• Thursday , 21 September 2017
Expense Report: Nicaragua

Expense Report: Nicaragua

We spent a total of $1,286.55 on living expenses and $194.25 for one-time expenses. We spent 20-nights in Nicaragua and drove 793 miles. We camped 45% (9-nights) and stayed in a hotel 55% (11-nights) of the time.

Total – US$ Daily Average Percent of total
Living Expenses
Fuel 151.55 7.58 12.00
Grocery 146.62 7.33 11.00
Prepared Food 358.53 17.93 28.00
Camping 48.29 5.37 4.00
Hotel 310.18 28.20 24.00
Communications 51.56 2.58 4.00
Incidentals 219.82 10.99 17.00
Living subtotal $1,286.55 $64.33
One-time expenses
Border 84.31
Repairs/maintenance 65.16
Other 44.78
One-time subtotal $194.25
 
Average fuel price per gallon $3.67

The average exchange rate we received was 26.86 Nicaraguan Cordobas per US dollar. We use ATMs to retrieve our funds and we do not have ATM fees as they are reimbursed to us (Charles Schwab checking account).

The average daily spend was $64.33 that is below our goal of $65 ($32.50 per person). Remember this is for two people so if divided by two that is about $32.16/day/person. The amount spent on camping is mis-leading as for our nights in Lake Apoyo we received a very low rate because of negotiations by our friend Cisco and then in Ometepe we were only charged for one person per night (or the price may have been based on per tent rather than per person but I think we were actually under-charged). Our restaurant spend was higher than normal once again as we ate a nice meal out in Granada as well as we didn’t do any cooking for ourselves in Pearl Lagoon (the location where we stayed the owner was an excellent chef).

Our one-time expenses were for our border crossing (details available in border report), motor oil purchased for oil change on both motorcycles (we use rather expensive synthetic oil) and our other items this month included our monthly Amazon subscription (library service) and a few books.

Fuel consumption: these numbers are estimates, as we don’t track per motorcycle but a mixture of both. We purchased 41.21 gallons of fuel and drove 1,748 miles for both bikes. This means we have an average of 42 miles per gallon per bike. This is very low and we believe that pumps are not always calibrated so we are likely not receiving correct liters purchased. We generally expect 46-50 miles per gallon on each bike.

Definitions:
Miles driven: this is based on Zippy’s odometer and not the total miles of both bikes. Occasionally we ride two-up or Mike may take Donkey to do some errands and these additional miles are not accounted for. When providing miles per gallon averages this is an important caveat as we are not tracking both motorcycles odometers.
Living expenses

  • Fuel: petrol for two motorcycles and minor use of gas for our MSR camp stove
  • Grocery: food and incidentals purchased at grocery stores/markets/butcher that may include batteries, toiletries, etc. as well as food.
  • Prepared Food: meals purchased at restaurants, food stalls, or prepared food from local stores
  • Camp: camp ground fees
  • Hotel: hotel fee
  • Communications: local SIM cards, Skype credit, USB modems, recharging for minutes and data, internet cafes, etc.
  • Incidental: anything that doesn’t fit into other categories with notes made as to the actual expenses but anticipated as park fees, other fees, postcards, shopping, etc.

One-time expenses

  • Border: border fees for people, motorcycles, and pet as well as insurance required, and any other border expenses.
  • Parts/maintenance: anything purchased for the maintenance or repair of the motorcycles.
  • Other: gear replacement, excursions, and other one-time expenses.

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