Cost of living comparison
Monaco is 6.3 times more expensive than Managua.
If you lived in Monaco instead of Managua, you would:
pay 5.5 times more for restaurants
Managua
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.91
NIO180.40
|
$25.99
€23.89
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
NIO220.50
|
$10.83
€9.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.75
NIO27.61
|
$5.09
€4.68
|
|
Bottle of water (11 fl. oz) |
$0.88
NIO32.16
|
$7.15
€6.58
|
|
pay 88.9% more for groceries
Managua
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.67
NIO61.31
|
$5.23
€4.81
|
|
Local cheese (8 oz) |
$2.35
NIO86.52
|
$8.12
€7.47
|
|
Milk (1 gallon) |
$4.05
NIO148.96
|
$7.17
€6.59
|
|
Eggs
1 dozen
|
$1.99
NIO73.09
|
$3.60
€3.30
|
|
Boneless chicken breast (1 lb) |
$2.29
NIO84.29
|
$4.81
€4.42
|
|
Apples (1 lb) |
$2.19
NIO80.64
|
$1.15
€1.05
|
|
Bananas (1 lb) |
$0.72
NIO26.64
|
$1.23
€1.13
|
|
Oranges (1 lb) |
$1.34
NIO49.15
|
$1.23
€1.13
|
|
Tomatoes (1 lb) |
$0.69
NIO25.51
|
$1.82
€1.67
|
|
Potatoes (1 lb) |
$1.38
NIO50.65
|
$0.96
€0.88
|
|
Onions (1 lb) |
$0.71
NIO26.13
|
$1.47
€1.35
|
|
pay 2.4 times more for transportation
Managua
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$5.07
NIO186.25
|
$8.64
€7.94
|
|
Monthly public transit pass |
$10.00
NIO367.50
|
$23.83
€21.90
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$46,760.68
€42,980.08
|
|
Taxi trip in downtown area (5 miles) |
$6.33
NIO232.51
|
$20.58
€18.91
|
|
pay 13.9 times more for housing
Managua
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$48.80
NIO1,793.48
|
$61.73
€56.74
|
|
1-Bedroom apartment in downtown area |
$325.00
NIO11,943.75
|
$8,169.63
€7,509.12
|
|
1-Bedroom apartment outside city center |
$250.00
NIO9,187.50
|
$6,497.92
€5,972.57
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.78
NIO2,784.79
|
$237.50
€218.30
|
|
pay 12.8 times more for childcare
Managua
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.56
NIO4,614.17
|
$2,111.82
€1,941.08
|
|
Middle school for 1 child, two semesters |
$4,900.00
NIO180,075.00
|
$43,184.11
€39,692.68
|
|
pay 4.9 times more for entertainment and sports
Managua
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.57
NIO57.53
|
$8.12
€7.47
|
|
Cappuccino in mid-range area |
$2.17
NIO79.81
|
$5.67
€5.21
|
|
Pack of cigarettes
Marlboro or similar
|
$2.73
NIO100.22
|
$13.54
€12.44
|
|
Monthly membership at local gym |
$53.52
NIO1,966.85
|
$521.19
€479.05
|
|
Movie ticket to theater/cinema |
$6.80
NIO249.80
|
$13.00
€11.95
|
|
pay 2.5 times more for clothing
Managua
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$65.00
NIO2,388.75
|
$162.81
€149.65
|
|
Regular dress
from H&M or similar store
|
$56.67
NIO2,082.50
|
$65.34
€60.06
|
|
Running shoes
Nike or Adidas
|
$146.67
NIO5,390.00
|
$187.00
€171.88
|
|
Men's business shoes (leather) |
$125.00
NIO4,593.75
|
$632.46
€581.33
|
|
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