Published: Monday, 21th October 2024
The cost of living in Latvia is 1.66 times less expensive as compared to New Zealand.
On this page, you will find side-by-side cost comparison between Latvia and New Zealand. 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 New Zealand.
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Indicators | Latvia | New Zealand |
---|---|---|
1 BHK Apartment in City Center | 800 EUR (889.68 USD) | 2,200 NZD (1,287.22 USD) |
2 BHK Apartment in City Center | 1,200 EUR (1,334.52 USD) | 3,200 NZD (1,872.32 USD) |
3 BHK Apartment in City Center | 1,800 EUR (2,001.78 USD) | 4,200 NZD (2,457.42 USD) |
1 BHK Apartment outside City Center | 600 EUR (667.26 USD) | 1,400 NZD (819.14 USD) |
2 BHK Apartment outside City Center | 900 EUR (1,000.89 USD) | 2,100 NZD (1,228.71 USD) |
3 BHK Apartment outside City Center | 1,200 EUR (1,334.52 USD) | 2,800 NZD (1,638.28 USD) |
Mortgage Rates Per Month | 3 % | 1.9 % |
Realtor Commission | 2 % | 2 % |
Property Taxes | 0.2 to 0.6 % | 0.4 to 1.5 % |
The average housing cost in Latvia is 1.30 times less expensive than New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Basic Home Furnishing | 2,000 EUR (2,224.20 USD) | 18,000 NZD (10,531.80 USD) |
Electricity Cost Per Month | 100 EUR (111.21 USD) | 250 NZD (146.27 USD) |
Heating Cost Per Month | 150 EUR (166.82 USD) | 200 NZD (117.02 USD) |
Cooling Cost Per Month | 80 EUR (88.97 USD) | 150 NZD (87.76 USD) |
Water Supply Cost Per Month | 50 EUR (55.61 USD) | 120 NZD (70.21 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 75.84% less for Utilities.
The basic home furnishing in Latvia costs 4.74 times less compared to New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Standard Wifi Cost Per Month | 30 EUR (33.36 USD) | 200 NZD (117.02 USD) |
Mobile Phone Basic Plan Cost Per Month | 20 EUR (22.24 USD) | 120 NZD (70.21 USD) |
Landline Basic Plan Cost Per Month | 15 EUR (16.68 USD) | 60 NZD (35.11 USD) |
Cable TV Basic Plan Cost Per Month | 40 EUR (44.48 USD) | 100 NZD (58.51 USD) |
The internet and communication costs 58.42% less in Latvia compared to New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Long Grain Rice (1 KG) | 2.50 EUR (2.78 USD) | 3.20 NZD (1.87 USD) |
Milk (1 Liter) | 1.10 EUR (1.22 USD) | 1.90 NZD (1.11 USD) |
Water (1 Liter) | 0.70 EUR (0.78 USD) | 1 NZD (0.59 USD) |
Bread (500 gm) | 1.50 EUR (1.67 USD) | 2.60 NZD (1.52 USD) |
Eggs (1 Dozen) | 2 EUR (2.22 USD) | 4.50 NZD (2.63 USD) |
Cheese (1 KG) | 5 EUR (5.56 USD) | 10 NZD (5.85 USD) |
Chicken Breast (1 KG) | 7 EUR (7.78 USD) | 15 NZD (8.78 USD) |
In Latvia, the cost of 1 Liter Water and 1 Liter Milk is 1.18 times more expensive than the cost in New Zealand.
If you lived in Latvia, instead of New Zealand, you would have to pay 1.48% less for Groceries.
Indicators | Latvia | New Zealand |
---|---|---|
Apples (1 KG) | 2 EUR (2.22 USD) | 3 NZD (1.76 USD) |
Bananas (1 KG) | 2.50 EUR (2.78 USD) | 2.50 NZD (1.46 USD) |
Oranges (1 KG) | 3 EUR (3.34 USD) | 3 NZD (1.76 USD) |
Tomatoes (1 KG) | 2.50 EUR (2.78 USD) | 3 NZD (1.76 USD) |
Potatoes (1 KG) | 1.50 EUR (1.67 USD) | 2.50 NZD (1.46 USD) |
Lemons (1 KG) | 3 EUR (3.34 USD) | 3 NZD (1.76 USD) |
Onions (1 KG) | 2 EUR (2.22 USD) | 2.50 NZD (1.46 USD) |
Lentils (1 KG) | 2.50 EUR (2.78 USD) | 3.50 NZD (2.05 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.57 times more for Fruits and Vegetables.
Indicators | Latvia | New Zealand |
---|---|---|
Meal at a Resonable Restaurant | 10 EUR (11.12 USD) | 20 NZD (11.70 USD) |
Three-Course Meal for Two | 30 EUR (33.36 USD) | 60 NZD (35.11 USD) |
Fast Food Combo Meal | 6 EUR (6.67 USD) | 12 NZD (7.02 USD) |
Normal Coffee | 2 EUR (2.22 USD) | 4 NZD (2.34 USD) |
Soft Drink | 1.50 EUR (1.67 USD) | 2.50 NZD (1.46 USD) |
Pizza for One | 10 EUR (11.12 USD) | 15 NZD (8.78 USD) |
Take-Out Delivery Meal | 8 EUR (8.90 USD) | 20 NZD (11.70 USD) |
Cigarette Pack of 20 | 5 EUR (5.56 USD) | 10 NZD (5.85 USD) |
Dining-Out costs 3.97% less in Latvia compared to New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Wine Mid-Range Bottle | 8 EUR (8.90 USD) | 12 NZD (7.02 USD) |
Glass of Wine | 6 EUR (6.67 USD) | 6 NZD (3.51 USD) |
Domestic Beer Half Liter | 2 EUR (2.22 USD) | 2.50 NZD (1.46 USD) |
Imported Beer Half Liter | 3 EUR (3.34 USD) | 3 NZD (1.76 USD) |
Domestic Alcohol 1 Liter | 8 EUR (8.90 USD) | 15 NZD (8.78 USD) |
Branded Alcohol 1 Liter | 12 EUR (13.35 USD) | 30 NZD (17.55 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.08 times more for usual hard drinks.
Indicators | Latvia | New Zealand |
---|---|---|
Monthly Public Transportation Pass | 30 EUR (33.36 USD) | 150 NZD (87.76 USD) |
Single Public Transportation Ticket | 1.50 EUR (1.67 USD) | 3.50 NZD (2.05 USD) |
Single Train Ticket | 10 EUR (11.12 USD) | 25 NZD (14.63 USD) |
Domestic Airplane Ticket | 150 EUR (166.82 USD) | 150 NZD (87.76 USD) |
Taxi Start Fare | 2 EUR (2.22 USD) | 4 NZD (2.34 USD) |
Taxi Rate Per Kilometer | 1 EUR (1.11 USD) | 2.50 NZD (1.46 USD) |
Car Rental Per Day | 40 EUR (44.48 USD) | 70 NZD (40.96 USD) |
Parking Fees in City Center Per Hour | 2 EUR (2.22 USD) | 4 NZD (2.34 USD) |
Parking Fees outside City Center Per Hour | 1 EUR (1.11 USD) | 2 NZD (1.17 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.10 times more for transportation.
Indicators | Latvia | New Zealand |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000 EUR (16,681.50 USD) | 30,000 NZD (17,553 USD) |
Vehicle Registration Cost | 100 EUR (111.21 USD) | 300 NZD (175.53 USD) |
Driving License Fees | 50 EUR (55.61 USD) | 80 NZD (46.81 USD) |
Car Insurance Cost | 400 EUR (444.84 USD) | 120 NZD (70.21 USD) |
Car Maintenance Cost | 150 EUR (166.82 USD) | 100 NZD (58.51 USD) |
Car Loan Interest Rates | 3.5 % | 6 % |
Fuel Per Liter | 1.50 EUR (1.67 USD) | 2.30 NZD (1.35 USD) |
Fuel Per Gallon | 5.50 EUR (6.12 USD) | 8.70 NZD (5.09 USD) |
Average Toll Fees | 5 EUR 5.56 USD | Yet to Update |
You would have to pay 1.03 times less for Vehicle purchase, daily operation and maintenance in Latvia compared to that of New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Doctor Visit | 30 EUR (33.36 USD) | 60 NZD (35.11 USD) |
Specialist Visit | 50 EUR (55.61 USD) | 120 NZD (70.21 USD) |
Dentist Visit | 40 EUR (44.48 USD) | 80 NZD (46.81 USD) |
Eye Exam | 25 EUR (27.80 USD) | 40 NZD (23.40 USD) |
Mental Health Counseling | 50 EUR (55.61 USD) | 80 NZD (46.81 USD) |
Preventive Health Screening | 30 EUR (33.36 USD) | 40 NZD (23.40 USD) |
Physical Therapy | 40 EUR (44.48 USD) | 60 NZD (35.11 USD) |
Emergency Room Visit | 60 EUR (66.73 USD) | 300 NZD (175.53 USD) |
Hospital Stay Per Night | 100 EUR (111.21 USD) | 200 NZD (117.02 USD) |
Vaccinations | 20 EUR (22.24 USD) | 30 NZD (17.55 USD) |
Prescription Medication | 10 EUR (11.12 USD) | 25 NZD (14.63 USD) |
Over the Counter Medication | 5 EUR (5.56 USD) | 15 NZD (8.78 USD) |
Health Insurance Premiums | 80 EUR (88.97 USD) | 250 NZD (146.27 USD) |
Health Insurance Deductibles | 30 EUR (33.36 USD) | 60 NZD (35.11 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.26 times less for Health and Medical Treatment.
Indicators | Latvia | New Zealand |
---|---|---|
Cosmetic Procedures | 100 EUR (111.21 USD) | 250 NZD (146.27 USD) |
Spa Treatment | 50 EUR (55.61 USD) | 120 NZD (70.21 USD) |
Manicure Pedicure Cost | 20 EUR (22.24 USD) | 40 NZD (23.40 USD) |
Optical Glasses Cost | 100 EUR (111.21 USD) | 100 NZD (58.51 USD) |
Contact Lenses Cost | 50 EUR (55.61 USD) | 60 NZD (35.11 USD) |
Haircuts | 15 EUR (16.68 USD) | 30 NZD (17.55 USD) |
Hair Coloring | 50 EUR (55.61 USD) | 70 NZD (40.96 USD) |
Shampoo Price | 2 EUR (2.22 USD) | 5 NZD (2.93 USD) |
Toothpaste Price | 1 EUR (1.11 USD) | 3 NZD (1.76 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.09 times more for Personal Care Items and Treatment.
Indicators | Latvia | New Zealand |
---|---|---|
Pair of Nike Running Shoes | 100 EUR (111.21 USD) | 130 NZD (76.06 USD) |
Men's Shirt | 40 EUR (44.48 USD) | 60 NZD (35.11 USD) |
Women's Dress | 70 EUR (77.85 USD) | 90 NZD (52.66 USD) |
Summer Dress | 50 EUR (55.61 USD) | 70 NZD (40.96 USD) |
Men's Suit | 300 EUR (333.63 USD) | 350 NZD (204.78 USD) |
Men's Jeans | 60 EUR (66.73 USD) | 90 NZD (52.66 USD) |
Women's Jeans | 60 EUR (66.73 USD) | 90 NZD (52.66 USD) |
Men's Formal Shoes | 120 EUR (133.45 USD) | 100 NZD (58.51 USD) |
Women's Formal Shoes | 100 EUR (111.21 USD) | 100 NZD (58.51 USD) |
Men's Casual Shoes | 80 EUR (88.97 USD) | 80 NZD (46.81 USD) |
Women's Casual Shoes | 50 EUR (55.61 USD) | 80 NZD (46.81 USD) |
Underwear For Men | 10 EUR (11.12 USD) | 15 NZD (8.78 USD) |
Underwear For Women | 12 EUR (13.35 USD) | 20 NZD (11.70 USD) |
Socks For Men | 5 EUR (5.56 USD) | 5 NZD (2.93 USD) |
Socks For Women | 6 EUR (6.67 USD) | 5 NZD (2.93 USD) |
Wintercoat for Adults | 100 EUR (111.21 USD) | 120 NZD (70.21 USD) |
Sportswear | 60 EUR (66.73 USD) | 80 NZD (46.81 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.57 times more for Clothing and Footwear for Adults.
Indicators | Latvia | New Zealand |
---|---|---|
Children's Jeans | 30 EUR (33.36 USD) | 50 NZD (29.25 USD) |
Children's Normal Sneakers | 40 EUR (44.48 USD) | 60 NZD (35.11 USD) |
Children's Winter Coat | 60 EUR (66.73 USD) | 70 NZD (40.96 USD) |
Daycare for Infant | 400 EUR (444.84 USD) | 1,200 NZD (702.12 USD) |
Daycare for Toddler | 350 EUR (389.24 USD) | 1,000 NZD (585.10 USD) |
Childcare for Sick Days | 20 EUR (22.24 USD) | 100 NZD (58.51 USD) |
Early Childhood Education Programs | 300 EUR (333.63 USD) | 1,000 NZD (585.10 USD) |
Extra Curricular Activities | 60 EUR (66.73 USD) | 300 NZD (175.53 USD) |
Summer Camp for Kids | 200 EUR (222.42 USD) | 1,000 NZD (585.10 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.72 times less for Childcare and kids clothing.
Indicators | Latvia | New Zealand |
---|---|---|
PreSchool Fees | 450 EUR (500.45 USD) | 1,800 NZD (1,053.18 USD) |
Primary School Fees | 800 EUR (889.68 USD) | 5,000 NZD (2,925.50 USD) |
Secondary School Fees | 1,200 EUR (1,334.52 USD) | 6,000 NZD (3,510.60 USD) |
Private School Fees | 2,000 EUR (2,224.20 USD) | 8,000 NZD (4,680.80 USD) |
University Tuition Fees | 3,000 EUR (3,336.30 USD) | 12,000 NZD (7,021.20 USD) |
University Private Tuition Fees | 4,500 EUR (5,004.45 USD) | 18,000 NZD (10,531.80 USD) |
After School Activities | 100 EUR (111.21 USD) | 300 NZD (175.53 USD) |
Special Education Services | 200 EUR (222.42 USD) | 2,000 NZD (1,170.20 USD) |
Tutoring | 25 EUR (27.80 USD) | 150 NZD (87.76 USD) |
Textbooks Cost | 50 EUR (55.61 USD) | 600 NZD (351.06 USD) |
School Supplies | 30 EUR (33.36 USD) | 250 NZD (146.27 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 2.30 times less for school and education.
Indicators | Latvia | New Zealand |
---|---|---|
Movie Ticket (Single) | 7 EUR (7.78 USD) | 15 NZD (8.78 USD) |
Theater Ticket (Single) | 15 EUR (16.68 USD) | 30 NZD (17.55 USD) |
Concert Ticket (Single) | 20 EUR (22.24 USD) | 50 NZD (29.25 USD) |
Sports Event Ticket (Single) | 18 EUR (20.02 USD) | 40 NZD (23.40 USD) |
Gym Membership | 30 EUR (33.36 USD) | 60 NZD (35.11 USD) |
Swimming Pool Access | 15 EUR (16.68 USD) | 40 NZD (23.40 USD) |
Museum Entry Ticket | 5 EUR (5.56 USD) | 15 NZD (8.78 USD) |
Zoo Entry Ticket | 10 EUR (11.12 USD) | 20 NZD (11.70 USD) |
Amusement Park Entry Ticket | 15 EUR (16.68 USD) | 30 NZD (17.55 USD) |
Bowling | 10 EUR (11.12 USD) | 15 NZD (8.78 USD) |
Mini Golf | 8 EUR (8.90 USD) | 15 NZD (8.78 USD) |
Video Games | 60 EUR (66.73 USD) | 60 NZD (35.11 USD) |
Streaming Services | 15 EUR (16.68 USD) | 15 NZD (8.78 USD) |
Outdoor Equipment Rental | 20 EUR (22.24 USD) | 25 NZD (14.63 USD) |
Theme Park Annual Pass | 150 EUR (166.82 USD) | 250 NZD (146.27 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 1.11 times more for entertainment, recreation and fun activities.
Indicators | Latvia | New Zealand |
---|---|---|
Language Classes | 150 EUR (166.82 USD) | 1,200 NZD (702.12 USD) |
Parenting Classes | 60 EUR (66.73 USD) | 200 NZD (117.02 USD) |
Art Classes | 20 EUR (22.24 USD) | 25 NZD (14.63 USD) |
Fitness Classes | 15 EUR (16.68 USD) | 20 NZD (11.70 USD) |
Music Lessons | 25 EUR (27.80 USD) | 40 NZD (23.40 USD) |
Dance Lessons | 30 EUR (33.36 USD) | 40 NZD (23.40 USD) |
Reading Materials for Classes | 10 EUR (11.12 USD) | 15 NZD (8.78 USD) |
Educational Software | 80 EUR (88.97 USD) | 300 NZD (175.53 USD) |
If you lived in Latvia, instead of New Zealand, you would have to pay 2.48 times less for Private Classes.
Indicators | Latvia | New Zealand |
---|---|---|
Average Gross Monthly Salary | 1,500 EUR (1,668.15 USD) | 6,000 NZD (3,510.60 USD) |
Average Net Monthly Salary | 1,100 EUR (1,223.31 USD) | 4,500 NZD (2,632.95 USD) |
Minimum Wages | 20 EUR per hour (22.24 USD) | 100 NZD per hour (58.51 USD) |
Average Bonus | 500 EUR (556.05 USD) | 500 NZD (292.55 USD) |
Income Tax Rate | 0 to 21 % | 0 to 15 % |
Social Security Contributions | 10 % | 10 % |
Pension Contributions | 5 % | 10 % |
Cost of Living Index | 50 | 85 |
Median Household Income | 2,000 EUR (2,224.20 USD) | 5,000 NZD (2,925.50 USD) |
If you lived in Latvia, you would earn 1.65 times less salary as compared to New Zealand.
Indicators | Latvia | New Zealand |
---|---|---|
Legal Consultation Per Hour Rate | 60 EUR (66.73 USD) | 150 NZD (87.76 USD) |
Accounting Services Per Hour Rate | 50 EUR (55.61 USD) | 120 NZD (70.21 USD) |
IT Support Services Per Hour Rate | 40 EUR (44.48 USD) | 100 NZD (58.51 USD) |
Technician Services Per Hour Rate | 50 EUR (55.61 USD) | 80 NZD (46.81 USD) |
Professional Services cost 1.18 times less in Latvia, as compared to New Zealand.
We hope you enjoyed the detailed guide on the cost of living comparsion between Latvia and New Zealand.
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