Cyprus vs Latvia: tax rates and take-home pay (2026)
On €88,000 (about €88,000) you take home €63,442 in Cyprus and €60,359 in Latvia (about €60,359) — Cyprus leaves you 5% more.
Take-home pay at eight salary levels
| Salary (USD) | Cyprus | Latvia | Difference |
|---|---|---|---|
| $25K | €19,481 | €16,352 | Cyprus +19% |
| $40K | €29,194 | €25,020 | Cyprus +17% |
| $60K | €40,953 | €37,022 | Cyprus +11% |
| $80K | €51,557 | €48,357 | Cyprus +7% |
| $100K | €63,442 | €60,359 | Cyprus +5% |
| $150K | €90,019 | €88,364 | Cyprus +2% |
| $200K | €121,658 | €121,702 | About the same |
| $300K | €173,658 | €173,244 | About the same |
Cost of living
Compare the cost of living in Limassol and RigaMore comparisons
More for Cyprus
More for Latvia
Frequently asked questions
Is tax higher in Cyprus or Latvia?
At €88,000, Cyprus takes less of your pay: you keep 72% there, against 69% in Latvia.
What is the top tax rate in Cyprus and Latvia?
The top income tax rate is 35% in Cyprus and 40.6% in Latvia.
How much do I take home on €88,000 in each?
On €88,000 (about €88,000) you take home €63,442 in Cyprus and €60,359 in Latvia (about €60,359).
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details