Cost of Living in Managua

Summary about cost of living in Managua, Nicaragua:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 5.20 $ 3.00-10.00
Meal for 2 People, Mid-range Restaurant, Three-course 30.00 $ 20.00-60.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.55 $ 5.00-6.00
Domestic Beer (1 pint draught) 1.14 $ 0.80-1.75
Imported Beer (12 oz small bottle) 2.50 $ 1.52-3.00
Cappuccino (regular) 1.87 $ 1.07-2.75
Coke/Pepsi (12 oz small bottle) 0.81 $ 0.58-1.00
Water (12 oz small bottle) 0.77 $ 0.70-1.00
Markets
Edit
Milk (regular), (1 gallon) 3.42 $ 2.84-3.79
Loaf of Fresh White Bread (1 lb) 1.05 $ 0.69-2.07
Rice (white), (1 lb) 0.64 $ 0.44-1.00
Eggs (regular) (12) 2.14 $ 1.20-3.35
Local Cheese (1 lb) 0.90 $ 0.45-1.36
Chicken Fillets (1 lb) 2.56 $ 2.25-2.90
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.71 $ 2.50-6.10
Apples (1 lb) 1.79 $ 1.59-2.00
Banana (1 lb) 0.56 $ 0.38-0.76
Oranges (1 lb) 0.94 $ 0.74-1.13
Tomato (1 lb) 0.70 $ 0.50-0.91
Potato (1 lb) 0.99 $ 0.68-1.30
Onion (1 lb) 0.51 $ 0.47-0.54
Lettuce (1 head) 0.90 $ 0.80-1.00
Water (1.5 liter bottle) 0.75 $ 0.70-0.80
Bottle of Wine (Mid-Range) 8.00 $ 6.00-11.43
Domestic Beer (0.5 liter bottle) 1.10 $ 0.49-1.84
Imported Beer (12 oz small bottle) 2.21 $ 2.00-2.44
Cigarettes 20 Pack (Marlboro) 3.35 $ 3.00-6.00
Transportation
Edit
One-way Ticket (Local Transport) 0.08 $ 0.08-0.20
Monthly Pass (Regular Price) 10.00 $ 6.60-24.00
Taxi Start (Normal Tariff) 2.00 $ 1.00-2.00
Taxi 1 mile (Normal Tariff) 2.39 $ 1.47-3.22
Taxi 1hour Waiting (Normal Tariff) 6.55 $ 5.00-10.00
Gasoline (1 gallon) 3.86 $ 3.22-4.04
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 17,000.00 $ 15,427.61-18,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,345.59 $ 22,000.00-25,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 76.68 $ 50.00-130.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.29 $ 0.10-0.46
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.16 $ 40.00-120.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 29.22 $ 12.30-40.00
Tennis Court Rent (1 Hour on Weekend) 26.25 $ 20.00-30.00
Cinema, International Release, 1 Seat 6.25 $ 4.60-10.25
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 129.40 $ 100.00-150.00
International Primary School, Yearly for 1 Child 3,432.37 $ 1,800.00-6,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 50.20 $ 10.00-70.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 38.20 $ 15.00-58.60
1 Pair of Nike Running Shoes (Mid-Range) 85.82 $ 48.84-117.20
1 Pair of Men Leather Business Shoes 94.22 $ 50.00-120.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 199.91 $ 149.27-400.00
Apartment (1 bedroom) Outside of Centre 181.25 $ 150.00-250.00
Apartment (3 bedrooms) in City Centre 446.25 $ 300.00-750.00
Apartment (3 bedrooms) Outside of Centre 344.76 $ 250.00-500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 90.06 $ 55.74-111.48
Price per Square Feet to Buy Apartment Outside of Centre 49.46 $ 27.87-83.61
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 336.19 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.41 9.50-15.00

Prices in Managua

This city had 138 entries in the past 12 months by 14 different contributors.
Last update: January 2021
Sources and References
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8 Comments so far
Anonymous on Jan 08, 2021:
We are trying to sneak out of Managua before Ortega unleashes more violence on citizens.Last Tuesday 7 people were kill by military for being out after the 8pm curfew
Helen raziuddin on Nov 01, 2020:
Managua nicaragua is absolutely a,gorgeous,country the further you go into exploring,it is a third world country...the beaches are breath taking..just a very beautiful country...ive been 3 times i love it.....i suggest u should visit there...
Anonymous on Aug 11, 2019:
Anonymous post June 11, Stop lieing whomever you are.I left Managua along with other expats last year.Granada and Leon are basically deserted by expats and tourism has dried up throughout Nicaragua.Theres nothing cheap about living in Managua lived there almost 15 years so cut the bullshit.Many native Nicaraguans fled to Costa Rica by the tens of thousands for obvious reasons.
Anonymous on Jun 11, 2019:
It's not dangerous like people want you to believe, I just moved here two months ago and I've been loving every single minute of it! it's super cheap, food is great
Anonymous on Mar 19, 2019:
If you like major gunfire dangerous situations throughout the country then move to Nicaragua,but wear body armour at all times even when you sleep.
Anonymous on Mar 07, 2019:
The majority of expats left Managua at least the smart ones like me and my wife in January too dangerous.
Carlos on Apr 09, 2018:
Does anybody know if houses have air conditioner? I know is some parts of Latin America you won't find them, but not sure in Managua because the weather seem to be pretty hot.
Ron on May 12, 2017:
A few of the prices seem wring. Nearly $410 per month net wage? More like $150 a month working 60 hour weeks. I know of a psychiatrist with 30. Years working at government hospital earning $500 a month gross.
My average electric is $12, water $4, garbage $4.
Rent of 3 bedroom, 2 bath in the best part of town $400.
Internet at 6 mbps is $28 unlimited. Taxi anywhere in town $2 or less.
You can just about forget repairing anything. Even if they knew how, there are no parts.
I have lived in 4 Latin countries the last 4 years. Panama is cheapest, Costa Rica by far the highest. But Nicaraguas attraction is low crime and low drug use. That makes it the safest.