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:	11.39	8.42
Mortgage as Percentage of Income:	91.00%	62.86%
Loan Affordability Index:	1.10	1.59
Price to Rent Ratio - City Centre:	30.76	25.14
Price to Rent Ratio - Outside of Centre:	29.59	22.76
Gross Rental Yield (City Centre):	3.25%	3.98%
Gross Rental Yield (Outside of Centre):	3.38%	4.39%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Estonia Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	615.09 €	421.22 €	-31.5 %
Apartment (1 bedroom) Outside of Centre	445.87 €	303.23 €	-32.0 %
Apartment (3 bedrooms) in City Centre	1,017.87 €	795.56 €	-21.8 %
Apartment (3 bedrooms) Outside of Centre	753.83 €	512.56 €	-32.0 %
Buy Apartment Price	Estonia Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	369.62 €	219.44 €	-40.6 %
Price per Square Feet to Buy Apartment Outside of Centre	260.08 €	136.08 €	-47.7 %
Salaries And Financing	Estonia Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	1,487.54 €	1,136.06 €	-23.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.10	4.30	-15.7 %
Last update:	December 2024	December 2024
Contributors in the past 12 months:	99	87

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:

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Other comparisons Estonia vs Latvia:

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