Cost Of Living In Nicaragua

Many Americans are attracted to Nicaragua because of the low cost of living.  Yet these same people are often drawn to touristy areas and wonder where all of the bargains are.

The truth is, you can live extremely cheaply in Nicaragua but don’t expect to have all the same amenities you likely do today.

For instance, in the cheaper areas, utilities are spotty at best. And while you might get more of the services that you’re used to stateside in a place like San Juan del Sur, prices are going to look a lot closer to what you’re paying at home too.

Below you’ll find a chart of average prices across Nicaragua in US$ at the prevailing exchange rate (August 2016).

Highlighting some of the particulars…

You can get a decent meal for 1 at an inexpensive restaurant for US$7. A meal at McDonald’s will set you back US$6.

Local beer is less than a buck, as is a liter of milk. If you’d like to take a taxi to town, you’ll pay about US$18 for 30 km (19 miles).  And if you’d like the taxi driver to wait for an hour while you shop, you’ll pay just over US$6.

Electricity should run you around US$60 and decent internet slightly over US$50. Rents vary depending on the area but you can easily find something for under US$500 a month.

Please take a look at the table below to get a better idea of the average cost of living in Nicaragua.

Eating Out

Grocery Shopping

Transportation Cost

Cost Of Utilities

Sports And Leisure

Cost Of Clothing And Shoes

Rent In Nicaragua

Purchasing Real Estate