Cost of living comparison
Managua is 45.0% cheaper than Iceland.
If you lived in Managua instead of Iceland, you would:
pay 67.5% less for restaurants
Iceland
|
Managua
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
ISK2,491
|
$4.95
NIO181.88
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
ISK1,992
|
$5.52
NIO202.74
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
ISK324
|
$0.65
NIO23.70
|
|
Bottle of water (11 fl. oz) |
$2.12
ISK296
|
$0.76
NIO27.87
|
|
pay 33.4% less for groceries
Iceland
|
Managua
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
ISK478
|
$1.38
NIO50.72
|
|
Local cheese (8 oz) |
$5.98
ISK835
|
$1.90
NIO69.79
|
|
Milk (1 gallon) |
$5.33
ISK744
|
$3.95
NIO144.93
|
|
Eggs
1 dozen
|
$5.66
ISK790
|
$1.98
NIO72.65
|
|
Boneless chicken breast (1 lb) |
$7.09
ISK991
|
$2.29
NIO84.23
|
|
Apples (1 lb) |
$1.16
ISK162
|
$2.18
NIO80.16
|
|
Bananas (1 lb) |
$0.98
ISK137
|
$0.48
NIO17.74
|
|
Oranges (1 lb) |
$1.17
ISK164
|
$0.78
NIO28.47
|
|
Tomatoes (1 lb) |
$1.84
ISK256
|
$0.69
NIO25.49
|
|
Potatoes (1 lb) |
$0.96
ISK134
|
$0.67
NIO24.75
|
|
Onions (1 lb) |
$0.51
ISK71
|
$0.55
NIO20.20
|
|
pay 55.2% less for transportation
Iceland
|
Managua
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
ISK1,122
|
$4.73
NIO173.57
|
|
Monthly public transit pass |
$77.40
ISK10,808
|
$10.00
NIO367.10
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
ISK4,166,415
|
$19,000.00
NIO697,498.51
|
|
Taxi trip in downtown area (5 miles) |
$23.97
ISK3,347
|
$10.46
NIO384.09
|
|
pay 49.5% less for housing
Iceland
|
Managua
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
ISK8,714
|
$58.25
NIO2,138.21
|
|
1-Bedroom apartment in downtown area |
$1,437.14
ISK200,683
|
$235.71
NIO8,653.18
|
|
1-Bedroom apartment outside city center |
$1,215.63
ISK169,750
|
$186.67
NIO6,852.62
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
ISK9,583
|
$52.74
NIO1,936.07
|
|
pay 7.0% less for childcare
Iceland
|
Managua
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
ISK36,215
|
$126.63
NIO4,648.80
|
|
Middle school for 1 child, two semesters |
$2,750.10
ISK384,024
|
$3,774.75
NIO138,572.71
|
|
pay 58.0% less for entertainment and sports
Iceland
|
Managua
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
ISK1,190
|
$1.95
NIO71.59
|
|
Cappuccino in mid-range area |
$4.15
ISK580
|
$2.17
NIO79.56
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
ISK1,485
|
$3.00
NIO110.13
|
|
Monthly membership at local gym |
$56.90
ISK7,946
|
$30.40
NIO1,116.03
|
|
Movie ticket to theater/cinema |
$12.27
ISK1,714
|
$6.57
NIO241.29
|
|
pay 44.6% less for clothing
Iceland
|
Managua
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
ISK16,488
|
$46.93
NIO1,722.83
|
|
Regular dress
from H&M or similar store
|
$50.39
ISK7,036
|
$42.70
NIO1,567.36
|
|
Running shoes
Nike or Adidas
|
$151.12
ISK21,102
|
$77.56
NIO2,847.31
|
|
Men's business shoes (leather) |
$175.20
ISK24,465
|
$80.63
NIO2,959.84
|
|
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