Cost of Living Comparison Between Canada and Nicaragua 
| Indices Difference |  |
|---|---|
| Cost of Living in Nicaragua is 44.6% lower than in Canada (excluding rent) | |
| Cost of Living Including Rent in Nicaragua is 52.8% lower than in Canada | |
| Rent Prices in Nicaragua are 73.0% lower than in Canada | |
| Restaurant Prices in Nicaragua are 59.2% lower than in Canada | |
| Groceries Prices in Nicaragua are 38.0% lower than in Canada | |
| Local Purchasing Power in Nicaragua is 78.1% lower than in Canada | |
Restaurants | Canada Edit |
Nicaragua Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (17.57 $) |
5.90 C$ (4.14 $) |
-76.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 C$ (70.28 $) |
42.69 C$ (30.00 $) |
-57.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.54 $) |
9.96 C$ (7.00 $) |
-33.6 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.62 $) |
1.94 C$ (1.36 $) |
-75.8 % |
| Imported Beer (12 oz small bottle) |
8.00 C$ (5.62 $) |
2.85 C$ (2.00 $) |
-64.4 % |
| Cappuccino (regular) |
5.19 C$ (3.65 $) |
2.97 C$ (2.08 $) |
-42.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.89 C$ (2.03 $) |
1.19 C$ (0.83 $) |
-59.0 % |
| Water (12 oz small bottle) |
2.34 C$ (1.64 $) |
0.95 C$ (0.66 $) |
-59.6 % |
Markets | Canada Edit |
Nicaragua Edit | |
| Milk (regular), (1 gallon) |
11.65 C$ (8.19 $) |
6.32 C$ (4.44 $) |
-45.8 % |
| Loaf of Fresh White Bread (1 lb) |
3.37 C$ (2.37 $) |
2.63 C$ (1.85 $) |
-22.1 % |
| Rice (white), (1 lb) |
2.29 C$ (1.61 $) |
1.02 C$ (0.71 $) |
-55.7 % |
| Eggs (regular) (12) |
4.83 C$ (3.40 $) |
2.95 C$ (2.08 $) |
-38.9 % |
| Local Cheese (1 lb) |
7.05 C$ (4.95 $) |
5.58 C$ (3.92 $) |
-20.8 % |
| Chicken Fillets (1 lb) |
7.62 C$ (5.36 $) |
4.02 C$ (2.83 $) |
-47.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.30 C$ (6.54 $) |
5.12 C$ (3.60 $) |
-45.0 % |
| Apples (1 lb) |
2.61 C$ (1.84 $) |
2.66 C$ (1.87 $) |
+1.8 % |
| Banana (1 lb) |
0.90 C$ (0.63 $) |
0.76 C$ (0.53 $) |
-15.5 % |
| Oranges (1 lb) |
2.40 C$ (1.69 $) |
1.51 C$ (1.06 $) |
-37.1 % |
| Tomato (1 lb) |
2.58 C$ (1.82 $) |
1.33 C$ (0.94 $) |
-48.3 % |
| Potato (1 lb) |
1.67 C$ (1.18 $) |
2.26 C$ (1.59 $) |
+35.1 % |
| Onion (1 lb) |
1.67 C$ (1.17 $) |
1.29 C$ (0.91 $) |
-22.5 % |
| Lettuce (1 head) |
3.52 C$ (2.47 $) |
1.27 C$ (0.89 $) |
-64.0 % |
| Water (1.5 liter bottle) |
2.49 C$ (1.75 $) |
1.40 C$ (0.99 $) |
-43.7 % |
| Bottle of Wine (Mid-Range) |
18.00 C$ (12.65 $) |
14.23 C$ (10.00 $) |
-21.0 % |
| Domestic Beer (0.5 liter bottle) |
4.09 C$ (2.88 $) |
2.00 C$ (1.41 $) |
-51.0 % |
| Imported Beer (12 oz small bottle) |
4.56 C$ (3.20 $) |
3.06 C$ (2.15 $) |
-33.0 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.06 $) |
4.52 C$ (3.17 $) |
-77.4 % |
Transportation | Canada Edit |
Nicaragua Edit | |
| One-way Ticket (Local Transport) |
3.50 C$ (2.46 $) |
0.20 C$ (0.14 $) |
-94.4 % |
| Monthly Pass (Regular Price) |
105.00 C$ (73.80 $) |
8.55 C$ (6.01 $) |
-91.9 % |
| Taxi Start (Normal Tariff) |
4.55 C$ (3.20 $) |
1.43 C$ (1.01 $) |
-68.6 % |
| Taxi 1 mile (Normal Tariff) |
3.51 C$ (2.47 $) |
1.43 C$ (1.01 $) |
-59.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
38.93 C$ (27.36 $) |
9.68 C$ (6.80 $) |
-75.1 % |
| Gasoline (1 gallon) |
6.08 C$ (4.27 $) |
7.17 C$ (5.04 $) |
+17.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,978.00 C$ (23,880.24 $) |
32,688.04 C$ (22,973.64 $) |
-3.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,022.71 C$ (19,694.78 $) |
38,568.15 C$ (27,106.26 $) |
+37.6 % |
Utilities (Monthly) | Canada Edit |
Nicaragua Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
205.79 C$ (144.63 $) |
100.14 C$ (70.38 $) |
-51.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62.80 C$ (44.14 $) |
24.52 C$ (17.23 $) |
-61.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
84.87 C$ (59.65 $) |
54.51 C$ (38.31 $) |
-35.8 % |
Sports And Leisure | Canada Edit |
Nicaragua Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
58.91 C$ (41.41 $) |
47.00 C$ (33.03 $) |
-20.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
24.12 C$ (16.95 $) |
21.34 C$ (15.00 $) |
-11.5 % |
| Cinema, International Release, 1 Seat |
15.68 C$ (11.02 $) |
11.38 C$ (8.00 $) |
-27.4 % |
Childcare | Canada Edit |
Nicaragua Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,113.63 C$ (782.68 $) |
127.11 C$ (89.33 $) |
-88.6 % |
| International Primary School, Yearly for 1 Child |
16,632.54 C$ (11,689.60 $) |
11,382.80 C$ (8,000.00 $) |
-31.6 % |
Clothing And Shoes | Canada Edit |
Nicaragua Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
76.71 C$ (53.91 $) |
95.20 C$ (66.91 $) |
+24.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
56.88 C$ (39.98 $) |
71.09 C$ (49.97 $) |
+25.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
121.37 C$ (85.30 $) |
145.11 C$ (101.98 $) |
+19.6 % |
| 1 Pair of Men Leather Business Shoes |
147.81 C$ (103.89 $) |
134.29 C$ (94.38 $) |
-9.1 % |
Rent Per Month | Canada Edit |
Nicaragua Edit | |
| Apartment (1 bedroom) in City Centre |
1,841.83 C$ (1,294.46 $) |
494.44 C$ (347.50 $) |
-73.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,643.97 C$ (1,155.41 $) |
386.84 C$ (271.88 $) |
-76.5 % |
| Apartment (3 bedrooms) in City Centre |
2,951.53 C$ (2,074.38 $) |
846.41 C$ (594.87 $) |
-71.3 % |
| Apartment (3 bedrooms) Outside of Centre |
2,553.46 C$ (1,794.61 $) |
700.01 C$ (491.98 $) |
-72.6 % |
Buy Apartment Price | Canada Edit |
Nicaragua Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
856.21 C$ (601.76 $) |
160.83 C$ (113.03 $) |
-81.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
601.17 C$ (422.51 $) |
68.60 C$ (48.22 $) |
-88.6 % |
Salaries And Financing | Canada Edit |
Nicaragua Edit | |
| Average Monthly Net Salary (After Tax) |
3,929.95 C$ (2,762.03 $) |
406.04 C$ (285.37 $) |
-89.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.62 | 10.25 | +54.8 % |
| Last update: | April 2025 | March 2025 | |
| Contributors in the past 12 months: | 3718 | 31 |
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