India
Compared with Mexico, using real observed prices.
Baseline: Mexico = 1×
Overall verdict
India is about 0.64×
Mexico.
Average across 5 categories, 7 items with data
The shape of prices (vs
Mexico = 1×)
How to read this
The centre line is Mexico. A bar running right means India 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
Mexico
Mexico = 1×
India is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In India, Natural gas 1kWh (household) costs 1.3× what it does in Mexico — but Big Mac costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Natural gas 1kWh (household) 1 kWh ×1.33
India MX$0.86 USD 0.048
Mexico MX$0.64 USD 0.036
-
iPhone (base model, base storage) 1 unit ×0.75
India MX$15,001 INR 82,900
Mexico MX$19,999 MXN 19,999
-
Electricity 1kWh (household) 1 kWh ×0.71
India MX$1.37 USD 0.077
Mexico MX$1.95 USD 0.109
-
Gasoline 1L 1 L ×0.69
India MX$19.78 USD 1.128
Mexico MX$28.48 USD 1.624
-
Diesel 1L 1 L ×0.66
India MX$17.85 USD 1.018
Mexico MX$27.11 USD 1.546
-
PC game (Cyberpunk 2077) 1 game ×0.54
India MX$542.67 INR 2,999
Mexico MX$999.00 MXN 999
-
Big Mac 1 burger ×0.41
India MX$44.44 INR 227
Mexico MX$109.00 MXN 109
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+19%
in INR
190 → 227
190 → 227
vs
At today's rateUsing today's exchange rate
-13%
in MXN
It rose 19% in local currency, but -13% in yours. Most of what you feel is the exchange rate, not India's inflation.