Cost of living comparison

 Podgorica, Montenegro
compared to
 Managua, Nicaragua
Managua vs. Podgorica Cost of Living Summary

Managua is 7.6% cheaper than Podgorica.

Restaurants
pay 47.5% less in Managua
Groceries
pay 52.6% more in Managua
Transportation
pay 18.5% less in Managua
Housing
pay 15.0% less in Managua
Childcare
pay 41.9% less in Managua
Entertainment and Sports
pay 5.9% less in Managua
Clothing
pay 22.8% more in Managua

The cost of groceries and clothing in Managua are more expensive than in Podgorica. Expenses including restaurants, childcare, transportation, housing, and entertainment and sports are lower in Managua.

Managua vs. Podgorica Cost Breakdown

If you lived in Managua instead of Podgorica, you would:

pay 47.5% less for restaurants

 
Podgorica
Managua
Basic meal with drink at inexpensive restaurant $8.57
€7.82
$4.08
NIO150.11
Fast food combo meal
McDonalds, or similar
$8.04
€7.33
$7.00
NIO257.54
Bottle of Coca-Cola (11 fl. oz) $2.13
€1.94
$0.65
NIO24.03

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pay 52.6% more for groceries

 
Podgorica
Managua
Bread
1 loaf
$0.93
€0.84
$1.67
NIO61.38
Local cheese (8 oz) $3.98
€3.63
$2.35
NIO86.62
Milk (1 gallon) $4.94
€4.51
$4.20
NIO154.45

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pay 18.5% less for transportation

 
Podgorica
Managua
Gasoline (1 gallon) $6.02
€5.49
$5.07
NIO186.46
Monthly public transit pass $32.15
€29.34
??
New Volkswagen Golf 1.4 (standard edition) $27,933.36
€25,487.41
$22,000.00
NIO809,404.42

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pay 15.0% less for housing

 
Podgorica
Managua
Internet connection
50 mbps or faster, cable/dsl
$29.29
€26.72
$44.10
NIO1,622.55
1-Bedroom apartment in downtown area $586.17
€534.84
$250.00
NIO9,197.78
1-Bedroom apartment outside city center $453.87
€414.13
$250.00
NIO9,197.78

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pay 41.9% less for childcare

 
Podgorica
Managua
Private preschool for 1 child, monthly $265.47
€242.22
$125.56
NIO4,619.33
Middle school for 1 child, two semesters $6,966.46
€6,356.45
$4,800.00
NIO176,597.33

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pay 5.9% less for entertainment and sports

 
Podgorica
Managua
Domestic/local beer (1 pint) $2.36
€2.15
$1.36
NIO50.04
Cappuccino in mid-range area $1.95
€1.78
$2.21
NIO81.46
Pack of cigarettes
Marlboro or similar
$3.86
€3.52
$2.66
NIO97.84

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pay 22.8% more for clothing

 
Podgorica
Managua
Regular jeans
Levi's brand
$76.10
€69.43
$74.93
NIO2,756.72
Regular dress
from H&M or similar store
$41.90
€38.23
$56.67
NIO2,084.83
Running shoes
Nike or Adidas
$93.78
€85.57
$109.40
NIO4,025.03

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

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