Cost of Living in Venezuela 2026 — Rent, Food, Tax & BudgetAll figures are shown in EUR for comparability. The local currency of Venezuela is the Venezuelan bolívar soberano (VES).
Monthly Living Costs in Venezuela
Average prices from our cost dataset, re-checked on a rolling basis:
1BR Rent
per month, city average
3BR Rent
per month, city average
Groceries
per month, single person
Transport
per month, public transit pass
Utilities
per month, basic apartment
Meal Out
typical price per meal
Monthly budget (single person): €197 (1-bedroom rent + groceries + transport + utilities)
Monthly budget (couple): €264 (shared 1-bedroom rent, two of everything else)
These are national averages — actual costs vary by city and lifestyle.
How Expensive Is Venezuela Overall?
| Indicator | Value |
|---|---|
| Cost-of-living index (market data; higher = more expensive) | 9.7 |
| Rent index | 7.1 |
| Groceries index | 42.2 |
| Restaurant price index | 40.7 |
| Local purchasing-power index (higher = stronger) | 17.4 |
| Property price-to-income ratio | 15.1 |
Salaries by Sector
Typical gross annual salaries in Venezuela from our sector dataset:
| Sector | Typical gross annual (EUR) |
|---|---|
| IT & Software | €18,000 |
| Finance | €8,000 |
| Engineering | €6,500 |
| Construction | €6,000 |
| Healthcare | €5,000 |
| Education | €4,000 |
| Retail | €3,000 |
| Hospitality | €3,000 |
Taxes in Venezuela
Headline tax figures that shape your take-home pay:
| Tax | Rate / amount |
|---|---|
| Effective income tax at €90k gross | 6% |
| Net monthly pay at €90k gross | €6,267 |
| VAT / sales tax | 16% |
| Top personal income-tax rate | 34% |
Worked example: on a €90,000 gross salary, net pay is about €6,267 per month. After rent and essentials (€197), roughly €6,070 per month is left for savings and discretionary spending.
How Venezuela Compares to Its Neighbours
| Country | 1BR Rent | Groceries | Transport | Cost index |
|---|---|---|---|---|
| Venezuela | €85 | €65 | €2 | 9.7 |
| Brazil | €450 | €180 | €65 | 51.6 |
| Colombia | €450 | €180 | €35 | 41.9 |
| Guyana | €820 | €250 | €16 | 46.3 |
Quality of Life Metrics
Beyond cost, these factors shape everyday life in Venezuela:
Safety index
Healthcare index
Internet speed
English proficiency
Life expectancy
Expat satisfaction
What It Costs to Get In: Visas & Residence
We track 8 residence and visa routes for Venezuela — see the full Venezuela visa programme list.
Lowest documented income requirement among tracked routes: €1,200 per month — Visa de Transeúnte Rentista (TR-RE) (retirement route). Requirements change; always confirm on the official page before applying.
Our engine estimates a minimum financial viability of €197 per month to sustain a move to Venezuela.
Frequently Asked Questions
Is Venezuela expensive?
Venezuela has a cost-of-living index of 9.7 (higher = more expensive). A 1-bedroom apartment averages €85 per month and a single person spends about €197 per month on rent plus essentials.
How much money do I need per month in Venezuela?
About €197 per month covers rent and essentials for a single person (1-bedroom rent + groceries + transport + utilities). A couple sharing a 1-bedroom apartment needs about €264 per month.
What is the average rent in Venezuela?
A 1-bedroom apartment averages €85 per month and a 3-bedroom apartment averages €180 per month in Venezuela. Prices vary significantly between city centres and smaller towns.
What do people earn in Venezuela?
Typical gross annual salaries in Venezuela range from €3,000 (Hospitality) to €18,000 (IT & Software), based on our sector dataset.
Which residence route has the lowest income requirement for Venezuela?
Among the 8 Venezuela residence routes we track, the lowest documented income requirement is €1,200 per month (Visa de Transeúnte Rentista (TR-RE)). Requirements change; always confirm on the official page before applying.
Ready for the next step? See the full Venezuela country profile and the Venezuela emigration guide.
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