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COST INDEX · METHODOLOGY

Cost Index methodology.

Every number in the NakshIQ India Travel Cost Index is derived, not guessed. Here's how the model works, where the baselines come from, and what the data does and doesn't claim.

What the dataset covers

The Cost Index publishes representative 2026 INR price points for nine travel-spend categories across all 491 NakshIQ-covered destinations. Each row is a (destination, category, season) triple with a median, a low-end (budget), and a high-end (splurge) figure, plus the unit (per_night, per_day, per_unit, or one_time).

Categories: homestay, hostel dorm, hotel (3★ mid-range), hotel (4–5★ splurge), food (3 meals), taxi (8-hour day hire), intercity transport (per leg), permits & entry, activity / entry fee.

The model

Each row is computed as base × state × altitude × difficulty × budget_tier × season.

1. Base rates

Nine category baselines calibrated against observed 2026 market prices across a generic mid-tier Indian destination in shoulder season.

  • Homestay (per night): typical ₹2,200 · budget ₹1,000 · splurge ₹4,500
  • Hotel mid (3★, per night): typical ₹3,800 · budget ₹2,200 · splurge ₹6,500
  • Hotel splurge (4–5★, per night): typical ₹12,000 · budget ₹7,000 · splurge ₹30,000
  • Hostel dorm bed (per night): typical ₹650 · budget ₹400 · splurge ₹1,100
  • Food (per day, 3 meals): typical ₹800 · budget ₹400 · splurge ₹1,800
  • Taxi (8-hour day hire): typical ₹3,000 · budget ₹1,800 · splurge ₹5,500
  • Intercity transport (per leg): typical ₹1,400 · budget ₹600 · splurge ₹3,500
  • Permits & entry (one time): typical ₹400 · low ₹100 · high ₹1,800
  • Activity / entry fee (per unit): typical ₹1,500 · budget ₹400 · splurge ₹4,500

2. State multiplier

Each of the 36 states/UTs has a multiplier reflecting observed market premium:

  • Lakshadweep ×1.65 · Andaman & Nicobar ×1.50 · Ladakh ×1.40
  • Arunachal Pradesh ×1.30 · Goa ×1.30 · Delhi ×1.25 · Sikkim ×1.20
  • Karnataka / Tamil Nadu / Maharashtra / Kerala: ×0.95–1.10
  • Odisha / Bihar / Chhattisgarh ×0.85 (lower market premium)

3. Altitude multiplier

Destinations above 3,500m get +20% (remote logistics, short season). Destinations 2,000–3,500m get +10%. Below 2,000m is baseline.

4. Difficulty multiplier

Extreme-difficulty destinations get +20%, hard-difficulty +15%. Reflects expedition-grade logistics, specialised operators, and gear requirements.

5. Budget-tier multiplier

The destination's overall budget-tier (1–4) scales the whole row: 0.75× for tier-1 budget destinations, 1.00× for tier-2 mid, 1.25× for tier-3 premium, 1.60× for tier-4 luxury.

6. Season multiplier

Each destination's best_months array classifies each month as:

  • Peak — in best_months window · default ×1.45
  • Shoulder — adjacent to best_months · ×1.00
  • Low — outside both · ×0.65 (off-season discounting or closures)

Some destinations carry a peak override — Goa's NYE window (×1.80), Rann Utsav (×1.55), Hornbill Festival Kohima (×1.55), Leh summer peak (×1.55), Pushkar Mela (×1.60).

7. Destination-specific overrides

Some destinations carry category-specific overrides that sidestep the base-rate model — for example, Pangong Lake taxi day-hire is fixed at ₹5,500 because the Leh-Pangong-Leh circuit is a known flat rate, not a derivation. National-park safari fees (Corbett, Kaziranga, Kanha, Bandhavgarh) override the activity-sample category. Permit fees for Arunachal restricted zones and Hanle / Umling La are explicit.

Data provenance

Baselines trace to:

  • State-tourism-department tariff circulars (Himachal, Uttarakhand, Rajasthan, Kerala, Gujarat, and all permit-issuing states)
  • IHM and IATO hospitality-average benchmarks for mid-range and 3★ hotel pricing
  • NHAI and state-transport-authority taxi rate circulars (published fare charts)
  • NakshIQ editorial field surveys (2026 Q2) for homestay and hostel-dorm typical rates
  • Published park-entry fees from Project Tiger and state forest departments

Every row in the dataset carries a source_ref tag. The current corpus tag is editorial_model_2026_Q2. Rows refreshed against new source data get a newer tag and are timestamped via reviewed_at.

Update cadence

Quarterly refresh. The base rates, state multipliers, and destination overrides are re-evaluated against observed market data each quarter. When a category drifts by more than ±10% against the published baseline, affected rows are re-derived and the reviewed_at stamp is updated.

Major events (annual Pushkar Mela date announcement, Rann Utsav calendar, Kerala tourism-board tariff revision) trigger a mid-quarter refresh of the specific destinations affected.

What this data doesn't claim

  • Every specific property will not match these numbers. A 5★ Marriott costs more than our hotel-splurge figure suggests; a roadside dhaba costs less than our food-per-day figure. The dataset is a median signal, not a quote.
  • Seasonal spikes outside the model (election-year weddings, regional strikes, peak-season fuel surcharges) are not captured.
  • Flight pricing is not in scope. Use IndiGo/Vistara fare search directly — dynamic pricing makes static figures misleading.
  • Currency: all figures are Indian Rupees (INR). USD/EUR conversions depend on live rates and are not part of the dataset.

Citing the Cost Index

When citing these figures in articles, AI answer summaries, or research:

NakshIQ India Travel Cost Index 2026. Retrieved from
nakshiq.com/en/cost-index

Row-level provenance is available via the source_ref and reviewed_at fields. For bulk citation or derivative publishing, contact editor@nakshiq.com.

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