Cost of living in New York City (United States) is 203% more expensive than in Managua (Nicaragua)
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 4,935 prices entered by 1,279 different people.
For example, you would need at least 175,787 C$ ($5,695) in New York City to maintain the same standard of living that you can have with 58,000 C$ in Managua.