Published: Monday, 21th October 2024
The cost of living in Nicaragua is 3.29 times less expensive as compared to Canada.
On this page, you will find side-by-side cost comparison between Nicaragua and Canada. 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 Canada.
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 ![]() | ![]() Canada ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 12,500 NIO (337.50 USD) | 2,300 CAD (1,679 USD) |
2 BHK Apartment in City Center ![]() | 17,500 NIO (472.50 USD) | 3,000 CAD (2,190 USD) |
3 BHK Apartment in City Center ![]() | 22,750 NIO (614.25 USD) | 4,200 CAD (3,066 USD) |
1 BHK Apartment outside City Center ![]() | 8,750 NIO (236.25 USD) | 1,600 CAD (1,168 USD) |
2 BHK Apartment outside City Center ![]() | 12,500 NIO (337.50 USD) | 2,200 CAD (1,606 USD) |
3 BHK Apartment outside City Center ![]() | 15,750 NIO (425.25 USD) | 3,000 CAD (2,190 USD) |
Mortgage Rates Per Month ![]() | 3 % | 5 % |
Realtor Commission ![]() | 5 % | 5 % |
Property Taxes ![]() | Yet to Update | 0.5 to 2.5 % |
The average housing cost in Nicaragua is 4.87 times less expensive than Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Basic Home Furnishing ![]() | 140,000 NIO (3,780 USD) | 5,000 CAD (3,650 USD) |
Electricity Cost Per Month ![]() | 2,800 NIO (75.60 USD) | 150 CAD (109.50 USD) |
Heating Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 120 CAD (87.60 USD) |
Cooling Cost Per Month ![]() | 2,100 NIO (56.70 USD) | 100 CAD (73 USD) |
Water Supply Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 80 CAD (58.40 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 0.24% more for Utilities.
The basic home furnishing in Nicaragua costs 1.04 times more compared to Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 70 CAD (51.10 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 60 CAD (43.80 USD) |
Landline Basic Plan Cost Per Month ![]() | 525 NIO (14.18 USD) | 40 CAD (29.20 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 700 NIO (18.90 USD) | 100 CAD (73 USD) |
The internet and communication costs 44.86% less in Nicaragua compared to Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 70 NIO (1.89 USD) | 4 CAD (2.92 USD) |
Milk (1 Liter) ![]() | 35 NIO (0.94 USD) | 1.50 CAD (1.09 USD) |
Water (1 Liter) ![]() | 17.50 NIO (0.47 USD) | 1 CAD (0.73 USD) |
Bread (500 gm) ![]() | 52 NIO (1.40 USD) | 3 CAD (2.19 USD) |
Eggs (1 Dozen) ![]() | 87 NIO (2.35 USD) | 4 CAD (2.92 USD) |
Cheese (1 KG) ![]() | 175 NIO (4.72 USD) | 8 CAD (5.84 USD) |
Chicken Breast (1 KG) ![]() | 245 NIO (6.62 USD) | 12 CAD (8.76 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.29 times less expensive than the cost in Canada.
If you lived in Nicaragua, instead of Canada, you would have to pay 24.76% less for Groceries.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Apples (1 KG) ![]() | 87 NIO (2.35 USD) | 4 CAD (2.92 USD) |
Bananas (1 KG) ![]() | 52 NIO (1.40 USD) | 3 CAD (2.19 USD) |
Oranges (1 KG) ![]() | 70 NIO (1.89 USD) | 4 CAD (2.92 USD) |
Tomatoes (1 KG) ![]() | 52 NIO (1.40 USD) | 4 CAD (2.92 USD) |
Potatoes (1 KG) ![]() | 35 NIO (0.94 USD) | 3 CAD (2.19 USD) |
Lemons (1 KG) ![]() | 70 NIO (1.89 USD) | 5 CAD (3.65 USD) |
Onions (1 KG) ![]() | 52 NIO (1.40 USD) | 3 CAD (2.19 USD) |
Lentils (1 KG) ![]() | 87 NIO (2.35 USD) | 5 CAD (3.65 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 1.66 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 280 NIO (7.56 USD) | 20 CAD (14.60 USD) |
Three-Course Meal for Two ![]() | 700 NIO (18.90 USD) | 60 CAD (43.80 USD) |
Fast Food Combo Meal ![]() | 140 NIO (3.78 USD) | 10 CAD (7.30 USD) |
Normal Coffee ![]() | 70 NIO (1.89 USD) | 3.50 CAD (2.55 USD) |
Soft Drink ![]() | 35 NIO (0.94 USD) | 2.50 CAD (1.82 USD) |
Pizza for One ![]() | 280 NIO (7.56 USD) | 15 CAD (10.95 USD) |
Take-Out Delivery Meal ![]() | 280 NIO (7.56 USD) | 15 CAD (10.95 USD) |
Cigarette Pack of 20 ![]() | 175 NIO (4.72 USD) | 15 CAD (10.95 USD) |
Dining-Out costs 48.59% less in Nicaragua compared to Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 280 NIO (7.56 USD) | 15 CAD (10.95 USD) |
Glass of Wine ![]() | 175 NIO (4.72 USD) | 8 CAD (5.84 USD) |
Domestic Beer Half Liter ![]() | 52 NIO (1.40 USD) | 3 CAD (2.19 USD) |
Imported Beer Half Liter ![]() | 70 NIO (1.89 USD) | 4 CAD (2.92 USD) |
Domestic Alcohol 1 Liter ![]() | 245 NIO (6.62 USD) | 20 CAD (14.60 USD) |
Branded Alcohol 1 Liter ![]() | 525 NIO (14.18 USD) | 35 CAD (25.55 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 1.71 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,050 NIO (28.35 USD) | 100 CAD (73 USD) |
Single Public Transportation Ticket ![]() | 35 NIO (0.94 USD) | 3 CAD (2.19 USD) |
Single Train Ticket ![]() | Yet to Update () | 100 CAD (73 USD) |
Domestic Airplane Ticket ![]() | 4,200 NIO (113.40 USD) | 300 CAD (219 USD) |
Taxi Start Fare ![]() | 70 NIO (1.89 USD) | 4 CAD (2.92 USD) |
Taxi Rate Per Kilometer ![]() | 35 NIO (0.94 USD) | 2 CAD (1.46 USD) |
Car Rental Per Day ![]() | 1,050 NIO (28.35 USD) | 70 CAD (51.10 USD) |
Parking Fees in City Center Per Hour ![]() | 35 NIO (0.94 USD) | 5 CAD (3.65 USD) |
Parking Fees outside City Center Per Hour ![]() | 17.50 NIO (0.47 USD) | 2 CAD (1.46 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 2.44 times less for transportation.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 525,000 NIO (14,175 USD) | 30,000 CAD (21,900 USD) |
Vehicle Registration Cost ![]() | 14,000 NIO (378 USD) | 150 CAD (109.50 USD) |
Driving License Fees ![]() | 1,400 NIO (37.80 USD) | 90 CAD (65.70 USD) |
Car Insurance Cost ![]() | 1,750 NIO (47.25 USD) | 200 CAD (146 USD) |
Car Maintenance Cost ![]() | 1,050 NIO (28.35 USD) | 100 CAD (73 USD) |
Car Loan Interest Rates ![]() | 10 % | 6 % |
Fuel Per Liter ![]() | 35 NIO (0.94 USD) | 1.60 CAD (1.17 USD) |
Fuel Per Gallon ![]() | 133 NIO (3.59 USD) | 6 CAD (4.38 USD) |
Average Toll Fees ![]() | Yet to Update | 20 CAD 14.60 USD |
You would have to pay 1.52 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Doctor Visit ![]() | 1,050 NIO (28.35 USD) | 150 CAD (109.50 USD) |
Specialist Visit ![]() | 2,100 NIO (56.70 USD) | 250 CAD (182.50 USD) |
Dentist Visit ![]() | 1,400 NIO (37.80 USD) | 200 CAD (146 USD) |
Eye Exam ![]() | 700 NIO (18.90 USD) | 150 CAD (109.50 USD) |
Mental Health Counseling ![]() | 1,400 NIO (37.80 USD) | 150 CAD (109.50 USD) |
Preventive Health Screening ![]() | 700 NIO (18.90 USD) | 200 CAD (146 USD) |
Physical Therapy ![]() | 1,050 NIO (28.35 USD) | 100 CAD (73 USD) |
Emergency Room Visit ![]() | 10,500 NIO (283.50 USD) | 500 CAD (365 USD) |
Hospital Stay Per Night ![]() | 4,200 NIO (113.40 USD) | 1,000 CAD (730 USD) |
Vaccinations ![]() | 525 NIO (14.18 USD) | 100 CAD (73 USD) |
Prescription Medication ![]() | 350 NIO (9.45 USD) | 50 CAD (36.50 USD) |
Over the Counter Medication ![]() | 175 NIO (4.72 USD) | 20 CAD (14.60 USD) |
Health Insurance Premiums ![]() | 7,000 NIO (189 USD) | 250 CAD (182.50 USD) |
Health Insurance Deductibles ![]() | 2,100 NIO (56.70 USD) | 500 CAD (365 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 2.94 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Cosmetic Procedures ![]() | 2,800 NIO (75.60 USD) | 200 CAD (146 USD) |
Spa Treatment ![]() | 1,400 NIO (37.80 USD) | 150 CAD (109.50 USD) |
Manicure Pedicure Cost ![]() | 525 NIO (14.18 USD) | 50 CAD (36.50 USD) |
Optical Glasses Cost ![]() | 1,050 NIO (28.35 USD) | 200 CAD (146 USD) |
Contact Lenses Cost ![]() | 700 NIO (18.90 USD) | 150 CAD (109.50 USD) |
Haircuts ![]() | 350 NIO (9.45 USD) | 25 CAD (18.25 USD) |
Hair Coloring ![]() | 700 NIO (18.90 USD) | 75 CAD (54.75 USD) |
Shampoo Price ![]() | 70 NIO (1.89 USD) | 6 CAD (4.38 USD) |
Toothpaste Price ![]() | 35 NIO (0.94 USD) | 3 CAD (2.19 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 3.04 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 5,600 NIO (151.20 USD) | 150 CAD (109.50 USD) |
Men's Shirt ![]() | 1,750 NIO (47.25 USD) | 60 CAD (43.80 USD) |
Women's Dress ![]() | 2,800 NIO (75.60 USD) | 100 CAD (73 USD) |
Summer Dress ![]() | 2,100 NIO (56.70 USD) | 80 CAD (58.40 USD) |
Men's Suit ![]() | 8,400 NIO (226.80 USD) | 500 CAD (365 USD) |
Men's Jeans ![]() | 2,100 NIO (56.70 USD) | 80 CAD (58.40 USD) |
Women's Jeans ![]() | 2,100 NIO (56.70 USD) | 80 CAD (58.40 USD) |
Men's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 120 CAD (87.60 USD) |
Women's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 120 CAD (87.60 USD) |
Men's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 90 CAD (65.70 USD) |
Women's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 90 CAD (65.70 USD) |
Underwear For Men ![]() | 350 NIO (9.45 USD) | 20 CAD (14.60 USD) |
Underwear For Women ![]() | 490 NIO (13.23 USD) | 25 CAD (18.25 USD) |
Socks For Men ![]() | 140 NIO (3.78 USD) | 10 CAD (7.30 USD) |
Socks For Women ![]() | 140 NIO (3.78 USD) | 12 CAD (8.76 USD) |
Wintercoat for Adults ![]() | 3,500 NIO (94.50 USD) | 150 CAD (109.50 USD) |
Sportswear ![]() | 2,100 NIO (56.70 USD) | 80 CAD (58.40 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 1.05 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Children's Jeans ![]() | 1,050 NIO (28.35 USD) | 40 CAD (29.20 USD) |
Children's Normal Sneakers ![]() | 1,750 NIO (47.25 USD) | 50 CAD (36.50 USD) |
Children's Winter Coat ![]() | 2,100 NIO (56.70 USD) | 80 CAD (58.40 USD) |
Daycare for Infant ![]() | 10,500 NIO (283.50 USD) | 1,200 CAD (876 USD) |
Daycare for Toddler ![]() | 8,400 NIO (226.80 USD) | 1,000 CAD (730 USD) |
Childcare for Sick Days ![]() | 1,400 NIO (37.80 USD) | 80 CAD (58.40 USD) |
Early Childhood Education Programs ![]() | 14,000 NIO (378 USD) | 1,000 CAD (730 USD) |
Extra Curricular Activities ![]() | 3,500 NIO (94.50 USD) | 150 CAD (109.50 USD) |
Summer Camp for Kids ![]() | 14,000 NIO (378 USD) | 1,000 CAD (730 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 2.19 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
PreSchool Fees ![]() | 17,500 NIO (472.50 USD) | 800 CAD (584 USD) |
Primary School Fees ![]() | 35,000 NIO (945 USD) | 1,500 CAD (1,095 USD) |
Secondary School Fees ![]() | 42,000 NIO (1,134 USD) | 2,000 CAD (1,460 USD) |
Private School Fees ![]() | 56,000 NIO (1,512 USD) | 10,000 CAD (7,300 USD) |
University Tuition Fees ![]() | 105,000 NIO (2,835 USD) | 7,000 CAD (5,110 USD) |
University Private Tuition Fees ![]() | 140,000 NIO (3,780 USD) | 15,000 CAD (10,950 USD) |
After School Activities ![]() | 3,500 NIO (94.50 USD) | 200 CAD (146 USD) |
Special Education Services ![]() | 28,000 NIO (756 USD) | 800 CAD (584 USD) |
Tutoring ![]() | 1,750 NIO (47.25 USD) | 60 CAD (43.80 USD) |
Textbooks Cost ![]() | 7,000 NIO (189 USD) | 300 CAD (219 USD) |
School Supplies ![]() | 2,100 NIO (56.70 USD) | 150 CAD (109.50 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 2.33 times less for school and education.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 175 NIO (4.72 USD) | 15 CAD (10.95 USD) |
Theater Ticket (Single) ![]() | 350 NIO (9.45 USD) | 50 CAD (36.50 USD) |
Concert Ticket (Single) ![]() | 525 NIO (14.18 USD) | 80 CAD (58.40 USD) |
Sports Event Ticket (Single) ![]() | 350 NIO (9.45 USD) | 60 CAD (43.80 USD) |
Gym Membership ![]() | 700 NIO (18.90 USD) | 60 CAD (43.80 USD) |
Swimming Pool Access ![]() | 350 NIO (9.45 USD) | 40 CAD (29.20 USD) |
Museum Entry Ticket ![]() | 175 NIO (4.72 USD) | 15 CAD (10.95 USD) |
Zoo Entry Ticket ![]() | 350 NIO (9.45 USD) | 20 CAD (14.60 USD) |
Amusement Park Entry Ticket ![]() | 525 NIO (14.18 USD) | 50 CAD (36.50 USD) |
Bowling ![]() | 175 NIO (4.72 USD) | 20 CAD (14.60 USD) |
Mini Golf ![]() | 175 NIO (4.72 USD) | 25 CAD (18.25 USD) |
Video Games ![]() | 1,050 NIO (28.35 USD) | 70 CAD (51.10 USD) |
Streaming Services ![]() | 350 NIO (9.45 USD) | 15 CAD (10.95 USD) |
Outdoor Equipment Rental ![]() | 350 NIO (9.45 USD) | 30 CAD (21.90 USD) |
Theme Park Annual Pass ![]() | 7,000 NIO (189 USD) | 300 CAD (219 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 1.82 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Language Classes ![]() | 21,000 NIO (567 USD) | 400 CAD (292 USD) |
Parenting Classes ![]() | 4,200 NIO (113.40 USD) | 300 CAD (219 USD) |
Art Classes ![]() | 525 NIO (14.18 USD) | 40 CAD (29.20 USD) |
Fitness Classes ![]() | 350 NIO (9.45 USD) | 20 CAD (14.60 USD) |
Music Lessons ![]() | 700 NIO (18.90 USD) | 60 CAD (43.80 USD) |
Dance Lessons ![]() | 700 NIO (18.90 USD) | 60 CAD (43.80 USD) |
Reading Materials for Classes ![]() | 175 NIO (4.72 USD) | 20 CAD (14.60 USD) |
Educational Software ![]() | 5,600 NIO (151.20 USD) | 150 CAD (109.50 USD) |
If you lived in Nicaragua, instead of Canada, you would have to pay 1.17 times more for Private Classes.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 28,000 NIO (756 USD) | 5,000 CAD (3,650 USD) |
Average Net Monthly Salary ![]() | 21,000 NIO (567 USD) | 4,000 CAD (2,920 USD) |
Minimum Wages ![]() | 350 NIO per hour (9.45 USD) | 0.53 CAD per hour (0.39 USD) |
Average Bonus ![]() | 10,500 NIO (283.50 USD) | 2,000 CAD (1,460 USD) |
Income Tax Rate ![]() | 0 to 15 % | 0 to 15 % |
Social Security Contributions ![]() | 10 % | 5 % |
Pension Contributions ![]() | 5 % | 5 % |
Cost of Living Index ![]() | 35 | 70 |
Median Household Income ![]() | 70,000 NIO (1,890 USD) | 75,000 CAD (54,750 USD) |
If you lived in Nicaragua, you would earn 17.91 times less salary as compared to Canada.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Canada ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 1,050 NIO (28.35 USD) | 300 CAD (219 USD) |
Accounting Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 150 CAD (109.50 USD) |
IT Support Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 120 CAD (87.60 USD) |
Technician Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 100 CAD (73 USD) |
Professional Services cost 3.45 times less in Nicaragua, as compared to Canada.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Canada.
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.