Cost of living comparison
Venezuela is 19.4% cheaper than South Korea.
If you lived in Venezuela instead of South Korea, you would:
pay 26.7% more for restaurants
South Korea
|
Venezuela
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.44
₩8,836
|
$7.68
VEF76.60
|
|
Fast food combo meal
McDonalds, or similar
|
$5.49
₩7,522
|
$9.60
VEF95.79
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.39
₩1,905
|
$1.19
VEF11.89
|
|
Bottle of water (11 fl. oz) |
$0.74
₩1,011
|
$0.93
VEF9.32
|
|
pay 42.7% less for groceries
South Korea
|
Venezuela
|
||
---|---|---|---|
Bread
1 loaf
|
$2.87
₩3,934
|
$1.87
VEF18.61
|
|
Local cheese (8 oz) |
$6.02
₩8,253
|
$2.43
VEF24.23
|
|
Milk (1 gallon) |
$7.79
₩10,684
|
$6.65
VEF66.31
|
|
Eggs
1 dozen
|
$3.21
₩4,404
|
$2.32
VEF23.13
|
|
Boneless chicken breast (1 lb) |
$2.83
₩3,881
|
$2.49
VEF24.82
|
|
Apples (1 lb) |
$2.76
₩3,788
|
$2.14
VEF21.31
|
|
Bananas (1 lb) |
$1.39
₩1,905
|
$0.51
VEF5.12
|
|
Oranges (1 lb) |
$2.49
₩3,413
|
$0.61
VEF6.04
|
|
Tomatoes (1 lb) |
$2.03
₩2,784
|
$0.74
VEF7.39
|
|
Potatoes (1 lb) |
$1.69
₩2,317
|
$0.60
VEF5.98
|
|
Onions (1 lb) |
$1.10
₩1,507
|
$0.76
VEF7.58
|
|
pay 28.7% more for transportation
South Korea
|
Venezuela
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.58
₩6,274
|
$1.90
VEF18.91
|
|
Monthly public transit pass |
$48.21
₩66,107
|
$34.14
VEF340.56
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,876.80
₩38,221,885
|
$31,277.78
VEF311,980.23
|
|
Taxi trip in downtown area (5 miles) |
$8.80
₩12,065
|
$25.55
VEF254.88
|
|
pay 29.0% less for housing
South Korea
|
Venezuela
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$20.28
₩27,801
|
$38.05
VEF379.56
|
|
1-Bedroom apartment in downtown area |
$421.68
₩578,164
|
$176.74
VEF1,762.92
|
|
1-Bedroom apartment outside city center |
$330.55
₩453,223
|
$133.41
VEF1,330.69
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$129.93
₩178,142
|
$18.38
VEF183.30
|
|
pay 73.2% less for childcare
South Korea
|
Venezuela
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$386.50
₩529,932
|
$61.90
VEF617.38
|
|
Middle school for 1 child, two semesters |
$18,893.14
₩25,904,383
|
$7,090.00
VEF70,719.21
|
|
pay 35.3% less for entertainment and sports
South Korea
|
Venezuela
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.93
₩4,011
|
$1.31
VEF13.12
|
|
Cappuccino in mid-range area |
$3.45
₩4,733
|
$2.05
VEF20.45
|
|
Pack of cigarettes
Marlboro or similar
|
$3.33
₩4,571
|
$3.26
VEF32.56
|
|
Monthly membership at local gym |
$48.95
₩67,116
|
$32.57
VEF324.85
|
|
Movie ticket to theater/cinema |
$9.82
₩13,470
|
$5.39
VEF53.73
|
|
pay 11.1% less for clothing
South Korea
|
Venezuela
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$62.63
₩85,878
|
$51.51
VEF513.76
|
|
Regular dress
from H&M or similar store
|
$43.35
₩59,433
|
$36.63
VEF365.35
|
|
Running shoes
Nike or Adidas
|
$72.22
₩99,020
|
$82.19
VEF819.78
|
|
Men's business shoes (leather) |
$98.82
₩135,486
|
$74.37
VEF741.76
|
|
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