Cost of living in Caracas, Venezuela vs Arezzo, Italy

warning WARNING! Caracas has artificial and unrealistic official exchange rates. You can also get this comparison using the parallel street rate in Caracas.
TOTAL - 30%
warning WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,132 prices entered by 127 different people.
These prices were last updated on January 19, 2019. Exchange rate: 0.00292 EUR / VES *

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Furnished studio in NORMAL area

in Arezzo?

International Cost of Living Index

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Cost of living in Caracas (Venezuela) is 30% cheaper than in Arezzo (Italy)

For example, to keep the same standard of living that would require €2,700 in Arezzo you would need to make just about €1,882 (645,135 Bs.S.) in Caracas.

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