Cost of living comparison
Madrid is 2.2 times more expensive than Managua.
If you lived in Madrid instead of Managua, you would:
pay 2.6 times more for restaurants
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.91
NIO180.40
|
$15.16
€13.94
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.00
NIO220.50
|
$10.32
€9.49
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.75
NIO27.61
|
$2.71
€2.49
|
|
| Bottle of water (11 fl. oz) |
$0.88
NIO32.16
|
$1.81
€1.66
|
|
pay 29.9% more for groceries
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.67
NIO61.31
|
$1.74
€1.60
|
|
| Local cheese (8 oz) |
$2.35
NIO86.52
|
$7.67
€7.05
|
|
| Milk (1 gallon) |
$4.05
NIO148.96
|
$4.36
€4.01
|
|
|
Eggs
1 dozen
|
$1.99
NIO73.09
|
$3.02
€2.77
|
|
| Boneless chicken breast (1 lb) |
$2.29
NIO84.29
|
$3.87
€3.56
|
|
| Apples (1 lb) |
$2.19
NIO80.64
|
$1.14
€1.05
|
|
| Bananas (1 lb) |
$0.72
NIO26.64
|
$0.89
€0.82
|
|
| Oranges (1 lb) |
$1.34
NIO49.15
|
$0.97
€0.89
|
|
| Tomatoes (1 lb) |
$0.69
NIO25.52
|
$1.13
€1.04
|
|
| Potatoes (1 lb) |
$1.38
NIO50.65
|
$0.72
€0.67
|
|
| Onions (1 lb) |
$0.71
NIO26.13
|
$0.77
€0.71
|
|
pay 3.0 times more for transportation
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.07
NIO186.25
|
$6.78
€6.24
|
|
| Monthly public transit pass |
$10.00
NIO367.50
|
$54.15
€49.79
|
|
| New Volkswagen Golf 1.4 (standard edition) | ?? |
$36,133.87
€33,228.09
|
|
| Taxi trip in downtown area (5 miles) |
$6.33
NIO232.52
|
$14.65
€13.47
|
|
pay 2.6 times more for housing
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$48.80
NIO1,793.50
|
$33.64
€30.93
|
|
| 1-Bedroom apartment in downtown area |
$325.00
NIO11,943.89
|
$1,370.72
€1,260.49
|
|
| 1-Bedroom apartment outside city center |
$250.00
NIO9,187.61
|
$989.21
€909.66
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.78
NIO2,784.83
|
$123.32
€113.40
|
|
pay 3.2 times more for childcare
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$125.56
NIO4,614.22
|
$543.23
€499.54
|
|
| Middle school for 1 child, two semesters |
$4,900.00
NIO180,077.19
|
$9,978.95
€9,176.48
|
|
pay 67.5% more for entertainment and sports
|
Managua
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.57
NIO57.53
|
$3.79
€3.49
|
|
| Cappuccino in mid-range area |
$2.17
NIO79.81
|
$2.63
€2.41
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.73
NIO100.22
|
$6.12
€5.63
|
|
| Monthly membership at local gym |
$53.52
NIO1,966.88
|
$48.46
€44.57
|
|
| Movie ticket to theater/cinema |
$6.80
NIO249.80
|
$10.83
€9.96
|
|
pay 17.9% less for clothing
|
Managua
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$65.00
NIO2,388.78
|
$83.95
€77.20
|
|
|
Regular dress
from H&M or similar store
|
$56.67
NIO2,082.53
|
$33.93
€31.20
|
|
|
Running shoes
Nike or Adidas
|
$146.67
NIO5,390.07
|
$87.19
€80.18
|
|
| Men's business shoes (leather) |
$125.00
NIO4,593.81
|
$99.93
€91.90
|
|
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