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

Name: Italy
Address: IT

Monthly Cost of Living

Monthly costs for one person with rent: $605 in Venezuela versus $1,719 in Italy.

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

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

Living in Venezuela costs about 65% less than in Italy on average.

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

Meal at Budget Restaurant

$9.82 VES 5,563

$17.02 €14.76

-42.30%

Three-Course Dinner for Two, Mid-Range

$49.75 VES 28.2K

$82.3 €71.4

-39.58%

Fast Food Meal (McDonalds, etc)

$9.89 VES 5,600

$11.62 €10.07

-14.89%

Cappuccino

$2.25 VES 1,275

$1.91 €1.66

17.80%

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

$1.11 VES 626

$3.02 €2.62

-63.25%

Water (0.33 liter bottle)

$0.97 VES 547

$1.31 €1.14

-25.95%

Local Beer (0.5 liter draught)

$1.54 VES 874

$5.81 €5.04

-73.49%

Imported Beer (0.33 liter bottle)

$2.05 VES 1,163

$5.12 €4.44

-59.96%

Milk (1 liter)

$1.87 VES 1,060

$1.64 €1.43

14.02%

White Bread (500g)

$1.81 VES 1,024

$2.42 €2.10

-25.21%

Rice (white) (1kg)

$1.26 VES 711

$2.92 €2.53

-56.85%

Eggs

$2.52 VES 1,426

$4.12 €3.57

-38.83%

Local Cheese (1kg)

$6.06 VES 3,433

$16.70 €14.48

-63.71%

Chicken Fillets (1kg)

$6.58 VES 3,728

$12.60 €10.93

-47.78%

Beef Round Steak (1kg)

$6.94 VES 3,928

$20.61 €17.87

-66.33%

Apples (1kg)

$4.65 VES 2,636

$2.48 €2.15

87.50%

Banana (1kg)

$1.48 VES 840

$2.15 €1.86

-31.16%

Oranges (1kg)

$1.83 VES 1,038

$2.72 €2.36

-32.72%

Tomato (1kg)

$1.97 VES 1,115

$3.25 €2.82

-39.38%

Potato (1kg)

$1.88 VES 1,066

$1.94 €1.68

-3.09%

Onion (1kg)

$1.88 VES 1,062

$1.81 €1.57

3.87%

Lettuce (1 head)

$1.21 VES 687

$1.48 €1.28

-18.24%

Water (1.5 liter bottle)

$1.60 VES 904

$0.54 €0.47

196.30%

Cigarettes 20 Pack (Marlboro, Camel)

$3.56 VES 2,015

$6.82 €5.91

-47.80%

Wine (Bottle)

$9.84 VES 5,572

$7.33 €6.36

34.24%

Local Beer (0.5 liter bottle)

$1.21 VES 682

$1.80 €1.56

-32.78%

Imported Beer (0.33 liter bottle)

$1.84 VES 1,040

$2.54 €2.21

-27.56%

One-way Ticket (Public Transport)

$0.51 VES 290

$2.01 €1.74

-74.63%

Public Transport Monthly Pass (Regular Price)

$29.55 VES 16.7K

$41.70 €36.16

-29.14%

Taxi Start (Normal Tariff)

$3.98 VES 2,254

$5.90 €5.12

-32.54%

Taxi (Normal Tariff) (1km)

$2.94 VES 1,665

$1.52 €1.31

93.42%

Taxi 1hour Waiting (Normal Tariff)

$9.93 VES 5,624

$34.23 €29.69

-70.99%

Gasoline (1 liter)

$0.49 VES 277

$2.13 €1.84

-77.00%

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

$30.5K VES 17.3M

$32.8K €28.5K

-6.96%

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

$38.3K VES 21.7M

$33.5K €29.1K

14.34%

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

$20.19 VES 11.4K

$226 €196

-91.05%

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

$11.77 VES 6,666

$13.32 €11.55

-11.64%

Internet (50+ Mbps, Unlimited Data)

$38.60 VES 21.9K

$31.26 €27.11

23.48%

Gym Membership (Monthly)

$38.05 VES 21.5K

$56.9 €49.34

-33.12%

Tennis Court (1 Hour on Weekend)

$15.10 VES 8,552

$25.71 €22.30

-41.27%

Cinema Ticket

$4.98 VES 2,820

$10.35 €8.98

-51.88%

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

$67.7 VES 38.3K

$579 €502

-88.31%

International Primary School, 1 Child (Yearly)

$5,373 VES 3.0M

$10.5K €9,135

-48.99%

Jeans (Levis 501 Or Similar)

$46.03 VES 26.1K

$90.2 €78.2

-48.95%

Summer Dress (H&M, Zara, etc)

$37.68 VES 21.3K

$40.79 €35.38

-7.62%

Sport Shoes (Adidas, Nike)

$80.7 VES 45.7K

$98.7 €85.6

-18.28%

Men's Leather Business Shoes

$74.5 VES 42.2K

$133 €115

-44.06%

1-bedroom Apartment, City Center (Monthly)

$239 VES 135.2K

$853 €740

-72.00%

1-bedroom Apartment, Outside City Center (Monthly)

$186 VES 105.4K

$667 €578

-72.09%

3-bedroom Apartment, City Center (Monthly)

$473 VES 268.0K

$1,517 €1,315

-68.79%

3-bedroom Apartment, Outside City Center (Monthly)

$367 VES 207.6K

$1,083 €939

-66.14%

Buy Apartment in City Center (m2)

$761 VES 430.8K

$3,767 €3,266

-79.80%

Buy Apartment Outside City Center (m2)

$473 VES 267.6K

$2,403 €2,084

-80.34%

Average Monthly Net Salary (After Tax)

$216 VES 122.1K

$1,986 €1,722

-89.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

21.44

4.41

386.17%

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

Last update for Venezuela: June 7, 2026

Last update for Italy: June 9, 2026

Cost Breakdown

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

National salary averages: $198 in Venezuela, $1,931 in Italy. 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

Venezuela vs Italy: 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.