Cost of living comparison
Latvia is 2.2 times more expensive than Venezuela.
If you lived in Latvia instead of Venezuela, you would:
pay 4.2% more for restaurants
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$9.00
VEF89.74
|
$10.23
€9.82
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.86
VEF98.38
|
$7.08
€6.79
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.29
VEF12.85
|
$1.37
€1.31
|
|
| Bottle of water (11 fl. oz) |
$0.93
VEF9.30
|
$1.17
€1.12
|
|
pay 1.3% more for groceries
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.82
VEF18.18
|
$1.36
€1.30
|
|
| Local cheese (8 oz) |
$2.86
VEF28.52
|
$5.17
€4.97
|
|
| Milk (1 gallon) |
$7.30
VEF72.78
|
$4.66
€4.47
|
|
|
Eggs
1 dozen
|
$2.35
VEF23.48
|
$2.72
€2.61
|
|
| Boneless chicken breast (1 lb) |
$2.73
VEF27.21
|
$3.05
€2.93
|
|
| Apples (1 lb) |
$2.19
VEF21.87
|
$0.58
€0.56
|
|
| Bananas (1 lb) |
$0.61
VEF6.11
|
$0.77
€0.74
|
|
| Oranges (1 lb) |
$0.66
VEF6.61
|
$1.04
€1.00
|
|
| Tomatoes (1 lb) |
$0.85
VEF8.43
|
$1.39
€1.34
|
|
| Potatoes (1 lb) |
$0.76
VEF7.59
|
$0.38
€0.37
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.37
€0.36
|
|
pay 50.4% more for transportation
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.76
€6.48
|
|
| Monthly public transit pass |
$31.58
VEF315.03
|
$39.41
€37.82
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,312.50
VEF302,352.06
|
$25,606.21
€24,578.81
|
|
| Taxi trip in downtown area (5 miles) |
$25.72
VEF256.52
|
$9.07
€8.71
|
|
pay 4.2 times more for housing
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.33
VEF372.38
|
$17.22
€16.53
|
|
| 1-Bedroom apartment in downtown area |
$186.78
VEF1,863.02
|
$467.65
€448.89
|
|
| 1-Bedroom apartment outside city center |
$128.17
VEF1,278.40
|
$322.68
€309.73
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$17.23
VEF171.83
|
$196.83
€188.94
|
|
pay 4.3 times more for childcare
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$64.20
VEF640.40
|
$427.69
€410.53
|
|
| Middle school for 1 child, two semesters |
$7,090.00
VEF70,719.21
|
$13,383.30
€12,846.32
|
|
pay 80.3% more for entertainment and sports
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.29
VEF12.87
|
$3.87
€3.71
|
|
| Cappuccino in mid-range area |
$2.35
VEF23.43
|
$3.06
€2.94
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.27
VEF32.67
|
$4.95
€4.75
|
|
| Monthly membership at local gym |
$36.50
VEF364.03
|
$42.71
€41.00
|
|
| Movie ticket to theater/cinema |
$4.92
VEF49.12
|
$10.00
€9.60
|
|
pay 38.1% more for clothing
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$44.71
VEF445.99
|
$76.51
€73.44
|
|
|
Regular dress
from H&M or similar store
|
$38.72
VEF386.23
|
$43.17
€41.44
|
|
|
Running shoes
Nike or Adidas
|
$87.32
VEF870.97
|
$84.42
€81.03
|
|
| Men's business shoes (leather) |
$69.72
VEF695.44
|
$120.68
€115.84
|
|
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