LIFE IN LATVIA

COST OF LIVING IN LATVIA

The standard of living is much lower in Latvia compared to the more developed European states. The average wage is also not competitive in comparison with Europe. The average gross monthly wage in Latvia in the4th quarter of 2013 was EUR 737.According to the EURES (European Employment services) data on living and working conditions in Latvia, the country has a fairly lower standard of living as compared to other European countries, so students from abroad can spend more on their everyday needs.

Accommodation

  • Dormitories/Student Hostel: 70-120 EUR
  • Flat renting, not shared: 250-350 EUR
  • Flat renting, shared: 100-200EUR

Average monthly living expenses in Latvia are estimated to be between 450 and 700 EUR, depending on the type of accommodation (student dorm or privately rented housing/flat). These amounts should be enough to cover food, accommodation, utilities, transportation and other expenses.

Food

120-250 EUR (Meals at the city centre: 5-9 EUR per meal)

Transportation

  • Taxi (from the city centre to suburbs): 7-15 EUR (1 transfer)
  • Public transport tickets for students: 16 EUR per month (trams, trolleybuses, buses)
  • Public transport one-way ticket: 1.20 EUR

Leisure, personal needs

Around 100 EUR depending on needs
  • Cinema ticket: 5-10 EUR
  • Opera ticket: 7-42 EUR
  • Rock concerts: 7.5-30 EUR
According to the Latvian Central Bureau for Statistics, the average expenditure per household member per month in the Riga region of Latvia
In EUR %
TOTAL MONTHLY BUDGET 281.96 100.0
Food and non-alcoholic beverages 78.97 28.0
Alcoholic beverages and tobacco 9.26 3.3
Clothing and footwear 14.48 5.1
Housing, water, electricity, gas and other fuels 47.38 16.8
Furnishings, household equipment and routine household maintenance 11.58 4.1
Health 16.75 5.9
Transportation 39.76 14.1
Communications 13.18 4.7
Recreation and culture 18.80 6.7
Education 4.61 1.6
Restaurants, cafes and hotels 12.72 4.5
Miscellaneous goods and services 14.44 5.1
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