Moving from Austin to Riga (2026)

Riga has a COL index of 57 vs 122 for Austin (100 = US average). You'd pay about 53% less for the same lifestyle.

Save ~$130/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
122 โ†’ 57
100 = US avg
1BR rent
$1,800 โ†’ $680
per month
State tax
None โ†’ 20%
income tax
COL difference
122 โ†’ 57
53% cheaper

Salary needed in Riga to match your Austin lifestyle

Based on the 53% cost of living decrease between the two cities.

Your salary in AustinEquivalent in Riga
$40K$18,689
$50K$23,361
$60K$28,033
$75K$35,041
$80K$37,377
$100K$46,721
$120K$56,066
$150K$70,082

Adjust your salary

Save ~$1,119/moon core expenses at $75K

Monthly budget at $75K โ€” Austin vs Riga

ExpenseAustinRiga
Monthly take-home$4,741$3,491
1BR rent$1,800$680
Groceries$372$380
Transport$50$150
Utilities$170$100
Internet$65$28
Left after essentials$2,284$2,153

30-Year Wealth Builder

If you invest your monthly savings of $1,119 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,365,148

over 30 years compared to staying in Austin โ€” that's the real price of a city.

$1,119/mo invested

Frequently asked questions

Is Riga cheaper than Austin?

Yes. Riga has a cost of living index of 57 vs 122 for Austin (100 = US average). That's about 53% cheaper.

How much will I save moving from Austin to Riga?

On a $75K salary, core expenses in Riga run about $130/month more than Austin. Factor this into your salary negotiation when relocating.

What salary do I need in Riga to match my Austin lifestyle?

To maintain the same purchasing power as $75,000 in Austin, you'd need roughly $35,041/year in Riga. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only