Cost of living comparison

compared to

Nicaragua vs. Venezuela Cost of Living Summary

Nicaragua is 23.9% more expensive than Venezuela overall.

Restaurants: pay 36.8% less in Nicaragua
Groceries: pay 7.1% less in Nicaragua
Transportation: pay 2.4% less in Nicaragua
Housing: pay 2.2 times more in Nicaragua
Childcare: pay 47.1% more in Nicaragua
Entertainment and Sports: pay 6.7% more in Nicaragua
Clothing: pay 42.6% more in Nicaragua

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

Nicaragua vs. Venezuela Cost Breakdown

If you lived in Nicaragua instead of Venezuela, you would:

Display currency: USD

pay 36.8% less for restaurants

	Venezuela	Nicaragua
Basic meal with drink at inexpensive restaurant	$8.27 VEF82.48	$4.57 NIO167.54	-44.8%
Fast food combo meal McDonalds, or similar	$9.58 VEF95.53	$6.80 NIO249.70	-28.9%
Bottle of Coca-Cola (11 fl. oz)	$1.21 VEF12.05	$0.82 NIO30.05	-32.2%
Bottle of water (11 fl. oz)	$1.02 VEF10.20	$0.60 NIO22.01	-41.3%
Average			-36.8%

Venezuela vs. Nicaragua - Cost of restaurants

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pay 7.1% less for groceries

	Venezuela	Nicaragua
Bread 1 loaf	$1.95 VEF19.46	$1.74 NIO63.99	-10.6%
Local cheese (8 oz)	$2.93 VEF29.24	$3.29 NIO120.87	+12.4%
Milk (1 gallon)	$7.15 VEF71.33	$4.55 NIO166.90	-36.4%
Eggs 1 dozen	$2.52 VEF25.18	$1.98 NIO72.59	-21.6%
Boneless chicken breast (1 lb)	$3.00 VEF29.96	$2.48 NIO90.82	-17.6%
Apples (1 lb)	$2.45 VEF24.44	$1.77 NIO64.95	-27.8%
Bananas (1 lb)	$0.63 VEF6.32	$0.39 NIO14.44	-37.9%
Oranges (1 lb)	$0.69 VEF6.92	$0.82 NIO29.96	+17.7%
Tomatoes (1 lb)	$0.90 VEF9.00	$0.87 NIO32.04	-3.2%
Potatoes (1 lb)	$0.86 VEF8.61	$1.24 NIO45.67	+44.3%
Onions (1 lb)	$0.85 VEF8.51	$0.88 NIO32.12	+2.5%
Average			-7.1%

Venezuela vs. Nicaragua - Cost of groceries

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pay 2.4% less for transportation

	Venezuela	Nicaragua
Gasoline (1 gallon)	$1.89 VEF18.88	$4.95 NIO181.64	+161.5%
Monthly public transit pass	$28.25 VEF281.77	$5.00 NIO183.61	-82.3%
New Volkswagen Golf 1.4 (standard edition)	$26,687.50 VEF266,194.50	$22,973.64 NIO843,003.80	-13.9%
Taxi trip in downtown area (5 miles)	$22.35 VEF222.88	$5.56 NIO204.17	-75.1%
Average			-2.4%

Venezuela vs. Nicaragua - Cost of transportation

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pay 2.2 times more for housing

	Venezuela	Nicaragua
Internet connection 50 mbps or faster, cable/dsl	$36.50 VEF364.02	$36.35 NIO1,333.96	-0.4%
1-Bedroom apartment in downtown area	$195.38 VEF1,948.84	$326.67 NIO11,986.84	+67.2%
1-Bedroom apartment outside city center	$132.78 VEF1,324.39	$283.96 NIO10,419.68	+113.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$14.35 VEF143.11	$55.87 NIO2,050.11	+289.4%
Average			+117.5%

Venezuela vs. Nicaragua - Cost of housing

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pay 47.1% more for childcare

	Venezuela	Nicaragua
Private preschool for 1 child, monthly	$75.56 VEF753.63	$118.12 NIO4,334.53	+56.3%
Middle school for 1 child, two semesters	$4,352.50 VEF43,414.02	$6,000.00 NIO220,166.41	+37.9%
Average			+47.1%

Venezuela vs. Nicaragua - Cost of childcare

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pay 6.7% more for entertainment and sports

	Venezuela	Nicaragua
Domestic/local beer (1 pint)	$1.40 VEF13.97	$1.31 NIO47.93	-6.8%
Cappuccino in mid-range area	$2.20 VEF21.96	$2.16 NIO79.30	-1.8%
Pack of cigarettes Marlboro or similar	$3.51 VEF34.99	$2.66 NIO97.58	-24.2%
Monthly membership at local gym	$33.36 VEF332.70	$33.69 NIO1,236.40	+1.0%
Movie ticket to theater/cinema	$4.83 VEF48.21	$8.00 NIO293.56	+65.5%
Average			+6.7%

Venezuela vs. Nicaragua - Cost of entertainment and sports

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pay 42.6% more for clothing

	Venezuela	Nicaragua
Regular jeans Levi's brand	$43.83 VEF437.18	$61.83 NIO2,268.67	+41.1%
Regular dress from H&M or similar store	$37.95 VEF378.50	$61.88 NIO2,270.47	+63.1%
Running shoes Nike or Adidas	$73.01 VEF728.25	$108.23 NIO3,971.55	+48.2%
Men's business shoes (leather)	$76.30 VEF761.08	$89.99 NIO3,302.29	+17.9%
Average			+42.6%

Venezuela vs. Nicaragua - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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