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    • Guatemala

      • Quick Answer: Overall, the cheapest country in Central America is Guatemala. Here you can easily live on $15-20 a day (or less depending on your daily needs). Transport and tour prices are very cheap too, especially if you focus on the more local options.
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  1. Mar 30, 2023 · Nicaragua has a cost of living index of 36.8, making it the cheapest country in Central America. Housing, food, and transportation are affordable in Nicaragua, with the expat hub of San Juan del Sur being the most expensive place to live (still cheap compared to many other beach towns, though).

  2. People also ask

    • Guatemala. The most affordable destination in Central America is Guatemala. This gorgeous country is the most affordable in Central America and is perfect for a winter getaway.
    • Nicaragua. Another one of the cheapest countries in Central America is Nicaragua. This is a country that combines culture and beaches really well. The historic cities of Leon and Granada are both well worth a visit, but the country also boasts plenty of natural beauty including Lake Apoyo and two coasts with great beaches.
    • Honduras. Honduras often gets a bad rap for being the most dangerous country in Central America. However, if you stick to the tourist trail in Honduras, you won't have anything to worry about.
  3. San José is an incredible city, with smiling people everywhere. You can find good budget-friendly accommodation options even in the city center. The best way to start the day is to go out on the Avenida Central pedestrian street and grab an aromatic takeaway Costa Rican coffee.

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    • Antigua, Guatemala. Why Antigua: Steeped in colonial charm and surrounded by volcanoes, Antigua offers a blend of old-world heritage and modern comforts.
    • Panama City, Panama. Why Panama City: Panama City offers a distinctive mix of the modern and the historic. The city’s robust economy, dynamic social scene, and Panama’s friendly immigration policies are just a few reasons why it’s among the best places to live in Central America.
    • San Jose, Costa Rica. Why San Jose: San Jose is the cultural, economic, and political heart of Costa Rica. Nestled amidst lush mountains, it’s known for its high quality of life, robust healthcare system, and commitment to sustainability.
    • Managua, Nicaragua. Why Managua: As the capital city of Nicaragua, Managua offers a mix of urban life and natural beauty. It’s a city on the rise with a growing economy and a progressive approach to urban development.
  4. Feb 3, 2024 · Table of Contents. Overall Central America Budget Breakdown. We spent exactly six months traveling through all Central American countries – Belize, Honduras, Guatemala, El Salvador, Nicaragua, Costa Rica and Panama – spending a total of $10,685.65 for both of us.

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  5. Jun 28, 2024 · For budget-conscious travelers, the cheapest countries in Central America are Guatemala, Nicaragua, Honduras, and El Salvador, with daily costs averaging between $49 and $61. In contrast, the most expensive countries are Costa Rica, Belize, and Panama, with daily costs ranging from $79 to $115.

  6. San José is the number one city in the Central Valley and the whole country. It is the capital of Costa Rica and is home to the government headquarters, the financial center, and the major transportation hub, including air, rail, public buses, and auto travel.