🇱🇻 Latvia · #285 of 538 cities · 2026

Cost of Living in Riga

Affordable — cheaper than 47% of cities worldwide

Ranked #285 of 538 cities · More expensive than 47% of cities worldwide

Affordable
Cost of Living
Very affordable
Rent
Affordable
Groceries
Strong
Purchasing Power

Lower index = more affordable

Rent Prices

Rent Prices in Riga

Apartment City Centre Outside Centre You Save
1-Bedroom EUR 523/mo ≈ $609 EUR 349/mo ≈ $407 33%
3-Bedroom EUR 971/mo ≈ $1,131 EUR 660/mo ≈ $769 33%
Numbeo · 2026-03-12

Multi-Source Comparison

★★ Medium Confidence

Riga has a composite cost index of 33.0 from 3 independent data sources.

33.0
Composite
3
Sources
2.4
Spread

Source Values (NYC = 100)

Numbeo
30.6
Expatistan
33.0
LivingCost
No data
SIM
27.2
Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
78.0

Based on 78 country PLI x 1 city factor

View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
53.3 Affordable
Rent
13.2 Very affordable
Groceries
48.0 Affordable
Restaurants
54.7 Affordable
Purchasing Power
90.6 Strong

Living in Riga: What to Expect

Riga is affordable by global standards (ranked #285 of 538 cities), cheaper than 47% of cities worldwide.

Groceries are affordable, while dining out is affordable. Rent offers the best value, while Restaurants is the priciest.

Local purchasing power is strong — residents can afford more goods and services than in most cities.

Workers in Latvia earning EUR 50,000 gross take home EUR 2,908/month after tax (30.2% effective rate). See full Latvia tax calculator →

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