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Venezuela Explained

Cendas: A Venezuelan family needs $727 only for a month's food

A Venezuelan family of five needed $727.89 for food in July, a 3.7% decrease from June, according to Cendas.

Cendas reported that a family of five needed $727.89 for food in July, down 3.7% from June's $756.45.

The minimum wage of 130 bolivars per month is equivalent to about $0.18, covering only 0.03% of the food basket cost.

The food basket includes 60 basic products, and the report also includes $13.52 for bottled water due to poor tap water quality.

The government has frozen the minimum wage and pension at 130 bolivars since March 2022, relying on bonuses for public workers totaling $240.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-17 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.