Cost of living comparison

 Grenada
compared to
 Nicaragua
Nicaragua vs. Grenada Cost of Living Summary

Nicaragua is 10.9% more expensive than Grenada overall.

Restaurants
pay 43.7% less in Nicaragua
Groceries
pay 19.0% less in Nicaragua
Transportation
pay 36.2% less in Nicaragua
Housing
pay 31.2% less in Nicaragua
Childcare
pay 3.1 times more in Nicaragua
Entertainment and Sports
pay 31.7% less in Nicaragua
Clothing
pay 24.2% more in Nicaragua

The cost of childcare and clothing in Nicaragua are more expensive than in Grenada. Expenses including restaurants, transportation, entertainment and sports, housing, and groceries are lower in Nicaragua. Notably, childcare is significantly more expensive in Nicaragua.

Nicaragua vs. Grenada Cost Breakdown

If you lived in Nicaragua instead of Grenada, you would:

pay 43.7% less for restaurants

 
Grenada
Nicaragua
Basic meal with drink at inexpensive restaurant $8.33
EC$22.50
$4.15
NIO152.77
Fast food combo meal
McDonalds, or similar
$8.79
EC$23.75
$5.48
NIO201.53
Bottle of Coca-Cola (11 fl. oz) $1.57
EC$4.25
$0.95
NIO35.01

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pay 19.0% less for groceries

 
Grenada
Nicaragua
Bread
1 loaf
$1.60
EC$4.33
$1.43
NIO52.74
Local cheese (8 oz) $4.32
EC$11.68
$2.35
NIO86.57
Milk (1 gallon) $17.86
EC$48.26
$4.24
NIO156.00

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pay 36.2% less for transportation

 
Grenada
Nicaragua
Gasoline (1 gallon) $5.27
EC$14.25
$5.15
NIO189.40
Monthly public transit pass $37.00
EC$100.00
$30.05
NIO1,105.63
New Volkswagen Golf 1.4 (standard edition) $24,976.41
EC$67,500.00
$18,168.72
NIO668,447.39

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pay 31.2% less for housing

 
Grenada
Nicaragua
Internet connection
50 mbps or faster, cable/dsl
$47.49
EC$128.33
$44.72
NIO1,645.44
1-Bedroom apartment in downtown area $557.56
EC$1,506.84
$308.00
NIO11,331.74
1-Bedroom apartment outside city center $305.55
EC$825.77
$281.86
NIO10,370.03

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pay 3.1 times more for childcare

 
Grenada
Nicaragua
Private preschool for 1 child, monthly $55.50
EC$150.00
$112.78
NIO4,149.22
Middle school for 1 child, two semesters $2,331.13
EC$6,300.00
$9,900.00
NIO364,231.99

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pay 31.7% less for entertainment and sports

 
Grenada
Nicaragua
Domestic/local beer (1 pint) $2.31
EC$6.25
$1.22
NIO44.80
Cappuccino in mid-range area $3.89
EC$10.50
$2.28
NIO83.88
Pack of cigarettes
Marlboro or similar
$3.70
EC$10.00
$2.97
NIO109.13

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pay 24.2% more for clothing

 
Grenada
Nicaragua
Regular jeans
Levi's brand
$25.90
EC$70.00
$42.40
NIO1,560.02
Regular dress
from H&M or similar store
$44.40
EC$120.00
$40.36
NIO1,484.85
Running shoes
Nike or Adidas
$42.55
EC$115.00
$58.79
NIO2,163.01

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
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