Nicaragua vs Venezuela - Cost of Living Comparison

Updated:

Livingcost

Nicaragua Venezuela
🚶 Cost of living one person
$685
$812
👨‍👩‍👧‍👦 Cost of living Family
$1694
$2170
🏠 One person rent
$277
$228
🏘️ Family rent
$477
$470
🍽️ Food expenses
$302
$386
🚐 Transport expenses
$31.2
$108
💳 Monthly salary after tax
$333
$184
💸 GDP per capita
$2613
$15944
😃 Human freedom index
5.27
4.18
❤️ Life expectancy
74.6
71.1
👮 Corruption perceptions index
14
10
🌐 English speaking %
1%
1%
🎓 Higher education
29
63
😀 Quality of life
25
17
🏙️ Population
6.68M
28.5M

The average cost of living in Nicaragua ($685) is 16% less expensive than in Venezuela ($812). Nicaragua ranked 143rd vs 122nd 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 0.5 months in Nicaragua compared to 0.2 months in Venezuela. Ranked 156th and 173rd 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
$5.71
$10.6
🥂 Dinner in a Restaurant, for 2
$24.4
$43.6
🥪 Fast food meal, equiv. McDonald's
$6.78
$9.55
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.39
$1.49
 Cappuccino
$1.99
$2.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.83
$1.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$242
$228
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$184
$164
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$370
$492
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$377
$391
🔌 Utility Bill one person, electricity, heating, water, etc.
$39.8
$14.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$60.9
$22.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$41.2
$36.6
🏦 Mortgage Interest Rate for 20 Years
11.27%
22.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1194
$556
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$582
$490
Transportation
🚌 Local transport ticket
$0.2
$0.46
🎟️ Monthly ticket local transport
$6.92
$34.9
🚕 Taxi Ride, 8 km or 5 mi
$6.07
$26.5
 Gas / Petrol, 1 L or 0.26 gal
$1.27
$0.55
Groceries
🥛 Milk, 1 L or 1 qt
$1
$1.97
🍞 Bread, 0.5 kg or 1.1 lb
$1.6
$1.94
🍚 Rice, 1 kg or 2.2 lb
$1.29
$1.32
🥚 Eggs, x12
$1.99
$2.68
🧀 Cheese, 1 kg or 2.2 lb
$6.36
$6.72
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.35
$6.66
🥩 Round Steak, 1 kg or 2.2 lb
$8.3
$7.03
🍏 Apples, 1 kg or 2.2 lb
$4.2
$4.71
🍌 Banana, 1 kg or 2.2 lb
$1.26
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$2.36
$1.75
🍅 Tomato, 1 kg or 2.2 lb
$1.94
$1.69
🥔 Potato, 1 kg or 2.2 lb
$3
$2.19
🧅 Onion, 1 kg or 2.2 lb
$1.94
$1.84
🌊 Water, 1 L or 1 qt
$0.74
$1.18
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.19
$2.33
🍾 Wine (mid-priced), 750 mL bottle
$12.7
$9.53
🍺 Beer, 0.5 L or 16 fl oz
$1.33
$1.51
🚬 Cigarette pack
$2.72
$3.55
💊 Cold medicince, 1 week
$5.56
$6.27
🧴 Hair Shampoo
$3.99
$5.7
🧻 Toilet paper, 4 rolls
$2.64
$2.93
👄 Toothpaste, 1 tube
$1.32
$2.39
Other
🏋️ Gym Membership, 1 month
$26.8
$41.3
🎫 Cinema Ticket, 1 person
$5.91
$5.49
👩‍⚕️ Doctor's visit
$21
$37.7
💇 Haircut, simple
$3.85
$10.7
👖 Brand Jeans
$59.1
$49
👟 Brand Sneakers
$86.2
$88.3
👶 Daycare or Preschool, 1 month
$109
$96.2
🏫 International Primary School, 1 year
$6974
$6376

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cities Comparison in Nicaragua vs Venezuela

More countries to compare

Cost of Living in Popular cities

In Nicaragua

City Cost of living Population
Managua
$738
937K
Leon
$632
174K
Chinandega
$638
122K
Masaya
$710
140K
Esteli
$598
112K
Jinotega
$455
99.4K
Matagalpa
$624
133K
Granada
$701
105K
Juigalpa
$666
51.8K
San Juan del Sur
$839
14.7K

In Venezuela

City Cost of living Population
Caracas
$1075
2.25M
Valencia
$769
1.48M
Maracaibo
$713
1.55M
Maracay
$817
1.1M
Barinas
$800
874K
Barquisimeto
$722
1.06M
Catia La Mar
$974
662K
Maturin
$890
753K
Barcelona
$858
550K
Santa Teresa del Tuy
$939
525K
Ciudad Guayana
$890
751K
Ciudad Bolivar
$880
568K
Cumana
$716
375K
Los Teques
$960
333K
Merida
$667
248K
Puerto la Cruz
$791
306K
Punto Fijo
$628
288K
San Cristobal
$592
286K
Valera
$703
250K
Cabimas
$700
352K
Turmero
$857
255K
La Guaira
$938
204K
Cua
$910
215K
Guarenas
$918
209K
La Victoria
$858
214K
El Tigre
$746
214K
Puerto Cabello
$781
209K
Guatire
$917
187K
San Felipe
$739
221K
Guacara
$795
200K