Cost of living

Daily Living Expenses
The minimum salary is 150,000 bolivares per month (US $ 210.94; 233.60 euros)
In 1999 the inflation rate was 20%.
The Lonely Planet Guide suggests a budget of between US $30-40 per day (food and accommodation) for a basic traveller (no luxuries).
To eat count on spending between US $ 3-7 per day (again basic meal); for something more comfortable count on spending between US $ 7-15, and US $15 is for a completely comfortable budget.
For accommodation, there can be US $10-25, then US $ 25-50 for something a little better, and for complete comfort starting from US $ 50.

Some common expenditures:
Accommodation (per month): for a place a little better than basic count on spending between 100,000 and 200,000 Bolivares (US $140.60; 155.73 Euros and US $281.25; 311.46 Euros).

Bus ticket: 150-200 Bolivares (US $ 0.21-0.28; 0.23 - 0.31 Euros)
Litre of petrol: 70-90 Bolivares (US $ 0.10 - 0.13; 0.11 - 0.14 Euros)
Hamburger: 2000 - 4000 Bolivares (US $2.81-6.63; 3.11 - 6.23 Euros)
Coca-Cola: 500 Bolivares (US $0.70; 0.78 Euros)
Coffee: starting from 350 Bolivares but can go up to triple this price ( starting US$ 0.49; 0.55 Euros)
Newspaper: 800 Bolivares (US $1.13; 1.25 Euros)
Cinema: starting from 3500 Bolivares (starting from US $ 4.92; 5.46 Euros)
Night-club: starting from 50,000 per person (US $ 70.37; 78 Euros)
Jeans: starting from 10,000 Bolivares in a popular shop and up to 6 or 8 times more expensive in a "chic" shop (starting from US $14.06; 15.60 Euros)