Last update: Oct 2026

Cost of Living Comparison Between Latvia and Italy

Name: Italy
Address: IT

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.

68

Cost of Living Index in Latvia
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Latvia Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇱🇻 Latvia

$1,415

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Latvia and in Italy

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 Italy actually costs, broken down by who's living it.

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

Latvia $1,415
Italy $1,843

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

Latvia $2,149
Italy $2,816

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

Latvia $2,883
Italy $3,788

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

Living in Latvia costs about 23% less than in Italy on average.

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

Meal at Budget Restaurant

$13.55 €12.14

$20.46 €18.32

-33.77%

Three-Course Dinner for Two, Mid-Range

$56.2 €50.4

$79.5 €71.2

-29.27%

Fast Food Meal (McDonalds, etc)

$8.19 €7.34

$11.15 €9.99

-26.55%

Cappuccino

$3.25 €2.91

$2.04 €1.83

59.31%

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

$1.58 €1.41

$3.10 €2.78

-49.03%

Water (0.33 liter bottle)

$1.21 €1.08

$1.40 €1.25

-13.57%

Local Beer (0.5 liter draught)

$5.02 €4.49

$5.51 €4.94

-8.89%

Imported Beer (0.33 liter bottle)

$4.51 €4.04

$5.74 €5.14

-21.43%

Milk (1 liter)

$1.20 €1.08

$1.57 €1.41

-23.57%

White Bread (500g)

$1.55 €1.39

$2.38 €2.13

-34.87%

Rice (white) (1kg)

$2.54 €2.27

$2.90 €2.60

-12.41%

Eggs

$3.53 €3.16

$4.07 €3.65

-13.27%

Local Cheese (1kg)

$10.39 €9.31

$17.44 €15.62

-40.42%

Chicken Fillets (1kg)

$8.15 €7.30

$12.56 €11.25

-35.11%

Beef Round Steak (1kg)

$14.07 €12.60

$20.17 €18.06

-30.24%

Apples (1kg)

$1.94 €1.74

$2.58 €2.31

-24.81%

Banana (1kg)

$1.74 €1.56

$2.19 €1.96

-20.55%

Oranges (1kg)

$2.52 €2.26

$2.68 €2.40

-5.97%

Tomato (1kg)

$3.16 €2.83

$3.27 €2.93

-3.36%

Potato (1kg)

$0.88 €0.78

$1.90 €1.70

-53.68%

Onion (1kg)

$0.92 €0.82

$1.82 €1.63

-49.45%

Lettuce (1 head)

$1.67 €1.50

$1.57 €1.40

6.37%

Water (1.5 liter bottle)

$0.96 €0.86

$0.55 €0.49

74.55%

Cigarettes 20 Pack (Marlboro, Camel)

$6.09 €5.45

$6.69 €5.99

-8.97%

Wine (Bottle)

$7.91 €7.08

$7.99 €7.15

-1.00%

Local Beer (0.5 liter bottle)

$1.77 €1.59

Imported Beer (0.33 liter bottle)

$1.94 €1.74

$2.35 €2.11

-17.45%

One-way Ticket (Public Transport)

$1.64 €1.47

$1.91 €1.71

-14.14%

Public Transport Monthly Pass (Regular Price)

$34.19 €30.62

$43.44 €38.90

-21.29%

Taxi Start (Normal Tariff)

$3.41 €3.05

$5.62 €5.03

-39.32%

Taxi (Normal Tariff) (1km)

$0.81 €0.72

$1.71 €1.54

-52.63%

Taxi 1hour Waiting (Normal Tariff)

$16.31 €14.61

$33.64 €30.12

-51.52%

Gasoline (1 liter)

$1.92 €1.72

$2.03 €1.82

-5.42%

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

$27.7K €24.8K

$35.3K €31.6K

-21.42%

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

$30.3K €27.1K

$36.7K €32.9K

-17.61%

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

$319 €285

$227 €203

40.67%

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

$17.66 €15.81

$11.59 €10.38

52.37%

Internet (50+ Mbps, Unlimited Data)

$18.58 €16.64

$30.38 €27.21

-38.84%

Gym Membership (Monthly)

$43.98 €39.39

$51.8 €46.37

-15.05%

Tennis Court (1 Hour on Weekend)

$34.52 €30.92

$23.70 €21.22

45.65%

Cinema Ticket

$9.94 €8.91

$10.60 €9.50

-6.23%

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

$641 €574

$568 €508

12.85%

International Primary School, 1 Child (Yearly)

$17.0K €15.2K

$11.5K €10.3K

47.10%

Jeans (Levis 501 Or Similar)

$78.1 €69.9

$90.5 €81.1

-13.75%

Summer Dress (H&M, Zara, etc)

$46.22 €41.40

$38.55 €34.53

19.90%

Sport Shoes (Adidas, Nike)

$93.4 €83.6

$103 €91.9

-9.03%

Men's Leather Business Shoes

$137 €123

$131 €117

4.73%

1-bedroom Apartment, City Center (Monthly)

$434 €389

$826 €739

-47.45%

1-bedroom Apartment, Outside City Center (Monthly)

$308 €276

$646 €579

-52.37%

3-bedroom Apartment, City Center (Monthly)

$927 €831

$1,400 €1,254

-33.77%

3-bedroom Apartment, Outside City Center (Monthly)

$563 €505

$1,054 €944

-46.56%

Buy Apartment in City Center (m2)

$2,383 €2,135

$3,662 €3,280

-34.92%

Buy Apartment Outside City Center (m2)

$1,527 €1,368

$2,301 €2,061

-33.64%

Average Monthly Net Salary (After Tax)

$1,263 €1,131

$1,886 €1,689

-33.05%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.48

3.56

25.84%

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

Last update for Latvia: October 24, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

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

Monthly Utilities & Internet

Latvia

$355 25.1%

Italy

$269 14.6% 24.3% $86

Accommodation & Living

Latvia

$308 21.8%

Italy

$646 35.1% 110% $338

Groceries & Markets

Latvia

$263 18.6%

Italy

$348 18.9% 32.2% $85

Eating Out

Latvia

$217 15.4%

Italy

$279 15.1% 28.3% $61

Clothing & Footwear

Latvia

$160 11.3%

Italy

$163 8.9% 2.2% $3.5

Sport & Entertainment

Latvia

$64 4.5%

Italy

$73 4% 14.3% $9.1

Getting Around

Latvia

$48 3.4%

Italy

$65 3.5% 35.4% $17

Cost Breakdown

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

National salary averages: $967 in Latvia, $1,890 in Italy. 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

🇱🇻 Latvia

🇮🇹 Italy

🕒 Local time

13:24 1:24 PM

12:24 12:24 PM

1 h behind Latvia

🌤 Weather

👥 Population

1,871,882

58,850,717

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

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

From you

Latvia
Italy

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 Italy: 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.