Cost of Living Comparison Between Toronto and Caracas 
| Indices Difference |  |
|---|---|
| Cost of Living in Caracas is 37.3% lower than in Toronto (without rent) | |
| Cost of Living Including Rent in Caracas is 51.9% lower than in Toronto | |
| Rent Prices in Caracas are 75.2% lower than in Toronto | |
| Restaurant Prices in Caracas are 37.7% lower than in Toronto | |
| Groceries Prices in Caracas are 40.2% lower than in Toronto | |
| Local Purchasing Power in Caracas is 88.8% lower than in Toronto | |
Restaurants | Toronto Edit |
Caracas Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 C$ (18.30 $) |
13.66 C$ (10.00 $) |
-45.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
120.00 C$ (87.84 $) |
81.97 C$ (60.00 $) |
-31.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 C$ (10.98 $) |
15.03 C$ (11.00 $) |
+0.2 % |
| Domestic Beer (1 pint draught) |
8.00 C$ (5.86 $) |
2.05 C$ (1.50 $) |
-74.4 % |
| Imported Beer (12 oz small bottle) |
10.00 C$ (7.32 $) |
4.10 C$ (3.00 $) |
-59.0 % |
| Cappuccino (regular) |
5.40 C$ (3.95 $) |
3.22 C$ (2.36 $) |
-40.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.96 C$ (2.17 $) |
1.78 C$ (1.30 $) |
-39.9 % |
| Water (12 oz small bottle) |
2.24 C$ (1.64 $) |
1.32 C$ (0.97 $) |
-41.0 % |
Markets | Toronto Edit |
Caracas Edit | |
| Milk (regular), (1 gallon) |
16.01 C$ (11.72 $) |
10.17 C$ (7.44 $) |
-36.5 % |
| Loaf of Fresh White Bread (1 lb) |
3.45 C$ (2.53 $) |
2.74 C$ (2.00 $) |
-20.7 % |
| Rice (white), (1 lb) |
2.10 C$ (1.54 $) |
0.79 C$ (0.58 $) |
-62.4 % |
| Eggs (regular) (12) |
4.84 C$ (3.54 $) |
3.50 C$ (2.56 $) |
-27.7 % |
| Local Cheese (1 lb) |
7.07 C$ (5.17 $) |
4.71 C$ (3.45 $) |
-33.4 % |
| Chicken Fillets (1 lb) |
7.80 C$ (5.71 $) |
3.95 C$ (2.89 $) |
-49.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.72 C$ (6.38 $) |
4.61 C$ (3.37 $) |
-47.1 % |
| Apples (1 lb) |
2.36 C$ (1.73 $) |
2.93 C$ (2.15 $) |
+24.0 % |
| Banana (1 lb) |
0.93 C$ (0.68 $) |
0.85 C$ (0.62 $) |
-7.7 % |
| Oranges (1 lb) |
2.40 C$ (1.76 $) |
1.27 C$ (0.93 $) |
-47.1 % |
| Tomato (1 lb) |
2.35 C$ (1.72 $) |
1.08 C$ (0.79 $) |
-54.3 % |
| Potato (1 lb) |
1.66 C$ (1.22 $) |
1.17 C$ (0.86 $) |
-29.5 % |
| Onion (1 lb) |
1.71 C$ (1.25 $) |
1.15 C$ (0.85 $) |
-32.6 % |
| Lettuce (1 head) |
3.15 C$ (2.30 $) |
1.37 C$ (1.00 $) |
-56.6 % |
| Water (1.5 liter bottle) |
2.41 C$ (1.76 $) |
2.04 C$ (1.49 $) |
-15.5 % |
| Bottle of Wine (Mid-Range) |
19.00 C$ (13.91 $) |
12.29 C$ (9.00 $) |
-35.3 % |
| Domestic Beer (0.5 liter bottle) |
3.47 C$ (2.54 $) |
2.04 C$ (1.49 $) |
-41.3 % |
| Imported Beer (12 oz small bottle) |
3.70 C$ (2.71 $) |
2.54 C$ (1.86 $) |
-31.3 % |
| Cigarettes 20 Pack (Marlboro) |
20.00 C$ (14.64 $) |
4.44 C$ (3.25 $) |
-77.8 % |
Transportation | Toronto Edit |
Caracas Edit | |
| One-way Ticket (Local Transport) |
3.35 C$ (2.45 $) |
0.68 C$ (0.50 $) |
-79.6 % |
| Monthly Pass (Regular Price) |
156.00 C$ (114.19 $) |
40.98 C$ (30.00 $) |
-73.7 % |
| Taxi Start (Normal Tariff) |
5.00 C$ (3.66 $) |
6.83 C$ (5.00 $) |
+36.6 % |
| Taxi 1 mile (Normal Tariff) |
2.82 C$ (2.06 $) |
4.40 C$ (3.22 $) |
+56.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
31.00 C$ (22.69 $) |
13.66 C$ (10.00 $) |
-55.9 % |
| Gasoline (1 gallon) |
6.12 C$ (4.48 $) |
2.59 C$ (1.89 $) |
-57.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,350.00 C$ (25,144.74 $) |
45,764.05 C$ (33,500.00 $) |
+33.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
30,793.75 C$ (22,541.51 $) |
54,188.28 C$ (39,666.67 $) |
+76.0 % |
Utilities (Monthly) | Toronto Edit |
Caracas Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
159.67 C$ (116.88 $) |
16.98 C$ (12.43 $) |
-89.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
63.86 C$ (46.74 $) |
20.49 C$ (15.00 $) |
-67.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
72.65 C$ (53.18 $) |
56.92 C$ (41.67 $) |
-21.7 % |
Sports And Leisure | Toronto Edit |
Caracas Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
69.49 C$ (50.87 $) |
83.67 C$ (61.25 $) |
+20.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
28.37 C$ (20.77 $) |
18.44 C$ (13.50 $) |
-35.0 % |
| Cinema, International Release, 1 Seat |
18.00 C$ (13.18 $) |
7.51 C$ (5.50 $) |
-58.3 % |
Childcare | Toronto Edit |
Caracas Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,545.84 C$ (1,131.58 $) |
129.49 C$ (94.79 $) |
-91.6 % |
| International Primary School, Yearly for 1 Child |
24,963.85 C$ (18,273.93 $) |
6,447.95 C$ (4,720.00 $) |
-74.2 % |
Clothing And Shoes | Toronto Edit |
Caracas Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.88 C$ (60.67 $) |
67.74 C$ (49.58 $) |
-18.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
50.31 C$ (36.83 $) |
58.29 C$ (42.67 $) |
+15.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
138.29 C$ (101.23 $) |
135.03 C$ (98.85 $) |
-2.4 % |
| 1 Pair of Men Leather Business Shoes |
165.42 C$ (121.09 $) |
97.40 C$ (71.30 $) |
-41.1 % |
Rent Per Month | Toronto Edit |
Caracas Edit | |
| Apartment (1 bedroom) in City Centre |
2,524.60 C$ (1,848.05 $) |
512.28 C$ (375.00 $) |
-79.7 % |
| Apartment (1 bedroom) Outside of Centre |
2,164.27 C$ (1,584.28 $) |
505.45 C$ (370.00 $) |
-76.6 % |
| Apartment (3 bedrooms) in City Centre |
4,436.51 C$ (3,247.59 $) |
1,188.50 C$ (870.00 $) |
-73.2 % |
| Apartment (3 bedrooms) Outside of Centre |
3,621.75 C$ (2,651.18 $) |
950.05 C$ (695.45 $) |
-73.8 % |
Buy Apartment Price | Toronto Edit |
Caracas Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,303.09 C$ (953.88 $) |
106.55 C$ (78.00 $) |
-91.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,019.91 C$ (746.59 $) |
155.92 C$ (114.14 $) |
-84.7 % |
Salaries And Financing | Toronto Edit |
Caracas Edit | |
| Average Monthly Net Salary (After Tax) |
4,752.90 C$ (3,479.20 $) |
255.35 C$ (186.92 $) |
-94.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 | 23.33 | +257.9 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 792 | 44 |
Moving to Toronto? Explore:
Moving to Caracas? Explore:
Cities near Toronto: | Cost of Living in Vaughan | 16.10 miles |
| Cost of Living in Richmond Hill | 22.87 miles |
| Cost of Living in Oakville | 25.57 miles |
| Cost of Living in Brampton | 27.62 miles |
| Cost of Living in Whitby, ON | 33.84 miles |
| Cost of Living in Burlington | 34.94 miles |
| Cost of Living in Oshawa | 35.88 miles |
| Cost of Living in Hamilton | 44.17 miles |
| Cost of Living in Guelph | 58.38 miles |
| Cost of Living in Cambridge | 60.12 miles |
Cities near Caracas: | Cost of Living in Baruta | 9.07 miles |
| Cost of Living in Los Teques | 21.81 miles |
| Cost of Living in Guatire | 38.36 miles |
| Cost of Living in Guarenas | 38.36 miles |
| Cost of Living in Maracay | 76.03 miles |
| Cost of Living in Valencia | 123.73 miles |
| Cost of Living in Acarigua | 227.18 miles |
| Cost of Living in Cabudare | 238.20 miles |
| Cost of Living in Barquisimeto | 239.29 miles |