Cost of living comparison
Latvia is 4.6% cheaper than South Korea.
If you lived in Latvia instead of South Korea, you would:
pay 28.4% more for restaurants
South Korea
|
Latvia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.13
₩8,447
|
$8.99
€8.40
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
₩7,137
|
$6.17
€5.77
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
₩1,938
|
$1.20
€1.12
|
|
Bottle of water (11 fl. oz) |
$0.67
₩930
|
$1.10
€1.02
|
|
pay 49.6% less for groceries
South Korea
|
Latvia
|
||
---|---|---|---|
Bread
1 loaf
|
$2.74
₩3,780
|
$1.19
€1.11
|
|
Local cheese (8 oz) |
$8.12
₩11,188
|
$4.58
€4.27
|
|
Milk (1 gallon) |
$7.20
₩9,922
|
$4.83
€4.52
|
|
Eggs
1 dozen
|
$2.73
₩3,764
|
$2.38
€2.23
|
|
Boneless chicken breast (1 lb) |
$3.58
₩4,940
|
$3.23
€3.01
|
|
Apples (1 lb) |
$2.90
₩3,991
|
$0.49
€0.46
|
|
Bananas (1 lb) |
$1.51
₩2,080
|
$0.73
€0.68
|
|
Oranges (1 lb) |
$2.66
₩3,667
|
$0.87
€0.82
|
|
Tomatoes (1 lb) |
$2.29
₩3,159
|
$1.31
€1.22
|
|
Potatoes (1 lb) |
$1.40
₩1,925
|
$0.32
€0.30
|
|
Onions (1 lb) |
$1.08
₩1,494
|
$0.35
€0.33
|
|
pay 1.7% less for transportation
South Korea
|
Latvia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₩6,786
|
$7.32
€6.84
|
|
Monthly public transit pass |
$43.73
₩60,258
|
$38.37
€35.84
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,660.56
₩39,493,672
|
$21,439.27
€20,026.55
|
|
Taxi trip in downtown area (5 miles) |
$9.34
₩12,865
|
$7.64
€7.14
|
|
pay 7.2% more for housing
South Korea
|
Latvia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.09
₩29,060
|
$16.90
€15.79
|
|
1-Bedroom apartment in downtown area |
$392.42
₩540,750
|
$342.38
€319.82
|
|
1-Bedroom apartment outside city center |
$302.43
₩416,742
|
$247.16
€230.87
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.18
₩153,199
|
$199.93
€186.75
|
|
pay 24.3% less for childcare
South Korea
|
Latvia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$342.96
₩472,586
|
$261.48
€244.25
|
|
Middle school for 1 child, two semesters |
$18,987.50
₩26,164,395
|
$14,283.25
€13,342.07
|
|
pay 3.8% less for entertainment and sports
South Korea
|
Latvia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.92
₩4,021
|
$2.94
€2.75
|
|
Cappuccino in mid-range area |
$3.29
₩4,533
|
$2.55
€2.39
|
|
Pack of cigarettes
Marlboro or similar
|
$3.45
₩4,754
|
$4.55
€4.25
|
|
Monthly membership at local gym |
$44.03
₩60,668
|
$37.76
€35.27
|
|
Movie ticket to theater/cinema |
$8.93
₩12,299
|
$7.56
€7.06
|
|
pay 11.6% more for clothing
South Korea
|
Latvia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.44
₩66,752
|
$68.48
€63.97
|
|
Regular dress
from H&M or similar store
|
$44.60
₩61,457
|
$40.46
€37.79
|
|
Running shoes
Nike or Adidas
|
$75.46
₩103,978
|
$75.05
€70.10
|
|
Men's business shoes (leather) |
$91.03
₩125,443
|
$104.60
€97.71
|
|
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