Cost of living in Nicaragua compared to Nigeria
Currency:
| Food | - 8% | |||
|---|---|---|---|---|
| Food in Nicaragua is 8% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 261 C$ (3,258 ₦) | 2,387 ₦ | + 36% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 246 C$ (3,072 ₦) | 2,318 ₦ | + 33% | |
| 500 gr (1 lb.) of boneless chicken breast | 65 C$ (816 ₦) | 1,522 ₦ | - 46% | |
| 1 liter (1 qt.) of whole fat milk | 39 C$ (487 ₦) | 1,222 ₦ | - 60% | |
| 12 eggs, large | 76 C$ (944 ₦) | 939 ₦ | + 0% | |
| 1 kg (2 lb.) of tomatoes | 80 C$ (1,001 ₦) | 1,033 ₦ | - 3% | |
| 500 gr (16 oz.) of local cheese | 84 C$ (1,051 ₦) | 1,734 ₦ | - 39% | |
| 1 kg (2 lb.) of apples | 99 C$ (1,238 ₦) | 2,062 ₦ | - 40% | |
| 1 kg (2 lb.) of potatoes | 87 C$ (1,090 ₦) | 1,536 ₦ | - 29% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 48 C$ (594 ₦) | 450 ₦ | + 32% | |
| 1 bottle of red table wine, good quality | 538 C$ (6,721 ₦) | 4,511 ₦ | + 49% | |
| 2 liters of coca-cola | 47 C$ (586 ₦) | 580 ₦ | + 1% | |
| Bread for 2 people for 1 day | 30 C$ (376 ₦) | 554 ₦ | - 32% | |
| Housing | - 70% | |||
| Housing in Nicaragua is 70% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 16,110 C$ (201,181 ₦) | 1,384,300 ₦ | - 85% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 12,062 C$ (150,624 ₦) | 550,613 ₦ | - 73% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,502 C$ (18,762 ₦) | 29,483 ₦ | - 36% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 15,948 C$ (199,150 ₦) | 532,585 ₦ | - 63% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 9,561 C$ (119,400 ₦) | 284,622 ₦ | - 58% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 921 C$ (11,500 ₦) | 9,353 ₦ | + 23% | |
| Internet 8 mbps (1 month) | 592 C$ (7,394 ₦) | 18,452 ₦ | - 60% | |
| 40” flat screen tv | 15,145 C$ (189,126 ₦) | 95,780 ₦ | + 97% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 5,762 C$ (71,948 ₦) | 31,540 ₦ | + 128% | |
| Laundry detergent (3 l. ~ 100 oz.) | 161 C$ (2,008 ₦) | 5,479 ₦ | - 63% | |
| Hourly rate for cleaning help | 182 C$ (2,277 ₦) | 1,500 ₦ | + 52% | |
| Clothes | - 1% | |||
| Clothes in Nicaragua is about the same as in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 1,152 C$ (14,384 ₦) | 8,961 ₦ | + 61% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 794 C$ (9,920 ₦) | 11,056 ₦ | - 10% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 2,144 C$ (26,779 ₦) | 25,787 ₦ | + 4% | |
| 1 pair of men’s leather business shoes | 1,748 C$ (21,825 ₦) | 26,918 ₦ | - 19% | |
| Transportation | - 62% | |||
| Transportation in Nicaragua is 62% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 540,852 C$ (6,753,996 ₦) | 23,442,500 ₦ | - 71% | |
| 1 liter (1/4 gallon) of gas | 44 C$ (551 ₦) | 256 ₦ | + 116% | |
| Monthly ticket public transport | 270 C$ (3,369 ₦) | 19,283 ₦ | - 83% | |
| Personal Care | + 30% | |||
| Personal Care in Nicaragua is 30% more expensive than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 158 C$ (1,977 ₦) | 383 ₦ | + 417% | |
| 1 box of antibiotics (12 doses) | 288 C$ (3,600 ₦) | 1,629 ₦ | + 121% | |
| Short visit to private doctor (15 minutes) | 724 C$ (9,047 ₦) | 19,489 ₦ | - 54% | |
| 1 box of 32 tampons (tampax, ob, ...) | 262 C$ (3,271 ₦) | 2,247 ₦ | + 46% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 87 C$ (1,080 ₦) | 835 ₦ | + 29% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 166 C$ (2,071 ₦) | 1,660 ₦ | + 25% | |
| 4 rolls of toilet paper | 92 C$ (1,145 ₦) | 651 ₦ | + 76% | |
| Tube of toothpaste | 36 C$ (444 ₦) | 617 ₦ | - 28% | |
| Standard men's haircut in expat area of the city | 283 C$ (3,537 ₦) | 1,692 ₦ | + 109% | |
| Entertainment | + 16% | |||
| Entertainment in Nicaragua is 16% more expensive than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 404 C$ (5,049 ₦) | 8,546 ₦ | - 41% | |
| 2 tickets to the movies | 320 C$ (3,992 ₦) | 5,412 ₦ | - 26% | |
| 2 tickets to the theater (best available seats) | 1,500 C$ (18,732 ₦) | 8,826 ₦ | + 112% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,952 C$ (24,381 ₦) | 17,024 ₦ | + 43% | |
| 1 cocktail drink in downtown club | 234 C$ (2,927 ₦) | 3,233 ₦ | - 9% | |
| Cappuccino in expat area of the city | 120 C$ (1,498 ₦) | 1,074 ₦ | + 40% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 48 C$ (595 ₦) | 500 ₦ | + 19% | |
| Ipad wi-fi 128gb | 16,876 C$ (210,740 ₦) | 182,671 ₦ | + 15% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 3.86 C$ (48 ₦) | 24 ₦ | + 103% | |
| 1 month of gym membership in business district | 1,314 C$ (16,412 ₦) | 19,892 ₦ | - 17% | |
| 1 package of marlboro cigarettes | 128 C$ (1,595 ₦) | 505 ₦ | + 216% | |
| TOTAL | - 45% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 722 prices entered by 92 different people.
These prices were last updated on February 04, 2023.
Exchange rate:
12.488
NGN
/
NIO
*
Cost of living in Nicaragua is 45% cheaper than in Nigeria
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