Location Factors

Latvia

The location factor for Latvia is 0.73, based on national living costs.

This means a €44,007 per year salary would roughly be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to €51,460.
It would be €14,368 based on market rates, €16,801 with taxes paid in Germany.

You can also start a calculation based on Latvia.

Name Latvia
Chosen Factor 0.73 0.86*
Market Rates 0.24 0.28*
Consumer Price Index 0.73 0.86*
Rent Index* 0.48 0.56*
Consumer Price Plus Rent Index 0.67 0.78*
Groceries Index 0.69 0.81*
Restaurant Price Index* 0.65 0.76*
Local Purchasing Power Index* 0.40 0.46*
Buffer Location Bracket* C
Currency Euro (EUR)
Income Tax* 24%
* Not used for index.* If taxes paid in Germany instead.
Market rates based on National Sources. Living costs based on Numbeo.

Locations in Latvia

City Factor Based On
Riga 0.77 0.90* Living Costs
create calculation* If taxes paid in Germany instead.