Chile

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Chile vs

Venezuela

Overall verdict

Chile is about 8.16× Venezuela.

Average across 3 categories, 7 items with data

The shape of prices (vs Venezuela = 1×)

How to read this

The centre line is Venezuela. A bar running right means Chile is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

Venezuela Venezuela = 1×

Chile is pricier →

⛽ Transport 2 items

×122.70
⚡ Utilities 1 item

×3.30
🍔 Food & Dining 1 item

×1.34

Thin bar shows the range (cheapest to priciest item in the category)

In Chile, Diesel 1L costs 334.8× what it does in Venezuela — but Big Mac costs only 1.3×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×334.75

Chile VES 453.55 USD 1.339

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×44.97

Chile VES 533.15 USD 1.574

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×3.30

Chile VES 77.23 USD 0.228

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.34

Chile VES 1,836 CLP 4,790

Venezuela VES 1,370 VES 1,370

Observed 2026-01-01 · The Economist Big Mac Index