Cost of Living Comparison Between Italy and Latvia Cost of Living Comparison Between Italy and Latvia

Name: Latvia
Address: LV

Monthly Cost of Living

Monthly costs for one person with rent: $1,720 in Italy versus $1,348 in Latvia.

Estimated couple costs with rent: $2,626 in Italy versus $2,038 in Latvia.

Monthly costs for a family of three with rent: $3,531 in Italy versus $2,728 in Latvia.

Living in Italy is roughly 28% more expensive than in Latvia on average.

Both countries sit above the global median: Italy 29% above, Latvia 1% above.

Internal cost variation is higher in Italy: monthly costs span $1,191 to $2,443, compared to $1,202–$1,591 in Latvia. City choice carries more weight in Italy.

Meal at Budget Restaurant

$17.16 €14.96

$14.00 €12.21

22.57%

Three-Course Dinner for Two, Mid-Range

$81.4 €70.9

$68.2 €59.4

19.40%

Fast Food Meal (McDonalds, etc)

$11.60 €10.11

$8.26 €7.20

40.44%

Cappuccino

$1.98 €1.73

$3.36 €2.93

-41.07%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.00 €2.62

$1.71 €1.49

75.44%

Water (0.33 liter bottle)

$1.36 €1.18

$1.29 €1.13

5.43%

Local Beer (0.5 liter draught)

$5.92 €5.16

$5.10 €4.45

16.08%

Imported Beer (0.33 liter bottle)

$5.25 €4.58

$4.72 €4.12

11.23%

Milk (1 liter)

$1.70 €1.49

$1.31 €1.14

29.77%

White Bread (500g)

$2.37 €2.07

$1.58 €1.38

50.00%

Rice (white) (1kg)

$3.03 €2.65

$2.96 €2.58

2.36%

Eggs

$3.95 €3.44

$3.11 €2.71

27.01%

Local Cheese (1kg)

$16.66 €14.53

$11.35 €9.89

46.78%

Chicken Fillets (1kg)

$12.26 €10.68

$7.90 €6.89

55.19%

Beef Round Steak (1kg)

$20.06 €17.49

$12.07 €10.52

66.20%

Apples (1kg)

$2.55 €2.23

$1.54 €1.34

65.58%

Banana (1kg)

$2.20 €1.92

$1.82 €1.59

20.88%

Oranges (1kg)

$2.75 €2.40

$2.54 €2.21

8.27%

Tomato (1kg)

$3.22 €2.81

$3.33 €2.90

-3.30%

Potato (1kg)

$1.94 €1.69

$0.97 €0.84

100.00%

Onion (1kg)

$1.82 €1.59

$1.04 €0.91

75.00%

Lettuce (1 head)

$1.48 €1.29

$1.82 €1.59

-18.68%

Water (1.5 liter bottle)

$0.50 €0.43

$0.86 €0.75

-41.86%

Cigarettes 20 Pack (Marlboro, Camel)

$7.13 €6.21

$5.65 €4.93

26.19%

Wine (Bottle)

$7.37 €6.43

$8.16 €7.12

-9.68%

Local Beer (0.5 liter bottle)

$1.76 €1.53

$1.75 €1.53

0.57%

Imported Beer (0.33 liter bottle)

$2.53 €2.20

$2.06 €1.80

22.82%

One-way Ticket (Public Transport)

$1.99 €1.73

$1.75 €1.53

13.71%

Public Transport Monthly Pass (Regular Price)

$42.32 €36.90

$34.95 €30.47

21.09%

Taxi Start (Normal Tariff)

$5.67 €4.94

$2.69 €2.34

110.78%

Taxi (Normal Tariff) (1km)

$1.52 €1.32

$0.80 €0.69

90.00%

Taxi 1hour Waiting (Normal Tariff)

$34.94 €30.46

$11.80 €10.29

196.10%

Gasoline (1 liter)

$2.09 €1.83

$1.84 €1.60

13.59%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$32.7K €28.5K

$30.2K €26.3K

8.06%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$32.9K €28.7K

$30.4K €26.5K

8.28%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$227 €198

$310 €270

-26.84%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.58 €11.84

$19.48 €16.98

-30.29%

Internet (50+ Mbps, Unlimited Data)

$31.57 €27.52

$19.69 €17.16

60.34%

Gym Membership (Monthly)

$57.7 €50.3

$47.14 €41.09

22.32%

Tennis Court (1 Hour on Weekend)

$25.23 €22.00

$27.86 €24.29

-9.44%

Cinema Ticket

$10.59 €9.24

$11.61 €10.12

-8.79%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$568 €495

$527 €460

7.70%

International Primary School, 1 Child (Yearly)

$10.5K €9,187

$15.3K €13.4K

-31.27%

Jeans (Levis 501 Or Similar)

$90.7 €79.0

$92.6 €80.8

-2.13%

Summer Dress (H&M, Zara, etc)

$40.49 €35.30

$46.25 €40.32

-12.45%

Sport Shoes (Adidas, Nike)

$99.8 €87.0

$92.8 €80.9

7.53%

Men's Leather Business Shoes

$130 €113

$141 €123

-8.26%

1-bedroom Apartment, City Center (Monthly)

$865 €754

$462 €402

87.29%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €586

$332 €289

102.63%

3-bedroom Apartment, City Center (Monthly)

$1,523 €1,328

$944 €823

61.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,078 €940

$608 €530

77.47%

Buy Apartment in City Center (m2)

$3,767 €3,284

$2,534 €2,209

48.69%

Buy Apartment Outside City Center (m2)

$2,360 €2,058

$1,637 €1,427

44.16%

Average Monthly Net Salary (After Tax)

$1,949 €1,699

$1,262 €1,100

54.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

4.33

1.85%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Italy: July 27, 2026

Last update for Latvia: July 28, 2026

Cost Breakdown

National rent averages: $743 in Italy, $353 in Latvia. Capital cities: $1,334 in Rome vs $598 in Riga.

National salary averages: $1,912 in Italy, $1,037 in Latvia. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 110% higher in Italy.

Dining out costs 28% more in Italy.

Public transport is 19% more expensive in Italy.

Salaries are 84% higher in Italy, and purchasing power comes out stronger in Italy.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Italy vs Latvia: Cost of Living - Frequently Asked Questions

At $1,817 per month in Italy and $1,397 in Latvia, there's a 30% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is simply cheaper in Latvia: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent in Italy is consistently higher than in Latvia across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.

In Latvia, $2,000 covers most cities easily; in Italy it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Latvia wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.