Cost of living comparison

Nicaragua

compared to

Latvia

Riga vs. Managua Cost of Living Summary

Riga is 58.1% more expensive than Managua.

Restaurants: pay 51.0% more in Riga
Groceries: pay 10.4% less in Riga
Transportation: pay 83.4% more in Riga
Housing: pay 2.1 times more in Riga
Childcare: pay 2.8 times more in Riga
Entertainment and Sports: pay 75.0% more in Riga
Clothing: pay 12.0% less in Riga

The cost of childcare, housing, transportation, entertainment and sports, and restaurants in Riga are more expensive than in Managua. Expenses including clothing and groceries are lower in Riga. Notably, childcare, housing, and transportation are significantly more expensive in Riga.

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Riga vs. Managua Cost Breakdown

If you lived in Riga instead of Managua, you would:

Display currency: USD

pay 51.0% more for restaurants

	Managua	Riga
Basic meal with drink at inexpensive restaurant	$10.00 NIO368.55	$16.80 €14.95	+68.0%
Fast food combo meal McDonalds, or similar	$7.61 NIO280.46	$9.24 €8.22	+21.4%
Bottle of Coca-Cola (11 fl. oz)	$0.88 NIO32.54	$1.61 €1.44	+82.7%
Bottle of water (11 fl. oz)	$0.71 NIO26.22	$1.18 €1.05	+65.7%
Average			+51.0%

Managua vs. Riga - Cost of restaurants

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pay 10.4% less for groceries

	Managua	Riga
Bread 1 loaf	$2.37 NIO87.46	$1.43 €1.27	-39.8%
Local cheese (8 oz)	$5.80 NIO213.64	$5.22 €4.65	-9.9%
Milk (1 gallon)	$4.68 NIO172.61	$4.41 €3.92	-5.9%
Eggs 1 dozen	$2.37 NIO87.18	$3.76 €3.34	+58.9%
Boneless chicken breast (1 lb)	$2.87 NIO105.79	$3.91 €3.48	+36.2%
Apples (1 lb)	$1.82 NIO67.08	$1.00 €0.89	-45.3%
Bananas (1 lb)	$0.27 NIO10.03	$0.83 €0.73	+203.4%
Oranges (1 lb)	$0.82 NIO30.09	$1.13 €1.00	+38.2%
Tomatoes (1 lb)	$1.11 NIO41.05	$1.40 €1.24	+25.3%
Potatoes (1 lb)	$1.79 NIO65.90	$0.40 €0.36	-77.6%
Onions (1 lb)	$1.01 NIO37.13	$0.42 €0.37	-58.3%
Average			-10.4%

Managua vs. Riga - Cost of groceries

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pay 83.4% more for transportation

	Managua	Riga
Gasoline (1 gallon)	$5.06 NIO186.38	$7.75 €6.90	+53.3%
Monthly public transit pass	$6.01 NIO221.41	$33.59 €29.90	+459.1%
New Volkswagen Golf 1.4 (standard edition)	$22,973.64 NIO847K	$27,308.11 €24,305.20	+18.9%
Taxi trip in downtown area (5 miles)	$14.69 NIO541.39	$11.42 €10.17	-22.3%
Average			+83.4%

Managua vs. Riga - Cost of transportation

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pay 2.1 times more for housing

	Managua	Riga
Internet connection 50 mbps or faster, cable/dsl	$32.47 NIO1,196.57	$20.41 €18.17	-37.1%
1-Bedroom apartment in downtown area	$256.40 NIO9,449.50	$582.45 €518.40	+127.2%
1-Bedroom apartment outside city center	$181.00 NIO6,670.67	$385.02 €342.68	+112.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$115.83 NIO4,268.74	$286.52 €255.02	+147.4%
Average			+110.2%

Managua vs. Riga - Cost of housing

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pay 2.8 times more for childcare

	Managua	Riga
Private preschool for 1 child, monthly	$235.82 NIO8,690.94	$645.25 €574.29	+173.6%
Middle school for 1 child, two semesters	$6,060.00 NIO223K	$17,635.84 €15,696.53	+191.0%
Average			+182.2%

Managua vs. Riga - Cost of childcare

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pay 75.0% more for entertainment and sports

	Managua	Riga
Domestic/local beer (1 pint)	$1.50 NIO55.28	$5.60 €4.98	+273.2%
Cappuccino in mid-range area	$2.60 NIO95.82	$3.72 €3.31	+43.1%
Pack of cigarettes Marlboro or similar	$2.73 NIO100.51	$6.72 €5.98	+146.4%
Monthly membership at local gym	$34.79 NIO1,282.16	$49.91 €44.42	+43.5%
Movie ticket to theater/cinema	$9.00 NIO331.69	$10.75 €9.57	+19.4%
Average			+75.0%

Managua vs. Riga - Cost of entertainment and sports

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pay 12.0% less for clothing

	Managua	Riga
Regular jeans Levi's brand	$59.88 NIO2,206.90	$69.42 €61.79	+15.9%
Regular dress from H&M or similar store	$65.00 NIO2,395.54	$50.39 €44.85	-22.5%
Running shoes Nike or Adidas	$122.64 NIO4,519.99	$85.85 €76.41	-30.0%
Men's business shoes (leather)	$144.83 NIO5,337.49	$138.10 €122.91	-4.6%
Average			-12.0%

Managua vs. Riga - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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