The location factor for Nicaragua is 0.67, based on national living costs.
This means a C$1,148,650 per year salary would roughly be compareable to €60,000 in Germany.
You can also start a calculation based on Nicaragua.
|Consumer Price Index||0.63|
|Consumer Price Plus Rent Index||0.54|
|Restaurant Price Index*||0.39|
|Local Purchasing Power Index*||0.18|
|Buffer Location Bracket*||D or C|
|Currency||Nicaraguan Cordoba Oro (NIO)|
Locations in Nicaragua
|Managua||0.68||Living Costs||Missing market rates.|