Verified Facts

Official NameBolivarian Republic of Venezuela
CapitalCaracas
Population28.5 million
Area916,445 km² (353,841 sq mi)
LanguagesSpanish
CurrencyVenezuelan bolívar soberano (Bs.S.)
TimezoneUTC-04:00
RegionAmericas / South America
Drives onRight
Source: REST Countries API

Economic Indicators

Health Spend per Capita$186 (2023)
Out-of-Pocket Health Spend29.7% (2023)
Education Spend (% GDP)0.0% (2023)
Source: World Bank Open Data

The cost of utilities and internet in Venezuela can vary significantly, with a monthly utilities bill for an 85 sqm apartment estimated to be around $50-$100 USD, while internet plans with 60 Mbps speed can cost between $20-$50 USD per month.

Quick Facts

Monthly Utilities (85 sqm apt)($75 USD)
Internet (60 Mbps)($30 USD/month)
Mobile Data (10GB)($15 USD/month)
Electricity Cost($0.10 per kWh)
CurrencyVES

Utility Costs Overview

Venezuela's utility infrastructure has faced significant challenges in recent years, with frequent power outages and water shortages affecting many parts of the country. The cost of utilities can fluctuate greatly depending on the region, with some areas experiencing more frequent outages and higher costs than others. Seasonal variation also plays a role, with higher electricity costs during the summer months when air conditioning usage increases.

The Venezuelan government has implemented various measures to manage utility costs, including subsidies and price controls. However, these measures have not always been effective, and the cost of utilities remains a significant burden for many households. Additionally, the country's economic crisis has led to a decline in the quality of utility services, with many residents experiencing frequent power outages and water shortages.

Monthly Utility Bills

UtilitySmall Apt (45 sqm)Medium Apt (85 sqm)Large Apt (120 sqm)Notes
Electricity$20$30$40
Water$10$15$20
Gas / Heating$5$10$15
Garbage / Municipal$5$10$15(if separate)
Total$40$65$90

Internet & Phone Plans

ServiceMonthly Cost (USD)Speed / AllowanceProvider Examples
Fiber Internet (basic)$20-$3010 MbpsMovistar, Digitel
Fiber Internet (fast)$30-$5060 MbpsMovistar, Digitel
Mobile Data (prepaid)$10-$205 GBMovistar, Digitel
Mobile Data (postpaid)$20-$3010 GBMovistar, Digitel
Phone + Internet Bundle$40-$60variesMovistar, Digitel

Streaming & Digital Services

ServiceMonthly Cost (USD)Notes
Netflix (standard)$10
Spotify (premium)$10
Local Streaming$5(if applicable)

Utility Tips

  • To set up utilities in Venezuela, it is recommended to contact the local utility providers, such as Corpoelec for electricity and Hidrocapital for water, and provide the necessary documentation, including proof of address and identification.
  • Prepaid electricity plans are available, but they can be more expensive than postpaid plans, and it is recommended to opt for postpaid plans if possible.
  • The best internet providers in Venezuela are Movistar and Digitel, which offer a range of plans with different speeds and allowances.
  • To save on utility bills, it is recommended to use energy-efficient appliances, turn off lights and electronics when not in use, and use public transportation or walk/bike when possible.
  • It is also recommended to consider installing solar panels or other renewable energy sources to reduce dependence on the grid and lower electricity costs.
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