Published: Monday, 21th October 2024
The cost of living in Solomon Islands is 1.61 times less expensive as compared to Nicaragua.
On this page, you will find side-by-side cost comparison between Solomon Islands and Nicaragua. 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 Solomon Islands and Nicaragua.
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Indicators | Solomon Islands | Nicaragua |
---|---|---|
1 BHK Apartment in City Center | 3,500 SBD (420 USD) | 12,500 NIO (337.50 USD) |
2 BHK Apartment in City Center | 5,000 SBD (600 USD) | 17,500 NIO (472.50 USD) |
3 BHK Apartment in City Center | 7,500 SBD (900 USD) | 22,750 NIO (614.25 USD) |
1 BHK Apartment outside City Center | 2,500 SBD (300 USD) | 8,750 NIO (236.25 USD) |
2 BHK Apartment outside City Center | 3,500 SBD (420 USD) | 12,500 NIO (337.50 USD) |
3 BHK Apartment outside City Center | 5,000 SBD (600 USD) | 15,750 NIO (425.25 USD) |
Mortgage Rates Per Month | 5 % | 3 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Solomon Islands is 1.32 times more expensive than Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Basic Home Furnishing | 12,000 SBD (1,440 USD) | 140,000 NIO (3,780 USD) |
Electricity Cost Per Month | 350 SBD (42 USD) | 2,800 NIO (75.60 USD) |
Heating Cost Per Month | 200 SBD (24 USD) | 1,750 NIO (47.25 USD) |
Cooling Cost Per Month | 150 SBD (18 USD) | 2,100 NIO (56.70 USD) |
Water Supply Cost Per Month | 100 SBD (12 USD) | 1,050 NIO (28.35 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 61.48% less for Utilities.
The basic home furnishing in Solomon Islands costs 2.63 times less compared to Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Standard Wifi Cost Per Month | 150 SBD (18 USD) | 1,750 NIO (47.25 USD) |
Mobile Phone Basic Plan Cost Per Month | 150 SBD (18 USD) | 1,050 NIO (28.35 USD) |
Landline Basic Plan Cost Per Month | 100 SBD (12 USD) | 525 NIO (14.18 USD) |
Cable TV Basic Plan Cost Per Month | 200 SBD (24 USD) | 700 NIO (18.90 USD) |
The internet and communication costs 33.75% less in Solomon Islands compared to Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Long Grain Rice (1 KG) | 18 SBD (2.16 USD) | 70 NIO (1.89 USD) |
Milk (1 Liter) | 14 SBD (1.68 USD) | 35 NIO (0.94 USD) |
Water (1 Liter) | 4 SBD (0.48 USD) | 17.50 NIO (0.47 USD) |
Bread (500 gm) | 12 SBD (1.44 USD) | 52 NIO (1.40 USD) |
Eggs (1 Dozen) | 35 SBD (4.20 USD) | 87 NIO (2.35 USD) |
Cheese (1 KG) | 55 SBD (6.60 USD) | 175 NIO (4.72 USD) |
Chicken Breast (1 KG) | 50 SBD (6 USD) | 245 NIO (6.62 USD) |
In Solomon Islands, the cost of 1 Liter Water and 1 Liter Milk is 1.52 times more expensive than the cost in Nicaragua.
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 22.61% more for Groceries.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Apples (1 KG) | 20 SBD (2.40 USD) | 87 NIO (2.35 USD) |
Bananas (1 KG) | 12 SBD (1.44 USD) | 52 NIO (1.40 USD) |
Oranges (1 KG) | 22 SBD (2.64 USD) | 70 NIO (1.89 USD) |
Tomatoes (1 KG) | 18 SBD (2.16 USD) | 52 NIO (1.40 USD) |
Potatoes (1 KG) | 15 SBD (1.80 USD) | 35 NIO (0.94 USD) |
Lemons (1 KG) | 25 SBD (3 USD) | 70 NIO (1.89 USD) |
Onions (1 KG) | 20 SBD (2.40 USD) | 52 NIO (1.40 USD) |
Lentils (1 KG) | 20 SBD (2.40 USD) | 87 NIO (2.35 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.34 times more for Fruits and Vegetables.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Meal at a Resonable Restaurant | 150 SBD (18 USD) | 280 NIO (7.56 USD) |
Three-Course Meal for Two | 500 SBD (60 USD) | 700 NIO (18.90 USD) |
Fast Food Combo Meal | 120 SBD (14.40 USD) | 140 NIO (3.78 USD) |
Normal Coffee | 30 SBD (3.60 USD) | 70 NIO (1.89 USD) |
Soft Drink | 15 SBD (1.80 USD) | 35 NIO (0.94 USD) |
Pizza for One | 150 SBD (18 USD) | 280 NIO (7.56 USD) |
Take-Out Delivery Meal | 120 SBD (14.40 USD) | 280 NIO (7.56 USD) |
Cigarette Pack of 20 | 40 SBD (4.80 USD) | 175 NIO (4.72 USD) |
Dining-Out costs 155.10% more in Solomon Islands compared to Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Wine Mid-Range Bottle | 200 SBD (24 USD) | 280 NIO (7.56 USD) |
Glass of Wine | 40 SBD (4.80 USD) | 175 NIO (4.72 USD) |
Domestic Beer Half Liter | 15 SBD (1.80 USD) | 52 NIO (1.40 USD) |
Imported Beer Half Liter | 25 SBD (3 USD) | 70 NIO (1.89 USD) |
Domestic Alcohol 1 Liter | 70 SBD (8.40 USD) | 245 NIO (6.62 USD) |
Branded Alcohol 1 Liter | 130 SBD (15.60 USD) | 525 NIO (14.18 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.58 times more for usual hard drinks.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Monthly Public Transportation Pass | 200 SBD (24 USD) | 1,050 NIO (28.35 USD) |
Single Public Transportation Ticket | 15 SBD (1.80 USD) | 35 NIO (0.94 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 1,000 SBD (120 USD) | 4,200 NIO (113.40 USD) |
Taxi Start Fare | 30 SBD (3.60 USD) | 70 NIO (1.89 USD) |
Taxi Rate Per Kilometer | 10 SBD (1.20 USD) | 35 NIO (0.94 USD) |
Car Rental Per Day | 400 SBD (48 USD) | 1,050 NIO (28.35 USD) |
Parking Fees in City Center Per Hour | 50 SBD (6 USD) | 35 NIO (0.94 USD) |
Parking Fees outside City Center Per Hour | 20 SBD (2.40 USD) | 17.50 NIO (0.47 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.18 times more for transportation.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Reasonable Vehicle Purchase Cost | 90,000 SBD (10,800 USD) | 525,000 NIO (14,175 USD) |
Vehicle Registration Cost | 200 SBD (24 USD) | 14,000 NIO (378 USD) |
Driving License Fees | 150 SBD (18 USD) | 1,400 NIO (37.80 USD) |
Car Insurance Cost | 600 SBD (72 USD) | 1,750 NIO (47.25 USD) |
Car Maintenance Cost | 400 SBD (48 USD) | 1,050 NIO (28.35 USD) |
Car Loan Interest Rates | 7 % | 10 % |
Fuel Per Liter | 10 SBD (1.20 USD) | 35 NIO (0.94 USD) |
Fuel Per Gallon | 38 SBD (4.56 USD) | 133 NIO (3.59 USD) |
Average Toll Fees | 100 SBD 12 USD | Yet to Update |
You would have to pay 1.34 times less for Vehicle purchase, daily operation and maintenance in Solomon Islands compared to that of Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Doctor Visit | 200 SBD (24 USD) | 1,050 NIO (28.35 USD) |
Specialist Visit | 350 SBD (42 USD) | 2,100 NIO (56.70 USD) |
Dentist Visit | 250 SBD (30 USD) | 1,400 NIO (37.80 USD) |
Eye Exam | 150 SBD (18 USD) | 700 NIO (18.90 USD) |
Mental Health Counseling | 350 SBD (42 USD) | 1,400 NIO (37.80 USD) |
Preventive Health Screening | 200 SBD (24 USD) | 700 NIO (18.90 USD) |
Physical Therapy | 300 SBD (36 USD) | 1,050 NIO (28.35 USD) |
Emergency Room Visit | 800 SBD (96 USD) | 10,500 NIO (283.50 USD) |
Hospital Stay Per Night | 1,500 SBD (180 USD) | 4,200 NIO (113.40 USD) |
Vaccinations | 100 SBD (12 USD) | 525 NIO (14.18 USD) |
Prescription Medication | 80 SBD (9.60 USD) | 350 NIO (9.45 USD) |
Over the Counter Medication | 30 SBD (3.60 USD) | 175 NIO (4.72 USD) |
Health Insurance Premiums | 500 SBD (60 USD) | 7,000 NIO (189 USD) |
Health Insurance Deductibles | 1,000 SBD (120 USD) | 2,100 NIO (56.70 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.29 times less for Health and Medical Treatment.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Cosmetic Procedures | 1,500 SBD (180 USD) | 2,800 NIO (75.60 USD) |
Spa Treatment | 500 SBD (60 USD) | 1,400 NIO (37.80 USD) |
Manicure Pedicure Cost | 100 SBD (12 USD) | 525 NIO (14.18 USD) |
Optical Glasses Cost | 300 SBD (36 USD) | 1,050 NIO (28.35 USD) |
Contact Lenses Cost | 150 SBD (18 USD) | 700 NIO (18.90 USD) |
Haircuts | 80 SBD (9.60 USD) | 350 NIO (9.45 USD) |
Hair Coloring | 200 SBD (24 USD) | 700 NIO (18.90 USD) |
Shampoo Price | 30 SBD (3.60 USD) | 70 NIO (1.89 USD) |
Toothpaste Price | 20 SBD (2.40 USD) | 35 NIO (0.94 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.68 times more for Personal Care Items and Treatment.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Pair of Nike Running Shoes | 750 SBD (90 USD) | 5,600 NIO (151.20 USD) |
Men's Shirt | 250 SBD (30 USD) | 1,750 NIO (47.25 USD) |
Women's Dress | 400 SBD (48 USD) | 2,800 NIO (75.60 USD) |
Summer Dress | 300 SBD (36 USD) | 2,100 NIO (56.70 USD) |
Men's Suit | 1,200 SBD (144 USD) | 8,400 NIO (226.80 USD) |
Men's Jeans | 400 SBD (48 USD) | 2,100 NIO (56.70 USD) |
Women's Jeans | 400 SBD (48 USD) | 2,100 NIO (56.70 USD) |
Men's Formal Shoes | 800 SBD (96 USD) | 4,200 NIO (113.40 USD) |
Women's Formal Shoes | 700 SBD (84 USD) | 4,200 NIO (113.40 USD) |
Men's Casual Shoes | 500 SBD (60 USD) | 2,800 NIO (75.60 USD) |
Women's Casual Shoes | 500 SBD (60 USD) | 2,800 NIO (75.60 USD) |
Underwear For Men | 60 SBD (7.20 USD) | 350 NIO (9.45 USD) |
Underwear For Women | 60 SBD (7.20 USD) | 490 NIO (13.23 USD) |
Socks For Men | 20 SBD (2.40 USD) | 140 NIO (3.78 USD) |
Socks For Women | 20 SBD (2.40 USD) | 140 NIO (3.78 USD) |
Wintercoat for Adults | 800 SBD (96 USD) | 3,500 NIO (94.50 USD) |
Sportswear | 300 SBD (36 USD) | 2,100 NIO (56.70 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.37 times less for Clothing and Footwear for Adults.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Children's Jeans | 200 SBD (24 USD) | 1,050 NIO (28.35 USD) |
Children's Normal Sneakers | 250 SBD (30 USD) | 1,750 NIO (47.25 USD) |
Children's Winter Coat | 300 SBD (36 USD) | 2,100 NIO (56.70 USD) |
Daycare for Infant | 1,200 SBD (144 USD) | 10,500 NIO (283.50 USD) |
Daycare for Toddler | 1,000 SBD (120 USD) | 8,400 NIO (226.80 USD) |
Childcare for Sick Days | 150 SBD (18 USD) | 1,400 NIO (37.80 USD) |
Early Childhood Education Programs | 600 SBD (72 USD) | 14,000 NIO (378 USD) |
Extra Curricular Activities | 200 SBD (24 USD) | 3,500 NIO (94.50 USD) |
Summer Camp for Kids | 500 SBD (60 USD) | 14,000 NIO (378 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 2.90 times less for Childcare and kids clothing.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
PreSchool Fees | 1,500 SBD (180 USD) | 17,500 NIO (472.50 USD) |
Primary School Fees | 2,000 SBD (240 USD) | 35,000 NIO (945 USD) |
Secondary School Fees | 2,500 SBD (300 USD) | 42,000 NIO (1,134 USD) |
Private School Fees | 4,000 SBD (480 USD) | 56,000 NIO (1,512 USD) |
University Tuition Fees | 10,000 SBD (1,200 USD) | 105,000 NIO (2,835 USD) |
University Private Tuition Fees | 15,000 SBD (1,800 USD) | 140,000 NIO (3,780 USD) |
After School Activities | 300 SBD (36 USD) | 3,500 NIO (94.50 USD) |
Special Education Services | 400 SBD (48 USD) | 28,000 NIO (756 USD) |
Tutoring | 200 SBD (24 USD) | 1,750 NIO (47.25 USD) |
Textbooks Cost | 150 SBD (18 USD) | 7,000 NIO (189 USD) |
School Supplies | 100 SBD (12 USD) | 2,100 NIO (56.70 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 2.73 times less for school and education.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Movie Ticket (Single) | 120 SBD (14.40 USD) | 175 NIO (4.72 USD) |
Theater Ticket (Single) | 200 SBD (24 USD) | 350 NIO (9.45 USD) |
Concert Ticket (Single) | 350 SBD (42 USD) | 525 NIO (14.18 USD) |
Sports Event Ticket (Single) | 250 SBD (30 USD) | 350 NIO (9.45 USD) |
Gym Membership | 400 SBD (48 USD) | 700 NIO (18.90 USD) |
Swimming Pool Access | 80 SBD (9.60 USD) | 350 NIO (9.45 USD) |
Museum Entry Ticket | 50 SBD (6 USD) | 175 NIO (4.72 USD) |
Zoo Entry Ticket | 80 SBD (9.60 USD) | 350 NIO (9.45 USD) |
Amusement Park Entry Ticket | 150 SBD (18 USD) | 525 NIO (14.18 USD) |
Bowling | 80 SBD (9.60 USD) | 175 NIO (4.72 USD) |
Mini Golf | 50 SBD (6 USD) | 175 NIO (4.72 USD) |
Video Games | 300 SBD (36 USD) | 1,050 NIO (28.35 USD) |
Streaming Services | 60 SBD (7.20 USD) | 350 NIO (9.45 USD) |
Outdoor Equipment Rental | 150 SBD (18 USD) | 350 NIO (9.45 USD) |
Theme Park Annual Pass | 600 SBD (72 USD) | 7,000 NIO (189 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 1.03 times more for entertainment, recreation and fun activities.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Language Classes | 300 SBD (36 USD) | 21,000 NIO (567 USD) |
Parenting Classes | 150 SBD (18 USD) | 4,200 NIO (113.40 USD) |
Art Classes | 80 SBD (9.60 USD) | 525 NIO (14.18 USD) |
Fitness Classes | 60 SBD (7.20 USD) | 350 NIO (9.45 USD) |
Music Lessons | 100 SBD (12 USD) | 700 NIO (18.90 USD) |
Dance Lessons | 120 SBD (14.40 USD) | 700 NIO (18.90 USD) |
Reading Materials for Classes | 30 SBD (3.60 USD) | 175 NIO (4.72 USD) |
Educational Software | 80 SBD (9.60 USD) | 5,600 NIO (151.20 USD) |
If you lived in Solomon Islands, instead of Nicaragua, you would have to pay 8.13 times less for Private Classes.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Average Gross Monthly Salary | 7,000 SBD (840 USD) | 28,000 NIO (756 USD) |
Average Net Monthly Salary | 5,500 SBD (660 USD) | 21,000 NIO (567 USD) |
Minimum Wages | 83.33 SBD per hour (10 USD) | 350 NIO per hour (9.45 USD) |
Average Bonus | 1,000 SBD (120 USD) | 10,500 NIO (283.50 USD) |
Income Tax Rate | 0 to 10 % | 0 to 15 % |
Social Security Contributions | 8 % | 10 % |
Pension Contributions | 5 % | 5 % |
Cost of Living Index | 45 | 35 |
Median Household Income | 6,000 SBD (720 USD) | 70,000 NIO (1,890 USD) |
If you lived in Solomon Islands, you would earn 1.49 times less salary as compared to Nicaragua.
Indicators | Solomon Islands | Nicaragua |
---|---|---|
Legal Consultation Per Hour Rate | 150 SBD (18 USD) | 1,050 NIO (28.35 USD) |
Accounting Services Per Hour Rate | 100 SBD (12 USD) | 1,400 NIO (37.80 USD) |
IT Support Services Per Hour Rate | 80 SBD (9.60 USD) | 1,400 NIO (37.80 USD) |
Technician Services Per Hour Rate | 70 SBD (8.40 USD) | 1,400 NIO (37.80 USD) |
Professional Services cost 2.95 times less in Solomon Islands, as compared to Nicaragua.
We hope you enjoyed the detailed guide on the cost of living comparsion between Solomon Islands and Nicaragua.
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