Cost of living comparison

Venezuela

compared to

Taiwan

Taiwan vs. Venezuela Cost of Living Summary

Taiwan is 46.6% more expensive than Venezuela overall.

Restaurants: pay 48.4% less in Taiwan
Groceries: pay 35.7% more in Taiwan
Transportation: pay 18.7% more in Taiwan
Housing: pay 2.1 times more in Taiwan
Childcare: pay 5.3 times more in Taiwan
Entertainment and Sports: pay 36.4% more in Taiwan
Clothing: pay 2.0% more in Taiwan

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

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Taiwan vs. Venezuela Cost Breakdown

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

Display currency: USD

pay 48.4% less for restaurants

	Venezuela	Taiwan
Basic meal with drink at inexpensive restaurant	$8.26 VEF82.44	$4.28 NT$136.94	-48.2%
Fast food combo meal McDonalds, or similar	$10.58 VEF105.56	$4.99 NT$159.58	-52.8%
Bottle of Coca-Cola (11 fl. oz)	$1.48 VEF14.77	$0.95 NT$30.41	-35.8%
Bottle of water (11 fl. oz)	$1.16 VEF11.58	$0.65 NT$20.68	-44.3%
Average			-48.4%

Venezuela vs. Taiwan - Cost of restaurants

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pay 35.7% more for groceries

	Venezuela	Taiwan
Bread 1 loaf	$1.88 VEF18.74	$1.74 NT$55.75	-7.2%
Local cheese (8 oz)	$3.24 VEF32.34	$10.75 NT$343.72	+231.7%
Milk (1 gallon)	$7.76 VEF77.39	$11.29 NT$360.84	+45.5%
Eggs 1 dozen	$2.87 VEF28.60	$2.49 NT$79.71	-13.0%
Boneless chicken breast (1 lb)	$3.13 VEF31.20	$3.71 NT$118.68	+18.7%
Apples (1 lb)	$2.15 VEF21.43	$1.94 NT$61.93	-9.8%
Bananas (1 lb)	$0.73 VEF7.27	$1.13 NT$36.09	+54.8%
Oranges (1 lb)	$0.76 VEF7.63	$1.36 NT$43.50	+78.0%
Tomatoes (1 lb)	$0.90 VEF8.99	$1.45 NT$46.48	+61.3%
Potatoes (1 lb)	$0.86 VEF8.62	$1.07 NT$34.32	+24.2%
Onions (1 lb)	$0.77 VEF7.67	$0.96 NT$30.56	+24.3%
Average			+35.7%

Venezuela vs. Taiwan - Cost of groceries

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pay 18.7% more for transportation

	Venezuela	Taiwan
Gasoline (1 gallon)	$2.52 VEF25.12	$3.85 NT$123.03	+52.9%
Monthly public transit pass	$29.00 VEF289.26	$34.67 NT$1,108.01	+19.5%
New Volkswagen Golf 1.4 (standard edition)	$26,527.78 VEF265K	$32,963.14 NT$1M	+24.3%
Taxi trip in downtown area (5 miles)	$20.23 VEF201.73	$8.50 NT$271.68	-58.0%
Average			+18.7%

Venezuela vs. Taiwan - Cost of transportation

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pay 2.1 times more for housing

	Venezuela	Taiwan
Internet connection 50 mbps or faster, cable/dsl	$32.33 VEF322.49	$21.08 NT$673.70	-34.8%
1-Bedroom apartment in downtown area	$229.92 VEF2,293.30	$462.93 NT$14,796.00	+101.3%
1-Bedroom apartment outside city center	$144.91 VEF1,445.38	$291.17 NT$9,306.13	+100.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$18.46 VEF184.16	$62.73 NT$2,004.80	+239.7%
Average			+105.7%

Venezuela vs. Taiwan - Cost of housing

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pay 5.3 times more for childcare

	Venezuela	Taiwan
Private preschool for 1 child, monthly	$82.50 VEF822.90	$537.84 NT$17,189.98	+551.9%
Middle school for 1 child, two semesters	$4,042.86 VEF40,325.48	$17,498.18 NT$559K	+332.8%
Average			+431.2%

Venezuela vs. Taiwan - Cost of childcare

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pay 36.4% more for entertainment and sports

	Venezuela	Taiwan
Domestic/local beer (1 pint)	$1.60 VEF15.99	$1.82 NT$58.32	+13.9%
Cappuccino in mid-range area	$2.49 VEF24.84	$2.83 NT$90.51	+13.7%
Pack of cigarettes Marlboro or similar	$2.91 VEF29.07	$4.03 NT$128.75	+38.2%
Monthly membership at local gym	$34.32 VEF342.37	$37.82 NT$1,208.82	+10.2%
Movie ticket to theater/cinema	$4.44 VEF44.33	$9.97 NT$318.70	+124.4%
Average			+36.4%

Venezuela vs. Taiwan - Cost of entertainment and sports

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pay 2.0% more for clothing

	Venezuela	Taiwan
Regular jeans Levi's brand	$48.42 VEF482.92	$60.97 NT$1,948.76	+25.9%
Regular dress from H&M or similar store	$42.47 VEF423.65	$32.64 NT$1,043.09	-23.2%
Running shoes Nike or Adidas	$85.14 VEF849.19	$78.55 NT$2,510.61	-7.7%
Men's business shoes (leather)	$76.63 VEF764.38	$92.75 NT$2,964.27	+21.0%
Average			+2.0%

Venezuela vs. Taiwan - 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: Venezuela vs. Taiwan

Salary Calculator · Free tool

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Quality of Life Comparison · 6 statistics

Be 95.5% less likely to live below the poverty line in Taiwan

Size Comparison · See true size

Venezuela is about 25 times bigger than Taiwan.

Moving from Venezuela to Taiwan · Cost, visas & climate

Compare cost of living, salary and climate.

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