Priced in dollars, which is how daily life effectively works now: CostLiving tracks Venezuela at $840 a month on a tight budget, $1,400 at the moderate tier, and $2,170 for a comfortable single-person lifestyle. Caracas runs above the national figure at $1,775 a month moderate. Housing is the bargain line, around $291 a month at the moderate tier, a legacy of years of emigration leaving supply behind. Food is the expensive line relative to everything else, $358 a month, because so much is imported and dollar-priced. Two practical realities shape any foreignerโs budget: the economy runs on cash dollars and informal exchange in ways that take adjusting to, and services that are cheap on paper (utilities, transport) come with reliability trade-offs, so most expats budget for backups, from water storage to generator access. Anyone weighing it against neighbours should note Colombiaโs moderate benchmark of $1,175 buys more stability per dollar. Full figures on our Venezuela cost of living page.
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How much does it cost to live in Venezuela?
Country Latin America
Updated July 2026