Cost of Living in Riga, Latvia
Last updated on Jan 01, 2023
Summary: The cost of living in Riga, Latvia is generally considered to be quite affordable. A nice 1 bedroom apartment in Riga can cost anywhere from $400 to $800 per month, while a nice 2 bedroom apartment can cost from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in Riga is usually around $15 to $20 per person.
Is the cost of living in Riga high?
We asked people how much they someone comfortably live on in Riga, they wrote:
"The cost of living in Riga is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive compared to other European cities. Eating out can be quite affordable, with a meal at a mid-range restaurant costing around 10-15 euros. Rent prices can vary depending on the area, but generally range from around 300-500 euros per month for a one-bedroom apartment," explained one expat.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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About the Author
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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