Published: Monday, 21th October 2024
The cost of living in India is 1.80 times less expensive as compared to Latvia.
On this page, you will find side-by-side cost comparison between India and Latvia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between India and Latvia.
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Indicators | India | Latvia |
---|---|---|
1 BHK Apartment in City Center | 30,000 INR (360 USD) | 800 EUR (889.68 USD) |
2 BHK Apartment in City Center | 50,000 INR (600 USD) | 1,200 EUR (1,334.52 USD) |
3 BHK Apartment in City Center | 75,000 INR (900 USD) | 1,800 EUR (2,001.78 USD) |
1 BHK Apartment outside City Center | 15,000 INR (180 USD) | 600 EUR (667.26 USD) |
2 BHK Apartment outside City Center | 25,000 INR (300 USD) | 900 EUR (1,000.89 USD) |
3 BHK Apartment outside City Center | 40,000 INR (480 USD) | 1,200 EUR (1,334.52 USD) |
Mortgage Rates Per Month | 8 % | 3 % |
Realtor Commission | 1 % | 2 % |
Property Taxes | 0.2 to 1.0 % | 0.2 to 0.6 % |
The average housing cost in India is 2.53 times less expensive than Latvia.
Indicators | India | Latvia |
---|---|---|
Basic Home Furnishing | 50,000 INR (600 USD) | 2,000 EUR (2,224.20 USD) |
Electricity Cost Per Month | 1,500 INR (18 USD) | 100 EUR (111.21 USD) |
Heating Cost Per Month | 1,000 INR (12 USD) | 150 EUR (166.82 USD) |
Cooling Cost Per Month | 1,500 INR (18 USD) | 80 EUR (88.97 USD) |
Water Supply Cost Per Month | 500 INR (6 USD) | 50 EUR (55.61 USD) |
If you lived in India, instead of Latvia, you would have to pay 75.29% less for Utilities.
The basic home furnishing in India costs 3.71 times less compared to Latvia.
Indicators | India | Latvia |
---|---|---|
Standard Wifi Cost Per Month | 1,000 INR (12 USD) | 30 EUR (33.36 USD) |
Mobile Phone Basic Plan Cost Per Month | 500 INR (6 USD) | 20 EUR (22.24 USD) |
Landline Basic Plan Cost Per Month | 300 INR (3.60 USD) | 15 EUR (16.68 USD) |
Cable TV Basic Plan Cost Per Month | 500 INR (6 USD) | 40 EUR (44.48 USD) |
The internet and communication costs 76.36% less in India compared to Latvia.
Indicators | India | Latvia |
---|---|---|
Long Grain Rice (1 KG) | 60 INR (0.72 USD) | 2.50 EUR (2.78 USD) |
Milk (1 Liter) | 50 INR (0.60 USD) | 1.10 EUR (1.22 USD) |
Water (1 Liter) | 20 INR (0.24 USD) | 0.70 EUR (0.78 USD) |
Bread (500 gm) | 30 INR (0.36 USD) | 1.50 EUR (1.67 USD) |
Eggs (1 Dozen) | 80 INR (0.96 USD) | 2 EUR (2.22 USD) |
Cheese (1 KG) | 300 INR (3.60 USD) | 5 EUR (5.56 USD) |
Chicken Breast (1 KG) | 250 INR (3 USD) | 7 EUR (7.78 USD) |
In India, the cost of 1 Liter Water and 1 Liter Milk is 2.38 times less expensive than the cost in Latvia.
If you lived in India, instead of Latvia, you would have to pay 56.95% less for Groceries.
Indicators | India | Latvia |
---|---|---|
Apples (1 KG) | 150 INR (1.80 USD) | 2 EUR (2.22 USD) |
Bananas (1 KG) | 60 INR (0.72 USD) | 2.50 EUR (2.78 USD) |
Oranges (1 KG) | 80 INR (0.96 USD) | 3 EUR (3.34 USD) |
Tomatoes (1 KG) | 50 INR (0.60 USD) | 2.50 EUR (2.78 USD) |
Potatoes (1 KG) | 30 INR (0.36 USD) | 1.50 EUR (1.67 USD) |
Lemons (1 KG) | 100 INR (1.20 USD) | 3 EUR (3.34 USD) |
Onions (1 KG) | 40 INR (0.48 USD) | 2 EUR (2.22 USD) |
Lentils (1 KG) | 80 INR (0.96 USD) | 2.50 EUR (2.78 USD) |
If you lived in India, instead of Latvia, you would have to pay 2.98 times less for Fruits and Vegetables.
Indicators | India | Latvia |
---|---|---|
Meal at a Resonable Restaurant | 500 INR (6 USD) | 10 EUR (11.12 USD) |
Three-Course Meal for Two | 1,500 INR (18 USD) | 30 EUR (33.36 USD) |
Fast Food Combo Meal | 200 INR (2.40 USD) | 6 EUR (6.67 USD) |
Normal Coffee | 100 INR (1.20 USD) | 2 EUR (2.22 USD) |
Soft Drink | 50 INR (0.60 USD) | 1.50 EUR (1.67 USD) |
Pizza for One | 500 INR (6 USD) | 10 EUR (11.12 USD) |
Take-Out Delivery Meal | 300 INR (3.60 USD) | 8 EUR (8.90 USD) |
Cigarette Pack of 20 | 200 INR (2.40 USD) | 5 EUR (5.56 USD) |
Dining-Out costs 50.14% less in India compared to Latvia.
Indicators | India | Latvia |
---|---|---|
Wine Mid-Range Bottle | 1,500 INR (18 USD) | 8 EUR (8.90 USD) |
Glass of Wine | 400 INR (4.80 USD) | 6 EUR (6.67 USD) |
Domestic Beer Half Liter | 100 INR (1.20 USD) | 2 EUR (2.22 USD) |
Imported Beer Half Liter | 150 INR (1.80 USD) | 3 EUR (3.34 USD) |
Domestic Alcohol 1 Liter | 500 INR (6 USD) | 8 EUR (8.90 USD) |
Branded Alcohol 1 Liter | 1,000 INR (12 USD) | 12 EUR (13.35 USD) |
If you lived in India, instead of Latvia, you would have to pay 1.01 times more for usual hard drinks.
Indicators | India | Latvia |
---|---|---|
Monthly Public Transportation Pass | 2,000 INR (24 USD) | 30 EUR (33.36 USD) |
Single Public Transportation Ticket | 50 INR (0.60 USD) | 1.50 EUR (1.67 USD) |
Single Train Ticket | 1,500 INR (18 USD) | 10 EUR (11.12 USD) |
Domestic Airplane Ticket | 5,000 INR (60 USD) | 150 EUR (166.82 USD) |
Taxi Start Fare | 50 INR (0.60 USD) | 2 EUR (2.22 USD) |
Taxi Rate Per Kilometer | 20 INR (0.24 USD) | 1 EUR (1.11 USD) |
Car Rental Per Day | 1,000 INR (12 USD) | 40 EUR (44.48 USD) |
Parking Fees in City Center Per Hour | 50 INR (0.60 USD) | 2 EUR (2.22 USD) |
Parking Fees outside City Center Per Hour | 30 INR (0.36 USD) | 1 EUR (1.11 USD) |
If you lived in India, instead of Latvia, you would have to pay 2.27 times less for transportation.
Indicators | India | Latvia |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,500,000 INR (18,000 USD) | 15,000 EUR (16,681.50 USD) |
Vehicle Registration Cost | 5,000 INR (60 USD) | 100 EUR (111.21 USD) |
Driving License Fees | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Car Insurance Cost | 20,000 INR (240 USD) | 400 EUR (444.84 USD) |
Car Maintenance Cost | 5,000 INR (60 USD) | 150 EUR (166.82 USD) |
Car Loan Interest Rates | 10 % | 3.5 % |
Fuel Per Liter | 100 INR (1.20 USD) | 1.50 EUR (1.67 USD) |
Fuel Per Gallon | 400 INR (4.80 USD) | 5.50 EUR (6.12 USD) |
Average Toll Fees | 100 INR 1.20 USD | 5 EUR 5.56 USD |
You would have to pay 1.05 times more for Vehicle purchase, daily operation and maintenance in India compared to that of Latvia.
Indicators | India | Latvia |
---|---|---|
Doctor Visit | 500 INR (6 USD) | 30 EUR (33.36 USD) |
Specialist Visit | 1,000 INR (12 USD) | 50 EUR (55.61 USD) |
Dentist Visit | 800 INR (9.60 USD) | 40 EUR (44.48 USD) |
Eye Exam | 300 INR (3.60 USD) | 25 EUR (27.80 USD) |
Mental Health Counseling | 1,000 INR (12 USD) | 50 EUR (55.61 USD) |
Preventive Health Screening | 500 INR (6 USD) | 30 EUR (33.36 USD) |
Physical Therapy | 500 INR (6 USD) | 40 EUR (44.48 USD) |
Emergency Room Visit | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Hospital Stay Per Night | 2,000 INR (24 USD) | 100 EUR (111.21 USD) |
Vaccinations | 300 INR (3.60 USD) | 20 EUR (22.24 USD) |
Prescription Medication | 200 INR (2.40 USD) | 10 EUR (11.12 USD) |
Over the Counter Medication | 100 INR (1.20 USD) | 5 EUR (5.56 USD) |
Health Insurance Premiums | 2,000 INR (24 USD) | 80 EUR (88.97 USD) |
Health Insurance Deductibles | 500 INR (6 USD) | 30 EUR (33.36 USD) |
If you lived in India, instead of Latvia, you would have to pay 4.94 times less for Health and Medical Treatment.
Indicators | India | Latvia |
---|---|---|
Cosmetic Procedures | 5,000 INR (60 USD) | 100 EUR (111.21 USD) |
Spa Treatment | 2,000 INR (24 USD) | 50 EUR (55.61 USD) |
Manicure Pedicure Cost | 500 INR (6 USD) | 20 EUR (22.24 USD) |
Optical Glasses Cost | 1,000 INR (12 USD) | 100 EUR (111.21 USD) |
Contact Lenses Cost | 500 INR (6 USD) | 50 EUR (55.61 USD) |
Haircuts | 300 INR (3.60 USD) | 15 EUR (16.68 USD) |
Hair Coloring | 800 INR (9.60 USD) | 50 EUR (55.61 USD) |
Shampoo Price | 100 INR (1.20 USD) | 2 EUR (2.22 USD) |
Toothpaste Price | 50 INR (0.60 USD) | 1 EUR (1.11 USD) |
If you lived in India, instead of Latvia, you would have to pay 3.51 times less for Personal Care Items and Treatment.
Indicators | India | Latvia |
---|---|---|
Pair of Nike Running Shoes | 3,000 INR (36 USD) | 100 EUR (111.21 USD) |
Men's Shirt | 1,000 INR (12 USD) | 40 EUR (44.48 USD) |
Women's Dress | 2,000 INR (24 USD) | 70 EUR (77.85 USD) |
Summer Dress | 1,000 INR (12 USD) | 50 EUR (55.61 USD) |
Men's Suit | 8,000 INR (96 USD) | 300 EUR (333.63 USD) |
Men's Jeans | 1,500 INR (18 USD) | 60 EUR (66.73 USD) |
Women's Jeans | 1,200 INR (14.40 USD) | 60 EUR (66.73 USD) |
Men's Formal Shoes | 1,500 INR (18 USD) | 120 EUR (133.45 USD) |
Women's Formal Shoes | 1,200 INR (14.40 USD) | 100 EUR (111.21 USD) |
Men's Casual Shoes | 1,000 INR (12 USD) | 80 EUR (88.97 USD) |
Women's Casual Shoes | 800 INR (9.60 USD) | 50 EUR (55.61 USD) |
Underwear For Men | 200 INR (2.40 USD) | 10 EUR (11.12 USD) |
Underwear For Women | 250 INR (3 USD) | 12 EUR (13.35 USD) |
Socks For Men | 50 INR (0.60 USD) | 5 EUR (5.56 USD) |
Socks For Women | 70 INR (0.84 USD) | 6 EUR (6.67 USD) |
Wintercoat for Adults | 1,500 INR (18 USD) | 100 EUR (111.21 USD) |
Sportswear | 1,200 INR (14.40 USD) | 60 EUR (66.73 USD) |
If you lived in India, instead of Latvia, you would have to pay 4.45 times less for Clothing and Footwear for Adults.
Indicators | India | Latvia |
---|---|---|
Children's Jeans | 500 INR (6 USD) | 30 EUR (33.36 USD) |
Children's Normal Sneakers | 800 INR (9.60 USD) | 40 EUR (44.48 USD) |
Children's Winter Coat | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Daycare for Infant | 10,000 INR (120 USD) | 400 EUR (444.84 USD) |
Daycare for Toddler | 8,000 INR (96 USD) | 350 EUR (389.24 USD) |
Childcare for Sick Days | 500 INR (6 USD) | 20 EUR (22.24 USD) |
Early Childhood Education Programs | 3,000 INR (36 USD) | 300 EUR (333.63 USD) |
Extra Curricular Activities | 1,000 INR (12 USD) | 60 EUR (66.73 USD) |
Summer Camp for Kids | 4,000 INR (48 USD) | 200 EUR (222.42 USD) |
If you lived in India, instead of Latvia, you would have to pay 4.70 times less for Childcare and kids clothing.
Indicators | India | Latvia |
---|---|---|
PreSchool Fees | 15,000 INR (180 USD) | 450 EUR (500.45 USD) |
Primary School Fees | 20,000 INR (240 USD) | 800 EUR (889.68 USD) |
Secondary School Fees | 30,000 INR (360 USD) | 1,200 EUR (1,334.52 USD) |
Private School Fees | 40,000 INR (480 USD) | 2,000 EUR (2,224.20 USD) |
University Tuition Fees | 100,000 INR (1,200 USD) | 3,000 EUR (3,336.30 USD) |
University Private Tuition Fees | 150,000 INR (1,800 USD) | 4,500 EUR (5,004.45 USD) |
After School Activities | 2,000 INR (24 USD) | 100 EUR (111.21 USD) |
Special Education Services | 3,500 INR (42 USD) | 200 EUR (222.42 USD) |
Tutoring | 2,000 INR (24 USD) | 25 EUR (27.80 USD) |
Textbooks Cost | 1,500 INR (18 USD) | 50 EUR (55.61 USD) |
School Supplies | 1,000 INR (12 USD) | 30 EUR (33.36 USD) |
If you lived in India, instead of Latvia, you would have to pay 3.14 times less for school and education.
Indicators | India | Latvia |
---|---|---|
Movie Ticket (Single) | 200 INR (2.40 USD) | 7 EUR (7.78 USD) |
Theater Ticket (Single) | 500 INR (6 USD) | 15 EUR (16.68 USD) |
Concert Ticket (Single) | 800 INR (9.60 USD) | 20 EUR (22.24 USD) |
Sports Event Ticket (Single) | 600 INR (7.20 USD) | 18 EUR (20.02 USD) |
Gym Membership | 1,000 INR (12 USD) | 30 EUR (33.36 USD) |
Swimming Pool Access | 800 INR (9.60 USD) | 15 EUR (16.68 USD) |
Museum Entry Ticket | 200 INR (2.40 USD) | 5 EUR (5.56 USD) |
Zoo Entry Ticket | 300 INR (3.60 USD) | 10 EUR (11.12 USD) |
Amusement Park Entry Ticket | 500 INR (6 USD) | 15 EUR (16.68 USD) |
Bowling | 200 INR (2.40 USD) | 10 EUR (11.12 USD) |
Mini Golf | 300 INR (3.60 USD) | 8 EUR (8.90 USD) |
Video Games | 2,000 INR (24 USD) | 60 EUR (66.73 USD) |
Streaming Services | 500 INR (6 USD) | 15 EUR (16.68 USD) |
Outdoor Equipment Rental | 500 INR (6 USD) | 20 EUR (22.24 USD) |
Theme Park Annual Pass | 15,000 INR (180 USD) | 150 EUR (166.82 USD) |
If you lived in India, instead of Latvia, you would have to pay 1.58 times less for entertainment, recreation and fun activities.
Indicators | India | Latvia |
---|---|---|
Language Classes | 2,500 INR (30 USD) | 150 EUR (166.82 USD) |
Parenting Classes | 2,000 INR (24 USD) | 60 EUR (66.73 USD) |
Art Classes | 600 INR (7.20 USD) | 20 EUR (22.24 USD) |
Fitness Classes | 1,000 INR (12 USD) | 15 EUR (16.68 USD) |
Music Lessons | 800 INR (9.60 USD) | 25 EUR (27.80 USD) |
Dance Lessons | 800 INR (9.60 USD) | 30 EUR (33.36 USD) |
Reading Materials for Classes | 500 INR (6 USD) | 10 EUR (11.12 USD) |
Educational Software | 1,000 INR (12 USD) | 80 EUR (88.97 USD) |
If you lived in India, instead of Latvia, you would have to pay 3.93 times less for Private Classes.
Indicators | India | Latvia |
---|---|---|
Average Gross Monthly Salary | 50,000 INR (600 USD) | 1,500 EUR (1,668.15 USD) |
Average Net Monthly Salary | 35,000 INR (420 USD) | 1,100 EUR (1,223.31 USD) |
Minimum Wages | 500 INR per hour (6 USD) | 20 EUR per hour (22.24 USD) |
Average Bonus | 10,000 INR (120 USD) | 500 EUR (556.05 USD) |
Income Tax Rate | 0 to 28 % | 0 to 21 % |
Social Security Contributions | 12 % | 10 % |
Pension Contributions | 10 % | 5 % |
Cost of Living Index | 50 | 50 |
Median Household Income | 40,000 INR (480 USD) | 2,000 EUR (2,224.20 USD) |
If you lived in India, you would earn 3.50 times less salary as compared to Latvia.
Indicators | India | Latvia |
---|---|---|
Legal Consultation Per Hour Rate | 2,000 INR (24 USD) | 60 EUR (66.73 USD) |
Accounting Services Per Hour Rate | 1,500 INR (18 USD) | 50 EUR (55.61 USD) |
IT Support Services Per Hour Rate | 1,000 INR (12 USD) | 40 EUR (44.48 USD) |
Technician Services Per Hour Rate | 800 INR (9.60 USD) | 50 EUR (55.61 USD) |
Professional Services cost 3.50 times less in India, as compared to Latvia.
We hope you enjoyed the detailed guide on the cost of living comparsion between India and Latvia.
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