Skyline of Rēzekne
Cost of Living: 65 27,000

Rēzekne, Latvia

The heart of Latgale, a historic city in eastern Latvia known for its multicultural heritage, the Latgale Embassy, and the iconic Latgales Māra monument.

Updated July 19, 2026
Cost of Living 65

Below Average vs Latvia Avg (100)

Housing Index 58

Affordable

Median Income €12,000

Household income

Unemployment 10.0%

Job market health

Rēzekne vs Latvia Average

Cost of Living
Rēzekne: 65
Latvia Avg: 100
Housing Index
Rēzekne: 58
Latvia Avg: 100
Income Tax
Rēzekne: 20%

Taxes

  • Income Tax: 20.0%
  • VAT: 21.0%

Economy & Jobs

  • Median Income: €12,000
  • Unemployment: 10.0%
  • Population: 27,000

Climate

  • Sunny Days: 170/year
  • Summer High: 73°F
  • Winter Low: 20°F

Housing

  • Median Home: €60,000
  • 1BR Rent: €280/mo

Cost of Living

Rēzekne's cost of living index is 65 (Latvia average = 100).

CategoryRēzekneNational AverageDifference
Overall65100-35.0%
Housing58100-42.0%

Data source: CSP / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€60,000
Median Rent (1BR)€280/mo
Median Rent (2BR)€350/mo
Price per Sq Ft€40

Data source: SS.lv / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

%
$90,000 down
%
%

Utilities

Estimated monthly utility costs for a typical household in Rēzekne:

UtilityEstimated Monthly CostNotes
Electricity€40Based on ~3,500 kWh/year typical Latvian household usage
Heating & Cooling€148Estimated based on local climate. gas or district heating
Cooling (AC)N/AEstimated based on local climate and electricity rates
Water€20Includes sewer
Internet (100+ Mbps)€25Broadband average
Garbage / Trash€12Private service
Total Utilities€245Monthly estimate (including heating & cooling)

Data sources: SPRK, Latvenergo, LMT 2025

Best Neighborhoods

Downtown Rēzekne

The heart of the city with restaurants, shops, and entertainment. Average rent: €336/mo.

Rēzekne Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: €308/mo.

East Rēzekne

Up-and-coming neighborhood with new developments and young professionals. Average rent: €252/mo.

West Rēzekne

Family-friendly area with parks and good schools. Average rent: €266/mo.

Remote Work Score

Rēzekne scores —/100 for remote work readiness:

Cost of Living
65
Rent
€280
Sunny Days
170
Tax
20%
Unemployment
10.0%
Climate
73°F / 20°F

Climate

Rēzekne has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January40°F20°F2.5"
April58°F35°F2.8"
July73°F48°F1.5"
October53°F38°F2.2"

Taxes

  • Income Tax: 20%
  • VAT: 21%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 10.0%.

Crime & Safety

Crime rates in Rēzekne per 100,000 residents:

46.0
Violent Crime
793.6
Property Crime
2.4
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: Eurostat

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Rēzekne, Latvia?

The cost of living index in Rēzekne is 65, which is Lower the Latvia national average of 100.

How much does it cost to buy a home in Rēzekne?

The median home price in Rēzekne is €60,000. The housing index is 58.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Rēzekne is approximately €280/mo.

Does Rēzekne, RZ have income tax?

Rēzekne is in RZ, which has an income tax rate of 20%.

What is the climate like in Rēzekne?

Rēzekne enjoys approximately 170 sunny days per year. Summer highs reach around 73°F, while winter lows can drop to around 20°F.

Data Sources

  • Cost of Living: CSP / Numbeo, 2026
  • Housing Data: SS.lv / Numbeo, 2026
  • Income & Employment: CSP Labour Force Survey, 2024
  • Utilities SPRK, Latvenergo, LMT 2025

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.