Last update: Oct 2026

Cost of Living Comparison Between Chiang Mai and Granada, Nicaragua

Name: Granada
Address: Granada, NI

For one person, living costs are similar in Chiang Mai and in Granada: $936 and $916 a month, rent and utilities included.

45

Cost of Living Index in Chiang Mai
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Chiang Mai Living Index
44

Cost of Living Index in Granada
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Granada Living Index

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Chiang Mai

🇹🇭 Thailand

$936

/mo nomad

Granada

🇳🇮 Nicaragua

$916

/mo nomad

Monthly Cost of Living

How much you'll spend in Chiang Mai and in Granada

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Chiang Mai and in Granada actually costs, broken down by who's living it.

A single person spends $936 per month in Chiang Mai vs $916 in Granada, rent included.

Chiang Mai $936
Granada $916

A couple spends around $1,457 per month in Chiang Mai vs $1,281 in Granada, rent included.

Chiang Mai $1,457
Granada $1,281

A family of three spends $1,979 per month in Chiang Mai vs $1,645 in Granada, rent included.

Chiang Mai $1,979
Granada $1,645

Chiang Mai and Granada have comparable living costs – the differences are in the details.

Both Chiang Mai and Granada are more affordable than the global median – Chiang Mai 31% lower, Granada 33% lower.

Meal at Budget Restaurant

$2.24 ฿75.7

$4.32 NIO 158

-48.15%

Three-Course Dinner for Two, Mid-Range

$19.00 ฿642

$23.86 NIO 874

-20.37%

Fast Food Meal (McDonalds, etc)

$5.55 ฿188

$7.11 NIO 260

-21.94%

Cappuccino

$1.67 ฿56.6

$1.70 NIO 62.3

-1.76%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.64 ฿21.56

$0.87 NIO 31.74

-26.44%

Water (0.33 liter bottle)

$0.31 ฿10.32

$0.63 NIO 23.10

-50.79%

Local Beer (0.5 liter draught)

$2.36 ฿79.6

$1.33 NIO 48.60

77.44%

Imported Beer (0.33 liter bottle)

$3.66 ฿124

$1.98 NIO 72.7

84.85%

Milk (1 liter)

$1.95 ฿65.8

$1.25 NIO 45.96

56.00%

White Bread (500g)

$1.44 ฿48.51

$1.54 NIO 56.5

-6.49%

Rice (white) (1kg)

$1.33 ฿45.07

$0.57 NIO 20.75

133.33%

Eggs

$2.28 ฿77.1

$1.23 NIO 44.87

85.37%

Local Cheese (1kg)

$16.45 ฿556

$4.82 NIO 176

241.29%

Chicken Fillets (1kg)

$2.78 ฿94.0

$5.08 NIO 186

-45.28%

Beef Round Steak (1kg)

$9.31 ฿314

$7.89 NIO 289

18.00%

Apples (1kg)

$2.35 ฿79.5

$4.06 NIO 149

-42.12%

Banana (1kg)

$0.97 ฿32.82

$0.57 NIO 20.99

70.18%

Oranges (1kg)

$1.60 ฿53.9

$1.78 NIO 65.2

-10.11%

Tomato (1kg)

$1.50 ฿50.7

$1.01 NIO 37.06

48.51%

Potato (1kg)

$1.28 ฿43.15

$2.78 NIO 102

-53.96%

Onion (1kg)

$1.10 ฿37.22

$1.02 NIO 37.42

7.84%

Lettuce (1 head)

$0.71 ฿23.84

$1.01 NIO 37.08

-29.70%

Water (1.5 liter bottle)

$0.49 ฿16.38

$1.06 NIO 38.76

-53.77%

Cigarettes 20 Pack (Marlboro, Camel)

$4.14 ฿140

$2.70 NIO 98.7

53.33%

Wine (Bottle)

$17.52 ฿592

$10.07 NIO 369

73.98%

Local Beer (0.5 liter bottle)

$1.61 ฿54.5

$1.47 NIO 53.8

9.52%

Imported Beer (0.33 liter bottle)

$2.78 ฿94.0

$1.72 NIO 63.0

61.63%

One-way Ticket (Public Transport)

$0.87 ฿29.33

$0.09 NIO 3.47

866.67%

Public Transport Monthly Pass (Regular Price)

$54.1 ฿1,827

$4.11 NIO 150

1216.06%

Taxi Start (Normal Tariff)

$1.16 ฿39.08

$0.58 NIO 21.18

100.00%

Taxi (Normal Tariff) (1km)

$0.53 ฿17.82

$1.67 NIO 61.1

-68.26%

Taxi 1hour Waiting (Normal Tariff)

$2.42 ฿81.8

$6.97 NIO 255

-65.28%

Gasoline (1 liter)

$1.45 ฿48.93

$1.27 NIO 46.58

14.17%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$21.1K ฿711.2K

$23.3K NIO 852.6K

-9.54%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.9K ฿909.8K

$26.4K NIO 968.5K

1.88%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$62.2 ฿2,100

$152 NIO 5,566

-59.09%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$12.17 ฿411

$19.39 NIO 710

-37.24%

Internet (50+ Mbps, Unlimited Data)

$20.12 ฿680

$32.83 NIO 1,202

-38.71%

Gym Membership (Monthly)

$37.31 ฿1,260

Tennis Court (1 Hour on Weekend)

$3.77 ฿127

Cinema Ticket

$6.49 ฿219

$8.85 NIO 324

-26.67%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$736 ฿24.9K

$233 NIO 8,547

215.44%

International Primary School, 1 Child (Yearly)

$14.8K ฿498.6K

$5,984 NIO 219.2K

146.73%

Jeans (Levis 501 Or Similar)

$53.4 ฿1,802

$15.06 NIO 552

254.38%

Summer Dress (H&M, Zara, etc)

$24.64 ฿832

$30.58 NIO 1,120

-19.42%

Sport Shoes (Adidas, Nike)

$91.5 ฿3,089

$34.76 NIO 1,273

163.18%

Men's Leather Business Shoes

$71.9 ฿2,429

$35.08 NIO 1,285

105.07%

1-bedroom Apartment, City Center (Monthly)

$482 ฿16.3K

$417 NIO 15.3K

15.63%

1-bedroom Apartment, Outside City Center (Monthly)

$309 ฿10.4K

$344 NIO 12.6K

-10.07%

3-bedroom Apartment, City Center (Monthly)

$1,006 ฿34.0K

$787 NIO 28.8K

27.74%

3-bedroom Apartment, Outside City Center (Monthly)

$633 ฿21.4K

$506 NIO 18.5K

25.15%

Buy Apartment in City Center (m2)

$2,363 ฿79.8K

Buy Apartment Outside City Center (m2)

$1,589 ฿53.7K

Average Monthly Net Salary (After Tax)

$590 ฿19.9K

$133 NIO 4,858

344.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.57

11.92

-53.27%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Chiang Mai: October 26, 2026

Last update for Granada: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Chiang Mai

$309 33%

Granada

$344 37.5% 11.2% $35

Groceries & Markets

Chiang Mai

$234 25.1%

Granada

$193 21% 17.8% $42

Clothing & Footwear

Chiang Mai

$109 11.6%

Granada

$52 5.7% 52.2% $57

Monthly Utilities & Internet

Chiang Mai

$94 10.1%

Granada

$204 22.3% 116% $110

Eating Out

Chiang Mai

$78 8.3%

Granada

$93 10.1% 19.8% $15

Getting Around

Chiang Mai

$61 6.6%

Granada

$13 1.5% 78.1% $48

Sport & Entertainment

Chiang Mai

$50 5.4%

Granada

$18 * 1.9% 64.8% $33

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $482 in Chiang Mai versus $417 in Granada. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Chiang Mai are about 4.4 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $19 in Chiang Mai versus $24 in Granada. Groceries tell a different story – $234 in Chiang Mai vs $193 in Granada – so Granada wins on supermarket bills even if dining out costs more.

Good to know

🇹🇭 Chiang Mai

🇳🇮 Granada

🕒 Local time

03:01 3:01 AM

14:01 2:01 PM

13 h behind Chiang Mai

🌤 Weather

👥 Population

127,240

128,937

💱 Currency

Thai Baht THB ฿

Nicaraguan Córdoba NIO C$

📈 Exchange rate

100 THB = 2.96 USD

100 THB = 2.66 EUR

100 NIO = 2.73 USD

100 NIO = 2.45 EUR

Exchange rates and currency converter

NIO, USD, EUR to THB – Thai Baht Converter

🇺🇸 United States Dollar ($)

🇹🇭 Thai Baht (฿)

Thai Baht exchange rates as of October 28, 2026: 1 USD = 33.77 THB (100 THB = 2.96 USD). 1 EUR = 37.59 THB (100 THB = 2.66 EUR).

Nicaraguan Córdoba exchange rates as of October 28, 2026: 1 USD = 36.62 NIO (100 NIO = 2.73 USD). 1 EUR = 40.77 NIO (100 NIO = 2.45 EUR).

USD to THB in detail →

On the map

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Between locations

Chiang Mai Granada 16,560 km ≈ 21 h nonstop flight

From you

Chiang Mai
Granada

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Chiang Mai vs Granada: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $1,403 per month in Chiang Mai and $1,375 in Granada. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Granada, especially for central apartments: a one-bedroom in the center costs $417 there versus $482 in Chiang Mai.

A mid-range dinner for two costs $19 in Chiang Mai and $24 in Granada. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 92% less in Granada. For daily commuters, that gap adds up to noticeable savings over a year.

$1,200 covers both cities comfortably – all-in costs are $936 in Chiang Mai and $916 in Granada, leaving budget for savings and extras in both cases.

For digital nomads, it depends on budget. Granada costs $916 versus $936 in Chiang Mai. Both appeal to remote workers, and the cost gap matters when income varies month to month.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

If budget matters most, go with Granada. If higher salaries or specific career opportunities are the priority, Chiang Mai makes more sense. Both are solid long-term options with distinct trade-offs.