Cost of living comparison
Monaco is 6.7 times more expensive than Managua.
If you lived in Monaco instead of Managua, you would:
pay 6.1 times more for restaurants
|
Managua
|
Monaco
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.08
NIO149.54
|
$20.90
€20.04
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.00
NIO256.56
|
$12.33
€11.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.65
NIO23.94
|
$4.67
€4.48
|
|
| Bottle of water (11 fl. oz) |
$0.67
NIO24.60
|
$7.08
€6.79
|
|
pay 2.0 times more for groceries
|
Managua
|
Monaco
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.67
NIO61.15
|
$6.56
€6.29
|
|
| Local cheese (8 oz) |
$2.35
NIO86.29
|
$8.04
€7.71
|
|
| Milk (1 gallon) |
$4.20
NIO153.86
|
$7.10
€6.81
|
|
|
Eggs
1 dozen
|
$1.94
NIO71.06
|
$3.56
€3.41
|
|
| Boneless chicken breast (1 lb) |
$2.29
NIO84.06
|
$4.76
€4.56
|
|
| Apples (1 lb) |
$2.50
NIO91.54
|
$2.07
€1.98
|
|
| Bananas (1 lb) |
$0.64
NIO23.31
|
$1.22
€1.17
|
|
| Oranges (1 lb) |
$1.44
NIO52.75
|
$1.22
€1.17
|
|
| Tomatoes (1 lb) |
$0.59
NIO21.54
|
$1.80
€1.72
|
|
| Potatoes (1 lb) |
$1.38
NIO50.51
|
$0.95
€0.91
|
|
| Onions (1 lb) |
$0.79
NIO29.11
|
$1.46
€1.40
|
|
pay 89.4% more for transportation
|
Managua
|
Monaco
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.07
NIO185.75
|
$8.55
€8.19
|
|
| Monthly public transit pass | ?? |
$23.58
€22.61
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$22,000.00
NIO806,325.81
|
$46,276.05
€44,368.23
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$20.36
€19.52
|
|
pay 15.6 times more for housing
|
Managua
|
Monaco
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.10
NIO1,616.38
|
$61.09
€58.57
|
|
| 1-Bedroom apartment in downtown area |
$250.00
NIO9,162.79
|
$8,084.96
€7,751.65
|
|
| 1-Bedroom apartment outside city center |
$250.00
NIO9,162.79
|
$6,430.58
€6,165.47
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$75.78
NIO2,777.30
|
$235.04
€225.35
|
|
pay 12.8 times more for childcare
|
Managua
|
Monaco
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$125.56
NIO4,601.76
|
$2,089.94
€2,003.78
|
|
| Middle school for 1 child, two semesters |
$4,800.00
NIO175,925.63
|
$42,736.55
€40,974.65
|
|
pay 6.0 times more for entertainment and sports
|
Managua
|
Monaco
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.36
NIO49.85
|
$8.57
€8.22
|
|
| Cappuccino in mid-range area |
$2.21
NIO81.15
|
$6.62
€6.35
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.66
NIO97.47
|
$13.40
€12.84
|
|
| Monthly membership at local gym |
$37.27
NIO1,365.98
|
$515.79
€494.52
|
|
| Movie ticket to theater/cinema |
$7.30
NIO267.46
|
$12.86
€12.33
|
|
pay 2.5 times more for clothing
|
Managua
|
Monaco
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$74.93
NIO2,746.23
|
$174.43
€167.24
|
|
|
Regular dress
from H&M or similar store
|
$56.67
NIO2,076.90
|
$75.29
€72.19
|
|
|
Running shoes
Nike or Adidas
|
$109.40
NIO4,009.72
|
$219.18
€210.14
|
|
| Men's business shoes (leather) |
$150.00
NIO5,497.68
|
$625.91
€600.11
|
|
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