Cost of living comparison
Latvia is 15.7% cheaper than Madrid.
- Restaurants
-
pay 39.2% less in Latvia
- Groceries
-
pay 17.4% less in Latvia
- Transportation
-
pay 19.0% less in Latvia
- Housing
-
pay 33.2% less in Latvia
- Childcare
-
pay 4.1% more in Latvia
- Entertainment and Sports
-
pay 1.8% less in Latvia
- Clothing
-
pay 3.5% less in Latvia
Expenses including restaurants, housing, transportation, groceries, clothing, and entertainment and sports are lower in Latvia.
If you lived in Latvia instead of Madrid, you would:
pay 39.2% less for restaurants
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.78
|
$10.23
€9.40
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.86
|
$7.08
€6.51
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.56
|
$1.37
€1.26
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.66
|
$1.17
€1.07
|
|
pay 17.4% less for groceries
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.38
|
$1.36
€1.25
|
|
| Local cheese (8 oz) |
$6.92
€6.37
|
$5.17
€4.76
|
|
| Milk (1 gallon) |
$4.41
€4.05
|
$4.66
€4.28
|
|
|
Eggs
1 dozen
|
$3.05
€2.81
|
$2.72
€2.50
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.48
|
$3.05
€2.81
|
|
| Apples (1 lb) |
$1.13
€1.03
|
$0.58
€0.54
|
|
| Bananas (1 lb) |
$0.87
€0.80
|
$0.77
€0.71
|
|
| Oranges (1 lb) |
$1.01
€0.92
|
$1.04
€0.96
|
|
| Tomatoes (1 lb) |
$1.05
€0.96
|
$1.39
€1.28
|
|
| Potatoes (1 lb) |
$0.83
€0.77
|
$0.38
€0.35
|
|
| Onions (1 lb) |
$0.82
€0.75
|
$0.37
€0.34
|
|
pay 19.0% less for transportation
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.24
|
$6.76
€6.21
|
|
| Monthly public transit pass |
$42.87
€39.42
|
$39.41
€36.24
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€32,883.71
|
$25,606.21
€23,547.03
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.70
|
$9.07
€8.34
|
|
pay 33.2% less for housing
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€29.29
|
$17.22
€15.84
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,350.77
|
$467.65
€430.04
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€988.29
|
$322.68
€296.73
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€119.57
|
$196.83
€181.00
|
|
pay 4.1% more for childcare
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€521.93
|
$427.69
€393.30
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,259.71
|
$13,383.30
€12,307.05
|
|
pay 1.8% less for entertainment and sports
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.45
|
$3.87
€3.56
|
|
| Cappuccino in mid-range area |
$2.59
€2.38
|
$3.06
€2.82
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.91
|
$4.95
€4.55
|
|
| Monthly membership at local gym |
$43.11
€39.65
|
$42.71
€39.27
|
|
| Movie ticket to theater/cinema |
$10.72
€9.86
|
$10.00
€9.20
|
|
pay 3.5% less for clothing
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€83.22
|
$76.51
€70.35
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€34.22
|
$43.17
€39.70
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€90.01
|
$84.42
€77.63
|
|
| Men's business shoes (leather) |
$121.40
€111.64
|
$120.68
€110.97
|
|
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