Published: Monday, 21th October 2024
The cost of living in Nicaragua is 2.62 times more expensive as compared to Papua New Guinea.
On this page, you will find side-by-side cost comparison between Nicaragua and Papua New Guinea. 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 Papua New Guinea.
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![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 12,500 NIO (337.50 USD) | 1,200 PGK (324 USD) |
2 BHK Apartment in City Center ![]() | 17,500 NIO (472.50 USD) | 2,000 PGK (540 USD) |
3 BHK Apartment in City Center ![]() | 22,750 NIO (614.25 USD) | 3,000 PGK (810 USD) |
1 BHK Apartment outside City Center ![]() | 8,750 NIO (236.25 USD) | 700 PGK (189 USD) |
2 BHK Apartment outside City Center ![]() | 12,500 NIO (337.50 USD) | 1,200 PGK (324 USD) |
3 BHK Apartment outside City Center ![]() | 15,750 NIO (425.25 USD) | 1,800 PGK (486 USD) |
Mortgage Rates Per Month ![]() | 3 % | 1.2 % |
Realtor Commission ![]() | 5 % | 5 % |
Property Taxes ![]() | Yet to Update | Yet to Update |
The average housing cost in Nicaragua is 1.10 times less expensive than Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Basic Home Furnishing ![]() | 140,000 NIO (3,780 USD) | 5,000 PGK (1,350 USD) |
Electricity Cost Per Month ![]() | 2,800 NIO (75.60 USD) | 200 PGK (54 USD) |
Heating Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 150 PGK (40.50 USD) |
Cooling Cost Per Month ![]() | 2,100 NIO (56.70 USD) | 100 PGK (27 USD) |
Water Supply Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 80 PGK (21.60 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 167.09% more for Utilities.
The basic home furnishing in Nicaragua costs 2.80 times more compared to Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 100 PGK (27 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 60 PGK (16.20 USD) |
Landline Basic Plan Cost Per Month ![]() | 525 NIO (14.18 USD) | 40 PGK (10.80 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 700 NIO (18.90 USD) | 90 PGK (24.30 USD) |
The internet and communication costs 38.79% more in Nicaragua compared to Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 70 NIO (1.89 USD) | 4 PGK (1.08 USD) |
Milk (1 Liter) ![]() | 35 NIO (0.94 USD) | 3 PGK (0.81 USD) |
Water (1 Liter) ![]() | 17.50 NIO (0.47 USD) | 1 PGK (0.27 USD) |
Bread (500 gm) ![]() | 52 NIO (1.40 USD) | 2.50 PGK (0.68 USD) |
Eggs (1 Dozen) ![]() | 87 NIO (2.35 USD) | 7 PGK (1.89 USD) |
Cheese (1 KG) ![]() | 175 NIO (4.72 USD) | 12 PGK (3.24 USD) |
Chicken Breast (1 KG) ![]() | 245 NIO (6.62 USD) | 14 PGK (3.78 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.31 times more expensive than the cost in Papua New Guinea.
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 56.67% more for Groceries.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Apples (1 KG) ![]() | 87 NIO (2.35 USD) | 6 PGK (1.62 USD) |
Bananas (1 KG) ![]() | 52 NIO (1.40 USD) | 3 PGK (0.81 USD) |
Oranges (1 KG) ![]() | 70 NIO (1.89 USD) | 5 PGK (1.35 USD) |
Tomatoes (1 KG) ![]() | 52 NIO (1.40 USD) | 4 PGK (1.08 USD) |
Potatoes (1 KG) ![]() | 35 NIO (0.94 USD) | 2.50 PGK (0.68 USD) |
Lemons (1 KG) ![]() | 70 NIO (1.89 USD) | 5 PGK (1.35 USD) |
Onions (1 KG) ![]() | 52 NIO (1.40 USD) | 3.50 PGK (0.95 USD) |
Lentils (1 KG) ![]() | 87 NIO (2.35 USD) | 5 PGK (1.35 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 1.49 times more for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 280 NIO (7.56 USD) | 20 PGK (5.40 USD) |
Three-Course Meal for Two ![]() | 700 NIO (18.90 USD) | 50 PGK (13.50 USD) |
Fast Food Combo Meal ![]() | 140 NIO (3.78 USD) | 10 PGK (2.70 USD) |
Normal Coffee ![]() | 70 NIO (1.89 USD) | 3.50 PGK (0.95 USD) |
Soft Drink ![]() | 35 NIO (0.94 USD) | 2.50 PGK (0.68 USD) |
Pizza for One ![]() | 280 NIO (7.56 USD) | 20 PGK (5.40 USD) |
Take-Out Delivery Meal ![]() | 280 NIO (7.56 USD) | 15 PGK (4.05 USD) |
Cigarette Pack of 20 ![]() | 175 NIO (4.72 USD) | 10 PGK (2.70 USD) |
Dining-Out costs 49.62% more in Nicaragua compared to Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 280 NIO (7.56 USD) | 30 PGK (8.10 USD) |
Glass of Wine ![]() | 175 NIO (4.72 USD) | 8 PGK (2.16 USD) |
Domestic Beer Half Liter ![]() | 52 NIO (1.40 USD) | 4 PGK (1.08 USD) |
Imported Beer Half Liter ![]() | 70 NIO (1.89 USD) | 6 PGK (1.62 USD) |
Domestic Alcohol 1 Liter ![]() | 245 NIO (6.62 USD) | 30 PGK (8.10 USD) |
Branded Alcohol 1 Liter ![]() | 525 NIO (14.18 USD) | 50 PGK (13.50 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 1.05 times more for usual hard drinks.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,050 NIO (28.35 USD) | 70 PGK (18.90 USD) |
Single Public Transportation Ticket ![]() | 35 NIO (0.94 USD) | 2 PGK (0.54 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 4,200 NIO (113.40 USD) | 150 PGK (40.50 USD) |
Taxi Start Fare ![]() | 70 NIO (1.89 USD) | 5 PGK (1.35 USD) |
Taxi Rate Per Kilometer ![]() | 35 NIO (0.94 USD) | 2 PGK (0.54 USD) |
Car Rental Per Day ![]() | 1,050 NIO (28.35 USD) | 50 PGK (13.50 USD) |
Parking Fees in City Center Per Hour ![]() | 35 NIO (0.94 USD) | 3 PGK (0.81 USD) |
Parking Fees outside City Center Per Hour ![]() | 17.50 NIO (0.47 USD) | 1.50 PGK (0.41 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 2.29 times more for transportation.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 525,000 NIO (14,175 USD) | 20,000 PGK (5,400 USD) |
Vehicle Registration Cost ![]() | 14,000 NIO (378 USD) | 100 PGK (27 USD) |
Driving License Fees ![]() | 1,400 NIO (37.80 USD) | 80 PGK (21.60 USD) |
Car Insurance Cost ![]() | 1,750 NIO (47.25 USD) | 600 PGK (162 USD) |
Car Maintenance Cost ![]() | 1,050 NIO (28.35 USD) | 200 PGK (54 USD) |
Car Loan Interest Rates ![]() | 10 % | 7 % |
Fuel Per Liter ![]() | 35 NIO (0.94 USD) | 4 PGK (1.08 USD) |
Fuel Per Gallon ![]() | 133 NIO (3.59 USD) | 15 PGK (4.05 USD) |
Average Toll Fees ![]() | Yet to Update | 10 PGK 2.70 USD |
You would have to pay 2.59 times more for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Doctor Visit ![]() | 1,050 NIO (28.35 USD) | 60 PGK (16.20 USD) |
Specialist Visit ![]() | 2,100 NIO (56.70 USD) | 120 PGK (32.40 USD) |
Dentist Visit ![]() | 1,400 NIO (37.80 USD) | 80 PGK (21.60 USD) |
Eye Exam ![]() | 700 NIO (18.90 USD) | 60 PGK (16.20 USD) |
Mental Health Counseling ![]() | 1,400 NIO (37.80 USD) | 120 PGK (32.40 USD) |
Preventive Health Screening ![]() | 700 NIO (18.90 USD) | 60 PGK (16.20 USD) |
Physical Therapy ![]() | 1,050 NIO (28.35 USD) | 100 PGK (27 USD) |
Emergency Room Visit ![]() | 10,500 NIO (283.50 USD) | 400 PGK (108 USD) |
Hospital Stay Per Night ![]() | 4,200 NIO (113.40 USD) | 200 PGK (54 USD) |
Vaccinations ![]() | 525 NIO (14.18 USD) | 40 PGK (10.80 USD) |
Prescription Medication ![]() | 350 NIO (9.45 USD) | 25 PGK (6.75 USD) |
Over the Counter Medication ![]() | 175 NIO (4.72 USD) | 15 PGK (4.05 USD) |
Health Insurance Premiums ![]() | 7,000 NIO (189 USD) | 200 PGK (54 USD) |
Health Insurance Deductibles ![]() | 2,100 NIO (56.70 USD) | 100 PGK (27 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 2.10 times more for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Cosmetic Procedures ![]() | 2,800 NIO (75.60 USD) | 250 PGK (67.50 USD) |
Spa Treatment ![]() | 1,400 NIO (37.80 USD) | 100 PGK (27 USD) |
Manicure Pedicure Cost ![]() | 525 NIO (14.18 USD) | 40 PGK (10.80 USD) |
Optical Glasses Cost ![]() | 1,050 NIO (28.35 USD) | 100 PGK (27 USD) |
Contact Lenses Cost ![]() | 700 NIO (18.90 USD) | 50 PGK (13.50 USD) |
Haircuts ![]() | 350 NIO (9.45 USD) | 20 PGK (5.40 USD) |
Hair Coloring ![]() | 700 NIO (18.90 USD) | 50 PGK (13.50 USD) |
Shampoo Price ![]() | 70 NIO (1.89 USD) | 6 PGK (1.62 USD) |
Toothpaste Price ![]() | 35 NIO (0.94 USD) | 3 PGK (0.81 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 1.23 times more for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 5,600 NIO (151.20 USD) | 120 PGK (32.40 USD) |
Men's Shirt ![]() | 1,750 NIO (47.25 USD) | 30 PGK (8.10 USD) |
Women's Dress ![]() | 2,800 NIO (75.60 USD) | 60 PGK (16.20 USD) |
Summer Dress ![]() | 2,100 NIO (56.70 USD) | 40 PGK (10.80 USD) |
Men's Suit ![]() | 8,400 NIO (226.80 USD) | 150 PGK (40.50 USD) |
Men's Jeans ![]() | 2,100 NIO (56.70 USD) | 60 PGK (16.20 USD) |
Women's Jeans ![]() | 2,100 NIO (56.70 USD) | 40 PGK (10.80 USD) |
Men's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 100 PGK (27 USD) |
Women's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 100 PGK (27 USD) |
Men's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 70 PGK (18.90 USD) |
Women's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 70 PGK (18.90 USD) |
Underwear For Men ![]() | 350 NIO (9.45 USD) | 10 PGK (2.70 USD) |
Underwear For Women ![]() | 490 NIO (13.23 USD) | 15 PGK (4.05 USD) |
Socks For Men ![]() | 140 NIO (3.78 USD) | 5 PGK (1.35 USD) |
Socks For Women ![]() | 140 NIO (3.78 USD) | 5 PGK (1.35 USD) |
Wintercoat for Adults ![]() | 3,500 NIO (94.50 USD) | 100 PGK (27 USD) |
Sportswear ![]() | 2,100 NIO (56.70 USD) | 60 PGK (16.20 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 4.40 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Children's Jeans ![]() | 1,050 NIO (28.35 USD) | 30 PGK (8.10 USD) |
Children's Normal Sneakers ![]() | 1,750 NIO (47.25 USD) | 40 PGK (10.80 USD) |
Children's Winter Coat ![]() | 2,100 NIO (56.70 USD) | 60 PGK (16.20 USD) |
Daycare for Infant ![]() | 10,500 NIO (283.50 USD) | 250 PGK (67.50 USD) |
Daycare for Toddler ![]() | 8,400 NIO (226.80 USD) | 200 PGK (54 USD) |
Childcare for Sick Days ![]() | 1,400 NIO (37.80 USD) | 40 PGK (10.80 USD) |
Early Childhood Education Programs ![]() | 14,000 NIO (378 USD) | 200 PGK (54 USD) |
Extra Curricular Activities ![]() | 3,500 NIO (94.50 USD) | 150 PGK (40.50 USD) |
Summer Camp for Kids ![]() | 14,000 NIO (378 USD) | 200 PGK (54 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 4.85 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
PreSchool Fees ![]() | 17,500 NIO (472.50 USD) | 300 PGK (81 USD) |
Primary School Fees ![]() | 35,000 NIO (945 USD) | 500 PGK (135 USD) |
Secondary School Fees ![]() | 42,000 NIO (1,134 USD) | 800 PGK (216 USD) |
Private School Fees ![]() | 56,000 NIO (1,512 USD) | 1,200 PGK (324 USD) |
University Tuition Fees ![]() | 105,000 NIO (2,835 USD) | 3,000 PGK (810 USD) |
University Private Tuition Fees ![]() | 140,000 NIO (3,780 USD) | 4,000 PGK (1,080 USD) |
After School Activities ![]() | 3,500 NIO (94.50 USD) | 100 PGK (27 USD) |
Special Education Services ![]() | 28,000 NIO (756 USD) | 250 PGK (67.50 USD) |
Tutoring ![]() | 1,750 NIO (47.25 USD) | 40 PGK (10.80 USD) |
Textbooks Cost ![]() | 7,000 NIO (189 USD) | 60 PGK (16.20 USD) |
School Supplies ![]() | 2,100 NIO (56.70 USD) | 40 PGK (10.80 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 4.26 times more for school and education.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 175 NIO (4.72 USD) | 10 PGK (2.70 USD) |
Theater Ticket (Single) ![]() | 350 NIO (9.45 USD) | 20 PGK (5.40 USD) |
Concert Ticket (Single) ![]() | 525 NIO (14.18 USD) | 30 PGK (8.10 USD) |
Sports Event Ticket (Single) ![]() | 350 NIO (9.45 USD) | 20 PGK (5.40 USD) |
Gym Membership ![]() | 700 NIO (18.90 USD) | 50 PGK (13.50 USD) |
Swimming Pool Access ![]() | 350 NIO (9.45 USD) | 30 PGK (8.10 USD) |
Museum Entry Ticket ![]() | 175 NIO (4.72 USD) | 10 PGK (2.70 USD) |
Zoo Entry Ticket ![]() | 350 NIO (9.45 USD) | 15 PGK (4.05 USD) |
Amusement Park Entry Ticket ![]() | 525 NIO (14.18 USD) | 25 PGK (6.75 USD) |
Bowling ![]() | 175 NIO (4.72 USD) | 20 PGK (5.40 USD) |
Mini Golf ![]() | 175 NIO (4.72 USD) | 15 PGK (4.05 USD) |
Video Games ![]() | 1,050 NIO (28.35 USD) | 50 PGK (13.50 USD) |
Streaming Services ![]() | 350 NIO (9.45 USD) | 15 PGK (4.05 USD) |
Outdoor Equipment Rental ![]() | 350 NIO (9.45 USD) | 20 PGK (5.40 USD) |
Theme Park Annual Pass ![]() | 7,000 NIO (189 USD) | 600 PGK (162 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 1.35 times more for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Language Classes ![]() | 21,000 NIO (567 USD) | 200 PGK (54 USD) |
Parenting Classes ![]() | 4,200 NIO (113.40 USD) | 200 PGK (54 USD) |
Art Classes ![]() | 525 NIO (14.18 USD) | 30 PGK (8.10 USD) |
Fitness Classes ![]() | 350 NIO (9.45 USD) | 30 PGK (8.10 USD) |
Music Lessons ![]() | 700 NIO (18.90 USD) | 40 PGK (10.80 USD) |
Dance Lessons ![]() | 700 NIO (18.90 USD) | 40 PGK (10.80 USD) |
Reading Materials for Classes ![]() | 175 NIO (4.72 USD) | 10 PGK (2.70 USD) |
Educational Software ![]() | 5,600 NIO (151.20 USD) | 200 PGK (54 USD) |
If you lived in Nicaragua, instead of Papua New Guinea, you would have to pay 4.43 times more for Private Classes.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 28,000 NIO (756 USD) | 2,000 PGK (540 USD) |
Average Net Monthly Salary ![]() | 21,000 NIO (567 USD) | 1,600 PGK (432 USD) |
Minimum Wages ![]() | 350 NIO per hour (9.45 USD) | 20 PGK per hour (5.40 USD) |
Average Bonus ![]() | 10,500 NIO (283.50 USD) | 200 PGK (54 USD) |
Income Tax Rate ![]() | 0 to 15 % | 0 to 10 % |
Social Security Contributions ![]() | 10 % | 10 % |
Pension Contributions ![]() | 5 % | 8 % |
Cost of Living Index ![]() | 35 | 65 |
Median Household Income ![]() | 70,000 NIO (1,890 USD) | 1,200 PGK (324 USD) |
If you lived in Nicaragua, you would earn 2.59 times more salary as compared to Papua New Guinea.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Papua New Guinea ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 1,050 NIO (28.35 USD) | 150 PGK (40.50 USD) |
Accounting Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 100 PGK (27 USD) |
IT Support Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 80 PGK (21.60 USD) |
Technician Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 60 PGK (16.20 USD) |
Professional Services cost 1.35 times more in Nicaragua, as compared to Papua New Guinea.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Papua New Guinea.
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