Cost of living in Managua, Nicaragua vs Caracas, Venezuela
WARNING! Caracas has artificial and unrealistic official exchange rates. You can also get this comparison using the parallel street rate in Caracas.
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,119 prices entered by 195 different people.
These prices were last updated on March 06, 2021. Exchange rate: 7710.823 VES / NIO *
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Cost of living in Managua (Nicaragua) is 141% more expensive than in Caracas (Venezuela)
For example, you would need at least 1,247,482,565 Bs.S. (161,783 C$) in Managua to maintain the same standard of living that you can have with 517,000,000 Bs.S. in Caracas.
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