Published: Monday, 21th October 2024
The cost of living in Somalia is 2.26 times less expensive as compared to Nicaragua.
On this page, you will find side-by-side cost comparison between Somalia 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 Somalia and Nicaragua.
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Indicators | Somalia | Nicaragua |
---|---|---|
1 BHK Apartment in City Center | 100,000 SOS (180 USD) | 12,500 NIO (337.50 USD) |
2 BHK Apartment in City Center | 150,000 SOS (270 USD) | 17,500 NIO (472.50 USD) |
3 BHK Apartment in City Center | 200,000 SOS (360 USD) | 22,750 NIO (614.25 USD) |
1 BHK Apartment outside City Center | 70,000 SOS (126 USD) | 8,750 NIO (236.25 USD) |
2 BHK Apartment outside City Center | 100,000 SOS (180 USD) | 12,500 NIO (337.50 USD) |
3 BHK Apartment outside City Center | 140,000 SOS (252 USD) | 15,750 NIO (425.25 USD) |
Mortgage Rates Per Month | 6 % | 3 % |
Realtor Commission | 2 % | 5 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Somalia is 1.79 times less expensive than Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Basic Home Furnishing | 500,000 SOS (900 USD) | 140,000 NIO (3,780 USD) |
Electricity Cost Per Month | 20,000 SOS (36 USD) | 2,800 NIO (75.60 USD) |
Heating Cost Per Month | 15,000 SOS (27 USD) | 1,750 NIO (47.25 USD) |
Cooling Cost Per Month | 10,000 SOS (18 USD) | 2,100 NIO (56.70 USD) |
Water Supply Cost Per Month | 5,000 SOS (9 USD) | 1,050 NIO (28.35 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 75.17% less for Utilities.
The basic home furnishing in Somalia costs 4.20 times less compared to Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Standard Wifi Cost Per Month | 8,000 SOS (14.40 USD) | 1,750 NIO (47.25 USD) |
Mobile Phone Basic Plan Cost Per Month | 10,000 SOS (18 USD) | 1,050 NIO (28.35 USD) |
Landline Basic Plan Cost Per Month | 7,000 SOS (12.60 USD) | 525 NIO (14.18 USD) |
Cable TV Basic Plan Cost Per Month | 15,000 SOS (27 USD) | 700 NIO (18.90 USD) |
The internet and communication costs 33.75% less in Somalia compared to Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Long Grain Rice (1 KG) | 80 SOS (0.14 USD) | 70 NIO (1.89 USD) |
Milk (1 Liter) | 90 SOS (0.16 USD) | 35 NIO (0.94 USD) |
Water (1 Liter) | 10 SOS (0.02 USD) | 17.50 NIO (0.47 USD) |
Bread (500 gm) | 50 SOS (0.09 USD) | 52 NIO (1.40 USD) |
Eggs (1 Dozen) | 120 SOS (0.22 USD) | 87 NIO (2.35 USD) |
Cheese (1 KG) | 150 SOS (0.27 USD) | 175 NIO (4.72 USD) |
Chicken Breast (1 KG) | 120 SOS (0.22 USD) | 245 NIO (6.62 USD) |
In Somalia, the cost of 1 Liter Water and 1 Liter Milk is 7.88 times less expensive than the cost in Nicaragua.
If you lived in Somalia, instead of Nicaragua, you would have to pay 93.93% less for Groceries.
Indicators | Somalia | Nicaragua |
---|---|---|
Apples (1 KG) | 70 SOS (0.13 USD) | 87 NIO (2.35 USD) |
Bananas (1 KG) | 50 SOS (0.09 USD) | 52 NIO (1.40 USD) |
Oranges (1 KG) | 80 SOS (0.14 USD) | 70 NIO (1.89 USD) |
Tomatoes (1 KG) | 60 SOS (0.11 USD) | 52 NIO (1.40 USD) |
Potatoes (1 KG) | 50 SOS (0.09 USD) | 35 NIO (0.94 USD) |
Lemons (1 KG) | 90 SOS (0.16 USD) | 70 NIO (1.89 USD) |
Onions (1 KG) | 70 SOS (0.13 USD) | 52 NIO (1.40 USD) |
Lentils (1 KG) | 80 SOS (0.14 USD) | 87 NIO (2.35 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 13.77 times less for Fruits and Vegetables.
Indicators | Somalia | Nicaragua |
---|---|---|
Meal at a Resonable Restaurant | 30,000 SOS (54 USD) | 280 NIO (7.56 USD) |
Three-Course Meal for Two | 100,000 SOS (180 USD) | 700 NIO (18.90 USD) |
Fast Food Combo Meal | 25,000 SOS (45 USD) | 140 NIO (3.78 USD) |
Normal Coffee | 5,000 SOS (9 USD) | 70 NIO (1.89 USD) |
Soft Drink | 3,000 SOS (5.40 USD) | 35 NIO (0.94 USD) |
Pizza for One | 30,000 SOS (54 USD) | 280 NIO (7.56 USD) |
Take-Out Delivery Meal | 25,000 SOS (45 USD) | 280 NIO (7.56 USD) |
Cigarette Pack of 20 | 100 SOS (0.18 USD) | 175 NIO (4.72 USD) |
Dining-Out costs 641.84% more in Somalia compared to Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Wine Mid-Range Bottle | 800 SOS (1.44 USD) | 280 NIO (7.56 USD) |
Glass of Wine | 60,000 SOS (108 USD) | 175 NIO (4.72 USD) |
Domestic Beer Half Liter | 50 SOS (0.09 USD) | 52 NIO (1.40 USD) |
Imported Beer Half Liter | 80 SOS (0.14 USD) | 70 NIO (1.89 USD) |
Domestic Alcohol 1 Liter | 300 SOS (0.54 USD) | 245 NIO (6.62 USD) |
Branded Alcohol 1 Liter | 500 SOS (0.90 USD) | 525 NIO (14.18 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 3.06 times more for usual hard drinks.
Indicators | Somalia | Nicaragua |
---|---|---|
Monthly Public Transportation Pass | 10,000 SOS (18 USD) | 1,050 NIO (28.35 USD) |
Single Public Transportation Ticket | 2,000 SOS (3.60 USD) | 35 NIO (0.94 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 200,000 SOS (360 USD) | 4,200 NIO (113.40 USD) |
Taxi Start Fare | 5,000 SOS (9 USD) | 70 NIO (1.89 USD) |
Taxi Rate Per Kilometer | 1,500 SOS (2.70 USD) | 35 NIO (0.94 USD) |
Car Rental Per Day | 60,000 SOS (108 USD) | 1,050 NIO (28.35 USD) |
Parking Fees in City Center Per Hour | 5,000 SOS (9 USD) | 35 NIO (0.94 USD) |
Parking Fees outside City Center Per Hour | 2,000 SOS (3.60 USD) | 17.50 NIO (0.47 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 2.93 times more for transportation.
Indicators | Somalia | Nicaragua |
---|---|---|
Reasonable Vehicle Purchase Cost | 3,000,000 SOS (5,400 USD) | 525,000 NIO (14,175 USD) |
Vehicle Registration Cost | 50,000 SOS (90 USD) | 14,000 NIO (378 USD) |
Driving License Fees | 10,000 SOS (18 USD) | 1,400 NIO (37.80 USD) |
Car Insurance Cost | 150,000 SOS (270 USD) | 1,750 NIO (47.25 USD) |
Car Maintenance Cost | 100,000 SOS (180 USD) | 1,050 NIO (28.35 USD) |
Car Loan Interest Rates | 7 % | 10 % |
Fuel Per Liter | 5,000 SOS (9 USD) | 35 NIO (0.94 USD) |
Fuel Per Gallon | 20,000 SOS (36 USD) | 133 NIO (3.59 USD) |
Average Toll Fees | 10,000 SOS 18 USD | Yet to Update |
You would have to pay 2.44 times less for Vehicle purchase, daily operation and maintenance in Somalia compared to that of Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Doctor Visit | 20,000 SOS (36 USD) | 1,050 NIO (28.35 USD) |
Specialist Visit | 40,000 SOS (72 USD) | 2,100 NIO (56.70 USD) |
Dentist Visit | 25,000 SOS (45 USD) | 1,400 NIO (37.80 USD) |
Eye Exam | 10,000 SOS (18 USD) | 700 NIO (18.90 USD) |
Mental Health Counseling | 40,000 SOS (72 USD) | 1,400 NIO (37.80 USD) |
Preventive Health Screening | 20,000 SOS (36 USD) | 700 NIO (18.90 USD) |
Physical Therapy | 30,000 SOS (54 USD) | 1,050 NIO (28.35 USD) |
Emergency Room Visit | 50,000 SOS (90 USD) | 10,500 NIO (283.50 USD) |
Hospital Stay Per Night | 100,000 SOS (180 USD) | 4,200 NIO (113.40 USD) |
Vaccinations | 10,000 SOS (18 USD) | 525 NIO (14.18 USD) |
Prescription Medication | 15,000 SOS (27 USD) | 350 NIO (9.45 USD) |
Over the Counter Medication | 5,000 SOS (9 USD) | 175 NIO (4.72 USD) |
Health Insurance Premiums | 100,000 SOS (180 USD) | 7,000 NIO (189 USD) |
Health Insurance Deductibles | 200,000 SOS (360 USD) | 2,100 NIO (56.70 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 1.33 times more for Health and Medical Treatment.
Indicators | Somalia | Nicaragua |
---|---|---|
Cosmetic Procedures | 150,000 SOS (270 USD) | 2,800 NIO (75.60 USD) |
Spa Treatment | 50,000 SOS (90 USD) | 1,400 NIO (37.80 USD) |
Manicure Pedicure Cost | 10,000 SOS (18 USD) | 525 NIO (14.18 USD) |
Optical Glasses Cost | 30,000 SOS (54 USD) | 1,050 NIO (28.35 USD) |
Contact Lenses Cost | 15,000 SOS (27 USD) | 700 NIO (18.90 USD) |
Haircuts | 10,000 SOS (18 USD) | 350 NIO (9.45 USD) |
Hair Coloring | 20,000 SOS (36 USD) | 700 NIO (18.90 USD) |
Shampoo Price | 5,000 SOS (9 USD) | 70 NIO (1.89 USD) |
Toothpaste Price | 2,000 SOS (3.60 USD) | 35 NIO (0.94 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 2.55 times more for Personal Care Items and Treatment.
Indicators | Somalia | Nicaragua |
---|---|---|
Pair of Nike Running Shoes | 250,000 SOS (450 USD) | 5,600 NIO (151.20 USD) |
Men's Shirt | 50,000 SOS (90 USD) | 1,750 NIO (47.25 USD) |
Women's Dress | 80,000 SOS (144 USD) | 2,800 NIO (75.60 USD) |
Summer Dress | 60,000 SOS (108 USD) | 2,100 NIO (56.70 USD) |
Men's Suit | 200,000 SOS (360 USD) | 8,400 NIO (226.80 USD) |
Men's Jeans | 80,000 SOS (144 USD) | 2,100 NIO (56.70 USD) |
Women's Jeans | 80,000 SOS (144 USD) | 2,100 NIO (56.70 USD) |
Men's Formal Shoes | 100,000 SOS (180 USD) | 4,200 NIO (113.40 USD) |
Women's Formal Shoes | 100,000 SOS (180 USD) | 4,200 NIO (113.40 USD) |
Men's Casual Shoes | 70,000 SOS (126 USD) | 2,800 NIO (75.60 USD) |
Women's Casual Shoes | 70,000 SOS (126 USD) | 2,800 NIO (75.60 USD) |
Underwear For Men | 10,000 SOS (18 USD) | 350 NIO (9.45 USD) |
Underwear For Women | 10,000 SOS (18 USD) | 490 NIO (13.23 USD) |
Socks For Men | 5,000 SOS (9 USD) | 140 NIO (3.78 USD) |
Socks For Women | 5,000 SOS (9 USD) | 140 NIO (3.78 USD) |
Wintercoat for Adults | 120,000 SOS (216 USD) | 3,500 NIO (94.50 USD) |
Sportswear | 70,000 SOS (126 USD) | 2,100 NIO (56.70 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 1.99 times more for Clothing and Footwear for Adults.
Indicators | Somalia | Nicaragua |
---|---|---|
Children's Jeans | 30,000 SOS (54 USD) | 1,050 NIO (28.35 USD) |
Children's Normal Sneakers | 40,000 SOS (72 USD) | 1,750 NIO (47.25 USD) |
Children's Winter Coat | 50,000 SOS (90 USD) | 2,100 NIO (56.70 USD) |
Daycare for Infant | 30,000 SOS (54 USD) | 10,500 NIO (283.50 USD) |
Daycare for Toddler | 40,000 SOS (72 USD) | 8,400 NIO (226.80 USD) |
Childcare for Sick Days | 5,000 SOS (9 USD) | 1,400 NIO (37.80 USD) |
Early Childhood Education Programs | 40,000 SOS (72 USD) | 14,000 NIO (378 USD) |
Extra Curricular Activities | 10,000 SOS (18 USD) | 3,500 NIO (94.50 USD) |
Summer Camp for Kids | 30,000 SOS (54 USD) | 14,000 NIO (378 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 3.09 times less for Childcare and kids clothing.
Indicators | Somalia | Nicaragua |
---|---|---|
PreSchool Fees | 50,000 SOS (90 USD) | 17,500 NIO (472.50 USD) |
Primary School Fees | 80,000 SOS (144 USD) | 35,000 NIO (945 USD) |
Secondary School Fees | 100,000 SOS (180 USD) | 42,000 NIO (1,134 USD) |
Private School Fees | 200,000 SOS (360 USD) | 56,000 NIO (1,512 USD) |
University Tuition Fees | 500,000 SOS (900 USD) | 105,000 NIO (2,835 USD) |
University Private Tuition Fees | 800,000 SOS (1,440 USD) | 140,000 NIO (3,780 USD) |
After School Activities | 10,000 SOS (18 USD) | 3,500 NIO (94.50 USD) |
Special Education Services | 20,000 SOS (36 USD) | 28,000 NIO (756 USD) |
Tutoring | 5,000 SOS (9 USD) | 1,750 NIO (47.25 USD) |
Textbooks Cost | 3,000 SOS (5.40 USD) | 7,000 NIO (189 USD) |
School Supplies | 2,000 SOS (3.60 USD) | 2,100 NIO (56.70 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 3.71 times less for school and education.
Indicators | Somalia | Nicaragua |
---|---|---|
Movie Ticket (Single) | 10,000 SOS (18 USD) | 175 NIO (4.72 USD) |
Theater Ticket (Single) | 15,000 SOS (27 USD) | 350 NIO (9.45 USD) |
Concert Ticket (Single) | 25,000 SOS (45 USD) | 525 NIO (14.18 USD) |
Sports Event Ticket (Single) | 20,000 SOS (36 USD) | 350 NIO (9.45 USD) |
Gym Membership | 50,000 SOS (90 USD) | 700 NIO (18.90 USD) |
Swimming Pool Access | 10,000 SOS (18 USD) | 350 NIO (9.45 USD) |
Museum Entry Ticket | 5,000 SOS (9 USD) | 175 NIO (4.72 USD) |
Zoo Entry Ticket | 10,000 SOS (18 USD) | 350 NIO (9.45 USD) |
Amusement Park Entry Ticket | 20,000 SOS (36 USD) | 525 NIO (14.18 USD) |
Bowling | 5,000 SOS (9 USD) | 175 NIO (4.72 USD) |
Mini Golf | 5,000 SOS (9 USD) | 175 NIO (4.72 USD) |
Video Games | 40,000 SOS (72 USD) | 1,050 NIO (28.35 USD) |
Streaming Services | 10,000 SOS (18 USD) | 350 NIO (9.45 USD) |
Outdoor Equipment Rental | 15,000 SOS (27 USD) | 350 NIO (9.45 USD) |
Theme Park Annual Pass | 100,000 SOS (180 USD) | 7,000 NIO (189 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 1.80 times more for entertainment, recreation and fun activities.
Indicators | Somalia | Nicaragua |
---|---|---|
Language Classes | 15,000 SOS (27 USD) | 21,000 NIO (567 USD) |
Parenting Classes | 5,000 SOS (9 USD) | 4,200 NIO (113.40 USD) |
Art Classes | 8,000 SOS (14.40 USD) | 525 NIO (14.18 USD) |
Fitness Classes | 7,000 SOS (12.60 USD) | 350 NIO (9.45 USD) |
Music Lessons | 10,000 SOS (18 USD) | 700 NIO (18.90 USD) |
Dance Lessons | 12,000 SOS (21.60 USD) | 700 NIO (18.90 USD) |
Reading Materials for Classes | 2,000 SOS (3.60 USD) | 175 NIO (4.72 USD) |
Educational Software | 5,000 SOS (9 USD) | 5,600 NIO (151.20 USD) |
If you lived in Somalia, instead of Nicaragua, you would have to pay 7.79 times less for Private Classes.
Indicators | Somalia | Nicaragua |
---|---|---|
Average Gross Monthly Salary | 100,000 SOS (180 USD) | 28,000 NIO (756 USD) |
Average Net Monthly Salary | 75,000 SOS (135 USD) | 21,000 NIO (567 USD) |
Minimum Wages | 1,000 SOS per hour (1.80 USD) | 350 NIO per hour (9.45 USD) |
Average Bonus | 15,000 SOS (27 USD) | 10,500 NIO (283.50 USD) |
Income Tax Rate | 0 to 10 % | 0 to 15 % |
Social Security Contributions | 5 % | 10 % |
Pension Contributions | 3 % | 5 % |
Cost of Living Index | 50 | 35 |
Median Household Income | 80,000 SOS (144 USD) | 70,000 NIO (1,890 USD) |
If you lived in Somalia, you would earn 7.19 times less salary as compared to Nicaragua.
Indicators | Somalia | Nicaragua |
---|---|---|
Legal Consultation Per Hour Rate | 10,000 SOS (18 USD) | 1,050 NIO (28.35 USD) |
Accounting Services Per Hour Rate | 8,000 SOS (14.40 USD) | 1,400 NIO (37.80 USD) |
IT Support Services Per Hour Rate | 7,000 SOS (12.60 USD) | 1,400 NIO (37.80 USD) |
Technician Services Per Hour Rate | 6,000 SOS (10.80 USD) | 1,400 NIO (37.80 USD) |
Professional Services cost 2.54 times less in Somalia, as compared to Nicaragua.
We hope you enjoyed the detailed guide on the cost of living comparsion between Somalia and Nicaragua.
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