How Do Salaries in Люксембург Compare to Латвия?

Люксембург pays 240% more than Латвия on average. The mean gross salary in Люксембург is 68 000 €/yr versus 20 000 €/yr in Латвия. Латвия has a lower cost of living index (34.2 vs 82.1).

🇱🇺 Люксембург
68 000 €
Average Salary
VS
Латвия
20 000 €
Average Salary
bolt Накратко
  • Люксембург pays 240% more than Латвия (68 000 € vs 20 000 €/yr)
  • Латвия has a lower cost of living index (34.2 vs 82.1)
  • Люксембург has lower minimum tax rates (Люксембург: 0-42%, Латвия: 20-31%)

Side-by-Side Comparison

🇱🇺 Люксембург Латвия
Average Salary 68 000 €/yr 20 000 €/yr
Minimum Wage €14.86/hr €4.27/hr
Income Tax Rate 0-42% 20-31%
Cost of Living Index 82.1 34.2

Salary Difference

🇱🇺 Люксембург
68 000 €
Латвия
20 000 €
trending_up +240% (48 000 €/yr)

Which Country Is Better?

payments

Higher Average Salary

🇱🇺 Люксембург

Люксембург offers 240% higher average salaries (68 000 € vs 20 000 €/yr).

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Lower Tax Rates

🇱🇺 Люксембург

Люксембург 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 82.1, meaning everyday expenses are more affordable.

Salary by Sector: Люксембург vs Латвия

Sector 🇱🇺 Люксембург Латвия Edge
Technology & IT 90 000 € 26 000 € 🇱🇺 +246%
Finance & Banking 98 000 € 24 000 € 🇱🇺 +308%
Healthcare 72 000 € 16 000 € 🇱🇺 +350%
Engineering 82 000 € 20 000 € 🇱🇺 +310%
Education 78 000 € 14 000 € 🇱🇺 +457%
Manufacturing 68 000 € 14 000 € 🇱🇺 +386%

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

Which Country Pays More — By Job Category

#1 Finance & Banking 🇱🇺 Люксембург 98 000 € vs 24 000 € — Люксембург higher by 308%
#2 Technology & IT 🇱🇺 Люксембург 90 000 € vs 26 000 € — Люксембург higher by 246%
#3 Education 🇱🇺 Люксембург 78 000 € vs 14 000 € — Люксембург higher by 457%
#4 Engineering 🇱🇺 Люксембург 82 000 € vs 20 000 € — Люксембург higher by 310%
#5 Healthcare 🇱🇺 Люксембург 72 000 € vs 16 000 € — Люксембург higher by 350%
🇱🇺 Люксембург View full salary profile → Латвия View full salary profile →

Related Country Comparisons

🇱🇺 Люксембург vs 🇩🇪 Германия 🇱🇺 Люксембург vs 🇫🇷 Франция 🇱🇺 Люксембург 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, Люксембург or Латвия?

Люксембург pays 240% more on average. The mean gross salary is 68 000 €/yr in Люксембург compared to 20 000 €/yr in Латвия.

What is the minimum wage in Люксембург vs Латвия?

The minimum wage in Люксембург is €14.86/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 Люксембург compared to Латвия?

Income tax rates in Люксембург range from 0-42% 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 Люксембург or Латвия?

Люксембург has a cost of living index of 82.1 while Латвия has 34.2. Латвия is more affordable for everyday expenses like rent, groceries, and transportation.

Is the salary data for Люксембург 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.