Mid-priced: cheaper than 60% of cities worldwide
Ranked #347 of 577 cities · More expensive than 39.9% of cities worldwide
Lower index = more affordable
| Apartment | City Centre | Outside Centre | You Save |
|---|---|---|---|
| 1-Bedroom | EUR 517/mo ≈ $581 | EUR 341/mo ≈ $384 | 34% |
| 3-Bedroom | EUR 1,020/mo ≈ $1,147 | EUR 651/mo ≈ $732 | 36% |
Prices in local currency, cross-referenced from multiple independent sources. October 2026.
Riga has a cost of living index of 33.6 (New York = 100, rent included), the average of 3 of 4 data sources. ShouldIMove price index is left out because it sits more than 15% away from the others.
ShouldIMove price index: our own basket of real item prices plus rent.
Based on 78 country PLI x 1 city factor
Riga is mid-priced by global standards (ranked #347 of 577 cities), cheaper than 60% of cities worldwide.
Groceries are affordable and dining out is moderate. The best value is rent and the priciest is restaurants.
Workers in Latvia earning EUR 50,000 gross take home EUR 2,918/month after tax (30% effective rate). See full Latvia tax calculator →
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