Nicaragua
Compared with South Korea, using real observed prices.
Baseline: 
South Korea = 1×
Nicaragua
vs
South Korea
Overall verdict
Nicaragua is about 1.16× South Korea.
Average across 3 categories, 4 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 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 South Korea
South Korea = 1×
Nicaragua is pricier →
South Korea
South Korea = 1×
Nicaragua is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Nicaragua, Electricity 1kWh (household) costs 1.4× what it does in South Korea — but Diesel 1L costs only 0.8×. 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 ×1.39Nicaragua
₩265
USD 0.176South Korea
₩191
USD 0.127
-
Big Mac 1 burger ×1.27Nicaragua
₩6,983
NIO 174South Korea
₩5,500
KRW 5,500
-
Gasoline 1L 1 L ×0.94Nicaragua
₩2,083
USD 1.337South Korea
₩2,223
USD 1.427
-
Diesel 1L 1 L ×0.83Nicaragua
₩1,837
USD 1.179South Korea
₩2,205
USD 1.415
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
+67%
in KRW
It rose 36% in local currency, but 67% in yours. Most of what you feel is the exchange rate, not Nicaragua's inflation.
United States
United Kingdom
India
Canada
Australia
Germany