SingaporeSingapore

Nicaragua

Compared with Singapore, using real observed prices.

Baseline: SingaporeSingapore = 1×

NicaraguaNicaragua vs SingaporeSingapore
Overall verdict

NicaraguaNicaragua is about 0.68× SingaporeSingapore.

Average across 3 categories, 4 items with data

The shape of prices (vs SingaporeSingapore = 1×)

How to read this

The centre line is Singapore. 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 SingaporeSingapore Singapore = 1× NicaraguaNicaragua is pricier →
  • 🍔 Food & Dining 1 item
    ×0.82
  • Utilities 1 item
    ×0.76
  • Transport 2 items
    ×0.50

Thin bar shows the range (cheapest to priciest item in the category)

In Nicaragua, Big Mac costs 0.8× what it does in Singapore — but Diesel 1L costs only 0.4×. What is expensive here is labour, not the goods that carry a world price.

Real prices. Real sources. Real dates.

  • Big Mac 1 burger ×0.82
    NicaraguaNicaragua S$6.12 NIO 174
    SingaporeSingapore S$7.45 SGD 7.45
    Observed 2026-01-01 · The Economist Big Mac Index
  • Electricity 1kWh (household) 1 kWh ×0.76
    NicaraguaNicaragua S$0.23 USD 0.176
    SingaporeSingapore S$0.30 USD 0.233
    Observed 2026-04-01 · GlobalPetrolPrices.com
  • Gasoline 1L 1 L ×0.58
    NicaraguaNicaragua S$1.73 USD 1.337
    SingaporeSingapore S$3.01 USD 2.323
    Observed 2026-07-20 · GlobalPetrolPrices.com
  • Diesel 1L 1 L ×0.43
    NicaraguaNicaragua S$1.53 USD 1.179
    SingaporeSingapore S$3.53 USD 2.722
    Observed 2026-07-20 · GlobalPetrolPrices.com

See what really changed Nicaragua

Big Mac, 2021 → 2026
At the timeUsing the exchange rate of each date
+36%
in NIO
128 → 174
vs
At today's rateUsing today's exchange rate
+23%
in SGD

It rose 36% in local currency, but 23% in yours. Most of what you feel is the exchange rate, not Nicaragua's inflation.