HomePricePeek

Riga vs Tbilisi

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Riga vs Tbilisi

Tbilisi is 37% more affordable for homebuyers. Riga has a price-to-income ratio of 6.5x compared to 5.8x in Tbilisi.

MetricRigaTbilisi
Avg Home Price$150,000$95,000
Price / sqm$2,500$1,500
Rent (1BR)$500/mo$400/mo
Rent (3BR)$850/mo$700/mo
Price-to-Income6.5x5.8x
Mortgage Rate5.5%11.5%
1yr Change+4.8%+12.5%
Median Income$23,000/yr$16,000/yr
Population630,0001,200,000
RigaView full details โ†’TbilisiView 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 Riga or Tbilisi more expensive?
Tbilisi is more affordable. Home prices differ by $55,000 (37%).
Which city has cheaper rent, Riga or Tbilisi?
Rent for a 1BR in Riga is $500/mo vs $400/mo in Tbilisi.

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