Cost of Living Comparison Between Caracas and Nicosia 

Indices DifferenceInfo
Consumer Prices in Nicosia are 25.7% higher than in Caracas (without rent)
Consumer Prices Including Rent in Nicosia are 32.7% higher than in Caracas
Rent Prices in Nicosia are 62.4% higher than in Caracas
Restaurant Prices in Nicosia are 17.8% higher than in Caracas
Groceries Prices in Nicosia are 12.7% higher than in Caracas
Local Purchasing Power in Nicosia is 530.8% higher than in Caracas
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Caracas Edit Nicosia Edit Difference
Meal, Inexpensive Restaurant 10.00 $
(9.35 €)
12.83 $
(12.00 €)
     +28.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 $
(56.10 €)
64.17 $
(60.00 €)
     +6.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.50 $
(9.82 €)
7.49 $
(7.00 €)
     -28.7 %
Domestic Beer (1 pint draught) 1.50 $
(1.40 €)
4.28 $
(4.00 €)
     +185.2 %
Imported Beer (12 oz small bottle) 3.00 $
(2.81 €)
5.35 $
(5.00 €)
     +78.2 %
Cappuccino (regular) 2.22 $
(2.07 €)
3.62 $
(3.38 €)
     +63.0 %
Coke/Pepsi (12 oz small bottle) 1.32 $
(1.23 €)
1.62 $
(1.51 €)
     +22.9 %
Water (12 oz small bottle) 0.96 $
(0.90 €)
0.83 $
(0.78 €)
     -13.2 %
Markets
Caracas Edit Nicosia Edit
Milk (regular), (1 gallon) 7.40 $
(6.92 €)
6.46 $
(6.04 €)
     -12.7 %
Loaf of Fresh White Bread (1 lb) 2.16 $
(2.02 €)
1.75 $
(1.63 €)
     -18.9 %
Rice (white), (1 lb) 0.59 $
(0.55 €)
1.06 $
(0.99 €)
     +81.1 %
Eggs (regular) (12) 2.48 $
(2.32 €)
3.42 $
(3.20 €)
     +38.1 %
Local Cheese (1 lb) 3.29 $
(3.08 €)
5.41 $
(5.05 €)
     +64.2 %
Chicken Fillets (1 lb) 2.83 $
(2.65 €)
3.87 $
(3.62 €)
     +36.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.32 $
(3.10 €)
4.97 $
(4.65 €)
     +49.7 %
Apples (1 lb) 2.15 $
(2.01 €)
1.31 $
(1.22 €)
     -39.0 %
Banana (1 lb) 0.62 $
(0.58 €)
0.88 $
(0.82 €)
     +40.8 %
Oranges (1 lb) 0.93 $
(0.87 €)
0.92 $
(0.86 €)
     -0.9 %
Tomato (1 lb) 0.79 $
(0.74 €)
1.21 $
(1.13 €)
     +53.6 %
Potato (1 lb) 0.86 $
(0.80 €)
0.63 $
(0.59 €)
     -26.5 %
Onion (1 lb) 0.85 $
(0.79 €)
0.51 $
(0.48 €)
     -39.1 %
Lettuce (1 head) 1.00 $
(0.94 €)
0.46 $
(0.43 €)
     -54.2 %
Water (1.5 liter bottle) 1.45 $
(1.35 €)
0.94 $
(0.88 €)
     -34.9 %
Bottle of Wine (Mid-Range) 9.00 $
(8.42 €)
7.49 $
(7.00 €)
     -16.8 %
Domestic Beer (0.5 liter bottle) 1.45 $
(1.35 €)
1.75 $
(1.64 €)
     +21.1 %
Imported Beer (12 oz small bottle) 1.94 $
(1.82 €)
3.25 $
(3.04 €)
     +67.1 %
Cigarettes 20 Pack (Marlboro) 3.25 $
(3.04 €)
5.35 $
(5.00 €)
     +64.5 %
Transportation
Caracas Edit Nicosia Edit
One-way Ticket (Local Transport) 0.50 $
(0.47 €)
2.57 $
(2.40 €)
     +413.3 %
Monthly Pass (Regular Price) 30.00 $
(28.05 €)
53.47 $
(50.00 €)
     +78.2 %
Taxi Start (Normal Tariff) 5.00 $
(4.68 €)
3.74 $
(3.50 €)
     -25.1 %
Taxi 1 mile (Normal Tariff) 3.22 $
(3.01 €)
1.72 $
(1.61 €)
     -46.5 %
Taxi 1hour Waiting (Normal Tariff) 10.00 $
(9.35 €)
53.47 $
(50.00 €)
     +434.7 %
Gasoline (1 gallon) 1.89 $
(1.77 €)
5.64 $
(5.27 €)
     +198.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 $
(29,921.92 €)
26,682.78 $
(24,950.00 €)
     -16.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 38,285.71 $
(35,799.44 €)
28,536.49 $
(26,683.33 €)
     -25.5 %
Utilities (Monthly)
Caracas Edit Nicosia Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 13.68 $
(12.79 €)
201.18 $
(188.12 €)
     +1,370.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.00 $
(14.03 €)
22.37 $
(20.92 €)
     +49.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 43.75 $
(40.91 €)
29.14 $
(27.25 €)
     -33.4 %
Sports And Leisure
Caracas Edit Nicosia Edit
Fitness Club, Monthly Fee for 1 Adult 57.73 $
(53.98 €)
65.63 $
(61.36 €)
     +13.7 %
Tennis Court Rent (1 Hour on Weekend) 13.50 $
(12.62 €)
21.39 $
(20.00 €)
     +58.4 %
Cinema, International Release, 1 Seat 5.00 $
(4.68 €)
10.69 $
(10.00 €)
     +113.9 %
Childcare
Caracas Edit Nicosia Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 82.29 $
(76.95 €)
396.77 $
(371.00 €)
     +382.1 %
International Primary School, Yearly for 1 Child 4,720.00 $
(4,413.48 €)
7,204.22 $
(6,736.38 €)
     +52.6 %
Clothing And Shoes
Caracas Edit Nicosia Edit
1 Pair of Jeans (Levis 501 Or Similar) 50.38 $
(47.11 €)
77.83 $
(72.78 €)
     +54.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.75 $
(39.04 €)
33.51 $
(31.33 €)
     -19.7 %
1 Pair of Nike Running Shoes (Mid-Range) 94.58 $
(88.44 €)
80.21 $
(75.00 €)
     -15.2 %
1 Pair of Men Leather Business Shoes 70.27 $
(65.71 €)
95.36 $
(89.17 €)
     +35.7 %
Rent Per Month
Caracas Edit Nicosia Edit
Apartment (1 bedroom) in City Centre 360.00 $
(336.62 €)
678.17 $
(634.13 €)
     +88.4 %
Apartment (1 bedroom) Outside of Centre 340.91 $
(318.77 €)
558.41 $
(522.14 €)
     +63.8 %
Apartment (3 bedrooms) in City Centre 800.00 $
(748.05 €)
1,262.51 $
(1,180.53 €)
     +57.8 %
Apartment (3 bedrooms) Outside of Centre 665.00 $
(621.81 €)
1,017.76 $
(951.67 €)
     +53.0 %
Buy Apartment Price
Caracas Edit Nicosia Edit
Price per Square Feet to Buy Apartment in City Centre 78.00 $
(72.93 €)
191.26 $
(178.84 €)
     +145.2 %
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $
(106.73 €)
174.86 $
(163.51 €)
     +53.2 %
Salaries And Financing
Caracas Edit Nicosia Edit
Average Monthly Net Salary (After Tax) 182.86 $
(170.98 €)
1,530.20 $
(1,430.83 €)
     +736.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 26.67 3.60      -86.5 %
Last update: April 2024April 2024
Contributors in the past 12 months:4077