Cost of Living Comparison Between Canada and Nicaragua 
| Indices Difference |  |
|---|---|
| Consumer Prices in Nicaragua are 49.7% lower than in Canada (without rent) | |
| Consumer Prices Including Rent in Nicaragua are 58.2% lower than in Canada | |
| Rent Prices in Nicaragua are 75.9% lower than in Canada | |
| Restaurant Prices in Nicaragua are 65.6% lower than in Canada | |
| Groceries Prices in Nicaragua are 44.9% lower than in Canada | |
| Local Purchasing Power in Nicaragua is 76.6% lower than in Canada | |
Restaurants | Canada Edit |
Nicaragua Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.29 $) |
5.47 C$ (4.00 $) |
-78.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 C$ (73.17 $) |
40.44 C$ (29.59 $) |
-59.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
14.75 C$ (10.79 $) |
7.28 C$ (5.33 $) |
-50.6 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.85 $) |
1.82 C$ (1.33 $) |
-77.3 % |
| Imported Beer (12 oz small bottle) |
8.00 C$ (5.85 $) |
2.73 C$ (2.00 $) |
-65.8 % |
| Cappuccino (regular) |
5.10 C$ (3.73 $) |
2.82 C$ (2.06 $) |
-44.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.88 C$ (2.11 $) |
1.26 C$ (0.92 $) |
-56.4 % |
| Water (12 oz small bottle) |
2.35 C$ (1.72 $) |
0.99 C$ (0.73 $) |
-57.7 % |
Markets | Canada Edit |
Nicaragua Edit | |
| Milk (regular), (1 gallon) |
11.15 C$ (8.16 $) |
5.57 C$ (4.07 $) |
-50.1 % |
| Loaf of Fresh White Bread (1 lb) |
3.27 C$ (2.40 $) |
1.62 C$ (1.19 $) |
-50.5 % |
| Rice (white), (1 lb) |
2.30 C$ (1.68 $) |
0.67 C$ (0.49 $) |
-70.9 % |
| Eggs (regular) (12) |
4.73 C$ (3.46 $) |
2.54 C$ (1.86 $) |
-46.3 % |
| Local Cheese (1 lb) |
7.12 C$ (5.21 $) |
2.81 C$ (2.05 $) |
-60.6 % |
| Chicken Fillets (1 lb) |
7.58 C$ (5.54 $) |
3.20 C$ (2.34 $) |
-57.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.97 C$ (6.56 $) |
4.85 C$ (3.55 $) |
-45.9 % |
| Apples (1 lb) |
2.60 C$ (1.90 $) |
3.08 C$ (2.25 $) |
+18.5 % |
| Banana (1 lb) |
0.88 C$ (0.65 $) |
0.92 C$ (0.67 $) |
+3.8 % |
| Oranges (1 lb) |
2.36 C$ (1.73 $) |
2.29 C$ (1.67 $) |
-3.1 % |
| Tomato (1 lb) |
2.59 C$ (1.90 $) |
0.83 C$ (0.61 $) |
-68.1 % |
| Potato (1 lb) |
1.63 C$ (1.19 $) |
1.22 C$ (0.90 $) |
-24.8 % |
| Onion (1 lb) |
1.63 C$ (1.20 $) |
0.97 C$ (0.71 $) |
-40.5 % |
| Lettuce (1 head) |
3.55 C$ (2.60 $) |
1.22 C$ (0.89 $) |
-65.7 % |
| Water (1.5 liter bottle) |
2.48 C$ (1.81 $) |
1.17 C$ (0.86 $) |
-52.7 % |
| Bottle of Wine (Mid-Range) |
18.00 C$ (13.17 $) |
13.67 C$ (10.00 $) |
-24.1 % |
| Domestic Beer (0.5 liter bottle) |
4.08 C$ (2.99 $) |
1.75 C$ (1.28 $) |
-57.1 % |
| Imported Beer (12 oz small bottle) |
4.39 C$ (3.21 $) |
2.89 C$ (2.12 $) |
-34.1 % |
| Cigarettes 20 Pack (Marlboro) |
19.00 C$ (13.90 $) |
4.00 C$ (2.92 $) |
-79.0 % |
Transportation | Canada Edit |
Nicaragua Edit | |
| One-way Ticket (Local Transport) |
3.50 C$ (2.56 $) |
0.31 C$ (0.23 $) |
-91.2 % |
| Monthly Pass (Regular Price) |
105.00 C$ (76.83 $) |
13.67 C$ (10.00 $) |
-87.0 % |
| Taxi Start (Normal Tariff) |
4.50 C$ (3.29 $) |
0.82 C$ (0.60 $) |
-81.8 % |
| Taxi 1 mile (Normal Tariff) |
3.30 C$ (2.41 $) |
1.25 C$ (0.91 $) |
-62.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
39.06 C$ (28.58 $) |
13.67 C$ (10.00 $) |
-65.0 % |
| Gasoline (1 gallon) |
6.04 C$ (4.42 $) |
6.92 C$ (5.06 $) |
+14.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (24,862.42 $) |
24,146.80 C$ (17,668.72 $) |
-28.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,810.96 C$ (20,349.86 $) |
32,953.10 C$ (24,112.48 $) |
+18.5 % |
Utilities (Monthly) | Canada Edit |
Nicaragua Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
211.47 C$ (154.74 $) |
98.25 C$ (71.89 $) |
-53.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
65.16 C$ (47.68 $) |
22.31 C$ (16.33 $) |
-65.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
85.65 C$ (62.67 $) |
59.26 C$ (43.36 $) |
-30.8 % |
Sports And Leisure | Canada Edit |
Nicaragua Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
57.73 C$ (42.24 $) |
44.00 C$ (32.20 $) |
-23.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
27.16 C$ (19.87 $) |
0.00 C$ (0.00 $) |
-100.0 % |
| Cinema, International Release, 1 Seat |
15.75 C$ (11.52 $) |
9.29 C$ (6.80 $) |
-41.0 % |
Childcare | Canada Edit |
Nicaragua Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,133.16 C$ (829.16 $) |
162.86 C$ (119.17 $) |
-85.6 % |
| International Primary School, Yearly for 1 Child |
18,389.87 C$ (13,456.25 $) |
10,147.31 C$ (7,425.00 $) |
-44.8 % |
Clothing And Shoes | Canada Edit |
Nicaragua Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
80.02 C$ (58.55 $) |
60.75 C$ (44.46 $) |
-24.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
56.59 C$ (41.41 $) |
55.87 C$ (40.88 $) |
-1.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
121.36 C$ (88.80 $) |
107.50 C$ (78.66 $) |
-11.4 % |
| 1 Pair of Men Leather Business Shoes |
150.22 C$ (109.92 $) |
82.05 C$ (60.04 $) |
-45.4 % |
Rent Per Month | Canada Edit |
Nicaragua Edit | |
| Apartment (1 bedroom) in City Centre |
1,922.17 C$ (1,406.49 $) |
440.74 C$ (322.50 $) |
-77.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,729.67 C$ (1,265.63 $) |
303.22 C$ (221.88 $) |
-82.5 % |
| Apartment (3 bedrooms) in City Centre |
3,117.04 C$ (2,280.80 $) |
867.82 C$ (635.00 $) |
-72.2 % |
| Apartment (3 bedrooms) Outside of Centre |
2,633.33 C$ (1,926.86 $) |
645.36 C$ (472.22 $) |
-75.5 % |
Buy Apartment Price | Canada Edit |
Nicaragua Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
910.12 C$ (665.95 $) |
121.89 C$ (89.19 $) |
-86.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
634.04 C$ (463.94 $) |
97.81 C$ (71.57 $) |
-84.6 % |
Salaries And Financing | Canada Edit |
Nicaragua Edit | |
| Average Monthly Net Salary (After Tax) |
3,924.71 C$ (2,871.79 $) |
384.02 C$ (281.00 $) |
-90.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.03 | 14.00 | +99.1 % |
| Last update: | May 2024 | April 2024 | |
| Contributors in the past 12 months: | 4424 | 18 |
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