Latvia vs Luxembourg: tax rates and take-home pay (2026)
On €88,000 (about €88,000) you take home €60,359 in Latvia and €58,222 in Luxembourg (about €58,222) — Latvia leaves you 4% more.
You keep more in Luxembourg up to about €70,000, and more in Latvia above that.
Take-home pay at eight salary levels
| Salary | Latvia | Luxembourg | Difference |
|---|---|---|---|
| $25,011€22,000 | $18,590€16,352 | $21,903€19,266 | Luxembourg +18% |
| $39,791€35,000 | $28,445€25,020 | $33,361€29,344 | Luxembourg +17% |
| $60,255€53,000 | $42,090€37,022 | $46,215€40,651 | Luxembourg +10% |
| $79,582€70,000 | $54,976€48,357 | $56,044€49,296 | Luxembourg +2% |
| $100,045€88,000 | $68,621€60,359 | $66,191€58,222 | Latvia +4% |
| $147,794€130,000 | $100,459€88,364 | $90,412€79,526 | Latvia +11% |
| $204,638€180,000 | $138,361€121,702 | $119,867€105,435 | Latvia +15% |
| $295,589€260,000 | $196,958€173,244 | $169,678€149,249 | Latvia +16% |
Cost of living
Compare the cost of living in Riga and LuxembourgMore comparisons
More for Latvia
More for Luxembourg
Frequently asked questions
Is tax higher in Latvia or Luxembourg?
At €88,000, Latvia takes less of your pay: you keep 69% there, against 66% in Luxembourg.
What is the top tax rate in Latvia and Luxembourg?
The top income tax rate is 40.6% in Latvia and 45.8% in Luxembourg.
How much do I take home on €88,000 in each?
On €88,000 (about €88,000) you take home €60,359 in Latvia and €58,222 in Luxembourg (about €58,222).
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details