Cost of living
Mongolia compared to Nicaragua
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Overview comparison
MongoliaNicaragua
Consumer prices in Mongolia are roughly 27% higher than in Nicaragua.
Cost of living
| Item | Mongolia | Nicaragua |
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| Total with rent one person | 909 | 678 |
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| Total with rent family | 1,981 | 1,942 |
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| Without rent one person | 430 | 359 |
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| Without rent one family | 1,494 | 1,274 |
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| Rent & Utilities person | 494.78 | 272.15 |
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| Rent & Utilities family | 1,097.17 | 462.41 |
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| Food person | 357 | 260 |
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| Food family | 959 | 684 |
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| Transport person | 51.66 | 42.5 |
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| Transport family | 149.94 | 150.27 |
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| Life expectancy | 59.42 years | 82.24 years |
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Eating Out
| Item | Mongolia | Nicaragua |
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| Lunch Menu | 4.59 | 6.88 |
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| Dinner in a Restaurant, for 2 | 25.41 | 19.54 |
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| Fast food meal, equiv. McDonald's | 5.43 | 5.25 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.49 | 1.12 |
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| Cappuccino | 2.28 | 2.13 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.69 | 0.67 |
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Rent & Utilities
| Item | Mongolia | Nicaragua |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 572.03 | 278.95 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 412.2 | 201.43 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,500.11 | 397.62 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 903.4 | 272.27 |
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| Utility Bill one person, electricity, heating, water, etc. | 63.1 | 36.93 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 66.58 | 49.62 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 15.73 | 44.84 |
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Transportation
| Item | Mongolia | Nicaragua |
|---|
| Local transport ticket | 5.43 | 10.12 |
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| Monthly ticket local transport | 1,399 | 1,235 |
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| Taxi Ride, 8 km or 5 mi | 894 | 982 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.13 | 0.5 |
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| Mortgage Interest Rate for 20 Years | 8.64% | 23.65% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 5.74 | 7.13 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.09 | 1.52 |
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Groceries
| Item | Mongolia | Nicaragua |
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| Milk, 1 L or 1 qt | 1.62 | 0.91 |
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| Bread, 0.5 kg or 1.1 lb | 0.99 | 1.08 |
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| Eggs, x12 | 2.51 | 1.53 |
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| Cheese, 1 kg or 2.2 lb | 11.16 | 3.54 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.35 | 4.05 |
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| Round Steak, 1 kg or 2.2 lb | 5.04 | 6.71 |
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| Banana, 1 kg or 2.2 lb | 2.91 | 1.51 |
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| Water, 1 L or 1 qt | 0.4 | 0.71 |
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Other
| Item | Mongolia | Nicaragua |
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| Gym Membership, 1 month | 80.7 | 29.38 |
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| Cinema Ticket, 1 person | 4.29 | 5.97 |
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| Doctors visit | 17.02 | 28.89 |
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| Haircut, simple | 5.82 | 3.5 |
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| Brand Jeans | 77.54 | 47.76 |
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| Brand Sneakers | 98.8 | 70.46 |
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| Daycare or Preschool, 1 month | 153.81 | 119.69 |
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| International Primary School, 1 year | 9,120 | 7,166 |
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