Cost of living comparison

 Riga, Latvia
compared to
 Managua, Nicaragua
Managua vs. Riga Cost of Living Summary

Managua is 18.3% cheaper than Riga.

Restaurants
pay 44.0% less in Managua
Groceries
pay 36.7% more in Managua
Transportation
pay 23.3% less in Managua
Housing
pay 1.2% less in Managua
Childcare
pay 70.6% less in Managua
Entertainment and Sports
pay 41.4% less in Managua
Clothing
pay 15.8% more in Managua

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

Managua vs. Riga Cost Breakdown

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

pay 44.0% less for restaurants

 
Riga
Managua
Basic meal with drink at inexpensive restaurant $10.72
€9.85
$4.08
NIO150.13
Fast food combo meal
McDonalds, or similar
$8.33
€7.66
$7.00
NIO257.58
Bottle of Coca-Cola (11 fl. oz) $1.44
€1.32
$0.65
NIO24.03

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pay 36.7% more for groceries

 
Riga
Managua
Bread
1 loaf
$1.56
€1.44
$1.67
NIO61.39
Local cheese (8 oz) $5.73
€5.27
$2.35
NIO86.63
Milk (1 gallon) $4.85
€4.46
$4.20
NIO154.47

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pay 23.3% less for transportation

 
Riga
Managua
Gasoline (1 gallon) $6.77
€6.22
$5.07
NIO186.49
Monthly public transit pass $32.15
€29.56
??
New Volkswagen Golf 1.4 (standard edition) $28,026.61
€25,770.41
$22,000.00
NIO809,524.08

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pay 1.2% less for housing

 
Riga
Managua
Internet connection
50 mbps or faster, cable/dsl
$17.68
€16.25
$44.10
NIO1,622.79
1-Bedroom apartment in downtown area $536.44
€493.25
$250.00
NIO9,199.14
1-Bedroom apartment outside city center $367.73
€338.12
$250.00
NIO9,199.14

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pay 70.6% less for childcare

 
Riga
Managua
Private preschool for 1 child, monthly $538.03
€494.71
$125.56
NIO4,620.01
Middle school for 1 child, two semesters $13,487.73
€12,401.94
$4,800.00
NIO176,623.44

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pay 41.4% less for entertainment and sports

 
Riga
Managua
Domestic/local beer (1 pint) $4.82
€4.43
$1.36
NIO50.04
Cappuccino in mid-range area $3.39
€3.12
$2.21
NIO81.47
Pack of cigarettes
Marlboro or similar
$5.25
€4.83
$2.66
NIO97.85

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pay 15.8% more for clothing

 
Riga
Managua
Regular jeans
Levi's brand
$81.84
€75.25
$74.93
NIO2,757.12
Regular dress
from H&M or similar store
$43.77
€40.25
$56.67
NIO2,085.14
Running shoes
Nike or Adidas
$92.38
€84.95
$109.40
NIO4,025.63

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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 Latvia vs. Nicaragua. This provides a comparison of the average cost of living from cities within Latvia and Nicaragua.

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