India
Compared with Nicaragua, using real observed prices.
Baseline: Nicaragua = 1×
Overall verdict
India is about 0.58×
Nicaragua.
Average across 3 categories, 7 items with data
The shape of prices (vs
Nicaragua = 1×)
How to read this
The centre line is Nicaragua. 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
Nicaragua
Nicaragua = 1×
India is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In India, Diesel 1L costs 0.9× what it does in Nicaragua — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×0.86
India NIO 37.28 USD 1.018
Nicaragua NIO 43.18 USD 1.179
-
Gasoline 1L 1 L ×0.84
India NIO 41.31 USD 1.128
Nicaragua NIO 48.97 USD 1.337
-
Big Mac 1 burger ×0.53
India NIO 92.07 INR 227
Nicaragua NIO 174.00 NIO 174
-
Electricity 1kWh (household) 1 kWh ×0.44
India NIO 2.82 USD 0.077
Nicaragua NIO 6.45 USD 0.176
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
+3%
in NIO
It rose 19% in local currency, but 3% in yours. Most of what you feel is the exchange rate, not India's inflation.