Is the cost of living in Nicaragua high?
We asked people how much they someone comfortably live on in Nicaragua, they wrote...
"The cost of living in Nicaragua is relatively low compared to other countries. Groceries and basic goods like fruits and vegetables are very affordable. Most restaurants serve meals at relatively low prices. Gasoline is also inexpensive. Transportation costs are low and public transportation is available in most cities at an affordable rate. Housing prices also range widely depending on quality and location, and there are many nice apartments and homes that are reasonably priced. Overall, Nicaragua is a great place to live when you want to keep your costs at a minimum," said a member in Nicaragua.
SJB GlobalConnect
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
"It depends. You can live the Nica life and spend about $1000 per month per couple. Take into consideration the cost of flying to the US in case of serious health issues. According to my observation life in a Small Town in the USA close to a major hospital makes more sense than living in Nicaragua," remarked another expat who made the move to Nicaragua.
Please login to continue reading this article.
Not a member? Join Today (it's free).
Other Questions:
- What do I need to know before retiring in Nicaragua?
- How do I meet people in Nicaragua?
- What is life like in Nicaragua?
- Is there a lot of crime in Nicaragua?
- Is there a lot of diversity? Are people in Nicaragua accepting of differences?
- What are the schools in Nicaragua like?
- Is the cost of living in Nicaragua high?
- What advice do you have for expats having a baby in Nicaragua?
- What are healthcare services like in Nicaragua?
- Is the cost of living in Nicaragua high?
- What type of recreational facilities are in Nicaragua?
- What is the weather like in Nicaragua?
- Are there good restaurants in Nicaragua?
- Where will I buy groceries and do other shopping in Nicaragua?
- What are the visa & residency requirements in Nicaragua?
- Are healthcare and health insurance expensive in Nicaragua?
- What do I need to know when buying property in Nicaragua?
- Are foreigners allowed to own property in Nicaragua?
- What appliances are typically included in a rental?
Is the cost of living in Nicaragua high?
If you live in Nicaragua, newcomers to Nicaragua would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.