How Do Salaries in Латвия Compare to Кипър?

Кипър pays 40% more than Латвия on average. The mean gross salary in Латвия is 20 000 €/yr versus 28 000 €/yr in Кипър. Латвия has a lower cost of living index (34.2 vs 52.1).

Латвия
20 000 €
Average Salary
VS
Кипър
28 000 €
Average Salary
bolt Накратко
  • Кипър pays 40% more than Латвия (28 000 € vs 20 000 €/yr)
  • Латвия has a lower cost of living index (34.2 vs 52.1)
  • Кипър has lower minimum tax rates (Латвия: 20-31%, Кипър: 0-35%)

Side-by-Side Comparison

Латвия Кипър
Average Salary 20 000 €/yr 28 000 €/yr
Minimum Wage €4.27/hr €5.50/hr
Income Tax Rate 20-31% 0-35%
Cost of Living Index 34.2 52.1

Salary Difference

Латвия
20 000 €
Кипър
28 000 €
trending_up +40% (8000 €/yr)

Which Country Is Better?

payments

Higher Average Salary

Кипър

Кипър offers 40% higher average salaries (28 000 € vs 20 000 €/yr).

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Lower Tax Rates

Кипър

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

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Lower Cost of Living

Латвия

Латвия has a cost of living index of 34.2 compared to 52.1, meaning everyday expenses are more affordable.

Salary by Sector: Латвия vs Кипър

Sector Латвия Кипър Edge
Technology & IT 26 000 € 34 000 € +31%
Finance & Banking 24 000 € 36 000 € +50%
Healthcare 16 000 € 28 000 € +75%
Engineering 20 000 € 28 000 € +40%
Education 14 000 € 24 000 € +71%
Manufacturing 14 000 € 22 000 € +57%

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

Which Country Pays More — By Job Category

#1 Finance & Banking Кипър 24 000 € vs 36 000 € — Кипър higher by 50%
#2 Healthcare Кипър 16 000 € vs 28 000 € — Кипър higher by 75%
#3 Education Кипър 14 000 € vs 24 000 € — Кипър higher by 71%
#4 Technology & IT Кипър 26 000 € vs 34 000 € — Кипър higher by 31%
#5 Engineering Кипър 20 000 € vs 28 000 € — Кипър higher by 40%
Латвия View full salary profile → Кипър View full salary profile →

Related Country Comparisons

Латвия vs 🇩🇪 Германия Латвия vs 🇫🇷 Франция Латвия vs 🇪🇸 Испания Кипър vs 🇳🇱 Нидерландия Кипър vs 🇧🇪 Белгия Кипър 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, Латвия or Кипър?

Кипър pays 40% more on average. The mean gross salary is 28 000 €/yr in Кипър compared to 20 000 €/yr in Латвия.

What is the minimum wage in Латвия vs Кипър?

The minimum wage in Латвия is €4.27/hr and in Кипър it is €5.50/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 Латвия compared to Кипър?

Income tax rates in Латвия range from 20-31% while in Кипър they range from 0-35%. Effective tax rates depend on income level, deductions, and personal circumstances.

Is cost of living higher in Латвия or Кипър?

Латвия has a cost of living index of 34.2 while Кипър has 52.1. Латвия is more affordable for everyday expenses like rent, groceries, and transportation.

Is the salary data for Латвия and Кипър 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.