Cost of Living in Venezuela

Updated: March 01, 2025

If you've ever considered moving to Venezuela, one of the first questions that likely crossed your mind is, "What is the cost of living in Venezuela?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Venezuela and whether the reported $1159 per month figure aligns with the average monthly salary of $192.19.

Restaurants

Markets

Transportation

Childcare

Clothing

Rent Per Month

Buy Apartment

Salaries

Venezuela

restaurant Restaurants	Price	World Range
Meal, Inexpensive Restaurant	10.0 $
Meal for 2 People, Mid-range Restaurant, Three-course	50.0 $
McMeal at McDonalds (or Equivalent Combo Meal)	9.0 $
Domestic Beer (1 pint draught)	1.25 $
Imported Beer (12 oz small bottle)	2.0 $
Cappuccino (regular)	1.63 $
Coke/Pepsi (12 oz small bottle)	1.09 $
Water (12 oz small bottle)	0.82 $

store Markets	Price	World Range
Milk (regular), (1 gallon)	1.71 $
Loaf of Fresh White Bread (1 lb)	2.13 $
Rice (white), (1 lb)	1.09 $
Eggs (regular) (12)	2.05 $
Local Cheese (1 lb)	4.42 $
Chicken Fillets (1 lb)	5.11 $
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	5.63 $
Apples (1 lb)	4.27 $
Banana (1 lb)	0.95 $
Oranges (1 lb)	1.26 $
Tomato (1 lb)	1.34 $
Potato (1 lb)	1.34 $
Onion (1 lb)	1.62 $
Lettuce (1 head)	0.99 $
Water (1.5 liter bottle)	1.22 $
Bottle of Wine (Mid-Range)	8.0 $
Domestic Beer (0.5 liter bottle)	1.22 $
Imported Beer (12 oz small bottle)	2.12 $
Cigarettes 20 Pack (Marlboro)	3.0 $

commute Transportation	Price	World Range
One-way Ticket (Local Transport)	0.5 $
Monthly Pass (Regular Price)	30.0 $
Taxi Start (Normal Tariff)	4.0 $
Taxi 1 mile (Normal Tariff)	2.0 $
Taxi 1hour Waiting (Normal Tariff)	10.0 $
Gasoline (1 gallon)	0.5 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	32500.0 $
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	30400.0 $

mark_as_unread Utilities (Monthly)	Price	World Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	18.17 $
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	0.07 $
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	43.16 $

kitesurfing Sports And Leisure	Price	World Range
Fitness Club, Monthly Fee for 1 Adult	38.42 $
Tennis Court Rent (1 Hour on Weekend)	11.75 $
Cinema, International Release, 1 Seat	6.0 $

child_friendly Childcare	Price	World Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	65.28 $
International Primary School, Yearly for 1 Child	11033.33 $

checkroom Clothing And Shoes	Price	World Range
1 Pair of Jeans (Levis 501 Or Similar)	43.59 $
1 Summer Dress in a Chain Store (Zara, H&M, ...)	34.38 $
1 Pair of Nike Running Shoes (Mid-Range)	67.05 $
1 Pair of Men Leather Business Shoes	67.76 $

night_shelter Rent Per Month	Price	World Range
Apartment (1 bedroom) in City Centre	227.5 $
Apartment (1 bedroom) Outside of Centre	217.61 $
Apartment (3 bedrooms) in City Centre	463.35 $
Apartment (3 bedrooms) Outside of Centre	352.6 $

home Buy Apartment Price	Price	World Range
Price per Square Feet to Buy Apartment in City Centre	653.27 $
Price per Square Feet to Buy Apartment Outside of Centre	666.41 $

account_balance_wallet Salaries And Financing	Price	World Range
Average Monthly Net Salary (After Tax)	192.19 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	25.87 %

Dining Out

The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 10.0 USD, while a three-course dinner for two at a mid-range restaurant generally costs 50.0 USD.

Groceries

Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.71 USD, a loaf of bread 2.13 USD, and a dozen eggs approximately 2.05 USD.

Transportation

Public transport is relatively affordable, with a single trip priced at about 0.5 USD and a monthly pass around 30.0 USD. If you plan to use public transit regularly, these passes offer great value.

Utilities

For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 18.17 USD.

Sports and Recreation

For those interested in fitness and leisure, a monthly gym membership averages around 38.42 USD, while an hour on a tennis court on weekends costs about 11.75 USD.

Childcare and Education

Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 65.28 USD. For international schooling options, annual tuition can reach approximately 11033.33 USD.

Clothing and Footwear

Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 43.59 USD, and mid-range Nike sneakers are priced around 67.05 USD.

Apartment Rentals

Rental prices depend on location, with a one-bedroom apartment in the city center averaging 227.5 USD per month, while one outside the center costs around 217.61 USD.

Real Estate for Purchase

If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 653.27 USD, while in the suburbs, it's closer to 666.41 USD.

Average Salary and Mortgage Rates

The average monthly net salary here is about 192.19 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 25.87% annually.

Warnings & Dangers in Venezuela

OVERALL RISK: HIGH

Venezuela is not safe for foreigners. Keep that in mind while you plan your trip to your country, remain vigilant at all times as both petty and violent crimes exist in abundance here. Apply maximum possible precaution measures.

TRANSPORT & TAXIS RISK: MEDIUM

Pickpockets operate mostly in buses and subway stations so be careful. Know that the roads are also extremely dangerous as carjacking is a regular occurrence. Buses and trains are also known for robberies.

PICKPOCKETS RISK: HIGH

Pickpockets are virtually everywhere in Venezuela. Pickpocketing and bag snatching are the most common forms of petty crime. Refrain from wearing anything remotely valuable outside.

NATURAL DISASTERS RISK: MEDIUM

As for the natural disasters that hit Venezuela, you can expect floods, earthquakes, and hurricanes. Floods are expected mostly in the period between May and December while the hurricane season lasts from June to November.

MUGGING RISK: HIGH

Violent crimes are also the norm here, and kidnappings as well. There's a new expression developed in this country, "express kidnapping" which means foreigners being kidnapped and possibly tortured until they use their credit card to empty their account and give their money to the muggers. Be extremely careful everywhere.

TERRORISM RISK: LOW

There haven't been any terrorist attacks in Venezuela's recent history. However, they shouldn't be ruled out, so be aware of your surroundings at all times.

SCAMS RISK: HIGH

Be wary of the so-called "virtual kidnappings". Locals in Venezuela generally never complete questionnaires or surveys because they're actually scams devised in order to collect information on you and your family members. Also, don't fall for the airport tax scam: be careful not to get overcharged when paying airport tax for both international and domestic flights.

WOMEN TRAVELERS RISK: MEDIUM

Many women have traveled to Venezuela without having negative experiences. The fact is, it is no more dangerous to women than it is to men. However, do not walk alone, especially after dark, as you might be perceived as an easier target to muggers and robbers.

Cost of Living in Venezuela

Venezuela

Restaurants

Markets

Transportation

Utilities (Monthly)

Sports And Leisure

Childcare

Clothing And Shoes

Rent Per Month

Buy Apartment Price

Salaries And Financing