Cost Analysis

Cost of Living in Riga (2026)

Detailed breakdown of living costs in Riga, Latvia. Average monthly expenses for rent, groceries, transportation, and healthcare.

Single Person

$1,034

per month

Family (4 people)

$1,941

per month

Average Rent

$606

1 bedroom

Cost of Living Overview

Riga offers a very affordable lifestyle compared to other major cities. A single person can expect to spend around $1,034 per month for a comfortable standard of living, while a family of four should budget approximately $1,941.

Housing is very affordable, with one-bedroom apartments averaging $606 per month. Internet speeds of 150 Mbps make it excellent for remote work.

Housing

1 Bedroom Apartment (City Center)$606
3 Bedroom Apartment (Family)$1,125
Real Estate Price per m²$3,141

Daily Expenses

Groceries (Monthly)$291
Internet (Monthly)$22

Transportation

Public Transport (Monthly)$35
Car Ownership (Monthly)$713

Healthcare

Health Insurance (Monthly)$80

Total Estimated Monthly Cost

Single Person

$1,034

Family of 4

$1,941

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Cost Summary

Rent (1BR)$606
Groceries$291
Transport$35
Healthcare$80
Internet$22
Total$1,034

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