Cost of living
Latvia compared to Nicaragua
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Overview comparison
LatviaNicaragua
Consumer prices in Latvia are roughly 46% higher than in Nicaragua.
Cost of living
| Item | Latvia | Nicaragua |
|---|
| Total with rent one person | 1,040 | 678 |
|---|
| Total with rent family | 2,203 | 1,942 |
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| Without rent one person | 568 | 359 |
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| Without rent one family | 1,789 | 1,274 |
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| Rent & Utilities person | 593.39 | 272.15 |
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| Rent & Utilities family | 1,035.05 | 462.41 |
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| Food person | 319 | 260 |
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| Food family | 1,094 | 684 |
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| Transport person | 59.12 | 42.5 |
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| Transport family | 171.01 | 150.27 |
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| Life expectancy | 89.42 years | 82.24 years |
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Eating Out
| Item | Latvia | Nicaragua |
|---|
| Lunch Menu | 8.94 | 6.88 |
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| Dinner in a Restaurant, for 2 | 59.79 | 19.54 |
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| Fast food meal, equiv. McDonald's | 6.24 | 5.25 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 5.5 | 1.12 |
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| Cappuccino | 3.27 | 2.13 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.73 | 0.67 |
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Rent & Utilities
| Item | Latvia | Nicaragua |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 536 | 278.95 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 355.84 | 201.43 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 814.04 | 397.62 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 646.88 | 272.27 |
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| Utility Bill one person, electricity, heating, water, etc. | 185.74 | 36.93 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 314.17 | 49.62 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 14.77 | 44.84 |
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Transportation
| Item | Latvia | Nicaragua |
|---|
| Local transport ticket | 4.08 | 10.12 |
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| Monthly ticket local transport | 1,834 | 1,235 |
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| Taxi Ride, 8 km or 5 mi | 1,386 | 982 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.31 | 0.5 |
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| Mortgage Interest Rate for 20 Years | 41.1% | 23.65% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 9.62 | 7.13 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.68 | 1.52 |
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Groceries
| Item | Latvia | Nicaragua |
|---|
| Milk, 1 L or 1 qt | 1.03 | 0.91 |
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| Bread, 0.5 kg or 1.1 lb | 1.43 | 1.08 |
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| Eggs, x12 | 3.16 | 1.53 |
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| Cheese, 1 kg or 2.2 lb | 12.03 | 3.54 |
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| Chicken Breast, 1 kg or 2.2 lb | 8.57 | 4.05 |
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| Round Steak, 1 kg or 2.2 lb | 9.11 | 6.71 |
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| Banana, 1 kg or 2.2 lb | 1.89 | 1.51 |
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| Water, 1 L or 1 qt | 0.64 | 0.71 |
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Other
| Item | Latvia | Nicaragua |
|---|
| Gym Membership, 1 month | 50.07 | 29.38 |
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| Cinema Ticket, 1 person | 9.67 | 5.97 |
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| Doctors visit | 36.56 | 28.89 |
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| Haircut, simple | 15.82 | 3.5 |
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| Brand Jeans | 77.08 | 47.76 |
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| Brand Sneakers | 79.18 | 70.46 |
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| Daycare or Preschool, 1 month | 489.96 | 119.69 |
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| International Primary School, 1 year | 15,507 | 7,166 |
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