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Latvia vs Hungary

8% dearer than — Latvia against Hungary

Latvia62.42025
Hungary57.92025

On national price levels, Latvia is 8% dearer than Hungary. 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.

CategoryLatviaHungaryDifference
Overall consumption (incl. government-funded services)51.745.8 +13%
Food and non-alcoholic drinks105.494.8 +11%
Bread and cereals102.397.3 +5%
Meat81.778.1 +5%
Fish106.599.8 +7%
Milk, cheese and eggs114.4101.9 +12%
Fruit and vegetables102.997.7 +5%
Non-alcoholic drinks129.8103.2 +26%
Alcoholic drinks136.896.4 +42%
Tobacco78.379.9 -2%
Clothing and footwear102.286.6 +18%
Housing, water, electricity and fuel55.061.1 -10%
Furnishings and household equipment93.387.1 +7%
Health59.543.9 +36%
Transport83.280.8 +3%
Communication93.997.3 -3%
Recreation and culture91.572.0 +27%
Education66.469.9 -5%
Restaurants and hotels90.971.8 +27%

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.