Cost of living comparison
Venezuela is 18.3% cheaper than South Korea.
If you lived in Venezuela instead of South Korea, you would:
pay 28.0% more for restaurants
South Korea
|
Venezuela
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$6.13
₩8,447
|
$7.99
Bs79.74
|
|
Fast food combo meal
McDonalds, or similar
|
$5.18
₩7,137
|
$8.68
Bs86.60
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.41
₩1,938
|
$1.17
Bs11.71
|
|
Bottle of water (11 fl. oz) |
$0.67
₩930
|
$0.88
Bs8.79
|
|
pay 46.2% less for groceries
South Korea
|
Venezuela
|
||
---|---|---|---|
Bread
1 loaf
|
$2.74
₩3,780
|
$1.84
Bs18.31
|
|
Local cheese (8 oz) |
$8.12
₩11,189
|
$2.19
Bs21.84
|
|
Milk (1 gallon) |
$7.20
₩9,923
|
$6.36
Bs63.46
|
|
Eggs
1 dozen
|
$2.73
₩3,765
|
$2.09
Bs20.87
|
|
Boneless chicken breast (1 lb) |
$3.58
₩4,940
|
$2.45
Bs24.41
|
|
Apples (1 lb) |
$2.90
₩3,991
|
$1.99
Bs19.86
|
|
Bananas (1 lb) |
$1.51
₩2,081
|
$0.46
Bs4.59
|
|
Oranges (1 lb) |
$2.66
₩3,668
|
$0.57
Bs5.65
|
|
Tomatoes (1 lb) |
$2.29
₩3,160
|
$0.70
Bs6.98
|
|
Potatoes (1 lb) |
$1.40
₩1,925
|
$0.56
Bs5.63
|
|
Onions (1 lb) |
$1.08
₩1,494
|
$0.79
Bs7.92
|
|
pay 28.2% more for transportation
South Korea
|
Venezuela
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.92
₩6,786
|
$1.90
Bs18.92
|
|
Monthly public transit pass |
$43.73
₩60,262
|
$37.75
Bs376.54
|
|
New Volkswagen Golf 1.4 (standard edition) |
$28,660.56
₩39,496,774
|
$31,166.67
Bs310,871.95
|
|
Taxi trip in downtown area (5 miles) |
$9.34
₩12,866
|
$26.10
Bs260.30
|
|
pay 26.5% less for housing
South Korea
|
Venezuela
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$21.09
₩29,063
|
$39.45
Bs393.53
|
|
1-Bedroom apartment in downtown area |
$392.42
₩540,792
|
$172.69
Bs1,722.45
|
|
1-Bedroom apartment outside city center |
$302.43
₩416,775
|
$151.81
Bs1,514.18
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.18
₩153,211
|
$14.14
Bs141.06
|
|
pay 71.0% less for childcare
South Korea
|
Venezuela
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$342.96
₩472,623
|
$61.35
Bs611.96
|
|
Middle school for 1 child, two semesters |
$18,987.50
₩26,166,449
|
$7,600.00
Bs75,806.21
|
|
pay 32.2% less for entertainment and sports
South Korea
|
Venezuela
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.92
₩4,022
|
$1.30
Bs12.94
|
|
Cappuccino in mid-range area |
$3.29
₩4,533
|
$1.61
Bs16.07
|
|
Pack of cigarettes
Marlboro or similar
|
$3.45
₩4,754
|
$3.77
Bs37.65
|
|
Monthly membership at local gym |
$44.03
₩60,673
|
$33.33
Bs332.45
|
|
Movie ticket to theater/cinema |
$8.93
₩12,300
|
$5.39
Bs53.75
|
|
pay 8.6% less for clothing
South Korea
|
Venezuela
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$48.44
₩66,758
|
$52.98
Bs528.42
|
|
Regular dress
from H&M or similar store
|
$44.60
₩61,461
|
$38.48
Bs383.83
|
|
Running shoes
Nike or Adidas
|
$75.46
₩103,986
|
$68.40
Bs682.30
|
|
Men's business shoes (leather) |
$91.03
₩125,453
|
$72.31
Bs721.21
|
|
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