Cost of living comparison
Venezuela is 11.8% cheaper than Latvia overall.
- Restaurants
-
pay 0.4% more in Venezuela
- Groceries
-
pay 39.4% more in Venezuela
- Transportation
-
pay 27.5% more in Venezuela
- Housing
-
pay 23.7% less in Venezuela
- Childcare
-
pay 66.0% less in Venezuela
- Entertainment and Sports
-
pay 37.8% less in Venezuela
- Clothing
-
pay 22.7% less in Venezuela
The cost of groceries, transportation, and restaurants in Venezuela are more expensive than in Latvia. Expenses including childcare, entertainment and sports, housing, and clothing are lower in Venezuela.
If you lived in Venezuela instead of Latvia, you would:
pay 0.4% more for restaurants
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.23
€9.40
|
$9.00
VEF89.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.08
€6.51
|
$9.86
VEF98.38
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
€1.26
|
$1.29
VEF12.85
|
|
| Bottle of water (11 fl. oz) |
$1.17
€1.07
|
$0.93
VEF9.30
|
|
pay 39.4% more for groceries
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
€1.25
|
$1.82
VEF18.18
|
|
| Local cheese (8 oz) |
$5.17
€4.76
|
$2.86
VEF28.52
|
|
| Milk (1 gallon) |
$4.66
€4.28
|
$7.30
VEF72.78
|
|
|
Eggs
1 dozen
|
$2.72
€2.50
|
$2.35
VEF23.48
|
|
| Boneless chicken breast (1 lb) |
$3.05
€2.81
|
$2.73
VEF27.21
|
|
| Apples (1 lb) |
$0.58
€0.54
|
$2.19
VEF21.87
|
|
| Bananas (1 lb) |
$0.77
€0.71
|
$0.61
VEF6.11
|
|
| Oranges (1 lb) |
$1.04
€0.96
|
$0.66
VEF6.61
|
|
| Tomatoes (1 lb) |
$1.39
€1.28
|
$0.85
VEF8.43
|
|
| Potatoes (1 lb) |
$0.38
€0.35
|
$0.76
VEF7.59
|
|
| Onions (1 lb) |
$0.37
€0.34
|
$0.87
VEF8.69
|
|
pay 27.5% more for transportation
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.76
€6.21
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$39.41
€36.23
|
$31.58
VEF315.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,606.21
€23,544.86
|
$30,312.50
VEF302,352.06
|
|
| Taxi trip in downtown area (5 miles) |
$9.07
€8.34
|
$25.72
VEF256.52
|
|
pay 23.7% less for housing
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.22
€15.84
|
$37.33
VEF372.38
|
|
| 1-Bedroom apartment in downtown area |
$467.65
€430.00
|
$186.78
VEF1,863.02
|
|
| 1-Bedroom apartment outside city center |
$322.68
€296.70
|
$128.17
VEF1,278.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.83
€180.99
|
$17.23
VEF171.83
|
|
pay 66.0% less for childcare
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$427.69
€393.26
|
$64.20
VEF640.40
|
|
| Middle school for 1 child, two semesters |
$13,383.30
€12,305.92
|
$7,090.00
VEF70,719.21
|
|
pay 37.8% less for entertainment and sports
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.87
€3.56
|
$1.29
VEF12.87
|
|
| Cappuccino in mid-range area |
$3.06
€2.82
|
$2.35
VEF23.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.95
€4.55
|
$3.27
VEF32.67
|
|
| Monthly membership at local gym |
$42.71
€39.27
|
$36.50
VEF364.03
|
|
| Movie ticket to theater/cinema |
$10.00
€9.20
|
$4.92
VEF49.12
|
|
pay 22.7% less for clothing
|
Latvia
|
Venezuela
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.51
€70.35
|
$44.71
VEF445.99
|
|
|
Regular dress
from H&M or similar store
|
$43.17
€39.70
|
$38.72
VEF386.23
|
|
|
Running shoes
Nike or Adidas
|
$84.42
€77.62
|
$87.32
VEF870.97
|
|
| Men's business shoes (leather) |
$120.68
€110.96
|
$69.72
VEF695.44
|
|
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