Granada, Nicaragua
Granada, Nicaragua
Granada, Nicaragua

Cost of Living in Nicaragua

By Joshua Wood, LPC

Last updated on Nov 27, 2021

Summary: What is the cost of living in Nicaragua? Hear what expats, digital nomads and retirees living in Nicaragua have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in Nicaragua high?

We asked people how much they someone comfortably live on in Nicaragua, they wrote:

"Live like a Nica on $500 a month or buy your expansive colonial home and entertain lavishly. We find we can live on around $1500 a month but emergencies do happen and that does not include flights back home. The world is different now with many things being fairly expensive now like gas, flights overseas, rising food costs, etc. We do have concerns on the falling dollar," remarked another expat in Granada.

Need health insurance in Nicaragua? William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a Quote

Need health insurance in Nicaragua? William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Will I save money living in Nicaragua?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000. Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Some of Joshua's more popular articles include Pros and Cons of Living in Portugal, 8 Best Places to Live in Croatia and the Living in Mexico Guide. Connect with Joshua on LinkedIn.

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Get a quotes for international health insurance from our partner, William Russell.
Get a Quote

Living in Nicaragua GuideLiving in Nicaragua Guide

Did you know that lots of homes in Nicaragua don't have hot water? Did you know that it's very easy to meet other expats in Nicaragua? Expats share their tips for living in Nicaragua.

Nicaragua Forum Nicaragua Forum
Meet other expats and talk about living in Nicaragua.

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Expats living in Nicaragua discuss health insurance and quality of medical care in Nicaragua. Additional topics include health insurance for 65+, in-home nursing care, prescription medicines and more.

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Expats offer insight into the cost of living in Nicaragua.

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Real estate listings in popular cities and towns in Nicaragua.

Pros Cons of Living in NicaraguaPros & Cons of Living in Nicaragua

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