Manila VS Riga

Cost of Living & Salary Comparison 2026

Manila
Philippines
26.8
COLI Index
#90
Global Rank
PHP
Currency
Riga
Latvia
25.3
COLI Index
#95
Global Rank
EUR
Currency

Key Differences

Cost of Living
26.8
25.3
1BR Rent (USD/mo)
$500
$550
Total Deductions
21.4%
30.5%
Exchange Rate
1 PHP = 0.0151 EUR
Is Manila cheaper than Riga?

Yes, Riga is 6% cheaper than Manila based on our cost of living index. Riga has a COLI of 25.3, while Manila has a COLI of 26.8. 6% cheaper

Key Takeaways: Manila vs Riga

Overall, Riga is approximately 6% cheaper than Manila based on our cost of living index. Manila has a COLI of 26.8 (ranked #90 of 182 cities), while Riga has a COLI of 25.3 (ranked #95).

When it comes to housing, one-bedroom apartment rent in Manila averages $500/month compared to $550/month in Riga. That makes Manila approximately 9% cheaper for rent alone.

Manila has lower total deductions (21.4%) compared to Riga (30.5%), meaning you keep more of your gross salary in Manila. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Manila

Income Tax
16%
SSS + PhilHealth + Pag-IBIG
5.0%
Total: 21.4%Take-Home: ₱886,819/yr

Riga

Income Tax
20%
Social Security
10.5%
Total: 30.5%Take-Home: €11,182/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn ₱4,207,455 in Manila, you would need approximately €60,033 in Riga to maintain the same purchasing power. That is 6% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Manila (PHP) Riga (EUR)
Doctor (General) ₱2,706,235 €38,613
Software Engineer ₱1,277,944 €18,234
Product Manager ₱1,503,464 €21,452
Lawyer ₱1,503,464 €21,452
Data Scientist ₱1,428,291 €20,379
Marketing Manager ₱1,082,494 €15,445
Teacher ₱721,663 €10,297
Nurse ₱872,009 €12,442

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Manila (Top 5)

NeighborhoodMultiplier
Makati (CBD)1.28x (+28%)
BGC (Taguig)1.25x (+25%)
Rockwell1.22x (+22%)
Alabang1.10x (+10%)
Ortigas1.08x (+8%)

Riga (Top 5)

NeighborhoodMultiplier
Old Riga (Vecrīga)1.25x (+25%)
Quiet Centre1.18x (+18%)
Mežaparks1.10x (+10%)
Āgenskalns1.05x (+5%)
Teika0.95x (-5%)

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Frequently Asked Questions

Is Manila or Riga more expensive?

Manila is more expensive overall. Manila has a COLI of 26.8 while Riga has a COLI of 25.3, making Riga approximately 6% cheaper.

What salary in Riga equals ₱4,207,455 in Manila?

To maintain the same standard of living as ₱4,207,455 in Manila, you would need approximately €60,033 in Riga.

Is rent cheaper in Manila or Riga?

Average one-bedroom rent in Manila is $500/month compared to $550/month in Riga. Manila has lower rent by approximately 9%.

Which city has lower taxes, Manila or Riga?

Manila has lower total deductions (21.4%) compared to Riga (30.5%), meaning you keep more of your gross salary in Manila.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.