Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.17 times less expensive as compared to North Korea.
On this page, you will find side-by-side cost comparison between Nicaragua and North Korea. 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 North Korea.
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 ![]() | ![]() North Korea ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 12,500 NIO (337.50 USD) | 529,339 KPW (582.27 USD) |
2 BHK Apartment in City Center ![]() | 17,500 NIO (472.50 USD) | 993,638 KPW (1,093 USD) |
3 BHK Apartment in City Center ![]() | 22,750 NIO (614.25 USD) | 1,657,730 KPW (1,823.50 USD) |
1 BHK Apartment outside City Center ![]() | 8,750 NIO (236.25 USD) | 331,467 KPW (364.61 USD) |
2 BHK Apartment outside City Center ![]() | 12,500 NIO (337.50 USD) | 662,934 KPW (729.23 USD) |
3 BHK Apartment outside City Center ![]() | 15,750 NIO (425.25 USD) | 993,638 KPW (1,093 USD) |
Mortgage Rates Per Month ![]() | 3 % | 4.2 % |
Realtor Commission ![]() | 5 % | 1.3 % |
Property Taxes ![]() | Yet to Update | Yet to Update |
The average housing cost in Nicaragua is 2.31 times less expensive than North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Basic Home Furnishing ![]() | 140,000 NIO (3,780 USD) | 1,325,319 KPW (1,457.85 USD) |
Electricity Cost Per Month ![]() | 2,800 NIO (75.60 USD) | 33,114 KPW (36.43 USD) |
Heating Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 46,340 KPW (50.97 USD) |
Cooling Cost Per Month ![]() | 2,100 NIO (56.70 USD) | 26,482 KPW (29.13 USD) |
Water Supply Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 13,237 KPW (14.56 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 150.98% more for Utilities.
The basic home furnishing in Nicaragua costs 2.59 times more compared to North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 19,878 KPW (21.87 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 19,878 KPW (21.87 USD) |
Landline Basic Plan Cost Per Month ![]() | 525 NIO (14.18 USD) | 6,618 KPW (7.28 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 700 NIO (18.90 USD) | 13,237 KPW (14.56 USD) |
The internet and communication costs 65.73% more in Nicaragua compared to North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 70 NIO (1.89 USD) | 2,651 KPW (2.92 USD) |
Milk (1 Liter) ![]() | 35 NIO (0.94 USD) | 1,324 KPW (1.46 USD) |
Water (1 Liter) ![]() | 17.50 NIO (0.47 USD) | 662 KPW (0.73 USD) |
Bread (500 gm) ![]() | 52 NIO (1.40 USD) | 1,656 KPW (1.82 USD) |
Eggs (1 Dozen) ![]() | 87 NIO (2.35 USD) | 1,989 KPW (2.19 USD) |
Cheese (1 KG) ![]() | 175 NIO (4.72 USD) | 5,304 KPW (5.83 USD) |
Chicken Breast (1 KG) ![]() | 245 NIO (6.62 USD) | 6,621 KPW (7.28 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.54 times less expensive than the cost in North Korea.
If you lived in Nicaragua, instead of North Korea, you would have to pay 17.22% less for Groceries.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Apples (1 KG) ![]() | 87 NIO (2.35 USD) | 3,307 KPW (3.64 USD) |
Bananas (1 KG) ![]() | 52 NIO (1.40 USD) | 1,989 KPW (2.19 USD) |
Oranges (1 KG) ![]() | 70 NIO (1.89 USD) | 2,651 KPW (2.92 USD) |
Tomatoes (1 KG) ![]() | 52 NIO (1.40 USD) | 2,322 KPW (2.55 USD) |
Potatoes (1 KG) ![]() | 35 NIO (0.94 USD) | 1,656 KPW (1.82 USD) |
Lemons (1 KG) ![]() | 70 NIO (1.89 USD) | 3,307 KPW (3.64 USD) |
Onions (1 KG) ![]() | 52 NIO (1.40 USD) | 1,989 KPW (2.19 USD) |
Lentils (1 KG) ![]() | 87 NIO (2.35 USD) | 3,975 KPW (4.37 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.71 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 280 NIO (7.56 USD) | 7,944 KPW (8.74 USD) |
Three-Course Meal for Two ![]() | 700 NIO (18.90 USD) | 33,151 KPW (36.47 USD) |
Fast Food Combo Meal ![]() | 140 NIO (3.78 USD) | 5,307 KPW (5.84 USD) |
Normal Coffee ![]() | 70 NIO (1.89 USD) | 2,651 KPW (2.92 USD) |
Soft Drink ![]() | 35 NIO (0.94 USD) | 1,657 KPW (1.82 USD) |
Pizza for One ![]() | 280 NIO (7.56 USD) | 13,237 KPW (14.56 USD) |
Take-Out Delivery Meal ![]() | 280 NIO (7.56 USD) | 7,944 KPW (8.74 USD) |
Cigarette Pack of 20 ![]() | 175 NIO (4.72 USD) | 3,307 KPW (3.64 USD) |
Dining-Out costs 36.02% less in Nicaragua compared to North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 280 NIO (7.56 USD) | 19,878 KPW (21.87 USD) |
Glass of Wine ![]() | 175 NIO (4.72 USD) | 6,621 KPW (7.28 USD) |
Domestic Beer Half Liter ![]() | 52 NIO (1.40 USD) | 1,989 KPW (2.19 USD) |
Imported Beer Half Liter ![]() | 70 NIO (1.89 USD) | 2,651 KPW (2.92 USD) |
Domestic Alcohol 1 Liter ![]() | 245 NIO (6.62 USD) | 9,926 KPW (10.92 USD) |
Branded Alcohol 1 Liter ![]() | 525 NIO (14.18 USD) | 19,878 KPW (21.87 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.84 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,050 NIO (28.35 USD) | 39,869 KPW (43.86 USD) |
Single Public Transportation Ticket ![]() | 35 NIO (0.94 USD) | 796 KPW (0.88 USD) |
Single Train Ticket ![]() | Yet to Update () | 46,328 KPW (50.96 USD) |
Domestic Airplane Ticket ![]() | 4,200 NIO (113.40 USD) | 132,532 KPW (145.79 USD) |
Taxi Start Fare ![]() | 70 NIO (1.89 USD) | 1,988 KPW (2.19 USD) |
Taxi Rate Per Kilometer ![]() | 35 NIO (0.94 USD) | 662 KPW (0.73 USD) |
Car Rental Per Day ![]() | 1,050 NIO (28.35 USD) | 46,328 KPW (50.96 USD) |
Parking Fees in City Center Per Hour ![]() | 35 NIO (0.94 USD) | 1,988 KPW (2.19 USD) |
Parking Fees outside City Center Per Hour ![]() | 17.50 NIO (0.47 USD) | 994 KPW (1.09 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.70 times less for transportation.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 525,000 NIO (14,175 USD) | 19,858,740 KPW (21,844.61 USD) |
Vehicle Registration Cost ![]() | 14,000 NIO (378 USD) | 132,532 KPW (145.79 USD) |
Driving License Fees ![]() | 1,400 NIO (37.80 USD) | 33,114 KPW (36.43 USD) |
Car Insurance Cost ![]() | 1,750 NIO (47.25 USD) | 330,531 KPW (363.58 USD) |
Car Maintenance Cost ![]() | 1,050 NIO (28.35 USD) | 99,396 KPW (109.34 USD) |
Car Loan Interest Rates ![]() | 10 % | 4.2 % |
Fuel Per Liter ![]() | 35 NIO (0.94 USD) | 993 KPW (1.09 USD) |
Fuel Per Gallon ![]() | 133 NIO (3.59 USD) | 3,969 KPW (4.37 USD) |
Average Toll Fees ![]() | Yet to Update | 3,308 KPW 3.64 USD |
You would have to pay 1.53 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Doctor Visit ![]() | 1,050 NIO (28.35 USD) | 46,328 KPW (50.96 USD) |
Specialist Visit ![]() | 2,100 NIO (56.70 USD) | 99,396 KPW (109.34 USD) |
Dentist Visit ![]() | 1,400 NIO (37.80 USD) | 52,953 KPW (58.25 USD) |
Eye Exam ![]() | 700 NIO (18.90 USD) | 39,869 KPW (43.86 USD) |
Mental Health Counseling ![]() | 1,400 NIO (37.80 USD) | 66,832 KPW (73.52 USD) |
Preventive Health Screening ![]() | 700 NIO (18.90 USD) | 52,953 KPW (58.25 USD) |
Physical Therapy ![]() | 1,050 NIO (28.35 USD) | 46,328 KPW (50.96 USD) |
Emergency Room Visit ![]() | 10,500 NIO (283.50 USD) | 99,396 KPW (109.34 USD) |
Hospital Stay Per Night ![]() | 4,200 NIO (113.40 USD) | 132,532 KPW (145.79 USD) |
Vaccinations ![]() | 525 NIO (14.18 USD) | 19,878 KPW (21.87 USD) |
Prescription Medication ![]() | 350 NIO (9.45 USD) | 13,237 KPW (14.56 USD) |
Over the Counter Medication ![]() | 175 NIO (4.72 USD) | 6,618 KPW (7.28 USD) |
Health Insurance Premiums ![]() | 7,000 NIO (189 USD) | 99,396 KPW (109.34 USD) |
Health Insurance Deductibles ![]() | 2,100 NIO (56.70 USD) | 19,878 KPW (21.87 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.03 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Cosmetic Procedures ![]() | 2,800 NIO (75.60 USD) | 331,391 KPW (364.53 USD) |
Spa Treatment ![]() | 1,400 NIO (37.80 USD) | 99,396 KPW (109.34 USD) |
Manicure Pedicure Cost ![]() | 525 NIO (14.18 USD) | 33,114 KPW (36.43 USD) |
Optical Glasses Cost ![]() | 1,050 NIO (28.35 USD) | 99,396 KPW (109.34 USD) |
Contact Lenses Cost ![]() | 700 NIO (18.90 USD) | 66,832 KPW (73.52 USD) |
Haircuts ![]() | 350 NIO (9.45 USD) | 13,237 KPW (14.56 USD) |
Hair Coloring ![]() | 700 NIO (18.90 USD) | 52,953 KPW (58.25 USD) |
Shampoo Price ![]() | 70 NIO (1.89 USD) | 2,651 KPW (2.92 USD) |
Toothpaste Price ![]() | 35 NIO (0.94 USD) | 1,324 KPW (1.46 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 3.74 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 5,600 NIO (151.20 USD) | 66,832 KPW (73.52 USD) |
Men's Shirt ![]() | 1,750 NIO (47.25 USD) | 26,482 KPW (29.13 USD) |
Women's Dress ![]() | 2,800 NIO (75.60 USD) | 52,953 KPW (58.25 USD) |
Summer Dress ![]() | 2,100 NIO (56.70 USD) | 26,482 KPW (29.13 USD) |
Men's Suit ![]() | 8,400 NIO (226.80 USD) | 331,391 KPW (364.53 USD) |
Men's Jeans ![]() | 2,100 NIO (56.70 USD) | 39,869 KPW (43.86 USD) |
Women's Jeans ![]() | 2,100 NIO (56.70 USD) | 33,114 KPW (36.43 USD) |
Men's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 79,422 KPW (87.36 USD) |
Women's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 66,832 KPW (73.52 USD) |
Men's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 52,953 KPW (58.25 USD) |
Women's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 39,869 KPW (43.86 USD) |
Underwear For Men ![]() | 350 NIO (9.45 USD) | 6,618 KPW (7.28 USD) |
Underwear For Women ![]() | 490 NIO (13.23 USD) | 6,618 KPW (7.28 USD) |
Socks For Men ![]() | 140 NIO (3.78 USD) | 3,309 KPW (3.64 USD) |
Socks For Women ![]() | 140 NIO (3.78 USD) | 3,309 KPW (3.64 USD) |
Wintercoat for Adults ![]() | 3,500 NIO (94.50 USD) | 66,832 KPW (73.52 USD) |
Sportswear ![]() | 2,100 NIO (56.70 USD) | 33,114 KPW (36.43 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.20 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Children's Jeans ![]() | 1,050 NIO (28.35 USD) | 19,878 KPW (21.87 USD) |
Children's Normal Sneakers ![]() | 1,750 NIO (47.25 USD) | 26,482 KPW (29.13 USD) |
Children's Winter Coat ![]() | 2,100 NIO (56.70 USD) | 39,869 KPW (43.86 USD) |
Daycare for Infant ![]() | 10,500 NIO (283.50 USD) | 198,792 KPW (218.67 USD) |
Daycare for Toddler ![]() | 8,400 NIO (226.80 USD) | 165,659 KPW (182.22 USD) |
Childcare for Sick Days ![]() | 1,400 NIO (37.80 USD) | 33,114 KPW (36.43 USD) |
Early Childhood Education Programs ![]() | 14,000 NIO (378 USD) | 331,391 KPW (364.53 USD) |
Extra Curricular Activities ![]() | 3,500 NIO (94.50 USD) | 66,832 KPW (73.52 USD) |
Summer Camp for Kids ![]() | 14,000 NIO (378 USD) | 132,532 KPW (145.79 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.37 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
PreSchool Fees ![]() | 17,500 NIO (472.50 USD) | 132,532 KPW (145.79 USD) |
Primary School Fees ![]() | 35,000 NIO (945 USD) | 331,391 KPW (364.53 USD) |
Secondary School Fees ![]() | 42,000 NIO (1,134 USD) | 463,147 KPW (509.46 USD) |
Private School Fees ![]() | 56,000 NIO (1,512 USD) | 662,934 KPW (729.23 USD) |
University Tuition Fees ![]() | 105,000 NIO (2,835 USD) | 1,325,319 KPW (1,457.85 USD) |
University Private Tuition Fees ![]() | 140,000 NIO (3,780 USD) | 2,650,637 KPW (2,915.70 USD) |
After School Activities ![]() | 3,500 NIO (94.50 USD) | 66,832 KPW (73.52 USD) |
Special Education Services ![]() | 28,000 NIO (756 USD) | 198,792 KPW (218.67 USD) |
Tutoring ![]() | 1,750 NIO (47.25 USD) | 33,114 KPW (36.43 USD) |
Textbooks Cost ![]() | 7,000 NIO (189 USD) | 66,832 KPW (73.52 USD) |
School Supplies ![]() | 2,100 NIO (56.70 USD) | 19,878 KPW (21.87 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.81 times more for school and education.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 175 NIO (4.72 USD) | 7,944 KPW (8.74 USD) |
Theater Ticket (Single) ![]() | 350 NIO (9.45 USD) | 19,878 KPW (21.87 USD) |
Concert Ticket (Single) ![]() | 525 NIO (14.18 USD) | 46,328 KPW (50.96 USD) |
Sports Event Ticket (Single) ![]() | 350 NIO (9.45 USD) | 33,114 KPW (36.43 USD) |
Gym Membership ![]() | 700 NIO (18.90 USD) | 52,953 KPW (58.25 USD) |
Swimming Pool Access ![]() | 350 NIO (9.45 USD) | 19,878 KPW (21.87 USD) |
Museum Entry Ticket ![]() | 175 NIO (4.72 USD) | 3,309 KPW (3.64 USD) |
Zoo Entry Ticket ![]() | 350 NIO (9.45 USD) | 6,618 KPW (7.28 USD) |
Amusement Park Entry Ticket ![]() | 525 NIO (14.18 USD) | 13,237 KPW (14.56 USD) |
Bowling ![]() | 175 NIO (4.72 USD) | 6,618 KPW (7.28 USD) |
Mini Golf ![]() | 175 NIO (4.72 USD) | 9,869 KPW (10.86 USD) |
Video Games ![]() | 1,050 NIO (28.35 USD) | 19,878 KPW (21.87 USD) |
Streaming Services ![]() | 350 NIO (9.45 USD) | 13,237 KPW (14.56 USD) |
Outdoor Equipment Rental ![]() | 350 NIO (9.45 USD) | 6,618 KPW (7.28 USD) |
Theme Park Annual Pass ![]() | 7,000 NIO (189 USD) | 99,396 KPW (109.34 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 1.16 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Language Classes ![]() | 21,000 NIO (567 USD) | 132,532 KPW (145.79 USD) |
Parenting Classes ![]() | 4,200 NIO (113.40 USD) | 99,396 KPW (109.34 USD) |
Art Classes ![]() | 525 NIO (14.18 USD) | 16,561 KPW (18.22 USD) |
Fitness Classes ![]() | 350 NIO (9.45 USD) | 13,237 KPW (14.56 USD) |
Music Lessons ![]() | 700 NIO (18.90 USD) | 26,482 KPW (29.13 USD) |
Dance Lessons ![]() | 700 NIO (18.90 USD) | 19,878 KPW (21.87 USD) |
Reading Materials for Classes ![]() | 175 NIO (4.72 USD) | 6,618 KPW (7.28 USD) |
Educational Software ![]() | 5,600 NIO (151.20 USD) | 66,832 KPW (73.52 USD) |
If you lived in Nicaragua, instead of North Korea, you would have to pay 2.14 times more for Private Classes.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 28,000 NIO (756 USD) | 1,989,807 KPW (2,188.79 USD) |
Average Net Monthly Salary ![]() | 21,000 NIO (567 USD) | 1,593,462 KPW (1,752.81 USD) |
Minimum Wages ![]() | 350 NIO per hour (9.45 USD) | 55,192.63 KPW per hour (60.71 USD) |
Average Bonus ![]() | 10,500 NIO (283.50 USD) | 331,391 KPW (364.53 USD) |
Income Tax Rate ![]() | 0 to 15 % | 0 % |
Social Security Contributions ![]() | 10 % | 5 % |
Pension Contributions ![]() | 5 % | 5 % |
Cost of Living Index ![]() | 35 | 65 |
Median Household Income ![]() | 70,000 NIO (1,890 USD) | 1,655,779 KPW (1,821.36 USD) |
If you lived in Nicaragua, you would earn 1.77 times less salary as compared to North Korea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() North Korea ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 1,050 NIO (28.35 USD) | 66,832 KPW (73.52 USD) |
Accounting Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 52,953 KPW (58.25 USD) |
IT Support Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 46,328 KPW (50.96 USD) |
Technician Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 39,869 KPW (43.86 USD) |
Professional Services cost 1.60 times less in Nicaragua, as compared to North Korea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and North Korea.
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