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Brian Giles – Best Places In The World To Retire User Account
My wife and I live in a small town close to Masaya. We budget $1000 USD a month for everything, including gas ,housekeeper 3 days a week, and restaurants. Everything depends on how a person wants to live.
Alan Makurat – Best Places In The World To Retire User Account
Gran Pacifica, a gated community in the Pacific coast of Nicaragua – Best Places In The World To Retire – International LivingThe cost of living in Managua, like most of the world, is determined by where you live. My wife and I budget around 1,000 USD for routine monthly expenses including water, sewer, electric and security.  Our budget also includes our cleaning lady and gardener.  We do not have full time cleaning or gardening.
 
We live in a gated community about 11.5 KM from Managua which entails extra cost but we feel it is well worth it.  We have friends who do not have security at their house and have had electronics stolen from them.  On the whole, gasoline and electricity are more expensive than in the US. Buying US name brand items in the grocery store is also much more expensive than in the US due to the shipping costs.  Basic car insurance (which doesn't cover much of anything but keeps you from getting a ticket) costs about 5 USD per month.
 
(Gran Pacifica, a gated community on the Pacific coast of Nicaragua, pictured.)
Diony Fuentes of Liv Nicaragua – Best Places In The World To Retire User Account

The cost of living in Managua depends on your lifestyle. Generally, the cost of living in Managua is a lot cheaper than in Granada or Masaya because those cities are visited a lot by tourists, so the prices of ordinary things are higher than in Managua. 

Living in Managua will cost you around US $1,000 per month and that includes electricity, water, rent and a maid. The rent for a 2-bedroom, 1-bathroom house with a little patio is about $300 - $400 per month, although, his will not be in the best or safest places in Managua, meaning this is not a gated area and it doesn't have security guards. This is in the working class area of Managua where people go to work to earn a living. There are no expats in this area, either. 

For a $2,500 total budget for all expenses, you can rent a really nice 2-story house with 2-3 bedrooms, 2-3 bathrooms (1 in each bedroom) and 1 common bathroom, a couple of patios, a have a maid and a nice car. There is for a really nice community here, which is about 11 minutes away from Managua, called Las Colinas. It’s a nice place and even though it is not a gated community it is still really safe. People who live here are doctors, business owners in Managua, and some politicians.

In the nicest parts of Managua such as Santo Domingo (11 minutes away by car), fancy houses may cost up to $1,000 to $1,500 per month and you can live on a budget of $4,000 - $5,000 per month. You’ll have a really nice house with 4 bedrooms, 3 bathrooms, 2 living areas, a big garden and a pool with security cameras. You’ll have a really nice car, a couple of maids and send the kids to private schools. The people who live in Santo Domingo are ambassadors, politicians, and expats.

Maria Acosta of Title Coordination Services (TCS) – Best Places In The World To Retire User Account
The cost of living here in Managua has been going up. Just recently, there has been a drought, so food prices have automatically increased. Gas and oil prices have also been going up, which of course affects the prices of food and so forth. Right now, gas costs about US $5 a gallon in Managua.
 
Compared to the US, there are things that are less expensive here in Managua. For example, you can have help (anything from a maid, gardener or a chauffeur) here in Managua at a much lesser cost. You’ll only have to pay more or less $250 a month for full time.
 
In places with higher elevation like in the hills around the city, your overall cost for electricity is much less because there’s a nice breeze and you can sleep with your windows open, so you don’t need to use your air conditioner. If you only use air conditioning at night, the cost of electricity would probably be around $300 - $400 a month. However, if you are at a lower elevation, a fan won’t be enough, so you really need your air-conditioning, or it would be too hot.
 
From a Nicaraguan perspective, houses in Managua are a bit expensive. However, you can find less expensive housing if you get out of the city. Even the electricity and the water are less expensive in other smaller cities and towns.

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