Venezuela

Compared with Argentina, using real observed prices.

Baseline: Argentina = 1×

Venezuela vs

Argentina

Overall verdict

Venezuela is about 0.17× Argentina.

Average across 3 categories, 4 items with data

The shape of prices (vs Argentina = 1×)

How to read this

The centre line is Argentina. A bar running right means Venezuela 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

Argentina Argentina = 1×

Venezuela is pricier →

⚡ Utilities 1 item

×0.79
🍔 Food & Dining 1 item

×0.73
⛽ Transport 2 items

×0.01

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

In Venezuela, Electricity 1kWh (household) costs 0.8× what it does in Argentina — but Diesel 1L costs only 0.0×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Electricity 1kWh (household) 1 kWh ×0.79

Venezuela ARS 99.76 USD 0.069

Argentina ARS 125.78 USD 0.087

Observed 2026-04-01 · GlobalPetrolPrices.com
Big Mac 1 burger ×0.73

Venezuela ARS 5,847 VES 1,370

Argentina ARS 8,000 ARS 8,000

Observed 2026-01-01 · The Economist Big Mac Index
Gasoline 1L 1 L ×0.02

Venezuela ARS 50.60 USD 0.035

Argentina ARS 2,079 USD 1.438

Observed 2026-07-20 · GlobalPetrolPrices.com
Diesel 1L 1 L ×0.00

Venezuela ARS 5.78 USD 0.004

Argentina ARS 2,258 USD 1.562

Observed 2026-07-20 · GlobalPetrolPrices.com