India
Compared with South Korea, using real observed prices.
Baseline: South Korea = 1×
Overall verdict
India is about 0.73×
South Korea.
Average across 5 categories, 7 items with data
The shape of prices (vs
South Korea = 1×)
How to read this
The centre line is South Korea. 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
South Korea
South Korea = 1×
India is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In India, iPhone (base model, base storage) costs 1.0× what it does in South Korea — but Electricity 1kWh (household) costs only 0.6×. Calling this country simply "expensive" hides a gap this wide.
Real prices. Real sources. Real dates.
-
iPhone (base model, base storage) 1 unit ×0.97
India ₩1,255,150 INR 82,900
South Korea ₩1,290,000 KRW 1,290,000
-
Gasoline 1L 1 L ×0.79
India ₩1,758 USD 1.128
South Korea ₩2,223 USD 1.427
-
Diesel 1L 1 L ×0.72
India ₩1,586 USD 1.018
South Korea ₩2,205 USD 1.415
-
PC game (Cyberpunk 2077) 1 game ×0.69
India ₩45,406 INR 2,999
South Korea ₩66,000 KRW 66,000
-
Big Mac 1 burger ×0.67
India ₩3,695 INR 227
South Korea ₩5,500 KRW 5,500
-
Natural gas 1kWh (household) 1 kWh ×0.66
India ₩72 USD 0.048
South Korea ₩110 USD 0.073
-
Electricity 1kWh (household) 1 kWh ×0.61
India ₩116 USD 0.077
South Korea ₩191 USD 0.127
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
+26%
in KRW
It rose 19% in local currency, but 26% in yours. Most of what you feel is the exchange rate, not India's inflation.