Cost of living comparison

Eritrea

compared to

Venezuela

Venezuela vs. Eritrea Cost of Living Summary

Venezuela is 12.7% cheaper than Eritrea overall.

Restaurants: pay 15.3% less in Venezuela
Groceries: pay 4.6% less in Venezuela
Transportation: pay 37.1% less in Venezuela
Housing: pay 22.8% less in Venezuela
Childcare: pay 2.3 times more in Venezuela
Entertainment and Sports: pay 2.5 times more in Venezuela
Clothing: pay 59.2% less in Venezuela

The cost of entertainment and sports and childcare in Venezuela are more expensive than in Eritrea. Expenses including clothing, transportation, housing, restaurants, and groceries are lower in Venezuela. Notably, entertainment and sports and childcare are significantly more expensive in Venezuela.

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Venezuela vs. Eritrea Cost Breakdown

If you lived in Venezuela instead of Eritrea, you would:

Display currency: USD

pay 15.3% less for restaurants

	Eritrea	Venezuela
Basic meal with drink at inexpensive restaurant	$21.00 ERN315.00	$8.26 VEF82.44	-60.6%
Fast food combo meal McDonalds, or similar	$5.99 ERN89.85	$10.58 VEF105.56	+76.7%
Bottle of Coca-Cola (11 fl. oz)	$1.00 ERN15.00	$1.48 VEF14.77	+48.1%
Bottle of water (11 fl. oz)	$1.00 ERN15.00	$1.16 VEF11.58	+16.1%
Average			-15.3%

Eritrea vs. Venezuela - Cost of restaurants

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pay 4.6% less for groceries

	Eritrea	Venezuela
Bread 1 loaf	??	$1.88 VEF18.74
Local cheese (8 oz)	$1.50 ERN22.50	$3.24 VEF32.34	+116.1%
Milk (1 gallon)	$6.06 ERN90.85	$7.76 VEF77.39	+28.1%
Eggs 1 dozen	$4.38 ERN65.70	$2.87 VEF28.60	-34.5%
Boneless chicken breast (1 lb)	$12.17 ERN182.57	$3.13 VEF31.20	-74.3%
Apples (1 lb)	$5.54 ERN83.16	$2.15 VEF21.43	-61.2%
Bananas (1 lb)	$0.58 ERN8.69	$0.73 VEF7.27	+25.8%
Oranges (1 lb)	$0.91 ERN13.61	$0.76 VEF7.63	-15.7%
Tomatoes (1 lb)	$0.53 ERN7.94	$0.90 VEF8.99	+70.4%
Potatoes (1 lb)	$0.82 ERN12.25	$0.86 VEF8.62	+5.9%
Onions (1 lb)	$0.42 ERN6.35	$0.77 VEF7.67	+81.7%
Average			-4.6%

Eritrea vs. Venezuela - Cost of groceries

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pay 37.1% less for transportation

	Eritrea	Venezuela
Gasoline (1 gallon)	$9.46 ERN141.95	$2.52 VEF25.12	-73.4%
Monthly public transit pass	$8.00 ERN120.00	$29.00 VEF289.26	+262.5%
New Volkswagen Golf 1.4 (standard edition)	$66,666.00 ERN1000K	$26,527.78 VEF265K	-60.2%
Taxi trip in downtown area (5 miles)	??	$20.23 VEF201.73
Average			-37.1%

Eritrea vs. Venezuela - Cost of transportation

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pay 22.8% less for housing

	Eritrea	Venezuela
Internet connection 50 mbps or faster, cable/dsl	$200.00 ERN3,000.00	$32.33 VEF322.49	-83.8%
1-Bedroom apartment in downtown area	$250.00 ERN3,750.00	$229.92 VEF2,293.30	-8.0%
1-Bedroom apartment outside city center	$200.00 ERN3,000.00	$144.91 VEF1,445.38	-27.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$19.12 ERN286.76	$18.46 VEF184.16	-3.4%
Average			-22.8%

Eritrea vs. Venezuela - Cost of housing

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pay 2.3 times more for childcare

	Eritrea	Venezuela
Private preschool for 1 child, monthly	$25.00 ERN375.00	$82.50 VEF822.90	+230.0%
Middle school for 1 child, two semesters	$2,600.00 ERN39,000.00	$4,042.86 VEF40,325.48	+55.5%
Average			+126.5%

Eritrea vs. Venezuela - Cost of childcare

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pay 2.5 times more for entertainment and sports

	Eritrea	Venezuela
Domestic/local beer (1 pint)	$0.60 ERN9.00	$1.60 VEF15.99	+167.1%
Cappuccino in mid-range area	$0.80 ERN12.00	$2.49 VEF24.84	+211.3%
Pack of cigarettes Marlboro or similar	??	$2.91 VEF29.07
Monthly membership at local gym	$27.00 ERN405.00	$34.32 VEF342.37	+27.1%
Movie ticket to theater/cinema	$1.20 ERN18.00	$4.44 VEF44.33	+270.4%
Average			+146.2%

Eritrea vs. Venezuela - Cost of entertainment and sports

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pay 59.2% less for clothing

	Eritrea	Venezuela
Regular jeans Levi's brand	$135.00 ERN2,025.00	$48.42 VEF482.92	-64.1%
Regular dress from H&M or similar store	$120.00 ERN1,800.00	$42.47 VEF423.65	-64.6%
Running shoes Nike or Adidas	$200.00 ERN3,000.00	$85.14 VEF849.19	-57.4%
Men's business shoes (leather)	$150.00 ERN2,250.00	$76.63 VEF764.38	-48.9%
Average			-59.2%

Eritrea vs. Venezuela - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Eritrea vs. Venezuela

Salary Calculator · Free tool

What salary would you need in Venezuela?

Quality of Life Comparison · 19 statistics

Be 2.9 times more likely to have internet access in Venezuela

Size Comparison · See true size

Eritrea is about 8 times smaller than Venezuela.

Moving from Eritrea to Venezuela · UN DESA 2020

25 people born in Eritrea live in Venezuela.

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