Cost of living comparison

Venezuela

compared to

Armenia

Armenia vs. Venezuela Cost of Living Summary

Armenia is 60.6% more expensive than Venezuela overall.

Restaurants: pay 17.8% less in Armenia
Groceries: pay 20.4% less in Armenia
Transportation: pay 0.4% more in Armenia
Housing: pay 3.2 times more in Armenia
Childcare: pay 2.7 times more in Armenia
Entertainment and Sports: pay 26.3% more in Armenia
Clothing: pay 39.8% more in Armenia

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

Armenia vs. Venezuela Cost Breakdown

If you lived in Armenia instead of Venezuela, you would:

Display currency: USD

pay 17.8% less for restaurants

	Venezuela	Armenia
Basic meal with drink at inexpensive restaurant	$9.00 VEF89.74	$10.61 AMD4,147.82	+17.9%
Fast food combo meal McDonalds, or similar	$9.86 VEF98.38	$9.00 AMD3,519.37	-8.7%
Bottle of Coca-Cola (11 fl. oz)	$1.29 VEF12.85	$0.86 AMD336.57	-33.2%
Bottle of water (11 fl. oz)	$0.93 VEF9.30	$0.49 AMD192.12	-47.3%
Average			-17.8%

Venezuela vs. Armenia - Cost of restaurants

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pay 20.4% less for groceries

	Venezuela	Armenia
Bread 1 loaf	$1.82 VEF18.18	$0.70 AMD272.69	-61.7%
Local cheese (8 oz)	$2.86 VEF28.52	$3.88 AMD1,517.77	+35.8%
Milk (1 gallon)	$7.30 VEF72.78	$5.47 AMD2,139.60	-25.0%
Eggs 1 dozen	$2.35 VEF23.48	$2.20 AMD858.42	-6.7%
Boneless chicken breast (1 lb)	$2.73 VEF27.21	$3.20 AMD1,252.57	+17.4%
Apples (1 lb)	$2.19 VEF21.87	$0.56 AMD218.26	-74.5%
Bananas (1 lb)	$0.61 VEF6.11	$0.73 AMD286.71	+19.6%
Oranges (1 lb)	$0.66 VEF6.61	$0.64 AMD249.52	-3.7%
Tomatoes (1 lb)	$0.85 VEF8.43	$0.80 AMD311.18	-5.8%
Potatoes (1 lb)	$0.76 VEF7.59	$0.34 AMD131.21	-55.9%
Onions (1 lb)	$0.87 VEF8.69	$0.31 AMD122.91	-63.9%
Average			-20.4%

Venezuela vs. Armenia - Cost of groceries

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pay 0.4% more for transportation

	Venezuela	Armenia
Gasoline (1 gallon)	$1.89 VEF18.88	$4.63 AMD1,808.26	+144.4%
Monthly public transit pass	$31.58 VEF315.03	$12.86 AMD5,027.67	-59.3%
New Volkswagen Golf 1.4 (standard edition)	$30,312.50 VEF302,352.06	$30,864.95 AMD12,066,399.67	+1.8%
Taxi trip in downtown area (5 miles)	$25.72 VEF256.52	$3.76 AMD1,468.08	-85.4%
Average			+0.4%

Venezuela vs. Armenia - Cost of transportation

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pay 3.2 times more for housing

	Venezuela	Armenia
Internet connection 50 mbps or faster, cable/dsl	$37.33 VEF372.38	$19.21 AMD7,509.62	-48.5%
1-Bedroom apartment in downtown area	$186.78 VEF1,863.02	$684.28 AMD267,512.12	+266.4%
1-Bedroom apartment outside city center	$128.17 VEF1,278.40	$447.92 AMD175,109.81	+249.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$17.23 VEF171.83	$89.01 AMD34,796.73	+416.7%
Average			+221.0%

Venezuela vs. Armenia - Cost of housing

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pay 2.7 times more for childcare

	Venezuela	Armenia
Private preschool for 1 child, monthly	$64.20 VEF640.40	$270.71 AMD105,832.38	+321.6%
Middle school for 1 child, two semesters	$7,090.00 VEF70,719.21	$9,038.40 AMD3,533,488.73	+27.5%
Average			+174.6%

Venezuela vs. Armenia - Cost of childcare

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pay 26.3% more for entertainment and sports

	Venezuela	Armenia
Domestic/local beer (1 pint)	$1.29 VEF12.87	$1.67 AMD653.60	+29.6%
Cappuccino in mid-range area	$2.35 VEF23.43	$2.87 AMD1,120.87	+22.1%
Pack of cigarettes Marlboro or similar	$3.27 VEF32.67	$2.57 AMD1,005.53	-21.5%
Monthly membership at local gym	$36.50 VEF364.03	$67.15 AMD26,253.37	+84.0%
Movie ticket to theater/cinema	$4.92 VEF49.12	$5.79 AMD2,262.45	+17.5%
Average			+26.3%

Venezuela vs. Armenia - Cost of entertainment and sports

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pay 39.8% more for clothing

	Venezuela	Armenia
Regular jeans Levi's brand	$44.71 VEF445.99	$70.99 AMD27,753.44	+58.8%
Regular dress from H&M or similar store	$38.72 VEF386.23	$51.27 AMD20,042.97	+32.4%
Running shoes Nike or Adidas	$87.32 VEF870.97	$139.93 AMD54,703.65	+60.2%
Men's business shoes (leather)	$69.72 VEF695.44	$75.15 AMD29,379.06	+7.8%
Average			+39.8%

Venezuela vs. Armenia - Cost of clothing

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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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