If you’re from Europe, you’ll likely be slightly put off by the long flight time to Managua and the expense. This will likely set you back at least £650 (near 800 Euros) as well as take at least 12 hours of travelling to arrive.
But like many backpacker destinations, once there it’s incredibly cheap. On most beaches it is $10 board rental for a full day, and under $25 for a two hour surf lesson. Added to that is bottled beer being under $1 (even in restaurants) and you can dine on lobster daily for under $10 a meal. If you’re happy sleeping in dormitories, you will rarely pay more the $10 at any time of year.
If you go with anything but the smallest of budgets, you’ll be living pretty well in Nicaragua. Nearby Costa Rica, which is actually a more popular surf destination, is far more expensive once your there.