Last update: Oct 2026

Cost of Living Comparison Between Nicaragua and Montevideo

For one person, living is cheaper in Nicaragua: $946 a month against $1,813 in Montevideo, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

46

Cost of Living Index in Nicaragua
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Nicaragua Living Index
86

Cost of Living Index in Montevideo
Learn more

Montevideo Living Index

Jump to prices

🇳🇮 Nicaragua

$946

/mo nomad

Montevideo

🇺🇾 Uruguay

$1,813

/mo nomad

🙂 Solo nomad: Nicaragua is 37.7% cheaper than Montevideo without rent, and 47.8% cheaper with rent.

🙂 Family of 3: Nicaragua is 37.9% cheaper than Montevideo without rent, and 45.5% cheaper with rent.

Meal at Budget Restaurant

$4.95 NIO 181

$15.26 UYU 613

-67.56%

Three-Course Dinner for Two, Mid-Range

$30.88 NIO 1,131

$67.4 UYU 2,711

-54.20%

Fast Food Meal (McDonalds, etc)

$7.80 NIO 286

$14.37 UYU 578

-45.72%

Cappuccino

$2.36 NIO 86.5

$4.64 UYU 187

-49.14%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.89 NIO 32.75

$2.73 UYU 110

-67.40%

Water (0.33 liter bottle)

$0.66 NIO 24.09

$2.09 UYU 84.0

-68.42%

Local Beer (0.5 liter draught)

$1.34 NIO 48.91

$4.75 UYU 191

-71.79%

Imported Beer (0.33 liter bottle)

$1.96 NIO 71.6

$3.67 UYU 147

-46.59%

Milk (1 liter)

$1.21 NIO 44.22

$1.38 UYU 55.5

-12.32%

White Bread (500g)

$2.08 NIO 76.0

$2.77 UYU 112

-24.91%

Rice (white) (1kg)

$1.66 NIO 60.7

$1.69 UYU 67.8

-1.78%

Eggs

$2.25 NIO 82.5

$4.52 UYU 182

-50.22%

Local Cheese (1kg)

$9.34 NIO 342

$14.17 UYU 570

-34.09%

Chicken Fillets (1kg)

$5.96 NIO 218

$12.07 UYU 485

-50.62%

Beef Round Steak (1kg)

$8.06 NIO 295

$12.16 UYU 489

-33.72%

Apples (1kg)

$4.73 NIO 173

$2.87 UYU 116

64.81%

Banana (1kg)

$0.81 NIO 29.68

$2.75 UYU 110

-70.55%

Oranges (1kg)

$1.95 NIO 71.6

$1.73 UYU 69.5

12.72%

Tomato (1kg)

$2.34 NIO 85.7

$3.24 UYU 130

-27.78%

Potato (1kg)

$3.80 NIO 139

$2.07 UYU 83.1

83.57%

Onion (1kg)

$2.29 NIO 83.9

$2.07 UYU 83.1

10.63%

Lettuce (1 head)

$1.08 NIO 39.44

$1.38 UYU 55.4

-21.74%

Water (1.5 liter bottle)

$1.04 NIO 37.95

$1.85 UYU 74.5

-43.78%

Cigarettes 20 Pack (Marlboro, Camel)

$3.61 NIO 132

$5.57 UYU 224

-35.19%

Wine (Bottle)

$13.20 NIO 483

$8.89 UYU 357

48.48%

Local Beer (0.5 liter bottle)

$1.47 NIO 53.8

$2.29 UYU 92.2

-35.81%

Imported Beer (0.33 liter bottle)

$2.16 NIO 79.2

$2.70 UYU 109

-20.00%

One-way Ticket (Public Transport)

$0.15 NIO 5.36

$1.52 UYU 61.3

-90.13%

Public Transport Monthly Pass (Regular Price)

$6.02 NIO 221

$73.7 UYU 2,962

-91.83%

Taxi Start (Normal Tariff)

$1.54 NIO 56.5

$1.82 UYU 73.4

-15.38%

Taxi (Normal Tariff) (1km)

$1.48 NIO 54.1

$0.40 UYU 16.05

270.00%

Taxi 1hour Waiting (Normal Tariff)

$6.64 NIO 243

$10.66 UYU 429

-37.71%

Gasoline (1 liter)

$1.31 NIO 48.15

$2.22 UYU 89.2

-40.99%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$23.1K NIO 845.1K

$26.7K UYU 1.1M

-13.72%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$25.9K NIO 947.3K

$36.7K UYU 1.5M

-29.60%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$113 NIO 4,138

$191 UYU 7,674

-40.80%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$17.92 NIO 656

$20.40 UYU 820

-12.16%

Internet (50+ Mbps, Unlimited Data)

$36.87 NIO 1,350

$44.14 UYU 1,775

-16.47%

Gym Membership (Monthly)

$34.42 NIO 1,260

$54.1 UYU 2,177

-36.42%

Tennis Court (1 Hour on Weekend)

$15.17 NIO 556

$19.68 UYU 791

-22.92%

Cinema Ticket

$9.29 NIO 340

$12.33 UYU 496

-24.66%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$234 NIO 8,583

$613 UYU 24.7K

-61.77%

International Primary School, 1 Child (Yearly)

$6,687 NIO 244.9K

$11.0K UYU 444.3K

-39.49%

Jeans (Levis 501 Or Similar)

$54.1 NIO 1,981

$103 UYU 4,134

-47.39%

Summer Dress (H&M, Zara, etc)

$44.45 NIO 1,628

$56.1 UYU 2,255

-20.72%

Sport Shoes (Adidas, Nike)

$113 NIO 4,155

$124 UYU 5,000

-8.77%

Men's Leather Business Shoes

$123 NIO 4,514

$130 UYU 5,214

-4.97%

1-bedroom Apartment, City Center (Monthly)

$359 NIO 13.1K

$705 UYU 28.4K

-49.14%

1-bedroom Apartment, Outside City Center (Monthly)

$212 NIO 7,768

$575 UYU 23.1K

-63.14%

3-bedroom Apartment, City Center (Monthly)

$612 NIO 22.4K

$1,139 UYU 45.8K

-46.25%

3-bedroom Apartment, Outside City Center (Monthly)

$463 NIO 17.0K

$1,016 UYU 40.8K

-54.39%

Buy Apartment in City Center (m2)

$1,205 NIO 44.1K

$3,349 UYU 134.6K

-64.01%

Buy Apartment Outside City Center (m2)

$671 NIO 24.6K

$1,942 UYU 78.1K

-65.43%

Average Monthly Net Salary (After Tax)

$353 NIO 12.9K

$1,229 UYU 49.4K

-71.26%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.94

5.74

108.01%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Nicaragua: October 5, 2026

Last update for Montevideo: October 5, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Nicaragua

$249 26.1%

Montevideo

$332 18.7% 33.4% $83

Accommodation & Living

Nicaragua

$212 22.2%

Montevideo

$575 32.3% 171% $363

Monthly Utilities & Internet

Nicaragua

$168 17.5%

Montevideo

$255 14.3% 52.2% $88

Clothing & Footwear

Nicaragua

$151 15.8%

Montevideo

$186 10.4% 23.2% $35

Eating Out

Nicaragua

$108 11.3%

Montevideo

$271 15.2% 151% $163

Sport & Entertainment

Nicaragua

$53 5.5%

Montevideo

$79 4.4% 48.7% $26

Getting Around

Nicaragua

$16 1.6%

Montevideo

$84 4.7% 438% $68

Good to know

🇳🇮 Nicaragua

🇺🇾 Montevideo

🕒 Local time

23:36 11:36 PM

02:36 2:36 AM

3 h ahead of Nicaragua

🌤 Weather

👥 Population

6,676,948

1,319,108 Capital

💱 Currency

Nicaraguan Córdoba NIO C$

Uruguayan Peso UYU $U

📈 Exchange rate

100 NIO = 2.73 USD

100 NIO = 2.43 EUR

100 UYU = 2.49 USD

100 UYU = 2.22 EUR

Exchange rates and currency converter

UYU, USD, EUR to NIO – Nicaraguan Córdoba Converter

🇺🇸 United States Dollar ($)

🇳🇮 Nicaraguan Córdoba (C$)

Nicaraguan Córdoba exchange rates as of October 10, 2026: 1 USD = 36.62 NIO (100 NIO = 2.73 USD). 1 EUR = 41.08 NIO (100 NIO = 2.43 EUR).

Uruguayan Peso exchange rates as of October 10, 2026: 1 USD = 40.21 UYU (100 UYU = 2.49 USD). 1 EUR = 45.1 UYU (100 UYU = 2.22 EUR).

USD to NIO in detail →

On the map

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Between locations

Nicaragua Montevideo 6,120 km ≈ 8 h nonstop flight

From you

Nicaragua
Montevideo

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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Cost of Living Comparison Between Nicaragua and Montevideo

UYU, USD, EUR to NIO – Nicaraguan Córdoba Converter

City Median Internet Speeds Comparison (Updated April 2026)

Nicaragua

Montevideo

Nicaragua

Montevideo

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