One of the concerns of many is what it costs to live in Nicaragua. There is no one answer. For example, it is common to try to continue your previous lifestyle when you move to Nicaragua which usually means buying packaged and imported goods. These goods will be as expensive or more expensive than they would in the US.
In this book I hope to get contributed pages from people who have made the transition. That is, people who are finding out the local answers to shopping. In addition, there is a page where we can add the cost of various services--electricity, water, telephone and such.Taxes
- 15% value-added tax (IGV) on all business transactions. Note that this generally only gets applied in places where you get a receipt.
- Property taxes are assessed at the municipality level. Thus, some places will have no property taxes.