Cost of living
Latvia compared to Serbia
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Overview comparison
LatviaSerbia
Consumer prices in Latvia are roughly 24% higher than in Serbia.
Cost of living
| Item | Latvia | Serbia |
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| Total with rent one person | 1,040 | 984 |
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| Total with rent family | 2,203 | 2,223 |
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| Without rent one person | 568 | 542 |
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| Without rent one family | 1,789 | 1,189 |
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| Rent & Utilities person | 593.39 | 517.97 |
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| Rent & Utilities family | 1,035.05 | 1,103.59 |
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| Food person | 319 | 342 |
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| Food family | 1,094 | 1,016 |
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| Transport person | 59.12 | 62.73 |
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| Transport family | 171.01 | 187.21 |
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| Life expectancy | 89.42 years | 84.76 years |
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Eating Out
| Item | Latvia | Serbia |
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| Lunch Menu | 8.94 | 8.95 |
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| Dinner in a Restaurant, for 2 | 59.79 | 41.32 |
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| Fast food meal, equiv. McDonald's | 6.24 | 9.32 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 5.5 | 2.58 |
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| Cappuccino | 3.27 | 2.15 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.73 | 1.86 |
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Rent & Utilities
| Item | Latvia | Serbia |
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| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 536 | 443.41 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 355.84 | 386.48 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 814.04 | 1,167.83 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 646.88 | 703.54 |
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| Utility Bill one person, electricity, heating, water, etc. | 185.74 | 120.63 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 314.17 | 130.94 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 14.77 | 27.6 |
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Transportation
| Item | Latvia | Serbia |
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| Local transport ticket | 4.08 | 7.01 |
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| Monthly ticket local transport | 1,834 | 3,415 |
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| Taxi Ride, 8 km or 5 mi | 1,386 | 2,140 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.31 | 0.69 |
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| Mortgage Interest Rate for 20 Years | 41.1% | 17.68% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9.62 | 10.25 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.68 | 1.89 |
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Groceries
| Item | Latvia | Serbia |
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| Milk, 1 L or 1 qt | 1.03 | 1.15 |
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| Bread, 0.5 kg or 1.1 lb | 1.43 | 0.7 |
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| Eggs, x12 | 3.16 | 2.61 |
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| Cheese, 1 kg or 2.2 lb | 12.03 | 11.44 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.57 | 6.2 |
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| Round Steak, 1 kg or 2.2 lb | 9.11 | 10.18 |
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| Banana, 1 kg or 2.2 lb | 1.89 | 1.41 |
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| Water, 1 L or 1 qt | 0.64 | 0.43 |
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Other
| Item | Latvia | Serbia |
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| Gym Membership, 1 month | 50.07 | 33.66 |
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| Cinema Ticket, 1 person | 9.67 | 6.42 |
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| Doctors visit | 36.56 | 36.11 |
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| Haircut, simple | 15.82 | 5.79 |
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| Brand Jeans | 77.08 | 101.43 |
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| Brand Sneakers | 79.18 | 109.57 |
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| Daycare or Preschool, 1 month | 489.96 | 297.52 |
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| International Primary School, 1 year | 15,507 | 6,214 |
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