Cost of Living Comparison Between Italy and Venezuela Cost of Living Comparison Between Italy and Venezuela

Name: Venezuela
Address: VE

Monthly Cost of Living

Monthly costs for one person with rent: $1,720 in Italy versus $606 in Venezuela.

Estimated couple costs with rent: $2,626 in Italy versus $1,014 in Venezuela.

Monthly costs for a family of three with rent: $3,531 in Italy versus $1,422 in Venezuela.

Living in Italy is roughly 184% more expensive than in Venezuela on average.

Italy (29% above) and Venezuela (54% below) straddle the global median.

Meal at Budget Restaurant

$17.16 €14.96

$10.18 VES 7,559

68.57%

Three-Course Dinner for Two, Mid-Range

$81.4 €70.9

$50.8 VES 37.7K

60.26%

Fast Food Meal (McDonalds, etc)

$11.60 €10.11

$10.03 VES 7,443

15.65%

Cappuccino

$1.98 €1.73

$2.18 VES 1,616

-9.17%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.00 €2.62

$1.14 VES 849

163.16%

Water (0.33 liter bottle)

$1.36 €1.18

$0.92 VES 685

47.83%

Local Beer (0.5 liter draught)

$5.92 €5.16

$1.46 VES 1,082

305.48%

Imported Beer (0.33 liter bottle)

$5.25 €4.58

$2.05 VES 1,520

156.10%

Milk (1 liter)

$1.70 €1.49

$1.79 VES 1,329

-5.03%

White Bread (500g)

$2.37 €2.07

$1.78 VES 1,319

33.15%

Rice (white) (1kg)

$3.03 €2.65

$1.24 VES 923

144.35%

Eggs

$3.95 €3.44

$2.50 VES 1,853

58.00%

Local Cheese (1kg)

$16.66 €14.53

$5.94 VES 4,407

180.47%

Chicken Fillets (1kg)

$12.26 €10.68

$6.80 VES 5,050

80.29%

Beef Round Steak (1kg)

$20.06 €17.49

$7.00 VES 5,196

186.57%

Apples (1kg)

$2.55 €2.23

$4.65 VES 3,452

-45.16%

Banana (1kg)

$2.20 €1.92

$1.42 VES 1,055

54.93%

Oranges (1kg)

$2.75 €2.40

$1.73 VES 1,284

58.96%

Tomato (1kg)

$3.22 €2.81

$1.89 VES 1,405

70.37%

Potato (1kg)

$1.94 €1.69

$1.80 VES 1,340

7.78%

Onion (1kg)

$1.82 €1.59

$1.83 VES 1,355

-0.55%

Lettuce (1 head)

$1.48 €1.29

$1.17 VES 868

26.50%

Water (1.5 liter bottle)

$0.50 €0.43

$1.60 VES 1,189

-68.75%

Cigarettes 20 Pack (Marlboro, Camel)

$7.13 €6.21

$3.63 VES 2,693

96.42%

Wine (Bottle)

$7.37 €6.43

$10.12 VES 7,511

-27.17%

Local Beer (0.5 liter bottle)

$1.76 €1.53

$1.14 VES 844

54.39%

Imported Beer (0.33 liter bottle)

$2.53 €2.20

$1.84 VES 1,369

37.50%

One-way Ticket (Public Transport)

$1.99 €1.73

$0.49 VES 363

306.12%

Public Transport Monthly Pass (Regular Price)

$42.32 €36.90

$30.14 VES 22.4K

40.41%

Taxi Start (Normal Tariff)

$5.67 €4.94

$3.90 VES 2,893

45.38%

Taxi (Normal Tariff) (1km)

$1.52 €1.32

$3.02 VES 2,242

-49.67%

Taxi 1hour Waiting (Normal Tariff)

$34.94 €30.46

$9.94 VES 7,376

251.51%

Gasoline (1 liter)

$2.09 €1.83

$0.52 VES 387

301.92%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$32.7K €28.5K

$29.5K VES 21.9M

10.72%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$32.9K €28.7K

$38.0K VES 28.2M

-13.47%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$227 €198

$20.68 VES 15.4K

996.42%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$13.58 €11.84

$12.05 VES 8,945

12.70%

Internet (50+ Mbps, Unlimited Data)

$31.57 €27.52

$37.62 VES 27.9K

-16.08%

Gym Membership (Monthly)

$57.7 €50.3

$37.31 VES 27.7K

54.54%

Tennis Court (1 Hour on Weekend)

$25.23 €22.00

$15.37 VES 11.4K

64.15%

Cinema Ticket

$10.59 €9.24

$4.92 VES 3,651

115.24%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$568 €495

$68.2 VES 50.6K

732.74%

International Primary School, 1 Child (Yearly)

$10.5K €9,187

$5,324 VES 4.0M

97.91%

Jeans (Levis 501 Or Similar)

$90.7 €79.0

$46.73 VES 34.7K

94.01%

Summer Dress (H&M, Zara, etc)

$40.49 €35.30

$37.40 VES 27.8K

8.26%

Sport Shoes (Adidas, Nike)

$99.8 €87.0

$80.4 VES 59.7K

24.13%

Men's Leather Business Shoes

$130 €113

$75.1 VES 55.7K

72.60%

1-bedroom Apartment, City Center (Monthly)

$865 €754

$240 VES 178.0K

260.66%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €586

$191 VES 142.0K

251.64%

3-bedroom Apartment, City Center (Monthly)

$1,523 €1,328

$463 VES 343.5K

229.23%

3-bedroom Apartment, Outside City Center (Monthly)

$1,078 €940

$360 VES 267.6K

199.13%

Buy Apartment in City Center (m2)

$3,767 €3,284

$754 VES 559.7K

399.62%

Buy Apartment Outside City Center (m2)

$2,360 €2,058

$460 VES 341.3K

413.41%

Average Monthly Net Salary (After Tax)

$1,949 €1,699

$210 VES 155.8K

828.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

21.44

-79.43%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Italy: July 27, 2026

Last update for Venezuela: July 26, 2026

Cost Breakdown

National rent averages: $743 in Italy, $119 in Venezuela. Capital cities: $1,334 in Rome vs $447 in Caracas.

National salary averages: $1,912 in Italy, $202 in Venezuela. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 524% higher in Italy.

Dining out costs 111% more in Italy.

Public transport is 267% more expensive in Italy.

Salaries are 847% higher in Italy, and purchasing power comes out stronger in Italy.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Italy vs Venezuela: Cost of Living - Frequently Asked Questions

At $1,817 per month in Italy and $582 in Venezuela, there's a 212% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is simply cheaper in Venezuela: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent in Italy is consistently higher than in Venezuela across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.

In Venezuela, $1,500 covers most cities easily; in Italy it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Venezuela wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.