Is Nepal Cheaper Or Expensive Than India – Budget Guide To All New Travelers

Is Nepal cheaper than India or Is Nepal more expensive than India?: – Nepal and India have centuries-old diplomatic relations and commercial history.

India is Nepal’s largest trading partner and source of foreign investment. Bilateral trade reached a total of USD 3.21 billion (NRS 257.10 billion) in the fiscal year 2009/10.

In this year, Nepalese imports from India amounted to $ 2.71 billion (NPR 217.11 billion) and exports to India remained at $ 0.50 billion (NPR 39.99 billion).

Most of the goods imported into Nepal from India are expensive since the taxes levied on these goods from India to Nepal during importation are very high for many goods.

For example, TATA NANO in Nepal costs about 10 lakh. But there are many tax-exempt items, and both have almost the same price in India and Nepal.

In some cases, you may even find it cheaper than in India (if you are lucky). Let’s take a look at the price on different topics.  they are:-

Overall Statistics

• Consumer Prices in India are 16.77% lower than in Nepal
• Consumer Prices Including Rent in India are 11.95% lower than in Nepal
• Restaurant Prices in India are 14.57% lower than in Nepal
• Groceries Prices in India are 2.96% lower than in Nepal
• Rent Prices in India are 20.15% higher than in Nepal
• Local Purchasing Power in India is 156.10% higher than in Nepal

Restaurants and food prices

• It would take NRs 250 in Nepal and the equivalent Nrs 240.12 in India while visiting an Inexpensive Restaurant. This shows Nepal is 3.95% more expensive than India in this case in this terms.
• Similarly, meals for 2 People in mid-range Restaurants, have a Three-course price average of NRs 1150 in Nepal and equivalent NRs 1120.58 in India, and in this case, Nepal is 2.56 % more expensive than India.
• McMeal at Mcdonald’s (or Equivalent Combo Meal) price average NRs 700 in Nepal and equivalent NRs 400.21 in India, and in this case, Nepal is 42.83 % more expensive than India.
• Domestic Beer (0.5-liter draught) price average NRs 300 in Nepal and equivalent NRs 200.10 in India, and in this case, Nepal is 33.30 % more expensive than India.
• Imported Beer (0.33-liter bottle) price average NRs 400 in Nepal and equivalent NRs 380.20 in India, and in this case, Nepal is 1.95 % more expensive than India.
• Cappuccino (regular) price average NRs 175.93 in Nepal and equivalent NRs 173.28 in India, and in this case, Nepal is 1.45 % more expensive than India.
• Coke/Pepsi (0.33-liter bottle) price average NRs 54.26 in Nepal and equivalent NRs 48.31 in India, and in this case, Nepal is 10.97 % more expensive than India.
• Water (1-liter bottle) price average NRs 24.13 in Nepal and equivalent NRs 22.24 in India, and in this case, Nepal is 7.81% more expensive than India.

Market

• Milk (regular), (1 liter) price average NRs 77.22 in Nepal and equivalent NRs 74.47 in India, and in this case, Nepal is 3.56% expensive than India.
• Loaf of Fresh White Bread (500g) with a price average NRs 54.74 in Nepal and equivalent NRs 48.26 in India, and in this case, Nepal is 11.85% more expensive than India in this case in this case.
• Rice (white), (1kg) price average NRs 90.08 in Nepal and equivalent NRs 80.80 in India, and in this case, Nepal is 11.85% more expensive than India.
• Eggs (regular) (12) price average NRs 163.02 in Nepal and equivalent NRs 100.40 in India, and in this case, Nepal is 38.41% more expensive than India.
• Local Cheese (1kg) price average NRs 807.93 in Nepal and equivalent NRs 556.21 in India, and in this case, Nepal is 31.16% expensive than India.
• Chicken Breasts (Boneless, Skinless), (1kg) price average NRs 428.70 in Nepal and equivalent NRs 349.98 in India, and in this case, Nepal is 18.36% more expensive than India.
• Apple (1kg) price average NRs 193.65 in Nepal and equivalent NRs 213.42 in India, and in this case, Nepal is 10.21% cheaper than India.
• Banana (1kg) price average NRs 101.35 in Nepal and equivalent NRs 77.77 in India, and in this case, Nepal is 23.26% more expensive than India.
• Orange (1kg) price average NRs 114.82 in Nepal and equivalent NRs 107.19 in India, and in this case, Nepal is 6.65% more expensive than India.
• Tomato (1kg) price average NRs 68.06 in Nepal and equivalent NRs 49.31 in India, and in this case, Nepal is 27.55% more expensive than India.
• Potato (1kg) price average NRs 43.72 in Nepal and equivalent NRs 36.72 in India, and in this case, Nepal is 16% more expensive than India.
• Onion (1kg) price average NRs 52.81 in Nepal and equivalent NRs 42.20 in India, and in this case, Nepal is 20.08% more expensive than India.
• Lettuce (1 head) price average NRs 35 in Nepal and equivalent NRs 53.75 in India, and in this case, Nepal is 53.56% cheaper than India.
• Bottle of Wine (Mid-Range) price average NRs 750 in Nepal and equivalent NRs 960.50 in India, and in this case, Nepal is 28.07% cheaper than India.
• Cigarettes 20 Pack (Marlboro) price average NRs 220 in Nepal and equivalent NRs 472.25 in India, and in this case, Nepal is 114.66% cheaper than India.

Transportation

• One-way Ticket (Local Transport) costs an average NRs 20 in Nepal and an equivalent NRs 32.02 in India, and in this case, Nepal is 60.08% cheaper than India.
• Monthly Pass (Regular Price) costs an average NRs 950.00 in Nepal and an equivalent NRs 1040.54 in India, and in this case, Nepal is 9.53% cheaper than India.
• Taxi Start (Normal Tariff) cost an average NRs 200 in Nepal and an equivalent NRs 84.04 in India, and in this case, Nepal is 59.98% more expensive than India.
• Gasoline (1 liter) costs an average NRs 109.12 in Nepal and an equivalent NRs 121.98 in India, and in this case, Nepal is 11.79% cheaper than India.
• Volkswagen Golf 1.4 90 KW Trend line (Or Equivalent New Car) costs an average NRs 3,800,000.00 in Nepal and an equivalent NRs 1,280,665.12 in India, and in this case, Nepal is 66.30% more expensive than India.
• Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) price average NRs 5,786,440.71 in Nepal and equivalent NRs 2,591,446.29 in India, and in this case, Nepal is 55.22% more expensive than India.

Utilities

• Basic (Electricity, Heating, Cooling, Water, Garbage) for an 85m2 Apartment cost an average NRs 3,287.31 in Nepal and equivalent NRs 4026.54 in India, and in this case, Nepal is 22.49% cheaper than India.
• 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) costs an average NRs 2.09 in Nepal and an equivalent NRs 1.34 in India, and in this case, Nepal is 35.80% more expensive than India.
• Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) costs an average NRs 1962.81 in Nepal and an equivalent NRs of 1316.44 in India, and in this case, Nepal is 32.93% more expensive than India.

Sports And Leisure

• Fitness Club, Monthly Fee for 1 Adult cost an average NRs 2559.48 in Nepal and an equivalent NRs 2190.36 in India, and in this case, Nepal is 14.42% more expensive than India.
• Tennis Court Rent (1 Hour on Weekend) cost average NRs 1,130.56 in Nepal and equivalent NRs 772.54 in India, and in this case, Nepal is 31.67% expensive than India.
• Cinema, International Release, 1 Seat cost average NRs 380 in Nepal and equivalent NRs 400.21 in India, and in this case, Nepal is 5.32% cheaper than India.

Childcare

• Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child cost an average NRs 6111.11 in Nepal and an equivalent NRs 6506.77 in India, and in this case, Nepal is 6.47% cheap than India.
• International Primary School, Yearly for 1 Child cost average NRs 178,909.09 in Nepal and equivalent NRs 198,318.03 in India, and in this case, Nepal is 10.85% cheap than India.

Clothing And Shoes

• 1 Pair of Jeans (Levis 501 Or Similar) costs an average NRs 2960.08 in Nepal and an equivalent NRs 3,648.19 in India, and in this case, Nepal is 23.25% cheap than India.
• 1 Summer Dress in a Chain Store (Zara, H&M, …) costs an average NRs 3,582.58 in Nepal and an equivalent NRs 3,648.19 in India, and in this case, Nepal is 2.50% cheap than India.
• 1 Pair of Nike Running Shoes (Mid-Range) costs an average NRs 5445.10 in Nepal and an equivalent NRs 5437.80 in India, and in this case, Nepal is 0.13% more expensive than India.
• 1 Pair of Men Leather Business Shoes cost an average NRs 4490.18 in Nepal and an equivalent NRs 4139.99 in India, and in this case, Nepal is 7.80% more expensive than India.

Rent Per Month

• An apartment (1 bedroom) in City Centre costs an average NRs 17,037.04 in Nepal and an equivalent NRs 18,453.26 in India, and in this case, Nepal is 8.31% cheap than India.
• An apartment (1 bedroom) Outside of the Centre costs an average NRs 11,634.88 in Nepal and an equivalent NRs 11,362.60 in India, and in this case, Nepal is 2.34% more expensive than India.
• Apartment (3 bedrooms) in City Centre cost average NRs 32,572.55 in Nepal and equivalent NRs 42,073.72 in India, and in this case, Nepal is 29.17% cheap than India.
• Apartments (3 bedrooms) Outside of the Centre cost an average NRs 20,254.90 in Nepal and an equivalent NRs 26,028.65 in India, and in this case, Nepal is 28.51% cheap than India.

Buy Apartment Price

• The price per Square Meter to Buy an Apartment in City Centre costs an average NRs 156,026.32 in Nepal and an equivalent NRs 150,204.15 in India, and in this case, Nepal is 3.73% more expensive than India.

Salaries And Financing

• The average Monthly Net Salary (After Tax) per person in Nepal is NRs 22,425.00 and the equivalent NRs 50,569.49 in India. And it is 125.50% more in India than in Nepal
• Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate is 11.88% in Nepal and 9.46% in India, and this here Nepal is 20.33% more than India.

By Poonam Neupane