Verified Facts

Official NameRepublic of Belarus
CapitalMinsk
Population9.1 million
Area207,600 km² (80,155 sq mi)
LanguagesBelarusian, Russian
CurrencyBelarusian ruble (Br)
TimezoneUTC+03:00
RegionEurope / Eastern Europe
Drives onRight
Source: REST Countries API

Economic Indicators

Inflation Rate5.8% (2024)
Health Spend per Capita$558 (2023)
Out-of-Pocket Health Spend28.5% (2023)
Education Spend (% GDP)5.0% (2023)
Source: World Bank Open Data

Belarus is generally cheaper than Latvia, with an overall cost of living that is around 20-30% lower.

Quick Facts

Belarus GDP per Capita (PPP)20,900
Latvia GDP per Capita (PPP)31,300
Belarus Inflation Rate5.5%
Latvia Inflation Rate2.5%
Overall Winner (Cheaper)Belarus

Overview: Belarus vs Latvia

The cost of living in Belarus and Latvia varies significantly, despite both countries being located in Eastern Europe. Belarus has a lower cost of living, with prices for housing, food, and transportation being generally cheaper than in Latvia. The economic context of the two countries also differs, with Belarus having a more state-controlled economy and Latvia having a more market-oriented economy. This difference in economic systems contributes to the variation in cost of living between the two countries. Overall, Belarus is a more affordable option for expats, students, and retirees, while Latvia offers a more Western-style lifestyle at a higher cost.

The main difference in cost of living between Belarus and Latvia can be attributed to the housing market. Rent prices in Belarus are significantly lower than in Latvia, with a one-bedroom apartment in the city center costing around 40% less in Belarus. Additionally, the cost of food and transportation in Belarus is also lower, making it an attractive option for those on a budget. However, Latvia offers a more developed infrastructure and a higher standard of living, which may be worth the extra cost for some individuals.

Rent & Housing Comparison

ItemBelarus (USD)Latvia (USD)Difference
1BR Apartment (City Center)25042040% cheaper
1BR Apartment (Outside)18032043% cheaper
3BR Apartment (City Center)45072037% cheaper

Food & Dining Comparison

ItemBelarus (USD)Latvia (USD)Difference
Meal at Restaurant81233% cheaper
Groceries (monthly)20030033% cheaper
Beer (500ml)1.52.540% cheaper
Coffee23.543% cheaper

Transport Comparison

ItemBelarus (USD)Latvia (USD)Difference
Monthly Transit Pass203033% cheaper
Taxi (per km)0.50.837% cheaper
Fuel (per liter)0.60.825% cheaper

Utilities & Internet Comparison

ItemBelarus (USD)Latvia (USD)Difference
Utilities (85 sqm apt)8012033% cheaper
Internet (60 Mbps)101533% cheaper
Mobile Plan51050% cheaper

Monthly Budget Comparison

Budget TierBelarus (USD)Latvia (USD)Savings
Budget50070029%
Mid-Range800120033%
Comfortable1200180033%

Where Each Country Wins

  • Belarus is cheaper for:
  • Rent and housing
  • Food and dining
  • Transportation
  • Utilities and internet
  • Latvia is cheaper for:
  • Certain imported goods
  • High-end clothing and electronics
  • International travel
  • Luxury accommodations

Bottom Line

Belarus offers a more affordable lifestyle, making it an attractive option for expats, students, and retirees on a budget. However, Latvia provides a more developed infrastructure and a higher standard of living, which may be worth the extra cost for some individuals. For those who value a Western-style lifestyle and are willing to pay a premium, Latvia may be the better choice. On the other hand, for those who prioritize affordability and are willing to adapt to a more local lifestyle, Belarus is the way to go. Ultimately, the decision between Belarus and Latvia depends on individual priorities and lifestyle preferences.