Granada
Nicaragua
Updated on August 17, 2025
Overview
Granada is a Nicaraguan colonial city located on the northern shore of Lake Cocibolca, known for its Spanish colonial architecture, historical importance as a commercial center, and tourist attractions. It is Nicaragua's ninth most populous city and part of the Managua Metropolitan Region.
Average cost of living€835.00
Quality of Life62/100
Accommodation
Rent room (flat-share)€120.00
1-bed flat (center)€300.00
1-bed flat (outside)€220.00
3-bed flat (center)€600.00
3-bed flat (outside)€400.00
Utilities
Basic utilities€60.00
Internet€35.00
Mobile plan€10.00
Transportation
One-way ticket€0.20
Monthly pass€10.00
Taxi start€0.70
Gasoline (1 l)€1.10
Leisure
Cinema ticket€3.50
Fitness club€20.00
Education
Preschool (month)€150.00
Intl. primary (year)€1,500.00
Buying House
sqm in city center€950.00
sqm outside center€750.00
Advantages
- ✓ Rich and well-preserved colonial architecture
- ✓ Privileged location next to Lake Cocibolca
- ✓ Important tourist center with good hotel infrastructure
- ✓ Significant history and cultural heritage
- ✓ Diversified economic activity between tourism and industry
Disadvantages
- × Lower economic development compared to Managua
- × Limited specialized employment opportunities
- × Limited public transportation infrastructure
- × Risk of seismic and volcanic activity in the region
- × Dependence on tourism which can be volatile