Nicaragua
Compared with Colombia, using real observed prices.
Baseline: 
Colombia = 1×
Nicaragua
vs
Colombia
Overall verdict
Nicaragua is about 0.91× Colombia.
Average across 3 categories, 4 items with data
The shape of prices (vs Colombia = 1×)
How to read this
The centre line is Colombia. A bar running right means Nicaragua 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 Colombia
Colombia = 1×
Nicaragua is pricier →
Colombia
Colombia = 1×
Nicaragua is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Nicaragua, Diesel 1L costs 1.3× what it does in Colombia — but Big Mac costs only 0.8×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Diesel 1L 1 L ×1.29Nicaragua
COP 4,347
USD 1.179Colombia
COP 3,373
USD 0.915
-
Gasoline 1L 1 L ×1.04Nicaragua
COP 4,929
USD 1.337Colombia
COP 4,737
USD 1.285
-
Electricity 1kWh (household) 1 kWh ×0.85Nicaragua
COP 649
USD 0.176Colombia
COP 763
USD 0.207
-
Big Mac 1 burger ×0.76Nicaragua
COP 17,515
NIO 174Colombia
COP 22,900
COP 22,900
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+36%
in NIO
128 → 174
128 → 174
vs
At today's rateUsing today's exchange rate
+25%
in COP
It rose 36% in local currency, but 25% in yours. Most of what you feel is the exchange rate, not Nicaragua's inflation.
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