Cost of living and expenses in Nicaragua

Food Restaurants Cost Of Living Entertainment

What are the costs of living, how much do you have to spend on fees and expenses in Nicaragua? What is the cost of a mortgage, what are the average earnings in Nicaragua, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Nicaragua (The last update: 6 days ago)

See also: food prices   Prices in restaurants   entertainment costs  

Currency in Nicaragua Nicaraguan córdoba (NIO). For 10 US dollars you can get 368 Nicaraguan córdobas. For 100 US dollars you can get 3.68 thousand Nicaraguan córdobas. And the other way around: For 100 Nicaraguan córdobas you can get 2.72 US dollars.


What are the different prices in the cities in Nicaragua? Look here: Prices in cities in Nicaragua

Prices: Managua   Jinotega   Matagalpa   Granada   León   San Juan del Sur   Jinotepe   Estelí  


Price fees $72 ($45 - $109)

fees

$72 ($45 - $109)
65% is less expensive than in United States

Price internet $52 ($39 - $120)

internet

$52 ($39 - $120)
27% is less expensive than in United States

Price jeans $44 ($15 - $90)

jeans

$44 ($15 - $90)
15% is less expensive than in United States

Price average earnings $281

average earnings

$281
94% is less expensive than in United States

Price renting a small apartment in the center $323 ($200 - $450)

renting a small apartment in the center

$323 ($200 - $450)
82% is less expensive than in United States

Price renting a large apartment outside the center $472 ($250 - $1K)

renting a large apartment outside the center

$472 ($250 - $1K)
80% is less expensive than in United States

The cost of living in Nicaragua:

  1. One-way Ticket (Local Transport) $0.23 (NIO 8.3)
  2. Monthly Pass (Regular Price) $9.2 (NIO 340)
  3. Gasoline (1 liter) $1.3 (NIO 49)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $20.5K (NIO 754K)
  5. Apartment (1 bedroom) in city centre $323 (NIO 11.9K)
  6. Apartment (1 bedroom) outside of centre $222 (NIO 8.16K)
  7. Apartment (3 bedrooms) in city centre $635 (NIO 23.4K)
  8. Apartment (3 bedrooms) outside of centre $472 (NIO 17.4K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $72 (NIO 2.64K)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $52 (NIO 1.91K)
  11. numb_34 $16.3 (NIO 601)
  12. 1 pair of jeans (Levis 501 or similar) $44 (NIO 1.64K)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $41 (NIO 1.5K)
  14. 1 pair of Nike running shoes or similar $79 (NIO 2.89K)
  15. 1 pair of men's leather shoes $60 (NIO 2.21K)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $27.7K (NIO 1.02M)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $119 (NIO 4.38K)
  18. Price per square meter for an apartment in the city center $960 (NIO 35.3K)
  19. International Primary School, Annually for 1 Child $7.43K (NIO 273K)
  20. Price per square meter for an apartment outside of city centre $770 (NIO 28.3K)
  21. Average Monthly Net Salary (After Tax) $281 (NIO 10.3K)
  22. Mortgage annual interest rate in percentages (%) 14%
  23. Taxi starting fare (normal tariff) $0.6 (NIO 22)
  24. Taxi 1km (Normal Tariff) $0.57 (NIO 21)
  25. Taxi 1 hour waiting (normal tariff) $10 (NIO 368)
source: hikersbay.com & numbeo.com

Do you want to learn more about different prices? See the following comparison:

Price Burger King or a similar bar $5.6 ($4.3 - $8)

Burger King or a similar bar

$5.6 ($4.3 - $8)
by half less than in United States

Price bananas $1.5 ($0.5 - $2.2)

bananas

$1.5 ($0.5 - $2.2)
12% is less expensive than in United States

Price cheap restaurant $4 ($2.8 - $6)

cheap restaurant

$4 ($2.8 - $6)
80% is less expensive than in United States

Price coffee $2 ($1 - $3.5)

coffee

$2 ($1 - $3.5)
61% is less expensive than in United States

Price cheese $4.5 ($2.3 - $11.2)

cheese

$4.5 ($2.3 - $11.2)
65% is less expensive than in United States

Price rice $1.1 ($0.66 - $1.4)

rice

$1.1 ($0.66 - $1.4)
76% is less expensive than in United States