Cost of Living in Nicaragua

Summary of cost of living in Nicaragua:

A family of four estimated monthly costs are 1,819.7€ (1,951.7$) without rent.
A single person estimated monthly costs are 519.3€ (557.0$) without rent.
Cost of living in Nicaragua is, on average, 53.0% lower than in United States.
Rent in Nicaragua is, on average, 80.9% lower than in United States.

Restaurants	Edit	Range
Meal, Inexpensive Restaurant	3.73 €	2.58-6.53
Meal for 2 People, Mid-range Restaurant, Three-course	27.59 €	18.65-37.29
McMeal at McDonalds (or Equivalent Combo Meal)	5.59 €	4.66-7.73
Domestic Beer (1 pint draught)	1.27 €	0.92-3.59
Imported Beer (12 oz small bottle)	1.86 €	1.62-2.89
Cappuccino (regular)	1.92 €	0.93-3.26
Coke/Pepsi (12 oz small bottle)	0.89 €	0.52-1.40
Water (12 oz small bottle)	0.74 €	0.51-1.36
Markets	Edit
Milk (regular), (1 gallon)	3.80 €	2.83-4.91
Loaf of Fresh White Bread (1 lb)	1.11 €	0.59-2.81
Rice (white), (1 lb)	0.46 €	0.28-0.59
Eggs (regular) (12)	1.73 €	1.12-1.96
Local Cheese (1 lb)	1.91 €	0.95-4.75
Chicken Fillets (1 lb)	2.18 €	1.20-2.80
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	3.31 €	1.74-4.66
Apples (1 lb)	2.10 €	1.18-3.96
Banana (1 lb)	0.63 €	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 €	0.47-1.26
Onion (1 lb)	0.66 €	0.47-0.89
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)	9.32 €	5.59-13.99
Domestic Beer (0.5 liter bottle)	1.20 €	0.80-1.59
Imported Beer (12 oz small bottle)	1.97 €	1.43-2.22
Cigarettes 20 Pack (Marlboro)	2.73 €	2.48-3.26
Transportation	Edit
One-way Ticket (Local Transport)	0.21 €	0.09-2.01
Monthly Pass (Regular Price)	8.61 €	4.18-52.31
Taxi Start (Normal Tariff)	0.56 €	0.47-1.86
Taxi 1 mile (Normal Tariff)	0.85 €	0.79-0.98
Taxi 1hour Waiting (Normal Tariff)	9.32 €	5.35-9.32
Gasoline (1 gallon)	4.72 €	4.32-5.35
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	19,113.52 €	18,647.34-19,579.71
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	25,795.49 €	23,309.17-27,038.64
Utilities (Monthly)	Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	67.03 €	41.96-101.21
Mobile Phone Monthly Plan with Calls and 10GB+ Data	15.22 €	13.99-15.84
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	48.41 €	36.28-111.88
Sports And Leisure	Edit
Fitness Club, Monthly Fee for 1 Adult	30.02 €	14.31-41.96
Tennis Court Rent (1 Hour on Weekend)	0.00 €
Cinema, International Release, 1 Seat	6.53 €	5.73-7.46
Childcare	Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	111.11 €	62.16-186.47
International Primary School, Yearly for 1 Child	6,922.82 €	1,678.26-13,985.50
Clothing And Shoes	Edit
1 Pair of Jeans (Levis 501 Or Similar)	41.45 €	13.99-83.91
1 Summer Dress in a Chain Store (Zara, H&M, ...)	38.12 €	18.65-65.27
1 Pair of Nike Running Shoes (Mid-Range)	73.34 €	29.81-139.86
1 Pair of Men Leather Business Shoes	55.98 €	27.97-139.86
Rent Per Month	Edit
Apartment (1 bedroom) in City Centre	300.69 €	186.47-419.57
Apartment (1 bedroom) Outside of Centre	206.87 €	139.86-326.33
Apartment (3 bedrooms) in City Centre	592.05 €	279.71-1,118.84
Apartment (3 bedrooms) Outside of Centre	440.28 €	233.09-932.37
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	83.15 €	57.46-112.60
Price per Square Feet to Buy Apartment Outside of Centre	66.73 €	34.65-86.62
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	261.99 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	14.00	9.00-18.00

Prices in Nicaragua

This country had 162 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