Are you considering a move to Managua, Nicaragua, and wondering about the cost of living? Managua is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Managua and help you understand whether $1205 per month is moderately priced, given the average monthly salary of $285.82.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
4.92 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
29.18 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
6.0 $ |
|
|
Domestic Beer (1 pint draught) |
1.23 $ |
|
|
Imported Beer (12 oz small bottle) |
2.6 $ |
|
|
Cappuccino (regular) |
2.17 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
0.75 $ |
|
|
Water (12 oz small bottle) |
0.78 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.11 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
1.52 $ |
|
|
Rice (white), (1 lb) |
1.61 $ |
|
|
Eggs (regular) (12) |
2.04 $ |
|
|
Local Cheese (1 lb) |
4.69 $ |
|
|
Chicken Fillets (1 lb) |
5.06 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.35 $ |
|
|
Apples (1 lb) |
4.81 $ |
|
|
Banana (1 lb) |
1.07 $ |
|
|
Oranges (1 lb) |
1.71 $ |
|
|
Tomato (1 lb) |
1.53 $ |
|
|
Potato (1 lb) |
2.46 $ |
|
|
Onion (1 lb) |
1.21 $ |
|
|
Lettuce (1 head) |
0.75 $ |
|
|
Water (1.5 liter bottle) |
0.93 $ |
|
|
Bottle of Wine (Mid-Range) |
9.62 $ |
|
|
Domestic Beer (0.5 liter bottle) |
1.35 $ |
|
|
Imported Beer (12 oz small bottle) |
2.17 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
3.0 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
0.19 $ |
|
|
Monthly Pass (Regular Price) |
7.24 $ |
|
|
Taxi Start (Normal Tariff) |
2.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
0.78 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
10.0 $ |
|
|
Gasoline (1 gallon) |
1.26 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
17076.39 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
22061.84 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
67.0 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
51.98 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
58.33 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
-- |
|
|
Cinema, International Release, 1 Seat |
7.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
188.25 $ |
|
|
International Primary School, Yearly for 1 Child |
5300.0 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
63.56 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
51.54 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
101.63 $ |
|
|
1 Pair of Men Leather Business Shoes |
96.4 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
262.5 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
200.0 $ |
|
|
Apartment (3 bedrooms) in City Centre |
531.31 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
366.9 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
758.34 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
655.53 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
285.82 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
13.19 % |
|
The monthly expenses for living in Managua come to a total of approximately $1205. This includes an average monthly rent of around $262 for a one-bedroom apartment in the city center, along with utilities costing about $92 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $471 per month.
Living in Managua appears to be relatively budget-friendly when considering the average monthly income of $285.82. However, to enjoy a comfortable standard of living in Managua, you would likely need an income exceeding $285.82.
In Managua, the average monthly post-tax salary hovers around $285.82, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Managua is approximately $262. If you're open to living in a location outside the city center, you can expect to pay around $200.0 for such an apartment.
The expense for groceries in Managua can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $389 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in Nicaragua can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Nicaragua.
In general, Managua is safe, but you need to use common sense and monitor your surroundings. At markets and train stations, in crowded places, many pickpockets are operating. At night on the outskirts of the city, it is unsafe, and it is better not to walk alone.
Public transport is well developed, and you can use it to move around the city. However, there are many pickpockets, and you need to keep track of your things. Taxi is a convenient and safe mode of transport. Make sure the driver uses a taximeter and keep the windows closed during the trip.
There are many pickpockets, especially at bazaars and train stations. In crowded places, watch your pockets especially closely. Be mindful of your surroundings. Do not communicate with strangers and those who are trying to distract you.
Natural disasters. Managua is prone to seismic and volcanic activity, hurricanes, severe storms, and floods. Examine the environment for this risk before you travel to Managua.
Managua’s grave armed robberies are rather rare. However, in the suburbs and low-lit areas, this can happen. Usually, criminals want to get all the money and values of the victim. Therefore, if you were attacked, to save your life, do not resist and give everything you require. Then contact the police.
Although there is no recent history of terrorism in Managua, the possibility of attacks cannot be ruled out. To ensure your safety from this risk, study the situation in the country and city before your visit here. Avoid political and other rallies and gatherings of people.
Fraud is not common, but there are times when tourists try to sell fake things, nonexistent excursions, or souvenirs at inflated prices. Also, make sure that the taxi driver turns on the taximeter. Or discuss the cost of the trip in advance.
Women can travel safely to Managua, but common sense should be used: do not walk alone at night on the city streets, do not get drunk in bars, and do not attract too much attention to provocative clothes or behavior.
Visitors to Nicaragua must obtain a visa from one of the Nicaraguan diplomatic missions unless they come from one of the visa-exempt countries or countries that can obtain a visa on arrival. All visitors must hold a passport valid for 6 months.
The córdoba is the official currency of Nicaragua. It is divided into 100 centavos. The money has a sign: C$ and code: NIO. The first córdoba was introduced in 1912.
The best time to visit Managua, Nicaragua, is during the dry season, between December and April. The weather will be slightly warm, and there will be little to no rain.
Augusto C. Sandino International Airport is the main joint civil-military public international airport in Managua, Nicaragua. It located 11 km from the city center. The airport is currently the fifth busiest airport by passenger traffic in Central America.
The travel insurance policy is a must when visiting a foreign country. Make sure you got it before starting your journey, the customs officer may ask for it.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 89°F | 91°F | 93°F | 94°F | 92°F | 89°F | 89°F | 90°F | 89°F | 88°F | 89°F | 89°F |
| Temp | 80°F | 81°F | 82°F | 84°F | 84°F | 81°F | 81°F | 81°F | 80°F | 80°F | 80°F | 80°F |
| Low | 71°F | 71°F | 73°F | 75°F | 76°F | 75°F | 74°F | 74°F | 74°F | 74°F | 72°F | 71°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 31°C | 32°C | 33°C | 34°C | 33°C | 31°C | 31°C | 32°C | 31°C | 31°C | 31°C | 31°C |
| Temp | 26°C | 27°C | 27°C | 28°C | 28°C | 27°C | 27°C | 27°C | 26°C | 26°C | 26°C | 26°C |
| Low | 21°C | 21°C | 22°C | 23°C | 24°C | 23°C | 23°C | 23°C | 23°C | 23°C | 22°C | 21°C |