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International Cost of Living Calculators

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Detailed international cost of living and salary comparison.


Cost of Living Comparison: Determines allowance based on cost of living difference.


International Cost of Living Index: COLI's for multiple locations using home base.


International Assignment: Global Mobility using build-up approach.


Hypothetical Tax: Effective tax rate for any country in the world.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
Hypothetical Tax Calculator
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


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Articles & Rankings

Cost of Living Articles and Rankings


-International City Cost of Living Rankings

-Regional Cost of Living Rankings (Africa;
America; Asia Pacific; Europe; Middle East)

-Latest Inflation Rates around the world

-Latest Personal Income Tax Rates

-Cost of Living Rankings by Basket

-Articles related to cost of living
and expatriate life


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Cost of Living Reviews

Cost of Living Reviews by City and Country for 780 International Locations

Use the map below or page down

Help

International Cost of Living Help

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look for your question in the list below


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Nicaragua, All Areas
Overview

Nicaragua, All AreasNicaragua is in Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Costa Rica and Honduras. The climate is tropical in the lowlands and cooler in the highlands.

The official language is Spanish. Spanish is used everywhere, while English is used by many officials and business personnel particularly on the Atlantic coast. The Miskito language is spoken by Miskito Amerindians, especially along the Coco river. The main religion is Christianity.

The economy of Nicaragua has made significant progress toward macro-economic stabilization over the past few years. Nicaragua is primarily an agricultural country, but construction, mining, fisheries, and general commerce also have been expanding during the last few years.

In Nicaragua it is expected to address people by their professional title and surname. If they do not have a professional title, refer to them as Senor (Mr), Senora (Mrs), or Senorita (Ms) and their surname. Expatriate business dress is generally conservative in the form of a suit and tie for men and a dress or skirt and blouse for women.

The security risk for expatriates in Nicaragua is medium. Risks include petty and opportunistic crime, armed robbery, carjacking, homicide and violent crime.

The currency of Nicaragua is the Nicaraguan Cordoba Oro (NIO). Banks can exchange US dollars. ATMs dispense US dollars and Cordobas.

Medical facilities are generally below international standards. Payment for treatment is usually required in cash and may be required up front. Some private hospitals will accept major credit cards for payment. Cases of Zika virus and Chikungunya virus have been reported.

The population of Nicaragua is 6.2 Million (2018 est.), while the inflation rate (CPI) is 4.95% for Nicaragua as at August 2018.

Xpatulator Hypothetical Tax for Nicaragua is based on the current personal income tax rates which are progressive up to 30%.


Cost Of Living

The cost of living for expatriates / professional migrants in Nicaragua as at 1 October 2018 is very low in comparison to other places in the world.

In Nicaragua, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very Low
2) Clothing: Low
3) Communication: Low
4) Education: Low
5) Furniture & Appliances: Average
6) Groceries: Low
7) Healthcare: Very Low
8) Household Accommodation: Average
9) Miscellaneous: Low
10) Personal Care: Low
11) Recreation & Culture: Very Low
12) Restaurants Meals Out and Hotels: Very Low
13) Transport: Very Low

Nicaragua is for example -18.9% cheaper than USA for groceries, -13.9% cheaper for household costs than UK, and 24% more expensive for transport costs than India.

Nicaragua is ranked as a extreme hardship location.

The hardship premium for Nicaragua for an expat from Australia, is for example 30%, i.e. host location (Nicaragua) premium of 40% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Nicaragua? Register subscribe to your home location and Nicaragua and run your personalised reports.

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