Last update: Nov 2026

Cost of Living Comparison Between London and Olaine

For one person, living is cheaper in Olaine: $970 a month against $4,048 in London, rent and utilities included – about $36,900 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
47

Cost of Living Index in Olaine
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Olaine Living Index

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London

🇬🇧 United Kingdom

$4,048

/mo nomad

Olaine

🇱🇻 Latvia

$970

/mo nomad

Monthly Cost of Living

How much you'll spend in London and in Olaine

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

A single person spends $4,048 per month in London vs $970 in Olaine, rent included.

London $4,048
Olaine $970

A couple spends around $5,903 per month in London vs $1,593 in Olaine, rent included.

London $5,903
Olaine $1,593

A family of three spends $7,758 per month in London vs $2,216 in Olaine, rent included.

London $7,758
Olaine $2,216

London costs about 317% more than Olaine, and outside of rent the biggest gap is in transport.

London sits 199% above the global median, while Olaine is 28% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.36 £19.59

$16.59 €14.77

58.89%

Three-Course Dinner for Two, Mid-Range

$109 £80.7

$65.9 €58.7

64.82%

Fast Food Meal (McDonalds, etc)

$10.71 £7.96

$9.40 €8.37

13.94%

Cappuccino

$5.59 £4.15

$3.75 €3.34

49.07%

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

$3.00 £2.23

$1.49 €1.33

101.34%

Water (0.33 liter bottle)

$2.22 £1.65

$1.23 €1.09

80.49%

Local Beer (0.5 liter draught)

$9.65 £7.17

$5.60 €4.99

72.32%

Imported Beer (0.33 liter bottle)

$8.26 £6.14

$4.90 €4.36

68.57%

Milk (1 liter)

$1.97 £1.46

$1.15 €1.03

71.30%

White Bread (500g)

$2.09 £1.55

$1.48 €1.32

41.22%

Rice (white) (1kg)

$2.59 £1.93

$2.63 €2.34

-1.52%

Eggs

$5.37 £3.99

$3.47 €3.09

54.76%

Local Cheese (1kg)

$13.12 £9.75

$10.21 €9.09

28.50%

Chicken Fillets (1kg)

$11.03 £8.20

$8.54 €7.61

29.16%

Beef Round Steak (1kg)

$17.73 £13.17

$14.13 €12.58

25.48%

Apples (1kg)

$3.17 £2.36

$1.99 €1.77

59.30%

Banana (1kg)

$1.38 £1.03

$1.75 €1.56

-21.14%

Oranges (1kg)

$2.82 £2.10

$2.58 €2.30

9.30%

Tomato (1kg)

$3.36 £2.50

$3.11 €2.77

8.04%

Potato (1kg)

$1.70 £1.26

$0.87 €0.77

95.40%

Onion (1kg)

$1.78 £1.32

$0.89 €0.79

100.00%

Lettuce (1 head)

$1.49 £1.11

$1.76 €1.57

-15.34%

Water (1.5 liter bottle)

$1.82 £1.35

$0.99 €0.88

83.84%

Cigarettes 20 Pack (Marlboro, Camel)

$23.85 £17.72

$6.59 €5.87

261.91%

Wine (Bottle)

$13.44 £9.98

$7.70 €6.86

74.55%

Local Beer (0.5 liter bottle)

$3.11 £2.31

$2.03 €1.80

53.20%

Imported Beer (0.33 liter bottle)

$4.49 £3.34

$2.01 €1.79

123.38%

One-way Ticket (Public Transport)

$4.13 £3.07

$2.60 €2.32

58.85%

Public Transport Monthly Pass (Regular Price)

$266 £198

$51.1 €45.50

420.51%

Taxi Start (Normal Tariff)

$5.98 £4.44

$3.27 €2.91

82.87%

Taxi (Normal Tariff) (1km)

$3.39 £2.52

$1.03 €0.92

229.13%

Taxi 1hour Waiting (Normal Tariff)

$56.6 £42.03

$17.82 €15.86

217.34%

Gasoline (1 liter)

$2.21 £1.64

$2.12 €1.88

4.25%

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

$38.3K £28.4K

$26.9K €23.9K

42.40%

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

$41.0K £30.5K

$29.4K €26.1K

39.73%

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

$372 £277

$165 €147

125.37%

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

$18.66 £13.87

$19.85 €17.68

-5.99%

Internet (50+ Mbps, Unlimited Data)

$40.53 £30.12

$19.01 €16.93

113.20%

Gym Membership (Monthly)

$56.0 £41.63

Tennis Court (1 Hour on Weekend)

$17.10 £12.71

Cinema Ticket

$17.95 £13.34

$10.95 €9.75

63.93%

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

$2,946 £2,189

$754 €671

290.65%

International Primary School, 1 Child (Yearly)

$47.6K £35.4K

$23.1K €20.5K

106.49%

Jeans (Levis 501 Or Similar)

$116 £86.4

$69.2 €61.6

68.05%

Summer Dress (H&M, Zara, etc)

$56.9 £42.28

$49.85 €44.39

14.14%

Sport Shoes (Adidas, Nike)

$128 £95.1

$86.8 €77.3

47.37%

Men's Leather Business Shoes

$154 £114

$136 €121

12.97%

1-bedroom Apartment, City Center (Monthly)

$2,935 £2,182

$301 €268

875.95%

1-bedroom Apartment, Outside City Center (Monthly)

$2,258 £1,678

3-bedroom Apartment, City Center (Monthly)

$5,250 £3,901

3-bedroom Apartment, Outside City Center (Monthly)

$3,859 £2,868

Buy Apartment in City Center (m2)

$17.2K £12.8K

$1,563 €1,391

999.63%

Buy Apartment Outside City Center (m2)

$8,278 £6,152

$1,125 €1,002

635.93%

Average Monthly Net Salary (After Tax)

$5,621 £4,177

20-Year Fixed Mortgage Interest Rate (Annual %)

4.78

4.42

8.14%

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

Last update for London: November 1, 2026

Last update for Olaine: October 31, 2026

Monthly budget structure

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

Accommodation & Living

London

$2.3K 55.8%

Olaine

- * 0% 100%

Monthly Utilities & Internet

London

$432 10.7%

Olaine

$204 21% 52.7% $227

Eating Out

London

$396 9.8%

Olaine

$255 26.2% 35.7% $141

Groceries & Markets

London

$360 8.9%

Olaine

$266 27.4% 26.2% $95

Getting Around

London

$305 7.6%

Olaine

$70 7.2% 77.1% $235

Clothing & Footwear

London

$205 5.1%

Olaine

$154 15.9% 24.8% $51

Sport & Entertainment

London

$92 2.3%

Olaine

$22 * 2.3% 76.2% $70

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,935 in London versus $301 in Olaine. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $109 in London versus $66 in Olaine. Monthly groceries follow the same trend: $360 vs $266 – making Olaine the more affordable choice for daily food spending.

Good to know

🇬🇧 London

🇱🇻 Olaine

🕒 Local time

10:47 10:47 AM

12:47 12:47 PM

2 h ahead of London

🌤 Weather

👥 Population

8,908,083 Capital

11,910

💱 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 = 0.835 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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Between locations

London Olaine 1,660 km ≈ 2 h 30 min nonstop flight

From you

London
Olaine

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 Olaine: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,048 in London, $970 in Olaine – Olaine comes out roughly 76% cheaper. Outside of rent, the biggest gap is in transport.

For a comfortable life, plan on about $6,072 per month in London and $1,455 in Olaine. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Olaine, especially for central apartments: a one-bedroom in the center costs $301 there versus $2,935 in London.

Groceries cost about 36% more in London, though the gap depends on what you buy.

A mid-range dinner for two costs $109 in London and $66 in Olaine. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,200 monthly budget goes further in Olaine, where all-in costs run around $970, than in London at $4,048. In Olaine it covers expenses comfortably, while in London it requires careful planning or may not stretch far enough.

Families tend to lean toward Olaine – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

For expats, Olaine is the easier option financially – housing and daily costs are lower, and overall it costs about 76% less, which matters a lot on a fixed budget or early-career salary.