Cost of living in Nicaragua compared to Nigeria
Currency:
| Food | - 12% | |||
|---|---|---|---|---|
| Food in Nicaragua is 12% cheaper than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 232 C$ (2,453 ₦) | 2,102 ₦ | + 17% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 196 C$ (2,076 ₦) | 1,690 ₦ | + 23% | |
| 500 gr (1 lb.) of boneless chicken breast | 65 C$ (690 ₦) | 1,000 ₦ | - 31% | |
| 1 liter (1 qt.) of whole fat milk | 29 C$ (304 ₦) | 802 ₦ | - 62% | |
| 12 eggs, large | 71 C$ (747 ₦) | 608 ₦ | + 23% | |
| 1 kg (2 lb.) of tomatoes | 34 C$ (355 ₦) | 686 ₦ | - 48% | |
| 500 gr (16 oz.) of local cheese | 64 C$ (678 ₦) | 2,314 ₦ | - 71% | |
| 1 kg (2 lb.) of apples | 100 C$ (1,062 ₦) | 1,142 ₦ | - 7% | |
| 1 kg (2 lb.) of potatoes | 30 C$ (319 ₦) | 652 ₦ | - 51% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 35 C$ (368 ₦) | 324 ₦ | + 14% | |
| 1 bottle of red table wine, good quality | 428 C$ (4,531 ₦) | 2,829 ₦ | + 60% | |
| 2 liters of coca-cola | 40 C$ (425 ₦) | 360 ₦ | + 18% | |
| Bread for 2 people for 1 day | 19 C$ (198 ₦) | 353 ₦ | - 44% | |
| Housing | - 31% | |||
| Housing in Nicaragua is 31% cheaper than in Nigeria | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 23,294 C$ (246,729 ₦) | 450,052 ₦ | - 45% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 9,796 C$ (103,753 ₦) | 277,945 ₦ | - 63% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,880 C$ (19,918 ₦) | 20,990 ₦ | - 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 8,815 C$ (93,369 ₦) | 336,264 ₦ | - 72% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 5,327 C$ (56,425 ₦) | 265,218 ₦ | - 79% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 938 C$ (9,937 ₦) | 12,211 ₦ | - 19% | |
| Internet 8 mbps (1 month) | 1,700 C$ (18,005 ₦) | 8,757 ₦ | + 106% | |
| 40” flat screen tv | 19,946 C$ (211,261 ₦) | 84,820 ₦ | + 149% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 3,845 C$ (40,729 ₦) | 31,502 ₦ | + 29% | |
| Laundry detergent (3 l. ~ 100 oz.) | 233 C$ (2,465 ₦) | 1,122 ₦ | + 120% | |
| Hourly rate for cleaning help | 294 C$ (3,111 ₦) | 1,149 ₦ | + 171% | |
| Clothes | - 8% | |||
| Clothes in Nicaragua is 8% cheaper than in Nigeria | ||||
| 1 pair of jeans (levis 501 or similar) | 1,433 C$ (15,173 ₦) | 7,198 ₦ | + 111% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 650 C$ (6,886 ₦) | 10,494 ₦ | - 34% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 2,109 C$ (22,341 ₦) | 14,247 ₦ | + 57% | |
| 1 pair of men’s leather business shoes | 1,693 C$ (17,935 ₦) | 21,849 ₦ | - 18% | |
| Transportation | - 8% | |||
| Transportation in Nicaragua is 8% cheaper than in Nigeria | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 899,415 C$ (9,526,467 ₦) | 1,792,100 ₦ | + 432% | |
| 1 liter (1/4 gallon) of gas | 38 C$ (400 ₦) | 148 ₦ | + 171% | |
| Monthly ticket public transport | 347 C$ (3,674 ₦) | 16,973 ₦ | - 78% | |
| Personal Care | + 23% | |||
| Personal Care in Nicaragua is 23% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 96 C$ (1,013 ₦) | 969 ₦ | + 5% | |
| 1 box of antibiotics (12 doses) | 100 C$ (1,059 ₦) | 2,812 ₦ | - 62% | |
| Short visit to private doctor (15 minutes) | 718 C$ (7,605 ₦) | 6,906 ₦ | + 10% | |
| 1 box of 32 tampons (tampax, ob, ...) | 391 C$ (4,143 ₦) | 1,561 ₦ | + 165% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 85 C$ (900 ₦) | 1,081 ₦ | - 17% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 133 C$ (1,414 ₦) | 1,092 ₦ | + 29% | |
| 4 rolls of toilet paper | 100 C$ (1,057 ₦) | 333 ₦ | + 217% | |
| Tube of toothpaste | 49 C$ (519 ₦) | 488 ₦ | + 6% | |
| Standard men's haircut in expat area of the city | 221 C$ (2,336 ₦) | 2,448 ₦ | - 5% | |
| Entertainment | - 3% | |||
| Entertainment in Nicaragua is about the same as in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 374 C$ (3,960 ₦) | 5,246 ₦ | - 25% | |
| 2 tickets to the movies | 371 C$ (3,929 ₦) | 3,961 ₦ | - 1% | |
| 2 tickets to the theater (best available seats) | 600 C$ (6,355 ₦) | 16,149 ₦ | - 61% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 792 C$ (8,388 ₦) | 17,569 ₦ | - 52% | |
| 1 cocktail drink in downtown club | 181 C$ (1,916 ₦) | 2,268 ₦ | - 16% | |
| Cappuccino in expat area of the city | 96 C$ (1,017 ₦) | 2,077 ₦ | - 51% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 42 C$ (445 ₦) | 567 ₦ | - 22% | |
| Ipad wi-fi 128gb | 11,245 C$ (119,106 ₦) | 68,273 ₦ | + 74% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 9 C$ (96 ₦) | 34 ₦ | + 180% | |
| 1 month of gym membership in business district | 836 C$ (8,850 ₦) | 15,931 ₦ | - 44% | |
| 1 package of marlboro cigarettes | 92 C$ (973 ₦) | 475 ₦ | + 105% | |
| TOTAL | - 15% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,674 prices entered by 159 different people.
These prices were last updated on January 27, 2020.
Exchange rate:
10.592
NGN
/
NIO
Cost of living in Nicaragua is 15% cheaper than in Nigeria
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