Cost of living comparison

compared to

Venezuela vs. Falkland Islands (Islas Malvinas) Cost of Living Summary

Venezuela is 70.9% cheaper than Falkland Islands (Islas Malvinas) overall.

Restaurants: pay 59.1% less in Venezuela
Groceries: pay 41.0% less in Venezuela
Transportation: pay 64.8% less in Venezuela
Housing: pay 87.5% less in Venezuela
Entertainment and Sports: pay 45.4% less in Venezuela
Clothing: pay 47.3% less in Venezuela

Expenses including housing, transportation, restaurants, clothing, entertainment and sports, and groceries are lower in Venezuela.

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Venezuela vs. Falkland Islands (Islas Malvinas) Cost Breakdown

If you lived in Venezuela instead of Falkland Islands (Islas Malvinas), you would:

Display currency: USD

pay 59.1% less for restaurants

	Falkland Islands (Islas Malvinas)	Venezuela
Basic meal with drink at inexpensive restaurant	$26.43 FKP19.83	$8.26 VEF82.44	-68.7%
Fast food combo meal McDonalds, or similar	??	$10.58 VEF105.56
Bottle of Coca-Cola (11 fl. oz)	$2.24 FKP1.68	$1.48 VEF14.77	-33.8%
Bottle of water (11 fl. oz)	$1.38 FKP1.04	$1.16 VEF11.58	-15.9%
Average			-59.1%

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of restaurants

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pay 41.0% less for groceries

	Falkland Islands (Islas Malvinas)	Venezuela
Bread 1 loaf	$3.03 FKP2.27	$1.88 VEF18.74	-38.0%
Local cheese (8 oz)	$1.46 FKP1.09	$3.24 VEF32.34	+122.6%
Milk (1 gallon)	$8.44 FKP6.33	$7.76 VEF77.39	-8.0%
Eggs 1 dozen	$7.09 FKP5.32	$2.87 VEF28.60	-59.6%
Boneless chicken breast (1 lb)	$4.32 FKP3.24	$3.13 VEF31.20	-27.6%
Apples (1 lb)	$4.25 FKP3.19	$2.15 VEF21.43	-49.5%
Bananas (1 lb)	$2.49 FKP1.87	$0.73 VEF7.27	-70.7%
Oranges (1 lb)	$4.79 FKP3.59	$0.76 VEF7.63	-84.0%
Tomatoes (1 lb)	$3.66 FKP2.74	$0.90 VEF8.99	-75.4%
Potatoes (1 lb)	$1.44 FKP1.08	$0.86 VEF8.62	-40.0%
Onions (1 lb)	$0.33 FKP0.25	$0.77 VEF7.67	+132.9%
Average			-41.0%

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of groceries

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pay 64.8% less for transportation

	Falkland Islands (Islas Malvinas)	Venezuela
Gasoline (1 gallon)	$7.16 FKP5.37	$2.52 VEF25.12	-64.8%
Monthly public transit pass	??	$29.00 VEF289.26
New Volkswagen Golf 1.4 (standard edition)	??	$26,527.78 VEF265K
Taxi trip in downtown area (5 miles)	??	$20.23 VEF201.73
Average			-64.8%

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of transportation

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pay 87.5% less for housing

	Falkland Islands (Islas Malvinas)	Venezuela
Internet connection 50 mbps or faster, cable/dsl	$447.53 FKP335.78	$32.33 VEF322.49	-92.8%
1-Bedroom apartment in downtown area	$1,453.58 FKP1,090.62	$229.92 VEF2,293.30	-84.2%
1-Bedroom apartment outside city center	$1,057.15 FKP793.18	$144.91 VEF1,445.38	-86.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$293.49 FKP220.20	$18.46 VEF184.16	-93.7%
Average			-87.5%

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of housing

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pay (unknown) more for childcare

	Falkland Islands (Islas Malvinas)	Venezuela
Private preschool for 1 child, monthly	??	$82.50 VEF822.90
Middle school for 1 child, two semesters	??	$4,042.86 VEF40,325.48

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of childcare

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pay 45.4% less for entertainment and sports

	Falkland Islands (Islas Malvinas)	Venezuela
Domestic/local beer (1 pint)	$4.16 FKP3.12	$1.60 VEF15.99	-61.5%
Cappuccino in mid-range area	$4.20 FKP3.15	$2.49 VEF24.84	-40.6%
Pack of cigarettes Marlboro or similar	$16.11 FKP12.09	$2.91 VEF29.07	-81.9%
Monthly membership at local gym	$22.10 FKP16.58	$34.32 VEF342.37	+55.3%
Movie ticket to theater/cinema	$12.06 FKP9.05	$4.44 VEF44.33	-63.1%
Average			-45.4%

Falkland Islands (Islas Malvinas) vs. Venezuela - Cost of entertainment and sports

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pay 47.3% less for clothing

	Falkland Islands (Islas Malvinas)	Venezuela
Regular jeans Levi's brand	$112.32 FKP84.28	$48.42 VEF482.92	-56.9%
Regular dress from H&M or similar store	$92.50 FKP69.40	$42.47 VEF423.65	-54.1%
Running shoes Nike or Adidas	$158.57 FKP118.98	$85.14 VEF849.19	-46.3%
Men's business shoes (leather)	$105.71 FKP79.32	$76.63 VEF764.38	-27.5%
Average			-47.3%

Falkland Islands (Islas Malvinas) 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

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