Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.68 times more expensive as compared to Armenia.
On this page, you will find side-by-side cost comparison between Nicaragua and Armenia. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Nicaragua and Armenia.
We always try to give you the latest data, but sometimes mistakes might occur. If you think some content on our site is not updated, please let us know by emailing us at: info.comparedoo@gmail.com
 Indicators  | Nicaragua  | Armenia  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 150,000 AMD (375 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 250,000 AMD (625 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 350,000 AMD (875 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 100,000 AMD (250 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 180,000 AMD (450 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 250,000 AMD (625 USD) |
Mortgage Rates Per Month  | 3 % | 6.5 % |
Realtor Commission  | 5 % | 2 % |
Property Taxes  | Yet to Update | Yet to Update |
The average housing cost in Nicaragua is 1.29 times less expensive than Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 150,000 AMD (375 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 15,000 AMD (37.50 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 20,000 AMD (50 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 10,000 AMD (25 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 5,000 AMD (12.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 697.58% more for Utilities.
The basic home furnishing in Nicaragua costs 10.08 times more compared to Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 12,000 AMD (30 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 5,000 AMD (12.50 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 3,000 AMD (7.50 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 8,000 AMD (20 USD) |
The internet and communication costs 55.25% more in Nicaragua compared to Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 800 AMD (2 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 500 AMD (1.25 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 200 AMD (0.50 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 400 AMD (1 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 1,000 AMD (2.50 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 3,500 AMD (8.75 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 2,500 AMD (6.25 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.23 times less expensive than the cost in Armenia.
If you lived in Nicaragua, instead of Armenia, you would have to pay 17.30% less for Groceries.
Indicators | Nicaragua | Armenia |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 600 AMD (1.50 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 800 AMD (2 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 700 AMD (1.75 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 800 AMD (2 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 500 AMD (1.25 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 900 AMD (2.25 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 400 AMD (1 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 1,200 AMD (3 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.08 times less for Fruits and Vegetables.
Indicators | Nicaragua | Armenia |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 3,500 AMD (8.75 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 15,000 AMD (37.50 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 2,500 AMD (6.25 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 1,200 AMD (3 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 600 AMD (1.50 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 4,000 AMD (10 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 3,500 AMD (8.75 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 1,200 AMD (3 USD) |
Dining-Out costs 32.80% less in Nicaragua compared to Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 3,000 AMD (7.50 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 1,000 AMD (2.50 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 500 AMD (1.25 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 1,000 AMD (2.50 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 2,000 AMD (5 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 4,000 AMD (10 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.27 times more for usual hard drinks.
Indicators | Nicaragua | Armenia |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 5,000 AMD (12.50 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 100 AMD (0.25 USD) |
Single Train Ticket  | Yet to Update () | 2,000 AMD (5 USD) |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 20,000 AMD (50 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 600 AMD (1.50 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 150 AMD (0.38 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 10,000 AMD (25 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 500 AMD (1.25 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 300 AMD (0.75 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.81 times more for transportation.
Indicators | Nicaragua | Armenia |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 6,000,000 AMD (15,000 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 60,000 AMD (150 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 30,000 AMD (75 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 80,000 AMD (200 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 10,000 AMD (25 USD) |
Car Loan Interest Rates  | 10 % | 8 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 450 AMD (1.13 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 1,700 AMD (4.25 USD) |
Average Toll Fees  | Yet to Update | 200 AMD 0.50 USD |
You would have to pay 1.05 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 5,000 AMD (12.50 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 10,000 AMD (25 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 8,000 AMD (20 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 3,000 AMD (7.50 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 5,000 AMD (12.50 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 7,000 AMD (17.50 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 4,000 AMD (10 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 15,000 AMD (37.50 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 25,000 AMD (62.50 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 3,000 AMD (7.50 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 5,000 AMD (12.50 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 1,000 AMD (2.50 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 20,000 AMD (50 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 5,000 AMD (12.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 3.10 times more for Health and Medical Treatment.
Indicators | Nicaragua | Armenia |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 50,000 AMD (125 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 10,000 AMD (25 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 5,000 AMD (12.50 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 20,000 AMD (50 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 15,000 AMD (37.50 USD) |
Haircuts  | 350 NIO (9.45 USD) | 3,000 AMD (7.50 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 5,000 AMD (12.50 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 1,500 AMD (3.75 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 1,000 AMD (2.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.34 times less for Personal Care Items and Treatment.
Indicators | Nicaragua | Armenia |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 35,000 AMD (87.50 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 10,000 AMD (25 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 20,000 AMD (50 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 10,000 AMD (25 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 100,000 AMD (250 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 15,000 AMD (37.50 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 15,000 AMD (37.50 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 30,000 AMD (75 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 25,000 AMD (62.50 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 25,000 AMD (62.50 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 20,000 AMD (50 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 2,000 AMD (5 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 2,500 AMD (6.25 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 1,000 AMD (2.50 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 1,000 AMD (2.50 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 50,000 AMD (125 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 15,000 AMD (37.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.31 times more for Clothing and Footwear for Adults.
Indicators | Nicaragua | Armenia |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 8,000 AMD (20 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 12,000 AMD (30 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 20,000 AMD (50 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 50,000 AMD (125 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 40,000 AMD (100 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 4,000 AMD (10 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 15,000 AMD (37.50 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 8,000 AMD (20 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 20,000 AMD (50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 3.46 times more for Childcare and kids clothing.
Indicators | Nicaragua | Armenia |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 30,000 AMD (75 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 20,000 AMD (50 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 25,000 AMD (62.50 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 70,000 AMD (175 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 100,000 AMD (250 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 200,000 AMD (500 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 5,000 AMD (12.50 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 20,000 AMD (50 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 6,000 AMD (15 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 3,000 AMD (7.50 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 5,000 AMD (12.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 9.77 times more for school and education.
Indicators | Nicaragua | Armenia |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 2,500 AMD (6.25 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 5,000 AMD (12.50 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 10,000 AMD (25 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 5,000 AMD (12.50 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 15,000 AMD (37.50 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 3,000 AMD (7.50 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 1,500 AMD (3.75 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 2,000 AMD (5 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 5,000 AMD (12.50 USD) |
Bowling  | 175 NIO (4.72 USD) | 4,000 AMD (10 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 3,000 AMD (7.50 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 12,000 AMD (30 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 2,000 AMD (5 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 5,000 AMD (12.50 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 40,000 AMD (100 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 1.18 times more for entertainment, recreation and fun activities.
Indicators | Nicaragua | Armenia |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 10,000 AMD (25 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 4,000 AMD (10 USD) |
Art Classes  | 525 NIO (14.18 USD) | 6,000 AMD (15 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 7,000 AMD (17.50 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 10,000 AMD (25 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 8,000 AMD (20 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 3,000 AMD (7.50 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 3,000 AMD (7.50 USD) |
If you lived in Nicaragua, instead of Armenia, you would have to pay 7.04 times more for Private Classes.
Indicators | Nicaragua | Armenia |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 250,000 AMD (625 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 200,000 AMD (500 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 2,266.67 AMD per hour (5.67 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 50,000 AMD (125 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 20 % |
Social Security Contributions  | 10 % | 2.5 % |
Pension Contributions  | 5 % | 5 % |
Cost of Living Index  | 35 | 35 |
Median Household Income  | 70,000 NIO (1,890 USD) | 220,000 AMD (550 USD) |
If you lived in Nicaragua, you would earn 1.94 times more salary as compared to Armenia.
Indicators | Nicaragua | Armenia |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 20,000 AMD (50 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 15,000 AMD (37.50 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 10,000 AMD (25 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 5,000 AMD (12.50 USD) |
Professional Services cost 1.13 times more in Nicaragua, as compared to Armenia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Armenia.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.
