Cost of living comparison

Caracas, Venezuela

compared to

Managua, Nicaragua

Managua vs. Caracas Cost of Living Summary

Managua is 33.7% more expensive than Caracas.

Restaurants: pay 56.5% less in Managua
Groceries: pay 11.4% less in Managua
Transportation: pay 68.3% more in Managua
Housing: pay 3.0 times more in Managua
Childcare: pay 14.5% more in Managua
Entertainment and Sports: pay 14.5% less in Managua
Clothing: pay 33.1% more in Managua

The cost of housing, transportation, clothing, and childcare in Managua are more expensive than in Caracas. Expenses including restaurants, entertainment and sports, and groceries are lower in Managua. Notably, housing is significantly more expensive in Managua.

Managua vs. Caracas Cost Breakdown

If you lived in Managua instead of Caracas, you would:

Display currency: USD

pay 56.5% less for restaurants

	Caracas	Managua
Basic meal with drink at inexpensive restaurant	$15.00 VEF149.62	$4.08 NIO150.14	-72.8%
Fast food combo meal McDonalds, or similar	$12.00 VEF119.69	$7.00 NIO257.59	-41.7%
Bottle of Coca-Cola (11 fl. oz)	$1.78 VEF17.78	$0.65 NIO24.03	-63.4%
Bottle of water (11 fl. oz)	$1.29 VEF12.84	$0.67 NIO24.70	-47.9%
Average			-56.5%

Caracas vs. Managua - Cost of restaurants

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pay 11.4% less for groceries

	Caracas	Managua
Bread 1 loaf	$2.17 VEF21.64	$1.67 NIO61.40	-23.1%
Local cheese (8 oz)	$4.87 VEF48.61	$2.35 NIO86.64	-51.7%
Milk (1 gallon)	$7.73 VEF77.06	$4.20 NIO154.48	-45.7%
Eggs 1 dozen	$3.03 VEF30.26	$1.94 NIO71.35	-36.1%
Boneless chicken breast (1 lb)	$3.24 VEF32.36	$2.29 NIO84.40	-29.3%
Apples (1 lb)	$2.55 VEF25.43	$2.50 NIO91.91	-2.0%
Bananas (1 lb)	$0.66 VEF6.56	$0.64 NIO23.41	-3.3%
Oranges (1 lb)	$0.90 VEF8.97	$1.44 NIO52.96	+60.0%
Tomatoes (1 lb)	$0.75 VEF7.51	$0.59 NIO21.63	-22.0%
Potatoes (1 lb)	$1.01 VEF10.04	$1.38 NIO50.72	+37.0%
Onions (1 lb)	$0.87 VEF8.69	$0.79 NIO29.23	-8.8%
Average			-11.4%

Caracas vs. Managua - Cost of groceries

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pay 68.3% more for transportation

	Caracas	Managua
Gasoline (1 gallon)	$1.89 VEF18.88	$5.07 NIO186.50	+167.8%
Monthly public transit pass	$30.00 VEF299.24	??
New Volkswagen Golf 1.4 (standard edition)	$32,000.00 VEF319,184.03	$22,000.00 NIO809,573.47	-31.2%
Taxi trip in downtown area (5 miles)	$23.80 VEF237.39	??
Average			+68.3%

Caracas vs. Managua - Cost of transportation

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pay 3.0 times more for housing

	Caracas	Managua
Internet connection 50 mbps or faster, cable/dsl	$37.22 VEF371.27	$44.10 NIO1,622.89	+18.5%
1-Bedroom apartment in downtown area	$394.44 VEF3,934.39	$250.00 NIO9,199.70	-36.6%
1-Bedroom apartment outside city center	$366.67 VEF3,657.32	$250.00 NIO9,199.70	-31.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$7.90 VEF78.82	$75.78 NIO2,788.49	+859.0%
Average			+202.3%

Caracas vs. Managua - Cost of housing

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pay 14.5% more for childcare

	Caracas	Managua
Private preschool for 1 child, monthly	$98.67 VEF984.15	$125.56 NIO4,620.29	+27.3%
Middle school for 1 child, two semesters	$4,720.00 VEF47,079.64	$4,800.00 NIO176,634.21	+1.7%
Average			+14.5%

Caracas vs. Managua - Cost of childcare

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pay 14.5% less for entertainment and sports

	Caracas	Managua
Domestic/local beer (1 pint)	$1.50 VEF14.96	$1.36 NIO50.05	-9.3%
Cappuccino in mid-range area	$2.72 VEF27.12	$2.21 NIO81.48	-18.6%
Pack of cigarettes Marlboro or similar	$3.25 VEF32.42	$2.66 NIO97.86	-18.2%
Monthly membership at local gym	$71.88 VEF716.92	$37.27 NIO1,371.48	-48.1%
Movie ticket to theater/cinema	$6.00 VEF59.85	$7.30 NIO268.53	+21.6%
Average			-14.5%

Caracas vs. Managua - Cost of entertainment and sports

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pay 33.1% more for clothing

	Caracas	Managua
Regular jeans Levi's brand	$60.00 VEF598.47	$74.93 NIO2,757.29	+24.9%
Regular dress from H&M or similar store	$43.33 VEF432.23	$56.67 NIO2,085.26	+30.8%
Running shoes Nike or Adidas	$113.12 VEF1,128.37	$109.40 NIO4,025.87	-3.3%
Men's business shoes (leather)	$83.33 VEF831.21	$150.00 NIO5,519.82	+80.0%
Average			+33.1%

Caracas vs. Managua - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025

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See the cost of living in Venezuela vs. Nicaragua. This provides a comparison of the average cost of living from cities within Venezuela and Nicaragua.

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