Cost of living comparison

Latvia

compared to

Nicaragua

Managua vs. Riga Cost of Living Summary

Managua is 36.7% cheaper than Riga.

Restaurants: pay 33.8% less in Managua
Groceries: pay 11.7% more in Managua
Transportation: pay 45.5% less in Managua
Housing: pay 52.4% less in Managua
Childcare: pay 64.6% less in Managua
Entertainment and Sports: pay 42.9% less in Managua
Clothing: pay 13.6% more in Managua

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

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Managua vs. Riga Cost Breakdown

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

Display currency: USD

pay 33.8% less for restaurants

	Riga	Managua
Basic meal with drink at inexpensive restaurant	$16.80 €14.95	$10.00 NIO368.55	-40.5%
Fast food combo meal McDonalds, or similar	$9.24 €8.22	$7.61 NIO280.46	-17.6%
Bottle of Coca-Cola (11 fl. oz)	$1.61 €1.44	$0.88 NIO32.54	-45.3%
Bottle of water (11 fl. oz)	$1.18 €1.05	$0.71 NIO26.22	-39.6%
Average			-33.8%

Riga vs. Managua - Cost of restaurants

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pay 11.7% more for groceries

	Riga	Managua
Bread 1 loaf	$1.43 €1.27	$2.37 NIO87.46	+66.1%
Local cheese (8 oz)	$5.22 €4.65	$5.80 NIO213.64	+11.0%
Milk (1 gallon)	$4.41 €3.92	$4.68 NIO172.61	+6.2%
Eggs 1 dozen	$3.76 €3.34	$2.37 NIO87.18	-37.0%
Boneless chicken breast (1 lb)	$3.91 €3.48	$2.87 NIO105.79	-26.6%
Apples (1 lb)	$1.00 €0.89	$1.82 NIO67.08	+82.8%
Bananas (1 lb)	$0.83 €0.73	$0.27 NIO10.03	-67.0%
Oranges (1 lb)	$1.13 €1.00	$0.82 NIO30.09	-27.6%
Tomatoes (1 lb)	$1.40 €1.24	$1.11 NIO41.05	-20.2%
Potatoes (1 lb)	$0.40 €0.36	$1.79 NIO65.90	+345.7%
Onions (1 lb)	$0.42 €0.37	$1.01 NIO37.13	+139.7%
Average			+11.7%

Riga vs. Managua - Cost of groceries

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pay 45.5% less for transportation

	Riga	Managua
Gasoline (1 gallon)	$7.75 €6.90	$5.06 NIO186.38	-34.8%
Monthly public transit pass	$33.59 €29.90	$6.01 NIO221.41	-82.1%
New Volkswagen Golf 1.4 (standard edition)	$27,308.11 €24,305.20	$22,973.64 NIO847K	-15.9%
Taxi trip in downtown area (5 miles)	$11.42 €10.17	$14.69 NIO541.39	+28.6%
Average			-45.5%

Riga vs. Managua - Cost of transportation

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pay 52.4% less for housing

	Riga	Managua
Internet connection 50 mbps or faster, cable/dsl	$20.41 €18.17	$32.47 NIO1,196.57	+59.0%
1-Bedroom apartment in downtown area	$582.45 €518.40	$256.40 NIO9,449.50	-56.0%
1-Bedroom apartment outside city center	$385.02 €342.68	$181.00 NIO6,670.67	-53.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$286.52 €255.02	$115.83 NIO4,268.74	-59.6%
Average			-52.4%

Riga vs. Managua - Cost of housing

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pay 64.6% less for childcare

	Riga	Managua
Private preschool for 1 child, monthly	$645.25 €574.29	$235.82 NIO8,690.94	-63.5%
Middle school for 1 child, two semesters	$17,635.84 €15,696.53	$6,060.00 NIO223K	-65.6%
Average			-64.6%

Riga vs. Managua - Cost of childcare

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pay 42.9% less for entertainment and sports

	Riga	Managua
Domestic/local beer (1 pint)	$5.60 €4.98	$1.50 NIO55.28	-73.2%
Cappuccino in mid-range area	$3.72 €3.31	$2.60 NIO95.82	-30.1%
Pack of cigarettes Marlboro or similar	$6.72 €5.98	$2.73 NIO100.51	-59.4%
Monthly membership at local gym	$49.91 €44.42	$34.79 NIO1,282.16	-30.3%
Movie ticket to theater/cinema	$10.75 €9.57	$9.00 NIO331.69	-16.3%
Average			-42.9%

Riga vs. Managua - Cost of entertainment and sports

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pay 13.6% more for clothing

	Riga	Managua
Regular jeans Levi's brand	$69.42 €61.79	$59.88 NIO2,206.90	-13.7%
Regular dress from H&M or similar store	$50.39 €44.85	$65.00 NIO2,395.54	+29.0%
Running shoes Nike or Adidas	$85.85 €76.41	$122.64 NIO4,519.99	+42.9%
Men's business shoes (leather)	$138.10 €122.91	$144.83 NIO5,337.49	+4.9%
Average			+13.6%

Riga vs. Managua - 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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