Is the cost of living in Granada high?

We asked people about the cost of living in Granada, they wrote...

"The cost of living in Granada is relatively low compared to other countries. Rent for a nice 1 bedroom apartment in Granada is typically around $200 USD per month, while a nice 2 bedroom apartment is around $300 USD per month. Eating dinner at a moderately priced restaurant in Granada typically costs around $10 USD per person," wrote a member who made the move to Granada, Nicaragua.

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"As in most foreign countries when it comes to the cost of living, you can pretty much find what you're looking for. Nicaragua is no exception. You can find moderate to expensive pricing options on most things from food to lodging, but the LOW cost items are more easily found in abundance here than in most places. Food is obviously less expensive here. It is not difficult to find $2.00 USD lunches. There are many hostels and hotels that seem to cater to the budget-minded traveler as well. Even retiring in Nicaragua is very low cost and stress-free: In order to qualify for Nicaragua's "Pensionado Visa" you must prove a monthly income from retirement or a pension or from any investment of only $600 USD and you're good to go! That's the LOWEST retirement income requirement of any country in the world," explained one expat living in Granada, Nicaragua.