Living in Nicaragua: Cost of Living, Healthcare and What to Know About Living in Nicaragua

Living in Nicaragua

Last updated on Feb 08, 2024

Summary: People describe life in Nicaragua as laid-back and relaxed. Expats love the warm climate, friendly people, and the low cost of living. The average cost of living for an expat is around $1,000 to $1,500 per month. This includes rent, food, transportation, and entertainment. The population of Nicaragua is estimated to be 6.5 million people. The largest cities in Nicaragua are Managua (the capital), Leon, Masaya, and Granada. The cons of living in Nicaragua include a lack of infrastructure, high crime rates, and a lack of job opportunities. Additionally, the political situation in Nicaragua is unstable and the economy is weak.

What do I need to know about living in Nicaragua?

When we asked people what advice they would give someone preparing to move to Nicaragua, they said:

"Standard advice is to visit Nicaragua before committing to anything - that is even more essential in your case. Visit areas you might want to live, local stores, etc," wrote one member in Managua.

"Again, spend as much time prior to moving as possible. Patience, that is the key word for Nicaragua. Be prepared for late appointments or on the other side of the coin, the appointee will show up way ahead of the scheduled time. As soon as you learn to go with the flow, relax, no stress, you will adjust much easier. Remember, we will always be a guest in the host country, and smile," remarked one expat who made the move to San Juan del Sur.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.