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Spain vs Latvia

10% dearer than — Spain against Latvia

Spain68.72025
Latvia62.42025

On national price levels, Spain is 10% 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.

CategorySpainLatviaDifference
Overall consumption (incl. government-funded services)60.851.7 +18%
Food and non-alcoholic drinks95.2105.4 -10%
Bread and cereals95.5102.3 -7%
Meat90.581.7 +11%
Fish94.2106.5 -12%
Milk, cheese and eggs93.1114.4 -19%
Fruit and vegetables95.8102.9 -7%
Non-alcoholic drinks100.6129.8 -22%
Alcoholic drinks90.5136.8 -34%
Tobacco81.478.3 +4%
Clothing and footwear90.9102.2 -11%
Housing, water, electricity and fuel96.555.0 +75%
Furnishings and household equipment93.293.3 -0%
Health96.459.5 +62%
Transport87.483.2 +5%
Communication94.693.9 +1%
Recreation and culture94.291.5 +3%
Education86.366.4 +30%
Restaurants and hotels83.990.9 -8%

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.