |
+9.2 % |
| Taxi 1 mile (Normal Tariff) |
5.47 NZ$ (2.87 €) |
2.30 NZ$ (1.21 €) |
-58.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
60.00 NZ$ (31.52 €) |
19.04 NZ$ (10.00 €) |
-68.3 % |
| Gasoline (1 gallon) |
10.62 NZ$ (5.58 €) |
11.83 NZ$ (6.21 €) |
+11.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
45,000.00 NZ$ (23,637.41 €) |
49,307.44 NZ$ (25,900.00 €) |
+9.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
36,014.36 NZ$ (18,917.47 €) |
50,086.79 NZ$ (26,309.38 €) |
+39.1 % |
Utilities (Monthly) | New Zealand Edit |
Latvia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
227.84 NZ$ (119.68 €) |
502.07 NZ$ (263.73 €) |
+120.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
58.27 NZ$ (30.61 €) |
31.57 NZ$ (16.59 €) |
-45.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
86.07 NZ$ (45.21 €) |
31.88 NZ$ (16.75 €) |
-63.0 % |
Sports And Leisure | New Zealand Edit |
Latvia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
61.25 NZ$ (32.17 €) |
78.30 NZ$ (41.13 €) |
+27.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
24.87 NZ$ (13.06 €) |
47.29 NZ$ (24.84 €) |
+90.2 % |
| Cinema, International Release, 1 Seat |
20.00 NZ$ (10.51 €) |
19.04 NZ$ (10.00 €) |
-4.8 % |
Childcare | New Zealand Edit |
Latvia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,248.23 NZ$ (655.66 €) |
852.55 NZ$ (447.83 €) |
-31.7 % |
| International Primary School, Yearly for 1 Child |
19,631.90 NZ$ (10,312.16 €) |
25,226.54 NZ$ (13,250.89 €) |
+28.5 % |
Clothing And Shoes | New Zealand Edit |
Latvia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
113.95 NZ$ (59.86 €) |
146.83 NZ$ (77.12 €) |
+28.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
71.26 NZ$ (37.43 €) |
76.47 NZ$ (40.17 €) |
+7.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
160.58 NZ$ (84.35 €) |
154.25 NZ$ (81.02 €) |
-3.9 % |
| 1 Pair of Men Leather Business Shoes |
197.27 NZ$ (103.62 €) |
226.33 NZ$ (118.89 €) |
+14.7 % |
Rent Per Month | New Zealand Edit |
Latvia Edit | |
| Apartment (1 bedroom) in City Centre |
1,832.22 NZ$ (962.42 €) |
789.86 NZ$ (414.90 €) |
-56.9 % |
| Apartment (1 bedroom) Outside of Centre |
1,539.80 NZ$ (808.82 €) |
574.37 NZ$ (301.70 €) |
-62.7 % |
| Apartment (3 bedrooms) in City Centre |
2,908.74 NZ$ (1,527.89 €) |
1,557.01 NZ$ (817.86 €) |
-46.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,512.23 NZ$ (1,319.61 €) |
1,026.22 NZ$ (539.05 €) |
-59.2 % |
Buy Apartment Price | New Zealand Edit |
Latvia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
751.02 NZ$ (394.49 €) |
414.11 NZ$ (217.52 €) |
-44.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
633.37 NZ$ (332.69 €) |
261.60 NZ$ (137.41 €) |
-58.7 % |
Salaries And Financing | New Zealand Edit |
Latvia Edit | |
| Average Monthly Net Salary (After Tax) |
5,000.63 NZ$ (2,626.71 €) |
2,175.42 NZ$ (1,142.70 €) |
-56.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.77 | 4.34 | -35.8 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 473 | 215 |
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