Italy
Compared with Nicaragua, using real observed prices.
Baseline: 
Nicaragua = 1×
Italy
vs
Nicaragua
Overall verdict
Italy is about 2.08× Nicaragua.
Average across 2 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 Italy 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×
Italy is pricier →
Nicaragua
Nicaragua = 1×
Italy is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Italy, Electricity 1kWh (household) costs 2.4× what it does in Nicaragua — but Gasoline 1L costs only 1.7×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Electricity 1kWh (household) 1 kWh ×2.35Italy
NIO 15.16
USD 0.414Nicaragua
NIO 6.45
USD 0.176
-
Diesel 1L 1 L ×2.04Italy
NIO 88.15
USD 2.407Nicaragua
NIO 43.18
USD 1.179
-
Gasoline 1L 1 L ×1.66Italy
NIO 81.31
USD 2.22Nicaragua
NIO 48.97
USD 1.337
United States
United Kingdom
India
Canada
Australia
Germany