Cost of living comparison
Monaco is 6.3 times more expensive than Nicaragua.
If you lived in Monaco instead of Nicaragua, you would:
pay 6.9 times more for restaurants
Nicaragua
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.22
NIO155.08
|
$40.07
€36.91
|
|
Fast food combo meal
McDonalds, or similar
|
$5.54
NIO203.67
|
$11.16
€10.28
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.91
NIO33.58
|
$5.85
€5.39
|
|
Bottle of water (11 fl. oz) |
$0.79
NIO28.93
|
$7.58
€6.98
|
|
pay 2.5 times more for groceries
Nicaragua
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$1.26
NIO46.40
|
$5.05
€4.66
|
|
Local cheese (8 oz) |
$3.29
NIO120.86
|
$10.83
€9.98
|
|
Milk (1 gallon) |
$4.46
NIO163.96
|
$8.71
€8.02
|
|
Eggs
1 dozen
|
$1.84
NIO67.85
|
$4.52
€4.17
|
|
Boneless chicken breast (1 lb) |
$2.56
NIO94.31
|
$6.49
€5.98
|
|
Apples (1 lb) |
$2.61
NIO96.13
|
$1.88
€1.73
|
|
Bananas (1 lb) |
$0.65
NIO23.76
|
$2.25
€2.07
|
|
Oranges (1 lb) |
$1.67
NIO61.38
|
$1.66
€1.53
|
|
Tomatoes (1 lb) |
$0.58
NIO21.44
|
$2.46
€2.27
|
|
Potatoes (1 lb) |
$1.13
NIO41.53
|
$1.71
€1.57
|
|
Onions (1 lb) |
$0.68
NIO25.00
|
$1.78
€1.64
|
|
pay 3.3 times more for transportation
Nicaragua
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.88
NIO179.55
|
$8.77
€8.07
|
|
Monthly public transit pass |
$7.00
NIO257.50
|
$30.05
€27.68
|
|
New Volkswagen Golf 1.4 (standard edition) | ?? |
$49,675.27
€45,756.24
|
|
Taxi trip in downtown area (5 miles) |
$5.64
NIO207.41
|
$21.66
€19.95
|
|
pay 10.0 times more for housing
Nicaragua
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$59.16
NIO2,176.10
|
$88.99
€81.97
|
|
1-Bedroom apartment in downtown area |
$377.78
NIO13,896.79
|
$6,575.69
€6,056.91
|
|
1-Bedroom apartment outside city center |
$266.67
NIO9,809.50
|
$4,417.00
€4,068.53
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.96
NIO2,169.04
|
$269.58
€248.31
|
|
pay 12.6 times more for childcare
Nicaragua
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$125.56
NIO4,618.64
|
$2,788.69
€2,568.68
|
|
Middle school for 1 child, two semesters |
$9,950.00
NIO366,017.03
|
$29,714.46
€27,370.20
|
|
pay 5.4 times more for entertainment and sports
Nicaragua
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.84
NIO67.55
|
$8.93
€8.23
|
|
Cappuccino in mid-range area |
$2.33
NIO85.72
|
$4.85
€4.47
|
|
Pack of cigarettes
Marlboro or similar
|
$3.03
NIO111.30
|
$12.18
€11.22
|
|
Monthly membership at local gym |
$37.38
NIO1,375.13
|
$517.80
€476.95
|
|
Movie ticket to theater/cinema |
$6.80
NIO250.04
|
$15.16
€13.97
|
|
pay 3.3 times more for clothing
Nicaragua
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$41.25
NIO1,517.41
|
$156.40
€144.06
|
|
Regular dress
from H&M or similar store
|
$40.83
NIO1,502.08
|
$65.34
€60.19
|
|
Running shoes
Nike or Adidas
|
$90.83
NIO3,341.36
|
$188.26
€173.41
|
|
Men's business shoes (leather) |
$78.88
NIO2,901.47
|
$451.61
€415.98
|
|
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