Published: Monday, 21th October 2024
The cost of living in Venezuela is 1991.56 times less expensive as compared to Italy.
On this page, you will find side-by-side cost comparison between Venezuela and Italy. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Venezuela and Italy.
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Indicators | Venezuela | Italy |
---|---|---|
1 BHK Apartment in City Center | 7,838.96 VES (2.35 USD) | 1,200 EUR (1,334.52 USD) |
2 BHK Apartment in City Center | 13,670 VES (4.10 USD) | 1,800 EUR (2,001.78 USD) |
3 BHK Apartment in City Center | 18,800 VES (5.64 USD) | 2,500 EUR (2,780.25 USD) |
1 BHK Apartment outside City Center | 5,000 VES (1.50 USD) | 800 EUR (889.68 USD) |
2 BHK Apartment outside City Center | 8,500 VES (2.55 USD) | 1,200 EUR (1,334.52 USD) |
3 BHK Apartment outside City Center | 12,000 VES (3.60 USD) | 1,800 EUR (2,001.78 USD) |
Mortgage Rates Per Month | 4 % | 2.5 % |
Realtor Commission | 4 % | 3 % |
Property Taxes | 0.1 to 0.5 % | 0.2 to 0.76 % |
The average housing cost in Venezuela is 518.10 times less expensive than Italy.
Indicators | Venezuela | Italy |
---|---|---|
Basic Home Furnishing | 2,000 VES (0.60 USD) | 4,000 EUR (4,448.40 USD) |
Electricity Cost Per Month | 100 VES (0.03 USD) | 150 EUR (166.82 USD) |
Heating Cost Per Month | 50 VES (0.01 USD) | 120 EUR (133.45 USD) |
Cooling Cost Per Month | 40 VES (0.01 USD) | 80 EUR (88.97 USD) |
Water Supply Cost Per Month | 30 VES (0.01 USD) | 50 EUR (55.61 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 99.99% less for Utilities.
The basic home furnishing in Venezuela costs 7414.00 times less compared to Italy.
Indicators | Venezuela | Italy |
---|---|---|
Standard Wifi Cost Per Month | 80 VES (0.02 USD) | 40 EUR (44.48 USD) |
Mobile Phone Basic Plan Cost Per Month | 50 VES (0.01 USD) | 30 EUR (33.36 USD) |
Landline Basic Plan Cost Per Month | 30 VES (0.01 USD) | 20 EUR (22.24 USD) |
Cable TV Basic Plan Cost Per Month | 90 VES (0.03 USD) | 40 EUR (44.48 USD) |
The internet and communication costs 99.95% less in Venezuela compared to Italy.
Indicators | Venezuela | Italy |
---|---|---|
Long Grain Rice (1 KG) | 15 VES (0 USD) | 2.50 EUR (2.78 USD) |
Milk (1 Liter) | 10 VES (0 USD) | 1.20 EUR (1.33 USD) |
Water (1 Liter) | 5 VES (0 USD) | 0.50 EUR (0.56 USD) |
Bread (500 gm) | 6 VES (0 USD) | 1 EUR (1.11 USD) |
Eggs (1 Dozen) | 12 VES (0 USD) | 3 EUR (3.34 USD) |
Cheese (1 KG) | 25 VES (0.01 USD) | 8 EUR (8.90 USD) |
Chicken Breast (1 KG) | 20 VES (0.01 USD) | 10 EUR (11.12 USD) |
In Venezuela, the cost of 1 Liter Water and 1 Liter Milk is 420.13 times less expensive than the cost in Italy.
If you lived in Venezuela, instead of Italy, you would have to pay 99.90% less for Groceries.
Indicators | Venezuela | Italy |
---|---|---|
Apples (1 KG) | 15 VES (0 USD) | 2.50 EUR (2.78 USD) |
Bananas (1 KG) | 10 VES (0 USD) | 2 EUR (2.22 USD) |
Oranges (1 KG) | 12 VES (0 USD) | 2.50 EUR (2.78 USD) |
Tomatoes (1 KG) | 10 VES (0 USD) | 2 EUR (2.22 USD) |
Potatoes (1 KG) | 8 VES (0 USD) | 1.50 EUR (1.67 USD) |
Lemons (1 KG) | 15 VES (0 USD) | 2.50 EUR (2.78 USD) |
Onions (1 KG) | 10 VES (0 USD) | 1.50 EUR (1.67 USD) |
Lentils (1 KG) | 15 VES (0 USD) | 3 EUR (3.34 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 682.87 times less for Fruits and Vegetables.
Indicators | Venezuela | Italy |
---|---|---|
Meal at a Resonable Restaurant | 40 VES (0.01 USD) | 15 EUR (16.68 USD) |
Three-Course Meal for Two | 100 VES (0.03 USD) | 50 EUR (55.61 USD) |
Fast Food Combo Meal | 25 VES (0.01 USD) | 8 EUR (8.90 USD) |
Normal Coffee | 10 VES (0 USD) | 2 EUR (2.22 USD) |
Soft Drink | 7 VES (0 USD) | 1.50 EUR (1.67 USD) |
Pizza for One | 60 VES (0.02 USD) | 10 EUR (11.12 USD) |
Take-Out Delivery Meal | 50 VES (0.01 USD) | 15 EUR (16.68 USD) |
Cigarette Pack of 20 | 15 VES (0 USD) | 5 EUR (5.56 USD) |
Dining-Out costs 99.92% less in Venezuela compared to Italy.
Indicators | Venezuela | Italy |
---|---|---|
Wine Mid-Range Bottle | 50 VES (0.01 USD) | 10 EUR (11.12 USD) |
Glass of Wine | 20 VES (0.01 USD) | 4 EUR (4.45 USD) |
Domestic Beer Half Liter | 12 VES (0 USD) | 2.50 EUR (2.78 USD) |
Imported Beer Half Liter | 18 VES (0.01 USD) | 3.50 EUR (3.89 USD) |
Domestic Alcohol 1 Liter | 30 VES (0.01 USD) | 12 EUR (13.35 USD) |
Branded Alcohol 1 Liter | 50 VES (0.01 USD) | 20 EUR (22.24 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 1070.91 times less for usual hard drinks.
Indicators | Venezuela | Italy |
---|---|---|
Monthly Public Transportation Pass | 50 VES (0.01 USD) | 35 EUR (38.92 USD) |
Single Public Transportation Ticket | 5 VES (0 USD) | 1.50 EUR (1.67 USD) |
Single Train Ticket | Yet to Update () | 50 EUR (55.61 USD) |
Domestic Airplane Ticket | 300 VES (0.09 USD) | 80 EUR (88.97 USD) |
Taxi Start Fare | 20 VES (0.01 USD) | 3.50 EUR (3.89 USD) |
Taxi Rate Per Kilometer | 10 VES (0 USD) | 1 EUR (1.11 USD) |
Car Rental Per Day | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
Parking Fees in City Center Per Hour | 20 VES (0.01 USD) | 3 EUR (3.34 USD) |
Parking Fees outside City Center Per Hour | 10 VES (0 USD) | 1.50 EUR (1.67 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 1759.85 times less for transportation.
Indicators | Venezuela | Italy |
---|---|---|
Reasonable Vehicle Purchase Cost | 30,000 VES (9 USD) | 20,000 EUR (22,242 USD) |
Vehicle Registration Cost | 300 VES (0.09 USD) | 150 EUR (166.82 USD) |
Driving License Fees | 50 VES (0.01 USD) | 70 EUR (77.85 USD) |
Car Insurance Cost | 1,000 VES (0.30 USD) | 800 EUR (889.68 USD) |
Car Maintenance Cost | 100 VES (0.03 USD) | 200 EUR (222.42 USD) |
Car Loan Interest Rates | 7 % | 5 % |
Fuel Per Liter | 10 VES (0 USD) | 1.80 EUR (2 USD) |
Fuel Per Gallon | 40 VES (0.01 USD) | 7 EUR (7.78 USD) |
Average Toll Fees | Yet to Update | 15 EUR 16.68 USD |
You would have to pay 2500.02 times less for Vehicle purchase, daily operation and maintenance in Venezuela compared to that of Italy.
Indicators | Venezuela | Italy |
---|---|---|
Doctor Visit | 60 VES (0.02 USD) | 80 EUR (88.97 USD) |
Specialist Visit | 100 VES (0.03 USD) | 120 EUR (133.45 USD) |
Dentist Visit | 50 VES (0.01 USD) | 100 EUR (111.21 USD) |
Eye Exam | 40 VES (0.01 USD) | 60 EUR (66.73 USD) |
Mental Health Counseling | 60 VES (0.02 USD) | 100 EUR (111.21 USD) |
Preventive Health Screening | 30 VES (0.01 USD) | 50 EUR (55.61 USD) |
Physical Therapy | 40 VES (0.01 USD) | 70 EUR (77.85 USD) |
Emergency Room Visit | 300 VES (0.09 USD) | 200 EUR (222.42 USD) |
Hospital Stay Per Night | 200 VES (0.06 USD) | 150 EUR (166.82 USD) |
Vaccinations | 20 VES (0.01 USD) | 30 EUR (33.36 USD) |
Prescription Medication | 30 VES (0.01 USD) | 15 EUR (16.68 USD) |
Over the Counter Medication | 15 VES (0 USD) | 8 EUR (8.90 USD) |
Health Insurance Premiums | 90 VES (0.03 USD) | 1,500 EUR (1,668.15 USD) |
Health Insurance Deductibles | 60 VES (0.02 USD) | 200 EUR (222.42 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 9083.00 times less for Health and Medical Treatment.
Indicators | Venezuela | Italy |
---|---|---|
Cosmetic Procedures | 300 VES (0.09 USD) | 500 EUR (556.05 USD) |
Spa Treatment | 120 VES (0.04 USD) | 80 EUR (88.97 USD) |
Manicure Pedicure Cost | 50 VES (0.01 USD) | 30 EUR (33.36 USD) |
Optical Glasses Cost | 90 VES (0.03 USD) | 100 EUR (111.21 USD) |
Contact Lenses Cost | 70 VES (0.02 USD) | 150 EUR (166.82 USD) |
Haircuts | 30 VES (0.01 USD) | 25 EUR (27.80 USD) |
Hair Coloring | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
Shampoo Price | 10 VES (0 USD) | 3 EUR (3.34 USD) |
Toothpaste Price | 5 VES (0 USD) | 2 EUR (2.22 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 4740.93 times less for Personal Care Items and Treatment.
Indicators | Venezuela | Italy |
---|---|---|
Pair of Nike Running Shoes | 150 VES (0.04 USD) | 100 EUR (111.21 USD) |
Men's Shirt | 50 VES (0.01 USD) | 50 EUR (55.61 USD) |
Women's Dress | 90 VES (0.03 USD) | 80 EUR (88.97 USD) |
Summer Dress | 70 VES (0.02 USD) | 60 EUR (66.73 USD) |
Men's Suit | 500 VES (0.15 USD) | 400 EUR (444.84 USD) |
Men's Jeans | 70 VES (0.02 USD) | 60 EUR (66.73 USD) |
Women's Jeans | 70 VES (0.02 USD) | 60 EUR (66.73 USD) |
Men's Formal Shoes | 120 VES (0.04 USD) | 120 EUR (133.45 USD) |
Women's Formal Shoes | 120 VES (0.04 USD) | 100 EUR (111.21 USD) |
Men's Casual Shoes | 80 VES (0.02 USD) | 80 EUR (88.97 USD) |
Women's Casual Shoes | 80 VES (0.02 USD) | 70 EUR (77.85 USD) |
Underwear For Men | 25 VES (0.01 USD) | 15 EUR (16.68 USD) |
Underwear For Women | 25 VES (0.01 USD) | 15 EUR (16.68 USD) |
Socks For Men | 12 VES (0 USD) | 5 EUR (5.56 USD) |
Socks For Women | 12 VES (0 USD) | 5 EUR (5.56 USD) |
Wintercoat for Adults | 150 VES (0.04 USD) | 120 EUR (133.45 USD) |
Sportswear | 100 VES (0.03 USD) | 60 EUR (66.73 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 3010.32 times less for Clothing and Footwear for Adults.
Indicators | Venezuela | Italy |
---|---|---|
Children's Jeans | 50 VES (0.01 USD) | 40 EUR (44.48 USD) |
Children's Normal Sneakers | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
Children's Winter Coat | 90 VES (0.03 USD) | 80 EUR (88.97 USD) |
Daycare for Infant | 300 VES (0.09 USD) | 800 EUR (889.68 USD) |
Daycare for Toddler | 250 VES (0.07 USD) | 600 EUR (667.26 USD) |
Childcare for Sick Days | 150 VES (0.04 USD) | 100 EUR (111.21 USD) |
Early Childhood Education Programs | 150 VES (0.04 USD) | 300 EUR (333.63 USD) |
Extra Curricular Activities | 120 VES (0.04 USD) | 100 EUR (111.21 USD) |
Summer Camp for Kids | 200 VES (0.06 USD) | 200 EUR (222.42 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 6142.26 times less for Childcare and kids clothing.
Indicators | Venezuela | Italy |
---|---|---|
PreSchool Fees | 200 VES (0.06 USD) | 500 EUR (556.05 USD) |
Primary School Fees | 500 VES (0.15 USD) | 1,500 EUR (1,668.15 USD) |
Secondary School Fees | 600 VES (0.18 USD) | 2,000 EUR (2,224.20 USD) |
Private School Fees | 1,000 VES (0.30 USD) | 4,000 EUR (4,448.40 USD) |
University Tuition Fees | 2,000 VES (0.60 USD) | 1,000 EUR (1,112.10 USD) |
University Private Tuition Fees | 3,000 VES (0.90 USD) | 8,000 EUR (8,896.80 USD) |
After School Activities | 100 VES (0.03 USD) | 150 EUR (166.82 USD) |
Special Education Services | 150 VES (0.04 USD) | 200 EUR (222.42 USD) |
Tutoring | 80 VES (0.02 USD) | 50 EUR (55.61 USD) |
Textbooks Cost | 100 VES (0.03 USD) | 50 EUR (55.61 USD) |
School Supplies | 50 VES (0.01 USD) | 30 EUR (33.36 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 8328.84 times less for school and education.
Indicators | Venezuela | Italy |
---|---|---|
Movie Ticket (Single) | 20 VES (0.01 USD) | 10 EUR (11.12 USD) |
Theater Ticket (Single) | 40 VES (0.01 USD) | 25 EUR (27.80 USD) |
Concert Ticket (Single) | 50 VES (0.01 USD) | 40 EUR (44.48 USD) |
Sports Event Ticket (Single) | 45 VES (0.01 USD) | 30 EUR (33.36 USD) |
Gym Membership | 70 VES (0.02 USD) | 50 EUR (55.61 USD) |
Swimming Pool Access | 60 VES (0.02 USD) | 20 EUR (22.24 USD) |
Museum Entry Ticket | 25 VES (0.01 USD) | 12 EUR (13.35 USD) |
Zoo Entry Ticket | 30 VES (0.01 USD) | 15 EUR (16.68 USD) |
Amusement Park Entry Ticket | 50 VES (0.01 USD) | 25 EUR (27.80 USD) |
Bowling | 30 VES (0.01 USD) | 10 EUR (11.12 USD) |
Mini Golf | 25 VES (0.01 USD) | 12 EUR (13.35 USD) |
Video Games | 60 VES (0.02 USD) | 40 EUR (44.48 USD) |
Streaming Services | 30 VES (0.01 USD) | 15 EUR (16.68 USD) |
Outdoor Equipment Rental | 50 VES (0.01 USD) | 20 EUR (22.24 USD) |
Theme Park Annual Pass | 250 VES (0.07 USD) | 150 EUR (166.82 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 2104.33 times less for entertainment, recreation and fun activities.
Indicators | Venezuela | Italy |
---|---|---|
Language Classes | 80 VES (0.02 USD) | 100 EUR (111.21 USD) |
Parenting Classes | 80 VES (0.02 USD) | 80 EUR (88.97 USD) |
Art Classes | 60 VES (0.02 USD) | 25 EUR (27.80 USD) |
Fitness Classes | 35 VES (0.01 USD) | 20 EUR (22.24 USD) |
Music Lessons | 50 VES (0.01 USD) | 40 EUR (44.48 USD) |
Dance Lessons | 45 VES (0.01 USD) | 30 EUR (33.36 USD) |
Reading Materials for Classes | 35 VES (0.01 USD) | 15 EUR (16.68 USD) |
Educational Software | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
If you lived in Venezuela, instead of Italy, you would have to pay 2998.92 times less for Private Classes.
Indicators | Venezuela | Italy |
---|---|---|
Average Gross Monthly Salary | 5,000 VES (1.50 USD) | 2,500 EUR (2,780.25 USD) |
Average Net Monthly Salary | 3,500 VES (1.05 USD) | 1,800 EUR (2,001.78 USD) |
Minimum Wages | 66.67 VES per hour (0.02 USD) | 40 EUR per hour (44.48 USD) |
Average Bonus | 500 VES (0.15 USD) | 1,000 EUR (1,112.10 USD) |
Income Tax Rate | 0 to 16 % | 0 to 22 % |
Social Security Contributions | 7 % | 9 % |
Pension Contributions | 7 % | 9 % |
Cost of Living Index | 35 | 60 |
Median Household Income | 4,000 VES (1.20 USD) | 1,800 EUR (2,001.78 USD) |
If you lived in Venezuela, you would earn 2025.61 times less salary as compared to Italy.
Indicators | Venezuela | Italy |
---|---|---|
Legal Consultation Per Hour Rate | 150 VES (0.04 USD) | 200 EUR (222.42 USD) |
Accounting Services Per Hour Rate | 120 VES (0.04 USD) | 150 EUR (166.82 USD) |
IT Support Services Per Hour Rate | 100 VES (0.03 USD) | 120 EUR (133.45 USD) |
Technician Services Per Hour Rate | 80 VES (0.02 USD) | 100 EUR (111.21 USD) |
Professional Services cost 4695.53 times less in Venezuela, as compared to Italy.
We hope you enjoyed the detailed guide on the cost of living comparsion between Venezuela and Italy.
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