Quality of life comparison

compared to

If you lived in Monaco instead of Latvia, you would:

Health

live 10.1 years longer

In Latvia, the average life expectancy is 76 years (72 years for men, 82 years for women) as of 2024. In Monaco, that number is 86 years (85 years for men, 89 years for women) as of 2024.

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see 3.2 times more spent on your healthcare

Latvia spends $3,034 per person on healthcare as of 2023 (international dollars, adjusted for prices). Monaco spends $9,797 as of 2023.

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have 2.5 times more doctors per person

Latvia has 34.0 doctors per 10,000 people as of 2022. Monaco has 86.1 as of 2020.

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have 14.7% more access to essential health services

Latvia scores 75 out of 100 on the universal health coverage index as of 2021. Monaco scores 86 as of 2021.

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Economy

make 10.9 times more money

Latvia has a GDP per capita of $26,312 as of 2025, while in Monaco, the GDP per capita is $288,002 as of 2024.

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Life

be 73.7% less likely to die during childbirth

In Latvia, approximately 19.0 women die from pregnancy or childbirth per 100,000 live births as of 2023. In Monaco, 5.0 women do as of 2023.

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have 38.6% more children

In Latvia, there are approximately 6.9 babies per 1,000 people as of 2024. In Monaco, there are 9.6 babies per 1,000 people as of 2024.

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Expenditures

spend 60.0% less on education

Latvia spends 4.3% of its total GDP on education as of 2022. Monaco spends 1.7% of total GDP on education as of 2023.

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spend 57.1% less on healthcare

Latvia spends 7.3% of its total GDP on healthcare as of 2023. In Monaco, that number is 3.1% of GDP as of 2023.

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Geography

see 99.2% less coastline

Latvia has a total of 498 km of coastline. In Monaco, that number is 4 km.

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Infrastructure

find 2.2 times more home broadband

Latvia has 25.8 fixed broadband subscriptions per 100 people as of 2024. Monaco has 55.7 as of 2024.

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Sources: World Bank (2020–2025), United Nations SDG Indicators (2021), The World Factbook. How we calculate this

Compare further: Latvia vs. Monaco

Cost of Living Comparison · 7 categories - 2026 data
Monaco is 4.1 times more expensive than Latvia overall
→
Size Comparison · See true size
Latvia is about 32,294 times bigger than Monaco.
→
Moving from Latvia to Monaco · Cost, visas & climate
Compare cost of living, salary and climate.
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Monaco: At a glance

Monaco is a sovereign country in Europe, with a total land area of approximately 2 sq km. The Genoese built a fortress on the site of present day Monaco in 1215. The current ruling GRIMALDI family first seized temporary control in 1297, and again in 1331, but were not able to permanently secure their holding until 1419. Economic development was spurred in the late 19th century with a railroad linkup to France and the opening of a casino. Since then, the principality's mild climate, splendid scenery, and gambling facilities have made Monaco world famous as a tourist and recreation center.
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How big is Monaco compared to Latvia? See an in-depth size comparison.

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