Cost of living in Riga, Latvia vs Melbourne, Australia
Currency:
| Food | - 36% | |||
|---|---|---|---|---|
| Food in Riga (Latvia) is 36% cheaper than in Melbourne (Australia) | ||||
| Basic lunchtime menu (including a drink) in the business district | €9 (AU$14) | AU$18 | - 23% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €5.80 (AU$9) | AU$12 | - 24% | |
| 500 gr (1 lb.) of boneless chicken breast | €2.97 (AU$4.60) | AU$5.27 | - 13% | |
| 1 liter (1 qt.) of whole fat milk | €1.01 (AU$1.57) | AU$1.46 | + 7% | |
| 12 eggs, large | €2.02 (AU$3.12) | AU$5.06 | - 38% | |
| 1 kg (2 lb.) of tomatoes | €1.79 (AU$2.77) | AU$4.83 | - 43% | |
| 500 gr (16 oz.) of local cheese | €3.12 (AU$4.84) | AU$7 | - 27% | |
| 1 kg (2 lb.) of apples | €1.27 (AU$1.97) | AU$4.57 | - 57% | |
| 1 kg (2 lb.) of potatoes | €0.51 (AU$0.79) | AU$3.20 | - 75% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.29 (AU$1.99) | AU$5.70 | - 65% | |
| 1 bottle of red table wine, good quality | €10 (AU$15) | AU$17 | - 12% | |
| 2 liters of coca-cola | €1.76 (AU$2.73) | AU$2.82 | - 3% | |
| Bread for 2 people for 1 day | €0.75 (AU$1.16) | AU$2.67 | - 56% | |
| Housing | - 52% | |||
| Housing in Riga (Latvia) is 52% cheaper than in Melbourne (Australia) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €688 (AU$1,066) | AU$2,894 | - 63% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €527 (AU$817) | AU$2,147 | - 62% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €151 (AU$235) | AU$238 | - 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €515 (AU$798) | AU$1,809 | - 56% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €362 (AU$561) | AU$1,422 | - 61% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €102 (AU$158) | AU$159 | - 0% | |
| Internet 8 mbps (1 month) | €12 (AU$18) | AU$46 | - 61% | |
| 40” flat screen tv | €340 (AU$527) | AU$354 | + 49% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €95 (AU$146) | AU$212 | - 31% | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 (AU$14) | AU$12 | + 22% | |
| Hourly rate for cleaning help | €9 (AU$14) | AU$28 | - 48% | |
| Clothes | - 4% | |||
| Clothes in Riga (Latvia) is 4% cheaper than in Melbourne (Australia) | ||||
| 1 pair of jeans (levis 501 or similar) | €72 (AU$111) | AU$101 | + 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €34 (AU$52) | AU$59 | - 12% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €84 (AU$130) | AU$129 | + 1% | |
| 1 pair of men’s leather business shoes | €81 (AU$125) | AU$131 | - 5% | |
| Transportation | - 40% | |||
| Transportation in Riga (Latvia) is 40% cheaper than in Melbourne (Australia) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €18,569 (AU$28,763) | AU$27,303 | + 5% | |
| 1 liter (1/4 gallon) of gas | €1.25 (AU$1.94) | AU$1.38 | + 40% | |
| Monthly ticket public transport | €46 (AU$71) | AU$160 | - 56% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €5.69 (AU$9) | AU$21 | - 58% | |
| Personal Care | - 6% | |||
| Personal Care in Riga (Latvia) is 6% cheaper than in Melbourne (Australia) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €7 (AU$11) | AU$7 | + 53% | |
| 1 box of antibiotics (12 doses) | €16 (AU$25) | AU$24 | + 5% | |
| Short visit to private doctor (15 minutes) | €37 (AU$57) | AU$72 | - 21% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.97 (AU$6) | AU$7 | - 11% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.84 (AU$4.40) | AU$4.47 | - 2% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.59 (AU$4.00) | AU$5.32 | - 25% | |
| 4 rolls of toilet paper | €1.50 (AU$2.33) | AU$2.55 | - 9% | |
| Tube of toothpaste | €2.11 (AU$3.26) | AU$3.01 | + 8% | |
| Standard men's haircut in expat area of the city | €16 (AU$25) | AU$36 | - 30% | |
| Entertainment | - 29% | |||
| Entertainment in Riga (Latvia) is 29% cheaper than in Melbourne (Australia) | ||||
| Basic dinner out for two in neighborhood pub | €25 (AU$39) | AU$51 | - 24% | |
| 2 tickets to the movies | €16 (AU$25) | AU$39 | - 37% | |
| 2 tickets to the theater (best available seats) | €63 (AU$98) | AU$226 | - 57% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €45 (AU$70) | AU$78 | - 10% | |
| 1 cocktail drink in downtown club | €7 (AU$10) | AU$16 | - 34% | |
| Cappuccino in expat area of the city | €3.13 (AU$4.85) | AU$4.40 | + 10% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €3.54 (AU$5.49) | AU$10 | - 45% | |
| Ipad wi-fi 128gb | €457 (AU$709) | AU$634 | + 12% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.14 (AU$0.21) | AU$0.25 | - 13% | |
| 1 month of gym membership in business district | €43 (AU$67) | AU$72 | - 7% | |
| 1 package of marlboro cigarettes | €4.10 (AU$6) | AU$33 | - 81% | |
| TOTAL | - 39% | |||
These prices were last updated on March 06, 2021.
Exchange rate:
1.549
AUD
/
EUR
This comparison is based on abundant and consistent data. It is based on 1,157 prices entered by 166 different people.
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Cost of living in Riga (Latvia) is 39% cheaper than in Melbourne (Australia)
For example, to keep the same standard of living that would require AU$8,500 in Melbourne you would need to make just about AU$5,204 (€3,360) in Riga.
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