Cost of living comparison

compared to

Venezuela vs. Nicaragua Cost of Living Summary

Venezuela is 15.1% more expensive than Nicaragua overall.

Restaurants: pay 68.6% more in Venezuela
Groceries: pay 7.0% more in Venezuela
Transportation: pay 95.9% more in Venezuela
Housing: pay 44.5% less in Venezuela
Childcare: pay 35.8% less in Venezuela
Entertainment and Sports: pay 5.3% more in Venezuela
Clothing: pay 9.5% more in Venezuela

The cost of transportation, restaurants, clothing, groceries, and entertainment and sports in Venezuela are more expensive than in Nicaragua. Expenses including housing and childcare are lower in Venezuela. Notably, transportation is significantly more expensive in Venezuela.

Venezuela vs. Nicaragua Cost Breakdown

If you lived in Venezuela instead of Nicaragua, you would:

Display currency: USD

pay 68.6% more for restaurants

	Nicaragua	Venezuela
Basic meal with drink at inexpensive restaurant	$4.15 NIO153.51	$9.00 VEF89.74	+116.7%
Fast food combo meal McDonalds, or similar	$5.48 NIO202.51	$9.86 VEF98.38	+80.1%
Bottle of Coca-Cola (11 fl. oz)	$0.95 NIO35.18	$1.29 VEF12.85	+35.4%
Bottle of water (11 fl. oz)	$0.66 NIO24.22	$0.93 VEF9.30	+42.3%
Average			+68.6%

Nicaragua vs. Venezuela - Cost of restaurants

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pay 7.0% more for groceries

	Nicaragua	Venezuela
Bread 1 loaf	$1.43 NIO53.00	$1.82 VEF18.18	+27.1%
Local cheese (8 oz)	$2.35 NIO86.99	$2.86 VEF28.52	+21.5%
Milk (1 gallon)	$4.24 NIO156.75	$7.30 VEF72.78	+72.1%
Eggs 1 dozen	$1.88 NIO69.47	$2.35 VEF23.48	+25.2%
Boneless chicken breast (1 lb)	$2.20 NIO81.50	$2.73 VEF27.21	+23.8%
Apples (1 lb)	$2.80 NIO103.48	$2.19 VEF21.87	-21.7%
Bananas (1 lb)	$0.60 NIO22.24	$0.61 VEF6.11	+1.9%
Oranges (1 lb)	$1.72 NIO63.57	$0.66 VEF6.61	-61.4%
Tomatoes (1 lb)	$0.65 NIO24.21	$0.85 VEF8.43	+29.1%
Potatoes (1 lb)	$1.08 NIO39.94	$0.76 VEF7.59	-29.6%
Onions (1 lb)	$0.97 NIO35.97	$0.87 VEF8.69	-10.5%
Average			+7.0%

Nicaragua vs. Venezuela - Cost of groceries

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pay 95.9% more for transportation

	Nicaragua	Venezuela
Gasoline (1 gallon)	$5.15 NIO190.32	$1.89 VEF18.88	-63.2%
Monthly public transit pass	$30.05 NIO1,110.99	$31.58 VEF315.03	+5.1%
New Volkswagen Golf 1.4 (standard edition)	$18,168.72 NIO671,691.54	$30,312.50 VEF302,352.06	+66.8%
Taxi trip in downtown area (5 miles)	$5.42 NIO200.27	$25.72 VEF256.52	+374.8%
Average			+95.9%

Nicaragua vs. Venezuela - Cost of transportation

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pay 44.5% less for housing

	Nicaragua	Venezuela
Internet connection 50 mbps or faster, cable/dsl	$44.72 NIO1,653.42	$37.33 VEF372.38	-16.5%
1-Bedroom apartment in downtown area	$308.00 NIO11,386.73	$186.78 VEF1,863.02	-39.4%
1-Bedroom apartment outside city center	$281.86 NIO10,420.36	$128.17 VEF1,278.40	-54.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$52.83 NIO1,952.97	$17.23 VEF171.83	-67.4%
Average			-44.5%

Nicaragua vs. Venezuela - Cost of housing

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pay 35.8% less for childcare

	Nicaragua	Venezuela
Private preschool for 1 child, monthly	$112.78 NIO4,169.36	$64.20 VEF640.40	-43.1%
Middle school for 1 child, two semesters	$9,900.00 NIO365,999.70	$7,090.00 VEF70,719.21	-28.4%
Average			-35.8%

Nicaragua vs. Venezuela - Cost of childcare

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pay 5.3% more for entertainment and sports

	Nicaragua	Venezuela
Domestic/local beer (1 pint)	$1.22 NIO45.01	$1.29 VEF12.87	+5.9%
Cappuccino in mid-range area	$2.28 NIO84.29	$2.35 VEF23.43	+3.0%
Pack of cigarettes Marlboro or similar	$2.97 NIO109.66	$3.27 VEF32.67	+10.4%
Monthly membership at local gym	$26.12 NIO965.83	$36.50 VEF364.03	+39.7%
Movie ticket to theater/cinema	$7.30 NIO269.78	$4.92 VEF49.12	-32.5%
Average			+5.3%

Nicaragua vs. Venezuela - Cost of entertainment and sports

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pay 9.5% more for clothing

	Nicaragua	Venezuela
Regular jeans Levi's brand	$42.40 NIO1,567.59	$44.71 VEF445.99	+5.4%
Regular dress from H&M or similar store	$40.36 NIO1,492.05	$38.72 VEF386.23	-4.1%
Running shoes Nike or Adidas	$58.79 NIO2,173.51	$87.32 VEF870.97	+48.5%
Men's business shoes (leather)	$79.04 NIO2,922.02	$69.72 VEF695.44	-11.8%
Average			+9.5%

Nicaragua vs. Venezuela - Cost of clothing

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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: February 2025

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