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: $1,718 in Italy versus $1,354 in Latvia.

Estimated couple costs with rent: $2,623 in Italy versus $2,049 in Latvia.

Monthly costs for a family of three with rent: $3,527 in Italy versus $2,743 in Latvia.

Living in Italy is roughly 27% more expensive than Latvia on average.

Both countries sit above the global median: Italy 28% above, Latvia 1% above.

Internal cost variation is higher in Italy: monthly costs span $1,195 to $2,531, compared to $1,202–$1,578 in Latvia. City choice carries more weight in Italy.

Meal at Budget Restaurant

$17.20 €14.67

$13.71 €11.69

25.46%

Three-Course Dinner for Two, Mid-Range

$81.2 €69.3

$70.5 €60.1

15.21%

Fast Food Meal (McDonalds, etc)

$11.40 €9.72

$7.91 €6.75

44.12%

Cappuccino

$1.91 €1.63

$3.28 €2.79

-41.77%

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

$2.86 €2.44

$1.76 €1.50

62.50%

Water (0.33 liter bottle)

$1.33 €1.13

$1.25 €1.06

6.40%

Local Beer (0.5 liter draught)

$5.89 €5.03

$5.32 €4.54

10.71%

Imported Beer (0.33 liter bottle)

$5.12 €4.37

$4.56 €3.89

12.28%

Milk (1 liter)

$1.64 €1.40

$1.31 €1.12

25.19%

White Bread (500g)

$2.30 €1.96

$1.57 €1.34

46.50%

Rice (white) (1kg)

$3.03 €2.59

$3.10 €2.64

-2.26%

Eggs

$4.09 €3.49

$3.01 €2.57

35.88%

Local Cheese (1kg)

$16.26 €13.87

$11.47 €9.78

41.76%

Chicken Fillets (1kg)

$12.24 €10.44

$7.82 €6.67

56.52%

Beef Round Steak (1kg)

$20.45 €17.44

$12.04 €10.27

69.85%

Apples (1kg)

$2.55 €2.17

$1.54 €1.32

65.58%

Banana (1kg)

$2.12 €1.81

$1.87 €1.60

13.37%

Oranges (1kg)

$2.68 €2.29

$2.64 €2.25

1.52%

Tomato (1kg)

$3.38 €2.89

$3.37 €2.87

0.30%

Potato (1kg)

$2.00 €1.71

$1.02 €0.87

96.08%

Onion (1kg)

$1.88 €1.60

$1.06 €0.91

77.36%

Lettuce (1 head)

$1.47 €1.25

$1.82 €1.55

-19.23%

Water (1.5 liter bottle)

$0.54 €0.46

$0.85 €0.73

-36.47%

Cigarettes 20 Pack (Marlboro, Camel)

$6.75 €5.75

$5.96 €5.08

13.26%

Wine (Bottle)

$7.18 €6.12

$8.17 €6.97

-12.12%

Local Beer (0.5 liter bottle)

$1.80 €1.54

$1.70 €1.45

5.88%

Imported Beer (0.33 liter bottle)

$2.45 €2.09

$2.18 €1.86

12.39%

One-way Ticket (Public Transport)

$2.02 €1.73

$1.72 €1.47

17.44%

Public Transport Monthly Pass (Regular Price)

$41.49 €35.39

$34.13 €29.12

21.56%

Taxi Start (Normal Tariff)

$5.77 €4.92

$2.72 €2.32

112.13%

Taxi (Normal Tariff) (1km)

$1.53 €1.30

$0.76 €0.65

101.32%

Taxi 1hour Waiting (Normal Tariff)

$35.33 €30.14

$11.74 €10.02

200.94%

Gasoline (1 liter)

$2.12 €1.81

$1.90 €1.62

11.58%

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

$32.3K €27.5K

$30.5K €26.0K

5.97%

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

$33.4K €28.5K

$31.1K €26.5K

7.52%

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

$224 €191

$304 €259

-26.33%

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

$13.24 €11.29

$19.13 €16.32

-30.79%

Internet (50+ Mbps, Unlimited Data)

$30.96 €26.41

$19.94 €17.01

55.27%

Gym Membership (Monthly)

$56.6 €48.30

$47.46 €40.48

19.30%

Tennis Court (1 Hour on Weekend)

$25.11 €21.42

$28.55 €24.35

-12.05%

Cinema Ticket

$10.32 €8.80

$11.79 €10.06

-12.47%

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

$563 €481

$534 €456

5.40%

International Primary School, 1 Child (Yearly)

$10.6K €9,063

$15.6K €13.3K

-31.99%

Jeans (Levis 501 Or Similar)

$90.1 €76.9

$92.8 €79.2

-2.88%

Summer Dress (H&M, Zara, etc)

$40.60 €34.63

$46.11 €39.33

-11.95%

Sport Shoes (Adidas, Nike)

$100 €85.4

$93.2 €79.5

7.33%

Men's Leather Business Shoes

$133 €113

$140 €120

-5.57%

1-bedroom Apartment, City Center (Monthly)

$864 €737

$462 €394

87.15%

1-bedroom Apartment, Outside City Center (Monthly)

$668 €570

$335 €285

99.69%

3-bedroom Apartment, City Center (Monthly)

$1,473 €1,257

$949 €809

55.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,088 €928

$609 €519

78.69%

Buy Apartment in City Center (m2)

$3,808 €3,248

$2,792 €2,382

36.38%

Buy Apartment Outside City Center (m2)

$2,454 €2,093

$1,767 €1,507

38.89%

Average Monthly Net Salary (After Tax)

$1,935 €1,651

$1,359 €1,159

42.39%

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: April 21, 2026

Last update for Latvia: April 21, 2026

Cost Breakdown

National rent averages: $742 in Italy, $353 in Latvia. Capital cities: $1,366 in Rome vs $595 in Riga.

National salary averages: $1,935 in Italy, $1,068 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 25% more in Italy.

Public transport is 19% more expensive in Italy.

Salaries are 81% higher in Italy, giving Italy stronger purchasing power.

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 $1,863 per month in Italy and $1,390 in Latvia, there's a 34% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Latvia is simply cheaper day-to-day: 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 beats 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 works in regional areas but 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.