How Do Salaries in Австрия Compare to Латвия?

Австрия pays 150% more than Латвия on average. The mean gross salary in Австрия is 50 000 €/yr versus 20 000 €/yr in Латвия. Латвия has a lower cost of living index (34.2 vs 64).

🇦🇹 Австрия
50 000 €
Average Salary
VS
Латвия
20 000 €
Average Salary
bolt Накратко
  • Австрия pays 150% more than Латвия (50 000 € vs 20 000 €/yr)
  • Латвия has a lower cost of living index (34.2 vs 64)
  • Австрия has lower minimum tax rates (Австрия: 20-55%, Латвия: 20-31%)

Side-by-Side Comparison

🇦🇹 Австрия Латвия
Average Salary 50 000 €/yr 20 000 €/yr
Minimum Wage €10.90/hr €4.27/hr
Income Tax Rate 20-55% 20-31%
Cost of Living Index 64 34.2

Salary Difference

🇦🇹 Австрия
50 000 €
Латвия
20 000 €
trending_up +150% (30 000 €/yr)

Which Country Is Better?

payments

Higher Average Salary

🇦🇹 Австрия

Австрия offers 150% higher average salaries (50 000 € vs 20 000 €/yr).

receipt_long

Lower Tax Rates

🇦🇹 Австрия

Австрия has lower starting tax rates, which can mean more take-home pay at lower income brackets.

shopping_cart

Lower Cost of Living

Латвия

Латвия has a cost of living index of 34.2 compared to 64, meaning everyday expenses are more affordable.

Salary by Sector: Австрия vs Латвия

Sector 🇦🇹 Австрия Латвия Edge
Technology & IT 68 000 € 26 000 € 🇦🇹 +162%
Finance & Banking 66 000 € 24 000 € 🇦🇹 +175%
Healthcare 54 000 € 16 000 € 🇦🇹 +238%
Engineering 60 000 € 20 000 € 🇦🇹 +200%
Education 52 000 € 14 000 € 🇦🇹 +271%
Manufacturing 50 000 € 14 000 € 🇦🇹 +257%

Average annual gross salary in EUR. Source: Eurostat SES 2022/2024, national statistics offices.

Which Country Pays More — By Job Category

#1 Technology & IT 🇦🇹 Австрия 68 000 € vs 26 000 € — Австрия higher by 162%
#2 Finance & Banking 🇦🇹 Австрия 66 000 € vs 24 000 € — Австрия higher by 175%
#3 Engineering 🇦🇹 Австрия 60 000 € vs 20 000 € — Австрия higher by 200%
#4 Healthcare 🇦🇹 Австрия 54 000 € vs 16 000 € — Австрия higher by 238%
#5 Education 🇦🇹 Австрия 52 000 € vs 14 000 € — Австрия higher by 271%
🇦🇹 Австрия View full salary profile → Латвия View full salary profile →

Related Country Comparisons

🇦🇹 Австрия vs 🇩🇪 Германия 🇦🇹 Австрия vs 🇫🇷 Франция 🇦🇹 Австрия vs 🇪🇸 Испания Латвия vs 🇳🇱 Нидерландия Латвия vs 🇧🇪 Белгия Латвия vs 🇮🇹 Италия

Data Sources & Methodology

This salary comparison is compiled from multiple verified sources:

account_balance Eurostat

EU Labour Force Survey & Structure of Earnings Survey

work Job Postings

50+ European job boards, 100K+ listings/month

group Anonymous Reports

User-submitted, validated against statistical models

Last updated: April 2026

Често задавани въпроси

Which country pays more, Австрия or Латвия?

Австрия pays 150% more on average. The mean gross salary is 50 000 €/yr in Австрия compared to 20 000 €/yr in Латвия.

What is the minimum wage in Австрия vs Латвия?

The minimum wage in Австрия is €10.90/hr and in Латвия it is €4.27/hr. Note that some countries like Italy and Sweden have no statutory minimum wage — wages are set by collective agreements instead.

What are the tax rates in Австрия compared to Латвия?

Income tax rates in Австрия range from 20-55% while in Латвия they range from 20-31%. Effective tax rates depend on income level, deductions, and personal circumstances.

Is cost of living higher in Австрия or Латвия?

Австрия has a cost of living index of 64 while Латвия has 34.2. Латвия is more affordable for everyday expenses like rent, groceries, and transportation.

Is the salary data for Австрия and Латвия reliable?

Yes. EuroSalary aggregates data from Eurostat, verified job postings from 50+ European job boards, and validated anonymous salary reports. Data is updated regularly and cross-referenced with official EU statistics for 2026.