Cost of living in Venezuela compared to Taiwan
Currency:
| Food | + 30% | |||
|---|---|---|---|---|
| Food in Venezuela is 30% more expensive than in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | US $22 (710 NT$) | 196 NT$ | + 263% | |
| Combo meal in fast food restaurant (big mac meal or similar) | US $11 (361 NT$) | 147 NT$ | + 145% | |
| 500 gr (1 lb.) of boneless chicken breast | US $3.24 (105 NT$) | 128 NT$ | - 18% | |
| 1 liter (1 qt.) of whole fat milk | US $2.18 (71 NT$) | 94 NT$ | - 25% | |
| 12 eggs, large | US $2.98 (96 NT$) | 122 NT$ | - 21% | |
| 1 kg (2 lb.) of tomatoes | US $1.90 (62 NT$) | 111 NT$ | - 45% | |
| 500 gr (16 oz.) of local cheese | US $3.14 (102 NT$) | 230 NT$ | - 56% | |
| 1 kg (2 lb.) of apples | US $5.31 (172 NT$) | 133 NT$ | + 29% | |
| 1 kg (2 lb.) of potatoes | US $2.26 (73 NT$) | 95 NT$ | - 23% | |
| 0.5 l (16 oz) domestic beer in the supermarket | US $1.81 (59 NT$) | 49 NT$ | + 21% | |
| 1 bottle of red table wine, good quality | US $11 (366 NT$) | 436 NT$ | - 16% | |
| 2 liters of coca-cola | US $2.41 (78 NT$) | 61 NT$ | + 29% | |
| Bread for 2 people for 1 day | US $1.23 (40 NT$) | 55 NT$ | - 27% | |
| Housing | - 31% | |||
| Housing in Venezuela is 31% cheaper than in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | US $789 (25,522 NT$) | 46,160 NT$ | - 45% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | US $405 (13,092 NT$) | 28,930 NT$ | - 55% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | US $43 (1,403 NT$) | 1,512 NT$ | - 7% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | US $492 (15,911 NT$) | 18,869 NT$ | - 16% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | US $319 (10,325 NT$) | 13,302 NT$ | - 22% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | US $40 (1,298 NT$) | 5,598 NT$ | - 77% | |
| Internet 8 mbps (1 month) | US $27 (885 NT$) | 753 NT$ | + 18% | |
| 40” flat screen tv | US $256 (8,289 NT$) | 14,757 NT$ | - 44% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | US $134 (4,339 NT$) | 1,650 NT$ | + 163% | |
| Laundry detergent (3 l. ~ 100 oz.) | US $8 (270 NT$) | 99 NT$ | + 173% | |
| Hourly rate for cleaning help | US $10 (316 NT$) | 572 NT$ | - 45% | |
| Clothes | - 3% | |||
| Clothes in Venezuela is about the same as in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| 1 pair of jeans (levis 501 or similar) | US $53 (1,702 NT$) | 2,350 NT$ | - 28% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | US $29 (953 NT$) | 972 NT$ | - 2% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | US $108 (3,489 NT$) | 1,745 NT$ | + 100% | |
| 1 pair of men’s leather business shoes | US $93 (2,999 NT$) | 3,514 NT$ | - 15% | |
| Transportation | - 24% | |||
| Transportation in Venezuela is 24% cheaper than in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | US $25,846 (836,008 NT$) | 917,519 NT$ | - 9% | |
| 1 liter (1/4 gallon) of gas | US $0.53 (17 NT$) | 31 NT$ | - 45% | |
| Monthly ticket public transport | US $28 (917 NT$) | 1,292 NT$ | - 29% | |
| Personal Care | - 12% | |||
| Personal Care in Venezuela is 12% cheaper than in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | US $4.55 (147 NT$) | 244 NT$ | - 40% | |
| 1 box of antibiotics (12 doses) | US $11 (366 NT$) | 244 NT$ | + 50% | |
| Short visit to private doctor (15 minutes) | US $37 (1,185 NT$) | 699 NT$ | + 70% | |
| 1 box of 32 tampons (tampax, ob, ...) | US $4.92 (159 NT$) | 199 NT$ | - 20% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | US $4.77 (154 NT$) | 183 NT$ | - 16% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | US $4.71 (152 NT$) | 289 NT$ | - 47% | |
| 4 rolls of toilet paper | US $2.85 (92 NT$) | 100 NT$ | - 8% | |
| Tube of toothpaste | US $2.32 (75 NT$) | 69 NT$ | + 9% | |
| Standard men's haircut in expat area of the city | US $14 (459 NT$) | 800 NT$ | - 43% | |
| Entertainment | + 9% | |||
| Entertainment in Venezuela is 9% more expensive than in Taiwan | ||||
| Venezuela | Taiwan | Diff | ||
| Basic dinner out for two in neighborhood pub | US $21 (686 NT$) | 500 NT$ | + 37% | |
| 2 tickets to the movies | US $8 (247 NT$) | 644 NT$ | - 62% | |
| 2 tickets to the theater (best available seats) | US $55 (1,790 NT$) | 6,000 NT$ | - 70% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | US $36 (1,156 NT$) | 1,243 NT$ | - 7% | |
| 1 cocktail drink in downtown club | US $7 (236 NT$) | 402 NT$ | - 41% | |
| Cappuccino in expat area of the city | US $4.01 (130 NT$) | 104 NT$ | + 24% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | US $1.62 (52 NT$) | 74 NT$ | - 29% | |
| Ipad wi-fi 128gb | US $751 (24,302 NT$) | 8,016 NT$ | + 203% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | US $0.18 (5.87 NT$) | 5.05 NT$ | + 16% | |
| 1 month of gym membership in business district | US $48 (1,561 NT$) | 1,192 NT$ | + 31% | |
| 1 package of marlboro cigarettes | US $3.16 (102 NT$) | 128 NT$ | - 20% | |
| TOTAL | - 8% | |||
These prices were last updated on October 03, 2023.
Exchange rate:
32.346
TWD
/
USD
This comparison is based on abundant and consistent data. It is based on 3,181 prices entered by 256 different people.
Cost of living in Venezuela is 8% cheaper than in Taiwan
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