Property Prices Comparison Between Estonia and Latvia

For major cities in those countries you get more relevant data by specifying cities.

City in Estonia:
City in Latvia:

Index	Estonia	Latvia
Price to Income Ratio:	11.53	8.41
Mortgage as Percentage of Income:	91.15%	63.01%
Loan Affordability Index:	1.10	1.59
Price to Rent Ratio - City Centre:	30.62	25.09
Price to Rent Ratio - Outside of Centre:	30.01	22.57
Gross Rental Yield (City Centre):	3.27%	3.99%
Gross Rental Yield (Outside of Centre):	3.33%	4.43%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Estonia Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	613.53 €	408.65 €	-33.4 %
Apartment (1 bedroom) Outside of Centre	439.26 €	299.57 €	-31.8 %
Apartment (3 bedrooms) in City Centre	1,041.28 €	811.63 €	-22.1 %
Apartment (3 bedrooms) Outside of Centre	770.22 €	542.62 €	-29.6 %
Buy Apartment Price	Estonia Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	370.97 €	217.52 €	-41.4 %
Price per Square Feet to Buy Apartment Outside of Centre	264.13 €	137.41 €	-48.0 %
Salaries And Financing	Estonia Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	1,482.03 €	1,135.55 €	-23.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.98	4.34	-12.7 %
Last update:	April 2025	March 2025
Contributors in the past 12 months:	101	76

Country data (source The World Bank, 2024)	Estonia	Latvia
GDP Per Capita (PPP) ($) :	37,700.00	33,000.00
GDP Growth Rate:	-1.29	3.36
Population Growth Rate:	-0.74	-1.13

Moving to Estonia? Explore:

Moving to Latvia? Explore:

Other comparisons Estonia vs Latvia:

About In the News Newsletter API

Copyright © 2009-2025 Numbeo. Your use of this service is subject to our Terms of Use and Privacy Policy