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
€14.29
|
$10.23
€9.09
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.53
|
$7.08
€6.29
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.48
|
$1.37
€1.21
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.60
|
$1.17
€1.04
|
|
pay 17.4% less for groceries
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.33
|
$1.36
€1.21
|
|
| Local cheese (8 oz) |
$6.92
€6.15
|
$5.17
€4.60
|
|
| Milk (1 gallon) |
$4.41
€3.92
|
$4.66
€4.14
|
|
|
Eggs
1 dozen
|
$3.05
€2.71
|
$2.72
€2.42
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.36
|
$3.05
€2.71
|
|
| Apples (1 lb) |
$1.13
€1.00
|
$0.58
€0.52
|
|
| Bananas (1 lb) |
$0.87
€0.77
|
$0.77
€0.68
|
|
| Oranges (1 lb) |
$1.01
€0.89
|
$1.04
€0.93
|
|
| Tomatoes (1 lb) |
$1.05
€0.93
|
$1.39
€1.24
|
|
| Potatoes (1 lb) |
$0.83
€0.74
|
$0.38
€0.34
|
|
| Onions (1 lb) |
$0.82
€0.73
|
$0.37
€0.33
|
|
pay 19.0% less for transportation
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.03
|
$6.76
€6.00
|
|
| Monthly public transit pass |
$42.87
€38.11
|
$39.41
€35.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€31,784.72
|
$25,606.21
€22,760.08
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.24
|
$9.07
€8.06
|
|
pay 33.2% less for housing
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€28.31
|
$17.22
€15.31
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,305.63
|
$467.65
€415.67
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€955.26
|
$322.68
€286.81
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€115.58
|
$196.83
€174.95
|
|
pay 4.1% more for childcare
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€504.48
|
$427.69
€380.15
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€8,950.25
|
$13,383.30
€11,895.74
|
|
pay 1.8% less for entertainment and sports
|
Madrid
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.33
|
$3.87
€3.44
|
|
| Cappuccino in mid-range area |
$2.59
€2.30
|
$3.06
€2.72
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.72
|
$4.95
€4.40
|
|
| Monthly membership at local gym |
$43.11
€38.32
|
$42.71
€37.96
|
|
| Movie ticket to theater/cinema |
$10.72
€9.53
|
$10.00
€8.89
|
|
pay 3.5% less for clothing
|
Madrid
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€80.44
|
$76.51
€68.00
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€33.08
|
$43.17
€38.37
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€87.00
|
$84.42
€75.03
|
|
| Men's business shoes (leather) |
$121.40
€107.90
|
$120.68
€107.26
|
|
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