Property Prices Comparison Between Latvia and Lithuania

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

City in Latvia:
City in Lithuania:

Index	Latvia	Lithuania
Price to Income Ratio:	8.41	11.91
Mortgage as Percentage of Income:	63.01%	88.96%
Loan Affordability Index:	1.59	1.12
Price to Rent Ratio - City Centre:	25.09	29.20
Price to Rent Ratio - Outside of Centre:	22.57	25.92
Gross Rental Yield (City Centre):	3.99%	3.42%
Gross Rental Yield (Outside of Centre):	4.43%	3.86%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Latvia Edit	Lithuania Edit	Difference
Apartment (1 bedroom) in City Centre	408.65 €	624.85 €	+52.9 %
Apartment (1 bedroom) Outside of Centre	299.57 €	432.69 €	+44.4 %
Apartment (3 bedrooms) in City Centre	811.63 €	1,088.63 €	+34.1 %
Apartment (3 bedrooms) Outside of Centre	542.62 €	726.62 €	+33.9 %
Buy Apartment Price	Latvia Edit	Lithuania Edit
Price per Square Feet to Buy Apartment in City Centre	217.52 €	364.54 €	+67.6 %
Price per Square Feet to Buy Apartment Outside of Centre	137.41 €	220.46 €	+60.4 %
Salaries And Financing	Latvia Edit	Lithuania Edit
Average Monthly Net Salary (After Tax)	1,135.55 €	1,321.50 €	+16.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.34	4.31	-0.8 %
Last update:	March 2025	March 2025
Contributors in the past 12 months:	76	135

Country data (source The World Bank, 2024)	Latvia	Lithuania
GDP Per Capita (PPP) ($) :	33,000.00	40,000.00
GDP Growth Rate:	3.36	2.44
Population Growth Rate:	-1.13	-1.04

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