Latvia

Latvia

🇱🇻
A country. We have 118 states and 125 cities, 0 streets and 0 properties registered in our database.
Rank #2 in Countries
0.0
(0 reviews)

Insights About Latvia

Great for
Not enough data
Not great for
Not enough data
? Who lives here?
Not enough data

Ratings by Topic

Not enough data

Cost of Living in Latvia

Grocery Shopping

Beer (Domestic, 0.5 Liter)
$ 4.34
Beer (Imported, 0.33 Liter)
$ 2.70
Milk (1 Liter)
$ 1.23
Fresh White Bread (500 Grams)
$ 1.41
White Rice (1 kg)
$ 2.73
Chicken Eggs (12 pcs)
$ 2.74
Local Cheese (1 kg)
$ 10.43
Chicken Meat (1 Kg)
$ 7.20
Beef Meat (1 Kg)
$ 11.60
Apple (1 Kg)
$ 1.41
Banana (1 Kg)
$ 1.75
Orange (1 Kg)
$ 2.22
Tomato (1 Kg)
$ 2.98
Potato (1 Kg)
$ 0.84
Onion (1 Kg)
$ 0.98
Lettuce (1 Piece)
$ 1.60
Water (1.5 Liter)
$ 0.82
Wine Bottle (0.7 Liter, Mid-Level)
$ 7.60
Cigarette (20 Pcs Pack, Marlboro)
$ 4.86

Monthly Bills

Basic Bills (Heating, Cooling, Water, Electricity, Garbage) for 90 m2 Apartment
$ 330.11
Prepaid Mobile Tariff Local for 1 Minute (Standard Price without Discount or Monthly Plan)
$ 0.12
Internet Service (50 Mbps or Higher, Unlimited, ADSL)
$ 17.17

Childcare

Kindergarten (Private, Full-Day, Monthly)
$ 436.65
Primary School (Yearly, International, for Single Child)
$ 14,515.58

Rent

1 Bedroom Apartment Far From City Centre
$ 482.19
1 Bedroom Apartment in City Centre
$ 325.45
3 Bedrooms Apartment in City Centre
$ 859.00
3 Bedrooms Apartment Far From City Centre
$ 574.82

Salaries

Average Salary (Net, Without Taxes)
$ 1,131.51

Eating and Drinking

Budget-Friendly Meal at Restaurant
$ 10.88
3-Course Meal for 2 at Mid-Range Restaurant
$ 61.11
McDonald's McMeal or Similar Combo
$ 7.70
Cappuccino (Normal)
$ 3.04
Coke/Pepsi (0.33 Liter)
$ 1.54

Transport

Single Way Ticket (Local Transportation)
$ 1.63
Monthly Pass (Standard Price)
$ 32.58
Taxi Starting Price (Standard Tariff)
$ 2.24
Taxi 1 KM Price (Standard Tariff)
$ 0.94
Taxi 1 Minute Waiting Price (Standard Tariff)
$ 10.65
Fuel (1 Liter)
$ 1.84
Volkswagen Golf 1.4 Trendline (Or a Same Segment Vehicle)
$ 24,997.44
Toyota Corolla Sedan 1.6l Comfort (Or a Same Segment Vehicle)
$ 25,018.22

Leisure & Hobbies & Sport

Fitness Club
$ 44.00
Tennis Court (Weekend, 1 Hour)
$ 25.31
Cinema (1 Seat)
$ 10.32

Clothing

Jeans (Levis 501 or a Same Quality Jeans)
$ 78.35
Summer Dress (From Chain Stores like H&M, ZARA, etc.)
$ 45.92
Nike Running Shoes (Middle Segment)
$ 84.10
Men’s Leather Business Shoes
$ 120.48

Apartment Prices

M2 Price in City Centre
$ 2,556.69
M2 Price Far From City Centre
$ 1,562.14
20 Years Fixed Rate Mortgage Interest Rate (%, Annual)
$ 3.77

Air Quality Details of Latvia

Air Quality Metrics of Latvia

A colorless, odorless gas emitted from incomplete combustion of carbon-based fuels, posing a health risk when inhaled in high concentrations.

A reddish-brown gas produced by combustion processes, particularly in vehicles and power plants, contributing to air pollution and respiratory issues.

A reactive gas present in the atmosphere, beneficial at higher altitudes but forming ground-level smog when concentrated, potentially harmful to respiratory health.

A gas resulting from burning fossil fuels containing sulfur, contributing to air pollution and respiratory problems.

Fine particles smaller than 2.5 micrometers in diameter, able to penetrate deep into the lungs, associated with respiratory and cardiovascular issues.

Coarser particles with a diameter of 10 micrometers or smaller, contributing to air pollution and potential health problems.

The United States federal agency tasked with safeguarding human health and the environment by regulating pollutants and implementing environmental laws.

The UK government department responsible for overseeing environmental protection, food production, and rural affairs.

Latvia Geographical Information

ISO2
: LV
ISO3
: LVA
Phone Code
: +371
Currency
: EUR
Population
: 1,884,490 (2021)

Popular Questions About Latvia

The cost of buying a property in Latvia depends on various factors such as location, size, and condition. As of now, the average price per square meter in Riga, the capital city, is around $1,700.

Yes, foreigners can buy property in Latvia without any restrictions. However, it is advisable to consult with a legal professional to ensure a smooth purchase process and understand any necessary documentation or procedures.

Riga, the capital city of Latvia, is a popular choice for property buyers due to its vibrant lifestyle and economic opportunities. Other cities like Jurmala and Liepaja are also known for their real estate investment potential.

In Latvia, you can find a variety of property types including apartments, detached houses, villas, and land for development. Each property type comes with its own advantages and price range, catering to different buyer preferences.

To buy property in Latvia, you will need a valid passport or ID, as well as an official translator for non-Latvian documents. It is highly recommended to hire a local notary and a lawyer who can guide you through the legal process.

Yes, there are property taxes in Latvia. The exact amount varies depending on the property's value and location. It is advisable to consult with local tax authorities or a professional tax advisor for accurate and up-to-date information.

The average rental yield in Latvia varies depending on the property type and location. In Riga, it typically ranges between 5% to 7%, but can be higher in certain areas or for specific property investments.

Latvia has a well-developed infrastructure with modern roads, airports, and public transportation systems. The quality of infrastructure is generally good, especially in major cities like Riga, ensuring convenient connectivity and transportation options.

Property owners in Latvia may be eligible for residency permits, providing them with certain benefits and rights. The specific requirements and conditions vary, so it's recommended to consult with immigration authorities or legal professionals for accurate details.

Before buying property in Latvia, consider factors such as location, market trends, legal procedures, and potential returns on investment. It is crucial to conduct thorough research, visit properties in person, and seek professional advice to make an informed decision.