Cost of living comparison

compared to

South Korea vs. Venezuela Cost of Living Summary

South Korea is 2.1 times more expensive than Venezuela overall.

Restaurants: pay 14.8% less in South Korea
Groceries: pay 85.3% more in South Korea
Transportation: pay 34.0% more in South Korea
Housing: pay 3.7 times more in South Korea
Childcare: pay 4.2 times more in South Korea
Entertainment and Sports: pay 66.9% more in South Korea
Clothing: pay 30.0% more in South Korea

The cost of childcare, housing, groceries, entertainment and sports, transportation, and clothing in South Korea are more expensive than in Venezuela. Notably, childcare, housing, and groceries are significantly more expensive in South Korea.

South Korea vs. Venezuela Cost Breakdown

If you lived in South Korea instead of Venezuela, you would:

Display currency: USD

pay 14.8% less for restaurants

	Venezuela	South Korea
Basic meal with drink at inexpensive restaurant	$8.27 VEF82.48	$6.72 ₩9,865	-18.7%
Fast food combo meal McDonalds, or similar	$9.58 VEF95.53	$5.50 ₩8,068	-42.6%
Bottle of Coca-Cola (11 fl. oz)	$1.21 VEF12.05	$1.47 ₩2,152	+21.4%
Bottle of water (11 fl. oz)	$1.02 VEF10.20	$0.82 ₩1,211	-19.4%
Average			-14.8%

Venezuela vs. South Korea - Cost of restaurants

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pay 85.3% more for groceries

	Venezuela	South Korea
Bread 1 loaf	$1.95 VEF19.46	$2.87 ₩4,217	+47.3%
Local cheese (8 oz)	$2.93 VEF29.24	$5.63 ₩8,255	+91.9%
Milk (1 gallon)	$7.15 VEF71.33	$7.67 ₩11,264	+7.3%
Eggs 1 dozen	$2.52 VEF25.18	$2.84 ₩4,162	+12.4%
Boneless chicken breast (1 lb)	$3.00 VEF29.96	$3.34 ₩4,896	+11.1%
Apples (1 lb)	$2.45 VEF24.44	$3.24 ₩4,748	+32.0%
Bananas (1 lb)	$0.63 VEF6.32	$1.39 ₩2,037	+119.0%
Oranges (1 lb)	$0.69 VEF6.92	$2.80 ₩4,104	+303.0%
Tomatoes (1 lb)	$0.90 VEF9.00	$2.40 ₩3,528	+166.4%
Potatoes (1 lb)	$0.86 VEF8.61	$1.78 ₩2,616	+106.6%
Onions (1 lb)	$0.85 VEF8.51	$1.20 ₩1,767	+41.1%
Average			+85.3%

Venezuela vs. South Korea - Cost of groceries

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pay 34.0% more for transportation

	Venezuela	South Korea
Gasoline (1 gallon)	$1.89 VEF18.88	$4.40 ₩6,458	+132.5%
Monthly public transit pass	$28.25 VEF281.77	$47.17 ₩69,233	+67.0%
New Volkswagen Golf 1.4 (standard edition)	$26,687.50 VEF266,194.50	$26,440.41 ₩38,804,738	-0.9%
Taxi trip in downtown area (5 miles)	$22.35 VEF222.88	$8.33 ₩12,228	-62.7%
Average			+34.0%

Venezuela vs. South Korea - Cost of transportation

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pay 3.7 times more for housing

	Venezuela	South Korea
Internet connection 50 mbps or faster, cable/dsl	$36.50 VEF364.02	$21.68 ₩31,824	-40.6%
1-Bedroom apartment in downtown area	$195.38 VEF1,948.84	$473.91 ₩695,518	+142.6%
1-Bedroom apartment outside city center	$132.78 VEF1,324.39	$357.19 ₩524,216	+169.0%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$14.35 VEF143.11	$132.53 ₩194,509	+823.7%
Average			+273.7%

Venezuela vs. South Korea - Cost of housing

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pay 4.2 times more for childcare

	Venezuela	South Korea
Private preschool for 1 child, monthly	$75.56 VEF753.63	$378.52 ₩555,533	+401.0%
Middle school for 1 child, two semesters	$4,352.50 VEF43,414.02	$15,055.40 ₩22,095,763	+245.9%
Average			+323.4%

Venezuela vs. South Korea - Cost of childcare

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pay 66.9% more for entertainment and sports

	Venezuela	South Korea
Domestic/local beer (1 pint)	$1.40 VEF13.97	$3.12 ₩4,576	+122.6%
Cappuccino in mid-range area	$2.20 VEF21.96	$3.57 ₩5,236	+62.1%
Pack of cigarettes Marlboro or similar	$3.51 VEF34.99	$3.18 ₩4,673	-9.2%
Monthly membership at local gym	$33.36 VEF332.70	$49.86 ₩73,176	+49.5%
Movie ticket to theater/cinema	$4.83 VEF48.21	$10.12 ₩14,850	+109.3%
Average			+66.9%

Venezuela vs. South Korea - Cost of entertainment and sports

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pay 30.0% more for clothing

	Venezuela	South Korea
Regular jeans Levi's brand	$43.83 VEF437.18	$66.46 ₩97,538	+51.6%
Regular dress from H&M or similar store	$37.95 VEF378.50	$50.68 ₩74,384	+33.6%
Running shoes Nike or Adidas	$73.01 VEF728.25	$72.74 ₩106,755	-0.4%
Men's business shoes (leather)	$76.30 VEF761.08	$103.23 ₩151,509	+35.3%
Average			+30.0%

Venezuela vs. South Korea - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2025

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