Published: Monday, 21th October 2024
The cost of living in Latvia is 1.07 times more expensive as compared to North Korea.
On this page, you will find side-by-side cost comparison between Latvia and North Korea. 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 North Korea.
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Indicators | Latvia | North Korea |
---|---|---|
1 BHK Apartment in City Center | 800 EUR (889.68 USD) | 529,339 KPW (582.27 USD) |
2 BHK Apartment in City Center | 1,200 EUR (1,334.52 USD) | 993,638 KPW (1,093 USD) |
3 BHK Apartment in City Center | 1,800 EUR (2,001.78 USD) | 1,657,730 KPW (1,823.50 USD) |
1 BHK Apartment outside City Center | 600 EUR (667.26 USD) | 331,467 KPW (364.61 USD) |
2 BHK Apartment outside City Center | 900 EUR (1,000.89 USD) | 662,934 KPW (729.23 USD) |
3 BHK Apartment outside City Center | 1,200 EUR (1,334.52 USD) | 993,638 KPW (1,093 USD) |
Mortgage Rates Per Month | 3 % | 4.2 % |
Realtor Commission | 2 % | 1.3 % |
Property Taxes | 0.2 to 0.6 % | Yet to Update |
The average housing cost in Latvia is 1.28 times more expensive than North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Basic Home Furnishing | 2,000 EUR (2,224.20 USD) | 1,325,319 KPW (1,457.85 USD) |
Electricity Cost Per Month | 100 EUR (111.21 USD) | 33,114 KPW (36.43 USD) |
Heating Cost Per Month | 150 EUR (166.82 USD) | 46,340 KPW (50.97 USD) |
Cooling Cost Per Month | 80 EUR (88.97 USD) | 26,482 KPW (29.13 USD) |
Water Supply Cost Per Month | 50 EUR (55.61 USD) | 13,237 KPW (14.56 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 66.58% more for Utilities.
The basic home furnishing in Latvia costs 1.53 times more compared to North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Standard Wifi Cost Per Month | 30 EUR (33.36 USD) | 19,878 KPW (21.87 USD) |
Mobile Phone Basic Plan Cost Per Month | 20 EUR (22.24 USD) | 19,878 KPW (21.87 USD) |
Landline Basic Plan Cost Per Month | 15 EUR (16.68 USD) | 6,618 KPW (7.28 USD) |
Cable TV Basic Plan Cost Per Month | 40 EUR (44.48 USD) | 13,237 KPW (14.56 USD) |
The internet and communication costs 78.08% more in Latvia compared to North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Long Grain Rice (1 KG) | 2.50 EUR (2.78 USD) | 2,651 KPW (2.92 USD) |
Milk (1 Liter) | 1.10 EUR (1.22 USD) | 1,324 KPW (1.46 USD) |
Water (1 Liter) | 0.70 EUR (0.78 USD) | 662 KPW (0.73 USD) |
Bread (500 gm) | 1.50 EUR (1.67 USD) | 1,656 KPW (1.82 USD) |
Eggs (1 Dozen) | 2 EUR (2.22 USD) | 1,989 KPW (2.19 USD) |
Cheese (1 KG) | 5 EUR (5.56 USD) | 5,304 KPW (5.83 USD) |
Chicken Breast (1 KG) | 7 EUR (7.78 USD) | 6,621 KPW (7.28 USD) |
In Latvia, the cost of 1 Liter Water and 1 Liter Milk is 1.09 times less expensive than the cost in North Korea.
If you lived in Latvia, instead of North Korea, you would have to pay 0.94% less for Groceries.
Indicators | Latvia | North Korea |
---|---|---|
Apples (1 KG) | 2 EUR (2.22 USD) | 3,307 KPW (3.64 USD) |
Bananas (1 KG) | 2.50 EUR (2.78 USD) | 1,989 KPW (2.19 USD) |
Oranges (1 KG) | 3 EUR (3.34 USD) | 2,651 KPW (2.92 USD) |
Tomatoes (1 KG) | 2.50 EUR (2.78 USD) | 2,322 KPW (2.55 USD) |
Potatoes (1 KG) | 1.50 EUR (1.67 USD) | 1,656 KPW (1.82 USD) |
Lemons (1 KG) | 3 EUR (3.34 USD) | 3,307 KPW (3.64 USD) |
Onions (1 KG) | 2 EUR (2.22 USD) | 1,989 KPW (2.19 USD) |
Lentils (1 KG) | 2.50 EUR (2.78 USD) | 3,975 KPW (4.37 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.10 times less for Fruits and Vegetables.
Indicators | Latvia | North Korea |
---|---|---|
Meal at a Resonable Restaurant | 10 EUR (11.12 USD) | 7,944 KPW (8.74 USD) |
Three-Course Meal for Two | 30 EUR (33.36 USD) | 33,151 KPW (36.47 USD) |
Fast Food Combo Meal | 6 EUR (6.67 USD) | 5,307 KPW (5.84 USD) |
Normal Coffee | 2 EUR (2.22 USD) | 2,651 KPW (2.92 USD) |
Soft Drink | 1.50 EUR (1.67 USD) | 1,657 KPW (1.82 USD) |
Pizza for One | 10 EUR (11.12 USD) | 13,237 KPW (14.56 USD) |
Take-Out Delivery Meal | 8 EUR (8.90 USD) | 7,944 KPW (8.74 USD) |
Cigarette Pack of 20 | 5 EUR (5.56 USD) | 3,307 KPW (3.64 USD) |
Dining-Out costs 2.53% less in Latvia compared to North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Wine Mid-Range Bottle | 8 EUR (8.90 USD) | 19,878 KPW (21.87 USD) |
Glass of Wine | 6 EUR (6.67 USD) | 6,621 KPW (7.28 USD) |
Domestic Beer Half Liter | 2 EUR (2.22 USD) | 1,989 KPW (2.19 USD) |
Imported Beer Half Liter | 3 EUR (3.34 USD) | 2,651 KPW (2.92 USD) |
Domestic Alcohol 1 Liter | 8 EUR (8.90 USD) | 9,926 KPW (10.92 USD) |
Branded Alcohol 1 Liter | 12 EUR (13.35 USD) | 19,878 KPW (21.87 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.55 times less for usual hard drinks.
Indicators | Latvia | North Korea |
---|---|---|
Monthly Public Transportation Pass | 30 EUR (33.36 USD) | 39,869 KPW (43.86 USD) |
Single Public Transportation Ticket | 1.50 EUR (1.67 USD) | 796 KPW (0.88 USD) |
Single Train Ticket | 10 EUR (11.12 USD) | 46,328 KPW (50.96 USD) |
Domestic Airplane Ticket | 150 EUR (166.82 USD) | 132,532 KPW (145.79 USD) |
Taxi Start Fare | 2 EUR (2.22 USD) | 1,988 KPW (2.19 USD) |
Taxi Rate Per Kilometer | 1 EUR (1.11 USD) | 662 KPW (0.73 USD) |
Car Rental Per Day | 40 EUR (44.48 USD) | 46,328 KPW (50.96 USD) |
Parking Fees in City Center Per Hour | 2 EUR (2.22 USD) | 1,988 KPW (2.19 USD) |
Parking Fees outside City Center Per Hour | 1 EUR (1.11 USD) | 994 KPW (1.09 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.13 times less for transportation.
Indicators | Latvia | North Korea |
---|---|---|
Reasonable Vehicle Purchase Cost | 15,000 EUR (16,681.50 USD) | 19,858,740 KPW (21,844.61 USD) |
Vehicle Registration Cost | 100 EUR (111.21 USD) | 132,532 KPW (145.79 USD) |
Driving License Fees | 50 EUR (55.61 USD) | 33,114 KPW (36.43 USD) |
Car Insurance Cost | 400 EUR (444.84 USD) | 330,531 KPW (363.58 USD) |
Car Maintenance Cost | 150 EUR (166.82 USD) | 99,396 KPW (109.34 USD) |
Car Loan Interest Rates | 3.5 % | 4.2 % |
Fuel Per Liter | 1.50 EUR (1.67 USD) | 993 KPW (1.09 USD) |
Fuel Per Gallon | 5.50 EUR (6.12 USD) | 3,969 KPW (4.37 USD) |
Average Toll Fees | 5 EUR 5.56 USD | 3,308 KPW 3.64 USD |
You would have to pay 1.29 times less for Vehicle purchase, daily operation and maintenance in Latvia compared to that of North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Doctor Visit | 30 EUR (33.36 USD) | 46,328 KPW (50.96 USD) |
Specialist Visit | 50 EUR (55.61 USD) | 99,396 KPW (109.34 USD) |
Dentist Visit | 40 EUR (44.48 USD) | 52,953 KPW (58.25 USD) |
Eye Exam | 25 EUR (27.80 USD) | 39,869 KPW (43.86 USD) |
Mental Health Counseling | 50 EUR (55.61 USD) | 66,832 KPW (73.52 USD) |
Preventive Health Screening | 30 EUR (33.36 USD) | 52,953 KPW (58.25 USD) |
Physical Therapy | 40 EUR (44.48 USD) | 46,328 KPW (50.96 USD) |
Emergency Room Visit | 60 EUR (66.73 USD) | 99,396 KPW (109.34 USD) |
Hospital Stay Per Night | 100 EUR (111.21 USD) | 132,532 KPW (145.79 USD) |
Vaccinations | 20 EUR (22.24 USD) | 19,878 KPW (21.87 USD) |
Prescription Medication | 10 EUR (11.12 USD) | 13,237 KPW (14.56 USD) |
Over the Counter Medication | 5 EUR (5.56 USD) | 6,618 KPW (7.28 USD) |
Health Insurance Premiums | 80 EUR (88.97 USD) | 99,396 KPW (109.34 USD) |
Health Insurance Deductibles | 30 EUR (33.36 USD) | 19,878 KPW (21.87 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.38 times less for Health and Medical Treatment.
Indicators | Latvia | North Korea |
---|---|---|
Cosmetic Procedures | 100 EUR (111.21 USD) | 331,391 KPW (364.53 USD) |
Spa Treatment | 50 EUR (55.61 USD) | 99,396 KPW (109.34 USD) |
Manicure Pedicure Cost | 20 EUR (22.24 USD) | 33,114 KPW (36.43 USD) |
Optical Glasses Cost | 100 EUR (111.21 USD) | 99,396 KPW (109.34 USD) |
Contact Lenses Cost | 50 EUR (55.61 USD) | 66,832 KPW (73.52 USD) |
Haircuts | 15 EUR (16.68 USD) | 13,237 KPW (14.56 USD) |
Hair Coloring | 50 EUR (55.61 USD) | 52,953 KPW (58.25 USD) |
Shampoo Price | 2 EUR (2.22 USD) | 2,651 KPW (2.92 USD) |
Toothpaste Price | 1 EUR (1.11 USD) | 1,324 KPW (1.46 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.79 times less for Personal Care Items and Treatment.
Indicators | Latvia | North Korea |
---|---|---|
Pair of Nike Running Shoes | 100 EUR (111.21 USD) | 66,832 KPW (73.52 USD) |
Men's Shirt | 40 EUR (44.48 USD) | 26,482 KPW (29.13 USD) |
Women's Dress | 70 EUR (77.85 USD) | 52,953 KPW (58.25 USD) |
Summer Dress | 50 EUR (55.61 USD) | 26,482 KPW (29.13 USD) |
Men's Suit | 300 EUR (333.63 USD) | 331,391 KPW (364.53 USD) |
Men's Jeans | 60 EUR (66.73 USD) | 39,869 KPW (43.86 USD) |
Women's Jeans | 60 EUR (66.73 USD) | 33,114 KPW (36.43 USD) |
Men's Formal Shoes | 120 EUR (133.45 USD) | 79,422 KPW (87.36 USD) |
Women's Formal Shoes | 100 EUR (111.21 USD) | 66,832 KPW (73.52 USD) |
Men's Casual Shoes | 80 EUR (88.97 USD) | 52,953 KPW (58.25 USD) |
Women's Casual Shoes | 50 EUR (55.61 USD) | 39,869 KPW (43.86 USD) |
Underwear For Men | 10 EUR (11.12 USD) | 6,618 KPW (7.28 USD) |
Underwear For Women | 12 EUR (13.35 USD) | 6,618 KPW (7.28 USD) |
Socks For Men | 5 EUR (5.56 USD) | 3,309 KPW (3.64 USD) |
Socks For Women | 6 EUR (6.67 USD) | 3,309 KPW (3.64 USD) |
Wintercoat for Adults | 100 EUR (111.21 USD) | 66,832 KPW (73.52 USD) |
Sportswear | 60 EUR (66.73 USD) | 33,114 KPW (36.43 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.32 times more for Clothing and Footwear for Adults.
Indicators | Latvia | North Korea |
---|---|---|
Children's Jeans | 30 EUR (33.36 USD) | 19,878 KPW (21.87 USD) |
Children's Normal Sneakers | 40 EUR (44.48 USD) | 26,482 KPW (29.13 USD) |
Children's Winter Coat | 60 EUR (66.73 USD) | 39,869 KPW (43.86 USD) |
Daycare for Infant | 400 EUR (444.84 USD) | 198,792 KPW (218.67 USD) |
Daycare for Toddler | 350 EUR (389.24 USD) | 165,659 KPW (182.22 USD) |
Childcare for Sick Days | 20 EUR (22.24 USD) | 33,114 KPW (36.43 USD) |
Early Childhood Education Programs | 300 EUR (333.63 USD) | 331,391 KPW (364.53 USD) |
Extra Curricular Activities | 60 EUR (66.73 USD) | 66,832 KPW (73.52 USD) |
Summer Camp for Kids | 200 EUR (222.42 USD) | 132,532 KPW (145.79 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.45 times more for Childcare and kids clothing.
Indicators | Latvia | North Korea |
---|---|---|
PreSchool Fees | 450 EUR (500.45 USD) | 132,532 KPW (145.79 USD) |
Primary School Fees | 800 EUR (889.68 USD) | 331,391 KPW (364.53 USD) |
Secondary School Fees | 1,200 EUR (1,334.52 USD) | 463,147 KPW (509.46 USD) |
Private School Fees | 2,000 EUR (2,224.20 USD) | 662,934 KPW (729.23 USD) |
University Tuition Fees | 3,000 EUR (3,336.30 USD) | 1,325,319 KPW (1,457.85 USD) |
University Private Tuition Fees | 4,500 EUR (5,004.45 USD) | 2,650,637 KPW (2,915.70 USD) |
After School Activities | 100 EUR (111.21 USD) | 66,832 KPW (73.52 USD) |
Special Education Services | 200 EUR (222.42 USD) | 198,792 KPW (218.67 USD) |
Tutoring | 25 EUR (27.80 USD) | 33,114 KPW (36.43 USD) |
Textbooks Cost | 50 EUR (55.61 USD) | 66,832 KPW (73.52 USD) |
School Supplies | 30 EUR (33.36 USD) | 19,878 KPW (21.87 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 2.10 times more for school and education.
Indicators | Latvia | North Korea |
---|---|---|
Movie Ticket (Single) | 7 EUR (7.78 USD) | 7,944 KPW (8.74 USD) |
Theater Ticket (Single) | 15 EUR (16.68 USD) | 19,878 KPW (21.87 USD) |
Concert Ticket (Single) | 20 EUR (22.24 USD) | 46,328 KPW (50.96 USD) |
Sports Event Ticket (Single) | 18 EUR (20.02 USD) | 33,114 KPW (36.43 USD) |
Gym Membership | 30 EUR (33.36 USD) | 52,953 KPW (58.25 USD) |
Swimming Pool Access | 15 EUR (16.68 USD) | 19,878 KPW (21.87 USD) |
Museum Entry Ticket | 5 EUR (5.56 USD) | 3,309 KPW (3.64 USD) |
Zoo Entry Ticket | 10 EUR (11.12 USD) | 6,618 KPW (7.28 USD) |
Amusement Park Entry Ticket | 15 EUR (16.68 USD) | 13,237 KPW (14.56 USD) |
Bowling | 10 EUR (11.12 USD) | 6,618 KPW (7.28 USD) |
Mini Golf | 8 EUR (8.90 USD) | 9,869 KPW (10.86 USD) |
Video Games | 60 EUR (66.73 USD) | 19,878 KPW (21.87 USD) |
Streaming Services | 15 EUR (16.68 USD) | 13,237 KPW (14.56 USD) |
Outdoor Equipment Rental | 20 EUR (22.24 USD) | 6,618 KPW (7.28 USD) |
Theme Park Annual Pass | 150 EUR (166.82 USD) | 99,396 KPW (109.34 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.12 times more for entertainment, recreation and fun activities.
Indicators | Latvia | North Korea |
---|---|---|
Language Classes | 150 EUR (166.82 USD) | 132,532 KPW (145.79 USD) |
Parenting Classes | 60 EUR (66.73 USD) | 99,396 KPW (109.34 USD) |
Art Classes | 20 EUR (22.24 USD) | 16,561 KPW (18.22 USD) |
Fitness Classes | 15 EUR (16.68 USD) | 13,237 KPW (14.56 USD) |
Music Lessons | 25 EUR (27.80 USD) | 26,482 KPW (29.13 USD) |
Dance Lessons | 30 EUR (33.36 USD) | 19,878 KPW (21.87 USD) |
Reading Materials for Classes | 10 EUR (11.12 USD) | 6,618 KPW (7.28 USD) |
Educational Software | 80 EUR (88.97 USD) | 66,832 KPW (73.52 USD) |
If you lived in Latvia, instead of North Korea, you would have to pay 1.03 times more for Private Classes.
Indicators | Latvia | North Korea |
---|---|---|
Average Gross Monthly Salary | 1,500 EUR (1,668.15 USD) | 1,989,807 KPW (2,188.79 USD) |
Average Net Monthly Salary | 1,100 EUR (1,223.31 USD) | 1,593,462 KPW (1,752.81 USD) |
Minimum Wages | 20 EUR per hour (22.24 USD) | 55,192.63 KPW per hour (60.71 USD) |
Average Bonus | 500 EUR (556.05 USD) | 331,391 KPW (364.53 USD) |
Income Tax Rate | 0 to 21 % | 0 % |
Social Security Contributions | 10 % | 5 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 50 | 65 |
Median Household Income | 2,000 EUR (2,224.20 USD) | 1,655,779 KPW (1,821.36 USD) |
If you lived in Latvia, you would earn 1.09 times less salary as compared to North Korea.
Indicators | Latvia | North Korea |
---|---|---|
Legal Consultation Per Hour Rate | 60 EUR (66.73 USD) | 66,832 KPW (73.52 USD) |
Accounting Services Per Hour Rate | 50 EUR (55.61 USD) | 52,953 KPW (58.25 USD) |
IT Support Services Per Hour Rate | 40 EUR (44.48 USD) | 46,328 KPW (50.96 USD) |
Technician Services Per Hour Rate | 50 EUR (55.61 USD) | 39,869 KPW (43.86 USD) |
Professional Services cost 1.02 times less in Latvia, as compared to North Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Latvia and North Korea.
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