Cost of living comparison

Taiwan

compared to

Venezuela

Venezuela vs. Taiwan Cost of Living Summary

Venezuela is 31.8% cheaper than Taiwan overall.

Restaurants: pay 93.7% more in Venezuela
Groceries: pay 26.3% less in Venezuela
Transportation: pay 15.8% less in Venezuela
Housing: pay 51.4% less in Venezuela
Childcare: pay 81.2% less in Venezuela
Entertainment and Sports: pay 26.7% less in Venezuela
Clothing: pay 1.9% less in Venezuela

Expenses including childcare, housing, entertainment and sports, groceries, transportation, and clothing are lower in Venezuela. Notably, restaurants is significantly more expensive in Venezuela.

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Venezuela vs. Taiwan Cost Breakdown

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

Display currency: USD

pay 93.7% more for restaurants

	Taiwan	Venezuela
Basic meal with drink at inexpensive restaurant	$4.28 NT$136.94	$8.26 VEF82.44	+92.9%
Fast food combo meal McDonalds, or similar	$4.99 NT$159.58	$10.58 VEF105.56	+112.0%
Bottle of Coca-Cola (11 fl. oz)	$0.95 NT$30.41	$1.48 VEF14.77	+55.7%
Bottle of water (11 fl. oz)	$0.65 NT$20.68	$1.16 VEF11.58	+79.4%
Average			+93.7%

Taiwan vs. Venezuela - Cost of restaurants

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pay 26.3% less for groceries

	Taiwan	Venezuela
Bread 1 loaf	$1.74 NT$55.75	$1.88 VEF18.74	+7.7%
Local cheese (8 oz)	$10.75 NT$343.72	$3.24 VEF32.34	-69.9%
Milk (1 gallon)	$11.29 NT$360.84	$7.76 VEF77.39	-31.3%
Eggs 1 dozen	$2.49 NT$79.71	$2.87 VEF28.60	+15.0%
Boneless chicken breast (1 lb)	$3.71 NT$118.68	$3.13 VEF31.20	-15.8%
Apples (1 lb)	$1.94 NT$61.93	$2.15 VEF21.43	+10.9%
Bananas (1 lb)	$1.13 NT$36.09	$0.73 VEF7.27	-35.4%
Oranges (1 lb)	$1.36 NT$43.50	$0.76 VEF7.63	-43.8%
Tomatoes (1 lb)	$1.45 NT$46.48	$0.90 VEF8.99	-38.0%
Potatoes (1 lb)	$1.07 NT$34.32	$0.86 VEF8.62	-19.5%
Onions (1 lb)	$0.96 NT$30.56	$0.77 VEF7.67	-19.5%
Average			-26.3%

Taiwan vs. Venezuela - Cost of groceries

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pay 15.8% less for transportation

	Taiwan	Venezuela
Gasoline (1 gallon)	$3.85 NT$123.03	$2.52 VEF25.12	-34.6%
Monthly public transit pass	$34.67 NT$1,108.01	$29.00 VEF289.26	-16.3%
New Volkswagen Golf 1.4 (standard edition)	$32,963.14 NT$1M	$26,527.78 VEF265K	-19.5%
Taxi trip in downtown area (5 miles)	$8.50 NT$271.68	$20.23 VEF201.73	+137.9%
Average			-15.8%

Taiwan vs. Venezuela - Cost of transportation

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pay 51.4% less for housing

	Taiwan	Venezuela
Internet connection 50 mbps or faster, cable/dsl	$21.08 NT$673.70	$32.33 VEF322.49	+53.4%
1-Bedroom apartment in downtown area	$462.93 NT$14,796.00	$229.92 VEF2,293.30	-50.3%
1-Bedroom apartment outside city center	$291.17 NT$9,306.13	$144.91 VEF1,445.38	-50.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$62.73 NT$2,004.80	$18.46 VEF184.16	-70.6%
Average			-51.4%

Taiwan vs. Venezuela - Cost of housing

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pay 81.2% less for childcare

	Taiwan	Venezuela
Private preschool for 1 child, monthly	$537.84 NT$17,189.98	$82.50 VEF822.90	-84.7%
Middle school for 1 child, two semesters	$17,498.18 NT$559K	$4,042.86 VEF40,325.48	-76.9%
Average			-81.2%

Taiwan vs. Venezuela - Cost of childcare

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pay 26.7% less for entertainment and sports

	Taiwan	Venezuela
Domestic/local beer (1 pint)	$1.82 NT$58.32	$1.60 VEF15.99	-12.2%
Cappuccino in mid-range area	$2.83 NT$90.51	$2.49 VEF24.84	-12.1%
Pack of cigarettes Marlboro or similar	$4.03 NT$128.75	$2.91 VEF29.07	-27.7%
Monthly membership at local gym	$37.82 NT$1,208.82	$34.32 VEF342.37	-9.2%
Movie ticket to theater/cinema	$9.97 NT$318.70	$4.44 VEF44.33	-55.4%
Average			-26.7%

Taiwan vs. Venezuela - Cost of entertainment and sports

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pay 1.9% less for clothing

	Taiwan	Venezuela
Regular jeans Levi's brand	$60.97 NT$1,948.76	$48.42 VEF482.92	-20.6%
Regular dress from H&M or similar store	$32.64 NT$1,043.09	$42.47 VEF423.65	+30.1%
Running shoes Nike or Adidas	$78.55 NT$2,510.61	$85.14 VEF849.19	+8.4%
Men's business shoes (leather)	$92.75 NT$2,964.27	$76.63 VEF764.38	-17.4%
Average			-1.9%

Taiwan 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: Taiwan vs. Venezuela

Salary Calculator · Free tool

What salary would you need in Venezuela?

Quality of Life Comparison · 6 statistics

Be 22.1 times more likely to live below the poverty line in Venezuela

Size Comparison · See true size

Taiwan is about 25 times smaller than Venezuela.

Moving from Taiwan to Venezuela · Cost, visas & climate

Compare cost of living, salary and climate.

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