Cost of Living Comparison Between Medellin and Caracas 

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Indices DifferenceInfo
Cost of Living in Caracas is 28.1% higher than in Medellin (without rent)
Cost of Living Including Rent in Caracas is 18.8% higher than in Medellin
Rent Prices in Caracas are 8.2% lower than in Medellin
Restaurant Prices in Caracas are 75.6% higher than in Medellin
Groceries Prices in Caracas are 26.5% higher than in Medellin
Local Purchasing Power in Caracas is 62.9% lower than in Medellin
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Medellin Edit Caracas Edit Difference
Meal, Inexpensive Restaurant 22,000.00 Col$
(5.69 $)
38,647.44 Col$
(10.00 $)
     +75.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 110,000.00 Col$
(28.46 $)
231,884.65 Col$
(60.00 $)
     +110.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 26,000.00 Col$
(6.73 $)
42,512.19 Col$
(11.00 $)
     +63.5 %
Domestic Beer (1 pint draught) 5,000.00 Col$
(1.29 $)
5,797.12 Col$
(1.50 $)
     +15.9 %
Imported Beer (12 oz small bottle) 12,000.00 Col$
(3.10 $)
11,594.23 Col$
(3.00 $)
     -3.4 %
Cappuccino (regular) 6,524.07 Col$
(1.69 $)
9,109.75 Col$
(2.36 $)
     +39.6 %
Coke/Pepsi (12 oz small bottle) 3,928.61 Col$
(1.02 $)
5,040.50 Col$
(1.30 $)
     +28.3 %
Water (12 oz small bottle) 2,890.84 Col$
(0.75 $)
3,741.16 Col$
(0.97 $)
     +29.4 %
Markets
Medellin Edit Caracas Edit
Milk (regular), (1 gallon) 16,958.65 Col$
(4.39 $)
28,768.74 Col$
(7.44 $)
     +69.6 %
Loaf of Fresh White Bread (1 lb) 4,659.29 Col$
(1.21 $)
7,745.43 Col$
(2.00 $)
     +66.2 %
Rice (white), (1 lb) 2,193.00 Col$
(0.57 $)
2,236.65 Col$
(0.58 $)
     +2.0 %
Eggs (regular) (12) 8,472.52 Col$
(2.19 $)
9,899.85 Col$
(2.56 $)
     +16.8 %
Local Cheese (1 lb) 9,057.93 Col$
(2.34 $)
13,317.41 Col$
(3.45 $)
     +47.0 %
Chicken Fillets (1 lb) 10,302.69 Col$
(2.67 $)
11,166.74 Col$
(2.89 $)
     +8.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 18,533.01 Col$
(4.80 $)
13,040.12 Col$
(3.37 $)
     -29.6 %
Apples (1 lb) 4,283.84 Col$
(1.11 $)
8,293.73 Col$
(2.15 $)
     +93.6 %
Banana (1 lb) 1,638.24 Col$
(0.42 $)
2,415.27 Col$
(0.62 $)
     +47.4 %
Oranges (1 lb) 2,270.63 Col$
(0.59 $)
3,593.69 Col$
(0.93 $)
     +58.3 %
Tomato (1 lb) 2,603.30 Col$
(0.67 $)
3,041.43 Col$
(0.79 $)
     +16.8 %
Potato (1 lb) 2,097.45 Col$
(0.54 $)
3,312.35 Col$
(0.86 $)
     +57.9 %
Onion (1 lb) 2,248.78 Col$
(0.58 $)
3,266.35 Col$
(0.85 $)
     +45.2 %
Lettuce (1 head) 3,399.56 Col$
(0.88 $)
3,864.74 Col$
(1.00 $)
     +13.7 %
Water (1.5 liter bottle) 3,346.36 Col$
(0.87 $)
5,758.47 Col$
(1.49 $)
     +72.1 %
Bottle of Wine (Mid-Range) 38,647.44 Col$
(10.00 $)
34,782.70 Col$
(9.00 $)
     -10.0 %
Domestic Beer (0.5 liter bottle) 4,469.86 Col$
(1.16 $)
5,760.18 Col$
(1.49 $)
     +28.9 %
Imported Beer (12 oz small bottle) 7,885.12 Col$
(2.04 $)
7,192.72 Col$
(1.86 $)
     -8.8 %
Cigarettes 20 Pack (Marlboro) 9,000.00 Col$
(2.33 $)
12,560.42 Col$
(3.25 $)
     +39.6 %
Transportation
Medellin Edit Caracas Edit
One-way Ticket (Local Transport) 2,950.00 Col$
(0.76 $)
1,932.37 Col$
(0.50 $)
     -34.5 %
Monthly Pass (Regular Price) 200,000.00 Col$
(51.75 $)
115,942.32 Col$
(30.00 $)
     -42.0 %
Taxi Start (Normal Tariff) 5,000.00 Col$
(1.29 $)
19,323.72 Col$
(5.00 $)
     +286.5 %
Taxi 1 mile (Normal Tariff) 12,874.76 Col$
(3.33 $)
12,439.41 Col$
(3.22 $)
     -3.4 %
Taxi 1hour Waiting (Normal Tariff) 30,000.00 Col$
(7.76 $)
38,647.44 Col$
(10.00 $)
     +28.8 %
Gasoline (1 gallon) 14,753.32 Col$
(3.82 $)
7,314.83 Col$
(1.89 $)
     -50.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 78,000,000.00 Col$
(20,182.45 $)
129,468,927.35 Col$
(33,500.00 $)
     +66.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 110,368,805.80 Col$
(28,557.86 $)
153,301,515.97 Col$
(39,666.67 $)
     +38.9 %
Utilities (Monthly)
Medellin Edit Caracas Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 313,985.56 Col$
(81.24 $)
48,037.56 Col$
(12.43 $)
     -84.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39,032.24 Col$
(10.10 $)
57,971.16 Col$
(15.00 $)
     +48.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 96,615.38 Col$
(25.00 $)
161,031.00 Col$
(41.67 $)
     +66.7 %
Sports And Leisure
Medellin Edit Caracas Edit
Fitness Club, Monthly Fee for 1 Adult 104,515.08 Col$
(27.04 $)
236,715.58 Col$
(61.25 $)
     +126.5 %
Tennis Court Rent (1 Hour on Weekend) 55,000.00 Col$
(14.23 $)
52,174.05 Col$
(13.50 $)
     -5.1 %
Cinema, International Release, 1 Seat 15,000.00 Col$
(3.88 $)
21,256.09 Col$
(5.50 $)
     +41.7 %
Childcare
Medellin Edit Caracas Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 920,000.00 Col$
(238.05 $)
366,345.53 Col$
(94.79 $)
     -60.2 %
International Primary School, Yearly for 1 Child 25,000,000.00 Col$
(6,468.73 $)
18,241,592.15 Col$
(4,720.00 $)
     -27.0 %
Clothing And Shoes
Medellin Edit Caracas Edit
1 Pair of Jeans (Levis 501 Or Similar) 213,854.59 Col$
(55.33 $)
191,626.89 Col$
(49.58 $)
     -10.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 155,625.00 Col$
(40.27 $)
164,895.75 Col$
(42.67 $)
     +6.0 %
1 Pair of Nike Running Shoes (Mid-Range) 345,714.29 Col$
(89.45 $)
382,015.09 Col$
(98.85 $)
     +10.5 %
1 Pair of Men Leather Business Shoes 335,882.65 Col$
(86.91 $)
275,556.25 Col$
(71.30 $)
     -18.0 %
Rent Per Month
Medellin Edit Caracas Edit
Apartment (1 bedroom) in City Centre 1,852,909.02 Col$
(479.44 $)
1,449,279.04 Col$
(375.00 $)
     -21.8 %
Apartment (1 bedroom) Outside of Centre 1,454,684.15 Col$
(376.40 $)
1,429,955.32 Col$
(370.00 $)
     -1.7 %
Apartment (3 bedrooms) in City Centre 3,406,102.32 Col$
(881.33 $)
3,362,327.37 Col$
(870.00 $)
     -1.3 %
Apartment (3 bedrooms) Outside of Centre 3,013,778.23 Col$
(779.81 $)
2,687,753.85 Col$
(695.45 $)
     -10.8 %
Buy Apartment Price
Medellin Edit Caracas Edit
Price per Square Feet to Buy Apartment in City Centre 644,916.97 Col$
(166.87 $)
301,442.65 Col$
(78.00 $)
     -53.3 %
Price per Square Feet to Buy Apartment Outside of Centre 556,413.11 Col$
(143.97 $)
441,110.57 Col$
(114.14 $)
     -20.7 %
Salaries And Financing
Medellin Edit Caracas Edit
Average Monthly Net Salary (After Tax) 1,637,787.88 Col$
(423.78 $)
722,409.86 Col$
(186.92 $)
     -55.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.55 23.33      +60.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:12344