Cost of living in Valencia, Venezuela vs London, United Kingdom (using Black Market exchange rate)
WARNING!
This comparison uses parallel "street rates" instead of the official exchange rates.
You can also get this comparison using the official rates.
Currency:
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| Food | - 94% | |||
|---|---|---|---|---|
| Food in Valencia (Venezuela) is 94% cheaper than in London (United Kingdom) | ||||
| Basic lunchtime menu (including a drink) in the business district | 215,791 Bs.S. [BM] | 4,513,347 Bs.S. [BM] | - 95% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 137,248 Bs.S. [BM] | 2,529,553 Bs.S. [BM] | - 95% | |
| 500 gr (1 lb.) of boneless chicken breast | 41,574 Bs.S. [BM] | 1,339,246 Bs.S. [BM] | - 97% | |
| 1 liter (1 qt.) of whole fat milk | 10,592 Bs.S. [BM] | 367,197 Bs.S. [BM] | - 97% | |
| 12 eggs, large | 29,544 Bs.S. [BM] | 1,125,544 Bs.S. [BM] | - 97% | |
| 1 kg (2 lb.) of tomatoes | 68,320 Bs.S. [BM] | 741,655 Bs.S. [BM] | - 91% | |
| 500 gr (16 oz.) of local cheese | 75,217 Bs.S. [BM] | 1,720,400 Bs.S. [BM] | - 96% | |
| 1 kg (2 lb.) of apples | 55,202 Bs.S. [BM] | 786,431 Bs.S. [BM] | - 93% | |
| 1 kg (2 lb.) of potatoes | 22,174 Bs.S. [BM] | 312,432 Bs.S. [BM] | - 93% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 78,986 Bs.S. [BM] | 770,870 Bs.S. [BM] | - 90% | |
| 1 bottle of red table wine, good quality | 403,264 Bs.S. [BM] | 3,914,102 Bs.S. [BM] | - 90% | |
| 2 liters of coca-cola | 35,947 Bs.S. [BM] | 821,718 Bs.S. [BM] | - 96% | |
| Bread for 2 people for 1 day | 31,356 Bs.S. [BM] | 447,351 Bs.S. [BM] | - 93% | |
| Housing | - 90% | |||
| Housing in Valencia (Venezuela) is 90% cheaper than in London (United Kingdom) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 53,336,100 Bs.S. [BM] | 1,037,267,890 Bs.S. [BM] | - 95% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 28,920,300 Bs.S. [BM] | 723,330,658 Bs.S. [BM] | - 96% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 62,599,104 Bs.S. [BM] | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 23,278,400 Bs.S. [BM] | 750,835,053 Bs.S. [BM] | - 97% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 6,634,840 Bs.S. [BM] | 515,222,500 Bs.S. [BM] | - 99% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | 41,758,571 Bs.S. [BM] | - | |
| Internet 8 mbps (1 month) | 951,212 Bs.S. [BM] | 8,937,623 Bs.S. [BM] | - 89% | |
| 40” flat screen tv | 7,500,000 Bs.S. [BM] | 126,641,898 Bs.S. [BM] | - 94% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | 32,985,235 Bs.S. [BM] | - | |
| Laundry detergent (3 l. ~ 100 oz.) | 99,535 Bs.S. [BM] | 2,325,794 Bs.S. [BM] | - 96% | |
| Hourly rate for cleaning help | 75,000 Bs.S. [BM] | 5,273,342 Bs.S. [BM] | - 99% | |
| Clothes | - 92% | |||
| Clothes in Valencia (Venezuela) is 92% cheaper than in London (United Kingdom) | ||||
| 1 pair of jeans (levis 501 or similar) | 833,000 Bs.S. [BM] | 30,478,838 Bs.S. [BM] | - 97% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 1,980,000 Bs.S. [BM] | 14,190,204 Bs.S. [BM] | - 86% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 324,011 Bs.S. [BM] | 33,188,798 Bs.S. [BM] | - 99% | |
| 1 pair of men’s leather business shoes | 477,279 Bs.S. [BM] | 38,619,761 Bs.S. [BM] | - 99% | |
| Transportation | - 88% | |||
| Transportation in Valencia (Venezuela) is 88% cheaper than in London (United Kingdom) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 792,000,000 Bs.S. [BM] | 8,375,206,827 Bs.S. [BM] | - 91% | |
| 1 liter (1/4 gallon) of gas | - | 473,145 Bs.S. [BM] | - | |
| Monthly ticket public transport | 960,315 Bs.S. [BM] | 58,352,769 Bs.S. [BM] | - 98% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | 10,306,739 Bs.S. [BM] | - | |
| Personal Care | - 90% | |||
| Personal Care in Valencia (Venezuela) is 90% cheaper than in London (United Kingdom) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | - | 1,421,639 Bs.S. [BM] | - | |
| 1 box of antibiotics (12 doses) | 161,070 Bs.S. [BM] | 3,388,064 Bs.S. [BM] | - 95% | |
| Short visit to private doctor (15 minutes) | 1,531,870 Bs.S. [BM] | 42,059,357 Bs.S. [BM] | - 96% | |
| 1 box of 32 tampons (tampax, ob, ...) | 15,000 Bs.S. [BM] | 1,478,346 Bs.S. [BM] | - 99% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 30,000 Bs.S. [BM] | 865,017 Bs.S. [BM] | - 97% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 30,000 Bs.S. [BM] | 1,377,300 Bs.S. [BM] | - 98% | |
| 4 rolls of toilet paper | 17,546 Bs.S. [BM] | 791,941 Bs.S. [BM] | - 98% | |
| Tube of toothpaste | 15,000 Bs.S. [BM] | 656,379 Bs.S. [BM] | - 98% | |
| Standard men's haircut in expat area of the city | 198,000 Bs.S. [BM] | 7,351,854 Bs.S. [BM] | - 97% | |
| Entertainment | - 69% | |||
| Entertainment in Valencia (Venezuela) is 69% cheaper than in London (United Kingdom) | ||||
| Basic dinner out for two in neighborhood pub | 232,047 Bs.S. [BM] | 15,803,161 Bs.S. [BM] | - 99% | |
| 2 tickets to the movies | 50,000 Bs.S. [BM] | 10,464,842 Bs.S. [BM] | - 100% | |
| 2 tickets to the theater (best available seats) | - | 80,389,617 Bs.S. [BM] | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 500,000 Bs.S. [BM] | 31,262,928 Bs.S. [BM] | - 98% | |
| 1 cocktail drink in downtown club | 60,000 Bs.S. [BM] | 4,660,246 Bs.S. [BM] | - 99% | |
| Cappuccino in expat area of the city | 15,000 Bs.S. [BM] | 1,416,944 Bs.S. [BM] | - 99% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 10,000 Bs.S. [BM] | 2,249,574 Bs.S. [BM] | - 100% | |
| Ipad wi-fi 128gb | - | 185,065,747 Bs.S. [BM] | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | 55,098 Bs.S. [BM] | - | |
| 1 month of gym membership in business district | - | 21,656,348 Bs.S. [BM] | - | |
| 1 package of marlboro cigarettes | 31,169 Bs.S. [BM] | 4,843,970 Bs.S. [BM] | - 99% | |
| TOTAL | - 88% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,988 prices entered by 370 different people.
These prices were last updated on March 03, 2021.
Exchange rate:
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GBP
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Cost of living in Valencia (Venezuela) is 88% cheaper than in London (United Kingdom)
For example, to keep the same standard of living that would require £7,400 in London you would need to make just about £920 (346,261,984 Bs.S.) in Valencia.
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