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Latvia vs North Macedonia

52% dearer than — Latvia against North Macedonia

Latvia62.42025
North Macedonia41.02025

On national price levels, Latvia is 52% dearer than North Macedonia. 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.

CategoryLatviaNorth MacedoniaDifference
Overall consumption (incl. government-funded services)51.733.2 +56%
Food and non-alcoholic drinks105.473.4 +44%
Bread and cereals102.366.5 +54%
Meat81.779.1 +3%
Fish106.576.4 +39%
Milk, cheese and eggs114.491.2 +25%
Fruit and vegetables102.960.0 +72%
Non-alcoholic drinks129.878.3 +66%
Alcoholic drinks136.898.7 +39%
Tobacco78.337.8 +107%
Clothing and footwear102.280.2 +27%
Housing, water, electricity and fuel55.037.8 +46%
Furnishings and household equipment93.368.7 +36%
Health59.533.7 +77%
Transport83.266.5 +25%
Communication93.968.7 +37%
Recreation and culture91.562.6 +46%
Education66.424.6 +170%
Restaurants and hotels90.949.5 +84%

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.