What is the cost of living in Riga?

The cost of living in Riga is 66.3% cheaper than New York City (index: 33.7). Groceries are 51.1% cheaper than NYC. Restaurants are 38.3% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately EUR 517 per month. Local purchasing power index is 83.3 (NYC = 100).

How much tax do you pay in Latvia?

In Latvia, a gross salary of EUR 50,000 per year results in approximately EUR 2,918 per month take-home pay after income tax and social contributions (effective rate: 30.0%). Use our Latvia tax calculator for a personalised breakdown.

🇱🇻 Latvia · #342 of 577 cities · 2026

Should I Move to Riga?

Q: Should I move to Riga?

Riga, Latvia has a cost of living 66.3% cheaper than New York City (index: 33.7). It is ranked #342 out of 577 cities globally. Local purchasing power is moderate (index: 83.3 vs NYC = 100). Workers in Latvia earning EUR 50,000 gross take home approximately EUR 2,918/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

66.3% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-66.3%

vs NYC

EUR 517

1-BR, city centre

EUR 2,918

Net take-home

Moderate

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Riga?

Example: EUR 50,000 gross/year in Latvia → EUR 2,918/month net after tax (30% effective rate). Full Latvia tax breakdown →

Cost breakdown: Riga

Cost indices vs NYC = 100

Cost of Living

33.7 Mid-priced

Rent

13.3 Very affordable

Groceries

48.9 Affordable

Restaurants

61.7 Moderate

Purchasing Power

83.3 Moderate

Rent in Riga

1-BR, city centre EUR 517/mo

1-BR, outside centre EUR 341/mo

3-BR, city centre EUR 1,020/mo

3-BR, outside centre EUR 651/mo

Save by going outside centre 34% cheaper

Numbeo · 2026-10-02

Latvia take-home pay

EUR 50,000 → EUR 2,918/Net take-home (30% effective rate, single filer)

Full Latvia tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇵🇹 Braga

Portugal

CoL index 33.7

Compare Braga vs Riga →

🇮🇹 Palermo

Italy

CoL index 33.9

Compare Palermo vs Riga →

🇭🇷 Rijeka

Croatia

CoL index 33.4

Compare Rijeka vs Riga →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Riga after tax, in seconds.

Compare salaries → Full cost of living data

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