Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.20 times less expensive as compared to Taiwan.
On this page, you will find side-by-side cost comparison between Nicaragua and Taiwan. 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 Taiwan.
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![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 12,500 NIO (337.50 USD) | 30,000 TWD (930 USD) |
2 BHK Apartment in City Center ![]() | 17,500 NIO (472.50 USD) | 50,000 TWD (1,550 USD) |
3 BHK Apartment in City Center ![]() | 22,750 NIO (614.25 USD) | 70,000 TWD (2,170 USD) |
1 BHK Apartment outside City Center ![]() | 8,750 NIO (236.25 USD) | 20,000 TWD (620 USD) |
2 BHK Apartment outside City Center ![]() | 12,500 NIO (337.50 USD) | 35,000 TWD (1,085 USD) |
3 BHK Apartment outside City Center ![]() | 15,750 NIO (425.25 USD) | 50,000 TWD (1,550 USD) |
Mortgage Rates Per Month ![]() | 3 % | 1.5 % |
Realtor Commission ![]() | 5 % | 1 % |
Property Taxes ![]() | Yet to Update | 1.4 % |
The average housing cost in Nicaragua is 3.20 times less expensive than Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Basic Home Furnishing ![]() | 140,000 NIO (3,780 USD) | 100,000 TWD (3,100 USD) |
Electricity Cost Per Month ![]() | 2,800 NIO (75.60 USD) | 2,000 TWD (62 USD) |
Heating Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 1,500 TWD (46.50 USD) |
Cooling Cost Per Month ![]() | 2,100 NIO (56.70 USD) | 1,500 TWD (46.50 USD) |
Water Supply Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 500 TWD (15.50 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 21.94% more for Utilities.
The basic home furnishing in Nicaragua costs 1.22 times more compared to Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 1,750 NIO (47.25 USD) | 1,200 TWD (37.20 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 1,050 NIO (28.35 USD) | 500 TWD (15.50 USD) |
Landline Basic Plan Cost Per Month ![]() | 525 NIO (14.18 USD) | 300 TWD (9.30 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 700 NIO (18.90 USD) | 1,000 TWD (31 USD) |
The internet and communication costs 16.85% more in Nicaragua compared to Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 70 NIO (1.89 USD) | 60 TWD (1.86 USD) |
Milk (1 Liter) ![]() | 35 NIO (0.94 USD) | 70 TWD (2.17 USD) |
Water (1 Liter) ![]() | 17.50 NIO (0.47 USD) | 20 TWD (0.62 USD) |
Bread (500 gm) ![]() | 52 NIO (1.40 USD) | 35 TWD (1.08 USD) |
Eggs (1 Dozen) ![]() | 87 NIO (2.35 USD) | 90 TWD (2.79 USD) |
Cheese (1 KG) ![]() | 175 NIO (4.72 USD) | 300 TWD (9.30 USD) |
Chicken Breast (1 KG) ![]() | 245 NIO (6.62 USD) | 200 TWD (6.20 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.97 times less expensive than the cost in Taiwan.
If you lived in Nicaragua, instead of Taiwan, you would have to pay 23.41% less for Groceries.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Apples (1 KG) ![]() | 87 NIO (2.35 USD) | 100 TWD (3.10 USD) |
Bananas (1 KG) ![]() | 52 NIO (1.40 USD) | 50 TWD (1.55 USD) |
Oranges (1 KG) ![]() | 70 NIO (1.89 USD) | 80 TWD (2.48 USD) |
Tomatoes (1 KG) ![]() | 52 NIO (1.40 USD) | 60 TWD (1.86 USD) |
Potatoes (1 KG) ![]() | 35 NIO (0.94 USD) | 40 TWD (1.24 USD) |
Lemons (1 KG) ![]() | 70 NIO (1.89 USD) | 120 TWD (3.72 USD) |
Onions (1 KG) ![]() | 52 NIO (1.40 USD) | 50 TWD (1.55 USD) |
Lentils (1 KG) ![]() | 87 NIO (2.35 USD) | 80 TWD (2.48 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.32 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 280 NIO (7.56 USD) | 200 TWD (6.20 USD) |
Three-Course Meal for Two ![]() | 700 NIO (18.90 USD) | 800 TWD (24.80 USD) |
Fast Food Combo Meal ![]() | 140 NIO (3.78 USD) | 150 TWD (4.65 USD) |
Normal Coffee ![]() | 70 NIO (1.89 USD) | 100 TWD (3.10 USD) |
Soft Drink ![]() | 35 NIO (0.94 USD) | 50 TWD (1.55 USD) |
Pizza for One ![]() | 280 NIO (7.56 USD) | 300 TWD (9.30 USD) |
Take-Out Delivery Meal ![]() | 280 NIO (7.56 USD) | 250 TWD (7.75 USD) |
Cigarette Pack of 20 ![]() | 175 NIO (4.72 USD) | 150 TWD (4.65 USD) |
Dining-Out costs 14.65% less in Nicaragua compared to Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 280 NIO (7.56 USD) | 1,000 TWD (31 USD) |
Glass of Wine ![]() | 175 NIO (4.72 USD) | 200 TWD (6.20 USD) |
Domestic Beer Half Liter ![]() | 52 NIO (1.40 USD) | 80 TWD (2.48 USD) |
Imported Beer Half Liter ![]() | 70 NIO (1.89 USD) | 120 TWD (3.72 USD) |
Domestic Alcohol 1 Liter ![]() | 245 NIO (6.62 USD) | 800 TWD (24.80 USD) |
Branded Alcohol 1 Liter ![]() | 525 NIO (14.18 USD) | 1,200 TWD (37.20 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 2.90 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 1,050 NIO (28.35 USD) | 1,200 TWD (37.20 USD) |
Single Public Transportation Ticket ![]() | 35 NIO (0.94 USD) | 30 TWD (0.93 USD) |
Single Train Ticket ![]() | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket ![]() | 4,200 NIO (113.40 USD) | 5,000 TWD (155 USD) |
Taxi Start Fare ![]() | 70 NIO (1.89 USD) | 80 TWD (2.48 USD) |
Taxi Rate Per Kilometer ![]() | 35 NIO (0.94 USD) | 20 TWD (0.62 USD) |
Car Rental Per Day ![]() | 1,050 NIO (28.35 USD) | 2,000 TWD (62 USD) |
Parking Fees in City Center Per Hour ![]() | 35 NIO (0.94 USD) | 100 TWD (3.10 USD) |
Parking Fees outside City Center Per Hour ![]() | 17.50 NIO (0.47 USD) | 50 TWD (1.55 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.50 times less for transportation.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 525,000 NIO (14,175 USD) | 500,000 TWD (15,500 USD) |
Vehicle Registration Cost ![]() | 14,000 NIO (378 USD) | 10,000 TWD (310 USD) |
Driving License Fees ![]() | 1,400 NIO (37.80 USD) | 1,000 TWD (31 USD) |
Car Insurance Cost ![]() | 1,750 NIO (47.25 USD) | 15,000 TWD (465 USD) |
Car Maintenance Cost ![]() | 1,050 NIO (28.35 USD) | 3,000 TWD (93 USD) |
Car Loan Interest Rates ![]() | 10 % | 2.5 % |
Fuel Per Liter ![]() | 35 NIO (0.94 USD) | 35 TWD (1.08 USD) |
Fuel Per Gallon ![]() | 133 NIO (3.59 USD) | 150 TWD (4.65 USD) |
Average Toll Fees ![]() | Yet to Update | Yet to Update |
You would have to pay 1.12 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Doctor Visit ![]() | 1,050 NIO (28.35 USD) | 1,000 TWD (31 USD) |
Specialist Visit ![]() | 2,100 NIO (56.70 USD) | 1,500 TWD (46.50 USD) |
Dentist Visit ![]() | 1,400 NIO (37.80 USD) | 1,200 TWD (37.20 USD) |
Eye Exam ![]() | 700 NIO (18.90 USD) | 800 TWD (24.80 USD) |
Mental Health Counseling ![]() | 1,400 NIO (37.80 USD) | 1,500 TWD (46.50 USD) |
Preventive Health Screening ![]() | 700 NIO (18.90 USD) | 800 TWD (24.80 USD) |
Physical Therapy ![]() | 1,050 NIO (28.35 USD) | 1,000 TWD (31 USD) |
Emergency Room Visit ![]() | 10,500 NIO (283.50 USD) | 2,000 TWD (62 USD) |
Hospital Stay Per Night ![]() | 4,200 NIO (113.40 USD) | 5,000 TWD (155 USD) |
Vaccinations ![]() | 525 NIO (14.18 USD) | 500 TWD (15.50 USD) |
Prescription Medication ![]() | 350 NIO (9.45 USD) | 300 TWD (9.30 USD) |
Over the Counter Medication ![]() | 175 NIO (4.72 USD) | 150 TWD (4.65 USD) |
Health Insurance Premiums ![]() | 7,000 NIO (189 USD) | 5,000 TWD (155 USD) |
Health Insurance Deductibles ![]() | 2,100 NIO (56.70 USD) | 10,000 TWD (310 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.06 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Cosmetic Procedures ![]() | 2,800 NIO (75.60 USD) | 10,000 TWD (310 USD) |
Spa Treatment ![]() | 1,400 NIO (37.80 USD) | 3,000 TWD (93 USD) |
Manicure Pedicure Cost ![]() | 525 NIO (14.18 USD) | 1,000 TWD (31 USD) |
Optical Glasses Cost ![]() | 1,050 NIO (28.35 USD) | 1,000 TWD (31 USD) |
Contact Lenses Cost ![]() | 700 NIO (18.90 USD) | 800 TWD (24.80 USD) |
Haircuts ![]() | 350 NIO (9.45 USD) | 500 TWD (15.50 USD) |
Hair Coloring ![]() | 700 NIO (18.90 USD) | 2,000 TWD (62 USD) |
Shampoo Price ![]() | 70 NIO (1.89 USD) | 100 TWD (3.10 USD) |
Toothpaste Price ![]() | 35 NIO (0.94 USD) | 50 TWD (1.55 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 2.78 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 5,600 NIO (151.20 USD) | 3,000 TWD (93 USD) |
Men's Shirt ![]() | 1,750 NIO (47.25 USD) | 800 TWD (24.80 USD) |
Women's Dress ![]() | 2,800 NIO (75.60 USD) | 1,500 TWD (46.50 USD) |
Summer Dress ![]() | 2,100 NIO (56.70 USD) | 800 TWD (24.80 USD) |
Men's Suit ![]() | 8,400 NIO (226.80 USD) | 10,000 TWD (310 USD) |
Men's Jeans ![]() | 2,100 NIO (56.70 USD) | 1,500 TWD (46.50 USD) |
Women's Jeans ![]() | 2,100 NIO (56.70 USD) | 1,200 TWD (37.20 USD) |
Men's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 1,500 TWD (46.50 USD) |
Women's Formal Shoes ![]() | 4,200 NIO (113.40 USD) | 1,500 TWD (46.50 USD) |
Men's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 1,200 TWD (37.20 USD) |
Women's Casual Shoes ![]() | 2,800 NIO (75.60 USD) | 1,200 TWD (37.20 USD) |
Underwear For Men ![]() | 350 NIO (9.45 USD) | 200 TWD (6.20 USD) |
Underwear For Women ![]() | 490 NIO (13.23 USD) | 200 TWD (6.20 USD) |
Socks For Men ![]() | 140 NIO (3.78 USD) | 50 TWD (1.55 USD) |
Socks For Women ![]() | 140 NIO (3.78 USD) | 50 TWD (1.55 USD) |
Wintercoat for Adults ![]() | 3,500 NIO (94.50 USD) | 2,000 TWD (62 USD) |
Sportswear ![]() | 2,100 NIO (56.70 USD) | 1,000 TWD (31 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.43 times more for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Children's Jeans ![]() | 1,050 NIO (28.35 USD) | 800 TWD (24.80 USD) |
Children's Normal Sneakers ![]() | 1,750 NIO (47.25 USD) | 1,000 TWD (31 USD) |
Children's Winter Coat ![]() | 2,100 NIO (56.70 USD) | 1,500 TWD (46.50 USD) |
Daycare for Infant ![]() | 10,500 NIO (283.50 USD) | 10,000 TWD (310 USD) |
Daycare for Toddler ![]() | 8,400 NIO (226.80 USD) | 8,000 TWD (248 USD) |
Childcare for Sick Days ![]() | 1,400 NIO (37.80 USD) | 800 TWD (24.80 USD) |
Early Childhood Education Programs ![]() | 14,000 NIO (378 USD) | 6,000 TWD (186 USD) |
Extra Curricular Activities ![]() | 3,500 NIO (94.50 USD) | 1,000 TWD (31 USD) |
Summer Camp for Kids ![]() | 14,000 NIO (378 USD) | 3,000 TWD (93 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.54 times more for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
PreSchool Fees ![]() | 17,500 NIO (472.50 USD) | 12,000 TWD (372 USD) |
Primary School Fees ![]() | 35,000 NIO (945 USD) | 20,000 TWD (620 USD) |
Secondary School Fees ![]() | 42,000 NIO (1,134 USD) | 25,000 TWD (775 USD) |
Private School Fees ![]() | 56,000 NIO (1,512 USD) | 50,000 TWD (1,550 USD) |
University Tuition Fees ![]() | 105,000 NIO (2,835 USD) | 120,000 TWD (3,720 USD) |
University Private Tuition Fees ![]() | 140,000 NIO (3,780 USD) | 200,000 TWD (6,200 USD) |
After School Activities ![]() | 3,500 NIO (94.50 USD) | 1,000 TWD (31 USD) |
Special Education Services ![]() | 28,000 NIO (756 USD) | 2,000 TWD (62 USD) |
Tutoring ![]() | 1,750 NIO (47.25 USD) | 800 TWD (24.80 USD) |
Textbooks Cost ![]() | 7,000 NIO (189 USD) | 1,000 TWD (31 USD) |
School Supplies ![]() | 2,100 NIO (56.70 USD) | 500 TWD (15.50 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.13 times less for school and education.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 175 NIO (4.72 USD) | 300 TWD (9.30 USD) |
Theater Ticket (Single) ![]() | 350 NIO (9.45 USD) | 600 TWD (18.60 USD) |
Concert Ticket (Single) ![]() | 525 NIO (14.18 USD) | 800 TWD (24.80 USD) |
Sports Event Ticket (Single) ![]() | 350 NIO (9.45 USD) | 600 TWD (18.60 USD) |
Gym Membership ![]() | 700 NIO (18.90 USD) | 2,000 TWD (62 USD) |
Swimming Pool Access ![]() | 350 NIO (9.45 USD) | 1,500 TWD (46.50 USD) |
Museum Entry Ticket ![]() | 175 NIO (4.72 USD) | 200 TWD (6.20 USD) |
Zoo Entry Ticket ![]() | 350 NIO (9.45 USD) | 300 TWD (9.30 USD) |
Amusement Park Entry Ticket ![]() | 525 NIO (14.18 USD) | 800 TWD (24.80 USD) |
Bowling ![]() | 175 NIO (4.72 USD) | 300 TWD (9.30 USD) |
Mini Golf ![]() | 175 NIO (4.72 USD) | 400 TWD (12.40 USD) |
Video Games ![]() | 1,050 NIO (28.35 USD) | 1,500 TWD (46.50 USD) |
Streaming Services ![]() | 350 NIO (9.45 USD) | 200 TWD (6.20 USD) |
Outdoor Equipment Rental ![]() | 350 NIO (9.45 USD) | 1,000 TWD (31 USD) |
Theme Park Annual Pass ![]() | 7,000 NIO (189 USD) | 5,000 TWD (155 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 1.41 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Language Classes ![]() | 21,000 NIO (567 USD) | 1,000 TWD (31 USD) |
Parenting Classes ![]() | 4,200 NIO (113.40 USD) | 800 TWD (24.80 USD) |
Art Classes ![]() | 525 NIO (14.18 USD) | 600 TWD (18.60 USD) |
Fitness Classes ![]() | 350 NIO (9.45 USD) | 500 TWD (15.50 USD) |
Music Lessons ![]() | 700 NIO (18.90 USD) | 1,000 TWD (31 USD) |
Dance Lessons ![]() | 700 NIO (18.90 USD) | 800 TWD (24.80 USD) |
Reading Materials for Classes ![]() | 175 NIO (4.72 USD) | 300 TWD (9.30 USD) |
Educational Software ![]() | 5,600 NIO (151.20 USD) | 500 TWD (15.50 USD) |
If you lived in Nicaragua, instead of Taiwan, you would have to pay 5.27 times more for Private Classes.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 28,000 NIO (756 USD) | 50,000 TWD (1,550 USD) |
Average Net Monthly Salary ![]() | 21,000 NIO (567 USD) | 35,000 TWD (1,085 USD) |
Minimum Wages ![]() | 350 NIO per hour (9.45 USD) | 933.33 TWD per hour (28.93 USD) |
Average Bonus ![]() | 10,500 NIO (283.50 USD) | 5,000 TWD (155 USD) |
Income Tax Rate ![]() | 0 to 15 % | 0 to 5 % |
Social Security Contributions ![]() | 10 % | 6 % |
Pension Contributions ![]() | 5 % | 5 % |
Cost of Living Index ![]() | 35 | 70 |
Median Household Income ![]() | 70,000 NIO (1,890 USD) | 45,000 TWD (1,395 USD) |
If you lived in Nicaragua, you would earn 1.20 times less salary as compared to Taiwan.
![]() Indicators ![]() | ![]() Nicaragua ![]() | ![]() Taiwan ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 1,050 NIO (28.35 USD) | 2,000 TWD (62 USD) |
Accounting Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 1,800 TWD (55.80 USD) |
IT Support Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 1,500 TWD (46.50 USD) |
Technician Services Per Hour Rate ![]() | 1,400 NIO (37.80 USD) | 1,200 TWD (37.20 USD) |
Professional Services cost 1.42 times less in Nicaragua, as compared to Taiwan.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Taiwan.
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