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Caracas, Venezuala

Will I save money living in Venezuela?

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We asked expats if they save money living in Venezuela. They said...

"Living in Venezuela can be significantly cheaper than living in the United States. The cost of living in Venezuela is much lower than in the United States, with basic necessities such as food, housing, and transportation costing significantly less. Additionally, wages in Venezuela are much lower than in the United States, meaning that the same amount of money can go much further in Venezuela. As a result, living in Venezuela can be a much more affordable option than living in the United States," explained one expat living in Venezuela.

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"Financially, I live very well because the $ has gone up 800% inflation is enormous," said another expat in Porlamar, Venezuela.

Other Questions:

Will I save money living in Venezuela?

If you live in Venezuela, newcomers to Venezuela would love to hear your answer to this question.

If your answer relates to a specific city or town in Venezuela, please include the name of the city/town below:


About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Caracas, Venezuala

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