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 who made the move to Granada, Nicaragua.
"The cost of living in Nicaragua is relatively low compared to other countries. Groceries and basic goods like fruits and vegetables are very affordable. Most restaurants serve meals at relatively low prices. Gasoline is also inexpensive. Transportation costs are low and public transportation is available in most cities at an affordable rate. Housing prices also range widely depending on quality and location, and there are many nice apartments and homes that are reasonably priced. Overall, Nicaragua is a great place to live when you want to keep your costs at a minimum," explained one expat living in Nicaragua.
Get Quote
Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Allianz Care's plans ensure that you have access to quality healthcare whenever you need it. Our flexible solutions allow you to tailor your cover to meet your needs and budget. You can submit your claims digitally and our helpline is available 24/7 to help you anytime.
Get Quote
Please login to continue reading this article.
Not a member? Join Today (it's free).
Other Questions:
- What do I need to know before retiring in Nicaragua?
- How do I meet people in Nicaragua?
- What is life like in Nicaragua?
- Is there a lot of crime in Nicaragua?
- Is there a lot of diversity? Are people in Nicaragua accepting of differences?
- What are the schools in Nicaragua like?
- Is the cost of living in Nicaragua high?
- What advice do you have for expats having a baby in Nicaragua?
- What are healthcare services like in Nicaragua?
- Is the cost of living in Nicaragua high?
- What type of recreational facilities are in Nicaragua?
- What is the weather like in Nicaragua?
- Are there good restaurants in Nicaragua?
- Where will I buy groceries and do other shopping in Nicaragua?
- What are the visa & residency requirements in Nicaragua?
- Are healthcare and health insurance expensive in Nicaragua?
- What do I need to know when buying property in Nicaragua?
- Are foreigners allowed to own property in Nicaragua?
- What appliances are typically included in a rental?
Is the cost of living in Nicaragua high?
If you live in Nicaragua, newcomers to Nicaragua would love to hear your answer to this question.
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.