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: $1,719 in Italy versus $605 in Venezuela.

Estimated couple costs with rent: $2,625 in Italy versus $1,013 in Venezuela.

Monthly costs for a family of three with rent: $3,531 in Italy versus $1,421 in Venezuela.

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

Italy (28% above) and Venezuela (55% below) straddle the global median.

Meal at Budget Restaurant

$17.02 €14.75

$9.82 VES 5,563

73.32%

Three-Course Dinner for Two, Mid-Range

$82.3 €71.4

$49.75 VES 28.2K

65.51%

Fast Food Meal (McDonalds, etc)

$11.62 €10.07

$9.89 VES 5,600

17.49%

Cappuccino

$1.91 €1.65

$2.25 VES 1,275

-15.11%

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

$3.02 €2.62

$1.11 VES 626

172.07%

Water (0.33 liter bottle)

$1.31 €1.14

$0.97 VES 547

35.05%

Local Beer (0.5 liter draught)

$5.81 €5.04

$1.54 VES 874

277.27%

Imported Beer (0.33 liter bottle)

$5.12 €4.44

$2.05 VES 1,163

149.76%

Milk (1 liter)

$1.64 €1.43

$1.87 VES 1,060

-12.30%

White Bread (500g)

$2.42 €2.10

$1.81 VES 1,024

33.70%

Rice (white) (1kg)

$2.92 €2.53

$1.26 VES 711

131.75%

Eggs

$4.12 €3.57

$2.52 VES 1,426

63.49%

Local Cheese (1kg)

$16.70 €14.47

$6.06 VES 3,433

175.58%

Chicken Fillets (1kg)

$12.60 €10.92

$6.58 VES 3,728

91.49%

Beef Round Steak (1kg)

$20.61 €17.86

$6.94 VES 3,928

196.97%

Apples (1kg)

$2.48 €2.15

$4.65 VES 2,636

-46.67%

Banana (1kg)

$2.15 €1.86

$1.48 VES 840

45.27%

Oranges (1kg)

$2.72 €2.36

$1.83 VES 1,038

48.63%

Tomato (1kg)

$3.25 €2.82

$1.97 VES 1,115

64.97%

Potato (1kg)

$1.94 €1.68

$1.88 VES 1,066

3.19%

Onion (1kg)

$1.81 €1.57

$1.88 VES 1,062

-3.72%

Lettuce (1 head)

$1.48 €1.28

$1.21 VES 687

22.31%

Water (1.5 liter bottle)

$0.54 €0.47

$1.60 VES 904

-66.25%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €5.91

$3.56 VES 2,015

91.57%

Wine (Bottle)

$7.33 €6.36

$9.84 VES 5,572

-25.51%

Local Beer (0.5 liter bottle)

$1.80 €1.56

$1.21 VES 682

48.76%

Imported Beer (0.33 liter bottle)

$2.54 €2.20

$1.84 VES 1,040

38.04%

One-way Ticket (Public Transport)

$2.01 €1.74

$0.51 VES 290

294.12%

Public Transport Monthly Pass (Regular Price)

$41.70 €36.14

$29.55 VES 16.7K

41.12%

Taxi Start (Normal Tariff)

$5.90 €5.12

$3.98 VES 2,254

48.24%

Taxi (Normal Tariff) (1km)

$1.52 €1.31

$2.94 VES 1,665

-48.30%

Taxi 1hour Waiting (Normal Tariff)

$34.23 €29.67

$9.93 VES 5,624

244.71%

Gasoline (1 liter)

$2.13 €1.84

$0.49 VES 277

334.69%

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

$32.8K €28.4K

$30.5K VES 17.3M

7.49%

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

$33.5K €29.0K

$38.3K VES 21.7M

-12.54%

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

$226 €196

$20.19 VES 11.4K

1017.63%

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

$13.32 €11.54

$11.77 VES 6,666

13.17%

Internet (50+ Mbps, Unlimited Data)

$31.26 €27.10

$38.60 VES 21.9K

-19.02%

Gym Membership (Monthly)

$56.9 €49.31

$38.05 VES 21.5K

49.51%

Tennis Court (1 Hour on Weekend)

$25.71 €22.28

$15.10 VES 8,552

70.26%

Cinema Ticket

$10.35 €8.97

$4.98 VES 2,820

107.83%

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

$579 €502

$67.7 VES 38.3K

755.12%

International Primary School, 1 Child (Yearly)

$10.5K €9,130

$5,373 VES 3.0M

96.04%

Jeans (Levis 501 Or Similar)

$90.2 €78.2

$46.03 VES 26.1K

95.89%

Summer Dress (H&M, Zara, etc)

$40.79 €35.36

$37.68 VES 21.3K

8.25%

Sport Shoes (Adidas, Nike)

$98.7 €85.6

$80.7 VES 45.7K

22.38%

Men's Leather Business Shoes

$133 €115

$74.5 VES 42.2K

78.75%

1-bedroom Apartment, City Center (Monthly)

$853 €739

$239 VES 135.2K

257.17%

1-bedroom Apartment, Outside City Center (Monthly)

$667 €578

$186 VES 105.4K

258.24%

3-bedroom Apartment, City Center (Monthly)

$1,517 €1,315

$473 VES 268.0K

220.46%

3-bedroom Apartment, Outside City Center (Monthly)

$1,083 €938

$367 VES 207.6K

195.34%

Buy Apartment in City Center (m2)

$3,767 €3,264

$761 VES 430.8K

395.14%

Buy Apartment Outside City Center (m2)

$2,403 €2,083

$473 VES 267.6K

408.53%

Average Monthly Net Salary (After Tax)

$1,986 €1,721

$216 VES 122.1K

821.16%

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: June 9, 2026

Last update for Venezuela: June 7, 2026

Cost Breakdown

National rent averages: $742 in Italy, $119 in Venezuela. Capital cities: $1,368 in Rome vs $449 in Caracas.

National salary averages: $1,931 in Italy, $198 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 875% higher in Italy, giving Italy stronger purchasing power.

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 $1,804 per month in Italy and $602 in Venezuela, there's a 200% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Venezuela is simply cheaper day-to-day: 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 beats 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 works in regional areas but 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.