Disposable income much higher in Tallinn compared to Riga, Vilnius (2)

4/27/2015 6:34 PM
Category: Economy

The research conducted by Swedbank shows that households spend less money on food, accommodation and transport in the Estonian capital than in Latvian and Lithuanian capitals.

Four-member family spends on minimum 499 euros in Tallinn, 513 euros in Vilnius and 591 euros in Riga on food, accommodation and public transport. Furthermore, the incomes are much higher in Tallinn.

After deducting the costs, families in Tallinn will have 74 percent of their income at their disposal – 1,455 euros on average. By contrast, the same size families in Riga would have 56 percent, or 751 euros, and those in Vilnius 59 percent or 723 euros left.

Inhabitants in Tallinn have larger disposable income because the average earnings per family – child allowance included - are 1,953 euros per month, against 1,342 euros in Riga and 1,236 euros in Vilnius.

Compared to last year, the disposable income has increased by 9 percent in Tallinn, 8 percent in Riga and 4 percent in Vilnius.

The biggest expense in all three capital cities is food, although in Tallinn and Riga, the expenditure on edibles has decreased by 6 percent, while in Vilnius it has increased by one percent. While the public transport is free in Tallinn, in Riga the average cost has gone up by 25 percent, with families spending on average 100 euros per month on transport.

The utilities in a 70 square meter apartment cost on average 200 euros per month in Tallinn, 179 euros in Riga and 158 euros in Vilnius.

S. Tambur

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