Family of four estimated monthly costs are 2,341$ (1,982€) without rent. A single person estimated monthly costs are 685$ (580€) without rent. Cost of living in Latvia is, on average, 29.46% lower than in United States. Rent in Latvia is, on average, 70.89% lower than in United States.

Is Latvia a good place to live?

The beautiful Baltic nation Latvia is one of the most affordable places in Europe and offers excellent potential for expats. A large portion of the countrys workforce is actually of foreign origin. The majority of the land is made of calm nature, being Riga the only exception where there is also plenty to do.

Is Latvia cheap to live?

Latvia is one of the more low-cost countries in the Eurozone. This means that you can live well on less than you would need in some other Eurozone countries, like Germany or the Netherlands.

What is the average income in Latvia?

In Latvia, the average household net-adjusted disposable income per capita is USD 16 275 a year, much lower than the OECD average of USD 33 604 a year. There is a considerable gap between the richest and poorest – the top 20% of the population earn nearly seven times as much as the bottom 20%.

What is a good salary in Riga?

Average Salary in Riga, Latvia The average salary in Riga is considerably higher than the minimum. Currently the average net wage in Riga is of 850 euros per month as of 2021.

Which country gives highest salary?

The highest number of salaries in the world is in the United States, where the average salary of people is $ 57138 or 37.85 lakh rupees per year.