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Switzerland vs Latvia

105% dearer than — Switzerland against Latvia

Switzerland128.22025
Latvia62.42025

On national price levels, Switzerland is 105% 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.

CategorySwitzerlandLatviaDifference
Overall consumption (incl. government-funded services)123.551.7 +139%
Food and non-alcoholic drinks158.5105.4 +50%
Bread and cereals163.0102.3 +59%
Meat207.781.7 +154%
Fish165.6106.5 +55%
Milk, cheese and eggs147.2114.4 +29%
Fruit and vegetables137.0102.9 +33%
Non-alcoholic drinks135.2129.8 +4%
Alcoholic drinks152.7136.8 +12%
Tobacco132.878.3 +70%
Clothing and footwear138.7102.2 +36%
Housing, water, electricity and fuel214.455.0 +290%
Furnishings and household equipment138.493.3 +48%
Health223.759.5 +276%
Transport126.983.2 +53%
Communication186.193.9 +98%
Recreation and culture160.691.5 +76%
Education269.966.4 +306%
Restaurants and hotels170.890.9 +88%

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.