Cost of living in Nicaragua compared to Nigeria
Currency:
| Food | - 19% | |||
|---|---|---|---|---|
| Food in Nicaragua is 19% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 251 C$ (2,925 ₦) | 1,563 ₦ | + 87% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 232 C$ (2,703 ₦) | 2,934 ₦ | - 8% | |
| 500 gr (1 lb.) of boneless chicken breast | 66 C$ (767 ₦) | 1,150 ₦ | - 33% | |
| 1 liter (1 qt.) of whole fat milk | 33 C$ (382 ₦) | 1,285 ₦ | - 70% | |
| 12 eggs, large | 60 C$ (697 ₦) | 833 ₦ | - 16% | |
| 1 kg (2 lb.) of tomatoes | 50 C$ (580 ₦) | 989 ₦ | - 41% | |
| 500 gr (16 oz.) of local cheese | 75 C$ (870 ₦) | 5,019 ₦ | - 83% | |
| 1 kg (2 lb.) of apples | 72 C$ (845 ₦) | 1,236 ₦ | - 32% | |
| 1 kg (2 lb.) of potatoes | 43 C$ (497 ₦) | 985 ₦ | - 50% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 33 C$ (389 ₦) | 381 ₦ | + 2% | |
| 1 bottle of red table wine, good quality | 686 C$ (8,000 ₦) | 2,452 ₦ | + 226% | |
| 2 liters of coca-cola | 40 C$ (467 ₦) | 660 ₦ | - 29% | |
| Bread for 2 people for 1 day | 23 C$ (269 ₦) | 560 ₦ | - 52% | |
| Housing | - 77% | |||
| Housing in Nicaragua is 77% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 12,109 C$ (141,258 ₦) | 1,773,070 ₦ | - 92% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 7,035 C$ (82,074 ₦) | 776,968 ₦ | - 89% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 1,519 C$ (17,722 ₦) | 44,622 ₦ | - 60% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 12,171 C$ (141,982 ₦) | 633,261 ₦ | - 78% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 6,369 C$ (74,302 ₦) | 300,161 ₦ | - 75% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 1,573 C$ (18,351 ₦) | 29,638 ₦ | - 38% | |
| Internet 8 mbps (1 month) | 1,042 C$ (12,151 ₦) | 22,655 ₦ | - 46% | |
| 40” flat screen tv | 15,649 C$ (182,560 ₦) | 119,635 ₦ | + 53% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 4,814 C$ (56,154 ₦) | 74,342 ₦ | - 24% | |
| Laundry detergent (3 l. ~ 100 oz.) | 192 C$ (2,236 ₦) | 3,231 ₦ | - 31% | |
| Hourly rate for cleaning help | 88 C$ (1,029 ₦) | - | - | |
| Clothes | - 27% | |||
| Clothes in Nicaragua is 27% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 1,241 C$ (14,474 ₦) | 6,866 ₦ | + 111% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 663 C$ (7,729 ₦) | 14,269 ₦ | - 46% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 1,654 C$ (19,300 ₦) | 25,310 ₦ | - 24% | |
| 1 pair of men’s leather business shoes | 1,600 C$ (18,670 ₦) | 25,580 ₦ | - 27% | |
| Transportation | - 23% | |||
| Transportation in Nicaragua is 23% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 433,912 C$ (5,061,959 ₦) | 7,502,580 ₦ | - 33% | |
| 1 liter (1/4 gallon) of gas | 38 C$ (444 ₦) | 169 ₦ | + 163% | |
| Monthly ticket public transport | 370 C$ (4,311 ₦) | 10,403 ₦ | - 59% | |
| Personal Care | - 25% | |||
| Personal Care in Nicaragua is 25% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 144 C$ (1,683 ₦) | 1,720 ₦ | - 2% | |
| 1 box of antibiotics (12 doses) | 201 C$ (2,340 ₦) | 4,921 ₦ | - 52% | |
| Short visit to private doctor (15 minutes) | 961 C$ (11,212 ₦) | 18,132 ₦ | - 38% | |
| 1 box of 32 tampons (tampax, ob, ...) | 217 C$ (2,531 ₦) | 2,204 ₦ | + 15% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 70 C$ (814 ₦) | 937 ₦ | - 13% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 84 C$ (977 ₦) | 1,852 ₦ | - 47% | |
| 4 rolls of toilet paper | 64 C$ (744 ₦) | 900 ₦ | - 17% | |
| Tube of toothpaste | 53 C$ (617 ₦) | 663 ₦ | - 7% | |
| Standard men's haircut in expat area of the city | 360 C$ (4,196 ₦) | 1,754 ₦ | + 139% | |
| Entertainment | - 6% | |||
| Entertainment in Nicaragua is 6% cheaper than in Nigeria | ||||
| Nicaragua | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | 320 C$ (3,735 ₦) | 10,095 ₦ | - 63% | |
| 2 tickets to the movies | 257 C$ (2,994 ₦) | 5,899 ₦ | - 49% | |
| 2 tickets to the theater (best available seats) | 896 C$ (10,448 ₦) | 19,661 ₦ | - 47% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 1,279 C$ (14,921 ₦) | 15,587 ₦ | - 4% | |
| 1 cocktail drink in downtown club | 185 C$ (2,154 ₦) | 2,405 ₦ | - 10% | |
| Cappuccino in expat area of the city | 109 C$ (1,270 ₦) | 1,158 ₦ | + 10% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 40 C$ (467 ₦) | 690 ₦ | - 32% | |
| Ipad wi-fi 128gb | 22,661 C$ (264,358 ₦) | 144,218 ₦ | + 83% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 3.12 C$ (36 ₦) | 25 ₦ | + 48% | |
| 1 month of gym membership in business district | 1,125 C$ (13,120 ₦) | 15,081 ₦ | - 13% | |
| 1 package of marlboro cigarettes | 81 C$ (939 ₦) | 713 ₦ | + 32% | |
| TOTAL | - 52% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 854 prices entered by 94 different people.
These prices were last updated on January 24, 2022.
Exchange rate:
11.666
NGN
/
NIO
*
Cost of living in Nicaragua is 52% cheaper than in Nigeria
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