Cost Of Living For a Couple in Venezuela 2025

Couple cost of living chart - average monthly expenditure in Venezuela

Average Monthly Expenditure

Currency: VES
15,000 44,000 230,000
MINIMUM AVERAGE MAXIMUM
$410 $1,200 $6,500

Average monthly spending for couples in Venezuela

How much money does a couple need in a month to survive in Venezuela?

Couples in Venezuela spend around 44,000 VES per month on average. Depending on the lifestyle, a couple can survive with a monthly budget as low as 15,000 VES or as high as 230,000 VES. Location and income are very important factors and have a huge influence on expenditure and budget.

Prices and cost of goods and services in Venezuela

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Venezuela

Dining, food, and beverages costs


Fast food combo meal

38 VES 75 VES 130 VES
MINIMUM AVERAGE MAXIMUM
$1 $2.1 $3.5

Restaurant meal for one

130 VES 190 VES 380 VES
MINIMUM AVERAGE MAXIMUM
$3.5 $5.2 $10

Fine dining meal for one

250 VES 380 VES 1,500 VES
MINIMUM AVERAGE MAXIMUM
$6.9 $10 $42

Cappuccino or latte

31 VES 50 VES 75 VES
MINIMUM AVERAGE MAXIMUM
$0.87 $1.4 $2.1

Grocery and market costs


Milk large bottle

25 VES 30 VES 38 VES
MINIMUM AVERAGE MAXIMUM
$0.69 $0.83 $1

12 eggs

19 VES 25 VES 38 VES
MINIMUM AVERAGE MAXIMUM
$0.52 $0.69 $1

Fresh whole chicken

43 VES 55 VES 78 VES
MINIMUM AVERAGE MAXIMUM
$1.2 $1.5 $2.2

Pack of beef

50 VES 75 VES 150 VES
MINIMUM AVERAGE MAXIMUM
$1.4 $2.1 $4.2

Medium bag of rice

20 VES 28 VES 39 VES
MINIMUM AVERAGE MAXIMUM
$0.56 $0.76 $1.1

Bag of tomatos

7.5 VES 10 VES 19 VES
MINIMUM AVERAGE MAXIMUM
$0.21 $0.28 $0.52

Bag of apples

13 VES 18 VES 29 VES
MINIMUM AVERAGE MAXIMUM
$0.37 $0.49 $0.80
Chart showing the prices and cost of commute, travel, and transportation in Venezuela

Commute, travel, and transportation costs


20 minutes taxi ride

31 VES 38 VES 75 VES
MINIMUM AVERAGE MAXIMUM
$0.87 $1 $2.1

Average car full tank

190 VES 250 VES 500 VES
MINIMUM AVERAGE MAXIMUM
$5.2 $6.9 $14

Average car 1-day rental

190 VES 250 VES 380 VES
MINIMUM AVERAGE MAXIMUM
$5.2 $6.9 $10

Average car price

94,000 VES 190,000 VES 250,000 VES
MINIMUM AVERAGE MAXIMUM
$2,600 $5,200 $6,900

Bus ticket one way

6.3 VES 9.4 VES 19 VES
MINIMUM AVERAGE MAXIMUM
$0.17 $0.26 $0.52

Car Service

250 VES 380 VES 750 VES
MINIMUM AVERAGE MAXIMUM
$6.9 $10 $21
Chart showing the prices and cost of utility, energy, water, and gas for a couple in Venezuela

Utility cost (monthly)


Utility Bill - Couple

590 VES 2,000 VES 13,000 VES
MINIMUM AVERAGE MAXIMUM
$16 $55 $360

Internet and cable

190 VES 380 VES 500 VES
MINIMUM AVERAGE MAXIMUM
$5.2 $10 $14

Mobile phone charges

150 VES 250 VES 750 VES
MINIMUM AVERAGE MAXIMUM
$4.2 $6.9 $21

Leisure and activities costs


Movie ticket

94 VES 130 VES 190 VES
MINIMUM AVERAGE MAXIMUM
$2.6 $3.5 $5.2

One month gym membership

300 VES 380 VES 750 VES
MINIMUM AVERAGE MAXIMUM
$8.3 $10 $21
Chart showing the prices and cost of clothing and accessories in Venezuela

Cloths and accessories costs


Pair of jeans or pants

220 VES 310 VES 470 VES
MINIMUM AVERAGE MAXIMUM
$6.1 $8.7 $13

Woman dress

210 VES 290 VES 940 VES
MINIMUM AVERAGE MAXIMUM
$5.8 $8 $26

Woman shoes

200 VES 270 VES 630 VES
MINIMUM AVERAGE MAXIMUM
$5.5 $7.4 $17

Men's shoes

170 VES 210 VES 420 VES
MINIMUM AVERAGE MAXIMUM
$4.7 $5.8 $12

Men suit

190 VES 230 VES 1,300 VES
MINIMUM AVERAGE MAXIMUM
$5.2 $6.5 $35

Regular t-shirt

94 VES 130 VES 380 VES
MINIMUM AVERAGE MAXIMUM
$2.6 $3.5 $10
Chart showing the prices and cost of housing, accommodation, and rent in Venezuela

Housing costs / monthly rent


Studio apartment

3,100 VES 4,700 VES 13,000 VES
MINIMUM AVERAGE MAXIMUM
$87 $130 $350

1-bedroom apartment

4,700 VES 7,500 VES 19,000 VES
MINIMUM AVERAGE MAXIMUM
$130 $210 $520

2-bedroom apartment

6,300 VES 9,400 VES 25,000 VES
MINIMUM AVERAGE MAXIMUM
$170 $260 $690

Housing costs / Buying


Studio apartment

630,000 VES 940,000 VES 1.9M VES
MINIMUM AVERAGE MAXIMUM
$17,000 $26,000 $52,000

1-bedroom apartment

750,000 VES 1.3M VES 4.7M VES
MINIMUM AVERAGE MAXIMUM
$21,000 $35,000 $130,000

2-bedroom apartment

1.3M VES 3.8M VES 7.5M VES
MINIMUM AVERAGE MAXIMUM
$35,000 $100,000 $210,000
Chart showing the prices and cost of furniture in Venezuela

Furniture Costs


King Size Bed

3,800 VES 4,700 VES 6,300 VES
MINIMUM AVERAGE MAXIMUM
$100 $130 $170

Double Bed

2,500 VES 3,800 VES 4,700 VES
MINIMUM AVERAGE MAXIMUM
$69 $100 $130

Single Bed

2,200 VES 2,900 VES 3,800 VES
MINIMUM AVERAGE MAXIMUM
$61 $80 $100

Living Room

4,200 VES 5,400 VES 19,000 VES
MINIMUM AVERAGE MAXIMUM
$120 $150 $520

Dining Table

1,900 VES 2,500 VES 4,700 VES
MINIMUM AVERAGE MAXIMUM
$52 $69 $130

Sofa or Couch

2,500 VES 3,400 VES 7,500 VES
MINIMUM AVERAGE MAXIMUM
$69 $95 $210
Chart showing the prices and cost of electronic devices and appliances in Venezuela

Electronics and House Appliance Costs


TV Set

2,500 VES 3,800 VES 7,500 VES
MINIMUM AVERAGE MAXIMUM
$69 $100 $210

Fridge or Freezer

2,200 VES 3,400 VES 4,700 VES
MINIMUM AVERAGE MAXIMUM
$61 $95 $130

Washing Machine

2,900 VES 4,200 VES 7,500 VES
MINIMUM AVERAGE MAXIMUM
$80 $120 $210

Stove or Cooker

2,700 VES 3,400 VES 4,700 VES
MINIMUM AVERAGE MAXIMUM
$74 $95 $130

Mobile Phone

3,100 VES 3,800 VES 5,400 VES
MINIMUM AVERAGE MAXIMUM
$87 $100 $150

Laptop or Computer

3,400 VES 4,200 VES 7,500 VES
MINIMUM AVERAGE MAXIMUM
$95 $120 $210
Couple cost of living and expenditure to income ratio in Venezuela

Couple expenditure to income ratio in Venezuela

Analysing the how affordable it is for couples to live in Venezuela

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Couples usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a couple of four ranges between 70% to 80%.


Spending to Income Ratio

84%

78% to 91%

( expenditure / income ) x 100


Couples in Venezuela spend around 84% of their monthly income. Some couples spend as low as 78% of their income while some as high as 91%.

Distribution of monthly cost of living expenses of a couple in Venezuela

How do couples spend their money in Venezuela?

We asked thousands of couples about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for couples

Accomodation Cost25%

25% of total expenses on average (18% to 35%)

LOW$140   5,000 VES
AVERAGE$420   15,000 VES
HIGH$2,200   80,000 VES
Per Month

Couples in Venezuela typically spend from 18% to 35% of their total monthly expenditure on housing with 25% being the average. The average monthly spend on housing is 15,000 VES with expenditure ranging from 5,000 VES to 80,000 VES. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for couples

Cost of utilities8%

8% of total expenses on average (6% to 12%)

LOW$16   590 VES
AVERAGE$55   2,000 VES
HIGH$360   13,000 VES
Per Month

Utility expenditure like electricity, water, and gas in Venezuela ranges from 6% to 12% of total expenses with 8% being the average for most couples. The average monthly cost of utilities is 2,000 VES with 590 VES and 13,000 VES being the upper and lower limits for a couple of four.

Transport, fuel, and commute expenditure for couples

Cost of transport and fuel8%

8% of total expenses on average (2% to 13%)

LOW$49   1,800 VES
AVERAGE$150   5,300 VES
HIGH$780   28,000 VES
Per Month

Fuel consumption and cost of transport depend heavily on whether a couple resides near school and work, but roughly speaking a couple would expect to spend from 1,800 VES to 28,000 VES in a month on commuting with 5,300 VES being the norm for most couples. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 2% or as high as 13%.

Food, groceries, and basic shopping expenditure for couples

Food and Groceries Cost18%

18% of total expenses on average (13% to 23%)

LOW$57   2,100 VES
AVERAGE$170   6,200 VES
HIGH$910   33,000 VES
Per Month

The average outlay on groceries and basic houshold items for a typical couple in a month in Venezuela is 6,200 VES. The cost of groceries can range between 2,100 VES to 33,000 VES. Couples spend on average about 18% on food and groceries with upper and lower bounds of 13% and 23% respectively.

Healthcare and medical services expenditure for couples

Cost of healthcare15%

15% of total expenses on average (9% to 19%)

LOW$45   1,600 VES
AVERAGE$130   4,800 VES
HIGH$720   26,000 VES
Per Month

Couples in Venezuela allocate 9% to 19% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 15%. The range of medical expenses range from 1,600 VES to 26,000 VES with 4,800 VES being the norm for most couples.

Leisure and shopping expenditure for couples

Cost of leisure and shopping3%

3% of total expenses on average (1% to 6%)

LOW$24   880 VES
AVERAGE$73   2,600 VES
HIGH$390   14,000 VES
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 880 VES to 14,000 VES with 2,600 VES being the average. Speaking of percentages, that equates to 1% to 6% of total expenses with an average of 3% for most couples.

Education and schooling expenditure for couples

Cost of education and schooling1%

1% of total expenses on average (0.00% to 3%)

LOW$8.1   290 VES
AVERAGE$24   880 VES
HIGH$130   4,700 VES
Per Month

Spending on education can vary drastically between different couples. On average, education constitutes 1% of the monthly expenditure of couples with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 880 VES per month with 290 VES being the minimum spent amount and 4,700 VES being the maximum.

Other Expenses22%

22% of total expenses on average (16% to 28%)

LOW$69   2,500 VES
AVERAGE$210   7,500 VES
HIGH$1,100   40,000 VES
Per Month
Percentage of couples who manage to save money from their income every month in Venezuela

What percentage of couples in Venezuela are able to save money and how much can they save?


Percentage of couples that reported their ability to save money


Saving Money
50%
Not Saving
51%

Almost 50% of surveyed couples in Venezuela said that they can save some money at the end of each month while 51% reported that they have to utilize their whole income to survive.


Couple savings to income ratio in Venezuela

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do couples manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

8% 16% of income 28%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

4,100 VES
$110
12,000 VES
$340
65,000 VES
$1,800
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%37%
10% - 20%28%
20% - 30%20%
30% - 40%7%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Couples that are able to save money can put anywhere from 8% to 28% of their monthly income to their savings, with 16% being the average for most couples. The average monthly amount of money that couples can put aside is 12,000 VES with 4,100 VES and 65,000 VES being the minimum and maximum respectively.

Where do couples choose to put their savings in Venezuela

Typical saving choices for couples in Venezuela

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts16%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks3%
Bonds4%
Mutual Funds2%
Certificates of Deposit2%

Emergency Funds For Couples

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked couples whether they have an emergency fund and the answers were as follows.

Yes41%

No59%


Based on the survey, 59% of the couples living in Venezuela said that they don't have an emergency fund while 41% said that they do.

Reasons that make it difficult for couples to save money in Venezuela

Saving Challenges in Venezuela

Reasons that make it difficult for couples to save money

We wanted to understand what is stopping couples from maximizing their savings in Venezuela. Listed below are the answers given by the survey participants.


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later22%
Inflation14%
Social Pressure2%
Market Instability2%

Around 4% of the couples said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 12% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% of couples blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for couples to live in Venezuela

Affordable living in Venezuela

Income and cost of living compatibility

We asked couples one simple question and recorded their answers.

Is it affordable or economical to live in Venezuela?


Yes
43%
No
57%

Around 43% of surveyed couples think that living in Venezuela is affordable with proper budgeting while 57% reported that it is just too expensive and not affordable even with frugality and thriftness.

Monthly costs and expenses of energy and basic utilities in Venezuela

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Venezuela

Utility Bill Cost / Electricity + Water + Gas / Couple

590 VES 2,000 VES 13,000 VES
MINIMUM AVERAGE MAXIMUM
$16 $55 $360

Internet and cable cost

190 VES 380 VES 500 VES
MINIMUM AVERAGE MAXIMUM
$5.2 $10 $14

Mobile phone bill and charges

150 VES 250 VES 750 VES
MINIMUM AVERAGE MAXIMUM
$4.2 $6.9 $21

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of couples is around 2,000 VES. The cost of internet and WiFi ranges from 190 VES to 500 VES with 380 VES being the average internet bill. Finally, the average monthly mobile charges is around 250 VES but can range between 150 VES and 750 VES depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


4% 7% of income 11%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Venezuela is around 7%. This means that people pay 7% of their income for energy, water, internet, and mobile charges. Those figures can range from 4% to 11% depending on salary and location.

How easily is cost-cutting for couples. Are there plenty of low-cost options in Venezuela

Low-cost alternatives in Venezuela

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked couples how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options53%

Few low-cost options47%


Based on the survey, 53% of the couples living in Venezuela have no problem finding low-cost alternatives to support a frugal lifestyle while 47% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Financial literacy and difficulty in budgeting and financial planning for couples in Venezuela

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy38%


We asked couple guardians and parents in Venezuela whether they acquired any adequate personal financial training in their lives. Approximately 62% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 38% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether couples of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 56% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 44% said that they have everything under control.

Struggles with finance56%

Easily manages finances44%

Chart showing the percentage of couples who are in debt in Venezuela

Debt, loans, and mortgages in Venezuela


Percentage of couples who are in debt


In Debt
31%
Debt Free
69%

According to the survey, 31% of the couples in Venezuela have some kind of debt, loan, mortgage, or credit card payments while 69% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Venezuela

Debt-to-income ratio in Venezuela

Debt to income ratio

33%

26% to 41%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 33% of a couple's monthly income in Venezuela goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%20%
40% - 50%16%
30% - 40%18%
20% - 30%9%
10% - 20%10%
0% - 10%25%

According to our data, 4% of the debtors in Venezuela pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Venezuela

Debt% People
Real Estate Mortgage7%
Auto Loan13%
Student Loan4%
Credit Card31%
Personal Loan45%

7% of debtors in Venezuela confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 13% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Venezuela.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Venezuela

Besides measuring the loan-to-income ratio, we asked couples how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never49%
Once a year25%
Twice a year13%
Three times a year9%
Four times a year5%
Financial goals and targets of couples living in Venezuela

Financial goals of couples in Venezuela

In an attempt to understand the economic situation in Venezuela, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund9%
Debt Reduction46%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle5%
Healthcare Expenses15%
Financial Independence4%

Around 9% of couples said that their main goal is to establish an emergency fund to cover unexpected expenses while 46% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 15% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Venezuela

Housing costs, accommodation, and housing affordability in Venezuela

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Venezuela

Monthly Rent Prices

Studio apartment monthly rent cost

3,100 VES 4,700 VES 13,000 VES
MINIMUM AVERAGE MAXIMUM
$87 $130 $350

1-bedroom apartment monthly rent cost

4,700 VES 7,500 VES 19,000 VES
MINIMUM AVERAGE MAXIMUM
$130 $210 $520

2-bedroom apartment monthly rent cost

6,300 VES 9,400 VES 25,000 VES
MINIMUM AVERAGE MAXIMUM
$170 $260 $690

3-bedroom apartment monthly rent cost

7,500 VES 13,000 VES 34,000 VES
MINIMUM AVERAGE MAXIMUM
$210 $350 $950

Furnished apartment monthly rent cost

15,000 VES 38,000 VES 75,000 VES
MINIMUM AVERAGE MAXIMUM
$420 $1,000 $2,100

Townhouse monthly rent cost

13,000 VES 19,000 VES 54,000 VES
MINIMUM AVERAGE MAXIMUM
$350 $520 $1,500

House monthly rent cost

15,000 VES 38,000 VES 75,000 VES
MINIMUM AVERAGE MAXIMUM
$420 $1,000 $2,100

Villa monthly rent cost

19,000 VES 47,000 VES 75,000 VES
MINIMUM AVERAGE MAXIMUM
$520 $1,300 $2,100

The monthly rental cost of a studio apartment in Venezuela ranges between 3,100 VES and 13,000 VES, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 4,700 VES to 19,000 VES. Two-bedroom rentals rate ranges between 6,300 VES and 25,000 VES per month. The monthly rental for a three-bedroom apartment ranges from 7,500 VES to 34,000 VES. The average rent of a townhouse in Venezuela is around 19,000 VES while house rental costs can be as high as 38,000 VES per month. Finally, if you want to rent a villa, expect to pay anywhere from 19,000 VES to 75,000 VES per month.



Apartment and house prices in Venezuela

Cost of buying a property

Studio apartment price

630,000 VES 940,000 VES 1.9M VES
MINIMUM AVERAGE MAXIMUM
$17,000 $26,000 $52,000

1-bedroom apartment price

750,000 VES 1.3M VES 4.7M VES
MINIMUM AVERAGE MAXIMUM
$21,000 $35,000 $130,000

2-bedroom apartment price

1.3M VES 3.8M VES 7.5M VES
MINIMUM AVERAGE MAXIMUM
$35,000 $100,000 $210,000

3-bedroom apartment price

4.2M VES 6.3M VES 19M VES
MINIMUM AVERAGE MAXIMUM
$120,000 $170,000 $520,000

Townhouse price

5.4M VES 13M VES 47M VES
MINIMUM AVERAGE MAXIMUM
$150,000 $350,000 $1.3M

House price

6.3M VES 38M VES 54M VES
MINIMUM AVERAGE MAXIMUM
$170,000 $1M $1.5M

Villa price

7.5M VES 42M VES 63M VES
MINIMUM AVERAGE MAXIMUM
$210,000 $1.2M $1.7M

The average price of a studio apartment in Venezuela can range from 630,000 VES to 1.9M VES depending on location. One bedroom cost can be anywhere from 750,000 VES to 4.7M VES. A villa can cost you 42M VES on average with prices ranging from 7.5M VES to 63M VES.


If you're leasing or purchasing, housing costs in Venezuela will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


27 x74 monthly income 184
MINIMUM AVERAGE MAXIMUM

Property prices in Venezuela can be x74 to x184 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x74 multiples of the average monthly salary in Venezuela.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


17% 27% of income 37%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Venezuela is around 27%. This means that people pay 27% of their income for rent. Those figures can range from 17% to 37% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
25%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
1.7%
AVERAGE
2.7%
TO
3.7%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


59 VES 760 VES 7,600 VES
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Food Prices, Dining Expenses, and Grocery Costs in Venezuela

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Venezuela

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

38 VES 75 VES 130 VES
MINIMUM AVERAGE MAXIMUM
$1 $2.1 $3.5

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Venezuela is approximatly 75 VES with meal cost ranging from 38 VES to 130 VES. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

130 VES 190 VES 380 VES
MINIMUM AVERAGE MAXIMUM
$3.5 $5.2 $10

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 130 VES and 380 VES with 190 VES being the average price of a plate for one person at a regular restaurant in Venezuela.

Fine dining meal for one price

250 VES 380 VES 1,500 VES
MINIMUM AVERAGE MAXIMUM
$6.9 $10 $42

The price range of a meal at fine-dining restaurant is 250 VES to 1,500 VES with the average cost being 380 VES for one person. This is what you would expect to pay a top-tier diner in Venezuela.

Beverage prices, cappuccino, latte etc..

31 VES 50 VES 75 VES
MINIMUM AVERAGE MAXIMUM
$0.87 $1.4 $2.1

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Venezuela is around 50 VES. Price ranges between 31 VES and 75 VES depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

25 VES 30 VES 38 VES
MINIMUM AVERAGE MAXIMUM
$0.69 $0.83 $1

The average price of a large bottle of milk in Venezuela is 30 VES. The maximum what you would pay for milk is 38 VES and the minimum being 25 VES depending on the brand of milk and other properties.

12 eggs price

19 VES 25 VES 38 VES
MINIMUM AVERAGE MAXIMUM
$0.52 $0.69 $1

A dozen eggs costs around 25 VES on average with 19 VES and 38 VES being the lower and upper limits respectively.

Fresh whole chicken price

43 VES 55 VES 78 VES
MINIMUM AVERAGE MAXIMUM
$1.2 $1.5 $2.2

The price range of a fresh whole chicken in Venezuela is between 43 VES and 78 VES depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 55 VES.

Pack of beef price

50 VES 75 VES 150 VES
MINIMUM AVERAGE MAXIMUM
$1.4 $2.1 $4.2

The price of a regular pack of beef or meat is around 75 VES. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

20 VES 28 VES 39 VES
MINIMUM AVERAGE MAXIMUM
$0.56 $0.76 $1.1

A bag of rice in Venezuela costs around 28 VES on average with prices rangeing between 20 VES and 39 VES depending on the brand and quality.

Bag of tomatos price

7.5 VES 10 VES 19 VES
MINIMUM AVERAGE MAXIMUM
$0.21 $0.28 $0.52

A bag of tomatoes costs anywhere from 7.5 VES to 19 VES. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

13 VES 18 VES 29 VES
MINIMUM AVERAGE MAXIMUM
$0.37 $0.49 $0.80

A bag of apples costs 18 VES on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


20% 28% of income 34%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Venezuela is around 28%. This means that couples spend 28% of their income on grocery and basic household items. The expenditure can range from 20% to 34% depending on salary and location.


Expenditure on food and grocery for couples

Couples' spending on grocery ranges from 2,100 VES to 33,000 VES with the location, income, and size of the couple being the most determinite factors.

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