North Korea vs Venezuela - Cost of Living Comparison

Updated:

Livingcost

North Korea Venezuela
🚶 Cost of living one person
$1595
$812
👨‍👩‍👧‍👦 Cost of living Family
$3883
$2170
🏠 One person rent
$940
$228
🏘️ Family rent
$2056
$470
🍽️ Food expenses
$496
$386
🚐 Transport expenses
$107
$108
💳 Monthly salary after tax
$401
$184
💸 GDP per capita
$1700
$15944
😃 Human freedom index
1.4
4.18
❤️ Life expectancy
73.6
71.1
👮 Corruption perceptions index
15
10
🌐 English speaking %
0%
1%
🎓 Higher education
18
63
😀 Quality of life
10
17
🏙️ Population
26.4M
28.5M

The average cost of living in North Korea ($1595) is 96% more expensive than in Venezuela ($812). North Korea ranked 25th vs 122nd 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 0.3 months in North Korea compared to 0.2 months in Venezuela. Ranked 190th and 173rd best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in North Korea vs Venezuela infographic

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Prices in North Korea vs Venezuela

We calculate prices for North Korea and Venezuela as a population-weighted mean of 24 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.

North Korea Venezuela
Eating Out
🍱 Lunch Menu
$8.47
$10.6
🥂 Dinner in a Restaurant, for 2
$111
$43.6
🥪 Fast food meal, equiv. McDonald's
$5.03
$9.55
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.8
$1.49
 Cappuccino
$1.85
$2.52
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.52
$1.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$866
$228
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$788
$164
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$3091
$492
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1573
$391
🔌 Utility Bill one person, electricity, heating, water, etc.
$81.2
$14.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$125
$22.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$55.7
$36.6
🏦 Mortgage Interest Rate for 20 Years
12.05%
22.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1542
$556
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$936
$490
Transportation
🚌 Local transport ticket
$0.38
$0.46
🎟️ Monthly ticket local transport
$47
$34.9
🚕 Taxi Ride, 8 km or 5 mi
$19.2
$26.5
 Gas / Petrol, 1 L or 0.26 gal
$0.89
$0.55
Groceries
🥛 Milk, 1 L or 1 qt
$2.52
$1.97
🍞 Bread, 0.5 kg or 1.1 lb
$2.62
$1.94
🍚 Rice, 1 kg or 2.2 lb
$2.64
$1.32
🥚 Eggs, x12
$2.56
$2.68
🧀 Cheese, 1 kg or 2.2 lb
$9.5
$6.72
🐔 Chicken Breast, 1 kg or 2.2 lb
$18.1
$6.66
🥩 Round Steak, 1 kg or 2.2 lb
$6.84
$7.03
🍏 Apples, 1 kg or 2.2 lb
$3.12
$4.71
🍌 Banana, 1 kg or 2.2 lb
$1.19
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$1.55
$1.75
🍅 Tomato, 1 kg or 2.2 lb
$6.94
$1.69
🥔 Potato, 1 kg or 2.2 lb
$2.99
$2.19
🧅 Onion, 1 kg or 2.2 lb
$0.98
$1.84
🌊 Water, 1 L or 1 qt
$0.33
$1.18
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.16
$2.33
🍾 Wine (mid-priced), 750 mL bottle
$6.94
$9.53
🍺 Beer, 0.5 L or 16 fl oz
$2.69
$1.51
🚬 Cigarette pack
$2.85
$3.55
💊 Cold medicince, 1 week
$3.57
$6.27
🧴 Hair Shampoo
$2.89
$5.7
🧻 Toilet paper, 4 rolls
$1.53
$2.93
👄 Toothpaste, 1 tube
$4.44
$2.39
Other
🏋️ Gym Membership, 1 month
$23.5
$41.3
🎫 Cinema Ticket, 1 person
$4.24
$5.49
👩‍⚕️ Doctor's visit
$15.1
$37.7
💇 Haircut, simple
$4.07
$10.7
👖 Brand Jeans
$28.5
$49
👟 Brand Sneakers
$62.1
$88.3
👶 Daycare or Preschool, 1 month
$101
$96.2
🏫 International Primary School, 1 year
$3222
$6376

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In North Korea

City Cost of living Population
Pyongyang
$1675
2.86M
Hamhung
$1597
769K
Chongjin
$1590
668K
Sunchon
$1574
437K
Nampo
$1570
367K
Wonsan
$1568
363K
Sinuiju
$1572
359K
Tanchon
$1571
346K
Kaechon
$1565
320K
Kaesong
$1565
308K
Sariwon
$1561
308K
Haeju
$1550
273K
Kanggye
$1553
252K
Anju
$1554
240K
Tokchon
$1546
237K
Pyongsong
$1548
237K
Kimchaek
$1551
207K
Rason
$1472
197K
Kusong
$1549
197K
Hyesan
$1549
193K
Chongju
$1547
190K
Huichon
$1538
168K
Hoeryong
$1467
154K
Sinpo
$1537
153K

In Venezuela

City Cost of living Population
Caracas
$1075
2.25M
Valencia
$769
1.48M
Maracaibo
$713
1.55M
Maracay
$817
1.1M
Barinas
$800
874K
Barquisimeto
$722
1.06M
Catia La Mar
$974
662K
Maturin
$890
753K
Barcelona
$858
550K
Santa Teresa del Tuy
$939
525K
Ciudad Guayana
$890
751K
Ciudad Bolivar
$880
568K
Cumana
$716
375K
Los Teques
$960
333K
Merida
$667
248K
Puerto la Cruz
$791
306K
Punto Fijo
$628
288K
San Cristobal
$592
286K
Valera
$703
250K
Cabimas
$700
352K
Turmero
$857
255K
La Guaira
$938
204K
Cua
$910
215K
Guarenas
$918
209K
La Victoria
$858
214K
El Tigre
$746
214K
Puerto Cabello
$781
209K
Guatire
$917
187K
San Felipe
$739
221K
Guacara
$795
200K