Latvia vs Nicaragua - Cost of Living Comparison

Updated:

Livingcost

Latvia Nicaragua
🚶 Cost of living one person
$1157
$756
👨‍👩‍👧‍👦 Cost of living Family
$2918
$1812
🏠 One person rent
$540
$299
🏘️ Family rent
$902
$449
🍽️ Food expenses
$431
$328
🚐 Transport expenses
$68.5
$35.4
💳 Monthly salary after tax
$1392
$162
💸 GDP per capita
$23409
$2848
😃 Human freedom index
8.51
4.85
❤️ Life expectancy
75.7
74.9
👮 Corruption perceptions index
60
14
🌐 English speaking %
45.9%
1%
🎓 Higher education
72
29
😀 Quality of life
75
28
🏙️ Population
1.87M
6.92M

The average cost of living in Latvia ($1157) is 53% more expensive than in Nicaragua ($756). Latvia ranked 72nd vs 140th for Nicaragua in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.2 months in Latvia compared to 0.2 months in Nicaragua. Ranked 42nd and 155th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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Prices in Latvia vs Nicaragua

We calculate prices for Latvia and Nicaragua as a population-weighted mean of 10 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Latvia Nicaragua
Eating Out
🍱 Lunch Menu
$13.1
$5.75
🥂 Dinner in a Restaurant, for 2
$56.1
$33
🥪 Fast food meal, equiv. McDonald's
$8.69
$7.49
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.18
$1.4
 Cappuccino
$3.59
$2.42
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.64
$0.85
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$485
$258
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$332
$191
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$914
$374
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$643
$343
🔌 Utility Bill one person, electricity, heating, water, etc.
$158
$61.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$242
$94.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.2
$37.7
🏦 Mortgage Interest Rate for 20 Years
4.27%
10.28%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2560
$1188
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1757
$644
Transportation
🚌 Local transport ticket
$1.51
$0.17
🎟️ Monthly ticket local transport
$37.9
$6.76
🚕 Taxi Ride, 8 km or 5 mi
$10.5
$7.69
 Gas / Petrol, 1 L or 0.26 gal
$1.91
$1.31
Groceries
🥛 Milk, 1 L or 1 qt
$1.32
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$1.44
$2.05
🍚 Rice, 1 kg or 2.2 lb
$2.25
$1.58
🥚 Eggs, x12
$3.55
$2.26
🧀 Cheese, 1 kg or 2.2 lb
$11.7
$10.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.14
$6.08
🥩 Round Steak, 1 kg or 2.2 lb
$13.5
$7.1
🍏 Apples, 1 kg or 2.2 lb
$2.04
$3.72
🍌 Banana, 1 kg or 2.2 lb
$1.87
$0.8
🍊 Oranges, 1 kg or 2.2 lb
$2.48
$1.8
🍅 Tomato, 1 kg or 2.2 lb
$3.43
$2.15
🥔 Potato, 1 kg or 2.2 lb
$1.04
$3.83
🧅 Onion, 1 kg or 2.2 lb
$1
$2.15
🌊 Water, 1 L or 1 qt
$0.62
$0.69
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.81
$1.28
🍾 Wine (mid-priced), 750 mL bottle
$8.36
$13.9
🍺 Beer, 0.5 L or 16 fl oz
$1.87
$1.4
🚬 Cigarette pack
$6.39
$2.62
💊 Cold medicince, 1 week
$9.22
$6.22
🧴 Hair Shampoo
$5.58
$5.22
🧻 Toilet paper, 4 rolls
$2.25
$2.9
👄 Toothpaste, 1 tube
$3.2
$1.59
Other
🏋️ Gym Membership, 1 month
$44.3
$28.9
🎫 Cinema Ticket, 1 person
$10.4
$8.11
👩‍⚕️ Doctor's visit
$50.2
$21.1
💇 Haircut, simple
$15.1
$4.8
👖 Brand Jeans
$71.2
$64.2
👟 Brand Sneakers
$84.7
$123
👶 Daycare or Preschool, 1 month
$580
$160
🏫 International Primary School, 1 year
$17677
$6084

Cost of living in other countries

Cost of living

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Cost of Living in Popular cities

In Latvia

City Cost of living Population
Riga
$1254
595K
Daugavpils
$938
78.1K
Jelgava
$893
54.8K
Liepaja
$1040
67.4K
Jurmala
$1374
52K
Ventspils
$932
32.7K
Valmiera
$938
22.8K
Rezekne
$835
26.4K
Jekabpils
$895
21K
Ogre
$1000
22.8K

In Nicaragua

City Cost of living Population
Managua
$788
937K
Leon
$759
174K
Masaya
$817
140K
Chinandega
$791
122K
Granada
$706
105K
Esteli
$716
112K
Matagalpa
$665
133K
Jinotega
$503
99.4K
Juigalpa
$796
51.8K
San Juan del Sur
$844
14.7K