Cost of living in Palma de Mallorca, Spain compared to Anaco, Venezuela (using Black Market exchange rate)

warning WARNING! This comparison uses parallel "street rates" instead of the official exchange rates. You can also get this comparison using the official rates.
TOTAL + 301%
warning WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 326 prices entered by 31 different people.
These prices were last updated on October 23, 2017. Exchange rate: 33214.508 VEFX / EUR *

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Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new

in Anaco?

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International Cost of Living Index

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Cost of living in Palma de Mallorca (Spain) is 301% more expensive than in Anaco (Venezuela)

For example, you would need at least Bs 48,102 (€4,091) in Palma de Mallorca to maintain the same standard of living that you can have with Bs 12,000 in Anaco.

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