Moving to Venezuela from Iceland
What to Expect
A comprehensive look at what changes when you move from Iceland to Venezuela — from daily expenses to quality of life.
If you moved from Iceland to Venezuela, you would find that Venezuela is 63.0% cheaper than Iceland overall. A ISK9,423,000 salary in Iceland would need to be roughly VEF235,249 in Venezuela to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Caracas averages 86°F vs 45°F in Reykjavik, making it significantly warmer.
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How your spending power changes when you relocate from Iceland to Venezuela.
What does your salary buy?
ISK9,423,000 → VEF235,249
To maintain the same standard of living in Venezuela
Calculate with your salary →The biggest cost differences at a glance
Restaurants
pay 61.9% less
Groceries
pay 38.5% less
Transportation
pay 50.8% less
Housing
pay 81.0% less
Childcare
pay 81.6% less
Entertainment and Sports
pay 70.3% less
Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.
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Key Indicator Comparison
How Iceland and Venezuela stack up on safety, healthcare, jobs, and infrastructure.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Iceland performs better than Venezuela across all safety metrics.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
share of adults with obesity
per 100,000 people — a proxy for mental health support
Iceland generally does better on health & wellbeing, though Venezuela leads in healthcare spending per person.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Iceland generally does better on environment, though Venezuela leads in co₂ emissions per capita.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
share of households with internet
Iceland performs better than Venezuela across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
the highest marginal rate on personal income
share of people below the poverty line
Iceland generally does better on employment & economy, though Venezuela leads in top income tax rate.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
Iceland performs better than Venezuela across all family life metrics.
Data: Directorate of Internal Revenue, The World Factbook, United Nations SDG Indicators, World Bank
What's the Climate Like?
Monthly averages — select a city to compare.
Avg. annual high / low
Avg. annual high / low
| Months | Reykjavik | Caracas |
|---|---|---|
| Jan–Mar | 37°/28°F (3°/-2°C) | 87°/58°F (31°/14°C) |
| Apr–Jun | 48°/38°F (9°/4°C) | 88°/64°F (31°/18°C) |
| Jul–Sep | 54°/45°F (12°/7°C) | 86°/62°F (30°/17°C) |
| Oct–Dec | 39°/31°F (4°/-1°C) | 84°/60°F (29°/15°C) |
View all months
| Month | Reykjavik | Caracas |
|---|---|---|
| Jan | 35°/27°F (1.9°/-3.0°C) | 84°/56°F (29.0°/13.1°C) |
| Feb | 37°/28°F (2.8°/-2.1°C) | 88°/58°F (31.0°/14.5°C) |
| Mar | 38°/28°F (3.2°/-2.0°C) | 89°/60°F (31.7°/15.3°C) |
| Apr | 42°/33°F (5.7°/0.4°C) | 88°/61°F (31.1°/16.2°C) |
| May | 49°/38°F (9.4°/3.6°C) | 89°/65°F (31.8°/18.2°C) |
| Jun | 53°/44°F (11.7°/6.7°C) | 87°/65°F (30.3°/18.1°C) |
| Jul | 56°/47°F (13.3°/8.3°C) | 88°/62°F (31.0°/16.9°C) |
| Aug | 55°/46°F (13.0°/7.9°C) | 85°/62°F (29.3°/16.6°C) |
| Sep | 50°/41°F (10.1°/5.0°C) | 86°/62°F (30.1°/16.8°C) |
| Oct | 44°/36°F (6.8°/2.2°C) | 85°/62°F (29.7°/16.4°C) |
| Nov | 38°/30°F (3.4°/-1.3°C) | 85°/60°F (29.6°/15.7°C) |
| Dec | 36°/27°F (2.2°/-2.8°C) | 83°/58°F (28.4°/14.2°C) |
Data:
Icelandic Meteorological Office,
Instituto Nacional de Meteorología e Hidrología (INAMEH)
Visitor Visa Requirements
Short-stay tourist visa rules between Iceland and Venezuela. To live, work, or study long-term in Venezuela, you'll need a separate residence or work visa — check Venezuela's immigration authority.
Iceland passport holder visiting Venezuela
Visa Free
Venezuela passport holder visiting Iceland
Visa FreeData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Venezuela than Iceland?
Generally yes: Venezuela runs about 69% cheaper than Iceland on average, though it depends heavily on the city.
How much money do I need to move to Venezuela?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ISK9,423,000 comparable salary, that's around VEF58,812 in Venezuela for everyday spending, before flights, shipping, a rental deposit, and visa fees.
Can I work remotely from Venezuela?
With 9.6 fixed broadband subscriptions per 100 people, Venezuela can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Iceland and Venezuela.
Is Venezuela safe for expats?
Iceland performs better than Venezuela across all safety metrics. The homicide rate in Venezuela is 12.6 per 100,000 people, compared to 1.1 in Iceland.
How is healthcare in Venezuela compared to Iceland?
Iceland generally does better on health & wellbeing, though Venezuela leads in healthcare spending per person. There are 16.6 doctors per 10,000 people in Venezuela, compared to 45.2 in Iceland. Venezuela scores 75 on the WHO universal health coverage index (Iceland: 89).
What's the weather like in Venezuela compared to Iceland?
The average high temperature in Caracas is 86°F, compared to 45°F in Reykjavik. Caracas receives around 35.9 in of rainfall per year, while Reykjavik gets 31.4 in.
What language do they speak in Venezuela?
The official language in Venezuela is Spanish. In Iceland, the official language is Icelandic.
