Cost of living comparison
Latvia is 2.5% more expensive than South Korea.
If you lived in Latvia instead of South Korea, you would:
pay 38.4% more for restaurants
South Korea
|
Latvia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.44
₩8,836
|
$10.57
€9.81
|
|
Fast food combo meal
McDonalds, or similar
|
$5.49
₩7,522
|
$7.05
€6.54
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.39
₩1,905
|
$1.45
€1.34
|
|
Bottle of water (11 fl. oz) |
$0.74
₩1,011
|
$1.16
€1.07
|
|
pay 44.3% less for groceries
South Korea
|
Latvia
|
||
---|---|---|---|
Bread
1 loaf
|
$2.87
₩3,934
|
$1.24
€1.15
|
|
Local cheese (8 oz) |
$6.02
₩8,253
|
$5.22
€4.85
|
|
Milk (1 gallon) |
$7.79
₩10,684
|
$4.56
€4.23
|
|
Eggs
1 dozen
|
$3.21
₩4,404
|
$2.64
€2.45
|
|
Boneless chicken breast (1 lb) |
$2.83
₩3,881
|
$2.99
€2.77
|
|
Apples (1 lb) |
$2.76
₩3,788
|
$0.59
€0.55
|
|
Bananas (1 lb) |
$1.39
₩1,905
|
$0.75
€0.69
|
|
Oranges (1 lb) |
$2.49
₩3,413
|
$0.99
€0.92
|
|
Tomatoes (1 lb) |
$2.03
₩2,784
|
$1.32
€1.23
|
|
Potatoes (1 lb) |
$1.69
₩2,317
|
$0.36
€0.33
|
|
Onions (1 lb) |
$1.10
₩1,507
|
$0.38
€0.35
|
|
pay 10.0% more for transportation
South Korea
|
Latvia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.58
₩6,274
|
$6.88
€6.38
|
|
Monthly public transit pass |
$48.21
₩66,107
|
$45.63
€42.33
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,876.80
₩38,221,885
|
$24,770.47
€22,980.80
|
|
Taxi trip in downtown area (5 miles) |
$8.80
₩12,065
|
$9.34
€8.67
|
|
pay 2.9% less for housing
South Korea
|
Latvia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.28
₩27,801
|
$16.24
€15.07
|
|
1-Bedroom apartment in downtown area |
$421.68
₩578,164
|
$353.00
€327.49
|
|
1-Bedroom apartment outside city center |
$330.55
₩453,223
|
$271.19
€251.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$129.93
₩178,142
|
$185.26
€171.87
|
|
pay 14.8% less for childcare
South Korea
|
Latvia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$386.50
₩529,932
|
$388.30
€360.24
|
|
Middle school for 1 child, two semesters |
$18,893.14
₩25,904,383
|
$13,208.99
€12,254.64
|
|
pay 14.3% more for entertainment and sports
South Korea
|
Latvia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.93
₩4,011
|
$4.17
€3.87
|
|
Cappuccino in mid-range area |
$3.45
₩4,733
|
$2.88
€2.68
|
|
Pack of cigarettes
Marlboro or similar
|
$3.33
₩4,571
|
$5.02
€4.66
|
|
Monthly membership at local gym |
$48.95
₩67,116
|
$45.72
€42.42
|
|
Movie ticket to theater/cinema |
$9.82
₩13,470
|
$9.97
€9.25
|
|
pay 17.0% more for clothing
South Korea
|
Latvia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.63
₩85,878
|
$78.71
€73.02
|
|
Regular dress
from H&M or similar store
|
$43.35
₩59,433
|
$43.65
€40.49
|
|
Running shoes
Nike or Adidas
|
$72.22
₩99,020
|
$84.70
€78.58
|
|
Men's business shoes (leather) |
$98.82
₩135,486
|
$122.77
€113.90
|
|
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