Mexico

Compared with Venezuela, using real observed prices.

Baseline: Venezuela = 1×

Mexico vs

Venezuela

Overall verdict

Mexico is about 6.86× 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 Mexico 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×

Mexico is pricier →

⛽ Transport 2 items

×133.92
⚡ Utilities 1 item

×1.58
🍔 Food & Dining 1 item

×1.52

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

In Mexico, Diesel 1L costs 386.5× what it does in Venezuela — but Big Mac costs only 1.5×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×386.50

Mexico VES 523.67 USD 1.546

Venezuela VES 1.35 USD 0.004

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×46.40

Mexico VES 550.09 USD 1.624

Venezuela VES 11.86 USD 0.035

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×1.58

Mexico VES 36.92 USD 0.109

Venezuela VES 23.37 USD 0.069

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×1.52

Mexico VES 2,089 MXN 109

Venezuela VES 1,370 VES 1,370

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