Last update: Oct 2026

Cost of Living Comparison Between the United Kingdom and Latvia

Name: Latvia
Address: LV

For one person, living is cheaper in Latvia: $1,415 a month against $2,462 in the United Kingdom, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

119

Cost of Living Index in the United Kingdom
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United Kingdom Living Index
68

Cost of Living Index in Latvia
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Latvia Living Index

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🇬🇧 United Kingdom

$2,462

/mo nomad

🇱🇻 Latvia

$1,415

/mo nomad

Monthly Cost of Living

How much you'll spend in the United Kingdom and in Latvia

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

Monthly costs for one person with rent: $2,462 in the United Kingdom versus $1,415 in Latvia.

United Kingdom $2,462
Latvia $1,415

Estimated couple costs with rent: $3,600 in the United Kingdom versus $2,149 in Latvia.

United Kingdom $3,600
Latvia $2,149

Monthly costs for a family of three with rent: $4,738 in the United Kingdom versus $2,883 in Latvia.

United Kingdom $4,738
Latvia $2,883

Internal cost variation is higher in the United Kingdom: monthly costs span $1,126 to $4,646, compared to $44–$1,614 in Latvia. City choice carries more weight in the United Kingdom.

Living in the United Kingdom is roughly 74% more expensive than in Latvia on average.

Both countries sit above the global median: the United Kingdom 81% above, Latvia 4% above.

Meal at Budget Restaurant

$21.48 £16.05

$13.55 €12.14

58.52%

Three-Course Dinner for Two, Mid-Range

$85.7 £64.1

$56.2 €50.4

52.48%

Fast Food Meal (McDonalds, etc)

$10.61 £7.93

$8.19 €7.34

29.55%

Cappuccino

$4.91 £3.67

$3.25 €2.91

51.08%

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

$2.66 £1.99

$1.58 €1.41

68.35%

Water (0.33 liter bottle)

$1.87 £1.39

$1.21 €1.08

54.55%

Local Beer (0.5 liter draught)

$6.63 £4.95

$5.02 €4.50

32.07%

Imported Beer (0.33 liter bottle)

$6.84 £5.11

$4.51 €4.04

51.66%

Milk (1 liter)

$1.68 £1.26

$1.20 €1.08

40.00%

White Bread (500g)

$1.72 £1.28

$1.55 €1.39

10.97%

Rice (white) (1kg)

$2.17 £1.62

$2.54 €2.27

-14.57%

Eggs

$4.00 £2.99

$3.53 €3.17

13.31%

Local Cheese (1kg)

$9.42 £7.04

$10.39 €9.31

-9.34%

Chicken Fillets (1kg)

$9.19 £6.86

$8.15 €7.30

12.76%

Beef Round Steak (1kg)

$14.77 £11.03

$14.07 €12.61

4.98%

Apples (1kg)

$2.97 £2.22

$1.94 €1.74

53.09%

Banana (1kg)

$1.62 £1.21

$1.74 €1.56

-6.90%

Oranges (1kg)

$2.85 £2.13

$2.52 €2.26

13.10%

Tomato (1kg)

$3.52 £2.63

$3.16 €2.83

11.39%

Potato (1kg)

$1.83 £1.37

$0.88 €0.79

107.95%

Onion (1kg)

$1.61 £1.20

$0.92 €0.82

75.00%

Lettuce (1 head)

$1.25 £0.93

$1.67 €1.50

-25.15%

Water (1.5 liter bottle)

$1.66 £1.24

$0.96 €0.86

72.92%

Cigarettes 20 Pack (Marlboro, Camel)

$23.65 £17.67

$6.09 €5.46

288.34%

Wine (Bottle)

$10.50 £7.84

$7.91 €7.08

32.74%

Local Beer (0.5 liter bottle)

$2.98 £2.23

$1.77 €1.59

68.36%

Imported Beer (0.33 liter bottle)

$3.51 £2.62

$1.94 €1.74

80.93%

One-way Ticket (Public Transport)

$3.98 £2.97

$1.64 €1.47

142.68%

Public Transport Monthly Pass (Regular Price)

$107 £80.3

$34.19 €30.64

214.19%

Taxi Start (Normal Tariff)

$5.18 £3.87

$3.41 €3.05

51.91%

Taxi (Normal Tariff) (1km)

$2.35 £1.75

$0.81 €0.72

190.12%

Taxi 1hour Waiting (Normal Tariff)

$26.84 £20.05

$16.31 €14.62

64.56%

Gasoline (1 liter)

$1.99 £1.48

$1.92 €1.72

3.65%

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

$39.4K £29.5K

$27.7K €24.9K

42.18%

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

$40.5K £30.2K

$30.3K €27.1K

33.72%

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

$327 £244

$319 €286

2.67%

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

$18.21 £13.60

$17.66 €15.82

3.11%

Internet (50+ Mbps, Unlimited Data)

$43.60 £32.57

$18.58 €16.65

134.66%

Gym Membership (Monthly)

$42.36 £31.64

$43.98 €39.41

-3.68%

Tennis Court (1 Hour on Weekend)

$18.22 £13.61

$34.52 €30.94

-47.22%

Cinema Ticket

$13.85 £10.34

$9.94 €8.91

39.34%

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

$1,868 £1,396

$641 €574

191.62%

International Primary School, 1 Child (Yearly)

$22.6K £16.9K

$17.0K €15.2K

33.51%

Jeans (Levis 501 Or Similar)

$92.9 £69.4

$78.1 €70.0

19.02%

Summer Dress (H&M, Zara, etc)

$45.92 £34.30

$46.22 €41.42

-0.65%

Sport Shoes (Adidas, Nike)

$102 £75.9

$93.4 €83.7

8.86%

Men's Leather Business Shoes

$102 £76.4

$137 €123

-25.48%

1-bedroom Apartment, City Center (Monthly)

$1,342 £1,003

$434 €389

209.43%

1-bedroom Apartment, Outside City Center (Monthly)

$1,073 £802

$308 €276

248.74%

3-bedroom Apartment, City Center (Monthly)

$2,231 £1,667

$927 €831

140.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,742 £1,301

$563 €505

209.19%

Buy Apartment in City Center (m2)

$5,601 £4,185

$2,383 €2,136

135.02%

Buy Apartment Outside City Center (m2)

$4,265 £3,186

$1,527 €1,368

179.29%

Average Monthly Net Salary (After Tax)

$3,349 £2,502

$1,263 €1,132

165.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.32

4.48

18.75%

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

Last update for the United Kingdom: October 26, 2026

Last update for Latvia: October 24, 2026

Monthly budget structure

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

Accommodation & Living

United Kingdom

$1.1K 43.6%

Latvia

$308 21.8% 71.3% $766

Monthly Utilities & Internet

United Kingdom

$389 15.8%

Latvia

$355 25.1% 8.8% $34

Eating Out

United Kingdom

$328 13.3%

Latvia

$217 15.4% 33.7% $110

Groceries & Markets

United Kingdom

$307 12.5%

Latvia

$263 18.6% 14.4% $44

Clothing & Footwear

United Kingdom

$154 6.3%

Latvia

$160 11.3% 3.5% $5.5

Getting Around

United Kingdom

$140 5.7%

Latvia

$48 3.4% 65.6% $92

Sport & Entertainment

United Kingdom

$70 2.9%

Latvia

$64 4.5% 8.8% $6.2

Cost Breakdown

National rent averages: $1,287 in the United Kingdom, $301 in Latvia. Capital cities: $2,811 in London vs $621 in Riga.

National salary averages: $3,251 in the United Kingdom, $967 in Latvia. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 328% higher in the United Kingdom.

Dining out costs 51% more in the United Kingdom.

Public transport is 166% more expensive in the United Kingdom.

Salaries are about 3.4 times higher in the United Kingdom, and purchasing power comes out stronger in the United Kingdom.

Good to know

🇬🇧 United Kingdom

🇱🇻 Latvia

🕒 Local time

05:35 5:35 AM

07:35 7:35 AM

2 h ahead of the United Kingdom

🌤 Weather

👥 Population

67,326,569

1,871,882

💱 Currency

British Pound GBP £

Euro EUR €

📈 Exchange rate

1 GBP = 1.34 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 2, 2026: 1 USD = 0.747 GBP (1 GBP = 1.34 USD). 1 EUR = 0.834 GBP (1 GBP = 1.2 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to GBP in detail →

On the map

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Between locations

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

From you

United Kingdom
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

United Kingdom vs Latvia: Cost of Living - Frequently Asked Questions

At $1,415 per month in Latvia and $2,462 in the United Kingdom, Latvia comes out about 43% 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 $1,287 in the United Kingdom and $301 in Latvia. Rents vary a lot between cities, so the gap depends on where you settle.

In Latvia, $3,000 covers most cities easily; in the United Kingdom it stretches only to regional areas and 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, while salaries, visas, language, and lifestyle can tip the balance either way.