HomePricePeek

Riga vs Tehran

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Riga vs Tehran

Tehran is 20% more affordable for homebuyers. Riga has a price-to-income ratio of 6.5x compared to 15.5x in Tehran.

MetricRigaTehran
Avg Home Price$150,000$120,000
Price / sqm$2,500$2,200
Rent (1BR)$500/mo$350/mo
Rent (3BR)$850/mo$650/mo
Price-to-Income6.5x15.5x
Mortgage Rate5.5%23.0%
1yr Change+4.8%+25.0%
Median Income$23,000/yr$8,000/yr
Population630,0009,000,000
RigaView full details โ†’TehranView full details โ†’
๐Ÿ“Š
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 Tehran more expensive?
Tehran is more affordable. Home prices differ by $30,000 (20%).
Which city has cheaper rent, Riga or Tehran?
Rent for a 1BR in Riga is $500/mo vs $350/mo in Tehran.

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