Cost of living in Riga, Latvia vs Innsbruck, Austria
Currency:
| Food | - 39% | |||
|---|---|---|---|---|
| Food in Riga (Latvia) is 39% cheaper than in Innsbruck (Austria) | ||||
| Basic lunchtime menu (including a drink) in the business district | €9 | €13 | - 30% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €5.80 | €8 | - 23% | |
| 500 gr (1 lb.) of boneless chicken breast | €2.97 | €5.14 | - 42% | |
| 1 liter (1 qt.) of whole fat milk | €1.01 | €1.11 | - 9% | |
| 12 eggs, large | €2.02 | €5.46 | - 63% | |
| 1 kg (2 lb.) of tomatoes | €1.79 | €2.97 | - 40% | |
| 500 gr (16 oz.) of local cheese | €3.12 | €5.54 | - 44% | |
| 1 kg (2 lb.) of apples | €1.27 | €2.61 | - 51% | |
| 1 kg (2 lb.) of potatoes | €0.51 | €2.39 | - 79% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.29 | €1.18 | + 9% | |
| 1 bottle of red table wine, good quality | €10 | €8 | + 17% | |
| 2 liters of coca-cola | €1.76 | €2.15 | - 18% | |
| Bread for 2 people for 1 day | €0.75 | €1.98 | - 62% | |
| Housing | - 36% | |||
| Housing in Riga (Latvia) is 36% cheaper than in Innsbruck (Austria) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €688 | €1,362 | - 49% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €527 | €1,121 | - 53% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €151 | €181 | - 16% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €490 | €731 | - 33% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €362 | €586 | - 38% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €102 | €108 | - 6% | |
| Internet 8 mbps (1 month) | €12 | €20 | - 41% | |
| 40” flat screen tv | €340 | €491 | - 31% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €95 | €104 | - 9% | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 | €7 | + 35% | |
| Hourly rate for cleaning help | €9 | €11 | - 20% | |
| Clothes | - 12% | |||
| Clothes in Riga (Latvia) is 12% cheaper than in Innsbruck (Austria) | ||||
| 1 pair of jeans (levis 501 or similar) | €72 | €90 | - 20% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €34 | €33 | + 0% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €84 | €94 | - 11% | |
| 1 pair of men’s leather business shoes | €81 | €124 | - 35% | |
| Transportation | - 18% | |||
| Transportation in Riga (Latvia) is 18% cheaper than in Innsbruck (Austria) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €18,569 | €24,287 | - 24% | |
| 1 liter (1/4 gallon) of gas | €1.25 | €1.21 | + 3% | |
| Monthly ticket public transport | €46 | €51 | - 10% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €5.69 | €22 | - 74% | |
| Personal Care | - 17% | |||
| Personal Care in Riga (Latvia) is 17% cheaper than in Innsbruck (Austria) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €7 | €11 | - 35% | |
| 1 box of antibiotics (12 doses) | €16 | €9 | + 86% | |
| Short visit to private doctor (15 minutes) | €37 | €73 | - 49% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.97 | €4.50 | - 12% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.84 | €3.25 | - 13% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.59 | €4.05 | - 36% | |
| 4 rolls of toilet paper | €1.50 | €1.50 | + 0% | |
| Tube of toothpaste | €2.11 | €2.41 | - 13% | |
| Standard men's haircut in expat area of the city | €16 | €18 | - 13% | |
| Entertainment | - 16% | |||
| Entertainment in Riga (Latvia) is 16% cheaper than in Innsbruck (Austria) | ||||
| Basic dinner out for two in neighborhood pub | €25 | €41 | - 39% | |
| 2 tickets to the movies | €16 | €20 | - 19% | |
| 2 tickets to the theater (best available seats) | €63 | €70 | - 10% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €45 | €51 | - 11% | |
| 1 cocktail drink in downtown club | €7 | €8 | - 17% | |
| Cappuccino in expat area of the city | €3.13 | €2.66 | + 18% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €3.54 | €3.65 | - 3% | |
| Ipad wi-fi 128gb | €457 | €556 | - 18% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.14 | €0.15 | - 6% | |
| 1 month of gym membership in business district | €43 | €43 | - 1% | |
| 1 package of marlboro cigarettes | €4.10 | €5.12 | - 20% | |
| TOTAL | - 27% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 204 prices entered by 32 different people.
These prices were last updated on February 24, 2021.
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Cost of living in Riga (Latvia) is 27% cheaper than in Innsbruck (Austria)
For example, to keep the same standard of living that would require €3,800 in Innsbruck you would need to make just about €2,761 in Riga.
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