Cost of Living in Latvia vs South Korea comparison

$1,474

Latvia

Explore Latvia, a captivating country with a population of 1,909,000. Embrace a comfortable lifestyle with an average cost of living at $1474 and a median after-tax salary of $875.36. Enjoy dining at diverse restaurants for $62, shop for essentials at bustling markets with an average of $52, and entrust your childcare needs to facilities costing approximately $15119annually. Keep your wardrobe fresh with a clothing budget of $248and secure a lovely home for $1635per month. Latvia also offers an attractive average salary of $875.36. Immerse yourself in the beauty of Latvia, where rich culture meets affordability.

$1,993

South Korea

Discover South Korea, a captivating country with a population of 51,466,201. Experience a comfortable way of life, where the average cost of living stands at $1993, and the median after-tax salary amounts to $2010.65. Savor the culinary delights of South Korea at various restaurants for an average of $57, explore bustling markets with essentials priced at around $107, and entrust your childcare needs to facilities costing approximately $18809annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $2578per month. South Korea also boasts an appealing average salary of $2010.65. Immerse yourself in the beauty of South Korea, where affordability and cultural richness converge.

restaurant
$ 62
Restaurants
restaurant
$ 57
Restaurants
store
$ 52
Markets
store
$ 107
Markets
child_friendly
$ 15,119
Childcare
child_friendly
$ 18,809
Childcare
checkroom
$ 248
Clothing
checkroom
$ 247
Clothing
night_shelter
$ 1,635
Rent Per Month
night_shelter
$ 2,578
Rent Per Month
account_balance_wallet
$ 875
Salaries
account_balance_wallet
$ 2,010
Salaries
Latvia VS South Korea
restaurant

Restaurants

Latvia

South Korea

Difference

Meal, Inexpensive Restaurant

9.07 $ 5.56 $ 63 %

Meal for 2 People, Mid-range Restaurant, Three-course

38.2 $ 34.75 $ 9 %

McMeal at McDonalds (or Equivalent Combo Meal)

5.73 $ 4.86 $ 17 %

Domestic Beer (1 pint draught)

2.87 $ 2.78 $ 3 %

Imported Beer (12 oz small bottle)

2.24 $ 4.17 $ -46 %

Cappuccino (regular)

2.41 $ 3.25 $ -25 %

Coke/Pepsi (12 oz small bottle)

1.13 $ 1.24 $ -8 %

Water (12 oz small bottle)

1.03 $ 0.65 $ 58 %
store

Markets

Latvia

South Korea

Difference

Milk (regular), (1 gallon)

1.1 $ 1.82 $ -39 %

Loaf of Fresh White Bread (1 lb)

1.0 $ 2.3 $ -56 %

Rice (white), (1 lb)

1.99 $ 3.22 $ -38 %

Eggs (regular) (12)

2.08 $ 2.91 $ -28 %

Local Cheese (1 lb)

8.09 $ 12.49 $ -35 %

Chicken Fillets (1 lb)

6.13 $ 8.13 $ -24 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

9.14 $ 28.53 $ -67 %

Apples (1 lb)

1.11 $ 5.73 $ -80 %

Banana (1 lb)

1.4 $ 3.09 $ -54 %

Oranges (1 lb)

1.68 $ 4.92 $ -65 %

Tomato (1 lb)

2.47 $ 5.04 $ -50 %

Potato (1 lb)

0.72 $ 3.18 $ -77 %

Onion (1 lb)

0.58 $ 2.36 $ -75 %

Lettuce (1 head)

1.19 $ 2.05 $ -41 %

Water (1.5 liter bottle)

0.66 $ 0.96 $ -31 %

Bottle of Wine (Mid-Range)

6.69 $ 13.9 $ -51 %

Domestic Beer (0.5 liter bottle)

1.29 $ 1.85 $ -30 %

Imported Beer (12 oz small bottle)

1.5 $ 2.19 $ -31 %

Cigarettes 20 Pack (Marlboro)

4.01 $ 3.13 $ 28 %
commute

Transportation

Latvia

South Korea

Difference

One-way Ticket (Local Transport)

1.1 $ 0.9 $ 22 %

Monthly Pass (Regular Price)

47.75 $ 38.22 $ 24 %

Taxi Start (Normal Tariff)

1.91 $ 2.43 $ -21 %

Taxi 1 mile (Normal Tariff)

0.67 $ 0.69 $ -2 %

Taxi 1hour Waiting (Normal Tariff)

9.55 $ 8.34 $ 14 %

Gasoline (1 gallon)

1.77 $ 1.22 $ 45 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

20584.72 $ 24545.84 $ -16 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

19420.6 $ 21911.65 $ -11 %
mark_as_unread

Utilities (Monthly)

Latvia

South Korea

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

229.48 $ 127.06 $ 80 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.1 $ 0.15 $ -33 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

14.8 $ 19.3 $ -23 %
kitesurfing

Sports And Leisure

Latvia

South Korea

Difference

Fitness Club, Monthly Fee for 1 Adult

34.1 $ 42.31 $ -19 %

Tennis Court Rent (1 Hour on Weekend)

20.04 $ 16.69 $ 20 %

Cinema, International Release, 1 Seat

7.64 $ 8.34 $ -8 %
child_friendly

Childcare

Latvia

South Korea

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

313.94 $ 325.01 $ -3 %

International Primary School, Yearly for 1 Child

14805.32 $ 18484.27 $ -19 %
checkroom

Clothing And Shoes

Latvia

South Korea

Difference

1 Pair of Jeans (Levis 501 Or Similar)

55.16 $ 50.47 $ 9 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

36.95 $ 36.18 $ 2 %

1 Pair of Nike Running Shoes (Mid-Range)

62.53 $ 65.02 $ -3 %

1 Pair of Men Leather Business Shoes

94.06 $ 95.42 $ -1 %
night_shelter

Rent Per Month

Latvia

South Korea

Difference

Apartment (1 bedroom) in City Centre

342.65 $ 445.59 $ -23 %

Apartment (1 bedroom) Outside of Centre

249.96 $ 309.71 $ -19 %

Apartment (3 bedrooms) in City Centre

610.57 $ 1100.29 $ -44 %

Apartment (3 bedrooms) Outside of Centre

432.51 $ 723.08 $ -40 %
home

Buy Apartment Price

Latvia

South Korea

Difference

Price per Square Feet to Buy Apartment in City Centre

1694.13 $ 13976.44 $ -87 %

Price per Square Feet to Buy Apartment Outside of Centre

1070.72 $ 7599.99 $ -85 %
account_balance_wallet

Salaries And Financing

Latvia

South Korea

Difference

Average Monthly Net Salary (After Tax)

875.36 $ 2010.65 $ -56 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

2.54 % 3.52 % -27 %