Venezuela

Compared with Mexico, using real observed prices.

Baseline: Mexico = 1×

Venezuela vs

Mexico

Overall verdict

Venezuela is about 0.15× Mexico.

Average across 3 categories, 4 items with data

The shape of prices (vs Mexico = 1×)

How to read this

The centre line is Mexico. 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

Mexico Mexico = 1×

Venezuela is pricier →

🍔 Food & Dining 1 item

×0.66
⚡ Utilities 1 item

×0.63
⛽ Transport 2 items

×0.01

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

In Venezuela, Big Mac costs 0.7× what it does in Mexico — but Diesel 1L costs only 0.0×. What is expensive here is labour, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Big Mac 1 burger ×0.66

Venezuela MX$71.49 VES 1,370

Mexico MX$109.00 MXN 109

Observed 2026-01-01 · The Economist Big Mac Index
Electricity 1kWh (household) 1 kWh ×0.63

Venezuela MX$1.23 USD 0.069

Mexico MX$1.95 USD 0.109

Observed 2026-04-01 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.02

Venezuela MX$0.61 USD 0.035

Mexico MX$28.48 USD 1.624

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

Venezuela MX$0.07 USD 0.004

Mexico MX$27.11 USD 1.546

Observed 2026-07-20 · GlobalPetrolPrices.com