Salary, Benefits and Cost of Living
Salary
Generally speaking, for entry-level ESL teaching jobs in Nicaragua, English teachers can expect to make between C$18,450-C$29,516 per month, which is equivalent to $500-$800/£395-£633. While it’s certainly not the most you can earn from teaching abroad, there is the benefit of a progressive tax system.
Benefits
There is a high demand for talented teachers to teach English, so contracts typically include benefits. These additional benefits sometimes include a stipend for accommodation and, for some jobs, airfare. Paid holidays and health insurance are also typically included in permanent teaching contracts.
Cost of Living
Nicaragua has a low cost of living compared to the likes of the USA, Canada, and the UK, which is typical for Central America. For example, monthly rent for a city centre, one-bedroom apartment in Managua - the capital city of Nicaragua - is around $325/£257, while living outside of the main hub of the capital will reduce that rent to $250/£198. A typical meal for two in a mid-priced restaurant comes to just under $30/£23, while basic utilities typically cost just under $100/£79 per month. So, while the salaries for teaching jobs look comparatively low, TEFL professionals can comfortably live on teaching wages in Nicaragua, and maybe even save money.