Cost of living comparison

 Managua, Nicaragua
compared to
 Madrid, Spain
Madrid vs. Managua Cost of Living Summary

Madrid is 2.1 times more expensive than Managua.

Restaurants
pay 3.1 times more in Madrid
Groceries
pay 27.7% more in Madrid
Transportation
pay 48.2% more in Madrid
Housing
pay 3.2 times more in Madrid
Childcare
pay 3.3 times more in Madrid
Entertainment and Sports
pay 79.4% more in Madrid
Clothing
pay 10.8% less in Madrid

The cost of childcare, housing, restaurants, entertainment and sports, transportation, and groceries in Madrid are more expensive than in Managua. Notably, childcare, housing, and restaurants are significantly more expensive in Madrid.

Madrid vs. Managua Cost Breakdown

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
NIO149.88
$16.08
€15.59
Fast food combo meal
McDonalds, or similar
$7.00
NIO257.14
$10.72
€10.39
Bottle of Coca-Cola (11 fl. oz) $0.65
NIO23.99
$2.79
€2.70

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pay 27.7% more for groceries

 
Managua
Madrid
Bread
1 loaf
$1.67
NIO61.29
$1.50
€1.45
Local cheese (8 oz) $2.35
NIO86.48
$6.92
€6.71
Milk (1 gallon) $4.20
NIO154.21
$4.41
€4.27

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pay 48.2% more for transportation

 
Managua
Madrid
Gasoline (1 gallon) $5.07
NIO186.17
$6.79
€6.58
Monthly public transit pass ?? $42.87
€41.58
New Volkswagen Golf 1.4 (standard edition) $22,000.00
NIO808,163.31
$35,759.38
€34,679.12

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pay 3.2 times more for housing

 
Managua
Madrid
Internet connection
50 mbps or faster, cable/dsl
$44.10
NIO1,620.06
$31.85
€30.88
1-Bedroom apartment in downtown area $250.00
NIO9,183.67
$1,468.90
€1,424.52
1-Bedroom apartment outside city center $250.00
NIO9,183.67
$1,074.71
€1,042.24

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pay 3.3 times more for childcare

 
Managua
Madrid
Private preschool for 1 child, monthly $125.56
NIO4,612.25
$567.57
€550.42
Middle school for 1 child, two semesters $4,800.00
NIO176,326.54
$10,069.47
€9,765.28

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pay 79.4% more for entertainment and sports

 
Managua
Madrid
Domestic/local beer (1 pint) $1.36
NIO49.96
$3.75
€3.64
Cappuccino in mid-range area $2.21
NIO81.34
$2.59
€2.51
Pack of cigarettes
Marlboro or similar
$2.66
NIO97.69
$6.43
€6.24

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pay 10.8% less for clothing

 
Managua
Madrid
Regular jeans
Levi's brand
$74.93
NIO2,752.49
$90.50
€87.77
Regular dress
from H&M or similar store
$56.67
NIO2,081.63
$37.21
€36.09
Running shoes
Nike or Adidas
$109.40
NIO4,018.86
$97.88
€94.92

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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: January 2025
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See the cost of living in Nicaragua vs. Spain. This provides a comparison of the average cost of living from cities within Nicaragua and Spain.

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