Cost of Living Comparison Between Caracas and Istanbul 

Indices DifferenceInfo
Cost of Living in Istanbul is 11.0% lower than in Caracas (without rent)
Cost of Living Including Rent in Istanbul is 2.7% higher than in Caracas
Rent Prices in Istanbul are 57.4% higher than in Caracas
Restaurant Prices in Istanbul are 13.2% lower than in Caracas
Groceries Prices in Istanbul are 18.0% lower than in Caracas
Local Purchasing Power in Istanbul is 331.1% higher than in Caracas
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Caracas Edit Istanbul Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(327.88 TL)
9.15 $
(300.00 TL)
     -8.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(1,967.28 TL)
45.75 $
(1,500.00 TL)
     -23.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(393.46 TL)
7.17 $
(235.00 TL)
     -40.3 %
Domestic Beer (1 pint draught) 1.50 $
(49.18 TL)
3.66 $
(120.00 TL)
     +144.0 %
Imported Beer (12 oz small bottle) 3.00 $
(98.36 TL)
4.98 $
(163.35 TL)
     +66.1 %
Cappuccino (regular) 2.41 $
(79.08 TL)
2.91 $
(95.48 TL)
     +20.7 %
Coke/Pepsi (12 oz small bottle) 1.42 $
(46.46 TL)
1.27 $
(41.68 TL)
     -10.3 %
Water (12 oz small bottle) 1.07 $
(35.22 TL)
0.55 $
(18.15 TL)
     -48.5 %
Markets
Caracas Edit Istanbul Edit
Milk (regular), (1 gallon) 7.79 $
(255.39 TL)
4.33 $
(142.02 TL)
     -44.4 %
Loaf of Fresh White Bread (1 lb) 1.62 $
(52.95 TL)
0.59 $
(19.21 TL)
     -63.7 %
Rice (white), (1 lb) 0.60 $
(19.57 TL)
0.89 $
(29.04 TL)
     +48.4 %
Eggs (regular) (12) 2.56 $
(83.83 TL)
2.14 $
(70.12 TL)
     -16.4 %
Local Cheese (1 lb) 3.54 $
(116.15 TL)
4.06 $
(132.98 TL)
     +14.5 %
Chicken Fillets (1 lb) 3.02 $
(99.04 TL)
2.61 $
(85.65 TL)
     -13.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.37 $
(110.37 TL)
7.60 $
(249.32 TL)
     +125.9 %
Apples (1 lb) 2.54 $
(83.32 TL)
0.57 $
(18.77 TL)
     -77.5 %
Banana (1 lb) 0.65 $
(21.19 TL)
0.83 $
(27.06 TL)
     +27.7 %
Oranges (1 lb) 0.93 $
(30.49 TL)
0.41 $
(13.55 TL)
     -55.5 %
Tomato (1 lb) 0.84 $
(27.52 TL)
0.58 $
(18.92 TL)
     -31.3 %
Potato (1 lb) 0.91 $
(29.75 TL)
0.34 $
(11.24 TL)
     -62.2 %
Onion (1 lb) 0.90 $
(29.51 TL)
0.26 $
(8.47 TL)
     -71.3 %
Lettuce (1 head) 1.07 $
(35.13 TL)
1.02 $
(33.49 TL)
     -4.7 %
Water (1.5 liter bottle) 1.68 $
(54.92 TL)
0.40 $
(13.26 TL)
     -75.9 %
Bottle of Wine (Mid-Range) 9.00 $
(295.09 TL)
9.15 $
(300.00 TL)
     +1.7 %
Domestic Beer (0.5 liter bottle) 1.53 $
(50.05 TL)
1.83 $
(60.00 TL)
     +19.9 %
Imported Beer (12 oz small bottle) 1.86 $
(61.02 TL)
2.62 $
(85.95 TL)
     +40.9 %
Cigarettes 20 Pack (Marlboro) 3.25 $
(106.56 TL)
1.83 $
(60.00 TL)
     -43.7 %
Transportation
Caracas Edit Istanbul Edit
One-way Ticket (Local Transport) 0.50 $
(16.39 TL)
0.54 $
(17.70 TL)
     +8.0 %
Monthly Pass (Regular Price) 30.00 $
(983.64 TL)
42.33 $
(1,388.00 TL)
     +41.1 %
Taxi Start (Normal Tariff) 5.00 $
(163.94 TL)
0.76 $
(25.00 TL)
     -84.8 %
Taxi 1 mile (Normal Tariff) 3.22 $
(105.53 TL)
0.87 $
(28.49 TL)
     -73.0 %
Taxi 1hour Waiting (Normal Tariff) 10.00 $
(327.88 TL)
6.86 $
(225.00 TL)
     -31.4 %
Gasoline (1 gallon) 1.89 $
(62.06 TL)
4.63 $
(151.91 TL)
     +144.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,500.00 $
(1,098,398.07 TL)
42,698.55 $
(1,400,000.00 TL)
     +27.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 39,666.67 $
(1,300,590.75 TL)
43,106.26 $
(1,413,368.08 TL)
     +8.7 %
Utilities (Monthly)
Caracas Edit Istanbul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 9.25 $
(303.29 TL)
56.20 $
(1,842.73 TL)
     +507.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.00 $
(491.82 TL)
8.84 $
(289.98 TL)
     -41.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 39.00 $
(1,278.73 TL)
11.44 $
(374.98 TL)
     -70.7 %
Sports And Leisure
Caracas Edit Istanbul Edit
Fitness Club, Monthly Fee for 1 Adult 62.50 $
(2,049.25 TL)
40.81 $
(1,337.98 TL)
     -34.7 %
Tennis Court Rent (1 Hour on Weekend) 13.50 $
(442.64 TL)
13.65 $
(447.62 TL)
     +1.1 %
Cinema, International Release, 1 Seat 6.00 $
(196.73 TL)
6.10 $
(200.00 TL)
     +1.7 %
Childcare
Caracas Edit Istanbul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 101.19 $
(3,317.83 TL)
539.83 $
(17,700.07 TL)
     +433.5 %
International Primary School, Yearly for 1 Child 4,720.00 $
(154,759.37 TL)
11,838.49 $
(388,160.34 TL)
     +150.8 %
Clothing And Shoes
Caracas Edit Istanbul Edit
1 Pair of Jeans (Levis 501 Or Similar) 53.89 $
(1,766.91 TL)
51.40 $
(1,685.15 TL)
     -4.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.25 $
(1,450.87 TL)
33.87 $
(1,110.69 TL)
     -23.4 %
1 Pair of Nike Running Shoes (Mid-Range) 107.50 $
(3,524.71 TL)
88.72 $
(2,908.93 TL)
     -17.5 %
1 Pair of Men Leather Business Shoes 72.50 $
(2,377.13 TL)
78.01 $
(2,557.65 TL)
     +7.6 %
Rent Per Month
Caracas Edit Istanbul Edit
Apartment (1 bedroom) in City Centre 377.78 $
(12,386.58 TL)
786.52 $
(25,788.42 TL)
     +108.2 %
Apartment (1 bedroom) Outside of Centre 361.11 $
(11,840.11 TL)
506.43 $
(16,604.68 TL)
     +40.2 %
Apartment (3 bedrooms) in City Centre 911.11 $
(29,873.51 TL)
1,522.66 $
(49,925.07 TL)
     +67.1 %
Apartment (3 bedrooms) Outside of Centre 738.89 $
(24,226.69 TL)
943.34 $
(30,930.17 TL)
     +27.7 %
Buy Apartment Price
Caracas Edit Istanbul Edit
Price per Square Feet to Buy Apartment in City Centre 78.00 $
(2,557.40 TL)
296.42 $
(9,718.94 TL)
     +280.0 %
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $
(3,742.33 TL)
153.75 $
(5,041.03 TL)
     +34.7 %
Salaries And Financing
Caracas Edit Istanbul Edit
Average Monthly Net Salary (After Tax) 181.00 $
(5,934.63 TL)
800.95 $
(26,261.67 TL)
     +342.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 23.33 44.21      +89.5 %
Last update: May 2024June 2024
Contributors in the past 12 months:441208