Nicaragua vs Venezuela - Cost of Living Comparison

Updated:

Livingcost

Nicaragua Venezuela
🚶 Cost of living one person
$699
$764
👨‍👩‍👧‍👦 Cost of living Family
$1658
$1986
🏠 One person rent
$304
$228
🏘️ Family rent
$462
$438
🍽️ Food expenses
$283
$359
🚐 Transport expenses
$38.9
$93.7
💳 Monthly salary after tax
$307
$193
💸 GDP per capita
$2255
$15976
😃 Human freedom index
5.48
4.22
❤️ Life expectancy
73.8
70.6
👮 Corruption perceptions index
17
13
🌐 English speaking %
1%
1%
🎓 Higher education
29
65
😀 Quality of life
29
11
🏙️ Population
5.14M
28.5M

The average cost of living in Nicaragua ($699) is 9% less expensive than in Venezuela ($764). Nicaragua ranked 134th vs 121st for Venezuela in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.4 months in Nicaragua compared to 0.3 months in Venezuela. Ranked 150th and 190th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Nicaragua vs Venezuela infographic

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Prices in Nicaragua vs Venezuela

We calculate prices for Nicaragua and Venezuela as a population-weighted mean of 10 and 77 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.

Nicaragua Venezuela
Eating Out
🍱 Lunch Menu
$6.02
$9.78
🥂 Dinner in a Restaurant, for 2
$20.2
$40.5
🥪 Fast food meal, equiv. McDonald's
$5.83
$9.67
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.39
$1.55
 Cappuccino
$2.24
$2.31
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.83
$1.2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$286
$216
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$195
$163
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$483
$453
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$319
$356
🔌 Utility Bill one person, electricity, heating, water, etc.
$36.7
$16.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$56.6
$24.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$54.1
$37.8
🏦 Mortgage Interest Rate for 20 Years
12.74%
26.87%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$871
$583
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$742
$586
Transportation
🚌 Local transport ticket
$0.45
$0.47
🎟️ Monthly ticket local transport
$16.4
$32.7
🚕 Taxi Ride, 8 km or 5 mi
$6.33
$22.6
 Gas / Petrol, 1 L or 0.26 gal
$1.29
$0.56
Groceries
🥛 Milk, 1 L or 1 qt
$0.99
$1.87
🍞 Bread, 0.5 kg or 1.1 lb
$1.2
$1.88
🍚 Rice, 1 kg or 2.2 lb
$1.2
$1.27
🥚 Eggs, x12
$1.83
$2.46
🧀 Cheese, 1 kg or 2.2 lb
$4.45
$5.35
🐔 Chicken Breast, 1 kg or 2.2 lb
$4.6
$6.08
🥩 Round Steak, 1 kg or 2.2 lb
$8.47
$6.38
🍏 Apples, 1 kg or 2.2 lb
$4.73
$4.68
🍌 Banana, 1 kg or 2.2 lb
$1.67
$1.21
🍊 Oranges, 1 kg or 2.2 lb
$3.1
$1.63
🍅 Tomato, 1 kg or 2.2 lb
$1.51
$1.62
🥔 Potato, 1 kg or 2.2 lb
$2.37
$1.8
🧅 Onion, 1 kg or 2.2 lb
$1.66
$1.81
🌊 Water, 1 L or 1 qt
$0.68
$0.89
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.2
$2.34
🍾 Wine (mid-priced), 750 mL bottle
$9.79
$9.3
🍺 Beer, 0.5 L or 16 fl oz
$1.27
$1.41
🚬 Cigarette pack
$2.85
$3.25
💊 Cold medicince, 1 week
$5.54
$5.89
🧴 Hair Shampoo
$3.97
$5.2
🧻 Toilet paper, 4 rolls
$2.57
$2.67
👄 Toothpaste, 1 tube
$1.72
$2.25
Other
🏋️ Gym Membership, 1 month
$30.9
$38.8
🎫 Cinema Ticket, 1 person
$4.93
$5.12
👩‍⚕️ Doctor's visit
$25.1
$37.2
💇 Haircut, simple
$4.3
$9.6
👖 Brand Jeans
$49.8
$46
👟 Brand Sneakers
$85.6
$79.6
👶 Daycare or Preschool, 1 month
$196
$69.2
🏫 International Primary School, 1 year
$6239
$4942

Cost of living in other countries

Cost of living

Cities Comparison in Nicaragua vs Venezuela

More countries to compare

Cost of Living in Popular cities

In Nicaragua

City Cost of living Population
Managua
$787
937K
Leon
$614
174K
Masaya
$699
140K
Matagalpa
$548
133K
Chinandega
$627
122K
Esteli
$593
112K
Granada
$680
105K
Jinotega
$458
99.4K
Juigalpa
$647
51.8K
San Juan del Sur
$805
14.7K

In Venezuela

City Cost of living Population
Caracas
$975
2.25M
Valencia
$755
1.48M
Maracaibo
$716
1.55M
Barinas
$743
874K
Barquisimeto
$708
1.06M
Maturin
$838
514K
Catia La Mar
$880
662K
Santa Teresa del Tuy
$844
525K
Maracay
$581
407K
Ciudad Bolivar
$824
568K
Barcelona
$719
448K
Ciudad Guayana
$868
751K
Cumana
$686
375K
Cabimas
$1029
352K
Merida
$664
248K
Puerto la Cruz
$732
306K
Turmero
$723
255K
Punto Fijo
$627
288K
San Cristobal
$589
286K
Valera
$705
250K
Los Teques
$846
251K
La Victoria
$720
214K
Puerto Cabello
$713
209K
Guacara
$728
200K
Tocuyito
$691
197K
Cua
$815
215K
San Felipe
$699
221K
El Tigre
$700
214K
Guarenas
$823
209K
La Guaira
$854
204K