Cost of living in Nicaragua compared to Nigeria
Currency:
| Food | + 17% | |||
|---|---|---|---|---|
| Food in Nicaragua is 17% more expensive than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 370 C$ (4,052 ₦) | 2,456 ₦ | + 65% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 242 C$ (2,652 ₦) | 2,030 ₦ | + 31% | |
| 500 gr (1 lb.) of boneless chicken breast | 70 C$ (763 ₦) | 1,031 ₦ | - 26% | |
| 1 liter (1 qt.) of whole fat milk | 34 C$ (370 ₦) | 693 ₦ | - 47% | |
| 12 eggs, large | 76 C$ (830 ₦) | 682 ₦ | + 22% | |
| 1 kg (2 lb.) of tomatoes | 36 C$ (395 ₦) | 550 ₦ | - 28% | |
| 500 gr (16 oz.) of local cheese | 101 C$ (1,106 ₦) | 2,663 ₦ | - 58% | |
| 1 kg (2 lb.) of apples | 115 C$ (1,255 ₦) | 829 ₦ | + 51% | |
| 1 kg (2 lb.) of potatoes | 48 C$ (524 ₦) | 717 ₦ | - 27% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 37 C$ (404 ₦) | 362 ₦ | + 11% | |
| 1 bottle of red table wine, good quality | 498 C$ (5,445 ₦) | 2,544 ₦ | + 114% | |
| 2 liters of coca-cola | 41 C$ (451 ₦) | 307 ₦ | + 47% | |
| Bread for 2 people for 1 day | 31 C$ (337 ₦) | 351 ₦ | - 4% | |
| Housing | + 3% | |||
| Housing in Nicaragua is about the same as in Nigeria | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 11,351 C$ (124,143 ₦) | 365,534 ₦ | - 66% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 10,097 C$ (110,421 ₦) | 133,826 ₦ | - 17% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 2,975 C$ (32,539 ₦) | 26,822 ₦ | + 21% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 14,806 C$ (161,922 ₦) | 125,257 ₦ | + 29% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 10,166 C$ (111,177 ₦) | 115,758 ₦ | - 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 2,509 C$ (27,437 ₦) | 16,604 ₦ | + 65% | |
| Internet 8 mbps (1 month) | 1,543 C$ (16,878 ₦) | 9,095 ₦ | + 86% | |
| 40” flat screen tv | 16,410 C$ (179,471 ₦) | 70,488 ₦ | + 155% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 5,607 C$ (61,316 ₦) | 29,830 ₦ | + 106% | |
| Laundry detergent (3 l. ~ 100 oz.) | 253 C$ (2,762 ₦) | 1,281 ₦ | + 116% | |
| Hourly rate for cleaning help | 83 C$ (908 ₦) | 889 ₦ | + 2% | |
| Clothes | + 19% | |||
| Clothes in Nicaragua is 19% more expensive than in Nigeria | ||||
| 1 pair of jeans (levis 501 or similar) | 1,874 C$ (20,495 ₦) | 6,437 ₦ | + 218% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 708 C$ (7,747 ₦) | 10,280 ₦ | - 25% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 2,382 C$ (26,048 ₦) | 16,911 ₦ | + 54% | |
| 1 pair of men’s leather business shoes | 1,982 C$ (21,677 ₦) | 18,034 ₦ | + 20% | |
| Transportation | - 11% | |||
| Transportation in Nicaragua is 11% cheaper than in Nigeria | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 890,624 C$ (9,740,333 ₦) | 6,504,060 ₦ | + 50% | |
| 1 liter (1/4 gallon) of gas | 31 C$ (344 ₦) | 142 ₦ | + 142% | |
| Monthly ticket public transport | 359 C$ (3,922 ₦) | 12,367 ₦ | - 68% | |
| Personal Care | + 47% | |||
| Personal Care in Nicaragua is 47% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 129 C$ (1,410 ₦) | 1,411 ₦ | - 0% | |
| 1 box of antibiotics (12 doses) | 450 C$ (4,921 ₦) | 2,139 ₦ | + 130% | |
| Short visit to private doctor (15 minutes) | 701 C$ (7,662 ₦) | 8,882 ₦ | - 14% | |
| 1 box of 32 tampons (tampax, ob, ...) | 123 C$ (1,346 ₦) | 1,083 ₦ | + 24% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 91 C$ (998 ₦) | 858 ₦ | + 16% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 204 C$ (2,236 ₦) | 1,400 ₦ | + 60% | |
| 4 rolls of toilet paper | 100 C$ (1,098 ₦) | 368 ₦ | + 198% | |
| Tube of toothpaste | 41 C$ (454 ₦) | 532 ₦ | - 15% | |
| Standard men's haircut in expat area of the city | 180 C$ (1,973 ₦) | 2,085 ₦ | - 5% | |
| Entertainment | - 35% | |||
| Entertainment in Nicaragua is 35% cheaper than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 517 C$ (5,656 ₦) | 5,838 ₦ | - 3% | |
| 2 tickets to the movies | 252 C$ (2,761 ₦) | 3,760 ₦ | - 27% | |
| 2 tickets to the theater (best available seats) | 600 C$ (6,562 ₦) | 13,722 ₦ | - 52% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 721 C$ (7,883 ₦) | 29,551 ₦ | - 73% | |
| 1 cocktail drink in downtown club | 162 C$ (1,775 ₦) | 2,449 ₦ | - 28% | |
| Cappuccino in expat area of the city | 77 C$ (845 ₦) | 1,692 ₦ | - 50% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 40 C$ (435 ₦) | 363 ₦ | + 20% | |
| Ipad wi-fi 128gb | 11,245 C$ (122,982 ₦) | 111,684 ₦ | + 10% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 1.00 C$ (11 ₦) | 28 ₦ | - 60% | |
| 1 month of gym membership in business district | 866 C$ (9,474 ₦) | 13,493 ₦ | - 30% | |
| 1 package of marlboro cigarettes | 79 C$ (866 ₦) | 391 ₦ | + 121% | |
| TOTAL | - 2% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,089 prices entered by 101 different people.
These prices were last updated on January 10, 2021.
Exchange rate:
10.937
NGN
/
NIO
*
Cost of living in Nicaragua is about the same as in Nigeria
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