Cost of living in Granada
Granada, a picturesque city in Nicaragua, is known for its colonial architecture and vibrant culture. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $4 on average, with a range between $3.5 and $6.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $27, with prices ranging from $16 to $40.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $5, with a range between $4 and $6.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1 to $2.5, imported beer is consistently $2, cappuccino $1 to $3.5, and Coke/Pepsi $1 to $1.5.
Grocery Prices
- Milk - Milk is priced between $0.8 and $1.5 per liter, averaging $1.13.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.5 and $1.88, with an average price of $1.31.
- Eggs (Dozen) - A dozen eggs range from $1.2 to $2, averaging $1.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $4 to $9.37 per kg, while oranges average $4.41 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.76 and $2.76 per kg, and lettuce costs $1 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket is very affordable at $0.1.
- Fuel (Gasoline) - Gasoline is priced between $1.19 and $1.34 per liter.
- Taxi Fares - Taxi fares start at $0.6, with a cost of $0.6 per km.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $300 to $450, averaging $383.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $200 to $350, averaging $275.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $400 to $800, averaging $566.67.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $300 to $700, averaging $443.33.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $50 and $53.13, averaging $51.56.
- Internet - Internet services range from $40 to $45, with an average cost of $41.67.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Granada offers a relatively low cost of living, especially in terms of dining and transportation. Housing is affordable, particularly outside the city centre.
Grocery prices are reasonable, though some imported items like apples can be more expensive. Utilities and internet costs are also quite manageable.
Conclusion
Overall, Granada, Nicaragua, presents an affordable living option with its low costs in dining, transportation, and housing. This makes it an attractive destination for expatriates and long-term visitors.
Potential residents should consider the balance between city centre convenience and the lower costs of living outside the centre. With careful budgeting, living in Granada can be both enjoyable and economical.