Cost of living comparison
Riga is 2.7 times more expensive than Caracas.
- Restaurants
-
pay 21.6% less in Riga
- Groceries
-
pay 8.1% less in Riga
- Transportation
-
pay 49.9% more in Riga
- Housing
-
pay 8.4 times more in Riga
- Childcare
-
pay 4.2 times more in Riga
- Entertainment and Sports
-
pay 70.1% more in Riga
- Clothing
-
pay 16.1% more in Riga
The cost of housing, childcare, entertainment and sports, transportation, and clothing in Riga are more expensive than in Caracas. Expenses including restaurants and groceries are lower in Riga. Notably, housing and childcare are significantly more expensive in Riga.
If you lived in Riga instead of Caracas, you would:
pay 21.6% less for restaurants
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$10.72
€9.43
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$8.33
€7.33
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$1.44
€1.26
|
|
| Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$1.19
€1.04
|
|
pay 8.1% less for groceries
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
VEF21.64
|
$1.56
€1.38
|
|
| Local cheese (8 oz) |
$4.87
VEF48.61
|
$5.73
€5.04
|
|
| Milk (1 gallon) |
$7.73
VEF77.06
|
$4.85
€4.26
|
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$2.86
€2.51
|
|
| Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$3.19
€2.80
|
|
| Apples (1 lb) |
$2.55
VEF25.43
|
$0.67
€0.59
|
|
| Bananas (1 lb) |
$0.66
VEF6.56
|
$0.84
€0.73
|
|
| Oranges (1 lb) |
$0.90
VEF8.97
|
$1.07
€0.94
|
|
| Tomatoes (1 lb) |
$0.75
VEF7.51
|
$1.52
€1.34
|
|
| Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.42
€0.37
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.44
€0.38
|
|
pay 49.9% more for transportation
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.77
€5.95
|
|
| Monthly public transit pass |
$30.00
VEF299.24
|
$32.15
€28.28
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$28,026.61
€24,650.04
|
|
| Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$11.25
€9.90
|
|
pay 8.4 times more for housing
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$17.68
€15.55
|
|
| 1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$536.44
€471.81
|
|
| 1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$367.73
€323.42
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$244.58
€215.12
|
|
pay 4.2 times more for childcare
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$538.03
€473.21
|
|
| Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$13,487.73
€11,862.77
|
|
pay 70.1% more for entertainment and sports
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$4.82
€4.24
|
|
| Cappuccino in mid-range area |
$2.72
VEF27.12
|
$3.39
€2.98
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$5.25
€4.62
|
|
| Monthly membership at local gym |
$71.88
VEF716.92
|
$46.01
€40.47
|
|
| Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$10.72
€9.43
|
|
pay 16.1% more for clothing
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$81.84
€71.98
|
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$43.77
€38.50
|
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$92.38
€81.25
|
|
| Men's business shoes (leather) |
$83.33
VEF831.21
|
$121.02
€106.44
|
|
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