Cost of living and prices in Matagalpa, prices of food, rent, shopping, etc. 🇳🇮
Updated Jul 2023

Matagalpa is a city nestled in the heart of Nicaragua, located in Central America. Situated at 12.92901 latitude and -85.91512 longitude, Matagalpa is home to a population of 133,416 people.

Despite being one of the largest cities in Nicaragua, Matagalpa is known for its affordable cost of living. The city offers a relatively low cost of housing, food, and transportation, making it an attractive option for those seeking a more affordable lifestyle. In addition to its affordability, Matagalpa boasts a rich culture, beautiful natural scenery, and a warm and welcoming community.

Those living in Matagalpa have the opportunity to explore the city's many cafes, restaurants, and shops, and can enjoy the area's scenic parks and outdoor spaces. With its affordable cost of living and vibrant community, Matagalpa is a great choice for anyone looking to experience the best of Nicaragua.

Cost of Living Estimate in Matagalpa

Total cost of living in Matagalpa for two person with average consumption for one month will be 533.37 USD, no rent price included. Click here to calculate cost-of-living estimate in Matagalpa

You can calculate cost of living in Matagalpa by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Traveling to Matagalpa, Nicaragua is an exciting opportunity to experience the local cuisine. Like most places in Nicaragua, food options are centered on traditional dishes including rice, beans, and plantains. A popular local dish is "gallo pinto", which consists of rice and beans mixed together with spices and vegetables. Additionally, there are several delicious pizzerias in Matagalpa that cater to the tourist crowd. These restaurants offer a variety of toppings, including local ingredients like plantains and beans.

Another interesting option when dining out in Matagalpa is to visit the local markets. The markets offer an opportunity to sample typical street food options such as tacos, burritos, and quesadillas. The street food is typically very affordable and can be a great way to experience the local culture. If you're looking for a more upscale dining experience, there are several restaurants in Matagalpa that offer a fusion of traditional Nicaraguan cuisine with international flavors. These restaurants often have a full bar and impressive wine lists, making them the perfect place to relax and unwind after a long day of exploring Matagalpa.

Meal in Inexpensive Restaurant
2.58 $
Meal for 2 People, Mid-range Restaurant, Three-course
23.50 $
McMeal at McDonalds or Alternative Combo Meal
4.30 $
Domestic Beer, 0.5 liter Draught
0.86 $
Imported Beer, 0.33 liter Bottle
1.72 $
Cappuccino
1.43 $
Coca-Cola, 0.33 liter Bottle
0.89 $

Markets prices

When it comes to market prices in Matagalpa, Nicaragua, one thing you'll notice is the abundance of fresh produce. Fruits, vegetables, and spices are readily available at affordable prices, making it easy to eat healthily and affordably. Whether you prefer to shop at the Central Market or a local vendor, you can find everything from ripe avocados to juicy mangos to plump tomatoes. Not only is the produce fresh and affordable but the taste is rich and full of flavor, making for a delightful culinary experience.

If you are looking for more than just fresh produce, the Matagalpa market has plenty of other goods available to browse. Local artisans offer handmade crafts, leather goods, and textiles. There are also vendors selling meats, fish, and eggs. One can also find bakeries that sell delicious baked goods and desserts. With a variety of goods to choose from and affordable pricing, shopping at the Matagalpa market is a perfect way to experience the local culture and support small businesses.

Water, 0.33 liter Bottle
0.43 $
Milk, Regular,1 liter
0.80 $
Loaf of Fresh White Bread, 0.5 kg
0.76 $
White Rice, 1 kg
0.96 $
Eggs, 12 pack
1.72 $
Local Cheese, 1 kg
3.46 $
Chicken Breasts, Boneless and Skinless, 1 kg
2.84 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
4.11 $
Apples, 1 kg
6.32 $
Tomato, 1 kg
1.01 $
Potato, 1 kg
1.14 $
Onion, 1 kg
1.79 $
Lettuce, 1 head
0.86 $
Water, 1.5 liter Bottle
0.72 $
Bottle of Wine, Mid-Range Price
2.58 $
Domestic Beer, 0.5 liter Bottle
0.86 $
Imported Beer, 0.33 liter Bottle
1.60 $
Pack of Cigarettes
1.72 $

Transportation prices

When it comes to traveling around Matagalpa, Nicaragua, there are a few interesting transportation options that you should consider. One of the most popular ones is local buses, which are an affordable and authentic way to explore the area. Local buses in Matagalpa are often packed with people and their belongings, which might be uncomfortable for some travelers, but it's undoubtedly an exciting experience. Also, buses don't have specific schedules, so you need to be flexible with your plans. Overall, local buses are an excellent option if you're looking for a budget-friendly and immersive trip.

If you're interested in a more comfortable way to get around, you can hire a private taxi in Matagalpa. Private taxis are more expensive than local buses, but they offer unmatched convenience and safety. You can negotiate a fare with your driver upfront, so you don't have to worry about unexpected expenses. Moreover, private taxis are suitable for travelers who have a tight schedule and want to maximize their time in Matagalpa. In summary, private taxis are a bit pricier than buses, but they're an excellent investment if you're looking for a hassle-free trip.

Taxi Start, Normal Tariff
0.43 $
Taxi, price for 1 km, Normal Tariff
0.50 $
Taxi, price for 1 hour Waiting, Normal Tariff
5.73 $
Gasoline, 1 liter
1.07 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
14,337.44 $

Utilities Per Month prices

Utilities cost in Matagalpa are generally lower than in many other cities in Nicaragua. The cost of electricity and water is reasonable and doesn't put a huge burden on travelers' budgets. However, internet costs can be a bit high, especially if you plan to work remotely or need to stay connected while traveling. It's best to research the available internet options ahead of time and budget accordingly.

It's important to note that while utilities may be cheaper in Matagalpa compared to other cities in the country, it's still important to be mindful of energy and water usage. Conserving energy and water resources not only saves money, but it also helps to protect the environment. Many locals in Matagalpa practice sustainable living, so you'll find that the city has a focus on conservation efforts. Overall, utilities cost in Matagalpa are reasonable and manageable, but travelers should still be mindful of their usage and budget accordingly.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
51.04 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.20 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
45.88 $

Sports And Leisure prices

Matagalpa, Nicaragua is a paradise for sports enthusiasts. The hills surrounding the city, beautiful rocky landscapes, and fresh air provide the perfect setting for a wide range of outdoor activities. Horseback riding and trekking are very popular here, but you can also find places for mountain biking or climbing. The forests around Matagalpa are full of birds, providing birdwatchers the chance to observe exotic species. In town, there are several well-maintained sports clubs offering soccer, basketball, and tennis fields for locals and visitors who want to practice sports. No matter what your skill level, there’s something here for everyone.

When it comes to leisure, Matagalpa offers many interesting options. First, coffee plantations and cooperatives welcome visitors who want to learn more about the coffee-making process and sample local coffee. Chocolate lovers will also appreciate the chance to visit cacao plantations and see how chocolate is made. The city boasts several museums that showcase Nicaraguan art and history. In addition, there are many parks and green spaces where people can relax, have picnics, and enjoy the beautiful weather. Whether you come for sports or leisure, Matagalpa is a vibrant city that is sure to keep you entertained!

Fitness Club, Monthly Fee for 1 Adult
8.60 $

Salaries And Financing prices

If you're thinking of traveling to Matagalpa, Nicaragua, you may be wondering about the cost of living and financing options. In general, salaries in Matagalpa are lower than in many other parts of Central America. However, the cost of living is comparably lower as well. This means that with careful budgeting, travelers can enjoy a comfortable stay in Matagalpa without breaking the bank.

Despite the lower salaries in Matagalpa, there are still plenty of financing options available for travelers. Many tourist-friendly businesses, such as hotels and restaurants, accept credit cards. However, it is important to note that cash is still the preferred method of payment for many smaller businesses. It is recommended to carry some cash on hand for purchases at markets and street vendors. Additionally, there are several ATMs located throughout Matagalpa for easy access to cash when needed.

Cinema ticket, 1 Seat
6.00 $
Average Monthly Net Salary, After Tax
229.40 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
12 %

Clothing And Shoes prices

When it comes to shopping for clothing and shoes in Matagalpa, Nicaragua, you'll find that prices vary depending on where you choose to shop. There are plenty of options to choose from, ranging from street markets to upscale boutiques. For those who are on a budget, the street markets are a great place to start. Here, you'll find a wide selection of clothing and shoes at affordable prices, although be prepared to haggle with the vendors to get the best deal. If you're in the mood for a more upscale shopping experience, there are several boutiques and department stores in Matagalpa that offer a range of high-quality clothing and shoes. While the prices may be a bit higher, the quality of the products is often worth the extra investment.

One of the best places to buy clothing and shoes in Matagalpa is the city's central market. This bustling marketplace is filled with vendors selling everything from fresh produce to handmade crafts and clothing. Here, you'll find a wide variety of clothing and shoe options for men, women, and children, all at reasonable prices. For those looking for more upscale options, there are several boutique shops located throughout the city that offer high-quality clothing and shoes from both local and international designers. Whether you're looking for a new outfit for a night out or a pair of sturdy boots for exploring the countryside, Matagalpa has plenty of options to choose from when it comes to clothing and shoe shopping.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
37.28 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
34.41 $
Pair of Running Shoes, Mid-Range Price
31.97 $
Pair of Leather Business Shoes
51.61 $

Rent Per Month prices

Matagalpa, Nicaragua is a beautiful and vibrant city that offers a range of short-term stay options for travelers. Whether you're a solo traveler or a family looking for a place to rent, you'll find that there are plenty of affordable short-term rental options available in the city. Some popular options include hotels, hostels, apartments, and villas. Depending on the type of accommodation you're looking for, you can find short-term rentals that range from basic to luxurious. So, no matter what your budget or preferences are, you should be able to find a comfortable short-term rental that suits your needs.

In addition to short-term rentals, Matagalpa also has a number of homestay options available for travelers. Homestays are a great way to experience the local culture and connect with the community. Many homestays offer a range of amenities, including meals, laundry service, and internet access. Prices can vary depending on the type of homestay you choose, but they are generally quite affordable. Whether you're looking for a short-term rental or a homestay, there are plenty of options available in Matagalpa to suit your travel needs.

One bedroom apartment in city centre
118.01 $
One bedroom apartment outside of city centre
78.67 $
Three bedroom apartment in city centre
271.69 $
Three bedroom apartment outside of city centre
150.18 $