Latvia
Everything you need to calculate life in Latvia: net salary, income tax, VAT, living costs, fuel and electricity prices, and public holidays — all pre-configured with local 2025 data.
Key figures
- Capital
- Riga
- Currency
- EUR
- Population
- 1,870,000
- Standard VAT
- 21%
- Top income tax rate
- 33%
- Petrol price
- €1.55/L
- Electricity
- €0.22/kWh
- Avg. monthly living cost
- €1,135
Calculators for Latvia
Salary Calculator
Convert gross to net salary with tax and social contributions for any European country.
Preset for Latvia
Income Tax Calculator
Calculate income tax with progressive brackets by country and tax year.
Preset for Latvia
Mortgage Calculator
Monthly payment, total interest and amortization summary for your home loan.
Pension Calculator
Project your retirement savings from monthly contributions and returns.
Working Days Calculator
Count working days between two dates, excluding weekends and public holidays.
Preset for Latvia
Public Holidays Calculator
Public holidays by country and year, with business days remaining.
Preset for Latvia
Schengen 90/180 Calculator
Track your Schengen days under the 90/180 rule with full travel history.
Electricity Cost Calculator
Monthly and yearly electricity cost from usage and price per kWh.
Preset for Latvia
Rent Affordability Calculator
Check what share of your income goes to rent and what you can afford.
Cost of Living Calculator
Estimate monthly living costs by category for any European country.
Preset for Latvia
Income tax brackets (2025)
| Taxable income (EUR) | Marginal rate |
|---|---|
| €0 – €105,300 | 25.5% |
| €105,300 – and above | 33% |
Tax-free allowance: €6,120. Employee social contributions: 10.5%. Fixed non-taxable minimum of EUR 510/month from 2025.
Average monthly living costs
Housing (1-bed rent)
€450
Food & groceries
€320
Transport
€30
Utilities
€190
Entertainment
€110
Healthcare
€35
National averages for a single person, ≈ €1,135 per month in total. Personalize this budget →
Public holidays in Latvia (2026)
| Holiday | Date | Day |
|---|---|---|
| New Year's Day | 1 January 2026 | Thursday |
| Good Friday | 3 April 2026 | Friday |
| Easter Monday | 6 April 2026 | Monday |
| Labour Day | 1 May 2026 | Friday |
| Restoration of Independence Day | 4 May 2026 | Monday |
| Midsummer Eve (Līgo) | 23 June 2026 | Tuesday |
| Midsummer Day (Jāņi) | 24 June 2026 | Wednesday |
| Proclamation Day | 18 November 2026 | Wednesday |
| Christmas Eve | 24 December 2026 | Thursday |
| Christmas Day | 25 December 2026 | Friday |
| Second Day of Christmas | 26 December 2026 | Saturday |
| New Year's Eve | 31 December 2026 | Thursday |