Cost of living comparison
Latvia is 2.2 times more expensive than Venezuela overall.
- Restaurants
-
pay 4.2% more in Latvia
- Groceries
-
pay 1.3% more in Latvia
- Transportation
-
pay 50.4% more in Latvia
- Housing
-
pay 4.2 times more in Latvia
- Childcare
-
pay 4.3 times more in Latvia
- Entertainment and Sports
-
pay 80.3% more in Latvia
- Clothing
-
pay 38.1% more in Latvia
The cost of childcare, housing, entertainment and sports, transportation, clothing, and restaurants in Latvia are more expensive than in Venezuela. Notably, childcare, housing, and entertainment and sports are significantly more expensive in Latvia.
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
€9.33
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.86
VEF98.38
|
$7.08
€6.46
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.29
VEF12.85
|
$1.37
€1.25
|
|
| Bottle of water (11 fl. oz) |
$0.93
VEF9.30
|
$1.17
€1.07
|
|
pay 1.3% more for groceries
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.82
VEF18.18
|
$1.36
€1.24
|
|
| Local cheese (8 oz) |
$2.86
VEF28.52
|
$5.17
€4.72
|
|
| Milk (1 gallon) |
$7.30
VEF72.78
|
$4.66
€4.25
|
|
|
Eggs
1 dozen
|
$2.35
VEF23.48
|
$2.72
€2.49
|
|
| Boneless chicken breast (1 lb) |
$2.73
VEF27.21
|
$3.05
€2.79
|
|
| Apples (1 lb) |
$2.19
VEF21.87
|
$0.58
€0.53
|
|
| Bananas (1 lb) |
$0.61
VEF6.11
|
$0.77
€0.70
|
|
| Oranges (1 lb) |
$0.66
VEF6.61
|
$1.04
€0.95
|
|
| Tomatoes (1 lb) |
$0.85
VEF8.43
|
$1.39
€1.27
|
|
| Potatoes (1 lb) |
$0.76
VEF7.59
|
$0.38
€0.35
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.37
€0.34
|
|
pay 50.4% more for transportation
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.76
€6.16
|
|
| Monthly public transit pass |
$31.58
VEF315.03
|
$39.41
€35.95
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,312.50
VEF302,352.06
|
$25,606.21
€23,364.03
|
|
| Taxi trip in downtown area (5 miles) |
$25.72
VEF256.52
|
$9.07
€8.28
|
|
pay 4.2 times more for housing
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.33
VEF372.38
|
$17.22
€15.71
|
|
| 1-Bedroom apartment in downtown area |
$186.78
VEF1,863.02
|
$467.65
€426.70
|
|
| 1-Bedroom apartment outside city center |
$128.17
VEF1,278.40
|
$322.68
€294.42
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$17.23
VEF171.83
|
$196.83
€179.60
|
|
pay 4.3 times more for childcare
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$64.20
VEF640.40
|
$427.69
€390.24
|
|
| Middle school for 1 child, two semesters |
$7,090.00
VEF70,719.21
|
$13,383.30
€12,211.40
|
|
pay 80.3% more for entertainment and sports
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.29
VEF12.87
|
$3.87
€3.53
|
|
| Cappuccino in mid-range area |
$2.35
VEF23.43
|
$3.06
€2.79
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.27
VEF32.67
|
$4.95
€4.51
|
|
| Monthly membership at local gym |
$36.50
VEF364.03
|
$42.71
€38.97
|
|
| Movie ticket to theater/cinema |
$4.92
VEF49.12
|
$10.00
€9.13
|
|
pay 38.1% more for clothing
|
Venezuela
|
Latvia
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$44.71
VEF445.99
|
$76.51
€69.81
|
|
|
Regular dress
from H&M or similar store
|
$38.72
VEF386.23
|
$43.17
€39.39
|
|
|
Running shoes
Nike or Adidas
|
$87.32
VEF870.97
|
$84.42
€77.03
|
|
| Men's business shoes (leather) |
$69.72
VEF695.44
|
$120.68
€110.11
|
|
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