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Cost of Living in Latvia

By Betsy Burlingame

Last updated on Feb 04, 2023

Summary: The cost of living in Latvia is generally considered to be quite affordable. A nice one bedroom apartment in Latvia can cost anywhere from $400 to $800 per month, while a nice two bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Latvia is usually around $15 to $20 per person.

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Is the cost of living in Latvia high?

We asked people how much they someone comfortably live on in Latvia, they wrote:

"The cost of living in Latvia is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive compared to other European countries. Rent prices can vary depending on the location, but are generally lower than in other European countries. Eating out can also be quite affordable, with many restaurants offering meals for a reasonable price. Overall, Latvia is a great place to live if you are looking for an affordable lifestyle," remarked one in Latvia.

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Will I save money living in Latvia?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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