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- Venezuela
- Nigeria
- Comparison
Cost of living in Venezuela compared to Nigeria
Currency:
| Food | - 10% | |||
|---|---|---|---|---|
| Food in Venezuela is 10% cheaper than in Nigeria | ||||
| Basic lunchtime menu (including a drink) in the business district | 19,372 Bs.S. (2,115 ₦) | 2,386 ₦ | - 11% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | 14,966 Bs.S. (1,634 ₦) | 1,947 ₦ | - 16% | |
| 500 gr (1 lb.) of boneless chicken breast | 4,661 Bs.S. (509 ₦) | 947 ₦ | - 46% | |
| 1 liter (1 qt.) of whole fat milk | 4,349 Bs.S. (475 ₦) | 911 ₦ | - 48% | |
| 12 eggs, large | 4,792 Bs.S. (523 ₦) | 582 ₦ | - 10% | |
| 1 kg (2 lb.) of tomatoes | 2,697 Bs.S. (295 ₦) | 700 ₦ | - 58% | |
| 500 gr (16 oz.) of local cheese | 10,139 Bs.S. (1,107 ₦) | 2,135 ₦ | - 48% | |
| 1 kg (2 lb.) of apples | 23,234 Bs.S. (2,537 ₦) | 1,160 ₦ | + 119% | |
| 1 kg (2 lb.) of potatoes | 4,974 Bs.S. (543 ₦) | 782 ₦ | - 31% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 5,506 Bs.S. (601 ₦) | 298 ₦ | + 102% | |
| 1 bottle of red table wine, good quality | 29,433 Bs.S. (3,214 ₦) | 2,318 ₦ | + 39% | |
| 2 liters of Coca-Cola | 3,750 Bs.S. (409 ₦) | 364 ₦ | + 13% | |
| Bread for 2 people for 1 day | 2,476 Bs.S. (270 ₦) | 360 ₦ | - 25% | |
| Housing | - 22% | |||
| Housing in Venezuela is 22% cheaper than in Nigeria | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | 1,717,020 Bs.S. (187,485 ₦) | 363,465 ₦ | - 48% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | 1,547,210 Bs.S. (168,943 ₦) | 255,550 ₦ | - 34% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 27,273 ₦ | - | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | 994,701 Bs.S. (108,613 ₦) | 260,974 ₦ | - 58% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | 610,351 Bs.S. (66,645 ₦) | 174,928 ₦ | - 62% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | 82,670 Bs.S. (9,027 ₦) | 13,154 ₦ | - 31% | |
| Internet 8 Mbps (1 month) | 129,176 Bs.S. (14,105 ₦) | 8,041 ₦ | + 75% | |
| 40” flat screen TV | 1,085,740 Bs.S. (118,554 ₦) | 106,635 ₦ | + 11% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | 833,833 Bs.S. (91,048 ₦) | 33,761 ₦ | + 170% | |
| Laundry detergent (3 l. ~ 100 oz.) | 46,329 Bs.S. (5,059 ₦) | 1,602 ₦ | + 216% | |
| Hourly rate for cleaning help | 14,259 Bs.S. (1,557 ₦) | 2,092 ₦ | - 26% | |
| Clothes | + 38% | |||
| Clothes in Venezuela is 38% more expensive than in Nigeria | ||||
| 1 pair of jeans (Levis 501 or similar) | 149,073 Bs.S. (16,278 ₦) | 8,333 ₦ | + 95% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | 136,770 Bs.S. (14,934 ₦) | 11,637 ₦ | + 28% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | 263,897 Bs.S. (28,815 ₦) | 17,226 ₦ | + 67% | |
| 1 pair of men’s leather business shoes | 310,346 Bs.S. (33,887 ₦) | 28,300 ₦ | + 20% | |
| Transportation | - 3% | |||
| Transportation in Venezuela is about the same as in Nigeria | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | 70,014,700 Bs.S. (7,645,037 ₦) | 3,130,190 ₦ | + 144% | |
| 1 liter (1/4 gallon) of gas | - | 149 ₦ | - | |
| Monthly ticket public transport | 42,304 Bs.S. (4,619 ₦) | 10,263 ₦ | - 55% | |
| Personal Care | + 129% | |||
| Personal Care in Venezuela is 129% more expensive than in Nigeria | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | 60,000 Bs.S. (6,552 ₦) | 1,910 ₦ | + 243% | |
| 1 box of antibiotics (12 doses) | 46,943 Bs.S. (5,126 ₦) | 2,106 ₦ | + 143% | |
| Short visit to private Doctor (15 minutes) | 60,085 Bs.S. (6,561 ₦) | 7,619 ₦ | - 14% | |
| 1 box of 32 tampons (Tampax, OB, ...) | 32,093 Bs.S. (3,504 ₦) | 1,463 ₦ | + 140% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 21,938 Bs.S. (2,395 ₦) | 1,231 ₦ | + 95% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 24,080 Bs.S. (2,629 ₦) | 1,272 ₦ | + 107% | |
| 4 rolls of toilet paper | 16,590 Bs.S. (1,812 ₦) | 335 ₦ | + 440% | |
| Tube of toothpaste | 4,990 Bs.S. (545 ₦) | 469 ₦ | + 16% | |
| Standard men's haircut in expat area of the city | 14,891 Bs.S. (1,626 ₦) | 2,328 ₦ | - 30% | |
| Entertainment | - 29% | |||
| Entertainment in Venezuela is 29% cheaper than in Nigeria | ||||
| Basic dinner out for two in neighborhood pub | 32,347 Bs.S. (3,532 ₦) | 4,816 ₦ | - 27% | |
| 2 tickets to the movies | 9,310 Bs.S. (1,017 ₦) | 3,341 ₦ | - 70% | |
| 2 tickets to the theater (best available seats) | 196,152 Bs.S. (21,418 ₦) | 15,421 ₦ | + 39% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | 94,801 Bs.S. (10,351 ₦) | 15,117 ₦ | - 32% | |
| 1 cocktail drink in downtown club | 10,814 Bs.S. (1,181 ₦) | 2,456 ₦ | - 52% | |
| Cappuccino in expat area of the city | 4,908 Bs.S. (536 ₦) | 1,445 ₦ | - 63% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 4,965 Bs.S. (542 ₦) | 644 ₦ | - 16% | |
| iPad Wi-Fi 128GB | 1,137,040 Bs.S. (124,156 ₦) | 136,721 ₦ | - 9% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 481 Bs.S. (53 ₦) | 62 ₦ | - 16% | |
| 1 month of gym membership in business district | 58,142 Bs.S. (6,349 ₦) | 16,510 ₦ | - 62% | |
| 1 package of Marlboro cigarettes | 9,584 Bs.S. (1,047 ₦) | 464 ₦ | + 126% | |
| TOTAL | - 7% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,526 prices entered by 262 different people.
These prices were last updated on April 22, 2019.
Exchange rate:
0.10919
NGN
/
VES
*
Cost of living in Venezuela is 7% cheaper than in Nigeria
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