Cost of living in Venezuela compared to Italy
Currency:
| Food | - 0% | |||
|---|---|---|---|---|
| Food in Venezuela is about the same as in Italy | ||||
| Venezuela | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | US $21 (€20) | €17 | + 15% | |
| Combo meal in fast food restaurant (big mac meal or similar) | US $11 (€10) | €10 | + 5% | |
| 500 gr (1 lb.) of boneless chicken breast | US $3.30 (€3.06) | €5.64 | - 46% | |
| 1 liter (1 qt.) of whole fat milk | US $2.10 (€1.95) | €1.44 | + 35% | |
| 12 eggs, large | US $3.07 (€2.84) | €3.71 | - 23% | |
| 1 kg (2 lb.) of tomatoes | US $1.90 (€1.76) | €2.75 | - 36% | |
| 500 gr (16 oz.) of local cheese | US $3.52 (€3.26) | €7 | - 55% | |
| 1 kg (2 lb.) of apples | US $5.24 (€4.86) | €2.33 | + 108% | |
| 1 kg (2 lb.) of potatoes | US $2.23 (€2.06) | €1.83 | + 13% | |
| 0.5 l (16 oz) domestic beer in the supermarket | US $1.68 (€1.56) | €1.66 | - 6% | |
| 1 bottle of red table wine, good quality | US $11 (€11) | €8 | + 40% | |
| 2 liters of coca-cola | US $2.40 (€2.23) | €2.25 | - 1% | |
| Bread for 2 people for 1 day | US $1.23 (€1.14) | €1.29 | - 12% | |
| Housing | - 50% | |||
| Housing in Venezuela is 50% cheaper than in Italy | ||||
| Venezuela | Italy | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | US $810 (€750) | €1,701 | - 56% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | US $437 (€405) | €1,160 | - 65% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | US $42 (€39) | €163 | - 76% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | US $518 (€480) | €1,054 | - 54% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | US $319 (€296) | €792 | - 63% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | US $42 (€39) | €107 | - 63% | |
| Internet 8 mbps (1 month) | US $28 (€26) | €24 | + 9% | |
| 40” flat screen tv | US $256 (€238) | €323 | - 26% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | US $130 (€120) | €127 | - 5% | |
| Laundry detergent (3 l. ~ 100 oz.) | US $8 (€7) | €6 | + 20% | |
| Hourly rate for cleaning help | US $10 (€9) | €11 | - 17% | |
| Clothes | - 27% | |||
| Clothes in Venezuela is 27% cheaper than in Italy | ||||
| Venezuela | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | US $53 (€50) | €83 | - 40% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | US $30 (€27) | €37 | - 25% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | US $107 (€99) | €97 | + 2% | |
| 1 pair of men’s leather business shoes | US $92 (€85) | €130 | - 35% | |
| Transportation | - 38% | |||
| Transportation in Venezuela is 38% cheaper than in Italy | ||||
| Venezuela | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | US $25,842 (€23,953) | €30,939 | - 23% | |
| 1 liter (1/4 gallon) of gas | US $0.51 (€0.47) | €1.88 | - 75% | |
| Monthly ticket public transport | US $27 (€25) | €38 | - 34% | |
| Personal Care | - 24% | |||
| Personal Care in Venezuela is 24% cheaper than in Italy | ||||
| Venezuela | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | US $4.55 (€4.22) | €9 | - 52% | |
| 1 box of antibiotics (12 doses) | US $11 (€10) | €9 | + 12% | |
| Short visit to private doctor (15 minutes) | US $36 (€34) | €99 | - 66% | |
| 1 box of 32 tampons (tampax, ob, ...) | US $4.92 (€4.56) | €5.81 | - 22% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | US $4.62 (€4.28) | €3.65 | + 18% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | US $4.90 (€4.54) | €3.40 | + 34% | |
| 4 rolls of toilet paper | US $2.97 (€2.75) | €2.58 | + 7% | |
| Tube of toothpaste | US $2.50 (€2.32) | €2.73 | - 15% | |
| Standard men's haircut in expat area of the city | US $13 (€12) | €18 | - 33% | |
| Entertainment | - 43% | |||
| Entertainment in Venezuela is 43% cheaper than in Italy | ||||
| Venezuela | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | US $22 (€20) | €40 | - 50% | |
| 2 tickets to the movies | US $8 (€7) | €19 | - 62% | |
| 2 tickets to the theater (best available seats) | US $55 (€51) | €91 | - 44% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | US $36 (€33) | €80 | - 58% | |
| 1 cocktail drink in downtown club | US $7 (€7) | €9 | - 21% | |
| Cappuccino in expat area of the city | US $4.00 (€3.71) | €1.94 | + 92% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | US $1.62 (€1.50) | €5.03 | - 70% | |
| Ipad wi-fi 128gb | US $725 (€672) | €688 | - 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | US $0.16 (€0.15) | €0.35 | - 57% | |
| 1 month of gym membership in business district | US $47 (€44) | €53 | - 18% | |
| 1 package of marlboro cigarettes | US $3.15 (€2.92) | €5.86 | - 50% | |
| TOTAL | - 33% | |||
These prices were last updated on December 07, 2023.
Exchange rate:
0.927
EUR
/
USD
This comparison is based on abundant and consistent data. It is based on 3,985 prices entered by 427 different people.
Cost of living in Venezuela is 33% cheaper than in Italy
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