Last update: Oct 2026

Cost of Living Comparison Between Latvia and Australia

Name: Australia
Address: AU

For one person, living is cheaper in Latvia: $1,415 a month against $2,626 in Australia, rent and utilities included – about $14,500 less a year. Rent and utilities account for most of the difference.

68

Cost of Living Index in Latvia
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Latvia Living Index
125

Cost of Living Index in Australia
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Australia Living Index

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🇱🇻 Latvia

$1,415

/mo nomad

🇦🇺 Australia

$2,626

/mo nomad

Monthly Cost of Living

How much you'll spend in Latvia and in Australia

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

A single person spends $1,415 per month in Latvia vs $2,626 in Australia, rent included.

Latvia $1,415
Australia $2,626

A couple spends around $2,149 per month in Latvia vs $3,810 in Australia, rent included.

Latvia $2,149
Australia $3,810

A family of three spends $2,883 per month in Latvia vs $4,994 in Australia, rent included.

Latvia $2,883
Australia $4,994

The regional cost range is wider in Australia ($1,068–$3,303) than in Latvia ($44–$1,614), so city choice matters more there.

The cost of living in Latvia is roughly 46% lower than in Australia on average.

Both Latvia and Australia are pricier than the global median – Latvia by 4%, Australia by 93%.

Meal at Budget Restaurant

$13.55 €12.14

$17.65 A$25.08

-23.23%

Three-Course Dinner for Two, Mid-Range

$56.2 €50.4

$85.2 A$121

-34.01%

Fast Food Meal (McDonalds, etc)

$8.19 €7.34

$11.09 A$15.76

-26.15%

Cappuccino

$3.25 €2.91

$3.90 A$5.54

-16.67%

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

$1.58 €1.41

$2.85 A$4.05

-44.56%

Water (0.33 liter bottle)

$1.21 €1.08

$2.31 A$3.29

-47.62%

Local Beer (0.5 liter draught)

$5.02 €4.49

$7.53 A$10.70

-33.33%

Imported Beer (0.33 liter bottle)

$4.51 €4.04

$8.59 A$12.20

-47.50%

Milk (1 liter)

$1.20 €1.08

$1.76 A$2.50

-31.82%

White Bread (500g)

$1.55 €1.39

$2.81 A$3.99

-44.84%

Rice (white) (1kg)

$2.54 €2.27

$2.24 A$3.19

13.39%

Eggs

$3.53 €3.16

$5.02 A$7.14

-29.68%

Local Cheese (1kg)

$10.39 €9.31

$9.87 A$14.02

5.27%

Chicken Fillets (1kg)

$8.15 €7.30

$9.32 A$13.24

-12.55%

Beef Round Steak (1kg)

$14.07 €12.60

$14.86 A$21.13

-5.32%

Apples (1kg)

$1.94 €1.74

$3.82 A$5.42

-49.21%

Banana (1kg)

$1.74 €1.56

$2.92 A$4.16

-40.41%

Oranges (1kg)

$2.52 €2.26

$3.13 A$4.46

-19.49%

Tomato (1kg)

$3.16 €2.83

$4.81 A$6.83

-34.30%

Potato (1kg)

$0.88 €0.78

$2.80 A$3.98

-68.57%

Onion (1kg)

$0.92 €0.82

$2.38 A$3.38

-61.34%

Lettuce (1 head)

$1.67 €1.50

$2.37 A$3.37

-29.54%

Water (1.5 liter bottle)

$0.96 €0.86

$1.65 A$2.35

-41.82%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 €5.45

$39.13 A$55.6

-84.44%

Wine (Bottle)

$7.91 €7.08

$13.93 A$19.80

-43.22%

Local Beer (0.5 liter bottle)

$1.77 €1.59

$4.96 A$7.05

-64.31%

Imported Beer (0.33 liter bottle)

$1.94 €1.74

$5.17 A$7.35

-62.48%

One-way Ticket (Public Transport)

$1.64 €1.47

$2.42 A$3.44

-32.23%

Public Transport Monthly Pass (Regular Price)

$34.19 €30.62

$94.6 A$134

-63.86%

Taxi Start (Normal Tariff)

$3.41 €3.05

$3.49 A$4.97

-2.29%

Taxi (Normal Tariff) (1km)

$0.81 €0.72

$1.60 A$2.27

-49.38%

Taxi 1hour Waiting (Normal Tariff)

$16.31 €14.61

$39.84 A$56.6

-59.06%

Gasoline (1 liter)

$1.92 €1.72

$1.39 A$1.97

38.13%

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

$27.7K €24.8K

$30.0K A$42.7K

-7.53%

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

$30.3K €27.1K

$25.8K A$36.6K

17.56%

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

$319 €285

$205 A$291

55.42%

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

$17.66 €15.81

$28.33 A$40.27

-37.66%

Internet (50+ Mbps, Unlimited Data)

$18.58 €16.64

$58.8 A$83.5

-68.39%

Gym Membership (Monthly)

$43.98 €39.39

$55.7 A$79.1

-20.97%

Tennis Court (1 Hour on Weekend)

$34.52 €30.92

$19.57 A$27.82

76.39%

Cinema Ticket

$9.94 €8.91

$15.38 A$21.86

-35.37%

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

$641 €574

$2,145 A$3,049

-70.14%

International Primary School, 1 Child (Yearly)

$17.0K €15.2K

$18.3K A$26.1K

-7.63%

Jeans (Levis 501 Or Similar)

$78.1 €69.9

$78.3 A$111

-0.29%

Summer Dress (H&M, Zara, etc)

$46.22 €41.40

$56.3 A$80.0

-17.86%

Sport Shoes (Adidas, Nike)

$93.4 €83.6

$115 A$164

-18.87%

Men's Leather Business Shoes

$137 €123

$123 A$175

11.40%

1-bedroom Apartment, City Center (Monthly)

$434 €389

$1,591 A$2,261

-72.73%

1-bedroom Apartment, Outside City Center (Monthly)

$308 €276

$1,293 A$1,837

-76.19%

3-bedroom Apartment, City Center (Monthly)

$927 €831

$2,524 A$3,588

-63.26%

3-bedroom Apartment, Outside City Center (Monthly)

$563 €505

$2,005 A$2,850

-71.90%

Buy Apartment in City Center (m2)

$2,383 €2,135

$8,751 A$12.4K

-72.77%

Buy Apartment Outside City Center (m2)

$1,527 €1,368

$6,260 A$8,898

-75.61%

Average Monthly Net Salary (After Tax)

$1,263 €1,131

$3,984 A$5,663

-68.30%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

5.93

-24.45%

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

Last update for Latvia: October 24, 2026

Last update for Australia: October 27, 2026

Monthly budget structure

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

Monthly Utilities & Internet

Latvia

$355 25.1%

Australia

$292 11.1% 17.7% $63

Accommodation & Living

Latvia

$308 21.8%

Australia

$1.3K 49.2% 320% $985

Groceries & Markets

Latvia

$263 18.6%

Australia

$374 14.3% 42.2% $111

Eating Out

Latvia

$217 15.4%

Australia

$297 11.3% 36.6% $79

Clothing & Footwear

Latvia

$160 11.3%

Australia

$168 6.4% 5.1% $8.1

Sport & Entertainment

Latvia

$64 4.5%

Australia

$86 3.3% 35.3% $23

Getting Around

Latvia

$48 3.4%

Australia

$116 4.4% 140% $68

Cost Breakdown

Average rent: $301 in Latvia vs $1,383 in Australia. For reference, capital cities sit at $621 in Riga and $1,749 in Canberra.

Average salary: $967 in Latvia vs $3,874 in Australia. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 359% higher in Australia.

Dining out costs 53% more in Australia.

Public transport is 121% more expensive in Australia.

Salaries are about 4 times higher in Australia, and purchasing power comes out stronger in Australia.

Good to know

🇱🇻 Latvia

🇦🇺 Australia

🕒 Local time

10:09 10:09 AM

19:09 7:09 PM

9 h ahead of Latvia

🌤 Weather

👥 Population

1,871,882

26,473,055

💱 Currency

Euro EUR €

Australian Dollar AUD $

📈 Exchange rate

1 EUR = 1.12 USD

1 AUD = 0.704 USD

1 AUD = 0.63 EUR

Exchange rates and currency converter

AUD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

Australian Dollar exchange rates as of November 1, 2026: 1 USD = 1.42 AUD (1 AUD = 0.704 USD). 1 EUR = 1.59 AUD (1 AUD = 0.63 EUR).

USD to EUR in detail →

On the map

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Between locations

Latvia Australia 15,310 km ≈ 20 h nonstop flight

From you

Latvia
Australia

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

Latvia vs Australia: Cost of Living - Frequently Asked Questions

Latvia is the cheaper option – living costs run roughly 46% lower on average.

Housing costs more in Australia: a central one-bedroom averages $1,383 versus $301 in Latvia.

Groceries, public transport, and eating out all cost less in Latvia – part of why living there is about 46% cheaper overall.

Latvia is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.