Statement:
In Venezuela the cost of living is higher than in Ecuador

In the Cost of Living rating Venezuela holds position #12 2013 out of 102 and Ecuador is #72 out of 90 2012.
Position of Venezuela is worse than position of Ecuador.
Venezuela is leader of the "Cost of Living" rating. Living in Venezuela is really expensive, compared to Ecuador

Referencies:

  1. Cost of Living 2022 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 35.73
    Venezuela 'Cost of Living Index' value is 41.77
  2. Cost of Living 2021 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 38.79
    Venezuela 'Cost of Living Index' value is 45.96
  3. Cost of Living 2020 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 40.62
  4. Cost of Living 2019 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 41.99
    Venezuela 'Cost of Living Index' value is 27.22
  5. Cost of Living 2018 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 42.41
    Venezuela 'Cost of Living Index' value is 27.62
  6. Cost of Living 2017 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 46.77
    Venezuela 'Cost of Living Index' value is 35.15
  7. Cost of Living 2016 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 43.98
    Venezuela 'Cost of Living Index' value is 40.34
  8. Cost of Living 2015 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 43.53
    Venezuela 'Cost of Living Index' value is 82.81
  9. Cost of Living 2014 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 45.56
    Venezuela 'Cost of Living Index' value is 119.05
  10. Cost of Living 2013 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 46.61
    Venezuela 'Cost of Living Index' value is 111.01
  11. Cost of Living 2012 by Numbeo
    The countries in the rating sorted by 'Cost of Living Index' in descending order.
    Ecuador 'Cost of Living Index' value is 50.85