Last update: Oct 2026

Cost of Living Comparison Between Italy and Latvia

Name: Latvia
Address: LV

For one person, living is cheaper in Latvia: $1,415 a month against $1,843 in Italy, rent and utilities included – about $5,100 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Italy
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Italy Living Index
68

Cost of Living Index in Latvia
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Latvia Living Index

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🇮🇹 Italy

$1,843

/mo nomad

🇱🇻 Latvia

$1,415

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy and in Latvia

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Italy and in Latvia actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,843 in Italy versus $1,415 in Latvia.

Italy $1,843
Latvia $1,415

Estimated couple costs with rent: $2,816 in Italy versus $2,149 in Latvia.

Italy $2,816
Latvia $2,149

Monthly costs for a family of three with rent: $3,788 in Italy versus $2,883 in Latvia.

Italy $3,788
Latvia $2,883

Italy ($1,038–$2,555) and Latvia ($44–$1,614) have similar cost spreads. Where you settle within each country has roughly equal impact on the budget.

Living in Italy is roughly 30% more expensive than in Latvia on average.

Both countries sit above the global median: Italy 35% above, Latvia 4% above.

Meal at Budget Restaurant

$20.46 €18.33

$13.55 €12.14

51.00%

Three-Course Dinner for Two, Mid-Range

$79.5 €71.2

$56.2 €50.4

41.38%

Fast Food Meal (McDonalds, etc)

$11.15 €9.99

$8.19 €7.34

36.14%

Cappuccino

$2.04 €1.83

$3.25 €2.91

-37.23%

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

$3.10 €2.78

$1.58 €1.41

96.20%

Water (0.33 liter bottle)

$1.40 €1.25

$1.21 €1.08

15.70%

Local Beer (0.5 liter draught)

$5.51 €4.94

$5.02 €4.50

9.76%

Imported Beer (0.33 liter bottle)

$5.74 €5.14

$4.51 €4.04

27.27%

Milk (1 liter)

$1.57 €1.41

$1.20 €1.08

30.83%

White Bread (500g)

$2.38 €2.13

$1.55 €1.39

53.55%

Rice (white) (1kg)

$2.90 €2.60

$2.54 €2.27

14.17%

Eggs

$4.07 €3.65

$3.53 €3.17

15.30%

Local Cheese (1kg)

$17.44 €15.63

$10.39 €9.31

67.85%

Chicken Fillets (1kg)

$12.56 €11.25

$8.15 €7.30

54.11%

Beef Round Steak (1kg)

$20.17 €18.07

$14.07 €12.61

43.35%

Apples (1kg)

$2.58 €2.31

$1.94 €1.74

32.99%

Banana (1kg)

$2.19 €1.96

$1.74 €1.56

25.86%

Oranges (1kg)

$2.68 €2.40

$2.52 €2.26

6.35%

Tomato (1kg)

$3.27 €2.93

$3.16 €2.83

3.48%

Potato (1kg)

$1.90 €1.70

$0.88 €0.79

115.91%

Onion (1kg)

$1.82 €1.63

$0.92 €0.82

97.83%

Lettuce (1 head)

$1.57 €1.41

$1.67 €1.50

-5.99%

Water (1.5 liter bottle)

$0.55 €0.49

$0.96 €0.86

-42.71%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €6.00

$6.09 €5.46

9.85%

Wine (Bottle)

$7.99 €7.16

$7.91 €7.08

1.01%

Local Beer (0.5 liter bottle)

$1.77 €1.59

Imported Beer (0.33 liter bottle)

$2.35 €2.11

$1.94 €1.74

21.13%

One-way Ticket (Public Transport)

$1.91 €1.71

$1.64 €1.47

16.46%

Public Transport Monthly Pass (Regular Price)

$43.44 €38.92

$34.19 €30.64

27.05%

Taxi Start (Normal Tariff)

$5.62 €5.03

$3.41 €3.05

64.81%

Taxi (Normal Tariff) (1km)

$1.71 €1.54

$0.81 €0.72

111.11%

Taxi 1hour Waiting (Normal Tariff)

$33.64 €30.14

$16.31 €14.62

106.25%

Gasoline (1 liter)

$2.03 €1.82

$1.92 €1.72

5.73%

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

$35.3K €31.6K

$27.7K €24.9K

27.26%

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

$36.7K €32.9K

$30.3K €27.1K

21.38%

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

$227 €203

$319 €286

-28.91%

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

$11.59 €10.39

$17.66 €15.82

-34.37%

Internet (50+ Mbps, Unlimited Data)

$30.38 €27.22

$18.58 €16.65

63.51%

Gym Membership (Monthly)

$51.8 €46.39

$43.98 €39.41

17.71%

Tennis Court (1 Hour on Weekend)

$23.70 €21.24

$34.52 €30.94

-31.34%

Cinema Ticket

$10.60 €9.50

$9.94 €8.91

6.64%

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

$568 €509

$641 €574

-11.39%

International Primary School, 1 Child (Yearly)

$11.5K €10.3K

$17.0K €15.2K

-32.02%

Jeans (Levis 501 Or Similar)

$90.5 €81.1

$78.1 €70.0

15.95%

Summer Dress (H&M, Zara, etc)

$38.55 €34.55

$46.22 €41.42

-16.59%

Sport Shoes (Adidas, Nike)

$103 €92.0

$93.4 €83.7

9.93%

Men's Leather Business Shoes

$131 €117

$137 €123

-4.52%

1-bedroom Apartment, City Center (Monthly)

$826 €740

$434 €389

90.29%

1-bedroom Apartment, Outside City Center (Monthly)

$646 €579

$308 €276

109.96%

3-bedroom Apartment, City Center (Monthly)

$1,400 €1,255

$927 €831

50.98%

3-bedroom Apartment, Outside City Center (Monthly)

$1,054 €945

$563 €505

87.14%

Buy Apartment in City Center (m2)

$3,662 €3,282

$2,383 €2,136

53.65%

Buy Apartment Outside City Center (m2)

$2,301 €2,062

$1,527 €1,368

50.69%

Average Monthly Net Salary (After Tax)

$1,886 €1,690

$1,263 €1,132

49.36%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

4.48

-20.54%

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

Last update for Italy: October 24, 2026

Last update for Latvia: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Italy

$646 35.1%

Latvia

$308 21.8% 52.4% $338

Groceries & Markets

Italy

$348 18.9%

Latvia

$263 18.6% 24.4% $85

Eating Out

Italy

$279 15.1%

Latvia

$217 15.4% 22% $61

Monthly Utilities & Internet

Italy

$269 14.6%

Latvia

$355 25.1% 32.2% $86

Clothing & Footwear

Italy

$163 8.9%

Latvia

$160 11.3% 2.2% $3.5

Sport & Entertainment

Italy

$73 4%

Latvia

$64 4.5% 12.5% $9.1

Getting Around

Italy

$65 3.5%

Latvia

$48 3.4% 26.2% $17

Cost Breakdown

National rent averages: $729 in Italy, $301 in Latvia. Capital cities: $1,297 in Rome vs $621 in Riga.

National salary averages: $1,890 in Italy, $967 in Latvia. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 142% higher in Italy.

Dining out costs 33% more in Italy.

Salaries are 95% higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇮🇹 Italy

🇱🇻 Latvia

🕒 Local time

05:51 5:51 AM

06:51 6:51 AM

1 h ahead of Italy

🌤 Weather

👥 Population

58,850,717

1,871,882

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Italy Latvia 1,870 km ≈ 2 h 45 min nonstop flight

From you

Italy
Latvia

Distances are measured in a straight line. Your location is detected approximately.

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 $1,843 per month in Italy and $1,415 in Latvia, Latvia comes out about 23% cheaper. 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 cheaper in Latvia: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $729 in Italy and $301 in Latvia. Rents vary a lot between cities, so the gap depends on where you settle.

It depends on what you’re after: Latvia wins on affordability, while salaries, visas, language, and lifestyle can tip the balance either way.