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Latvia vs Albania

27% dearer than — Latvia against Albania

Latvia62.42025
Albania49.22024

On national price levels, Latvia is 27% dearer than Albania. 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.

CategoryLatviaAlbaniaDifference
Overall consumption (incl. government-funded services)51.742.2 +23%
Food and non-alcoholic drinks105.4100.1 +5%
Bread and cereals102.382.3 +24%
Meat81.791.1 -10%
Fish106.593.0 +15%
Milk, cheese and eggs114.4131.5 -13%
Fruit and vegetables102.989.2 +15%
Non-alcoholic drinks129.8119.1 +9%
Alcoholic drinks136.8152.8 -10%
Tobacco78.346.8 +67%
Clothing and footwear102.290.8 +13%
Housing, water, electricity and fuel55.051.6 +7%
Furnishings and household equipment93.3111.5 -16%
Health59.540.0 +49%
Transport83.285.3 -2%
Communication93.9102.7 -9%
Recreation and culture91.569.0 +33%
Education66.418.8 +253%
Restaurants and hotels90.952.3 +74%

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

  1. 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.
  2. 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.
  3. Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
  4. 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.

Full methodology →

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

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Published by

Amit Sharma

Auckland real-estate agent and marketer. Builds free, sourced data tools.