Cost of Living Comparison Between Montevideo and Caracas 

Indices DifferenceInfo
Cost of Living in Caracas is 23.8% lower than in Montevideo (without rent)
Cost of Living Including Rent in Caracas is 23.5% lower than in Montevideo
Rent Prices in Caracas are 22.1% lower than in Montevideo
Restaurant Prices in Caracas are 14.8% lower than in Montevideo
Groceries Prices in Caracas are 19.4% lower than in Montevideo
Local Purchasing Power in Caracas is 81.1% lower than in Montevideo
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Montevideo Edit Caracas Edit Difference
Meal, Inexpensive Restaurant 550.00 $U
(14.30 $)
384.68 $U
(10.00 $)
     -30.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 $U
(51.99 $)
2,308.11 $U
(60.00 $)
     +15.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 400.00 $U
(10.40 $)
423.15 $U
(11.00 $)
     +5.8 %
Domestic Beer (1 pint draught) 130.00 $U
(3.38 $)
57.70 $U
(1.50 $)
     -55.6 %
Imported Beer (12 oz small bottle) 150.00 $U
(3.90 $)
115.41 $U
(3.00 $)
     -23.1 %
Cappuccino (regular) 161.22 $U
(4.19 $)
90.68 $U
(2.36 $)
     -43.8 %
Coke/Pepsi (12 oz small bottle) 86.40 $U
(2.25 $)
50.17 $U
(1.30 $)
     -41.9 %
Water (12 oz small bottle) 64.91 $U
(1.69 $)
37.24 $U
(0.97 $)
     -42.6 %
Markets
Montevideo Edit Caracas Edit
Milk (regular), (1 gallon) 168.68 $U
(4.38 $)
286.36 $U
(7.44 $)
     +69.8 %
Loaf of Fresh White Bread (1 lb) 102.47 $U
(2.66 $)
77.10 $U
(2.00 $)
     -24.8 %
Rice (white), (1 lb) 27.53 $U
(0.72 $)
22.26 $U
(0.58 $)
     -19.1 %
Eggs (regular) (12) 180.31 $U
(4.69 $)
98.54 $U
(2.56 $)
     -45.3 %
Local Cheese (1 lb) 217.89 $U
(5.66 $)
132.56 $U
(3.45 $)
     -39.2 %
Chicken Fillets (1 lb) 176.37 $U
(4.58 $)
111.15 $U
(2.89 $)
     -37.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 184.96 $U
(4.81 $)
129.80 $U
(3.37 $)
     -29.8 %
Apples (1 lb) 42.30 $U
(1.10 $)
82.55 $U
(2.15 $)
     +95.2 %
Banana (1 lb) 44.69 $U
(1.16 $)
24.04 $U
(0.62 $)
     -46.2 %
Oranges (1 lb) 28.91 $U
(0.75 $)
35.77 $U
(0.93 $)
     +23.7 %
Tomato (1 lb) 54.52 $U
(1.42 $)
30.27 $U
(0.79 $)
     -44.5 %
Potato (1 lb) 33.31 $U
(0.87 $)
32.97 $U
(0.86 $)
     -1.0 %
Onion (1 lb) 31.49 $U
(0.82 $)
32.51 $U
(0.85 $)
     +3.2 %
Lettuce (1 head) 49.64 $U
(1.29 $)
38.47 $U
(1.00 $)
     -22.5 %
Water (1.5 liter bottle) 67.50 $U
(1.75 $)
57.32 $U
(1.49 $)
     -15.1 %
Bottle of Wine (Mid-Range) 300.00 $U
(7.80 $)
346.22 $U
(9.00 $)
     +15.4 %
Domestic Beer (0.5 liter bottle) 91.98 $U
(2.39 $)
57.34 $U
(1.49 $)
     -37.7 %
Imported Beer (12 oz small bottle) 130.16 $U
(3.38 $)
71.59 $U
(1.86 $)
     -45.0 %
Cigarettes 20 Pack (Marlboro) 200.00 $U
(5.20 $)
125.02 $U
(3.25 $)
     -37.5 %
Transportation
Montevideo Edit Caracas Edit
One-way Ticket (Local Transport) 52.00 $U
(1.35 $)
19.23 $U
(0.50 $)
     -63.0 %
Monthly Pass (Regular Price) 1,800.00 $U
(46.79 $)
1,154.05 $U
(30.00 $)
     -35.9 %
Taxi Start (Normal Tariff) 65.00 $U
(1.69 $)
192.34 $U
(5.00 $)
     +195.9 %
Taxi 1 mile (Normal Tariff) 160.93 $U
(4.18 $)
123.82 $U
(3.22 $)
     -23.1 %
Taxi 1hour Waiting (Normal Tariff) 450.00 $U
(11.70 $)
384.68 $U
(10.00 $)
     -14.5 %
Gasoline (1 gallon) 289.45 $U
(7.52 $)
72.81 $U
(1.89 $)
     -74.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,598,616.00 $U
(41,556.52 $)
1,288,693.91 $U
(33,500.00 $)
     -19.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,491,999.10 $U
(38,784.98 $)
1,525,916.17 $U
(39,666.67 $)
     +2.3 %
Utilities (Monthly)
Montevideo Edit Caracas Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 5,529.41 $U
(143.74 $)
478.15 $U
(12.43 $)
     -91.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 641.88 $U
(16.69 $)
577.03 $U
(15.00 $)
     -10.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 1,684.75 $U
(43.80 $)
1,602.85 $U
(41.67 $)
     -4.9 %
Sports And Leisure
Montevideo Edit Caracas Edit
Fitness Club, Monthly Fee for 1 Adult 2,427.00 $U
(63.09 $)
2,356.19 $U
(61.25 $)
     -2.9 %
Tennis Court Rent (1 Hour on Weekend) 905.10 $U
(23.53 $)
519.32 $U
(13.50 $)
     -42.6 %
Cinema, International Release, 1 Seat 410.00 $U
(10.66 $)
211.58 $U
(5.50 $)
     -48.4 %
Childcare
Montevideo Edit Caracas Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 15,083.33 $U
(392.10 $)
3,646.49 $U
(94.79 $)
     -75.8 %
International Primary School, Yearly for 1 Child 331,175.00 $U
(8,609.00 $)
181,571.20 $U
(4,720.00 $)
     -45.2 %
Clothing And Shoes
Montevideo Edit Caracas Edit
1 Pair of Jeans (Levis 501 Or Similar) 3,955.00 $U
(102.81 $)
1,907.40 $U
(49.58 $)
     -51.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,751.33 $U
(45.53 $)
1,641.32 $U
(42.67 $)
     -6.3 %
1 Pair of Nike Running Shoes (Mid-Range) 4,476.19 $U
(116.36 $)
3,802.46 $U
(98.85 $)
     -15.1 %
1 Pair of Men Leather Business Shoes 4,668.46 $U
(121.36 $)
2,742.80 $U
(71.30 $)
     -41.2 %
Rent Per Month
Montevideo Edit Caracas Edit
Apartment (1 bedroom) in City Centre 23,819.62 $U
(619.20 $)
14,425.68 $U
(375.00 $)
     -39.4 %
Apartment (1 bedroom) Outside of Centre 17,738.74 $U
(461.12 $)
14,233.34 $U
(370.00 $)
     -19.8 %
Apartment (3 bedrooms) in City Centre 40,319.18 $U
(1,048.11 $)
33,467.57 $U
(870.00 $)
     -17.0 %
Apartment (3 bedrooms) Outside of Centre 32,192.67 $U
(836.86 $)
26,753.08 $U
(695.45 $)
     -16.9 %
Buy Apartment Price
Montevideo Edit Caracas Edit
Price per Square Feet to Buy Apartment in City Centre 9,069.38 $U
(235.76 $)
3,000.47 $U
(78.00 $)
     -66.9 %
Price per Square Feet to Buy Apartment Outside of Centre 7,516.58 $U
(195.40 $)
4,390.68 $U
(114.14 $)
     -41.6 %
Salaries And Financing
Montevideo Edit Caracas Edit
Average Monthly Net Salary (After Tax) 49,799.90 $U
(1,294.56 $)
7,190.65 $U
(186.92 $)
     -85.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 23.33      +256.6 %
Last update: May 2024May 2024
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