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Nicaragua | Is the cost of living in Nicaragua high? | Expat Exchange
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Granada, Nicaragua

Is the cost of living in Nicaragua high?

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

"It depends. You can live the Nica life and spend about $1000 per month per couple. Take into consideration the cost of flying to the US in case of serious health issues. According to my observation life in a Small Town in the USA close to a major hospital makes more sense than living in Nicaragua," remarked another expat who made the move to Nicaragua.

"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, Nicaragua.

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Is the cost of living in Nicaragua high?

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About the Author

Joshua Wood 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.

Granada, Nicaragua

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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