Cost of living comparison
Venezuela is 15.9% cheaper than South Korea.
If you lived in Venezuela instead of South Korea, you would:
pay 34.9% more for restaurants
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,909
|
$9.00
VEF89.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,578
|
$9.86
VEF98.38
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,129
|
$1.29
VEF12.85
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,145
|
$0.93
VEF9.30
|
|
pay 39.7% less for groceries
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,450
|
$1.82
VEF18.18
|
|
| Local cheese (8 oz) |
$5.40
₩7,817
|
$2.86
VEF28.52
|
|
| Milk (1 gallon) |
$7.46
₩10,788
|
$7.30
VEF72.78
|
|
|
Eggs
1 dozen
|
$2.76
₩3,988
|
$2.35
VEF23.48
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,803
|
$2.73
VEF27.21
|
|
| Apples (1 lb) |
$3.17
₩4,582
|
$2.19
VEF21.87
|
|
| Bananas (1 lb) |
$1.49
₩2,153
|
$0.61
VEF6.11
|
|
| Oranges (1 lb) |
$2.53
₩3,662
|
$0.66
VEF6.61
|
|
| Tomatoes (1 lb) |
$2.41
₩3,492
|
$0.85
VEF8.43
|
|
| Potatoes (1 lb) |
$1.82
₩2,640
|
$0.76
VEF7.59
|
|
| Onions (1 lb) |
$1.21
₩1,750
|
$0.87
VEF8.69
|
|
pay 34.9% more for transportation
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,353
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$45.32
₩65,546
|
$31.58
VEF315.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,086,703
|
$30,312.50
VEF302,352.06
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,820
|
$25.72
VEF256.52
|
|
pay 22.6% less for housing
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,535
|
$37.33
VEF372.38
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩617,523
|
$186.78
VEF1,863.02
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩475,023
|
$128.17
VEF1,278.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩161,164
|
$17.23
VEF171.83
|
|
pay 75.9% less for childcare
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩540,094
|
$64.20
VEF640.40
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩33,133,975
|
$7,090.00
VEF70,719.21
|
|
pay 31.7% less for entertainment and sports
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,475
|
$1.29
VEF12.87
|
|
| Cappuccino in mid-range area |
$3.39
₩4,902
|
$2.35
VEF23.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,649
|
$3.27
VEF32.67
|
|
| Monthly membership at local gym |
$45.71
₩66,118
|
$36.50
VEF364.03
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,607
|
$4.92
VEF49.12
|
|
pay 11.3% less for clothing
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩87,804
|
$44.71
VEF445.99
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩64,398
|
$38.72
VEF386.23
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩105,578
|
$87.32
VEF870.97
|
|
| Men's business shoes (leather) |
$93.73
₩135,573
|
$69.72
VEF695.44
|
|
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