Cost of living comparison
Latvia is 59.8% cheaper than Monaco overall.
- Restaurants
-
pay 67.9% less in Latvia
- Groceries
-
pay 63.3% less in Latvia
- Transportation
-
pay 23.8% less in Latvia
- Housing
-
pay 76.8% less in Latvia
- Childcare
-
pay 69.5% less in Latvia
- Entertainment and Sports
-
pay 58.6% less in Latvia
- Clothing
-
pay 58.7% less in Latvia
Expenses including housing, childcare, restaurants, groceries, clothing, and entertainment and sports are lower in Latvia.
If you lived in Latvia instead of Monaco, you would:
pay 67.9% less for restaurants
Monaco
|
Latvia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$36.21
€32.04
|
$10.23
€9.05
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.01
|
$7.08
€6.26
|
|
Bottle of Coca-Cola (11 fl. oz) |
$5.61
€4.96
|
$1.37
€1.21
|
|
Bottle of water (11 fl. oz) |
$8.77
€7.76
|
$1.17
€1.03
|
|
pay 63.3% less for groceries
Monaco
|
Latvia
|
||
---|---|---|---|
Bread
1 loaf
|
$5.69
€5.04
|
$1.36
€1.20
|
|
Local cheese (8 oz) |
$11.39
€10.08
|
$5.17
€4.58
|
|
Milk (1 gallon) |
$8.62
€7.63
|
$4.66
€4.12
|
|
Eggs
1 dozen
|
$5.55
€4.91
|
$2.72
€2.41
|
|
Boneless chicken breast (1 lb) |
$8.45
€7.47
|
$3.05
€2.70
|
|
Apples (1 lb) |
$2.57
€2.28
|
$0.58
€0.52
|
|
Bananas (1 lb) |
$2.47
€2.19
|
$0.77
€0.68
|
|
Oranges (1 lb) |
$1.98
€1.75
|
$1.04
€0.92
|
|
Tomatoes (1 lb) |
$2.92
€2.59
|
$1.39
€1.23
|
|
Potatoes (1 lb) |
$1.69
€1.49
|
$0.38
€0.34
|
|
Onions (1 lb) |
$2.02
€1.79
|
$0.37
€0.33
|
|
pay 23.8% less for transportation
Monaco
|
Latvia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.68
€7.68
|
$6.76
€5.98
|
|
Monthly public transit pass |
$29.74
€26.31
|
$39.41
€34.86
|
|
New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€43,494.69
|
$25,606.21
€22,655.09
|
|
Taxi trip in downtown area (5 miles) |
$21.44
€18.96
|
$9.07
€8.03
|
|
pay 76.8% less for housing
Monaco
|
Latvia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€98.14
|
$17.22
€15.24
|
|
1-Bedroom apartment in downtown area |
$9,401.30
€8,317.80
|
$467.65
€413.75
|
|
1-Bedroom apartment outside city center |
$6,591.34
€5,831.69
|
$322.68
€285.49
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€258.70
|
$196.83
€174.15
|
|
pay 69.5% less for childcare
Monaco
|
Latvia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$2,759.79
€2,441.72
|
$427.69
€378.40
|
|
Middle school for 1 child, two semesters |
$29,406.50
€26,017.40
|
$13,383.30
€11,840.87
|
|
pay 58.6% less for entertainment and sports
Monaco
|
Latvia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.11
€8.06
|
$3.87
€3.42
|
|
Cappuccino in mid-range area |
$6.29
€5.57
|
$3.06
€2.71
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€10.67
|
$4.95
€4.38
|
|
Monthly membership at local gym |
$512.44
€453.38
|
$42.71
€37.79
|
|
Movie ticket to theater/cinema |
$15.00
€13.28
|
$10.00
€8.85
|
|
pay 58.7% less for clothing
Monaco
|
Latvia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$194.39
€171.99
|
$76.51
€67.69
|
|
Regular dress
from H&M or similar store
|
$75.16
€66.50
|
$43.17
€38.20
|
|
Running shoes
Nike or Adidas
|
$203.37
€179.93
|
$84.42
€74.69
|
|
Men's business shoes (leather) |
$446.93
€395.42
|
$120.68
€106.77
|
|
Change currency:
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Latvia or Monaco. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.