Cost of Living Comparison Between New Zealand and Latvia 
| Indices Difference |  |
|---|---|
| Cost of Living in Latvia is 16.9% lower than in New Zealand (excluding rent) | |
| Cost of Living Including Rent in Latvia is 26.6% lower than in New Zealand | |
| Rent Prices in Latvia are 54.8% lower than in New Zealand | |
| Restaurant Prices in Latvia are 10.7% lower than in New Zealand | |
| Groceries Prices in Latvia are 31.5% lower than in New Zealand | |
| Local Purchasing Power in Latvia is 40.3% lower than in New Zealand | |
Restaurants | New Zealand Edit |
Latvia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 NZ$ (13.04 €) |
23.01 NZ$ (12.00 €) |
-8.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
125.00 NZ$ (65.19 €) |
115.05 NZ$ (60.00 €) |
-8.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 NZ$ (7.82 €) |
13.42 NZ$ (7.00 €) |
-10.5 % |
| Domestic Beer (1 pint draught) |
11.00 NZ$ (5.74 €) |
8.63 NZ$ (4.50 €) |
-21.6 % |
| Imported Beer (12 oz small bottle) |
11.00 NZ$ (5.74 €) |
7.38 NZ$ (3.85 €) |
-32.9 % |
| Cappuccino (regular) |
5.69 NZ$ (2.97 €) |
5.58 NZ$ (2.91 €) |
-2.0 % |
| Coke/Pepsi (12 oz small bottle) |
3.77 NZ$ (1.96 €) |
2.74 NZ$ (1.43 €) |
-27.4 % |
| Water (12 oz small bottle) |
3.49 NZ$ (1.82 €) |
1.98 NZ$ (1.03 €) |
-43.3 % |
Markets | New Zealand Edit |
Latvia Edit | |
| Milk (regular), (1 gallon) |
11.30 NZ$ (5.89 €) |
8.63 NZ$ (4.50 €) |
-23.6 % |
| Loaf of Fresh White Bread (1 lb) |
2.92 NZ$ (1.52 €) |
2.47 NZ$ (1.29 €) |
-15.4 % |
| Rice (white), (1 lb) |
1.40 NZ$ (0.73 €) |
2.28 NZ$ (1.19 €) |
+63.1 % |
| Eggs (regular) (12) |
10.74 NZ$ (5.60 €) |
5.12 NZ$ (2.67 €) |
-52.3 % |
| Local Cheese (1 lb) |
6.23 NZ$ (3.25 €) |
8.71 NZ$ (4.54 €) |
+39.7 % |
| Chicken Fillets (1 lb) |
7.16 NZ$ (3.73 €) |
5.74 NZ$ (2.99 €) |
-19.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.75 NZ$ (5.09 €) |
9.21 NZ$ (4.80 €) |
-5.6 % |
| Apples (1 lb) |
2.11 NZ$ (1.10 €) |
1.19 NZ$ (0.62 €) |
-43.6 % |
| Banana (1 lb) |
1.71 NZ$ (0.89 €) |
1.39 NZ$ (0.73 €) |
-18.7 % |
| Oranges (1 lb) |
2.30 NZ$ (1.20 €) |
1.93 NZ$ (1.01 €) |
-15.9 % |
| Tomato (1 lb) |
3.58 NZ$ (1.86 €) |
2.67 NZ$ (1.39 €) |
-25.2 % |
| Potato (1 lb) |
1.58 NZ$ (0.82 €) |
0.75 NZ$ (0.39 €) |
-52.5 % |
| Onion (1 lb) |
1.33 NZ$ (0.69 €) |
0.78 NZ$ (0.41 €) |
-41.6 % |
| Lettuce (1 head) |
3.92 NZ$ (2.04 €) |
2.91 NZ$ (1.52 €) |
-25.6 % |
| Water (1.5 liter bottle) |
1.89 NZ$ (0.98 €) |
1.45 NZ$ (0.75 €) |
-23.4 % |
| Bottle of Wine (Mid-Range) |
16.00 NZ$ (8.34 €) |
13.42 NZ$ (7.00 €) |
-16.1 % |
| Domestic Beer (0.5 liter bottle) |
4.98 NZ$ (2.60 €) |
2.93 NZ$ (1.53 €) |
-41.2 % |
| Imported Beer (12 oz small bottle) |
5.82 NZ$ (3.04 €) |
3.49 NZ$ (1.82 €) |
-40.1 % |
| Cigarettes 20 Pack (Marlboro) |
40.00 NZ$ (20.86 €) |
9.59 NZ$ (5.00 €) |
-76.0 % |
Transportation | New Zealand Edit |
Latvia Edit | |
| One-way Ticket (Local Transport) |
4.00 NZ$ (2.09 €) |
2.88 NZ$ (1.50 €) |
-28.1 % |
| Monthly Pass (Regular Price) |
178.75 NZ$ (93.22 €) |
57.52 NZ$ (30.00 €) |
-67.8 % |
| Taxi Start (Normal Tariff) |
4.00 NZ$ (2.09 €) |
4.40 NZ$ (2.29 €) |
+10.0 % |
| Taxi 1 mile (Normal Tariff) |
5.47 NZ$ (2.85 €) |
2.31 NZ$ (1.21 €) |
-57.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
60.00 NZ$ (31.29 €) |
19.17 NZ$ (10.00 €) |
-68.0 % |
| Gasoline (1 gallon) |
10.62 NZ$ (5.54 €) |
11.91 NZ$ (6.21 €) |
+12.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
45,000.00 NZ$ (23,468.65 €) |
49,661.99 NZ$ (25,900.00 €) |
+10.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
36,014.36 NZ$ (18,782.41 €) |
50,446.95 NZ$ (26,309.38 €) |
+40.1 % |
Utilities (Monthly) | New Zealand Edit |
Latvia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
227.84 NZ$ (118.83 €) |
505.68 NZ$ (263.73 €) |
+121.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
58.27 NZ$ (30.39 €) |
31.80 NZ$ (16.59 €) |
-45.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
86.07 NZ$ (44.89 €) |
32.11 NZ$ (16.75 €) |
-62.7 % |
Sports And Leisure | New Zealand Edit |
Latvia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
61.25 NZ$ (31.94 €) |
78.87 NZ$ (41.13 €) |
+28.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
24.87 NZ$ (12.97 €) |
47.63 NZ$ (24.84 €) |
+91.5 % |
| Cinema, International Release, 1 Seat |
20.00 NZ$ (10.43 €) |
19.17 NZ$ (10.00 €) |
-4.1 % |
Childcare | New Zealand Edit |
Latvia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,248.23 NZ$ (650.98 €) |
858.68 NZ$ (447.83 €) |
-31.2 % |
| International Primary School, Yearly for 1 Child |
19,631.90 NZ$ (10,238.54 €) |
25,407.94 NZ$ (13,250.89 €) |
+29.4 % |
Clothing And Shoes | New Zealand Edit |
Latvia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
113.95 NZ$ (59.43 €) |
147.88 NZ$ (77.12 €) |
+29.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
71.26 NZ$ (37.16 €) |
77.02 NZ$ (40.17 €) |
+8.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
160.58 NZ$ (83.75 €) |
155.36 NZ$ (81.02 €) |
-3.3 % |
| 1 Pair of Men Leather Business Shoes |
197.27 NZ$ (102.88 €) |
227.96 NZ$ (118.89 €) |
+15.6 % |
Rent Per Month | New Zealand Edit |
Latvia Edit | |
| Apartment (1 bedroom) in City Centre |
1,832.41 NZ$ (955.65 €) |
795.54 NZ$ (414.90 €) |
-56.6 % |
| Apartment (1 bedroom) Outside of Centre |
1,539.80 NZ$ (803.05 €) |
578.50 NZ$ (301.70 €) |
-62.4 % |
| Apartment (3 bedrooms) in City Centre |
2,909.00 NZ$ (1,517.12 €) |
1,568.20 NZ$ (817.86 €) |
-46.1 % |
| Apartment (3 bedrooms) Outside of Centre |
2,512.23 NZ$ (1,310.19 €) |
1,033.60 NZ$ (539.05 €) |
-58.9 % |
Buy Apartment Price | New Zealand Edit |
Latvia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
751.02 NZ$ (391.67 €) |
417.09 NZ$ (217.52 €) |
-44.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
633.37 NZ$ (330.32 €) |
263.48 NZ$ (137.41 €) |
-58.4 % |
Salaries And Financing | New Zealand Edit |
Latvia Edit | |
| Average Monthly Net Salary (After Tax) |
5,000.63 NZ$ (2,607.95 €) |
2,191.07 NZ$ (1,142.70 €) |
-56.2 % |
| 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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