Cyprus vs Latvia
7% dearer than — Cyprus against Latvia
On national price levels, Cyprus is 7% dearer than Latvia. Both figures use the United States as 100.
Where the difference actually sits
A single number hides the interesting part. These are the categories Eurostat prices for both countries.
| Category | Cyprus | Latvia | Difference |
|---|---|---|---|
| Overall consumption (incl. government-funded services) | 63.7 | 51.7 | +23% |
| Food and non-alcoholic drinks | 104.7 | 105.4 | -1% |
| Bread and cereals | 109.3 | 102.3 | +7% |
| Meat | 88.3 | 81.7 | +8% |
| Fish | 101.8 | 106.5 | -4% |
| Milk, cheese and eggs | 130.8 | 114.4 | +14% |
| Fruit and vegetables | 98.4 | 102.9 | -4% |
| Non-alcoholic drinks | 104.3 | 129.8 | -20% |
| Alcoholic drinks | 119.2 | 136.8 | -13% |
| Tobacco | 71.9 | 78.3 | -8% |
| Clothing and footwear | 97.6 | 102.2 | -5% |
| Housing, water, electricity and fuel | 92.1 | 55.0 | +67% |
| Furnishings and household equipment | 86.7 | 93.3 | -7% |
| Health | 99.5 | 59.5 | +67% |
| Transport | 87.7 | 83.2 | +5% |
| Communication | 101.0 | 93.9 | +8% |
| Recreation and culture | 88.4 | 91.5 | -3% |
| Education | 138.6 | 66.4 | +109% |
| Restaurants and hotels | 89.0 | 90.9 | -2% |
SOURCE·Eurostat — purchasing power parities (prc_ppp_ind)·Price level indices by consumption category, published on an EU27=100 basis and rebased here to US=100. CC BY 4.0.·REVIEWED AUG 2026
Before you use this to decide anything
- These are national averages. Comparing two capital cities is a different question and this data cannot answer it.
- Price level is only half of the decision. What matters is prices relative to what you would earn — see what the job pays in each country on PayLens.
- The figures are indices, not prices. Nothing here is a quote for rent or groceries.
How the price level is worked out
- The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
- The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
- Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
- Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.
SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026
SOURCE·World Bank ICP PPPs + Eurostat price level indices·price levels derived as PPP ÷ exchange rate, see method·REVIEWED AUG 2026