Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.04 times more expensive as compared to South Africa.
On this page, you will find side-by-side cost comparison between Nicaragua and South Africa. 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 South Africa.
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 Indicators  | Nicaragua  | South Africa  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 8,000 ZAR (424 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 12,000 ZAR (636 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 18,000 ZAR (954 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 5,500 ZAR (291.50 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 8,500 ZAR (450.50 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 12,000 ZAR (636 USD) |
Mortgage Rates Per Month  | 3 % | 7.5 % |
Realtor Commission  | 5 % | 5 % |
Property Taxes  | Yet to Update | 0.1 to 2.0 % |
The average housing cost in Nicaragua is 1.38 times less expensive than South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 50,000 ZAR (2,650 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 1,200 ZAR (63.60 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 800 ZAR (42.40 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 600 ZAR (31.80 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 400 ZAR (21.20 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 41.97% more for Utilities.
The basic home furnishing in Nicaragua costs 1.43 times more compared to South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 600 ZAR (31.80 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 500 ZAR (26.50 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 300 ZAR (15.90 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 800 ZAR (42.40 USD) |
The internet and communication costs 6.80% less in Nicaragua compared to South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 30 ZAR (1.59 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 20 ZAR (1.06 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 10 ZAR (0.53 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 15 ZAR (0.79 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 40 ZAR (2.12 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 100 ZAR (5.30 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 80 ZAR (4.24 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.12 times less expensive than the cost in South Africa.
If you lived in Nicaragua, instead of South Africa, you would have to pay 17.69% more for Groceries.
Indicators | Nicaragua | South Africa |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 30 ZAR (1.59 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 20 ZAR (1.06 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 25 ZAR (1.32 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 20 ZAR (1.06 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 15 ZAR (0.79 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 25 ZAR (1.32 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 20 ZAR (1.06 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 35 ZAR (1.85 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.35 times more for Fruits and Vegetables.
Indicators | Nicaragua | South Africa |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 150 ZAR (7.95 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 600 ZAR (31.80 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 80 ZAR (4.24 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 30 ZAR (1.59 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 20 ZAR (1.06 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 120 ZAR (6.36 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 80 ZAR (4.24 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 40 ZAR (2.12 USD) |
Dining-Out costs 10.85% less in Nicaragua compared to South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 150 ZAR (7.95 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 80 ZAR (4.24 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 25 ZAR (1.32 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 35 ZAR (1.85 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 120 ZAR (6.36 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 200 ZAR (10.60 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.12 times more for usual hard drinks.
Indicators | Nicaragua | South Africa |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 1,000 ZAR (53 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 20 ZAR (1.06 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 1,500 ZAR (79.50 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 20 ZAR (1.06 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 10 ZAR (0.53 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 500 ZAR (26.50 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 25 ZAR (1.32 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 15 ZAR (0.79 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.07 times more for transportation.
Indicators | Nicaragua | South Africa |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 300,000 ZAR (15,900 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 1,000 ZAR (53 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 500 ZAR (26.50 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 3,000 ZAR (159 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 1,500 ZAR (79.50 USD) |
Car Loan Interest Rates  | 10 % | 8 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 22 ZAR (1.17 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 80 ZAR (4.24 USD) |
Average Toll Fees  | Yet to Update | 100 ZAR 5.30 USD |
You would have to pay 1.11 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 1,200 ZAR (63.60 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 2,000 ZAR (106 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 1,500 ZAR (79.50 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 600 ZAR (31.80 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 1,200 ZAR (63.60 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 600 ZAR (31.80 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 800 ZAR (42.40 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 2,000 ZAR (106 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 5,000 ZAR (265 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 400 ZAR (21.20 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 500 ZAR (26.50 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 200 ZAR (10.60 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 3,000 ZAR (159 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 5,000 ZAR (265 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.42 times less for Health and Medical Treatment.
Indicators | Nicaragua | South Africa |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 5,000 ZAR (265 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 1,000 ZAR (53 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 400 ZAR (21.20 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 1,000 ZAR (53 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 600 ZAR (31.80 USD) |
Haircuts  | 350 NIO (9.45 USD) | 200 ZAR (10.60 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 600 ZAR (31.80 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 100 ZAR (5.30 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 30 ZAR (1.59 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 2.30 times less for Personal Care Items and Treatment.
Indicators | Nicaragua | South Africa |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 2,500 ZAR (132.50 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 500 ZAR (26.50 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 800 ZAR (42.40 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 600 ZAR (31.80 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 2,000 ZAR (106 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 800 ZAR (42.40 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 800 ZAR (42.40 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 1,000 ZAR (53 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 1,000 ZAR (53 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 600 ZAR (31.80 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 600 ZAR (31.80 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 100 ZAR (5.30 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 100 ZAR (5.30 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 50 ZAR (2.65 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 50 ZAR (2.65 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 1,200 ZAR (63.60 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 700 ZAR (37.10 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.73 times more for Clothing and Footwear for Adults.
Indicators | Nicaragua | South Africa |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 300 ZAR (15.90 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 400 ZAR (21.20 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 500 ZAR (26.50 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 4,000 ZAR (212 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 5,000 ZAR (265 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 500 ZAR (26.50 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 4,000 ZAR (212 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 1,000 ZAR (53 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 2,000 ZAR (106 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.63 times more for Childcare and kids clothing.
Indicators | Nicaragua | South Africa |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 6,000 ZAR (318 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 10,000 ZAR (530 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 15,000 ZAR (795 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 25,000 ZAR (1,325 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 40,000 ZAR (2,120 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 80,000 ZAR (4,240 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 1,500 ZAR (79.50 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 3,000 ZAR (159 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 500 ZAR (26.50 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 1,000 ZAR (53 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 500 ZAR (26.50 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.22 times more for school and education.
Indicators | Nicaragua | South Africa |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 100 ZAR (5.30 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 150 ZAR (7.95 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 200 ZAR (10.60 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 180 ZAR (9.54 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 800 ZAR (42.40 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 400 ZAR (21.20 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 100 ZAR (5.30 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 150 ZAR (7.95 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 300 ZAR (15.90 USD) |
Bowling  | 175 NIO (4.72 USD) | 80 ZAR (4.24 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 100 ZAR (5.30 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 600 ZAR (31.80 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 150 ZAR (7.95 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 250 ZAR (13.25 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 1,500 ZAR (79.50 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 1.27 times more for entertainment, recreation and fun activities.
Indicators | Nicaragua | South Africa |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 2,000 ZAR (106 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 500 ZAR (26.50 USD) |
Art Classes  | 525 NIO (14.18 USD) | 200 ZAR (10.60 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 150 ZAR (7.95 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 300 ZAR (15.90 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 250 ZAR (13.25 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 100 ZAR (5.30 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 1,000 ZAR (53 USD) |
If you lived in Nicaragua, instead of South Africa, you would have to pay 3.76 times more for Private Classes.
Indicators | Nicaragua | South Africa |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 30,000 ZAR (1,590 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 20,000 ZAR (1,060 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 133.33 ZAR per hour (7.07 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 5,000 ZAR (265 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 15 % |
Social Security Contributions  | 10 % | 7 % |
Pension Contributions  | 5 % | 5 % |
Cost of Living Index  | 35 | 60 |
Median Household Income  | 70,000 NIO (1,890 USD) | 18,000 ZAR (954 USD) |
If you lived in Nicaragua, you would earn 1.11 times less salary as compared to South Africa.
Indicators | Nicaragua | South Africa |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 1,500 ZAR (79.50 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 1,200 ZAR (63.60 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 1,000 ZAR (53 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 800 ZAR (42.40 USD) |
Professional Services cost 1.68 times less in Nicaragua, as compared to South Africa.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and South Africa.
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