Cost of living comparison
Madrid is 2.1 times more expensive than Managua.
If you lived in Madrid instead of Managua, you would:
pay 3.1 times more for restaurants
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.08
NIO150.58
|
$16.08
€15.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
NIO258.35
|
$10.72
€10.16
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.65
NIO24.10
|
$2.79
€2.64
|
|
| Bottle of water (11 fl. oz) |
$0.67
NIO24.77
|
$1.80
€1.71
|
|
pay 27.7% more for groceries
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.67
NIO61.58
|
$1.50
€1.42
|
|
| Local cheese (8 oz) |
$2.35
NIO86.89
|
$6.92
€6.56
|
|
| Milk (1 gallon) |
$4.20
NIO154.93
|
$4.41
€4.18
|
|
|
Eggs
1 dozen
|
$1.94
NIO71.55
|
$3.05
€2.89
|
|
| Boneless chicken breast (1 lb) |
$2.29
NIO84.65
|
$3.78
€3.59
|
|
| Apples (1 lb) |
$2.50
NIO92.18
|
$1.13
€1.07
|
|
| Bananas (1 lb) |
$0.64
NIO23.47
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$1.44
NIO53.11
|
$1.01
€0.95
|
|
| Tomatoes (1 lb) |
$0.59
NIO21.69
|
$1.05
€0.99
|
|
| Potatoes (1 lb) |
$1.38
NIO50.87
|
$0.83
€0.79
|
|
| Onions (1 lb) |
$0.79
NIO29.32
|
$0.82
€0.78
|
|
pay 48.2% more for transportation
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.07
NIO187.04
|
$6.79
€6.43
|
|
| Monthly public transit pass | ?? |
$42.87
€40.66
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,000.00
NIO811,948.24
|
$35,759.38
€33,912.83
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$14.90
€14.13
|
|
pay 3.2 times more for housing
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.10
NIO1,627.65
|
$31.85
€30.20
|
|
| 1-Bedroom apartment in downtown area |
$250.00
NIO9,226.68
|
$1,468.90
€1,393.05
|
|
| 1-Bedroom apartment outside city center |
$250.00
NIO9,226.68
|
$1,074.71
€1,019.21
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.78
NIO2,796.67
|
$130.03
€123.32
|
|
pay 3.3 times more for childcare
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$125.56
NIO4,633.85
|
$567.57
€538.26
|
|
| Middle school for 1 child, two semesters |
$4,800.00
NIO177,152.34
|
$10,069.47
€9,549.50
|
|
pay 79.4% more for entertainment and sports
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.36
NIO50.19
|
$3.75
€3.56
|
|
| Cappuccino in mid-range area |
$2.21
NIO81.72
|
$2.59
€2.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.66
NIO98.15
|
$6.43
€6.10
|
|
| Monthly membership at local gym |
$37.27
NIO1,375.51
|
$43.11
€40.89
|
|
| Movie ticket to theater/cinema |
$7.30
NIO269.32
|
$10.72
€10.16
|
|
pay 10.8% less for clothing
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$74.93
NIO2,765.38
|
$90.50
€85.83
|
|
|
Regular dress
from H&M or similar store
|
$56.67
NIO2,091.38
|
$37.21
€35.29
|
|
|
Running shoes
Nike or Adidas
|
$109.40
NIO4,037.68
|
$97.88
€92.82
|
|
| Men's business shoes (leather) |
$150.00
NIO5,536.01
|
$121.40
€115.13
|
|
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