Published: Monday, 21th October 2024
The cost of living in Venezuela is 1359.92 times less expensive as compared to Latvia.
On this page, you will find side-by-side cost comparison between Venezuela and Latvia. 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 Latvia.
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![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
1 BHK Apartment in City Center ![]() | 7,838.96 VES (2.35 USD) | 800 EUR (889.68 USD) |
2 BHK Apartment in City Center ![]() | 13,670 VES (4.10 USD) | 1,200 EUR (1,334.52 USD) |
3 BHK Apartment in City Center ![]() | 18,800 VES (5.64 USD) | 1,800 EUR (2,001.78 USD) |
1 BHK Apartment outside City Center ![]() | 5,000 VES (1.50 USD) | 600 EUR (667.26 USD) |
2 BHK Apartment outside City Center ![]() | 8,500 VES (2.55 USD) | 900 EUR (1,000.89 USD) |
3 BHK Apartment outside City Center ![]() | 12,000 VES (3.60 USD) | 1,200 EUR (1,334.52 USD) |
Mortgage Rates Per Month ![]() | 4 % | 3 % |
Realtor Commission ![]() | 4 % | 2 % |
Property Taxes ![]() | 0.1 to 0.5 % | 0.2 to 0.6 % |
The average housing cost in Venezuela is 365.33 times less expensive than Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Basic Home Furnishing ![]() | 2,000 VES (0.60 USD) | 2,000 EUR (2,224.20 USD) |
Electricity Cost Per Month ![]() | 100 VES (0.03 USD) | 100 EUR (111.21 USD) |
Heating Cost Per Month ![]() | 50 VES (0.01 USD) | 150 EUR (166.82 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 Latvia, you would have to pay 99.97% less for Utilities.
The basic home furnishing in Venezuela costs 3707.00 times less compared to Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Standard Wifi Cost Per Month ![]() | 80 VES (0.02 USD) | 30 EUR (33.36 USD) |
Mobile Phone Basic Plan Cost Per Month ![]() | 50 VES (0.01 USD) | 20 EUR (22.24 USD) |
Landline Basic Plan Cost Per Month ![]() | 30 VES (0.01 USD) | 15 EUR (16.68 USD) |
Cable TV Basic Plan Cost Per Month ![]() | 90 VES (0.03 USD) | 40 EUR (44.48 USD) |
The internet and communication costs 99.94% less in Venezuela compared to Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Long Grain Rice (1 KG) ![]() | 15 VES (0 USD) | 2.50 EUR (2.78 USD) |
Milk (1 Liter) ![]() | 10 VES (0 USD) | 1.10 EUR (1.22 USD) |
Water (1 Liter) ![]() | 5 VES (0 USD) | 0.70 EUR (0.78 USD) |
Bread (500 gm) ![]() | 6 VES (0 USD) | 1.50 EUR (1.67 USD) |
Eggs (1 Dozen) ![]() | 12 VES (0 USD) | 2 EUR (2.22 USD) |
Cheese (1 KG) ![]() | 25 VES (0.01 USD) | 5 EUR (5.56 USD) |
Chicken Breast (1 KG) ![]() | 20 VES (0.01 USD) | 7 EUR (7.78 USD) |
In Venezuela, the cost of 1 Liter Water and 1 Liter Milk is 444.84 times less expensive than the cost in Latvia.
If you lived in Venezuela, instead of Latvia, you would have to pay 99.87% less for Groceries.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Apples (1 KG) ![]() | 15 VES (0 USD) | 2 EUR (2.22 USD) |
Bananas (1 KG) ![]() | 10 VES (0 USD) | 2.50 EUR (2.78 USD) |
Oranges (1 KG) ![]() | 12 VES (0 USD) | 3 EUR (3.34 USD) |
Tomatoes (1 KG) ![]() | 10 VES (0 USD) | 2.50 EUR (2.78 USD) |
Potatoes (1 KG) ![]() | 8 VES (0 USD) | 1.50 EUR (1.67 USD) |
Lemons (1 KG) ![]() | 15 VES (0 USD) | 3 EUR (3.34 USD) |
Onions (1 KG) ![]() | 10 VES (0 USD) | 2 EUR (2.22 USD) |
Lentils (1 KG) ![]() | 15 VES (0 USD) | 2.50 EUR (2.78 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 741.40 times less for Fruits and Vegetables.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Meal at a Resonable Restaurant ![]() | 40 VES (0.01 USD) | 10 EUR (11.12 USD) |
Three-Course Meal for Two ![]() | 100 VES (0.03 USD) | 30 EUR (33.36 USD) |
Fast Food Combo Meal ![]() | 25 VES (0.01 USD) | 6 EUR (6.67 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) | 8 EUR (8.90 USD) |
Cigarette Pack of 20 ![]() | 15 VES (0 USD) | 5 EUR (5.56 USD) |
Dining-Out costs 99.89% less in Venezuela compared to Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Wine Mid-Range Bottle ![]() | 50 VES (0.01 USD) | 8 EUR (8.90 USD) |
Glass of Wine ![]() | 20 VES (0.01 USD) | 6 EUR (6.67 USD) |
Domestic Beer Half Liter ![]() | 12 VES (0 USD) | 2 EUR (2.22 USD) |
Imported Beer Half Liter ![]() | 18 VES (0.01 USD) | 3 EUR (3.34 USD) |
Domestic Alcohol 1 Liter ![]() | 30 VES (0.01 USD) | 8 EUR (8.90 USD) |
Branded Alcohol 1 Liter ![]() | 50 VES (0.01 USD) | 12 EUR (13.35 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 803.18 times less for usual hard drinks.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Monthly Public Transportation Pass ![]() | 50 VES (0.01 USD) | 30 EUR (33.36 USD) |
Single Public Transportation Ticket ![]() | 5 VES (0 USD) | 1.50 EUR (1.67 USD) |
Single Train Ticket ![]() | Yet to Update () | 10 EUR (11.12 USD) |
Domestic Airplane Ticket ![]() | 300 VES (0.09 USD) | 150 EUR (166.82 USD) |
Taxi Start Fare ![]() | 20 VES (0.01 USD) | 2 EUR (2.22 USD) |
Taxi Rate Per Kilometer ![]() | 10 VES (0 USD) | 1 EUR (1.11 USD) |
Car Rental Per Day ![]() | 60 VES (0.02 USD) | 40 EUR (44.48 USD) |
Parking Fees in City Center Per Hour ![]() | 20 VES (0.01 USD) | 2 EUR (2.22 USD) |
Parking Fees outside City Center Per Hour ![]() | 10 VES (0 USD) | 1 EUR (1.11 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 1853.50 times less for transportation.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Reasonable Vehicle Purchase Cost ![]() | 30,000 VES (9 USD) | 15,000 EUR (16,681.50 USD) |
Vehicle Registration Cost ![]() | 300 VES (0.09 USD) | 100 EUR (111.21 USD) |
Driving License Fees ![]() | 50 VES (0.01 USD) | 50 EUR (55.61 USD) |
Car Insurance Cost ![]() | 1,000 VES (0.30 USD) | 400 EUR (444.84 USD) |
Car Maintenance Cost ![]() | 100 VES (0.03 USD) | 150 EUR (166.82 USD) |
Car Loan Interest Rates ![]() | 7 % | 3.5 % |
Fuel Per Liter ![]() | 10 VES (0 USD) | 1.50 EUR (1.67 USD) |
Fuel Per Gallon ![]() | 40 VES (0.01 USD) | 5.50 EUR (6.12 USD) |
Average Toll Fees ![]() | Yet to Update | 5 EUR 5.56 USD |
You would have to pay 1849.03 times less for Vehicle purchase, daily operation and maintenance in Venezuela compared to that of Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Doctor Visit ![]() | 60 VES (0.02 USD) | 30 EUR (33.36 USD) |
Specialist Visit ![]() | 100 VES (0.03 USD) | 50 EUR (55.61 USD) |
Dentist Visit ![]() | 50 VES (0.01 USD) | 40 EUR (44.48 USD) |
Eye Exam ![]() | 40 VES (0.01 USD) | 25 EUR (27.80 USD) |
Mental Health Counseling ![]() | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
Preventive Health Screening ![]() | 30 VES (0.01 USD) | 30 EUR (33.36 USD) |
Physical Therapy ![]() | 40 VES (0.01 USD) | 40 EUR (44.48 USD) |
Emergency Room Visit ![]() | 300 VES (0.09 USD) | 60 EUR (66.73 USD) |
Hospital Stay Per Night ![]() | 200 VES (0.06 USD) | 100 EUR (111.21 USD) |
Vaccinations ![]() | 20 VES (0.01 USD) | 20 EUR (22.24 USD) |
Prescription Medication ![]() | 30 VES (0.01 USD) | 10 EUR (11.12 USD) |
Over the Counter Medication ![]() | 15 VES (0 USD) | 5 EUR (5.56 USD) |
Health Insurance Premiums ![]() | 90 VES (0.03 USD) | 80 EUR (88.97 USD) |
Health Insurance Deductibles ![]() | 60 VES (0.02 USD) | 30 EUR (33.36 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 1929.67 times less for Health and Medical Treatment.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Cosmetic Procedures ![]() | 300 VES (0.09 USD) | 100 EUR (111.21 USD) |
Spa Treatment ![]() | 120 VES (0.04 USD) | 50 EUR (55.61 USD) |
Manicure Pedicure Cost ![]() | 50 VES (0.01 USD) | 20 EUR (22.24 USD) |
Optical Glasses Cost ![]() | 90 VES (0.03 USD) | 100 EUR (111.21 USD) |
Contact Lenses Cost ![]() | 70 VES (0.02 USD) | 50 EUR (55.61 USD) |
Haircuts ![]() | 30 VES (0.01 USD) | 15 EUR (16.68 USD) |
Hair Coloring ![]() | 60 VES (0.02 USD) | 50 EUR (55.61 USD) |
Shampoo Price ![]() | 10 VES (0 USD) | 2 EUR (2.22 USD) |
Toothpaste Price ![]() | 5 VES (0 USD) | 1 EUR (1.11 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 1956.89 times less for Personal Care Items and Treatment.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Pair of Nike Running Shoes ![]() | 150 VES (0.04 USD) | 100 EUR (111.21 USD) |
Men's Shirt ![]() | 50 VES (0.01 USD) | 40 EUR (44.48 USD) |
Women's Dress ![]() | 90 VES (0.03 USD) | 70 EUR (77.85 USD) |
Summer Dress ![]() | 70 VES (0.02 USD) | 50 EUR (55.61 USD) |
Men's Suit ![]() | 500 VES (0.15 USD) | 300 EUR (333.63 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) | 50 EUR (55.61 USD) |
Underwear For Men ![]() | 25 VES (0.01 USD) | 10 EUR (11.12 USD) |
Underwear For Women ![]() | 25 VES (0.01 USD) | 12 EUR (13.35 USD) |
Socks For Men ![]() | 12 VES (0 USD) | 5 EUR (5.56 USD) |
Socks For Women ![]() | 12 VES (0 USD) | 6 EUR (6.67 USD) |
Wintercoat for Adults ![]() | 150 VES (0.04 USD) | 100 EUR (111.21 USD) |
Sportswear ![]() | 100 VES (0.03 USD) | 60 EUR (66.73 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 2629.73 times less for Clothing and Footwear for Adults.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Children's Jeans ![]() | 50 VES (0.01 USD) | 30 EUR (33.36 USD) |
Children's Normal Sneakers ![]() | 60 VES (0.02 USD) | 40 EUR (44.48 USD) |
Children's Winter Coat ![]() | 90 VES (0.03 USD) | 60 EUR (66.73 USD) |
Daycare for Infant ![]() | 300 VES (0.09 USD) | 400 EUR (444.84 USD) |
Daycare for Toddler ![]() | 250 VES (0.07 USD) | 350 EUR (389.24 USD) |
Childcare for Sick Days ![]() | 150 VES (0.04 USD) | 20 EUR (22.24 USD) |
Early Childhood Education Programs ![]() | 150 VES (0.04 USD) | 300 EUR (333.63 USD) |
Extra Curricular Activities ![]() | 120 VES (0.04 USD) | 60 EUR (66.73 USD) |
Summer Camp for Kids ![]() | 200 VES (0.06 USD) | 200 EUR (222.42 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 3950.53 times less for Childcare and kids clothing.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
PreSchool Fees ![]() | 200 VES (0.06 USD) | 450 EUR (500.45 USD) |
Primary School Fees ![]() | 500 VES (0.15 USD) | 800 EUR (889.68 USD) |
Secondary School Fees ![]() | 600 VES (0.18 USD) | 1,200 EUR (1,334.52 USD) |
Private School Fees ![]() | 1,000 VES (0.30 USD) | 2,000 EUR (2,224.20 USD) |
University Tuition Fees ![]() | 2,000 VES (0.60 USD) | 3,000 EUR (3,336.30 USD) |
University Private Tuition Fees ![]() | 3,000 VES (0.90 USD) | 4,500 EUR (5,004.45 USD) |
After School Activities ![]() | 100 VES (0.03 USD) | 100 EUR (111.21 USD) |
Special Education Services ![]() | 150 VES (0.04 USD) | 200 EUR (222.42 USD) |
Tutoring ![]() | 80 VES (0.02 USD) | 25 EUR (27.80 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 Latvia, you would have to pay 5886.89 times less for school and education.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Movie Ticket (Single) ![]() | 20 VES (0.01 USD) | 7 EUR (7.78 USD) |
Theater Ticket (Single) ![]() | 40 VES (0.01 USD) | 15 EUR (16.68 USD) |
Concert Ticket (Single) ![]() | 50 VES (0.01 USD) | 20 EUR (22.24 USD) |
Sports Event Ticket (Single) ![]() | 45 VES (0.01 USD) | 18 EUR (20.02 USD) |
Gym Membership ![]() | 70 VES (0.02 USD) | 30 EUR (33.36 USD) |
Swimming Pool Access ![]() | 60 VES (0.02 USD) | 15 EUR (16.68 USD) |
Museum Entry Ticket ![]() | 25 VES (0.01 USD) | 5 EUR (5.56 USD) |
Zoo Entry Ticket ![]() | 30 VES (0.01 USD) | 10 EUR (11.12 USD) |
Amusement Park Entry Ticket ![]() | 50 VES (0.01 USD) | 15 EUR (16.68 USD) |
Bowling ![]() | 30 VES (0.01 USD) | 10 EUR (11.12 USD) |
Mini Golf ![]() | 25 VES (0.01 USD) | 8 EUR (8.90 USD) |
Video Games ![]() | 60 VES (0.02 USD) | 60 EUR (66.73 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 Latvia, you would have to pay 1766.93 times less for entertainment, recreation and fun activities.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Language Classes ![]() | 80 VES (0.02 USD) | 150 EUR (166.82 USD) |
Parenting Classes ![]() | 80 VES (0.02 USD) | 60 EUR (66.73 USD) |
Art Classes ![]() | 60 VES (0.02 USD) | 20 EUR (22.24 USD) |
Fitness Classes ![]() | 35 VES (0.01 USD) | 15 EUR (16.68 USD) |
Music Lessons ![]() | 50 VES (0.01 USD) | 25 EUR (27.80 USD) |
Dance Lessons ![]() | 45 VES (0.01 USD) | 30 EUR (33.36 USD) |
Reading Materials for Classes ![]() | 35 VES (0.01 USD) | 10 EUR (11.12 USD) |
Educational Software ![]() | 60 VES (0.02 USD) | 80 EUR (88.97 USD) |
If you lived in Venezuela, instead of Latvia, you would have to pay 3248.83 times less for Private Classes.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Average Gross Monthly Salary ![]() | 5,000 VES (1.50 USD) | 1,500 EUR (1,668.15 USD) |
Average Net Monthly Salary ![]() | 3,500 VES (1.05 USD) | 1,100 EUR (1,223.31 USD) |
Minimum Wages ![]() | 66.67 VES per hour (0.02 USD) | 20 EUR per hour (22.24 USD) |
Average Bonus ![]() | 500 VES (0.15 USD) | 500 EUR (556.05 USD) |
Income Tax Rate ![]() | 0 to 16 % | 0 to 21 % |
Social Security Contributions ![]() | 7 % | 10 % |
Pension Contributions ![]() | 7 % | 5 % |
Cost of Living Index ![]() | 35 | 50 |
Median Household Income ![]() | 4,000 VES (1.20 USD) | 2,000 EUR (2,224.20 USD) |
If you lived in Venezuela, you would earn 1452.54 times less salary as compared to Latvia.
![]() Indicators ![]() | ![]() Venezuela ![]() | ![]() Latvia ![]() |
---|---|---|
Legal Consultation Per Hour Rate ![]() | 150 VES (0.04 USD) | 60 EUR (66.73 USD) |
Accounting Services Per Hour Rate ![]() | 120 VES (0.04 USD) | 50 EUR (55.61 USD) |
IT Support Services Per Hour Rate ![]() | 100 VES (0.03 USD) | 40 EUR (44.48 USD) |
Technician Services Per Hour Rate ![]() | 80 VES (0.02 USD) | 50 EUR (55.61 USD) |
Professional Services cost 1647.56 times less in Venezuela, as compared to Latvia.
We hope you enjoyed the detailed guide on the cost of living comparsion between Venezuela and Latvia.
For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.
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