Cost of Living Comparison Between Medellin and Caracas 
| Indices Difference |  |
|---|---|
| Consumer Prices in Caracas are 31.5% higher than in Medellin (without rent) | |
| Consumer Prices Including Rent in Caracas are 21.2% higher than in Medellin | |
| Rent Prices in Caracas are 9.3% lower than in Medellin | |
| Restaurant Prices in Caracas are 80.8% higher than in Medellin | |
| Groceries Prices in Caracas are 31.2% higher than in Medellin | |
| Local Purchasing Power in Caracas is 64.4% lower than in Medellin | |
Restaurants | Medellin Edit |
Caracas Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
22,000.00 Col$ (5.55 $) |
39,652.39 Col$ (10.00 $) |
+80.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
110,000.00 Col$ (27.74 $) |
237,914.31 Col$ (60.00 $) |
+116.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
25,000.00 Col$ (6.30 $) |
41,635.00 Col$ (10.50 $) |
+66.5 % |
| Domestic Beer (1 pint draught) |
5,000.00 Col$ (1.26 $) |
5,947.86 Col$ (1.50 $) |
+19.0 % |
| Imported Beer (12 oz small bottle) |
11,500.00 Col$ (2.90 $) |
11,895.72 Col$ (3.00 $) |
+3.4 % |
| Cappuccino (regular) |
6,205.67 Col$ (1.57 $) |
8,795.62 Col$ (2.22 $) |
+41.7 % |
| Coke/Pepsi (12 oz small bottle) |
3,772.10 Col$ (0.95 $) |
5,162.61 Col$ (1.30 $) |
+36.9 % |
| Water (12 oz small bottle) |
2,757.25 Col$ (0.70 $) |
3,808.16 Col$ (0.96 $) |
+38.1 % |
Markets | Medellin Edit |
Caracas Edit | |
| Milk (regular), (1 gallon) |
16,589.19 Col$ (4.18 $) |
29,340.22 Col$ (7.40 $) |
+76.9 % |
| Loaf of Fresh White Bread (1 lb) |
4,629.61 Col$ (1.17 $) |
8,546.37 Col$ (2.16 $) |
+84.6 % |
| Rice (white), (1 lb) |
2,204.14 Col$ (0.56 $) |
2,321.26 Col$ (0.59 $) |
+5.3 % |
| Eggs (regular) (12) |
8,390.33 Col$ (2.12 $) |
9,827.53 Col$ (2.48 $) |
+17.1 % |
| Local Cheese (1 lb) |
8,972.20 Col$ (2.26 $) |
13,056.31 Col$ (3.29 $) |
+45.5 % |
| Chicken Fillets (1 lb) |
10,587.36 Col$ (2.67 $) |
11,231.59 Col$ (2.83 $) |
+6.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17,840.03 Col$ (4.50 $) |
13,166.32 Col$ (3.32 $) |
-26.2 % |
| Apples (1 lb) |
4,135.86 Col$ (1.04 $) |
8,509.40 Col$ (2.15 $) |
+105.7 % |
| Banana (1 lb) |
1,662.13 Col$ (0.42 $) |
2,478.08 Col$ (0.62 $) |
+49.1 % |
| Oranges (1 lb) |
2,134.51 Col$ (0.54 $) |
3,687.14 Col$ (0.93 $) |
+72.7 % |
| Tomato (1 lb) |
2,553.99 Col$ (0.64 $) |
3,120.52 Col$ (0.79 $) |
+22.2 % |
| Potato (1 lb) |
2,028.61 Col$ (0.51 $) |
3,398.48 Col$ (0.86 $) |
+67.5 % |
| Onion (1 lb) |
2,120.21 Col$ (0.53 $) |
3,351.29 Col$ (0.85 $) |
+58.1 % |
| Lettuce (1 head) |
3,313.95 Col$ (0.84 $) |
3,965.24 Col$ (1.00 $) |
+19.7 % |
| Water (1.5 liter bottle) |
3,122.73 Col$ (0.79 $) |
5,731.57 Col$ (1.45 $) |
+83.5 % |
| Bottle of Wine (Mid-Range) |
40,000.00 Col$ (10.09 $) |
35,687.15 Col$ (9.00 $) |
-10.8 % |
| Domestic Beer (0.5 liter bottle) |
4,566.88 Col$ (1.15 $) |
5,741.59 Col$ (1.45 $) |
+25.7 % |
| Imported Beer (12 oz small bottle) |
7,847.83 Col$ (1.98 $) |
7,710.19 Col$ (1.94 $) |
-1.8 % |
| Cigarettes 20 Pack (Marlboro) |
9,000.00 Col$ (2.27 $) |
12,887.03 Col$ (3.25 $) |
+43.2 % |
Transportation | Medellin Edit |
Caracas Edit | |
| One-way Ticket (Local Transport) |
2,925.00 Col$ (0.74 $) |
1,982.62 Col$ (0.50 $) |
-32.2 % |
| Monthly Pass (Regular Price) |
200,000.00 Col$ (50.44 $) |
118,957.16 Col$ (30.00 $) |
-40.5 % |
| Taxi Start (Normal Tariff) |
5,200.00 Col$ (1.31 $) |
19,826.19 Col$ (5.00 $) |
+281.3 % |
| Taxi 1 mile (Normal Tariff) |
12,874.76 Col$ (3.25 $) |
12,762.87 Col$ (3.22 $) |
-0.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
30,000.00 Col$ (7.57 $) |
39,652.39 Col$ (10.00 $) |
+32.2 % |
| Gasoline (1 gallon) |
13,807.27 Col$ (3.48 $) |
7,505.03 Col$ (1.89 $) |
-45.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
78,000,000.00 Col$ (19,670.95 $) |
126,887,632.61 Col$ (32,000.00 $) |
+62.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
109,289,525.50 Col$ (27,561.90 $) |
151,811,989.01 Col$ (38,285.71 $) |
+38.9 % |
Utilities (Monthly) | Medellin Edit |
Caracas Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
309,926.14 Col$ (78.16 $) |
54,243.22 Col$ (13.68 $) |
-82.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
39,032.24 Col$ (9.84 $) |
59,478.58 Col$ (15.00 $) |
+52.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
96,050.90 Col$ (24.22 $) |
173,479.19 Col$ (43.75 $) |
+80.6 % |
Sports And Leisure | Medellin Edit |
Caracas Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
104,665.82 Col$ (26.40 $) |
228,902.41 Col$ (57.73 $) |
+118.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
55,000.00 Col$ (13.87 $) |
53,530.72 Col$ (13.50 $) |
-2.7 % |
| Cinema, International Release, 1 Seat |
15,000.00 Col$ (3.78 $) |
19,826.19 Col$ (5.00 $) |
+32.2 % |
Childcare | Medellin Edit |
Caracas Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
861,250.00 Col$ (217.20 $) |
326,306.09 Col$ (82.29 $) |
-62.1 % |
| International Primary School, Yearly for 1 Child |
25,250,000.00 Col$ (6,367.84 $) |
18,715,925.81 Col$ (4,720.00 $) |
-25.9 % |
Clothing And Shoes | Medellin Edit |
Caracas Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
213,413.10 Col$ (53.82 $) |
199,787.02 Col$ (50.38 $) |
-6.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
152,352.94 Col$ (38.42 $) |
165,548.71 Col$ (41.75 $) |
+8.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
340,000.00 Col$ (85.75 $) |
375,045.48 Col$ (94.58 $) |
+10.3 % |
| 1 Pair of Men Leather Business Shoes |
323,043.65 Col$ (81.47 $) |
278,648.13 Col$ (70.27 $) |
-13.7 % |
Rent Per Month | Medellin Edit |
Caracas Edit | |
| Apartment (1 bedroom) in City Centre |
1,801,249.52 Col$ (454.26 $) |
1,427,485.87 Col$ (360.00 $) |
-20.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,389,881.99 Col$ (350.52 $) |
1,351,785.86 Col$ (340.91 $) |
-2.7 % |
| Apartment (3 bedrooms) in City Centre |
3,317,222.60 Col$ (836.58 $) |
3,172,190.82 Col$ (800.00 $) |
-4.4 % |
| Apartment (3 bedrooms) Outside of Centre |
2,960,834.35 Col$ (746.70 $) |
2,636,883.62 Col$ (665.00 $) |
-10.9 % |
Buy Apartment Price | Medellin Edit |
Caracas Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
654,892.49 Col$ (165.16 $) |
309,281.03 Col$ (78.00 $) |
-52.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
567,942.52 Col$ (143.23 $) |
452,580.71 Col$ (114.14 $) |
-20.3 % |
Salaries And Financing | Medellin Edit |
Caracas Edit | |
| Average Monthly Net Salary (After Tax) |
1,680,133.00 Col$ (423.72 $) |
725,072.19 Col$ (182.86 $) |
-56.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.23 | 26.67 | +87.4 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 118 | 41 |
Moving to Medellin? Explore:
Moving to Caracas? Explore:
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| Cost of Living in Guarenas | 38.36 miles |
| Cost of Living in Maracay | 76.03 miles |
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| Cost of Living in Barquisimeto | 239.29 miles |