Cost of Living in Nicaragua

Summary of cost of living in Nicaragua:

A family of four estimated monthly costs are 1,805.2€ (1,942.6$) without rent.
A single person estimated monthly costs are 513.6€ (552.6$) without rent.
Cost of living in Nicaragua is, on average, 53.8% lower than in United States.
Rent in Nicaragua is, on average, 80.8% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	3.72 €	2.57-5.58
Meal for 2 People, Mid-range Restaurant, Three-course	27.50 €	22.30-37.17
McMeal at McDonalds (or Equivalent Combo Meal)	4.95 €	4.00-5.58
Domestic Beer (1 pint draught)	1.24 €	0.91-2.32
Imported Beer (12 oz small bottle)	1.86 €	1.62-2.79
Cappuccino (regular)	1.92 €	0.93-3.25
Coke/Pepsi (12 oz small bottle)	0.85 €	0.52-1.39
Water (12 oz small bottle)	0.68 €	0.51-1.39
Markets	Edit
Milk (regular), (1 gallon)	3.79 €	2.82-4.89
Loaf of Fresh White Bread (1 lb)	1.10 €	0.59-2.80
Rice (white), (1 lb)	0.45 €	0.28-0.59
Eggs (regular) (12)	1.73 €	1.12-1.95
Local Cheese (1 lb)	1.91 €	0.95-4.73
Chicken Fillets (1 lb)	2.18 €	1.20-2.79
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	3.30 €	1.73-4.65
Apples (1 lb)	2.09 €	1.17-3.95
Banana (1 lb)	0.62 €	0.21-0.93
Oranges (1 lb)	1.56 €	0.39-2.29
Tomato (1 lb)	0.56 €	0.37-0.77
Potato (1 lb)	0.83 €	0.46-1.26
Onion (1 lb)	0.66 €	0.46-0.88
Lettuce (1 head)	0.83 €	0.65-0.93
Water (1.5 liter bottle)	0.80 €	0.58-1.28
Bottle of Wine (Mid-Range)	9.29 €	5.58-13.94
Domestic Beer (0.5 liter bottle)	1.19 €	0.80-1.58
Imported Beer (12 oz small bottle)	1.97 €	1.43-2.22
Cigarettes 20 Pack (Marlboro)	2.72 €	2.47-3.25
Transportation	Edit
One-way Ticket (Local Transport)	0.21 €	0.09-2.00
Monthly Pass (Regular Price)	9.29 €	7.88-52.14
Taxi Start (Normal Tariff)	0.56 €	0.46-1.86
Taxi 1 mile (Normal Tariff)	0.85 €	0.79-0.97
Taxi 1hour Waiting (Normal Tariff)	9.29 €	5.33-9.29
Gasoline (1 gallon)	4.71 €	4.30-5.33
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	16,419.26 €	13,323.55-19,514.96
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	22,407.34 €	26,949.24-26,949.24
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	66.81 €	41.82-100.88
Mobile Phone Monthly Plan with Calls and 10GB+ Data	15.17 €	13.94-15.79
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	40.30 €	33.45-69.70
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	29.92 €	14.26-41.82
Tennis Court Rent (1 Hour on Weekend)	0.00 €
Cinema, International Release, 1 Seat	6.32 €	5.71-7.43
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	110.74 €	61.95-185.86
International Primary School, Yearly for 1 Child	6,899.93 €	1,672.71-13,939.26
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	41.31 €	13.94-83.64
1 Summer Dress in a Chain Store (Zara, H&M, ...)	37.99 €	18.59-65.05
1 Pair of Nike Running Shoes (Mid-Range)	73.10 €	29.71-139.39
1 Pair of Men Leather Business Shoes	55.80 €	27.88-139.39
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	299.69 €	185.86-418.18
Apartment (1 bedroom) Outside of Centre	206.18 €	139.39-325.25
Apartment (3 bedrooms) in City Centre	590.10 €	278.79-1,115.14
Apartment (3 bedrooms) Outside of Centre	438.83 €	232.32-929.28
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	82.88 €	57.27-112.23
Price per Square Feet to Buy Apartment Outside of Centre	66.51 €	34.53-86.33
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	261.13 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	14.00	9.00-18.00

Prices in Nicaragua

This country had 155 entries in the past 12 months by 18 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References