Cost of Living in Granada, Nicaragua

Last updated on Jul 07, 2023

Summary: The cost of living in Granada, Nicaragua is relatively low compared to other countries. A nice one bedroom apartment in Granada can cost around $200 to $400 per month in US Dollars, while a nice two bedroom apartment can cost around $400 to $600 per month. Dinner at a moderately priced restaurant in Granada can cost around $10 to $15 per person in US Dollars.

Is the cost of living in Granada high?

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

"The cost of living in Granada is relatively low compared to other cities in the region. Basic necessities such as food, transportation, and housing are all quite affordable. Eating out at restaurants is also quite inexpensive, with meals costing around $3-5 USD. Utilities such as electricity and water are also quite affordable, with monthly bills typically ranging from $20-50 USD. Overall, Granada is a great place to live if you are looking for a low cost of living," wrote a person living in Granada.

"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," explained one expat living in Granada.

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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.