Cost of living in Bologna (Italy) is 159% more expensive than in Anaco (Venezuela)
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 414 prices entered by 46 different people.
For example, you would need at least 31,137 Bs.S. (€91) in Bologna to maintain the same standard of living that you can have with 12,000 Bs.S. in Anaco.