Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.03 times more expensive as compared to Bosnia and Herzegovina.
On this page, you will find side-by-side cost comparison between Nicaragua and Bosnia and Herzegovina. 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 Bosnia and Herzegovina.
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 Indicators  | Nicaragua  | Bosnia and Herzegovina  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 389.66 BAM (210.42 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 645 BAM (348.30 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 1,109 BAM (598.86 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 289.70 BAM (156.44 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 459 BAM (247.86 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 643 BAM (347.22 USD) |
Mortgage Rates Per Month  | 3 % | 4.11 % |
Realtor Commission  | 5 % | 5 % |
Property Taxes  | Yet to Update | Yet to Update |
The average housing cost in Nicaragua is 1.28 times more expensive than Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 1,000 BAM (540 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 50 BAM (27 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 150 BAM (81 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 50 BAM (27 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 20 BAM (10.80 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 481.50% more for Utilities.
The basic home furnishing in Nicaragua costs 7.00 times more compared to Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 44 BAM (23.76 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 20 BAM (10.80 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 15 BAM (8.10 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 25 BAM (13.50 USD) |
The internet and communication costs 93.51% more in Nicaragua compared to Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 2.50 BAM (1.35 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 2.23 BAM (1.20 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 1.70 BAM (0.92 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 1.65 BAM (0.89 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 5.17 BAM (2.79 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 11 BAM (5.94 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 5.58 BAM (3.01 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.50 times less expensive than the cost in Bosnia and Herzegovina.
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 14.23% more for Groceries.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 2.29 BAM (1.24 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 1.25 BAM (0.68 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 1.20 BAM (0.65 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 3.31 BAM (1.79 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 1.58 BAM (0.85 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 3 BAM (1.62 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 0.71 BAM (0.38 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 3 BAM (1.62 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.55 times more for Fruits and Vegetables.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 9.79 BAM (5.29 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 50 BAM (27 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 8.45 BAM (4.56 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 2.34 BAM (1.26 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 2.61 BAM (1.41 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 8 BAM (4.32 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 10 BAM (5.40 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 6.08 BAM (3.28 USD) |
Dining-Out costs 0.75% more in Nicaragua compared to Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 17 BAM (9.18 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 5 BAM (2.70 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 1.65 BAM (0.89 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 2.86 BAM (1.54 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 20 BAM (10.80 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 30 BAM (16.20 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.14 times less for usual hard drinks.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 59.33 BAM (32.04 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 1.50 BAM (0.81 USD) |
Single Train Ticket  | Yet to Update () | 5 BAM (2.70 USD) |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 100 BAM (54 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 2 BAM (1.08 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 3 BAM (1.62 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 50 BAM (27 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 2 BAM (1.08 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 1 BAM (0.54 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.45 times more for transportation.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 42,377.19 BAM (22,883.68 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 50 BAM (27 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 100 BAM (54 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 400 BAM (216 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 200 BAM (108 USD) |
Car Loan Interest Rates  | 10 % | 4 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 2.92 BAM (1.58 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 9.90 BAM (5.35 USD) |
Average Toll Fees  | Yet to Update | 5 BAM 2.70 USD |
You would have to pay 1.59 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 20 BAM (10.80 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 50 BAM (27 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 30 BAM (16.20 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 25 BAM (13.50 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 50 BAM (27 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 50 BAM (27 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 50 BAM (27 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 100 BAM (54 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 200 BAM (108 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 30 BAM (16.20 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 10 BAM (5.40 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 5 BAM (2.70 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 100 BAM (54 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 50 BAM (27 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 2.16 times more for Health and Medical Treatment.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 200 BAM (108 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 50 BAM (27 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 20 BAM (10.80 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 100 BAM (54 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 50 BAM (27 USD) |
Haircuts  | 350 NIO (9.45 USD) | 10 BAM (5.40 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 20 BAM (10.80 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 5 BAM (2.70 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 3 BAM (1.62 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.20 times less for Personal Care Items and Treatment.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 178 BAM (96.12 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 50 BAM (27 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 70 BAM (37.80 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 50 BAM (27 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 300 BAM (162 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 144 BAM (77.76 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 100 BAM (54 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 144 BAM (77.76 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 100 BAM (54 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 100 BAM (54 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 80 BAM (43.20 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 10 BAM (5.40 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 10 BAM (5.40 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 5 BAM (2.70 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 5 BAM (2.70 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 200 BAM (108 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 80 BAM (43.20 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.40 times more for Clothing and Footwear for Adults.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 60 BAM (32.40 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 80 BAM (43.20 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 100 BAM (54 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 275.19 BAM (148.60 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 275.19 BAM (148.60 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 100 BAM (54 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 200 BAM (108 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 50 BAM (27 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 200 BAM (108 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 2.12 times more for Childcare and kids clothing.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 275.19 BAM (148.60 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 2,000 BAM (1,080 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 3,000 BAM (1,620 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 4,000 BAM (2,160 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 3,000 BAM (1,620 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 5,000 BAM (2,700 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 50 BAM (27 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 300 BAM (162 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 20 BAM (10.80 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 100 BAM (54 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 50 BAM (27 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.23 times more for school and education.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 7.38 BAM (3.99 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 20 BAM (10.80 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 30 BAM (16.20 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 15 BAM (8.10 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 44.42 BAM (23.99 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 20 BAM (10.80 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 5 BAM (2.70 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 5 BAM (2.70 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 10 BAM (5.40 USD) |
Bowling  | 175 NIO (4.72 USD) | 10 BAM (5.40 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 10 BAM (5.40 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 50 BAM (27 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 10 BAM (5.40 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 20 BAM (10.80 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 100 BAM (54 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 1.77 times more for entertainment, recreation and fun activities.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 50 BAM (27 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 50 BAM (27 USD) |
Art Classes  | 525 NIO (14.18 USD) | 20 BAM (10.80 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 15 BAM (8.10 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 20 BAM (10.80 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 20 BAM (10.80 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 10 BAM (5.40 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 100 BAM (54 USD) |
If you lived in Nicaragua, instead of Bosnia and Herzegovina, you would have to pay 5.83 times more for Private Classes.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 1,500 BAM (810 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 1,000 BAM (540 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 15 BAM per hour (8.10 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 100 BAM (54 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 17 % |
Social Security Contributions  | 10 % | 17 % |
Pension Contributions  | 5 % | 6 % |
Cost of Living Index  | 35 | 40 |
Median Household Income  | 70,000 NIO (1,890 USD) | 2,000 BAM (1,080 USD) |
If you lived in Nicaragua, you would earn 1.41 times more salary as compared to Bosnia and Herzegovina.
Indicators | Nicaragua | Bosnia and Herzegovina |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 50 BAM (27 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 30 BAM (16.20 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 40 BAM (21.60 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 30 BAM (16.20 USD) |
Professional Services cost 1.75 times more in Nicaragua, as compared to Bosnia and Herzegovina.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Bosnia and Herzegovina.
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