Published: Monday, 21th October 2024
The cost of living in Latvia is 2.24 times less expensive as compared to Australia.
On this page, you will find side-by-side cost comparison between Latvia and Australia. 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 Latvia and Australia.
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Indicators | Latvia | Australia |
---|---|---|
1 BHK Apartment in City Center | 800 EUR (889.68 USD) | 2,500 AUD (1,598.50 USD) |
2 BHK Apartment in City Center | 1,200 EUR (1,334.52 USD) | 3,500 AUD (2,237.90 USD) |
3 BHK Apartment in City Center | 1,800 EUR (2,001.78 USD) | 4,500 AUD (2,877.30 USD) |
1 BHK Apartment outside City Center | 600 EUR (667.26 USD) | 1,800 AUD (1,150.92 USD) |
2 BHK Apartment outside City Center | 900 EUR (1,000.89 USD) | 2,500 AUD (1,598.50 USD) |
3 BHK Apartment outside City Center | 1,200 EUR (1,334.52 USD) | 3,200 AUD (2,046.08 USD) |
Mortgage Rates Per Month | 3 % | 4.5 % |
Realtor Commission | 2 % | 2.5 % |
Property Taxes | 0.2 to 0.6 % | 0.3 to 1.75 % |
The average housing cost in Latvia is 1.60 times less expensive than Australia.
Indicators | Latvia | Australia |
---|---|---|
Basic Home Furnishing | 2,000 EUR (2,224.20 USD) | 1,200 AUD (767.28 USD) |
Electricity Cost Per Month | 100 EUR (111.21 USD) | 200 AUD (127.88 USD) |
Heating Cost Per Month | 150 EUR (166.82 USD) | 100 AUD (63.94 USD) |
Cooling Cost Per Month | 80 EUR (88.97 USD) | 150 AUD (95.91 USD) |
Water Supply Cost Per Month | 50 EUR (55.61 USD) | 80 AUD (51.15 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 139.28% more for Utilities.
The basic home furnishing in Latvia costs 2.90 times more compared to Australia.
Indicators | Latvia | Australia |
---|---|---|
Standard Wifi Cost Per Month | 30 EUR (33.36 USD) | 70 AUD (44.76 USD) |
Mobile Phone Basic Plan Cost Per Month | 20 EUR (22.24 USD) | 50 AUD (31.97 USD) |
Landline Basic Plan Cost Per Month | 15 EUR (16.68 USD) | 40 AUD (25.58 USD) |
Cable TV Basic Plan Cost Per Month | 40 EUR (44.48 USD) | 60 AUD (38.36 USD) |
The internet and communication costs 16.99% less in Latvia compared to Australia.
Indicators | Latvia | Australia |
---|---|---|
Long Grain Rice (1 KG) | 2.50 EUR (2.78 USD) | 3.50 AUD (2.24 USD) |
Milk (1 Liter) | 1.10 EUR (1.22 USD) | 2.50 AUD (1.60 USD) |
Water (1 Liter) | 0.70 EUR (0.78 USD) | 1.50 AUD (0.96 USD) |
Bread (500 gm) | 1.50 EUR (1.67 USD) | 3 AUD (1.92 USD) |
Eggs (1 Dozen) | 2 EUR (2.22 USD) | 6.50 AUD (4.16 USD) |
Cheese (1 KG) | 5 EUR (5.56 USD) | 10 AUD (6.39 USD) |
Chicken Breast (1 KG) | 7 EUR (7.78 USD) | 15 AUD (9.59 USD) |
In Latvia, the cost of 1 Liter Water and 1 Liter Milk is 1.28 times less expensive than the cost in Australia.
If you lived in Latvia, instead of Australia, you would have to pay 18.01% less for Groceries.
Indicators | Latvia | Australia |
---|---|---|
Apples (1 KG) | 2 EUR (2.22 USD) | 4 AUD (2.56 USD) |
Bananas (1 KG) | 2.50 EUR (2.78 USD) | 3 AUD (1.92 USD) |
Oranges (1 KG) | 3 EUR (3.34 USD) | 4 AUD (2.56 USD) |
Tomatoes (1 KG) | 2.50 EUR (2.78 USD) | 5 AUD (3.20 USD) |
Potatoes (1 KG) | 1.50 EUR (1.67 USD) | 2.50 AUD (1.60 USD) |
Lemons (1 KG) | 3 EUR (3.34 USD) | 4.50 AUD (2.88 USD) |
Onions (1 KG) | 2 EUR (2.22 USD) | 2 AUD (1.28 USD) |
Lentils (1 KG) | 2.50 EUR (2.78 USD) | 3 AUD (1.92 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.18 times more for Fruits and Vegetables.
Indicators | Latvia | Australia |
---|---|---|
Meal at a Resonable Restaurant | 10 EUR (11.12 USD) | 20 AUD (12.79 USD) |
Three-Course Meal for Two | 30 EUR (33.36 USD) | 70 AUD (44.76 USD) |
Fast Food Combo Meal | 6 EUR (6.67 USD) | 12 AUD (7.67 USD) |
Normal Coffee | 2 EUR (2.22 USD) | 4 AUD (2.56 USD) |
Soft Drink | 1.50 EUR (1.67 USD) | 3 AUD (1.92 USD) |
Pizza for One | 10 EUR (11.12 USD) | 20 AUD (12.79 USD) |
Take-Out Delivery Meal | 8 EUR (8.90 USD) | 25 AUD (15.98 USD) |
Cigarette Pack of 20 | 5 EUR (5.56 USD) | 25 AUD (15.98 USD) |
Dining-Out costs 29.55% less in Latvia compared to Australia.
Indicators | Latvia | Australia |
---|---|---|
Wine Mid-Range Bottle | 8 EUR (8.90 USD) | 15 AUD (9.59 USD) |
Glass of Wine | 6 EUR (6.67 USD) | 8 AUD (5.12 USD) |
Domestic Beer Half Liter | 2 EUR (2.22 USD) | 4 AUD (2.56 USD) |
Imported Beer Half Liter | 3 EUR (3.34 USD) | 6 AUD (3.84 USD) |
Domestic Alcohol 1 Liter | 8 EUR (8.90 USD) | 25 AUD (15.98 USD) |
Branded Alcohol 1 Liter | 12 EUR (13.35 USD) | 50 AUD (31.97 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.59 times less for usual hard drinks.
Indicators | Latvia | Australia |
---|---|---|
Monthly Public Transportation Pass | 30 EUR (33.36 USD) | 150 AUD (95.91 USD) |
Single Public Transportation Ticket | 1.50 EUR (1.67 USD) | 4 AUD (2.56 USD) |
Single Train Ticket | 10 EUR (11.12 USD) | 5 AUD (3.20 USD) |
Domestic Airplane Ticket | 150 EUR (166.82 USD) | 150 AUD (95.91 USD) |
Taxi Start Fare | 2 EUR (2.22 USD) | 4 AUD (2.56 USD) |
Taxi Rate Per Kilometer | 1 EUR (1.11 USD) | 2 AUD (1.28 USD) |
Car Rental Per Day | 40 EUR (44.48 USD) | 70 AUD (44.76 USD) |
Parking Fees in City Center Per Hour | 2 EUR (2.22 USD) | 5 AUD (3.20 USD) |
Parking Fees outside City Center Per Hour | 1 EUR (1.11 USD) | 3 AUD (1.92 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.05 times more for transportation.
Indicators | Latvia | Australia |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000 EUR (16,681.50 USD) | 35,000 AUD (22,379 USD) |
Vehicle Registration Cost | 100 EUR (111.21 USD) | 500 AUD (319.70 USD) |
Driving License Fees | 50 EUR (55.61 USD) | 100 AUD (63.94 USD) |
Car Insurance Cost | 400 EUR (444.84 USD) | 120 AUD (76.73 USD) |
Car Maintenance Cost | 150 EUR (166.82 USD) | 150 AUD (95.91 USD) |
Car Loan Interest Rates | 3.5 % | 6 % |
Fuel Per Liter | 1.50 EUR (1.67 USD) | 1.70 AUD (1.09 USD) |
Fuel Per Gallon | 5.50 EUR (6.12 USD) | 6.45 AUD (4.12 USD) |
Average Toll Fees | 5 EUR 5.56 USD | 2 AUD 1.28 USD |
You would have to pay 1.31 times less for Vehicle purchase, daily operation and maintenance in Latvia compared to that of Australia.
Indicators | Latvia | Australia |
---|---|---|
Doctor Visit | 30 EUR (33.36 USD) | 150 AUD (95.91 USD) |
Specialist Visit | 50 EUR (55.61 USD) | 200 AUD (127.88 USD) |
Dentist Visit | 40 EUR (44.48 USD) | 150 AUD (95.91 USD) |
Eye Exam | 25 EUR (27.80 USD) | 70 AUD (44.76 USD) |
Mental Health Counseling | 50 EUR (55.61 USD) | 100 AUD (63.94 USD) |
Preventive Health Screening | 30 EUR (33.36 USD) | 150 AUD (95.91 USD) |
Physical Therapy | 40 EUR (44.48 USD) | 80 AUD (51.15 USD) |
Emergency Room Visit | 60 EUR (66.73 USD) | 500 AUD (319.70 USD) |
Hospital Stay Per Night | 100 EUR (111.21 USD) | 1,000 AUD (639.40 USD) |
Vaccinations | 20 EUR (22.24 USD) | 100 AUD (63.94 USD) |
Prescription Medication | 10 EUR (11.12 USD) | 30 AUD (19.18 USD) |
Over the Counter Medication | 5 EUR (5.56 USD) | 10 AUD (6.39 USD) |
Health Insurance Premiums | 80 EUR (88.97 USD) | 200 AUD (127.88 USD) |
Health Insurance Deductibles | 30 EUR (33.36 USD) | 100 AUD (63.94 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 2.86 times less for Health and Medical Treatment.
Indicators | Latvia | Australia |
---|---|---|
Cosmetic Procedures | 100 EUR (111.21 USD) | 500 AUD (319.70 USD) |
Spa Treatment | 50 EUR (55.61 USD) | 150 AUD (95.91 USD) |
Manicure Pedicure Cost | 20 EUR (22.24 USD) | 50 AUD (31.97 USD) |
Optical Glasses Cost | 100 EUR (111.21 USD) | 200 AUD (127.88 USD) |
Contact Lenses Cost | 50 EUR (55.61 USD) | 100 AUD (63.94 USD) |
Haircuts | 15 EUR (16.68 USD) | 30 AUD (19.18 USD) |
Hair Coloring | 50 EUR (55.61 USD) | 80 AUD (51.15 USD) |
Shampoo Price | 2 EUR (2.22 USD) | 5 AUD (3.20 USD) |
Toothpaste Price | 1 EUR (1.11 USD) | 3 AUD (1.92 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.66 times less for Personal Care Items and Treatment.
Indicators | Latvia | Australia |
---|---|---|
Pair of Nike Running Shoes | 100 EUR (111.21 USD) | 150 AUD (95.91 USD) |
Men's Shirt | 40 EUR (44.48 USD) | 50 AUD (31.97 USD) |
Women's Dress | 70 EUR (77.85 USD) | 120 AUD (76.73 USD) |
Summer Dress | 50 EUR (55.61 USD) | 80 AUD (51.15 USD) |
Men's Suit | 300 EUR (333.63 USD) | 300 AUD (191.82 USD) |
Men's Jeans | 60 EUR (66.73 USD) | 100 AUD (63.94 USD) |
Women's Jeans | 60 EUR (66.73 USD) | 80 AUD (51.15 USD) |
Men's Formal Shoes | 120 EUR (133.45 USD) | 150 AUD (95.91 USD) |
Women's Formal Shoes | 100 EUR (111.21 USD) | 150 AUD (95.91 USD) |
Men's Casual Shoes | 80 EUR (88.97 USD) | 120 AUD (76.73 USD) |
Women's Casual Shoes | 50 EUR (55.61 USD) | 90 AUD (57.55 USD) |
Underwear For Men | 10 EUR (11.12 USD) | 20 AUD (12.79 USD) |
Underwear For Women | 12 EUR (13.35 USD) | 25 AUD (15.98 USD) |
Socks For Men | 5 EUR (5.56 USD) | 10 AUD (6.39 USD) |
Socks For Women | 6 EUR (6.67 USD) | 10 AUD (6.39 USD) |
Wintercoat for Adults | 100 EUR (111.21 USD) | 200 AUD (127.88 USD) |
Sportswear | 60 EUR (66.73 USD) | 70 AUD (44.76 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.23 times more for Clothing and Footwear for Adults.
Indicators | Latvia | Australia |
---|---|---|
Children's Jeans | 30 EUR (33.36 USD) | 40 AUD (25.58 USD) |
Children's Normal Sneakers | 40 EUR (44.48 USD) | 50 AUD (31.97 USD) |
Children's Winter Coat | 60 EUR (66.73 USD) | 100 AUD (63.94 USD) |
Daycare for Infant | 400 EUR (444.84 USD) | 1,200 AUD (767.28 USD) |
Daycare for Toddler | 350 EUR (389.24 USD) | 1,000 AUD (639.40 USD) |
Childcare for Sick Days | 20 EUR (22.24 USD) | 100 AUD (63.94 USD) |
Early Childhood Education Programs | 300 EUR (333.63 USD) | 1,000 AUD (639.40 USD) |
Extra Curricular Activities | 60 EUR (66.73 USD) | 300 AUD (191.82 USD) |
Summer Camp for Kids | 200 EUR (222.42 USD) | 500 AUD (319.70 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.69 times less for Childcare and kids clothing.
Indicators | Latvia | Australia |
---|---|---|
PreSchool Fees | 450 EUR (500.45 USD) | 800 AUD (511.52 USD) |
Primary School Fees | 800 EUR (889.68 USD) | 1,000 AUD (639.40 USD) |
Secondary School Fees | 1,200 EUR (1,334.52 USD) | 1,500 AUD (959.10 USD) |
Private School Fees | 2,000 EUR (2,224.20 USD) | 20,000 AUD (12,788 USD) |
University Tuition Fees | 3,000 EUR (3,336.30 USD) | 30,000 AUD (19,182 USD) |
University Private Tuition Fees | 4,500 EUR (5,004.45 USD) | 40,000 AUD (25,576 USD) |
After School Activities | 100 EUR (111.21 USD) | 200 AUD (127.88 USD) |
Special Education Services | 200 EUR (222.42 USD) | 800 AUD (511.52 USD) |
Tutoring | 25 EUR (27.80 USD) | 50 AUD (31.97 USD) |
Textbooks Cost | 50 EUR (55.61 USD) | 300 AUD (191.82 USD) |
School Supplies | 30 EUR (33.36 USD) | 100 AUD (63.94 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 4.41 times less for school and education.
Indicators | Latvia | Australia |
---|---|---|
Movie Ticket (Single) | 7 EUR (7.78 USD) | 20 AUD (12.79 USD) |
Theater Ticket (Single) | 15 EUR (16.68 USD) | 50 AUD (31.97 USD) |
Concert Ticket (Single) | 20 EUR (22.24 USD) | 100 AUD (63.94 USD) |
Sports Event Ticket (Single) | 18 EUR (20.02 USD) | 60 AUD (38.36 USD) |
Gym Membership | 30 EUR (33.36 USD) | 70 AUD (44.76 USD) |
Swimming Pool Access | 15 EUR (16.68 USD) | 10 AUD (6.39 USD) |
Museum Entry Ticket | 5 EUR (5.56 USD) | 20 AUD (12.79 USD) |
Zoo Entry Ticket | 10 EUR (11.12 USD) | 30 AUD (19.18 USD) |
Amusement Park Entry Ticket | 15 EUR (16.68 USD) | 80 AUD (51.15 USD) |
Bowling | 10 EUR (11.12 USD) | 20 AUD (12.79 USD) |
Mini Golf | 8 EUR (8.90 USD) | 15 AUD (9.59 USD) |
Video Games | 60 EUR (66.73 USD) | 80 AUD (51.15 USD) |
Streaming Services | 15 EUR (16.68 USD) | 15 AUD (9.59 USD) |
Outdoor Equipment Rental | 20 EUR (22.24 USD) | 30 AUD (19.18 USD) |
Theme Park Annual Pass | 150 EUR (166.82 USD) | 250 AUD (159.85 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.23 times less for entertainment, recreation and fun activities.
Indicators | Latvia | Australia |
---|---|---|
Language Classes | 150 EUR (166.82 USD) | 400 AUD (255.76 USD) |
Parenting Classes | 60 EUR (66.73 USD) | 150 AUD (95.91 USD) |
Art Classes | 20 EUR (22.24 USD) | 30 AUD (19.18 USD) |
Fitness Classes | 15 EUR (16.68 USD) | 20 AUD (12.79 USD) |
Music Lessons | 25 EUR (27.80 USD) | 50 AUD (31.97 USD) |
Dance Lessons | 30 EUR (33.36 USD) | 40 AUD (25.58 USD) |
Reading Materials for Classes | 10 EUR (11.12 USD) | 15 AUD (9.59 USD) |
Educational Software | 80 EUR (88.97 USD) | 200 AUD (127.88 USD) |
If you lived in Latvia, instead of Australia, you would have to pay 1.33 times less for Private Classes.
Indicators | Latvia | Australia |
---|---|---|
Average Gross Monthly Salary | 1,500 EUR (1,668.15 USD) | 6,000 AUD (3,836.40 USD) |
Average Net Monthly Salary | 1,100 EUR (1,223.31 USD) | 4,800 AUD (3,069.12 USD) |
Minimum Wages | 20 EUR per hour (22.24 USD) | 66.67 AUD per hour (42.63 USD) |
Average Bonus | 500 EUR (556.05 USD) | 2,000 AUD (1,278.80 USD) |
Income Tax Rate | 0 to 21 % | 0 to 10 % |
Social Security Contributions | 10 % | 9.5 % |
Pension Contributions | 5 % | 9.5 % |
Cost of Living Index | 50 | 70 |
Median Household Income | 2,000 EUR (2,224.20 USD) | 8,000 AUD (5,115.20 USD) |
If you lived in Latvia, you would earn 2.34 times less salary as compared to Australia.
Indicators | Latvia | Australia |
---|---|---|
Legal Consultation Per Hour Rate | 60 EUR (66.73 USD) | 300 AUD (191.82 USD) |
Accounting Services Per Hour Rate | 50 EUR (55.61 USD) | 150 AUD (95.91 USD) |
IT Support Services Per Hour Rate | 40 EUR (44.48 USD) | 100 AUD (63.94 USD) |
Technician Services Per Hour Rate | 50 EUR (55.61 USD) | 80 AUD (51.15 USD) |
Professional Services cost 1.81 times less in Latvia, as compared to Australia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Latvia and Australia.
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