Cost of living comparison
Managua is 53.4% cheaper than Reykjavik.
If you lived in Managua instead of Reykjavik, you would:
pay 68.7% less for restaurants
Reykjavik
|
Managua
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$18.40
kr2,586
|
$4.95
C$181.93
|
|
Fast food combo meal
McDonalds, or similar
|
$15.62
kr2,196
|
$5.52
C$202.79
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
kr356
|
$0.65
C$23.70
|
|
Bottle of water (11 fl. oz) |
$2.03
kr285
|
$0.76
C$27.88
|
|
pay 43.9% less for groceries
Reykjavik
|
Managua
|
||
---|---|---|---|
Bread
1 loaf
|
$3.40
kr478
|
$1.38
C$50.74
|
|
Local cheese (8 oz) |
$7.20
kr1,011
|
$1.90
C$69.81
|
|
Milk (1 gallon) |
$5.90
kr828
|
$3.95
C$144.97
|
|
Eggs
1 dozen
|
$5.64
kr793
|
$1.98
C$72.67
|
|
Boneless chicken breast (1 lb) |
$8.08
kr1,136
|
$2.29
C$84.26
|
|
Apples (1 lb) |
$1.57
kr220
|
$2.18
C$80.18
|
|
Bananas (1 lb) |
$0.93
kr131
|
$0.48
C$17.74
|
|
Oranges (1 lb) |
$1.23
kr173
|
$0.78
C$28.48
|
|
Tomatoes (1 lb) |
$2.22
kr311
|
$0.69
C$25.49
|
|
Potatoes (1 lb) |
$1.24
kr175
|
$0.67
C$24.76
|
|
Onions (1 lb) |
$0.69
kr97
|
$0.55
C$20.21
|
|
pay 61.2% less for transportation
Reykjavik
|
Managua
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.90
kr1,250
|
$4.73
C$173.62
|
|
Monthly public transit pass |
$65.56
kr9,212
|
$10.00
C$367.21
|
|
New Volkswagen Golf 1.4 (standard edition) |
$37,150.35
kr5,220,368
|
$19,000.00
C$697,690.34
|
|
Taxi trip in downtown area (5 miles) |
$29.44
kr4,137
|
$10.46
C$384.20
|
|
pay 51.2% less for housing
Reykjavik
|
Managua
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.04
kr8,999
|
$58.25
C$2,138.80
|
|
1-Bedroom apartment in downtown area |
$1,613.16
kr226,681
|
$235.71
C$8,655.56
|
|
1-Bedroom apartment outside city center |
$1,379.70
kr193,876
|
$186.67
C$6,854.50
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$69.31
kr9,740
|
$52.74
C$1,936.60
|
|
pay 46.5% less for childcare
Reykjavik
|
Managua
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$282.44
kr39,688
|
$126.63
C$4,650.07
|
|
Middle school for 1 child, two semesters |
$6,058.18
kr851,295
|
$3,774.75
C$138,610.82
|
|
pay 62.5% less for entertainment and sports
Reykjavik
|
Managua
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.47
kr1,331
|
$1.95
C$71.61
|
|
Cappuccino in mid-range area |
$4.53
kr636
|
$2.17
C$79.58
|
|
Pack of cigarettes
Marlboro or similar
|
$11.66
kr1,638
|
$3.00
C$110.16
|
|
Monthly membership at local gym |
$67.30
kr9,458
|
$30.40
C$1,116.34
|
|
Movie ticket to theater/cinema |
$13.66
kr1,919
|
$6.57
C$241.36
|
|
pay 39.5% less for clothing
Reykjavik
|
Managua
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.17
kr15,199
|
$46.93
C$1,723.31
|
|
Regular dress
from H&M or similar store
|
$43.41
kr6,101
|
$42.70
C$1,567.79
|
|
Running shoes
Nike or Adidas
|
$137.74
kr19,355
|
$77.56
C$2,848.09
|
|
Men's business shoes (leather) |
$182.49
kr25,644
|
$80.63
C$2,960.66
|
|
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