Cost of living comparison

 Guinea-Bissau
compared to
 Venezuela
Venezuela vs. Guinea-Bissau Cost of Living Summary

Venezuela is 28.5% more expensive than Guinea-Bissau overall.

Restaurants
pay 10.9% more in Venezuela
Groceries
pay 96.5% more in Venezuela
Transportation
pay 57.6% more in Venezuela
Housing
pay 48.8% less in Venezuela
Childcare
pay 57.9% more in Venezuela
Entertainment and Sports
pay 52.7% more in Venezuela
Clothing
pay 27.5% less in Venezuela

The cost of groceries, childcare, transportation, entertainment and sports, and restaurants in Venezuela are more expensive than in Guinea-Bissau. Expenses including housing and clothing are lower in Venezuela. Notably, groceries is significantly more expensive in Venezuela.

Venezuela vs. Guinea-Bissau Cost Breakdown

If you lived in Venezuela instead of Guinea-Bissau, you would:

pay 10.9% more for restaurants

 
Guinea-Bissau
Venezuela
Basic meal with drink at inexpensive restaurant $4.90
F CFA2,831
$9.00
VEF89.74
Fast food combo meal
McDonalds, or similar
$9.43
F CFA5,445
$9.86
VEF98.38
Bottle of Coca-Cola (11 fl. oz) $1.31
F CFA755
$1.29
VEF12.85

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pay 96.5% more for groceries

 
Guinea-Bissau
Venezuela
Bread
1 loaf
$0.90
F CFA520
$1.82
VEF18.18
Local cheese (8 oz) $7.28
F CFA4,202
$2.86
VEF28.52
Milk (1 gallon) $6.18
F CFA3,572
$7.30
VEF72.78

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pay 57.6% more for transportation

 
Guinea-Bissau
Venezuela
Gasoline (1 gallon) $4.52
F CFA2,610
$1.89
VEF18.88
Monthly public transit pass $25.57
F CFA14,768
$31.58
VEF315.03
New Volkswagen Golf 1.4 (standard edition) $32,027.10
F CFA18,496,564
$30,312.50
VEF302,352.06

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pay 48.8% less for housing

 
Guinea-Bissau
Venezuela
Internet connection
50 mbps or faster, cable/dsl
$45.27
F CFA26,144
$37.33
VEF372.38
1-Bedroom apartment in downtown area $433.95
F CFA250,621
$186.78
VEF1,863.02
1-Bedroom apartment outside city center $225.47
F CFA130,216
$128.17
VEF1,278.40

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pay 57.9% more for childcare

 
Guinea-Bissau
Venezuela
Private preschool for 1 child, monthly $765.65
F CFA442,183
$64.20
VEF640.40
Middle school for 1 child, two semesters $2,307.50
F CFA1,332,649
$7,090.00
VEF70,719.21

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pay 52.7% more for entertainment and sports

 
Guinea-Bissau
Venezuela
Domestic/local beer (1 pint) $1.55
F CFA896
$1.29
VEF12.87
Cappuccino in mid-range area $2.04
F CFA1,180
$2.35
VEF23.43
Pack of cigarettes
Marlboro or similar
$1.63
F CFA944
$3.27
VEF32.67

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pay 27.5% less for clothing

 
Guinea-Bissau
Venezuela
Regular jeans
Levi's brand
$89.86
F CFA51,899
$44.71
VEF445.99
Regular dress
from H&M or similar store
$57.19
F CFA33,027
$38.72
VEF386.23
Running shoes
Nike or Adidas
$81.69
F CFA47,181
$87.32
VEF870.97

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025
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