Last update: Nov 2026

Cost of Living Comparison Between Italy and Venezuela

Name: Venezuela
Address: VE

For one person, living is cheaper in Venezuela: $939 a month against $1,832 in Italy, rent and utilities included – about $10,700 less a year. Rent and utilities account for most of the difference.

88

Cost of Living Index in Italy
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Italy Living Index
45

Cost of Living Index in Venezuela
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Venezuela Living Index

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🇮🇹 Italy

$1,832

/mo nomad

🇻🇪 Venezuela

$939

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy and in Venezuela

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Italy and in Venezuela actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,832 in Italy versus $939 in Venezuela.

Italy $1,832
Venezuela $939

Estimated couple costs with rent: $2,809 in Italy versus $1,580 in Venezuela.

Italy $2,809
Venezuela $1,580

Monthly costs for a family of three with rent: $3,787 in Italy versus $2,222 in Venezuela.

Italy $3,787
Venezuela $2,222

Italy ($1,163–$2,537) and Venezuela ($53–$1,379) have similar cost spreads. Where you settle within each country has roughly equal impact on the budget.

Living in Italy is roughly 95% more expensive than in Venezuela on average.

Italy (35% above) and Venezuela (31% below) straddle the global median.

Meal at Budget Restaurant

$20.47 €18.22

$9.91 VES 8,846

106.56%

Three-Course Dinner for Two, Mid-Range

$78.9 €70.2

$59.2 VES 52.8K

33.28%

Fast Food Meal (McDonalds, etc)

$11.23 €10.00

$10.07 VES 8,993

11.52%

Cappuccino

$2.04 €1.82

$2.58 VES 2,299

-20.93%

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

$3.09 €2.75

$1.37 VES 1,220

125.55%

Water (0.33 liter bottle)

$1.34 €1.19

$1.09 VES 977

22.94%

Local Beer (0.5 liter draught)

$5.71 €5.09

$1.54 VES 1,374

270.78%

Imported Beer (0.33 liter bottle)

$5.43 €4.83

$3.04 VES 2,718

78.62%

Milk (1 liter)

$1.57 €1.40

$2.37 VES 2,117

-33.76%

White Bread (500g)

$2.39 €2.13

$1.91 VES 1,705

25.13%

Rice (white) (1kg)

$2.85 €2.54

$1.53 VES 1,362

86.27%

Eggs

$4.19 €3.73

$3.19 VES 2,846

31.35%

Local Cheese (1kg)

$17.06 €15.19

$7.07 VES 6,313

141.30%

Chicken Fillets (1kg)

$12.49 €11.12

$7.46 VES 6,662

67.43%

Beef Round Steak (1kg)

$20.30 €18.08

$8.92 VES 7,962

127.58%

Apples (1kg)

$2.61 €2.33

$5.76 VES 5,138

-54.69%

Banana (1kg)

$2.18 €1.94

$1.69 VES 1,510

28.99%

Oranges (1kg)

$2.59 €2.30

$1.84 VES 1,644

40.76%

Tomato (1kg)

$3.31 €2.95

$2.11 VES 1,881

56.87%

Potato (1kg)

$2.01 €1.79

$1.83 VES 1,634

9.84%

Onion (1kg)

$1.82 €1.62

$1.87 VES 1,666

-2.67%

Lettuce (1 head)

$1.57 €1.40

$1.37 VES 1,224

14.60%

Water (1.5 liter bottle)

$0.52 €0.46

$2.00 VES 1,785

-74.00%

Cigarettes 20 Pack (Marlboro, Camel)

$6.74 €6.00

$4.11 VES 3,668

63.99%

Wine (Bottle)

$7.91 €7.04

$10.06 VES 8,977

-21.37%

Local Beer (0.5 liter bottle)

$1.76 €1.56

$1.28 VES 1,139

37.50%

Imported Beer (0.33 liter bottle)

$2.36 €2.10

$2.24 VES 2,001

5.36%

One-way Ticket (Public Transport)

$1.95 €1.74

$0.47 VES 421

314.89%

Public Transport Monthly Pass (Regular Price)

$42.83 €38.13

$30.31 VES 27.1K

41.31%

Taxi Start (Normal Tariff)

$5.53 €4.92

$4.44 VES 3,964

24.55%

Taxi (Normal Tariff) (1km)

$1.71 €1.52

$2.44 VES 2,177

-29.92%

Taxi 1hour Waiting (Normal Tariff)

$33.80 €30.10

$14.71 VES 13.1K

129.78%

Gasoline (1 liter)

$2.08 €1.85

$0.70 VES 628

197.14%

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

$36.0K €32.0K

$24.9K VES 22.2M

44.73%

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

$37.2K €33.1K

$38.6K VES 34.4M

-3.59%

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

$231 €206

$19.19 VES 17.1K

1105.84%

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

$11.80 €10.51

$10.43 VES 9,306

13.14%

Internet (50+ Mbps, Unlimited Data)

$29.94 €26.65

$31.78 VES 28.4K

-5.79%

Gym Membership (Monthly)

$53.0 €47.22

$36.82 VES 32.9K

44.02%

Tennis Court (1 Hour on Weekend)

$23.61 €21.02

$17.11 VES 15.3K

37.99%

Cinema Ticket

$10.75 €9.57

$5.03 VES 4,492

113.72%

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

$566 €504

$94.4 VES 84.3K

499.43%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$4,136 VES 3.7M

325.31%

Jeans (Levis 501 Or Similar)

$90.8 €80.9

$49.84 VES 44.5K

82.22%

Summer Dress (H&M, Zara, etc)

$38.57 €34.35

$39.06 VES 34.9K

-1.25%

Sport Shoes (Adidas, Nike)

$103 €91.9

$91.3 VES 81.5K

13.06%

Men's Leather Business Shoes

$130 €115

$90.3 VES 80.6K

43.56%

1-bedroom Apartment, City Center (Monthly)

$829 €738

$330 VES 295.0K

150.94%

1-bedroom Apartment, Outside City Center (Monthly)

$630 €561

$223 VES 198.7K

183.17%

3-bedroom Apartment, City Center (Monthly)

$1,377 €1,226

$600 VES 536.0K

129.34%

3-bedroom Apartment, Outside City Center (Monthly)

$1,050 €935

$412 VES 367.5K

155.19%

Buy Apartment in City Center (m2)

$3,650 €3,250

$756 VES 674.5K

383.06%

Buy Apartment Outside City Center (m2)

$2,306 €2,054

$479 VES 427.3K

381.79%

Average Monthly Net Salary (After Tax)

$1,951 €1,737

$222 VES 198.3K

778.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.55

22.35

-84.12%

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

Last update for Italy: November 2, 2026

Last update for Venezuela: October 31, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Italy

$630 34.4%

Venezuela

$223 23.7% 64.7% $408

Groceries & Markets

Italy

$347 18.9%

Venezuela

$274 29.1% 21.2% $73

Eating Out

Italy

$279 15.2%

Venezuela

$164 17.5% 41.2% $115

Monthly Utilities & Internet

Italy

$273 14.9%

Venezuela

$61 6.5% 77.5% $212

Clothing & Footwear

Italy

$163 8.9%

Venezuela

$122 13% 25.3% $41

Sport & Entertainment

Italy

$75 4.1%

Venezuela

$47 5% 37.1% $28

Getting Around

Italy

$65 3.5%

Venezuela

$49 5.2% 24.5% $16

Cost Breakdown

National rent averages: $728 in Italy, $239 in Venezuela. Capital cities: $1,348 in Rome vs $654 in Caracas.

National salary averages: $1,908 in Italy, $204 in Venezuela. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 205% higher in Italy.

Dining out costs 55% more in Italy.

Public transport is 34% more expensive in Italy.

Salaries are about 9.4 times higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇮🇹 Italy

🇻🇪 Venezuela

🕒 Local time

17:03 5:03 PM

12:03 12:03 PM

5 h behind Italy

🌤 Weather

👥 Population

58,850,717

28,515,829

💱 Currency

Euro EUR €

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 EUR = 1.12 USD

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

Exchange rates and currency converter

VES, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,003 VES (10,000 VES = 9.97 EUR).

USD to EUR in detail →

On the map

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Between locations

Italy Venezuela 8,360 km ≈ 11 h nonstop flight

From you

Italy
Venezuela

Distances are measured in a straight line. Your location is detected approximately.

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 $1,832 per month in Italy and $939 in Venezuela, Venezuela comes out about 49% cheaper. 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 cheaper in Venezuela: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

Rent for a central one-bedroom averages $728 in Italy and $239 in Venezuela. Rents vary a lot between cities, so the gap depends on where you settle.

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, while salaries, visas, language, and lifestyle can tip the balance either way.