Cost of living in Nicaragua compared to Italy
Currency:
Food | - 37% | |||
---|---|---|---|---|
Food in Nicaragua is 37% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 340 C$ (€8) | €17 | - 50% | |
Combo meal in fast food restaurant (big mac meal or similar) | 251 C$ (€6) | €10 | - 38% | |
500 gr (1 lb.) of boneless chicken breast | 99 C$ (€2.46) | €5.52 | - 55% | |
1 liter (1 qt.) of whole fat milk | 48 C$ (€1.21) | €1.48 | - 18% | |
12 eggs, large | 67 C$ (€1.66) | €3.71 | - 55% | |
1 kg (2 lb.) of tomatoes | 66 C$ (€1.64) | €3.03 | - 46% | |
500 gr (16 oz.) of local cheese | 91 C$ (€2.28) | €7 | - 69% | |
1 kg (2 lb.) of apples | 169 C$ (€4.21) | €2.27 | + 85% | |
1 kg (2 lb.) of potatoes | 88 C$ (€2.20) | €1.75 | + 26% | |
0.5 l (16 oz) domestic beer in the supermarket | 47 C$ (€1.16) | €1.56 | - 25% | |
1 bottle of red table wine, good quality | 723 C$ (€18) | €7 | + 174% | |
2 liters of coca-cola | 47 C$ (€1.18) | €2.30 | - 49% | |
Bread for 2 people for 1 day | 24 C$ (€0.60) | €1.74 | - 65% | |
Housing | - 63% | |||
Housing in Nicaragua is 63% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 22,243 C$ (€555) | €1,937 | - 71% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 12,702 C$ (€317) | €1,271 | - 75% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,405 C$ (€35) | €198 | - 82% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 20,097 C$ (€501) | €1,175 | - 57% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 9,138 C$ (€228) | €797 | - 71% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 2,608 C$ (€65) | €130 | - 50% | |
Internet 8 mbps (1 month) | 850 C$ (€21) | €26 | - 20% | |
40” flat screen tv | 11,705 C$ (€292) | €335 | - 13% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 3,863 C$ (€96) | €132 | - 27% | |
Laundry detergent (3 l. ~ 100 oz.) | 233 C$ (€5.82) | €7 | - 18% | |
Hourly rate for cleaning help | 139 C$ (€3.46) | €11 | - 68% | |
Clothes | - 20% | |||
Clothes in Nicaragua is 20% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
1 pair of jeans (levis 501 or similar) | 1,831 C$ (€46) | €77 | - 41% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 1,330 C$ (€33) | €34 | - 2% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 3,209 C$ (€80) | €90 | - 11% | |
1 pair of men’s leather business shoes | 2,922 C$ (€73) | €117 | - 38% | |
Transportation | - 7% | |||
Transportation in Nicaragua is 7% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 538,002 C$ (€13,413) | €30,879 | - 57% | |
1 liter (1/4 gallon) of gas | 48 C$ (€1.20) | €1.84 | - 35% | |
Monthly ticket public transport | 1,979 C$ (€49) | €37 | + 34% | |
Personal Care | - 56% | |||
Personal Care in Nicaragua is 56% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 180 C$ (€4.50) | €10 | - 55% | |
1 box of antibiotics (12 doses) | 270 C$ (€7) | €10 | - 30% | |
Short visit to private doctor (15 minutes) | 903 C$ (€23) | €105 | - 79% | |
1 box of 32 tampons (tampax, ob, ...) | 104 C$ (€2.60) | €6 | - 59% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 74 C$ (€1.84) | €4.20 | - 56% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 132 C$ (€3.29) | €3.51 | - 6% | |
4 rolls of toilet paper | 97 C$ (€2.41) | €3.36 | - 28% | |
Tube of toothpaste | 70 C$ (€1.75) | €2.90 | - 40% | |
Standard men's haircut in expat area of the city | 195 C$ (€4.86) | €20 | - 76% | |
Entertainment | - 62% | |||
Entertainment in Nicaragua is 62% cheaper than in Italy | ||||
Nicaragua | Italy | Diff | ||
Basic dinner out for two in neighborhood pub | 422 C$ (€11) | €39 | - 73% | |
2 tickets to the movies | 406 C$ (€10) | €19 | - 48% | |
2 tickets to the theater (best available seats) | 700 C$ (€17) | €78 | - 78% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,278 C$ (€32) | €75 | - 57% | |
1 cocktail drink in downtown club | 223 C$ (€5.55) | €10 | - 42% | |
Cappuccino in expat area of the city | 127 C$ (€3.18) | €1.81 | + 76% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 69 C$ (€1.72) | €5.39 | - 68% | |
Ipad wi-fi 128gb | 16,876 C$ (€421) | €830 | - 49% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 2.00 C$ (€0.05) | €0.34 | - 86% | |
1 month of gym membership in business district | 1,167 C$ (€29) | €56 | - 48% | |
1 package of marlboro cigarettes | 133 C$ (€3.32) | €6 | - 45% | |
TOTAL | - 43% |
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,854 prices entered by 245 different people.
These prices were last updated on March 18, 2024.
Exchange rate:
0.02493
EUR
/
NIO
Cost of living in Nicaragua is 43% cheaper than in Italy
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