HomePricePeek

Nagoya vs Riga

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Nagoya vs Riga

Riga is 46% more affordable for homebuyers. Nagoya has a price-to-income ratio of 7.2x compared to 6.5x in Riga.

MetricNagoyaRiga
Avg Home Price$280,000$150,000
Price / sqm$4,500$2,500
Rent (1BR)$700/mo$500/mo
Rent (3BR)$1,200/mo$850/mo
Price-to-Income7.2x6.5x
Mortgage Rate1.5%5.5%
1yr Change+3.8%+4.8%
Median Income$39,000/yr$23,000/yr
Population2,300,000630,000
NagoyaView full details โ†’RigaView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Nagoya or Riga more expensive?
Riga is more affordable. Home prices differ by $130,000 (46%).
Which city has cheaper rent, Nagoya or Riga?
Rent for a 1BR in Nagoya is $700/mo vs $500/mo in Riga.

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