Property Prices Comparison Between Lithuania and Latvia

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

City in Lithuania:
City in Latvia:

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

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Lithuania Edit	Latvia Edit	Difference
Apartment (1 bedroom) in City Centre	624.85 €	408.65 €	-34.6 %
Apartment (1 bedroom) Outside of Centre	432.69 €	299.57 €	-30.8 %
Apartment (3 bedrooms) in City Centre	1,088.63 €	811.63 €	-25.4 %
Apartment (3 bedrooms) Outside of Centre	726.62 €	542.62 €	-25.3 %
Buy Apartment Price	Lithuania Edit	Latvia Edit
Price per Square Feet to Buy Apartment in City Centre	364.54 €	217.52 €	-40.3 %
Price per Square Feet to Buy Apartment Outside of Centre	220.46 €	137.41 €	-37.7 %
Salaries And Financing	Lithuania Edit	Latvia Edit
Average Monthly Net Salary (After Tax)	1,321.50 €	1,135.55 €	-14.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.31	4.34	+0.8 %
Last update:	April 2025	March 2025
Contributors in the past 12 months:	135	76

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

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