Cost of Living Comparison Between Caracas and Nicosia 

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Indices DifferenceInfo
Cost of Living in Nicosia is 26.2% higher than in Caracas (without rent)
Cost of Living Including Rent in Nicosia is 31.8% higher than in Caracas
Rent Prices in Nicosia are 54.2% higher than in Caracas
Restaurant Prices in Nicosia are 18.8% higher than in Caracas
Groceries Prices in Nicosia are 15.1% higher than in Caracas
Local Purchasing Power in Nicosia is 532.8% higher than in Caracas
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Caracas Edit Nicosia Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(9.22 €)
13.02 $
(12.00 €)
     +30.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(55.31 €)
65.09 $
(60.00 €)
     +8.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 $
(10.14 €)
7.59 $
(7.00 €)
     -31.0 %
Domestic Beer (1 pint draught) 1.50 $
(1.38 €)
4.34 $
(4.00 €)
     +189.3 %
Imported Beer (12 oz small bottle) 3.00 $
(2.77 €)
5.42 $
(5.00 €)
     +80.8 %
Cappuccino (regular) 2.36 $
(2.17 €)
3.77 $
(3.47 €)
     +59.9 %
Coke/Pepsi (12 oz small bottle) 1.30 $
(1.20 €)
1.81 $
(1.67 €)
     +38.5 %
Water (12 oz small bottle) 0.97 $
(0.89 €)
0.82 $
(0.76 €)
     -15.0 %
Markets
Caracas Edit Nicosia Edit
Milk (regular), (1 gallon) 7.44 $
(6.86 €)
6.43 $
(5.93 €)
     -13.6 %
Loaf of Fresh White Bread (1 lb) 2.00 $
(1.85 €)
1.81 $
(1.67 €)
     -9.5 %
Rice (white), (1 lb) 0.58 $
(0.53 €)
1.07 $
(0.98 €)
     +84.0 %
Eggs (regular) (12) 2.56 $
(2.36 €)
3.35 $
(3.09 €)
     +30.9 %
Local Cheese (1 lb) 3.45 $
(3.18 €)
5.60 $
(5.16 €)
     +62.5 %
Chicken Fillets (1 lb) 2.89 $
(2.66 €)
3.89 $
(3.58 €)
     +34.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.37 $
(3.11 €)
5.57 $
(5.13 €)
     +65.0 %
Apples (1 lb) 2.15 $
(1.98 €)
1.28 $
(1.18 €)
     -40.5 %
Banana (1 lb) 0.62 $
(0.58 €)
0.90 $
(0.83 €)
     +44.3 %
Oranges (1 lb) 0.93 $
(0.86 €)
0.89 $
(0.82 €)
     -4.0 %
Tomato (1 lb) 0.79 $
(0.73 €)
1.23 $
(1.13 €)
     +55.9 %
Potato (1 lb) 0.86 $
(0.79 €)
0.58 $
(0.54 €)
     -31.9 %
Onion (1 lb) 0.85 $
(0.78 €)
0.50 $
(0.46 €)
     -40.5 %
Lettuce (1 head) 1.00 $
(0.92 €)
0.46 $
(0.42 €)
     -54.0 %
Water (1.5 liter bottle) 1.49 $
(1.37 €)
0.93 $
(0.86 €)
     -37.3 %
Bottle of Wine (Mid-Range) 9.00 $
(8.30 €)
8.68 $
(8.00 €)
     -3.6 %
Domestic Beer (0.5 liter bottle) 1.49 $
(1.37 €)
2.10 $
(1.93 €)
     +40.8 %
Imported Beer (12 oz small bottle) 1.86 $
(1.72 €)
3.35 $
(3.08 €)
     +79.8 %
Cigarettes 20 Pack (Marlboro) 3.25 $
(3.00 €)
5.42 $
(5.00 €)
     +66.9 %
Transportation
Caracas Edit Nicosia Edit
One-way Ticket (Local Transport) 0.50 $
(0.46 €)
2.60 $
(2.40 €)
     +420.7 %
Monthly Pass (Regular Price) 30.00 $
(27.65 €)
54.24 $
(50.00 €)
     +80.8 %
Taxi Start (Normal Tariff) 5.00 $
(4.61 €)
3.80 $
(3.50 €)
     -24.1 %
Taxi 1 mile (Normal Tariff) 3.22 $
(2.97 €)
1.75 $
(1.61 €)
     -45.8 %
Taxi 1hour Waiting (Normal Tariff) 10.00 $
(9.22 €)
54.24 $
(50.00 €)
     +442.4 %
Gasoline (1 gallon) 1.89 $
(1.74 €)
5.71 $
(5.26 €)
     +201.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,500.00 $
(30,879.83 €)
27,067.02 $
(24,950.00 €)
     -19.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 39,666.67 $
(36,564.18 €)
28,947.43 $
(26,683.33 €)
     -27.0 %
Utilities (Monthly)
Caracas Edit Nicosia Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 12.43 $
(11.46 €)
204.08 $
(188.12 €)
     +1,541.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.00 $
(13.83 €)
22.14 $
(20.41 €)
     +47.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 41.67 $
(38.41 €)
29.56 $
(27.25 €)
     -29.1 %
Sports And Leisure
Caracas Edit Nicosia Edit
Fitness Club, Monthly Fee for 1 Adult 61.25 $
(56.46 €)
64.60 $
(59.55 €)
     +5.5 %
Tennis Court Rent (1 Hour on Weekend) 13.50 $
(12.44 €)
21.70 $
(20.00 €)
     +60.7 %
Cinema, International Release, 1 Seat 5.50 $
(5.07 €)
10.85 $
(10.00 €)
     +97.2 %
Childcare
Caracas Edit Nicosia Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 94.79 $
(87.38 €)
402.48 $
(371.00 €)
     +324.6 %
International Primary School, Yearly for 1 Child 4,720.00 $
(4,350.83 €)
7,307.96 $
(6,736.38 €)
     +54.8 %
Clothing And Shoes
Caracas Edit Nicosia Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.58 $
(45.71 €)
78.95 $
(72.78 €)
     +59.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.67 $
(39.33 €)
31.73 $
(29.25 €)
     -25.6 %
1 Pair of Nike Running Shoes (Mid-Range) 98.85 $
(91.12 €)
83.17 $
(76.67 €)
     -15.9 %
1 Pair of Men Leather Business Shoes 71.30 $
(65.72 €)
96.73 $
(89.17 €)
     +35.7 %
Rent Per Month
Caracas Edit Nicosia Edit
Apartment (1 bedroom) in City Centre 375.00 $
(345.67 €)
684.13 $
(630.62 €)
     +82.4 %
Apartment (1 bedroom) Outside of Centre 370.00 $
(341.06 €)
566.45 $
(522.14 €)
     +53.1 %
Apartment (3 bedrooms) in City Centre 870.00 $
(801.95 €)
1,280.69 $
(1,180.53 €)
     +47.2 %
Apartment (3 bedrooms) Outside of Centre 695.45 $
(641.06 €)
1,032.42 $
(951.67 €)
     +48.5 %
Buy Apartment Price
Caracas Edit Nicosia Edit
Price per Square Feet to Buy Apartment in City Centre 78.00 $
(71.90 €)
194.01 $
(178.84 €)
     +148.7 %
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $
(105.21 €)
177.38 $
(163.51 €)
     +55.4 %
Salaries And Financing
Caracas Edit Nicosia Edit
Average Monthly Net Salary (After Tax) 186.92 $
(172.30 €)
1,558.86 $
(1,436.93 €)
     +734.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 23.33 3.60      -84.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:4482