Cost of living
Granada (Nicaragua) compared to Madriz
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Overview comparison
Granada (Nicaragua)Madriz
Consumer prices in Granada (Nicaragua) are roughly 1% higher than in Madriz.
Cost of living
| Item | Granada (Nicaragua) | Madriz |
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| Total with rent one person | 482 | 675 |
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| Total with rent family | 1,650 | 1,172 |
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| Without rent one person | 436 | 320 |
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| Without rent one family | 1,004 | 1,074 |
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| Rent & Utilities person | 195.94 | 279.38 |
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| Rent & Utilities family | 375.84 | 318.48 |
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| Food person | 347 | 303 |
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| Food family | 904 | 692 |
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| Transport person | 32.87 | 23.44 |
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| Transport family | 69.87 | 56.06 |
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| Life expectancy | 72.85 years | 72.8 years |
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Eating Out
| Item | Granada (Nicaragua) | Madriz |
|---|
| Lunch Menu | 8.68 | 6.62 |
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| Dinner in a Restaurant, for 2 | 18.93 | 12.7 |
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| Fast food meal, equiv. McDonald's | 8.76 | 5.07 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.11 | 1.45 |
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| Cappuccino | 1.72 | 2.39 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 0.99 | 0.91 |
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Rent & Utilities
| Item | Granada (Nicaragua) | Madriz |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 170.98 | 312.19 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 141.47 | 229.61 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 291.48 | 316.81 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 241.54 | 249.64 |
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| Utility Bill one person, electricity, heating, water, etc. | 24.83 | 19.76 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 46.13 | 39.55 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 36.92 | 62.57 |
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Transportation
| Item | Granada (Nicaragua) | Madriz |
|---|
| Local transport ticket | 12.57 | 12.18 |
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| Monthly ticket local transport | 1,201 | 1,264 |
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| Taxi Ride, 8 km or 5 mi | 879 | 1,059 |
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| Gas / Petrol, 1 L or 0.26 gal | 0.79 | 0.56 |
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| Mortgage Interest Rate for 20 Years | 20.46% | 14.03% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 6.21 | 5.88 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.17 | 1.27 |
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Groceries
| Item | Granada (Nicaragua) | Madriz |
|---|
| Milk, 1 L or 1 qt | 1.05 | 0.69 |
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| Bread, 0.5 kg or 1.1 lb | 0.79 | 1.01 |
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| Eggs, x12 | 1.89 | 1.71 |
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| Cheese, 1 kg or 2.2 lb | 3.92 | 3.78 |
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| Chicken Breast, 1 kg or 2.2 lb | 4.01 | 4.09 |
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| Round Steak, 1 kg or 2.2 lb | 6.12 | 8.67 |
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| Banana, 1 kg or 2.2 lb | 2.09 | 1.66 |
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| Water, 1 L or 1 qt | 0.6 | 0.67 |
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Other
| Item | Granada (Nicaragua) | Madriz |
|---|
| Gym Membership, 1 month | 15.09 | 14.55 |
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| Cinema Ticket, 1 person | 1.27 | 3.05 |
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| Doctors visit | 25.3 | 27.55 |
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| Haircut, simple | 4.23 | 4.46 |
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| Brand Jeans | 40.81 | 51.54 |
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| Brand Sneakers | 48.4 | 31.73 |
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| Daycare or Preschool, 1 month | 78.32 | 88.42 |
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| International Primary School, 1 year | 8,729 | 8,372 |
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