Cost of living comparison
Latvia is 5.6% more expensive than South Korea overall.
- Restaurants
-
pay 35.3% more in Latvia
- Groceries
-
pay 44.2% less in Latvia
- Transportation
-
pay 11.6% more in Latvia
- Housing
-
pay 20.5% more in Latvia
- Childcare
-
pay 13.6% less in Latvia
- Entertainment and Sports
-
pay 12.4% more in Latvia
- Clothing
-
pay 16.9% more in Latvia
The cost of restaurants, housing, clothing, entertainment and sports, and transportation in Latvia are more expensive than in South Korea. Expenses including groceries and childcare are lower in Latvia.
If you lived in Latvia instead of South Korea, you would:
pay 35.3% more for restaurants
|
South Korea
|
Latvia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,878
|
$10.23
€9.75
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,552
|
$7.08
€6.74
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,122
|
$1.37
€1.30
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,141
|
$1.17
€1.11
|
|
pay 44.2% less for groceries
|
South Korea
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,435
|
$1.36
€1.29
|
|
| Local cheese (8 oz) |
$5.40
₩7,790
|
$5.17
€4.93
|
|
| Milk (1 gallon) |
$7.46
₩10,751
|
$4.66
€4.44
|
|
|
Eggs
1 dozen
|
$2.76
₩3,975
|
$2.72
€2.60
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,787
|
$3.05
€2.91
|
|
| Apples (1 lb) |
$3.17
₩4,566
|
$0.58
€0.56
|
|
| Bananas (1 lb) |
$1.49
₩2,146
|
$0.77
€0.73
|
|
| Oranges (1 lb) |
$2.53
₩3,649
|
$1.04
€0.99
|
|
| Tomatoes (1 lb) |
$2.41
₩3,480
|
$1.39
€1.33
|
|
| Potatoes (1 lb) |
$1.82
₩2,630
|
$0.38
€0.36
|
|
| Onions (1 lb) |
$1.21
₩1,744
|
$0.37
€0.36
|
|
pay 11.6% more for transportation
|
South Korea
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,331
|
$6.76
€6.44
|
|
| Monthly public transit pass |
$45.32
₩65,320
|
$39.41
€37.56
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩38,951,858
|
$25,606.21
€24,406.63
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,779
|
$9.07
€8.65
|
|
pay 20.5% more for housing
|
South Korea
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,447
|
$17.22
€16.42
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩615,392
|
$467.65
€445.74
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩473,385
|
$322.68
€307.56
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩160,608
|
$196.83
€187.61
|
|
pay 13.6% less for childcare
|
South Korea
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩538,231
|
$427.69
€407.66
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩33,019,666
|
$13,383.30
€12,756.33
|
|
pay 12.4% more for entertainment and sports
|
South Korea
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,460
|
$3.87
€3.69
|
|
| Cappuccino in mid-range area |
$3.39
₩4,886
|
$3.06
€2.92
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,633
|
$4.95
€4.72
|
|
| Monthly membership at local gym |
$45.71
₩65,890
|
$42.71
€40.71
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,556
|
$10.00
€9.53
|
|
pay 16.9% more for clothing
|
South Korea
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩87,501
|
$76.51
€72.92
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩64,176
|
$43.17
€41.15
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩105,213
|
$84.42
€80.46
|
|
| Men's business shoes (leather) |
$93.73
₩135,105
|
$120.68
€115.02
|
|
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