Property Prices Comparison Between Latvia and Finland

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

City in Latvia:
City in Finland:

Index	Latvia	Finland
Price to Income Ratio:	8.70	8.17
Mortgage as Percentage of Income:	64.88%	57.86%
Loan Affordability Index:	1.54	1.73
Price to Rent Ratio - City Centre:	25.68	30.84
Price to Rent Ratio - Outside of Centre:	22.54	25.29
Gross Rental Yield (City Centre):	3.89%	3.24%
Gross Rental Yield (Outside of Centre):	4.44%	3.95%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Latvia Edit	Finland Edit	Difference
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:	87	214

Country data (source The World Bank, 2024)	Latvia	Finland
GDP Per Capita (PPP) ($) :	33,000.00	49,400.00
GDP Growth Rate:	3.36	1.60
Population Growth Rate:	-1.13	0.22

Moving to Latvia? Explore:

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Other comparisons Latvia vs Finland:

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