Colombia
Compared with Nicaragua, using real observed prices.
Baseline: 
Nicaragua = 1×
Colombia
vs
Nicaragua
Overall verdict
Colombia is about 1.10× Nicaragua.
Average across 3 categories, 6 items with data
The shape of prices (vs Nicaragua = 1×)
How to read this
The centre line is Nicaragua. A bar running right means Colombia is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than Nicaragua
Nicaragua = 1×
Colombia is pricier →
Nicaragua
Nicaragua = 1×
Colombia is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Colombia, Big Mac costs 1.3× what it does in Nicaragua — but Diesel 1L costs only 0.8×. What is expensive here is labour, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Big Mac 1 burger ×1.31Colombia
NIO 227.49
COP 22,900Nicaragua
NIO 174.00
NIO 174
-
Electricity 1kWh (household) 1 kWh ×1.18Colombia
NIO 7.58
USD 0.207Nicaragua
NIO 6.45
USD 0.176
-
Gasoline 1L 1 L ×0.96Colombia
NIO 47.06
USD 1.285Nicaragua
NIO 48.97
USD 1.337
-
Diesel 1L 1 L ×0.78Colombia
NIO 33.51
USD 0.915Nicaragua
NIO 43.18
USD 1.179
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+77%
in COP
12950 → 22900
12950 → 22900
vs
At today's rateUsing today's exchange rate
+92%
in NIO
It rose 77% in local currency, but 92% in yours. Most of what you feel is the exchange rate, not Colombia's inflation.
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