Cost of living comparison

compared to

Latvia vs. Falkland Islands (Islas Malvinas) Cost of Living Summary

Latvia is 52.1% cheaper than Falkland Islands (Islas Malvinas) overall.

Restaurants: pay 47.3% less in Latvia
Groceries: pay 49.7% less in Latvia
Transportation: pay 0.8% less in Latvia
Housing: pay 73.2% less in Latvia
Entertainment and Sports: pay 2.3% less in Latvia
Clothing: pay 38.6% less in Latvia

Expenses including housing, groceries, restaurants, clothing, entertainment and sports, and transportation are lower in Latvia.

Planning a move to Latvia? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes →

Latvia vs. Falkland Islands (Islas Malvinas) Cost Breakdown

If you lived in Latvia instead of Falkland Islands (Islas Malvinas), you would:

Display currency: USD

pay 47.3% less for restaurants

	Falkland Islands (Islas Malvinas)	Latvia
Basic meal with drink at inexpensive restaurant	$26.43 FKP19.83	$11.94 €10.63	-54.8%
Fast food combo meal McDonalds, or similar	??	$8.15 €7.25
Bottle of Coca-Cola (11 fl. oz)	$2.24 FKP1.68	$1.51 €1.35	-32.4%
Bottle of water (11 fl. oz)	$1.38 FKP1.04	$1.14 €1.01	-17.7%
Average			-47.3%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of restaurants

Improve prices · Change currency (USD)

pay 49.7% less for groceries

	Falkland Islands (Islas Malvinas)	Latvia
Bread 1 loaf	$3.03 FKP2.27	$1.29 €1.15	-57.5%
Local cheese (8 oz)	$1.46 FKP1.09	$5.22 €4.65	+258.5%
Milk (1 gallon)	$8.44 FKP6.33	$4.36 €3.88	-48.3%
Eggs 1 dozen	$7.09 FKP5.32	$3.19 €2.84	-55.0%
Boneless chicken breast (1 lb)	$4.32 FKP3.24	$3.48 €3.09	-19.5%
Apples (1 lb)	$4.25 FKP3.19	$0.85 €0.76	-80.0%
Bananas (1 lb)	$2.49 FKP1.87	$0.80 €0.71	-67.7%
Oranges (1 lb)	$4.79 FKP3.59	$1.09 €0.97	-77.3%
Tomatoes (1 lb)	$3.66 FKP2.74	$1.31 €1.16	-64.3%
Potatoes (1 lb)	$1.44 FKP1.08	$0.39 €0.35	-72.6%
Onions (1 lb)	$0.33 FKP0.25	$0.42 €0.37	+26.5%
Average			-49.7%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of groceries

Improve prices · Change currency (USD)

pay 0.8% less for transportation

	Falkland Islands (Islas Malvinas)	Latvia
Gasoline (1 gallon)	$7.16 FKP5.37	$7.10 €6.32	-0.8%
Monthly public transit pass	??	$38.26 €34.05
New Volkswagen Golf 1.4 (standard edition)	??	$26,434.34 €23,527.52
Taxi trip in downtown area (5 miles)	??	$9.18 €8.17
Average			-0.8%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of transportation

Improve prices · Change currency (USD)

pay 73.2% less for housing

	Falkland Islands (Islas Malvinas)	Latvia
Internet connection 50 mbps or faster, cable/dsl	$447.53 FKP335.78	$17.53 €15.60	-96.1%
1-Bedroom apartment in downtown area	$1,453.58 FKP1,090.62	$356.67 €317.45	-75.5%
1-Bedroom apartment outside city center	$1,057.15 FKP793.18	$264.56 €235.47	-75.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$293.49 FKP220.20	$227.24 €202.25	-22.6%
Average			-73.2%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of housing

Improve prices · Change currency (USD)

pay (unknown) more for childcare

	Falkland Islands (Islas Malvinas)	Latvia
Private preschool for 1 child, monthly	??	$488.72 €434.98
Middle school for 1 child, two semesters	??	$15,452.35 €13,753.15

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of childcare

Improve prices · Change currency (USD)

pay 2.3% less for entertainment and sports

	Falkland Islands (Islas Malvinas)	Latvia
Domestic/local beer (1 pint)	$4.16 FKP3.12	$4.53 €4.03	+8.7%
Cappuccino in mid-range area	$4.20 FKP3.15	$3.14 €2.79	-25.2%
Pack of cigarettes Marlboro or similar	$16.11 FKP12.09	$6.10 €5.43	-62.1%
Monthly membership at local gym	$22.10 FKP16.58	$42.36 €37.70	+91.7%
Movie ticket to theater/cinema	$12.06 FKP9.05	$9.96 €8.87	-17.4%
Average			-2.3%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of entertainment and sports

Improve prices · Change currency (USD)

pay 38.6% less for clothing

	Falkland Islands (Islas Malvinas)	Latvia
Regular jeans Levi's brand	$112.32 FKP84.28	$66.25 €58.97	-41.0%
Regular dress from H&M or similar store	$92.50 FKP69.40	$39.10 €34.80	-57.7%
Running shoes Nike or Adidas	$158.57 FKP118.98	$77.76 €69.21	-51.0%
Men's business shoes (leather)	$105.71 FKP79.32	$123.17 €109.63	+16.5%
Average			-38.6%

Falkland Islands (Islas Malvinas) vs. Latvia - Cost of clothing

Improve prices · Change currency (USD)

We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Falkland Islands (Islas Malvinas) vs. Latvia

Salary Calculator · Free tool

What salary would you need in Latvia?

→

Size Comparison · See true size

Falkland Islands (Islas Malvinas) is about 5 times smaller than Latvia.

→

Moving from Falkland Islands (Islas Malvinas) to Latvia · Cost, visas & climate

Compare cost of living, salary and climate.

→