Italy vs Venezuela - Cost of Living Comparison

Updated:

Livingcost

Italy Venezuela
🚶 Cost of living one person
$1624
$838
👨‍👩‍👧‍👦 Cost of living Family
$3873
$2146
🏠 One person rent
$819
$226
🏘️ Family rent
$1379
$374
🍽️ Food expenses
$548
$415
🚐 Transport expenses
$102
$103
💳 Monthly salary after tax
$1952
$222
💸 GDP per capita
$40385
$4218
😃 Human freedom index
8.28
4.44
❤️ Life expectancy
83.7
72.5
👮 Corruption perceptions index
53
10
🌐 English speaking %
28.2%
1%
🎓 Higher education
92
63
😀 Quality of life
82
27
🏙️ Population
59M
28.4M

The average cost of living in Italy ($1624) is 94% more expensive than in Venezuela ($838). Italy ranked 35th vs 123rd for Venezuela in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.2 months in Italy compared to 0.3 months in Venezuela. Ranked 33rd and 159th best countries to live in the world.

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the estimated difference in money purchasing power

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Prices in Italy vs Venezuela

We calculate prices for Italy and Venezuela as a population-weighted mean of 148 and 77 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Italy Venezuela
Eating Out
🍱 Lunch Menu
$18.3
$9.46
🥂 Dinner in a Restaurant, for 2
$71.3
$45.1
🥪 Fast food meal, equiv. McDonald's
$12.1
$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.97
$1.69
 Cappuccino
$2.12
$2.98
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.04
$1.37
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$834
$247
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$613
$161
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1556
$520
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1097
$386
🔌 Utility Bill one person, electricity, heating, water, etc.
$130
$17.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$201
$27.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$30.4
$32.6
🏦 Mortgage Interest Rate for 20 Years
3.47%
21.48%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4759
$652
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2544
$411
Transportation
🚌 Local transport ticket
$1.92
$0.43
🎟️ Monthly ticket local transport
$43.9
$31.2
🚕 Taxi Ride, 8 km or 5 mi
$20.7
$24.8
 Gas / Petrol, 1 L or 0.26 gal
$2.03
$0.66
Groceries
🥛 Milk, 1 L or 1 qt
$1.64
$2.36
🍞 Bread, 0.5 kg or 1.1 lb
$2.22
$1.95
🍚 Rice, 1 kg or 2.2 lb
$2.75
$1.53
🥚 Eggs, x12
$4.37
$3.21
🧀 Cheese, 1 kg or 2.2 lb
$16.9
$7.13
🐔 Chicken Breast, 1 kg or 2.2 lb
$12.3
$7.64
🥩 Round Steak, 1 kg or 2.2 lb
$20.2
$9.24
🍏 Apples, 1 kg or 2.2 lb
$2.58
$5.84
🍌 Banana, 1 kg or 2.2 lb
$2.26
$1.65
🍊 Oranges, 1 kg or 2.2 lb
$2.7
$1.79
🍅 Tomato, 1 kg or 2.2 lb
$3.37
$1.95
🥔 Potato, 1 kg or 2.2 lb
$1.93
$2.09
🧅 Onion, 1 kg or 2.2 lb
$1.87
$2
🌊 Water, 1 L or 1 qt
$0.36
$1.34
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.46
$2.15
🍾 Wine (mid-priced), 750 mL bottle
$7.55
$11.2
🍺 Beer, 0.5 L or 16 fl oz
$1.76
$1.43
🚬 Cigarette pack
$6.97
$3.76
💊 Cold medicince, 1 week
$11.5
$7.76
🧴 Hair Shampoo
$3.57
$5.81
🧻 Toilet paper, 4 rolls
$2.43
$3.19
👄 Toothpaste, 1 tube
$2.23
$2.55
Other
🏋️ Gym Membership, 1 month
$58.4
$37.4
🎫 Cinema Ticket, 1 person
$10.6
$5.43
👩‍⚕️ Doctor's visit
$95.4
$43
💇 Haircut, simple
$17.3
$11.2
👖 Brand Jeans
$89.9
$52.7
👟 Brand Sneakers
$101
$101
👶 Daycare or Preschool, 1 month
$564
$114
🏫 International Primary School, 1 year
$11665
$5400

Cost of living in other countries

Cost of living

Cities Comparison in Italy vs Venezuela

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Cost of Living in Popular cities

In Italy

City Cost of living Population
Rome
$1972
2.75M
Milan
$2328
1.35M
Turin
$1659
842K
Naples
$1570
913K
Genoa
$1613
559K
Palermo
$1176
630K
Bologna
$1749
388K
Florence
$1891
361K
Bari
$1617
315K
Catania
$1336
312K
Verona
$1724
256K
Venice
$1734
250K
Prato
$1586
196K
Padua
$1876
206K
Parma
$1620
197K
Brescia
$1893
196K
Modena
$1653
184K
Messina
$1238
219K
Trieste
$1659
198K
Reggio Emilia
$1488
170K
Ravenna
$1396
156K
Taranto
$1326
188K
Bergamo
$1497
120K
Foggia
$1355
145K
Cagliari
$1624
147K
Reggio Calabria
$1164
171K
Perugia
$1212
162K
Monza
$1835
122K
Livorno
$1669
153K
Rimini
$1601
149K

In Venezuela

City Cost of living Population
Caracas
$1253
2.25M
Maracaibo
$716
1.55M
Valencia
$787
1.48M
Barinas
$859
874K
Maracay
$756
1.1M
Barquisimeto
$724
1.06M
Catia La Mar
$1080
662K
Ciudad Guayana
$896
751K
Maturin
$830
753K
Barcelona
$873
550K
Santa Teresa del Tuy
$832
525K
Ciudad Bolivar
$846
568K
Cumana
$680
375K
Cabimas
$698
352K
Merida
$724
248K
Puerto la Cruz
$716
306K
Los Teques
$1025
333K
Valera
$761
250K
Punto Fijo
$710
288K
San Cristobal
$685
286K
La Guaira
$1058
204K
Guarenas
$954
209K
Turmero
$863
255K
Cua
$748
215K
El Tigre
$752
214K
Guatire
$947
187K
La Victoria
$847
214K
San Felipe
$788
221K
Puerto Cabello
$838
209K
San Fernando de Apure
$827
194K