Cost of living in Venezuela, Latin America
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How much do Venezuelans spend on food?

Country Latin America Updated July 2026

At CostLivingโ€™s moderate tier, food runs $358 a month for a single person in Venezuela, about a quarter of the $1,400 monthly benchmark and unusually high relative to housing, which costs less ($291). That inversion is the Venezuelan food story in one line: imported, dollar-priced groceries in an economy where rents collapsed. For households earning in bolivars rather than dollars, the picture is starker, food regularly absorbs the majority of local incomes, which is why remittances from relatives abroad function as grocery money for a large share of families. What a food budget buys also varies wildly by channel: municipal markets and local produce stretch much further than the dollar-priced bodegones stocked with imported brands, where prices match or beat US shelves. A foreigner cooking mostly local ingredients can eat well inside the moderate tier; anyone recreating a US pantry will spend US money doing it. Context and full category breakdowns are on our Venezuela cost of living page.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

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