Latvia vs Serbia - Cost of Living Comparison

Updated:

Livingcost

Latvia Serbia
🚶 Cost of living one person
$1163
$1136
👨‍👩‍👧‍👦 Cost of living Family
$2906
$2681
🏠 One person rent
$545
$592
🏘️ Family rent
$906
$999
🍽️ Food expenses
$429
$370
🚐 Transport expenses
$65.2
$68.1
💳 Monthly salary after tax
$1419
$1021
💸 GDP per capita
$23409
$13679
😃 Human freedom index
8.51
7.06
❤️ Life expectancy
75.7
76.2
👮 Corruption perceptions index
60
33
🌐 English speaking %
45.9%
55%
🎓 Higher education
72
83
😀 Quality of life
75
64
🏙️ Population
1.87M
6.59M

The average cost of living in Latvia ($1163) is 2% more expensive than in Serbia ($1136). Latvia ranked 74th vs 77th for Serbia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.2 months in Latvia compared to 0.9 months in Serbia. Ranked 42nd and 62nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Latvia vs Serbia

We calculate prices for Latvia and Serbia 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.

Latvia Serbia
Eating Out
🍱 Lunch Menu
$12.9
$11.1
🥂 Dinner in a Restaurant, for 2
$54.7
$43.7
🥪 Fast food meal, equiv. McDonald's
$8.18
$10.7
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.24
$3.12
 Cappuccino
$3.7
$2.46
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.76
$2.45
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$482
$577
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$336
$410
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$968
$1139
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$648
$781
🔌 Utility Bill one person, electricity, heating, water, etc.
$149
$119
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$233
$183
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.5
$30.3
🏦 Mortgage Interest Rate for 20 Years
4.36%
4.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2641
$3852
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1721
$2500
Transportation
🚌 Local transport ticket
$1.53
$0.93
🎟️ Monthly ticket local transport
$38.2
$25.1
🚕 Taxi Ride, 8 km or 5 mi
$9.17
$9.91
 Gas / Petrol, 1 L or 0.26 gal
$1.86
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$1.35
$1.38
🍞 Bread, 0.5 kg or 1.1 lb
$1.49
$0.89
🍚 Rice, 1 kg or 2.2 lb
$2.52
$2.21
🥚 Eggs, x12
$3.46
$2.56
🧀 Cheese, 1 kg or 2.2 lb
$12.4
$9.78
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.26
$7.22
🥩 Round Steak, 1 kg or 2.2 lb
$12.3
$13.6
🍏 Apples, 1 kg or 2.2 lb
$1.82
$1.46
🍌 Banana, 1 kg or 2.2 lb
$1.92
$2
🍊 Oranges, 1 kg or 2.2 lb
$2.65
$1.87
🍅 Tomato, 1 kg or 2.2 lb
$3.6
$2.1
🥔 Potato, 1 kg or 2.2 lb
$1.02
$0.98
🧅 Onion, 1 kg or 2.2 lb
$1.03
$0.85
🌊 Water, 1 L or 1 qt
$0.59
$0.45
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.88
$1.64
🍾 Wine (mid-priced), 750 mL bottle
$8.58
$8.49
🍺 Beer, 0.5 L or 16 fl oz
$1.91
$0.9
🚬 Cigarette pack
$5.8
$4.44
💊 Cold medicince, 1 week
$8.41
$7.5
🧴 Hair Shampoo
$5.37
$4.68
🧻 Toilet paper, 4 rolls
$2.27
$1.84
👄 Toothpaste, 1 tube
$3.22
$2.25
Other
🏋️ Gym Membership, 1 month
$46.1
$36
🎫 Cinema Ticket, 1 person
$10.5
$6.63
👩‍⚕️ Doctor's visit
$51.6
$32.4
💇 Haircut, simple
$15.7
$7.94
👖 Brand Jeans
$81.1
$96.7
👟 Brand Sneakers
$92
$110
👶 Daycare or Preschool, 1 month
$500
$358
🏫 International Primary School, 1 year
$17173
$8202

Cost of living in other countries

Cost of living

Cities Comparison in Latvia vs Serbia

More countries to compare

Cost of Living in Popular cities

In Latvia

City Cost of living Population
Riga
$1248
595K
Daugavpils
$952
78.1K
Liepaja
$1060
67.4K
Jelgava
$908
54.8K
Jurmala
$1423
52K
Ventspils
$994
32.7K
Valmiera
$944
22.8K
Jekabpils
$912
21K
Rezekne
$853
26.4K
Ogre
$1027
22.8K

In Serbia

City Cost of living Population
Belgrade
$1378
1.2M
Novi Sad
$1173
260K
Nis
$857
183K
Pristina
$694
227K
Kragujevac
$948
151K
Subotica
$923
106K
Valjevo
$924
90.3K
Cacak
$888
71.9K
Novi Pazar
$851
66.5K
Mitrovica
$571
71.6K