Is Sarkandaugava Expensive?

Riga, Latvia

-20% vs Riga avg

Living in Sarkandaugava, Riga

Sarkandaugava is a relatively affordable area in Riga, with a cost of living index of 20.2 — that is -20% compared to the Riga average. At #9 of 17, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around €373/month, compared to a range of €317 in Dreiliņi to €583 in Old Riga (Vecrīga).

Monthly Budget Breakdown

For a typical resident of Sarkandaugava, housing takes up roughly 34% 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 €14,923 before tax.

Typical Salaries in Sarkandaugava

Salaries in Sarkandaugava reflect the local cost of living. Based on the neighborhood COLI of 20.2:

After tax and deductions of 30.5% in Latvia, take-home pay for someone earning €14,923 would be roughly €10,371/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

20.2
COLI Index
0.80x
vs City Avg
€373
Est. 1BR Rent
#9
of 17 Areas
30.5%
Total Deductions

Tax & Deductions in Sarkandaugava

Estimated annual deductions on a €12,846 salary in Sarkandaugava, Riga (local employee).

Income Tax
20%
Social Security
10.5%
Total Deductions: 30.5%
Est. Take-Home: €8,928/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $15,150
London GBP £13,038
Dubai AED AED 75,807

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%
Āgenskalns 26.6 1.05x +5%
Teika 24.0 0.95x -5%

View all 17 neighborhoods in Riga →

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Compare Sarkandaugava

Sarkandaugava vs Dreiliņi Sarkandaugava vs Old Riga (Vecrīga)

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Sarkandaugava:

Bronowice, Krakow Czyżyny, Krakow Gianyar, Bali (Denpasar) La Candelaria, Bogotá La Soledad, Bogotá Modelia, Bogotá

Frequently Asked Questions

Is Sarkandaugava expensive in Riga?

Sarkandaugava is one of the more affordable neighborhoods in Riga. It costs about -20% less than the city average, ranking #9 out of 17 neighborhoods.

How does Sarkandaugava compare to the Riga average?

The cost of living in Sarkandaugava is below the Riga average. With a multiplier of 0.80x, everyday expenses including rent, food, and transportation are -20% 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.