Cyprus vs Latvia - Cost of Living Comparison

Cyprus Latvia
🚶 Cost of living one person
$1213
$860
👨‍👩‍👧‍👦 Cost of living Family
$2964
$2122
🏠 One person rent
$660
$400
🏘️ Family rent
$1289
$639
🍽️ Food expenses
$375
$299
🚐 Transport expenses
$64.9
$62.6
💳 Monthly salary after tax
$1366
$936
💸 GDP per capita
$27528
$17737
😃 Human freedom index
8.42
8.67
❤️ Life expectancy
81.1
75.4
👮 Corruption perceptions index
53
59
🌐 English speaking %
72.7%
45.9%
🎓 Higher education
74
72
😀 Quality of life
74
68
🏙️ Population
1.14M
1.91M

The average cost of living in Cyprus ($1213) is 41% more expensive than in Latvia ($860). Cyprus ranked 39th vs 87th for Latvia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.1 months in Cyprus compared to 1.1 months in Latvia. Ranked 25th and 35th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Cyprus vs Latvia infographic

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Prices in Cyprus vs Latvia

We calculate prices for Cyprus and Latvia as a population-weighted mean of 10 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Cyprus Latvia
Eating Out
🍱 Lunch Menu
$13.4
$7.32
🥂 Dinner in a Restaurant, for 2
$50.9
$34.2
🥪 Fast food meal, equiv. McDonald's
$6.7
$6.15
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.47
$3.05
 Cappuccino
$3.16
$2.78
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.51
$1.39
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$631
$359
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$509
$239
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1329
$606
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1057
$392
🔌 Utility Bill one person, electricity, heating, water, etc.
$94.6
$123
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$145
$190
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.4
$14.3
🏦 Mortgage Interest Rate for 20 Years
2.59%
2.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2230
$1951
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1532
$1156
Transportation
🚌 Local transport ticket
$1.55
$1.04
🎟️ Monthly ticket local transport
$41
$42.9
🚕 Taxi Ride, 8 km or 5 mi
$15
$7.24
 Gas / Petrol, 1 L or 0.26 gal
$1.52
$1.72
Groceries
🥛 Milk, 1 L or 1 qt
$1.44
$1.11
🍞 Bread, 0.5 kg or 1.1 lb
$1.53
$1.04
🍚 Rice, 1 kg or 2.2 lb
$2.13
$1.59
🥚 Eggs, x12
$2.88
$2.22
🧀 Cheese, 1 kg or 2.2 lb
$9.69
$8.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.07
$6.03
🥩 Round Steak, 1 kg or 2.2 lb
$9.66
$9.18
🍏 Apples, 1 kg or 2.2 lb
$2.38
$1.17
🍌 Banana, 1 kg or 2.2 lb
$1.55
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$1.61
$1.66
🍅 Tomato, 1 kg or 2.2 lb
$2.23
$2.5
🥔 Potato, 1 kg or 2.2 lb
$1
$0.7
🧅 Onion, 1 kg or 2.2 lb
$0.9
$0.6
🌊 Water, 1 L or 1 qt
$0.63
$0.47
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.04
$1.71
🍾 Wine (mid-priced), 750 mL bottle
$6.68
$7.38
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$1.21
🚬 Cigarette pack
$4.82
$4.26
💊 Cold medicince, 1 week
$6.74
$8.15
🧴 Hair Shampoo
$3.74
$4.31
🧻 Toilet paper, 4 rolls
$2.13
$1.59
👄 Toothpaste, 1 tube
$2.63
$2.55
Other
🏋️ Gym Membership, 1 month
$57.4
$34.8
🎫 Cinema Ticket, 1 person
$9.35
$7.65
👩‍⚕️ Doctor's visit
$49.7
$43.8
💇 Haircut, simple
$11.3
$14.9
👖 Brand Jeans
$77.2
$61.7
👟 Brand Sneakers
$80.4
$69.5
👶 Daycare or Preschool, 1 month
$342
$294
🏫 International Primary School, 1 year
$6059
$12996

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Cities Comparison in Cyprus vs Latvia

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Cost of Living in Popular cities

In Cyprus

City Cost of living Population
Nicosia
$1164
330K
Limassol
$1520
235K
Larnaca
$1234
59.2K
Paphos
$1023
36K
Paralimni
$1023
15K
Famagusta
$722
40.9K
Aradippou
$900
19.2K
Kyrenia
$754
33.2K
Ypsonas
$943
11.1K
Dali
$930
10.5K

In Latvia

City Cost of living Population
Riga
$967
615K
Daugavpils
$644
80.6K
Liepaja
$650
68K
Jurmala
$829
50.2K
Jelgava
$724
55.3K
Ventspils
$758
33.4K
Jekabpils
$580
21.6K
Valmiera
$673
23K
Ogre
$676
23K
Rezekne
$582
26.8K