Latvia
How much home does a salary buy in Riga?
In Riga, the average net yearly salary buys 15.4 m² of apartment. A 60 m² flat costs 3.9 full years of salary, rank 1 of 53 in Europe.
Price per m²€1,150Valsts zemes dienests (State Land Service, VZD), NITIS registered real-estate transactions open data (data.gov.lv), files nitis_csv_2020..2026 · median, derived from two official statistics (price ÷ floor area), 2025 (deal dates 01.01-31.12.2025; deals registered in NITIS up to 2026-11-08)
Average net wage€1,479CSP DSV041 / DSV041c (net published) · mean, city, 2025
Years of pay for 60 m²3.9
m² per year of pay15.4 m²
C Data quality: Weaker basis, use with care · Price and wage: 2025 · Rank in Europe: 1 of 53
Prices and wages in Riga, 2021–2026
Price and wage are from the same year. Empty cells mean the official figure is not published (yet).
| Year | Price €/m² | Net wage €/month | Years of pay for 60 m² |
|---|---|---|---|
| 2021. | €1,044 | €1,048 | 5.0 |
| 2022. | €1,160 | €1,117 | 5.2 |
| 2023. | €1,071 | €1,235 | 4.3 |
| 2024. | €1,055 | €1,346 | 3.9 |
| 2025. | €1,150 | €1,479 | 3.9 |
| 2026. | €1,230 (part of the year) | €1,525 (part of the year) | 4.0 |
Other cities
| Graz Austria | 2 of 53 | 4.1 salaries |
| Valletta Malta | 3 of 53 | 4.4 salaries |
| Leipzig Germany | 4 of 53 | 5.3 salaries |