Published: Monday, 21th October 2024
The cost of living in Nicaragua is 1.31 times more expensive as compared to Trinidad and Tobago.
On this page, you will find side-by-side cost comparison between Nicaragua and Trinidad and Tobago. 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 Trinidad and Tobago.
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 Indicators  | Nicaragua  | Trinidad and Tobago  |
|---|---|---|
1 BHK Apartment in City Center  | 12,500 NIO (337.50 USD) | 3,500 TTD (514.50 USD) |
2 BHK Apartment in City Center  | 17,500 NIO (472.50 USD) | 5,500 TTD (808.50 USD) |
3 BHK Apartment in City Center  | 22,750 NIO (614.25 USD) | 8,000 TTD (1,176 USD) |
1 BHK Apartment outside City Center  | 8,750 NIO (236.25 USD) | 2,500 TTD (367.50 USD) |
2 BHK Apartment outside City Center  | 12,500 NIO (337.50 USD) | 4,000 TTD (588 USD) |
3 BHK Apartment outside City Center  | 15,750 NIO (425.25 USD) | 6,000 TTD (882 USD) |
Mortgage Rates Per Month  | 3 % | 6 % |
Realtor Commission  | 5 % | 3 % |
Property Taxes  | Yet to Update | 0.5 to 3.0 % |
The average housing cost in Nicaragua is 1.74 times less expensive than Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Basic Home Furnishing  | 140,000 NIO (3,780 USD) | 20,000 TTD (2,940 USD) |
Electricity Cost Per Month  | 2,800 NIO (75.60 USD) | 200 TTD (29.40 USD) |
Heating Cost Per Month  | 1,750 NIO (47.25 USD) | 150 TTD (22.05 USD) |
Cooling Cost Per Month  | 2,100 NIO (56.70 USD) | 200 TTD (29.40 USD) |
Water Supply Cost Per Month  | 1,050 NIO (28.35 USD) | 100 TTD (14.70 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 31.37% more for Utilities.
The basic home furnishing in Nicaragua costs 1.29 times more compared to Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Standard Wifi Cost Per Month  | 1,750 NIO (47.25 USD) | 150 TTD (22.05 USD) |
Mobile Phone Basic Plan Cost Per Month  | 1,050 NIO (28.35 USD) | 80 TTD (11.76 USD) |
Landline Basic Plan Cost Per Month  | 525 NIO (14.18 USD) | 50 TTD (7.35 USD) |
Cable TV Basic Plan Cost Per Month  | 700 NIO (18.90 USD) | 200 TTD (29.40 USD) |
The internet and communication costs 54.02% more in Nicaragua compared to Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Long Grain Rice (1 KG)  | 70 NIO (1.89 USD) | 12 TTD (1.76 USD) |
Milk (1 Liter)  | 35 NIO (0.94 USD) | 10 TTD (1.47 USD) |
Water (1 Liter)  | 17.50 NIO (0.47 USD) | 2 TTD (0.29 USD) |
Bread (500 gm)  | 52 NIO (1.40 USD) | 6 TTD (0.88 USD) |
Eggs (1 Dozen)  | 87 NIO (2.35 USD) | 20 TTD (2.94 USD) |
Cheese (1 KG)  | 175 NIO (4.72 USD) | 40 TTD (5.88 USD) |
Chicken Breast (1 KG)  | 245 NIO (6.62 USD) | 35 TTD (5.14 USD) |
In Nicaragua, the cost of 1 Liter Water and 1 Liter Milk is 1.24 times less expensive than the cost in Trinidad and Tobago.
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 0.14% more for Groceries.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Apples (1 KG)  | 87 NIO (2.35 USD) | 15 TTD (2.21 USD) |
Bananas (1 KG)  | 52 NIO (1.40 USD) | 10 TTD (1.47 USD) |
Oranges (1 KG)  | 70 NIO (1.89 USD) | 12 TTD (1.76 USD) |
Tomatoes (1 KG)  | 52 NIO (1.40 USD) | 8 TTD (1.18 USD) |
Potatoes (1 KG)  | 35 NIO (0.94 USD) | 10 TTD (1.47 USD) |
Lemons (1 KG)  | 70 NIO (1.89 USD) | 15 TTD (2.21 USD) |
Onions (1 KG)  | 52 NIO (1.40 USD) | 12 TTD (1.76 USD) |
Lentils (1 KG)  | 87 NIO (2.35 USD) | 15 TTD (2.21 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.05 times less for Fruits and Vegetables.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Meal at a Resonable Restaurant  | 280 NIO (7.56 USD) | 80 TTD (11.76 USD) |
Three-Course Meal for Two  | 700 NIO (18.90 USD) | 300 TTD (44.10 USD) |
Fast Food Combo Meal  | 140 NIO (3.78 USD) | 40 TTD (5.88 USD) |
Normal Coffee  | 70 NIO (1.89 USD) | 15 TTD (2.21 USD) |
Soft Drink  | 35 NIO (0.94 USD) | 8 TTD (1.18 USD) |
Pizza for One  | 280 NIO (7.56 USD) | 60 TTD (8.82 USD) |
Take-Out Delivery Meal  | 280 NIO (7.56 USD) | 50 TTD (7.35 USD) |
Cigarette Pack of 20  | 175 NIO (4.72 USD) | 25 TTD (3.67 USD) |
Dining-Out costs 37.72% less in Nicaragua compared to Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Wine Mid-Range Bottle  | 280 NIO (7.56 USD) | 120 TTD (17.64 USD) |
Glass of Wine  | 175 NIO (4.72 USD) | 30 TTD (4.41 USD) |
Domestic Beer Half Liter  | 52 NIO (1.40 USD) | 15 TTD (2.21 USD) |
Imported Beer Half Liter  | 70 NIO (1.89 USD) | 25 TTD (3.67 USD) |
Domestic Alcohol 1 Liter  | 245 NIO (6.62 USD) | 60 TTD (8.82 USD) |
Branded Alcohol 1 Liter  | 525 NIO (14.18 USD) | 100 TTD (14.70 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.41 times less for usual hard drinks.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Monthly Public Transportation Pass  | 1,050 NIO (28.35 USD) | 300 TTD (44.10 USD) |
Single Public Transportation Ticket  | 35 NIO (0.94 USD) | 5 TTD (0.73 USD) |
Single Train Ticket  | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket  | 4,200 NIO (113.40 USD) | 500 TTD (73.50 USD) |
Taxi Start Fare  | 70 NIO (1.89 USD) | 20 TTD (2.94 USD) |
Taxi Rate Per Kilometer  | 35 NIO (0.94 USD) | 10 TTD (1.47 USD) |
Car Rental Per Day  | 1,050 NIO (28.35 USD) | 200 TTD (29.40 USD) |
Parking Fees in City Center Per Hour  | 35 NIO (0.94 USD) | 20 TTD (2.94 USD) |
Parking Fees outside City Center Per Hour  | 17.50 NIO (0.47 USD) | 10 TTD (1.47 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.12 times more for transportation.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Reasonable Vehicle Purchase Cost  | 525,000 NIO (14,175 USD) | 100,000 TTD (14,700 USD) |
Vehicle Registration Cost  | 14,000 NIO (378 USD) | 200 TTD (29.40 USD) |
Driving License Fees  | 1,400 NIO (37.80 USD) | 200 TTD (29.40 USD) |
Car Insurance Cost  | 1,750 NIO (47.25 USD) | 1,200 TTD (176.40 USD) |
Car Maintenance Cost  | 1,050 NIO (28.35 USD) | 400 TTD (58.80 USD) |
Car Loan Interest Rates  | 10 % | 7 % |
Fuel Per Liter  | 35 NIO (0.94 USD) | 7 TTD (1.03 USD) |
Fuel Per Gallon  | 133 NIO (3.59 USD) | 30 TTD (4.41 USD) |
Average Toll Fees  | Yet to Update | Yet to Update |
You would have to pay 1.02 times less for Vehicle purchase, daily operation and maintenance in Nicaragua compared to that of Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Doctor Visit  | 1,050 NIO (28.35 USD) | 150 TTD (22.05 USD) |
Specialist Visit  | 2,100 NIO (56.70 USD) | 300 TTD (44.10 USD) |
Dentist Visit  | 1,400 NIO (37.80 USD) | 200 TTD (29.40 USD) |
Eye Exam  | 700 NIO (18.90 USD) | 50 TTD (7.35 USD) |
Mental Health Counseling  | 1,400 NIO (37.80 USD) | 200 TTD (29.40 USD) |
Preventive Health Screening  | 700 NIO (18.90 USD) | 50 TTD (7.35 USD) |
Physical Therapy  | 1,050 NIO (28.35 USD) | 150 TTD (22.05 USD) |
Emergency Room Visit  | 10,500 NIO (283.50 USD) | 300 TTD (44.10 USD) |
Hospital Stay Per Night  | 4,200 NIO (113.40 USD) | 800 TTD (117.60 USD) |
Vaccinations  | 525 NIO (14.18 USD) | 20 TTD (2.94 USD) |
Prescription Medication  | 350 NIO (9.45 USD) | 20 TTD (2.94 USD) |
Over the Counter Medication  | 175 NIO (4.72 USD) | 10 TTD (1.47 USD) |
Health Insurance Premiums  | 7,000 NIO (189 USD) | 500 TTD (73.50 USD) |
Health Insurance Deductibles  | 2,100 NIO (56.70 USD) | 1,000 TTD (147 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.63 times more for Health and Medical Treatment.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Cosmetic Procedures  | 2,800 NIO (75.60 USD) | 1,000 TTD (147 USD) |
Spa Treatment  | 1,400 NIO (37.80 USD) | 300 TTD (44.10 USD) |
Manicure Pedicure Cost  | 525 NIO (14.18 USD) | 100 TTD (14.70 USD) |
Optical Glasses Cost  | 1,050 NIO (28.35 USD) | 200 TTD (29.40 USD) |
Contact Lenses Cost  | 700 NIO (18.90 USD) | 100 TTD (14.70 USD) |
Haircuts  | 350 NIO (9.45 USD) | 50 TTD (7.35 USD) |
Hair Coloring  | 700 NIO (18.90 USD) | 150 TTD (22.05 USD) |
Shampoo Price  | 70 NIO (1.89 USD) | 15 TTD (2.21 USD) |
Toothpaste Price  | 35 NIO (0.94 USD) | 5 TTD (0.73 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.37 times less for Personal Care Items and Treatment.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Pair of Nike Running Shoes  | 5,600 NIO (151.20 USD) | 600 TTD (88.20 USD) |
Men's Shirt  | 1,750 NIO (47.25 USD) | 150 TTD (22.05 USD) |
Women's Dress  | 2,800 NIO (75.60 USD) | 200 TTD (29.40 USD) |
Summer Dress  | 2,100 NIO (56.70 USD) | 100 TTD (14.70 USD) |
Men's Suit  | 8,400 NIO (226.80 USD) | 1,000 TTD (147 USD) |
Men's Jeans  | 2,100 NIO (56.70 USD) | 200 TTD (29.40 USD) |
Women's Jeans  | 2,100 NIO (56.70 USD) | 150 TTD (22.05 USD) |
Men's Formal Shoes  | 4,200 NIO (113.40 USD) | 200 TTD (29.40 USD) |
Women's Formal Shoes  | 4,200 NIO (113.40 USD) | 200 TTD (29.40 USD) |
Men's Casual Shoes  | 2,800 NIO (75.60 USD) | 150 TTD (22.05 USD) |
Women's Casual Shoes  | 2,800 NIO (75.60 USD) | 150 TTD (22.05 USD) |
Underwear For Men  | 350 NIO (9.45 USD) | 20 TTD (2.94 USD) |
Underwear For Women  | 490 NIO (13.23 USD) | 20 TTD (2.94 USD) |
Socks For Men  | 140 NIO (3.78 USD) | 10 TTD (1.47 USD) |
Socks For Women  | 140 NIO (3.78 USD) | 10 TTD (1.47 USD) |
Wintercoat for Adults  | 3,500 NIO (94.50 USD) | 200 TTD (29.40 USD) |
Sportswear  | 2,100 NIO (56.70 USD) | 100 TTD (14.70 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 2.42 times more for Clothing and Footwear for Adults.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Children's Jeans  | 1,050 NIO (28.35 USD) | 50 TTD (7.35 USD) |
Children's Normal Sneakers  | 1,750 NIO (47.25 USD) | 75 TTD (11.02 USD) |
Children's Winter Coat  | 2,100 NIO (56.70 USD) | 100 TTD (14.70 USD) |
Daycare for Infant  | 10,500 NIO (283.50 USD) | 1,000 TTD (147 USD) |
Daycare for Toddler  | 8,400 NIO (226.80 USD) | 800 TTD (117.60 USD) |
Childcare for Sick Days  | 1,400 NIO (37.80 USD) | 200 TTD (29.40 USD) |
Early Childhood Education Programs  | 14,000 NIO (378 USD) | 800 TTD (117.60 USD) |
Extra Curricular Activities  | 3,500 NIO (94.50 USD) | 400 TTD (58.80 USD) |
Summer Camp for Kids  | 14,000 NIO (378 USD) | 500 TTD (73.50 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 2.65 times more for Childcare and kids clothing.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
PreSchool Fees  | 17,500 NIO (472.50 USD) | 1,200 TTD (176.40 USD) |
Primary School Fees  | 35,000 NIO (945 USD) | 1,500 TTD (220.50 USD) |
Secondary School Fees  | 42,000 NIO (1,134 USD) | 2,000 TTD (294 USD) |
Private School Fees  | 56,000 NIO (1,512 USD) | 3,000 TTD (441 USD) |
University Tuition Fees  | 105,000 NIO (2,835 USD) | 6,000 TTD (882 USD) |
University Private Tuition Fees  | 140,000 NIO (3,780 USD) | 10,000 TTD (1,470 USD) |
After School Activities  | 3,500 NIO (94.50 USD) | 400 TTD (58.80 USD) |
Special Education Services  | 28,000 NIO (756 USD) | 500 TTD (73.50 USD) |
Tutoring  | 1,750 NIO (47.25 USD) | 300 TTD (44.10 USD) |
Textbooks Cost  | 7,000 NIO (189 USD) | 150 TTD (22.05 USD) |
School Supplies  | 2,100 NIO (56.70 USD) | 100 TTD (14.70 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 3.20 times more for school and education.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Movie Ticket (Single)  | 175 NIO (4.72 USD) | 40 TTD (5.88 USD) |
Theater Ticket (Single)  | 350 NIO (9.45 USD) | 80 TTD (11.76 USD) |
Concert Ticket (Single)  | 525 NIO (14.18 USD) | 100 TTD (14.70 USD) |
Sports Event Ticket (Single)  | 350 NIO (9.45 USD) | 60 TTD (8.82 USD) |
Gym Membership  | 700 NIO (18.90 USD) | 200 TTD (29.40 USD) |
Swimming Pool Access  | 350 NIO (9.45 USD) | 100 TTD (14.70 USD) |
Museum Entry Ticket  | 175 NIO (4.72 USD) | 20 TTD (2.94 USD) |
Zoo Entry Ticket  | 350 NIO (9.45 USD) | 30 TTD (4.41 USD) |
Amusement Park Entry Ticket  | 525 NIO (14.18 USD) | 60 TTD (8.82 USD) |
Bowling  | 175 NIO (4.72 USD) | 50 TTD (7.35 USD) |
Mini Golf  | 175 NIO (4.72 USD) | 60 TTD (8.82 USD) |
Video Games  | 1,050 NIO (28.35 USD) | 200 TTD (29.40 USD) |
Streaming Services  | 350 NIO (9.45 USD) | 50 TTD (7.35 USD) |
Outdoor Equipment Rental  | 350 NIO (9.45 USD) | 100 TTD (14.70 USD) |
Theme Park Annual Pass  | 7,000 NIO (189 USD) | 1,000 TTD (147 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 1.08 times more for entertainment, recreation and fun activities.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Language Classes  | 21,000 NIO (567 USD) | 300 TTD (44.10 USD) |
Parenting Classes  | 4,200 NIO (113.40 USD) | 300 TTD (44.10 USD) |
Art Classes  | 525 NIO (14.18 USD) | 100 TTD (14.70 USD) |
Fitness Classes  | 350 NIO (9.45 USD) | 100 TTD (14.70 USD) |
Music Lessons  | 700 NIO (18.90 USD) | 200 TTD (29.40 USD) |
Dance Lessons  | 700 NIO (18.90 USD) | 150 TTD (22.05 USD) |
Reading Materials for Classes  | 175 NIO (4.72 USD) | 20 TTD (2.94 USD) |
Educational Software  | 5,600 NIO (151.20 USD) | 200 TTD (29.40 USD) |
If you lived in Nicaragua, instead of Trinidad and Tobago, you would have to pay 4.46 times more for Private Classes.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Average Gross Monthly Salary  | 28,000 NIO (756 USD) | 8,000 TTD (1,176 USD) |
Average Net Monthly Salary  | 21,000 NIO (567 USD) | 6,000 TTD (882 USD) |
Minimum Wages  | 350 NIO per hour (9.45 USD) | 83.33 TTD per hour (12.25 USD) |
Average Bonus  | 10,500 NIO (283.50 USD) | 500 TTD (73.50 USD) |
Income Tax Rate  | 0 to 15 % | 0 to 12.5 % |
Social Security Contributions  | 10 % | 12 % |
Pension Contributions  | 5 % | 7 % |
Cost of Living Index  | 35 | 55 |
Median Household Income  | 70,000 NIO (1,890 USD) | 5,000 TTD (735 USD) |
If you lived in Nicaragua, you would earn 1.22 times more salary as compared to Trinidad and Tobago.
Indicators | Nicaragua | Trinidad and Tobago |
|---|---|---|
Legal Consultation Per Hour Rate  | 1,050 NIO (28.35 USD) | 300 TTD (44.10 USD) |
Accounting Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 200 TTD (29.40 USD) |
IT Support Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 150 TTD (22.05 USD) |
Technician Services Per Hour Rate  | 1,400 NIO (37.80 USD) | 100 TTD (14.70 USD) |
Professional Services cost 1.29 times more in Nicaragua, as compared to Trinidad and Tobago.
We hope you enjoyed the detailed guide on the cost of living comparsion between Nicaragua and Trinidad and Tobago.
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