Cost of living comparison
Nicaragua is 26.3% cheaper than South Korea.
If you lived in Nicaragua instead of South Korea, you would:
pay 20.1% less for restaurants
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,909
|
$4.15
NIO152.19
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,578
|
$5.48
NIO200.77
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,129
|
$0.95
NIO34.88
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,145
|
$0.66
NIO24.01
|
|
pay 41.4% less for groceries
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,450
|
$1.43
NIO52.54
|
|
| Local cheese (8 oz) |
$5.40
₩7,817
|
$2.35
NIO86.24
|
|
| Milk (1 gallon) |
$7.46
₩10,788
|
$4.24
NIO155.40
|
|
|
Eggs
1 dozen
|
$2.76
₩3,988
|
$1.88
NIO68.88
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,803
|
$2.20
NIO80.80
|
|
| Apples (1 lb) |
$3.17
₩4,582
|
$2.80
NIO102.59
|
|
| Bananas (1 lb) |
$1.49
₩2,153
|
$0.60
NIO22.05
|
|
| Oranges (1 lb) |
$2.53
₩3,662
|
$1.72
NIO63.02
|
|
| Tomatoes (1 lb) |
$2.41
₩3,492
|
$0.65
NIO24.00
|
|
| Potatoes (1 lb) |
$1.82
₩2,640
|
$1.08
NIO39.60
|
|
| Onions (1 lb) |
$1.21
₩1,750
|
$0.97
NIO35.66
|
|
pay 20.8% less for transportation
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,353
|
$5.15
NIO188.68
|
|
| Monthly public transit pass |
$45.32
₩65,546
|
$30.05
NIO1,101.42
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,086,703
|
$18,168.72
NIO665,904.91
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,820
|
$5.42
NIO198.54
|
|
pay 14.7% more for housing
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,535
|
$44.72
NIO1,639.18
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩617,523
|
$308.00
NIO11,288.64
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩475,023
|
$281.86
NIO10,330.59
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩161,164
|
$52.83
NIO1,936.14
|
|
pay 63.3% less for childcare
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩540,094
|
$112.78
NIO4,133.44
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩33,133,975
|
$9,900.00
NIO362,846.61
|
|
pay 34.3% less for entertainment and sports
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,475
|
$1.22
NIO44.63
|
|
| Cappuccino in mid-range area |
$3.39
₩4,902
|
$2.28
NIO83.56
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,649
|
$2.97
NIO108.71
|
|
| Monthly membership at local gym |
$45.71
₩66,118
|
$26.12
NIO957.51
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,607
|
$7.30
NIO267.46
|
|
pay 18.7% less for clothing
|
South Korea
|
Nicaragua
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩87,804
|
$42.40
NIO1,554.09
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩64,398
|
$40.36
NIO1,479.20
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩105,578
|
$58.79
NIO2,154.78
|
|
| Men's business shoes (leather) |
$93.73
₩135,573
|
$79.04
NIO2,896.85
|
|
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