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: $1,796 in Italy versus $679 in Venezuela.

Estimated couple costs with rent: $2,739 in Italy versus $1,160 in Venezuela.

Monthly costs for a family of three with rent: $3,682 in Italy versus $1,641 in Venezuela.

Living in Italy is roughly 165% more expensive than in Venezuela on average.

Italy (30% above) and Venezuela (51% below) straddle the global median.

Meal at Budget Restaurant

$21.24 €18.31

$9.90 VES 8,225

114.55%

Three-Course Dinner for Two, Mid-Range

$80.8 €69.7

$49.84 VES 41.4K

62.18%

Fast Food Meal (McDonalds, etc)

$11.41 €9.84

$9.87 VES 8,193

15.60%

Cappuccino

$2.08 €1.79

$2.58 VES 2,146

-19.38%

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

$3.05 €2.63

$1.36 VES 1,130

124.26%

Water (0.33 liter bottle)

$1.38 €1.19

$1.09 VES 903

26.61%

Local Beer (0.5 liter draught)

$5.79 €4.99

$1.54 VES 1,275

275.97%

Imported Beer (0.33 liter bottle)

$5.75 €4.96

$3.02 VES 2,508

90.40%

Milk (1 liter)

$1.70 €1.46

$2.26 VES 1,879

-24.78%

White Bread (500g)

$2.41 €2.08

$1.94 VES 1,611

24.23%

Rice (white) (1kg)

$3.01 €2.59

$1.56 VES 1,295

92.95%

Eggs

$4.32 €3.72

$2.94 VES 2,442

46.94%

Local Cheese (1kg)

$17.93 €15.45

$6.99 VES 5,801

156.51%

Chicken Fillets (1kg)

$12.67 €10.92

$7.47 VES 6,207

69.61%

Beef Round Steak (1kg)

$20.57 €17.73

$8.73 VES 7,251

135.62%

Apples (1kg)

$2.62 €2.26

$5.44 VES 4,515

-51.84%

Banana (1kg)

$2.15 €1.85

$1.61 VES 1,338

33.54%

Oranges (1kg)

$2.80 €2.41

$1.80 VES 1,495

55.56%

Tomato (1kg)

$3.32 €2.87

$2.05 VES 1,705

61.95%

Potato (1kg)

$2.10 €1.81

$1.82 VES 1,514

15.38%

Onion (1kg)

$1.89 €1.63

$1.93 VES 1,605

-2.07%

Lettuce (1 head)

$1.55 €1.33

$1.46 VES 1,208

6.16%

Water (1.5 liter bottle)

$0.56 €0.48

$1.98 VES 1,646

-71.72%

Cigarettes 20 Pack (Marlboro, Camel)

$7.16 €6.17

$3.92 VES 3,256

82.65%

Wine (Bottle)

$7.35 €6.33

$10.05 VES 8,343

-26.87%

Local Beer (0.5 liter bottle)

$1.80 €1.55

$1.29 VES 1,073

39.53%

Imported Beer (0.33 liter bottle)

$2.41 €2.07

$2.10 VES 1,743

14.76%

One-way Ticket (Public Transport)

$1.93 €1.66

$0.52 VES 433

271.15%

Public Transport Monthly Pass (Regular Price)

$45.24 €39.00

$30.03 VES 24.9K

50.65%

Taxi Start (Normal Tariff)

$5.74 €4.95

$5.14 VES 4,269

11.67%

Taxi (Normal Tariff) (1km)

$1.70 €1.47

$2.44 VES 2,026

-30.33%

Taxi 1hour Waiting (Normal Tariff)

$35.25 €30.38

$12.54 VES 10.4K

181.10%

Gasoline (1 liter)

$2.04 €1.76

$0.67 VES 558

204.48%

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

$37.5K €32.3K

$24.8K VES 20.6M

51.25%

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

$37.1K €31.9K

$38.5K VES 31.9M

-3.64%

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

$231 €199

$21.36 VES 17.7K

981.27%

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

$12.34 €10.64

$10.12 VES 8,406

21.94%

Internet (50+ Mbps, Unlimited Data)

$31.17 €26.87

$33.58 VES 27.9K

-7.18%

Gym Membership (Monthly)

$55.2 €47.62

$38.59 VES 32.0K

43.15%

Tennis Court (1 Hour on Weekend)

$24.91 €21.47

$17.07 VES 14.2K

45.93%

Cinema Ticket

$11.13 €9.59

$5.08 VES 4,216

119.09%

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

$568 €490

$88.6 VES 73.6K

541.37%

International Primary School, 1 Child (Yearly)

$12.5K €10.8K

$4,186 VES 3.5M

199.28%

Jeans (Levis 501 Or Similar)

$93.0 €80.1

$47.00 VES 39.0K

97.79%

Summer Dress (H&M, Zara, etc)

$39.82 €34.32

$38.10 VES 31.6K

4.51%

Sport Shoes (Adidas, Nike)

$104 €89.8

$88.4 VES 73.4K

17.86%

Men's Leather Business Shoes

$135 €116

$89.3 VES 74.1K

51.24%

1-bedroom Apartment, City Center (Monthly)

$852 €734

$302 VES 251.0K

181.82%

1-bedroom Apartment, Outside City Center (Monthly)

$645 €556

$192 VES 159.6K

235.42%

3-bedroom Apartment, City Center (Monthly)

$1,449 €1,249

$519 VES 431.1K

179.16%

3-bedroom Apartment, Outside City Center (Monthly)

$1,084 €935

$359 VES 298.3K

201.88%

Buy Apartment in City Center (m2)

$3,813 €3,287

$754 VES 625.8K

405.92%

Buy Apartment Outside City Center (m2)

$2,357 €2,032

$483 VES 400.7K

388.45%

Average Monthly Net Salary (After Tax)

$1,933 €1,666

$215 VES 178.6K

798.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.57

22.35

-84.03%

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

Last update for Italy: September 5, 2026

Last update for Venezuela: September 5, 2026

Cost Breakdown

National rent averages: $755 in Italy, $161 in Venezuela. Capital cities: $1,247 in Rome vs $608 in Caracas.

National salary averages: $1,964 in Italy, $201 in Venezuela. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 369% higher in Italy.

Dining out costs 85% more in Italy.

Public transport is 187% more expensive in Italy.

Salaries are 877% 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 $1,889 per month in Italy and $655 in Venezuela, there's a 188% 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.