Is Āgenskalns Expensive?

Riga, Latvia

+5% vs Riga avg

Living in Āgenskalns, Riga

Āgenskalns is one of the pricier neighborhoods in Riga, with a cost of living index of 26.6 — that is +5% compared to the Riga average. It ranks #4 out of 17 areas by cost. Estimated rent for a one-bedroom apartment here is around €490/month, compared to a range of €317 in Dreiliņi to €583 in Old Riga (Vecrīga).

Monthly Budget Breakdown

For a typical resident of Āgenskalns, housing takes up roughly 45% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 9%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately €19,586 before tax.

Typical Salaries in Āgenskalns

Salaries in Āgenskalns reflect the local cost of living. Based on the neighborhood COLI of 26.6:

After tax and deductions of 30.5% in Latvia, take-home pay for someone earning €19,586 would be roughly €13,612/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

26.6
COLI Index
1.05x
vs City Avg
€490
Est. 1BR Rent
#4
of 17 Areas
30.5%
Total Deductions

Tax & Deductions in Āgenskalns

Estimated annual deductions on a €16,915 salary in Āgenskalns, Riga (local employee).

Income Tax
20%
Social Security
10.5%
Total Deductions: 30.5%
Est. Take-Home: €11,756/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Āgenskalns would need to be elsewhere:

City Currency Equivalent
New York USD $19,950
London GBP £17,169
Dubai AED AED 99,826

Other Neighborhoods in Riga

Neighborhood COLI Multiplier vs Avg
Old Riga (Vecrīga) 31.6 1.25x +25%
Quiet Centre 29.9 1.18x +18%
Mežaparks 27.8 1.10x +10%
Teika 24.0 0.95x -5%
Grīziņkalns 23.3 0.92x -8%

View all 17 neighborhoods in Riga →

Convert Your Salary

See exactly what you need to earn in Āgenskalns, Riga to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Āgenskalns:

Kristiine, Tallinn Viimsi, Tallinn District IX (Ferencváros), Budapest Kadıköy, Istanbul Sanur, Bali (Denpasar) Floreasca, Bucharest

Frequently Asked Questions

Is Āgenskalns expensive in Riga?

Āgenskalns is near the city average for Riga. Costs are about +5% vs the average, making it a mid-range neighborhood.

How does Āgenskalns compare to the Riga average?

The cost of living in Āgenskalns is above the Riga average. With a multiplier of 1.05x, everyday expenses including rent, food, and transportation are +5% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.