Cost of living comparison
Venezuela is 15.9% cheaper than South Korea overall.
- Restaurants
-
pay 34.9% more in Venezuela
- Groceries
-
pay 39.7% less in Venezuela
- Transportation
-
pay 34.9% more in Venezuela
- Housing
-
pay 22.6% less in Venezuela
- Childcare
-
pay 75.9% less in Venezuela
- Entertainment and Sports
-
pay 31.7% less in Venezuela
- Clothing
-
pay 11.3% less in Venezuela
The cost of restaurants and transportation in Venezuela are more expensive than in South Korea. Expenses including childcare, groceries, entertainment and sports, housing, and clothing are lower in Venezuela.
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
₩8,964
|
$9.00
VEF89.74
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,624
|
$9.86
VEF98.38
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,142
|
$1.29
VEF12.85
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,152
|
$0.93
VEF9.30
|
|
pay 39.7% less for groceries
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,477
|
$1.82
VEF18.18
|
|
| Local cheese (8 oz) |
$5.40
₩7,865
|
$2.86
VEF28.52
|
|
| Milk (1 gallon) |
$7.46
₩10,854
|
$7.30
VEF72.78
|
|
|
Eggs
1 dozen
|
$2.76
₩4,013
|
$2.35
VEF23.48
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,833
|
$2.73
VEF27.21
|
|
| Apples (1 lb) |
$3.17
₩4,610
|
$2.19
VEF21.87
|
|
| Bananas (1 lb) |
$1.49
₩2,166
|
$0.61
VEF6.11
|
|
| Oranges (1 lb) |
$2.53
₩3,684
|
$0.66
VEF6.61
|
|
| Tomatoes (1 lb) |
$2.41
₩3,514
|
$0.85
VEF8.43
|
|
| Potatoes (1 lb) |
$1.82
₩2,656
|
$0.76
VEF7.59
|
|
| Onions (1 lb) |
$1.21
₩1,761
|
$0.87
VEF8.69
|
|
pay 34.9% more for transportation
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,392
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$45.32
₩65,947
|
$31.58
VEF315.03
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,325,801
|
$30,312.50
VEF302,352.06
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,892
|
$25.72
VEF256.52
|
|
pay 22.6% less for housing
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩25,692
|
$37.33
VEF372.38
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩621,300
|
$186.78
VEF1,863.02
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩477,929
|
$128.17
VEF1,278.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩162,150
|
$17.23
VEF171.83
|
|
pay 75.9% less for childcare
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩543,398
|
$64.20
VEF640.40
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩33,336,660
|
$7,090.00
VEF70,719.21
|
|
pay 31.7% less for entertainment and sports
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,503
|
$1.29
VEF12.87
|
|
| Cappuccino in mid-range area |
$3.39
₩4,932
|
$2.35
VEF23.43
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,677
|
$3.27
VEF32.67
|
|
| Monthly membership at local gym |
$45.71
₩66,522
|
$36.50
VEF364.03
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,696
|
$4.92
VEF49.12
|
|
pay 11.3% less for clothing
|
South Korea
|
Venezuela
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩88,341
|
$44.71
VEF445.99
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩64,792
|
$38.72
VEF386.23
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩106,223
|
$87.32
VEF870.97
|
|
| Men's business shoes (leather) |
$93.73
₩136,402
|
$69.72
VEF695.44
|
|
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