Cost of Living Comparison Between Montevideo and Caracas 

Indices DifferenceInfo
Consumer Prices in Caracas are 23.7% lower than in Montevideo (without rent)
Consumer Prices Including Rent in Caracas are 23.2% lower than in Montevideo
Rent Prices in Caracas are 21.5% lower than in Montevideo
Restaurant Prices in Caracas are 14.5% lower than in Montevideo
Groceries Prices in Caracas are 18.9% 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
(14.23 $)
386.39 $U
(10.00 $)
     -29.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 $U
(51.76 $)
2,318.33 $U
(60.00 $)
     +15.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 400.00 $U
(10.35 $)
425.03 $U
(11.00 $)
     +6.3 %
Domestic Beer (1 pint draught) 130.00 $U
(3.36 $)
57.96 $U
(1.50 $)
     -55.4 %
Imported Beer (12 oz small bottle) 150.00 $U
(3.88 $)
115.92 $U
(3.00 $)
     -22.7 %
Cappuccino (regular) 161.21 $U
(4.17 $)
91.08 $U
(2.36 $)
     -43.5 %
Coke/Pepsi (12 oz small bottle) 86.41 $U
(2.24 $)
50.39 $U
(1.30 $)
     -41.7 %
Water (12 oz small bottle) 64.91 $U
(1.68 $)
37.40 $U
(0.97 $)
     -42.4 %
Markets
Montevideo Edit Caracas Edit
Milk (regular), (1 gallon) 168.97 $U
(4.37 $)
287.62 $U
(7.44 $)
     +70.2 %
Loaf of Fresh White Bread (1 lb) 102.26 $U
(2.65 $)
79.85 $U
(2.07 $)
     -21.9 %
Rice (white), (1 lb) 27.70 $U
(0.72 $)
22.66 $U
(0.59 $)
     -18.2 %
Eggs (regular) (12) 176.59 $U
(4.57 $)
96.96 $U
(2.51 $)
     -45.1 %
Local Cheese (1 lb) 215.54 $U
(5.58 $)
127.23 $U
(3.29 $)
     -41.0 %
Chicken Fillets (1 lb) 173.89 $U
(4.50 $)
109.45 $U
(2.83 $)
     -37.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 184.96 $U
(4.79 $)
128.30 $U
(3.32 $)
     -30.6 %
Apples (1 lb) 41.77 $U
(1.08 $)
82.92 $U
(2.15 $)
     +98.5 %
Banana (1 lb) 45.32 $U
(1.17 $)
24.15 $U
(0.62 $)
     -46.7 %
Oranges (1 lb) 28.21 $U
(0.73 $)
35.93 $U
(0.93 $)
     +27.4 %
Tomato (1 lb) 52.53 $U
(1.36 $)
30.41 $U
(0.79 $)
     -42.1 %
Potato (1 lb) 32.97 $U
(0.85 $)
33.12 $U
(0.86 $)
     +0.5 %
Onion (1 lb) 31.49 $U
(0.82 $)
32.66 $U
(0.85 $)
     +3.7 %
Lettuce (1 head) 49.62 $U
(1.28 $)
38.64 $U
(1.00 $)
     -22.1 %
Water (1.5 liter bottle) 66.82 $U
(1.73 $)
57.57 $U
(1.49 $)
     -13.8 %
Bottle of Wine (Mid-Range) 300.00 $U
(7.76 $)
347.75 $U
(9.00 $)
     +15.9 %
Domestic Beer (0.5 liter bottle) 92.74 $U
(2.40 $)
57.59 $U
(1.49 $)
     -37.9 %
Imported Beer (12 oz small bottle) 130.16 $U
(3.37 $)
71.91 $U
(1.86 $)
     -44.8 %
Cigarettes 20 Pack (Marlboro) 200.00 $U
(5.18 $)
125.58 $U
(3.25 $)
     -37.2 %
Transportation
Montevideo Edit Caracas Edit
One-way Ticket (Local Transport) 52.00 $U
(1.35 $)
19.32 $U
(0.50 $)
     -62.8 %
Monthly Pass (Regular Price) 1,800.00 $U
(46.59 $)
1,159.17 $U
(30.00 $)
     -35.6 %
Taxi Start (Normal Tariff) 65.00 $U
(1.68 $)
193.19 $U
(5.00 $)
     +197.2 %
Taxi 1 mile (Normal Tariff) 160.93 $U
(4.17 $)
124.37 $U
(3.22 $)
     -22.7 %
Taxi 1hour Waiting (Normal Tariff) 450.00 $U
(11.65 $)
386.39 $U
(10.00 $)
     -14.1 %
Gasoline (1 gallon) 289.27 $U
(7.49 $)
73.13 $U
(1.89 $)
     -74.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,598,616.00 $U
(41,373.24 $)
1,294,402.61 $U
(33,500.00 $)
     -19.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,492,556.80 $U
(38,628.36 $)
1,532,675.73 $U
(39,666.67 $)
     +2.7 %
Utilities (Monthly)
Montevideo Edit Caracas Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 5,509.80 $U
(142.60 $)
528.57 $U
(13.68 $)
     -90.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 641.88 $U
(16.61 $)
579.58 $U
(15.00 $)
     -9.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 1,684.75 $U
(43.60 $)
1,633.37 $U
(42.27 $)
     -3.0 %
Sports And Leisure
Montevideo Edit Caracas Edit
Fitness Club, Monthly Fee for 1 Adult 2,378.56 $U
(61.56 $)
2,230.52 $U
(57.73 $)
     -6.2 %
Tennis Court Rent (1 Hour on Weekend) 905.10 $U
(23.42 $)
521.62 $U
(13.50 $)
     -42.4 %
Cinema, International Release, 1 Seat 410.00 $U
(10.61 $)
193.19 $U
(5.00 $)
     -52.9 %
Childcare
Montevideo Edit Caracas Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 15,083.33 $U
(390.37 $)
3,662.64 $U
(94.79 $)
     -75.7 %
International Primary School, Yearly for 1 Child 331,175.00 $U
(8,571.03 $)
182,375.53 $U
(4,720.00 $)
     -44.9 %
Clothing And Shoes
Montevideo Edit Caracas Edit
1 Pair of Jeans (Levis 501 Or Similar) 3,900.00 $U
(100.93 $)
1,915.84 $U
(49.58 $)
     -50.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,700.66 $U
(44.01 $)
1,613.17 $U
(41.75 $)
     -5.1 %
1 Pair of Nike Running Shoes (Mid-Range) 4,453.38 $U
(115.26 $)
3,654.59 $U
(94.58 $)
     -17.9 %
1 Pair of Men Leather Business Shoes 4,599.73 $U
(119.04 $)
2,754.95 $U
(71.30 $)
     -40.1 %
Rent Per Month
Montevideo Edit Caracas Edit
Apartment (1 bedroom) in City Centre 23,544.51 $U
(609.35 $)
14,489.58 $U
(375.00 $)
     -38.5 %
Apartment (1 bedroom) Outside of Centre 17,755.34 $U
(459.52 $)
14,296.39 $U
(370.00 $)
     -19.5 %
Apartment (3 bedrooms) in City Centre 40,097.92 $U
(1,037.76 $)
33,615.83 $U
(870.00 $)
     -16.2 %
Apartment (3 bedrooms) Outside of Centre 32,334.37 $U
(836.83 $)
26,871.59 $U
(695.45 $)
     -16.9 %
Buy Apartment Price
Montevideo Edit Caracas Edit
Price per Square Feet to Buy Apartment in City Centre 9,085.91 $U
(235.15 $)
3,013.76 $U
(78.00 $)
     -66.8 %
Price per Square Feet to Buy Apartment Outside of Centre 7,541.64 $U
(195.18 $)
4,410.13 $U
(114.14 $)
     -41.5 %
Salaries And Financing
Montevideo Edit Caracas Edit
Average Monthly Net Salary (After Tax) 49,818.06 $U
(1,289.32 $)
7,222.50 $U
(186.92 $)
     -85.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 23.33      +256.6 %
Last update: May 2024April 2024
Contributors in the past 12 months:10642