Cost of Living in Nicaragua vs Latvia comparison

$1,129

Nicaragua

Explore Nicaragua, a captivating country with a population of 5,142,098. Embrace a comfortable lifestyle with an average cost of living at $1129 and a median after-tax salary of $287.61. Enjoy dining at diverse restaurants for $44, shop for essentials at bustling markets with an average of $49, and entrust your childcare needs to facilities costing approximately $4736annually. Keep your wardrobe fresh with a clothing budget of $227and secure a lovely home for $1350per month. Nicaragua also offers an attractive average salary of $287.61. Immerse yourself in the beauty of Nicaragua, where rich culture meets affordability.

$1,474

Latvia

Discover Latvia, a captivating country with a population of 1,909,000. Experience a comfortable way of life, where the average cost of living stands at $1474, and the median after-tax salary amounts to $875.36. Savor the culinary delights of Latvia at various restaurants for an average of $62, explore bustling markets with essentials priced at around $52, and entrust your childcare needs to facilities costing approximately $15119annually. Keep your wardrobe stylish with a clothing budget of ${cloth_two}, and secure a beautiful home for $1635per month. Latvia also boasts an appealing average salary of $875.36. Immerse yourself in the beauty of Latvia, where affordability and cultural richness converge.

restaurant
$ 44
Restaurants
restaurant
$ 62
Restaurants
store
$ 49
Markets
store
$ 52
Markets
child_friendly
$ 4,736
Childcare
child_friendly
$ 15,119
Childcare
checkroom
$ 227
Clothing
checkroom
$ 248
Clothing
night_shelter
$ 1,350
Rent Per Month
night_shelter
$ 1,635
Rent Per Month
account_balance_wallet
$ 287
Salaries
account_balance_wallet
$ 875
Salaries
Nicaragua VS Latvia
restaurant

Restaurants

Nicaragua

Latvia

Difference

Meal, Inexpensive Restaurant

4.0 $ 9.07 $ -55 %

Meal for 2 People, Mid-range Restaurant, Three-course

27.5 $ 38.2 $ -28 %

McMeal at McDonalds (or Equivalent Combo Meal)

5.72 $ 5.73 $ --

Domestic Beer (1 pint draught)

1.25 $ 2.87 $ -56 %

Imported Beer (12 oz small bottle)

2.23 $ 2.24 $ --

Cappuccino (regular)

2.06 $ 2.41 $ -14 %

Coke/Pepsi (12 oz small bottle)

0.78 $ 1.13 $ -30 %

Water (12 oz small bottle)

0.75 $ 1.03 $ -27 %
store

Markets

Nicaragua

Latvia

Difference

Milk (regular), (1 gallon)

0.97 $ 1.1 $ -11 %

Loaf of Fresh White Bread (1 lb)

1.31 $ 1.0 $ 31 %

Rice (white), (1 lb)

1.03 $ 1.99 $ -48 %

Eggs (regular) (12)

1.85 $ 2.08 $ -11 %

Local Cheese (1 lb)

3.49 $ 8.09 $ -56 %

Chicken Fillets (1 lb)

4.9 $ 6.13 $ -20 %

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

6.72 $ 9.14 $ -26 %

Apples (1 lb)

4.18 $ 1.11 $ 276 %

Banana (1 lb)

1.29 $ 1.4 $ -7 %

Oranges (1 lb)

2.03 $ 1.68 $ 20 %

Tomato (1 lb)

1.37 $ 2.47 $ -44 %

Potato (1 lb)

1.42 $ 0.72 $ 97 %

Onion (1 lb)

1.52 $ 0.58 $ 162 %

Lettuce (1 head)

0.87 $ 1.19 $ -26 %

Water (1.5 liter bottle)

0.79 $ 0.66 $ 19 %

Bottle of Wine (Mid-Range)

10.0 $ 6.69 $ 49 %

Domestic Beer (0.5 liter bottle)

1.22 $ 1.29 $ -5 %

Imported Beer (12 oz small bottle)

1.99 $ 1.5 $ 32 %

Cigarettes 20 Pack (Marlboro)

2.92 $ 4.01 $ -27 %
commute

Transportation

Nicaragua

Latvia

Difference

One-way Ticket (Local Transport)

0.2 $ 1.1 $ -81 %

Monthly Pass (Regular Price)

9.57 $ 47.75 $ -79 %

Taxi Start (Normal Tariff)

1.0 $ 1.91 $ -47 %

Taxi 1 mile (Normal Tariff)

0.65 $ 0.67 $ -2 %

Taxi 1hour Waiting (Normal Tariff)

6.05 $ 9.55 $ -36 %

Gasoline (1 gallon)

1.24 $ 1.77 $ -29 %

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

17000.0 $ 20584.72 $ -17 %

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

24500.0 $ 19420.6 $ 26 %
mark_as_unread

Utilities (Monthly)

Nicaragua

Latvia

Difference

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

62.06 $ 229.48 $ -72 %

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.33 $ 0.1 $ 229 %

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

55.74 $ 14.8 $ 276 %
kitesurfing

Sports And Leisure

Nicaragua

Latvia

Difference

Fitness Club, Monthly Fee for 1 Adult

27.66 $ 34.1 $ -18 %

Tennis Court Rent (1 Hour on Weekend)

17.25 $ 20.04 $ -13 %

Cinema, International Release, 1 Seat

6.0 $ 7.64 $ -21 %
child_friendly

Childcare

Nicaragua

Latvia

Difference

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

150.73 $ 313.94 $ -51 %

International Primary School, Yearly for 1 Child

4585.57 $ 14805.32 $ -69 %
checkroom

Clothing And Shoes

Nicaragua

Latvia

Difference

1 Pair of Jeans (Levis 501 Or Similar)

44.87 $ 55.16 $ -18 %

1 Summer Dress in a Chain Store (Zara, H&M, ...)

37.93 $ 36.95 $ 2 %

1 Pair of Nike Running Shoes (Mid-Range)

70.35 $ 62.53 $ 12 %

1 Pair of Men Leather Business Shoes

74.27 $ 94.06 $ -21 %
night_shelter

Rent Per Month

Nicaragua

Latvia

Difference

Apartment (1 bedroom) in City Centre

264.96 $ 342.65 $ -22 %

Apartment (1 bedroom) Outside of Centre

207.65 $ 249.96 $ -16 %

Apartment (3 bedrooms) in City Centre

498.02 $ 610.57 $ -18 %

Apartment (3 bedrooms) Outside of Centre

380.2 $ 432.51 $ -12 %
home

Buy Apartment Price

Nicaragua

Latvia

Difference

Price per Square Feet to Buy Apartment in City Centre

1004.17 $ 1694.13 $ -40 %

Price per Square Feet to Buy Apartment Outside of Centre

571.1 $ 1070.72 $ -46 %
account_balance_wallet

Salaries And Financing

Nicaragua

Latvia

Difference

Average Monthly Net Salary (After Tax)

287.61 $ 875.36 $ -67 %

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

12.84 % 2.54 % 405 %