Submitted by fyl on Sat, 2014/03/01 - 09:53.
It is hard to compare country X with country Y in a meaningful way because so many indices are meaningless. To offer a simple example, saying that heating oil is cheaper in Minnesota than Nicaragua is meaningless when you don't need any in Nicaragua.
Enter the Legatum Prosperity Index. (That link points to the Nicaragua entry.) While there is an overall rating list, the details are available and pretty interesting. You can compare Nicaragua to your home country on all sorts of items.