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I wanted to compare the prices of some foodstuffs between Venezuela and Peru to see how much the difference is in the basic food basket. I'll start with a purchase made on April 27th. The total amount was 9,400.49 Bs, which at that time was equivalent to $111.35.
I've been trying to post this for three days, but the power keeps going out every two hours, then stays out for an hour and then goes back on. So the following list shows the prices in dollars as of yesterday, April 28th.
  • 1kg chicken breast 515 Bs/$5.99 🇻🇪 VS 🇵🇪 PEN 16.5/ $4.51
  • 1kg chicken thigh 300.52 Bs/$3.49 🇻🇪 VS 🇵🇪 PEN 14.5/ $3.96
  • 1kg steak 774.12 Bs/$9 🇻🇪 VS 🇵🇪 PEN 34/ $9.29
  • Chorizo ​​287.64 Bs/$3.31 🇻🇪 VS 🇵🇪 PEN 12.90/$3.52
  • 1kg yellow cheese 671.65 Bs/$7.81 🇻🇪 VS 🇵🇪 PEN 40/$10.93
  • 400g powdered milk 334.99 Bs/$3.88 🇻🇪 VS 🇵🇪 PEN 19/$5.19
  • 400g corn starch 237.56 Bs/$2.75 🇻🇪 VS 🇵🇪 PEN 9/$2.46
  • 200g Coffee Bs. 273.14/$3.16 🇻🇪 VS 🇵🇪 PEN 13.10/$3.58
  • 1.5 liters 7up Bs. 84.11/$0.98 🇻🇪 VS 🇵🇪 PEN 3/$0.82
  • 445g Mayonnaise Bs. 222.33/$2.57 🇻🇪 VS 🇵🇪 PEN 18/$4.92
  • 900ml Soybean Oil Bs. 279.85/$3.24 🇻🇪 VS 🇵🇪 PEN 7/$1.91
  • 1kg Margarine 410.84 Bs/ $4.75 🇻🇪 VS 🇵🇪 PEN 20/$5.46
  • Toilet paper 4 units 231.61 Bs/$2.69 🇻🇪 VS 🇵🇪 PEN 5/$1.37
  • 1 liter Coca cola 85.20 Bs/$0.98 🇻🇪 VS 🇵🇪 PEN 4/$1.09
Between yesterday and today there is basically no price difference.
I want to emphasize that I compared prices with the products listed on the invoice, which are from brands that are priced lower than the competition.
Through observation, I've noticed that the price difference for food isn't that high; it varies between some products, with some being more expensive to purchase in Peru and others in Venezuela. Now, if we focus on the wage gap between the two countries, holding a market for three people in Venezuela would be equivalent to using two minimum wages in their entirety, and there would still be a shortage of money (I emphasize that I'm focusing on minimum wages). Unlike in Peru, a market for three people would be the entire minimum wage. In both cases, this would cover food for a month.
Do you have any sense of how common it is to earn a minimum wage in each country?
For example, is it more common to earn minimum wage in Venezuela or Peru?
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But can you really compare those 2 countries ? as the polictic, infaltion, sanction, job offers, economy and etc ...are diferents
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I apologize because I should have given more context as to why I'm making these comparisons. I'm Venezuelan and have lived in Peru for many years. I returned to Venezuela and, in the process, I've been evaluating the cost of living here. Many people comment that product prices in Venezuela are much higher than in Peru (there are more than 2 million Venezuelans in Peru), and on the other hand, there are people who have returned to Venezuela and say that everything is "fine." So here I am, evaluating everything that's happening around me and realizing how much of a difference there is in product prices.
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what about job offers?
can you find all the products in the supermarket ?
what about petrol prize ?
sorry if so many questions, but just curious ;)
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Don't apologize for asking questions, on the contrary, for me it's great because this way I can focus on specific topics and look for the best answer. Even in my previous post I asked for questions #951745
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Give me a day to gather all the necessary information to answer you because right now I would tell you something very incomplete.
21 sats \ 1 reply \ @398ja 30 Apr
On a related note — I personally wouldn't touch the margarine, pringles, seed oil etc. I would rather pay a little bit more for real food, especially when resources are scarce, or alternatively, eat less...
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Of course, yes, you're absolutely right. Oil and margarine, in particular, are products that are consumed a lot here in Venezuela, so it's something I definitely need to mention. On the other hand, soda and chips like Pringles obviously don't belong in the basic food basket, but I took photos of those products to compare with those in Peru. I focused especially on my shopping list, which was just a few things for about 15 days, and that day we also bought some ingredients to make hamburgers at home, which is why soda was on the list. Now, for someone on a very tight budget, of course, soda and snacks shouldn't be a priority. They should focus solely on vegetables, mostly meat, and some carbohydrates like rice (that's what I do).
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How were you able to do it? First, what's your domicile country, second, did you actually travel from Peru to Venezuela just to get food items and compare their prices? That's a very funny one though cos the search engine would have easily helped you with that.
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I'm from Venezuela. I emigrated to Peru years ago, and after a long time, I returned to Venezuela to visit my family.
My idea to compare prices came about because some of my acquaintances who traveled from Peru to Venezuela commented that prices in Venezuela are three times more expensive than in Peru. While I'm here, I'm going to compare prices with those in Peru.
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are they from the same chain of supermarkets operating in both countries? if not, not sure what the value is in comparing two random shops. even within one country prices will vary.
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Yes, this comparison seems a bit random. I'll give you some context: I'm from Venezuela. I emigrated many years ago. When I left, prices were completely out of control. There was extreme scarcity, with people standing in long lines to buy a kilo of rice. The price of rationed food was basically zero. Other food was unavailable, and if you were lucky enough to find it at a grocery store, the prices were astronomical. The point is that there wasn't even a base price for any food. On top of that, hyperinflation has obviously made things worse. I emigrated to Peru, and for the past seven years, prices have been "stable." Obviously, there have been price increases, as in any country in recent years, but Peru in South America is currently the country with the most "stable" economy. I returned to Venezuela for a visit after many years. Some acquaintances who are Venezuelan and live in Peru mentioned, the times they were here, that prices here are very high compared to Peru. So yes, here I am visiting my family and at the same time keeping track of prices on everything that is purchased and then comparing it with the prices in Peru
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Thanks for sharing! What is good about many places in central or south america, is there are many people who grow food, or raise chickens so produce and things like that can be cheaper. Packaged food can be processed at scale, helping to reduce the price.
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In Peru, fruits and vegetables are quite cheap, especially in the provinces, including cheese, eggs, and chicken, just as you mention. In Venezuela, the situation is different because many have had their land expropriated and others have simply stopped producing. The only thing I know is that in the interior of the country, specifically in the plains, cheese is much cheaper since it's produced directly there.
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Put the prices in sats, cut the PEN and Bs.
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perfect
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Salary income must also be adjusted to daily needs.
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Peru is a gem in Latin America.
I have friends in Lima, the capital of Peru, and I have visited many times. Lima is beautiful, and despite security issues, it is very livable, and it's right next to the Ocean. If you like to surf it is a paradise, the food is incredible, and it rivals the top food capitals of the world including Paris, Barcelona, NYC, Mexico DF.
Venezuela was an amazing country before the Socialist takeover, and they seem they intend to be in power forever just like Cuba. A crypto friend of mine is based there, he is Venezuelan and gets paid in crypto so he is doing fine, but even he tells me he might just have to leave because of security concerns, blackouts and other political related issues.
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