Published: Monday, 21th October 2024
The cost of living in Nicaragua is 3.44 times more expensive as compared to Sri Lanka.
On this page, you will find side-by-side cost comparison between Nicaragua and Sri Lanka. 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 Sri Lanka.
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 Indicators  | Nicaragua  | Sri Lanka  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 60,000 LKR (186 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 90,000 LKR (279 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 120,000 LKR (372 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 30,000 LKR (93 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 45,000 LKR (139.50 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 60,000 LKR (186 USD) |
Mortgage Rates Per Month  | 3 % | 7.5 % |
Realtor Commission  | 5 % | 1 % |
Property Taxes  | Yet to Update | 0.2 to 0.4 % |
The average housing cost in Nicaragua is 1.88 times more expensive than Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 200,000 LKR (620 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 5,000 LKR (15.50 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 3,000 LKR (9.30 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 3,500 LKR (10.85 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 1,500 LKR (4.65 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 503.95% more for Utilities.
The basic home furnishing in Nicaragua costs 6.10 times more compared to Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 2,500 LKR (7.75 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 1,500 LKR (4.65 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 1,000 LKR (3.10 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 2,000 LKR (6.20 USD) |
The internet and communication costs 400.81% more in Nicaragua compared to Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 250 LKR (0.78 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 200 LKR (0.62 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 50 LKR (0.15 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 150 LKR (0.46 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 400 LKR (1.24 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 1,000 LKR (3.10 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 1,200 LKR (3.72 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.83 times more expensive than the cost in Sri Lanka.
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 82.64% more for Groceries.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 500 LKR (1.55 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 150 LKR (0.46 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 300 LKR (0.93 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 200 LKR (0.62 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 150 LKR (0.46 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 400 LKR (1.24 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 200 LKR (0.62 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 300 LKR (0.93 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 2.00 times more for Fruits and Vegetables.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 1,500 LKR (4.65 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 4,500 LKR (13.95 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 700 LKR (2.17 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 300 LKR (0.93 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 150 LKR (0.46 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 1,200 LKR (3.72 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 1,200 LKR (3.72 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 500 LKR (1.55 USD) |
Dining-Out costs 69.86% more in Nicaragua compared to Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 2,500 LKR (7.75 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 1,000 LKR (3.10 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 250 LKR (0.78 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 500 LKR (1.55 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 1,000 LKR (3.10 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 2,000 LKR (6.20 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 1.62 times more for usual hard drinks.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 2,000 LKR (6.20 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 100 LKR (0.31 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 15,000 LKR (46.50 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 300 LKR (0.93 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 100 LKR (0.31 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 4,000 LKR (12.40 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 100 LKR (0.31 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 50 LKR (0.15 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 2.61 times more for transportation.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 2,000,000 LKR (6,200 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 10,000 LKR (31 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 2,000 LKR (6.20 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 20,000 LKR (62 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 5,000 LKR (15.50 USD) |
Car Loan Interest Rates  | 10 % | 9 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 250 LKR (0.78 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 950 LKR (2.94 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 2.32 times more for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 3,000 LKR (9.30 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 5,000 LKR (15.50 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 4,000 LKR (12.40 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 2,500 LKR (7.75 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 4,000 LKR (12.40 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 2,000 LKR (6.20 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 3,000 LKR (9.30 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 10,000 LKR (31 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 15,000 LKR (46.50 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 1,000 LKR (3.10 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 1,500 LKR (4.65 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 1,000 LKR (3.10 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 10,000 LKR (31 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 20,000 LKR (62 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 3.53 times more for Health and Medical Treatment.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 20,000 LKR (62 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 5,000 LKR (15.50 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 1,500 LKR (4.65 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 5,000 LKR (15.50 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 3,000 LKR (9.30 USD) |
Haircuts  | 350 NIO (9.45 USD) | 1,000 LKR (3.10 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 3,000 LKR (9.30 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 400 LKR (1.24 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 150 LKR (0.46 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 1.70 times more for Personal Care Items and Treatment.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 15,000 LKR (46.50 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 3,000 LKR (9.30 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 6,000 LKR (18.60 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 4,000 LKR (12.40 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 25,000 LKR (77.50 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 4,000 LKR (12.40 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 4,000 LKR (12.40 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 6,000 LKR (18.60 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 6,000 LKR (18.60 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 5,000 LKR (15.50 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 5,000 LKR (15.50 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 500 LKR (1.55 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 500 LKR (1.55 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 300 LKR (0.93 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 300 LKR (0.93 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 8,000 LKR (24.80 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 5,000 LKR (15.50 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 4.07 times more for Clothing and Footwear for Adults.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 2,500 LKR (7.75 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 3,500 LKR (10.85 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 4,000 LKR (12.40 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 20,000 LKR (62 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 25,000 LKR (77.50 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 2,000 LKR (6.20 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 20,000 LKR (62 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 5,000 LKR (15.50 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 10,000 LKR (31 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 5.37 times more for Childcare and kids clothing.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 30,000 LKR (93 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 50,000 LKR (155 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 60,000 LKR (186 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 80,000 LKR (248 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 150,000 LKR (465 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 300,000 LKR (930 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 5,000 LKR (15.50 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 15,000 LKR (46.50 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 2,000 LKR (6.20 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 4,000 LKR (12.40 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 2,000 LKR (6.20 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 5.46 times more for school and education.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 800 LKR (2.48 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 1,200 LKR (3.72 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 2,000 LKR (6.20 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 1,500 LKR (4.65 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 2,000 LKR (6.20 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 1,500 LKR (4.65 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 500 LKR (1.55 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 800 LKR (2.48 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 1,000 LKR (3.10 USD) |
Bowling  | 175 NIO (4.72 USD) | 800 LKR (2.48 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 1,000 LKR (3.10 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 2,000 LKR (6.20 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 500 LKR (1.55 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 1,000 LKR (3.10 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 10,000 LKR (31 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 4.13 times more for entertainment, recreation and fun activities.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 10,000 LKR (31 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 2,000 LKR (6.20 USD) |
Art Classes  | 525 NIO (14.18 USD) | 1,500 LKR (4.65 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 1,500 LKR (4.65 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 2,000 LKR (6.20 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 1,500 LKR (4.65 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 500 LKR (1.55 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 5,000 LKR (15.50 USD) |
If you lived in Nicaragua, instead of Sri Lanka, you would have to pay 12.07 times more for Private Classes.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 60,000 LKR (186 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 45,000 LKR (139.50 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 666.67 LKR per hour (2.07 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 10,000 LKR (31 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 15 % |
Social Security Contributions  | 10 % | 5 % |
Pension Contributions  | 5 % | 3 % |
Cost of Living Index  | 35 | 30 |
Median Household Income  | 70,000 NIO (1,890 USD) | 50,000 LKR (155 USD) |
If you lived in Nicaragua, you would earn 6.83 times more salary as compared to Sri Lanka.
Indicators | Nicaragua | Sri Lanka |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 5,000 LKR (15.50 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 4,000 LKR (12.40 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 3,000 LKR (9.30 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 2,500 LKR (7.75 USD) |
Professional Services cost 3.15 times more in Nicaragua, as compared to Sri Lanka.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Sri Lanka.
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