Cost of Living Comparison Between Nicosia and Caracas 

Indices DifferenceInfo
Cost of Living in Caracas is 20.8% lower than in Nicosia (without rent)
Cost of Living Including Rent in Caracas is 24.1% lower than in Nicosia
Rent Prices in Caracas are 35.2% lower than in Nicosia
Restaurant Prices in Caracas are 15.8% lower than in Nicosia
Groceries Prices in Caracas are 13.1% lower than in Nicosia
Local Purchasing Power in Caracas is 84.2% lower than in Nicosia
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Nicosia Edit Caracas Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(13.02 $)
9.22 €
(10.00 $)
     -23.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(65.09 $)
55.31 €
(60.00 $)
     -7.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 €
(7.59 $)
10.14 €
(11.00 $)
     +44.9 %
Domestic Beer (1 pint draught) 4.00 €
(4.34 $)
1.38 €
(1.50 $)
     -65.4 %
Imported Beer (12 oz small bottle) 5.00 €
(5.42 $)
2.77 €
(3.00 $)
     -44.7 %
Cappuccino (regular) 3.47 €
(3.77 $)
2.17 €
(2.36 $)
     -37.5 %
Coke/Pepsi (12 oz small bottle) 1.67 €
(1.81 $)
1.20 €
(1.30 $)
     -27.8 %
Water (12 oz small bottle) 0.76 €
(0.82 $)
0.89 €
(0.97 $)
     +17.7 %
Markets
Nicosia Edit Caracas Edit
Milk (regular), (1 gallon) 5.93 €
(6.43 $)
6.86 €
(7.44 $)
     +15.7 %
Loaf of Fresh White Bread (1 lb) 1.67 €
(1.81 $)
1.85 €
(2.00 $)
     +10.5 %
Rice (white), (1 lb) 0.98 €
(1.07 $)
0.53 €
(0.58 $)
     -45.7 %
Eggs (regular) (12) 3.09 €
(3.35 $)
2.36 €
(2.56 $)
     -23.6 %
Local Cheese (1 lb) 5.16 €
(5.60 $)
3.18 €
(3.45 $)
     -38.5 %
Chicken Fillets (1 lb) 3.58 €
(3.89 $)
2.66 €
(2.89 $)
     -25.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.13 €
(5.57 $)
3.11 €
(3.37 $)
     -39.4 %
Apples (1 lb) 1.18 €
(1.28 $)
1.98 €
(2.15 $)
     +68.0 %
Banana (1 lb) 0.83 €
(0.90 $)
0.58 €
(0.62 $)
     -30.7 %
Oranges (1 lb) 0.82 €
(0.89 $)
0.86 €
(0.93 $)
     +4.2 %
Tomato (1 lb) 1.13 €
(1.23 $)
0.73 €
(0.79 $)
     -35.8 %
Potato (1 lb) 0.54 €
(0.58 $)
0.79 €
(0.86 $)
     +46.8 %
Onion (1 lb) 0.46 €
(0.50 $)
0.78 €
(0.85 $)
     +68.0 %
Lettuce (1 head) 0.42 €
(0.46 $)
0.92 €
(1.00 $)
     +117.3 %
Water (1.5 liter bottle) 0.86 €
(0.93 $)
1.37 €
(1.49 $)
     +59.6 %
Bottle of Wine (Mid-Range) 8.00 €
(8.68 $)
8.30 €
(9.00 $)
     +3.7 %
Domestic Beer (0.5 liter bottle) 1.93 €
(2.10 $)
1.37 €
(1.49 $)
     -29.0 %
Imported Beer (12 oz small bottle) 3.08 €
(3.35 $)
1.72 €
(1.86 $)
     -44.4 %
Cigarettes 20 Pack (Marlboro) 5.00 €
(5.42 $)
3.00 €
(3.25 $)
     -40.1 %
Transportation
Nicosia Edit Caracas Edit
One-way Ticket (Local Transport) 2.40 €
(2.60 $)
0.46 €
(0.50 $)
     -80.8 %
Monthly Pass (Regular Price) 50.00 €
(54.24 $)
27.65 €
(30.00 $)
     -44.7 %
Taxi Start (Normal Tariff) 3.50 €
(3.80 $)
4.61 €
(5.00 $)
     +31.7 %
Taxi 1 mile (Normal Tariff) 1.61 €
(1.75 $)
2.97 €
(3.22 $)
     +84.4 %
Taxi 1hour Waiting (Normal Tariff) 50.00 €
(54.24 $)
9.22 €
(10.00 $)
     -81.6 %
Gasoline (1 gallon) 5.26 €
(5.71 $)
1.74 €
(1.89 $)
     -66.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 24,950.00 €
(27,067.02 $)
30,879.83 €
(33,500.00 $)
     +23.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,683.33 €
(28,947.43 $)
36,564.18 €
(39,666.67 $)
     +37.0 %
Utilities (Monthly)
Nicosia Edit Caracas Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 188.12 €
(204.08 $)
11.46 €
(12.43 $)
     -93.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 20.41 €
(22.14 $)
13.83 €
(15.00 $)
     -32.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 27.25 €
(29.56 $)
38.41 €
(41.67 $)
     +40.9 %
Sports And Leisure
Nicosia Edit Caracas Edit
Fitness Club, Monthly Fee for 1 Adult 59.55 €
(64.60 $)
56.46 €
(61.25 $)
     -5.2 %
Tennis Court Rent (1 Hour on Weekend) 20.00 €
(21.70 $)
12.44 €
(13.50 $)
     -37.8 %
Cinema, International Release, 1 Seat 10.00 €
(10.85 $)
5.07 €
(5.50 $)
     -49.3 %
Childcare
Nicosia Edit Caracas Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 371.00 €
(402.48 $)
87.38 €
(94.79 $)
     -76.4 %
International Primary School, Yearly for 1 Child 6,736.38 €
(7,307.96 $)
4,350.83 €
(4,720.00 $)
     -35.4 %
Clothing And Shoes
Nicosia Edit Caracas Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.78 €
(78.95 $)
45.71 €
(49.58 $)
     -37.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.25 €
(31.73 $)
39.33 €
(42.67 $)
     +34.5 %
1 Pair of Nike Running Shoes (Mid-Range) 76.67 €
(83.17 $)
91.12 €
(98.85 $)
     +18.8 %
1 Pair of Men Leather Business Shoes 89.17 €
(96.73 $)
65.72 €
(71.30 $)
     -26.3 %
Rent Per Month
Nicosia Edit Caracas Edit
Apartment (1 bedroom) in City Centre 630.62 €
(684.13 $)
345.67 €
(375.00 $)
     -45.2 %
Apartment (1 bedroom) Outside of Centre 522.14 €
(566.45 $)
341.06 €
(370.00 $)
     -34.7 %
Apartment (3 bedrooms) in City Centre 1,180.53 €
(1,280.69 $)
801.95 €
(870.00 $)
     -32.1 %
Apartment (3 bedrooms) Outside of Centre 951.67 €
(1,032.42 $)
641.06 €
(695.45 $)
     -32.6 %
Buy Apartment Price
Nicosia Edit Caracas Edit
Price per Square Feet to Buy Apartment in City Centre 178.84 €
(194.01 $)
71.90 €
(78.00 $)
     -59.8 %
Price per Square Feet to Buy Apartment Outside of Centre 163.51 €
(177.38 $)
105.21 €
(114.14 $)
     -35.7 %
Salaries And Financing
Nicosia Edit Caracas Edit
Average Monthly Net Salary (After Tax) 1,436.93 €
(1,558.86 $)
172.30 €
(186.92 $)
     -88.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.60 23.33      +548.1 %
Last update: May 2024May 2024
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