Last update: Nov 2026

Cost of Living Comparison Between London and Latvia

Name: Latvia
Address: LV

For one person, living is cheaper in Latvia: $1,419 a month against $4,048 in London, rent and utilities included – about $31,500 less a year. Rent and utilities account for most of the difference.

196

Cost of Living Index in London
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London Living Index
68

Cost of Living Index in Latvia
Learn more

Latvia Living Index

Jump to prices

London

🇬🇧 United Kingdom

$4,048

/mo nomad

🇱🇻 Latvia

$1,419

/mo nomad

😐 Solo nomad: London is 79.2% more expensive than Latvia without rent, and 185.3% more expensive with rent.

😐 Family of 3: London is 75.7% more expensive than Latvia without rent, and 169% more expensive with rent.

Meal at Budget Restaurant

$26.36 £19.59

$13.50 €12.02

95.26%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$56.6 €50.4

91.92%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$8.51 €7.58

25.85%

Cappuccino

$5.59 £4.15

$3.31 €2.94

68.88%

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

$3.00 £2.23

$1.63 €1.45

84.05%

Water (0.33 liter bottle)

$2.22 £1.65

$1.22 €1.08

81.97%

Local Beer (0.5 liter draught)

$9.65 £7.17

$5.12 €4.56

88.48%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$4.57 €4.07

80.74%

Milk (1 liter)

$1.97 £1.46

$1.19 €1.06

65.55%

White Bread (500g)

$2.09 £1.55

$1.57 €1.40

33.12%

Rice (white) (1kg)

$2.59 £1.93

$2.57 €2.29

0.78%

Eggs

$5.37 £3.99

$3.45 €3.07

55.65%

Local Cheese (1kg)

$13.12 £9.75

$10.33 €9.20

27.01%

Chicken Fillets (1kg)

$11.03 £8.20

$8.38 €7.46

31.62%

Beef Round Steak (1kg)

$17.73 £13.17

$14.41 €12.83

23.04%

Apples (1kg)

$3.17 £2.36

$1.86 €1.66

70.43%

Banana (1kg)

$1.38 £1.03

$1.75 €1.56

-21.14%

Oranges (1kg)

$2.82 £2.10

$2.52 €2.24

11.90%

Tomato (1kg)

$3.36 £2.50

$3.15 €2.81

6.67%

Potato (1kg)

$1.70 £1.26

$0.81 €0.72

109.88%

Onion (1kg)

$1.78 £1.32

$0.90 €0.80

97.78%

Lettuce (1 head)

$1.49 £1.11

$1.75 €1.56

-14.86%

Water (1.5 liter bottle)

$1.82 £1.35

$0.88 €0.78

106.82%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$6.38 €5.68

273.82%

Wine (Bottle)

$13.44 £9.98

$7.81 €6.96

72.09%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$1.90 €1.69

63.68%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$1.90 €1.69

136.32%

One-way Ticket (Public Transport)

$4.13 £3.07

$1.64 €1.46

151.83%

Public Transport Monthly Pass (Regular Price)

$266 £198

$34.00 €30.27

682.29%

Taxi Start (Normal Tariff)

$5.98 £4.44

$3.29 €2.93

81.76%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$0.75 €0.67

352.00%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$16.61 €14.79

240.46%

Gasoline (1 liter)

$2.21 £1.64

$2.03 €1.81

8.87%

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

$38.3K £28.4K

$26.9K €24.0K

42.20%

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

$41.0K £30.5K

$29.3K €26.1K

39.86%

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

$372 £277

$316 €282

17.71%

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

$18.66 £13.87

$18.11 €16.12

3.04%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$18.53 €16.50

118.73%

Gym Membership (Monthly)

$56.0 £41.63

$44.40 €39.54

26.17%

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

$35.58 €31.68

-51.94%

Cinema Ticket

$17.95 £13.34

$9.91 €8.82

81.13%

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

$2,946 £2,189

$681 €607

332.28%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$22.4K €20.0K

112.53%

Jeans (Levis 501 Or Similar)

$116 £86.4

$79.0 €70.4

47.12%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$45.61 €40.61

24.75%

Sport Shoes (Adidas, Nike)

$128 £95.1

$93.0 €82.8

37.53%

Men's Leather Business Shoes

$154 £114

$136 €121

13.33%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$428 €381

586.13%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

$312 €277

624.71%

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

$934 €832

462.05%

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

$560 €499

588.95%

Buy Apartment in City Center (m2)

$17.2K £12.8K

$2,444 €2,176

603.03%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$1,561 €1,390

430.44%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

$1,342 €1,195

318.94%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

4.23

13.00%

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

Last update for London: November 1, 2026

Last update for Latvia: November 3, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Latvia

$312 22% 86.2% $1.9K

Monthly Utilities & Internet

London

$432 10.7%

Latvia

$353 24.9% 18.2% $79

Eating Out

London

$396 9.8%

Latvia

$219 15.5% 44.6% $176

Groceries & Markets

London

$360 8.9%

Latvia

$264 18.6% 26.7% $96

Getting Around

London

$305 7.6%

Latvia

$48 3.4% 84.4% $258

Clothing & Footwear

London

$205 5.1%

Latvia

$159 11.2% 22.3% $46

Sport & Entertainment

London

$92 2.3%

Latvia

$64 4.5% 30.1% $28

Good to know

🇬🇧 London

🇱🇻 Latvia

🕒 Local time

01:30 1:30 AM

03:30 3:30 AM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

1,871,882

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.35 USD

1 GBP = 1.2 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to GBP – British Pound Converter

🇺🇸 United States Dollar ($)

🇬🇧 British Pound (£)

British Pound exchange rates as of November 6, 2026: 1 USD = 0.743 GBP (1 GBP = 1.35 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

USD to GBP in detail →

On the map

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Highest

Between locations

London Latvia 1,680 km ≈ 2 h 30 min nonstop flight

From you

London
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

London vs other spots: cost of living compared

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