Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.35 times less expensive as compared to Cabo Verde.
On this page, you will find side-by-side cost comparison between Nicaragua and Cabo Verde. 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 Cabo Verde.
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 Indicators  | Nicaragua  | Cabo Verde  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 50,000 CVE (500 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 80,000 CVE (800 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 120,000 CVE (1,200 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 30,000 CVE (300 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 50,000 CVE (500 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 80,000 CVE (800 USD) |
Mortgage Rates Per Month  | 3 % | 5 % |
Realtor Commission  | 5 % | 3 % |
Property Taxes  | Yet to Update | 0.25 to 0.5 % |
The average housing cost in Nicaragua is 1.66 times less expensive than Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 30,000 CVE (300 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 7,000 CVE (70 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 6,000 CVE (60 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 5,000 CVE (50 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 5,000 CVE (50 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 652.43% more for Utilities.
The basic home furnishing in Nicaragua costs 12.60 times more compared to Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 8,000 CVE (80 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 3,500 CVE (35 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 4,000 CVE (40 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 6,000 CVE (60 USD) |
The internet and communication costs 49.45% less in Nicaragua compared to Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 1,800 CVE (18 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 1,000 CVE (10 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 300 CVE (3 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 400 CVE (4 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 1,200 CVE (12 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 2,500 CVE (25 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 2,000 CVE (20 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 9.17 times less expensive than the cost in Cabo Verde.
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 80.00% less for Groceries.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 1,200 CVE (12 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 700 CVE (7 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 900 CVE (9 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 800 CVE (8 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 600 CVE (6 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 1,200 CVE (12 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 700 CVE (7 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 1,900 CVE (19 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 5.87 times less for Fruits and Vegetables.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 2,500 CVE (25 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 7,000 CVE (70 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 1,500 CVE (15 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 300 CVE (3 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 200 CVE (2 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 2,500 CVE (25 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 2,000 CVE (20 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 800 CVE (8 USD) |
Dining-Out costs 68.50% less in Nicaragua compared to Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 3,000 CVE (30 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 1,000 CVE (10 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 500 CVE (5 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 700 CVE (7 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 2,000 CVE (20 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 3,500 CVE (35 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 2.94 times less for usual hard drinks.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 5,000 CVE (50 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 150 CVE (1.50 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 15,000 CVE (150 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 300 CVE (3 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 200 CVE (2 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 10,000 CVE (100 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 200 CVE (2 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 100 CVE (1 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.77 times less for transportation.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 3,000,000 CVE (30,000 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 30,000 CVE (300 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 10,000 CVE (100 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 50,000 CVE (500 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 20,000 CVE (200 USD) |
Car Loan Interest Rates  | 10 % | 6 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 150 CVE (1.50 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 600 CVE (6 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.12 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 2,500 CVE (25 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 5,000 CVE (50 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 4,000 CVE (40 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 2,000 CVE (20 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 5,000 CVE (50 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 3,000 CVE (30 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 3,000 CVE (30 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 5,000 CVE (50 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 10,000 CVE (100 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 2,000 CVE (20 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 1,000 CVE (10 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 600 CVE (6 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 20,000 CVE (200 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 10,000 CVE (100 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.23 times more for Health and Medical Treatment.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 15,000 CVE (150 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 8,000 CVE (80 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 2,500 CVE (25 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 5,000 CVE (50 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 3,000 CVE (30 USD) |
Haircuts  | 350 NIO (9.45 USD) | 1,000 CVE (10 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 2,500 CVE (25 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 400 CVE (4 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 200 CVE (2 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.83 times less for Personal Care Items and Treatment.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 20,000 CVE (200 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 4,000 CVE (40 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 7,000 CVE (70 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 5,000 CVE (50 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 40,000 CVE (400 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 6,000 CVE (60 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 5,000 CVE (50 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 12,000 CVE (120 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 10,000 CVE (100 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 8,000 CVE (80 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 6,000 CVE (60 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 1,000 CVE (10 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 1,000 CVE (10 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 400 CVE (4 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 400 CVE (4 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 15,000 CVE (150 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 8,000 CVE (80 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.21 times less for Clothing and Footwear for Adults.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 3,000 CVE (30 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 4,000 CVE (40 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 5,000 CVE (50 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 40,000 CVE (400 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 35,000 CVE (350 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 12,000 CVE (120 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 60,000 CVE (600 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 20,000 CVE (200 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 50,000 CVE (500 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.50 times less for Childcare and kids clothing.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 30,000 CVE (300 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 50,000 CVE (500 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 70,000 CVE (700 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 150,000 CVE (1,500 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 250,000 CVE (2,500 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 400,000 CVE (4,000 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 20,000 CVE (200 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 30,000 CVE (300 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 25,000 CVE (250 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 15,000 CVE (150 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 8,000 CVE (80 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.13 times more for school and education.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 1,000 CVE (10 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 2,500 CVE (25 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 4,000 CVE (40 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 3,000 CVE (30 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 5,000 CVE (50 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 4,000 CVE (40 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 800 CVE (8 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 1,000 CVE (10 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 2,500 CVE (25 USD) |
Bowling  | 175 NIO (4.72 USD) | 1,500 CVE (15 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 1,200 CVE (12 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 7,000 CVE (70 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 4,000 CVE (40 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 1,500 CVE (15 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 20,000 CVE (200 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.73 times less for entertainment, recreation and fun activities.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 25,000 CVE (250 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 15,000 CVE (150 USD) |
Art Classes  | 525 NIO (14.18 USD) | 2,500 CVE (25 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 1,500 CVE (15 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 3,000 CVE (30 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 3,000 CVE (30 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 1,000 CVE (10 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 18,000 CVE (180 USD) |
If you lived in Nicaragua, instead of Cabo Verde, you would have to pay 1.30 times more for Private Classes.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 80,000 CVE (800 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 70,000 CVE (700 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 1,333.33 CVE per hour (13.33 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 20,000 CVE (200 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 15 % |
Social Security Contributions  | 10 % | 10 % |
Pension Contributions  | 5 % | 8 % |
Cost of Living Index  | 35 | 60 |
Median Household Income  | 70,000 NIO (1,890 USD) | 150,000 CVE (1,500 USD) |
If you lived in Nicaragua, you would earn 1.09 times more salary as compared to Cabo Verde.
Indicators | Nicaragua | Cabo Verde |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 7,000 CVE (70 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 5,000 CVE (50 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 6,000 CVE (60 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 6,500 CVE (65 USD) |
Professional Services cost 1.73 times less in Nicaragua, as compared to Cabo Verde.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Cabo Verde.
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