Cost of living comparison
Venezuela is 65.6% more expensive than Nigeria.
If you lived in Venezuela instead of Nigeria, you would:
pay 3.2 times more for restaurants
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$2.61
NGN4,350.17
|
$9.00
VEF89.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.61
NGN9,342.66
|
$9.86
VEF98.38
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.38
NGN633.70
|
$1.29
VEF12.85
|
|
| Bottle of water (11 fl. oz) |
$0.23
NGN377.04
|
$0.93
VEF9.30
|
|
pay 7.3% more for groceries
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.27
NGN2,112.13
|
$1.82
VEF18.18
|
|
| Local cheese (8 oz) |
$2.51
NGN4,189.28
|
$2.86
VEF28.52
|
|
| Milk (1 gallon) |
$9.86
NGN16,428.84
|
$7.30
VEF72.78
|
|
|
Eggs
1 dozen
|
$1.87
NGN3,122.64
|
$2.35
VEF23.48
|
|
| Boneless chicken breast (1 lb) |
$2.04
NGN3,391.60
|
$2.73
VEF27.21
|
|
| Apples (1 lb) |
$1.75
NGN2,913.45
|
$2.19
VEF21.87
|
|
| Bananas (1 lb) |
$0.90
NGN1,504.38
|
$0.61
VEF6.11
|
|
| Oranges (1 lb) |
$0.73
NGN1,221.08
|
$0.66
VEF6.61
|
|
| Tomatoes (1 lb) |
$0.79
NGN1,312.87
|
$0.85
VEF8.43
|
|
| Potatoes (1 lb) |
$0.82
NGN1,363.05
|
$0.76
VEF7.59
|
|
| Onions (1 lb) |
$0.83
NGN1,390.58
|
$0.87
VEF8.69
|
|
pay 37.9% more for transportation
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$2.41
NGN4,014.28
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$36.26
NGN60,416.16
|
$31.58
VEF315.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$16,757.94
NGN27,925,506.24
|
$30,312.50
VEF302,352.06
|
|
| Taxi trip in downtown area (5 miles) |
$12.54
NGN20,892.59
|
$25.72
VEF256.52
|
|
pay 31.9% less for housing
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$29.99
NGN49,982.79
|
$37.33
VEF372.38
|
|
| 1-Bedroom apartment in downtown area |
$731.80
NGN1,219,475.64
|
$186.78
VEF1,863.02
|
|
| 1-Bedroom apartment outside city center |
$456.14
NGN760,118.67
|
$128.17
VEF1,278.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$18.28
NGN30,464.74
|
$17.23
VEF171.83
|
|
pay 2.4 times more for childcare
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$85.98
NGN143,281.50
|
$64.20
VEF640.40
|
|
| Middle school for 1 child, two semesters |
$1,787.42
NGN2,978,572.28
|
$7,090.00
VEF70,719.21
|
|
pay 27.6% more for entertainment and sports
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$0.91
NGN1,508.76
|
$1.29
VEF12.87
|
|
| Cappuccino in mid-range area |
$2.04
NGN3,392.41
|
$2.35
VEF23.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
NGN2,665.28
|
$3.27
VEF32.67
|
|
| Monthly membership at local gym |
$36.79
NGN61,309.40
|
$36.50
VEF364.03
|
|
| Movie ticket to theater/cinema |
$6.47
NGN10,776.47
|
$4.92
VEF49.12
|
|
pay 64.8% more for clothing
|
Nigeria
|
Venezuela
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$17.81
NGN29,684.49
|
$44.71
VEF445.99
|
|
|
Regular dress
from H&M or similar store
|
$28.83
NGN48,049.56
|
$38.72
VEF386.23
|
|
|
Running shoes
Nike or Adidas
|
$57.22
NGN95,347.99
|
$87.32
VEF870.97
|
|
| Men's business shoes (leather) |
$57.36
NGN95,590.65
|
$69.72
VEF695.44
|
|
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