Prices and Cost of Living in Nicaragua

Food and beverage prices in Nicaragua

Popular food products found on store shelves in Nicaragua include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 1.46 NIO (1.46 USD) for a kilo of onions to 6.72 NIO (6.72 USD) for a kilo of beef. The price of white rice is 1.03 NIO (1.03 USD) per kilo, while a loaf of fresh white bread costs 1.31 NIO (1.31 USD) per half kilo. Bananas cost 1.19 NIO (1.19 USD) per kilo, while apples cost 4.54 NIO (4.54 USD) per kilo.

Water, available in 1.5-liter bottles, costs 0.98 NIO (0.98 USD). Dairy prices in Nicaragua, on the other hand, are as follows: 1 liter of milk costs about 1.01 NIO (1.01 USD), and 1 kilogram of locally produced cheese is an expense of 4.04 NIO (4.04 USD). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 4.97 NIO (4.97 USD) per kilo. Eggs (12 pieces per package) are an expense of about 1.85 NIO (1.85 USD), and the average price of tomatoes is 1.33 NIO (1.33 USD) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Nicaragua vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 2.1 NIO (2.1 USD), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 0.81 NIO (0.81 USD). At a fast-food restaurant such as McDonald's, you can expect to pay 6 NIO (6 USD) for a meal, whereas a meal for two at a mid-range restaurant could cost around 29.59 NIO (29.59 USD). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 4.1 NIO (4.1 USD).

How much does transportation cost in Nicaragua?

The average expense of a one-way trip using local transportation stands at approximately 0.17 NIO (0.17 USD), while a monthly ticket for public transportation has an average cost of roughly 9.57 NIO (9.57 USD). Choosing to travel by taxi would entail an initial fee of 0.96 NIO (0.96 USD), along with a per-kilometer charge of 0.64 NIO (0.64 USD).

Fuel prices in Nicaragua

Average fuel prices in Nicaragua are 48.86 NIO (1.33 USD) per liter of gasoline and 43.1 NIO (1.18 USD) per liter of diesel.

How much does it cost to rent an apartment in Nicaragua?

The cost of renting or buying an apartment in Nicaragua varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 206 NIO (206 USD) per month, while the same type of apartment in the city center can cost around 268 NIO (268 USD) per month. In comparison, the purchase price of an apartment in the city center is 939 NIO (939 USD) per square meter.