Cost of living comparison
South Korea is 77.8% more expensive than Nicaragua.
If you lived in South Korea instead of Nicaragua, you would:
pay 24.5% more for restaurants
Nicaragua
|
South Korea
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.22
NIO154.93
|
$6.44
₩8,729
|
|
Fast food combo meal
McDonalds, or similar
|
$5.54
NIO203.47
|
$5.49
₩7,430
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.91
NIO33.55
|
$1.39
₩1,882
|
|
Bottle of water (11 fl. oz) |
$0.79
NIO28.91
|
$0.74
₩998
|
|
pay 81.8% more for groceries
Nicaragua
|
South Korea
|
||
---|---|---|---|
Bread
1 loaf
|
$1.26
NIO46.35
|
$2.87
₩3,886
|
|
Local cheese (8 oz) |
$3.29
NIO120.74
|
$6.02
₩8,152
|
|
Milk (1 gallon) |
$4.46
NIO163.80
|
$7.79
₩10,553
|
|
Eggs
1 dozen
|
$1.84
NIO67.78
|
$3.21
₩4,350
|
|
Boneless chicken breast (1 lb) |
$2.56
NIO94.22
|
$2.83
₩3,834
|
|
Apples (1 lb) |
$2.61
NIO96.04
|
$2.76
₩3,742
|
|
Bananas (1 lb) |
$0.65
NIO23.74
|
$1.39
₩1,882
|
|
Oranges (1 lb) |
$1.67
NIO61.33
|
$2.49
₩3,372
|
|
Tomatoes (1 lb) |
$0.58
NIO21.42
|
$2.03
₩2,750
|
|
Potatoes (1 lb) |
$1.13
NIO41.49
|
$1.69
₩2,288
|
|
Onions (1 lb) |
$0.68
NIO24.97
|
$1.10
₩1,489
|
|
pay 3.1 times more for transportation
Nicaragua
|
South Korea
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.88
NIO179.38
|
$4.58
₩6,198
|
|
Monthly public transit pass |
$7.00
NIO257.25
|
$48.21
₩65,301
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$27,876.80
₩37,756,063
|
|
Taxi trip in downtown area (5 miles) |
$5.64
NIO207.21
|
$8.80
₩11,918
|
|
pay 22.5% more for housing
Nicaragua
|
South Korea
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.16
NIO2,173.99
|
$20.28
₩27,462
|
|
1-Bedroom apartment in downtown area |
$377.78
NIO13,883.33
|
$421.68
₩571,118
|
|
1-Bedroom apartment outside city center |
$266.67
NIO9,800.00
|
$330.55
₩447,700
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.96
NIO2,166.94
|
$129.93
₩175,971
|
|
pay 2.5 times more for childcare
Nicaragua
|
South Korea
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.56
NIO4,614.17
|
$386.50
₩523,473
|
|
Middle school for 1 child, two semesters |
$9,950.00
NIO365,662.50
|
$18,893.14
₩25,588,679
|
|
pay 38.6% more for entertainment and sports
Nicaragua
|
South Korea
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.84
NIO67.49
|
$2.93
₩3,962
|
|
Cappuccino in mid-range area |
$2.33
NIO85.64
|
$3.45
₩4,676
|
|
Pack of cigarettes
Marlboro or similar
|
$3.03
NIO111.20
|
$3.33
₩4,515
|
|
Monthly membership at local gym |
$37.38
NIO1,373.80
|
$48.95
₩66,298
|
|
Movie ticket to theater/cinema |
$6.80
NIO249.80
|
$9.82
₩13,306
|
|
pay 15.7% more for clothing
Nicaragua
|
South Korea
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$41.25
NIO1,515.94
|
$62.63
₩84,831
|
|
Regular dress
from H&M or similar store
|
$40.83
NIO1,500.62
|
$43.35
₩58,708
|
|
Running shoes
Nike or Adidas
|
$90.83
NIO3,338.12
|
$72.22
₩97,813
|
|
Men's business shoes (leather) |
$78.88
NIO2,898.66
|
$98.82
₩133,835
|
|
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