Cost of living comparison
South Korea is 64.3% more expensive than Nicaragua overall.
- Restaurants
-
pay 29.9% more in South Korea
- Groceries
-
pay 89.8% more in South Korea
- Transportation
-
pay 33.9% more in South Korea
- Housing
-
pay 26.4% more in South Korea
- Childcare
-
pay 2.8 times more in South Korea
- Entertainment and Sports
-
pay 64.9% more in South Korea
- Clothing
-
pay 24.1% more in South Korea
The cost of childcare, groceries, entertainment and sports, transportation, restaurants, and housing in South Korea are more expensive than in Nicaragua. Notably, childcare and groceries are significantly more expensive in South Korea.
If you lived in South Korea instead of Nicaragua, you would:
pay 29.9% more for restaurants
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.15
NIO152.77
|
$6.16
₩8,990
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.48
NIO201.53
|
$5.24
₩7,646
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.95
NIO35.01
|
$1.47
₩2,148
|
|
| Bottle of water (11 fl. oz) |
$0.66
NIO24.10
|
$0.79
₩1,156
|
|
pay 89.8% more for groceries
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.43
NIO52.74
|
$3.08
₩4,490
|
|
| Local cheese (8 oz) |
$2.35
NIO86.57
|
$5.40
₩7,888
|
|
| Milk (1 gallon) |
$4.24
NIO156.00
|
$7.46
₩10,886
|
|
|
Eggs
1 dozen
|
$1.88
NIO69.14
|
$2.76
₩4,025
|
|
| Boneless chicken breast (1 lb) |
$2.20
NIO81.11
|
$3.32
₩4,847
|
|
| Apples (1 lb) |
$2.80
NIO102.98
|
$3.17
₩4,623
|
|
| Bananas (1 lb) |
$0.60
NIO22.13
|
$1.49
₩2,173
|
|
| Oranges (1 lb) |
$1.72
NIO63.26
|
$2.53
₩3,695
|
|
| Tomatoes (1 lb) |
$0.65
NIO24.09
|
$2.41
₩3,524
|
|
| Potatoes (1 lb) |
$1.08
NIO39.75
|
$1.82
₩2,663
|
|
| Onions (1 lb) |
$0.97
NIO35.80
|
$1.21
₩1,766
|
|
pay 33.9% more for transportation
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.15
NIO189.40
|
$4.39
₩6,411
|
|
| Monthly public transit pass |
$30.05
NIO1,105.63
|
$45.32
₩66,139
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$18,168.72
NIO668,447.39
|
$27,023.07
₩39,440,435
|
|
| Taxi trip in downtown area (5 miles) |
$5.42
NIO199.30
|
$8.17
₩11,927
|
|
pay 26.4% more for housing
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$44.72
NIO1,645.44
|
$17.65
₩25,766
|
|
| 1-Bedroom apartment in downtown area |
$308.00
NIO11,331.74
|
$426.93
₩623,111
|
|
| 1-Bedroom apartment outside city center |
$281.86
NIO10,370.03
|
$328.41
₩479,322
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$52.83
NIO1,943.53
|
$111.42
₩162,622
|
|
pay 2.8 times more for childcare
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$112.78
NIO4,149.22
|
$373.40
₩544,982
|
|
| Middle school for 1 child, two semesters |
$9,900.00
NIO364,231.99
|
$22,907.58
₩33,433,835
|
|
pay 64.9% more for entertainment and sports
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.22
NIO44.80
|
$3.09
₩4,516
|
|
| Cappuccino in mid-range area |
$2.28
NIO83.88
|
$3.39
₩4,947
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.97
NIO109.13
|
$3.21
₩4,691
|
|
| Monthly membership at local gym |
$26.12
NIO961.16
|
$45.71
₩66,716
|
|
| Movie ticket to theater/cinema |
$7.30
NIO268.48
|
$10.10
₩14,739
|
|
pay 24.1% more for clothing
|
Nicaragua
|
South Korea
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.40
NIO1,560.02
|
$60.70
₩88,599
|
|
|
Regular dress
from H&M or similar store
|
$40.36
NIO1,484.85
|
$44.52
₩64,981
|
|
|
Running shoes
Nike or Adidas
|
$58.79
NIO2,163.01
|
$72.99
₩106,533
|
|
| Men's business shoes (leather) |
$79.04
NIO2,907.91
|
$93.73
₩136,800
|
|
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