Cost of Living in Caracas

Summary of cost of living in Caracas, Venezuela:

  • The estimated monthly costs for a family of four are $2,933.5, excluding rent (using our estimator).
  • The estimated monthly costs for a single person are $766.0, excluding rent.
  • Caracas is 54.1% less expensive than New York (excluding rent, see our cost of living index).
  • Rent in Caracas is, on average, 86.3% lower than in New York.
Restaurants
Edit Range
Meal at an Inexpensive Restaurant $10.00 6.00-25.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) $65.00 35.00-100.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) $10.00 9.00-12.00
Domestic Draft Beer (1 Pint) $1.50 1.00-3.00
Imported Beer (12 oz Small Bottle) $3.00 2.00-6.00
Cappuccino (Regular Size) $3.21 1.50-6.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) $1.33 1.00-2.50
Bottled Water (12 oz) $1.18 1.00-2.00
Markets
Edit
Milk (Regular, 1 Liter) $2.46 1.70-3.65
Fresh White Bread (1 lb Loaf) $2.27 0.91-3.63
White Rice (1 lb) $0.79 0.45-1.13
Eggs (12, Large Size) $4.26 2.00-8.10
Local Cheese (1 lb) $4.28 2.88-7.71
Chicken Fillets (1 lb) $4.10 2.72-5.90
Beef Round or Equivalent Back Leg Red Meat (1 lb) $4.68 3.40-6.80
Apples (1 lb) $3.12 1.13-4.54
Bananas (1 lb) $0.81 0.45-1.36
Oranges (1 lb) $0.98 0.45-2.27
Tomatoes (1 lb) $1.05 0.54-1.96
Potatoes (1 lb) $1.06 0.45-1.36
Onions (1 lb) $0.99 0.59-1.63
Lettuce (1 Head) $1.58 0.75-2.00
Bottled Water (50 oz) $2.34 1.50-4.00
Bottle of Wine (Mid-Range) $11.00 6.00-18.00
Domestic Beer (16.9 oz Bottle) $1.45 0.80-2.00
Imported Beer (12 oz Small Bottle) $2.00 1.25-3.00
Cigarettes (Pack of 20, Marlboro) $4.58 4.00-5.00
Transportation
Edit
One-Way Ticket (Local Transport) $0.50 0.22-1.00
Monthly Public Transport Pass (Regular Price) $30.00 25.00-35.00
Taxi Start (Standard Tariff) $5.50 5.00-10.00
Taxi 1 mile (Standard Tariff) $4.43 3.22-8.05
Taxi 1 Hour Waiting (Standard Tariff) $15.00 10.00-25.00
Gasoline (1 Liter) $0.68 0.50-0.84
Volkswagen Golf 1.5 (or Equivalent New Compact Car) $25,000.00 22,000.00-30,000.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) $38,062.50 35,000.00-42,000.00
Utilities (Monthly)
Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) $20.20 15.00-50.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) $10.59 10.00-15.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher) $36.99 25.00-50.00
Sports And Leisure
Edit
Monthly Fitness Club Membership $63.75 25.00-100.00
Tennis Court Rental (1 Hour, Weekend) $17.50 10.00-25.00
Cinema Ticket (International Release) $6.50 5.00-10.00
Childcare
Edit
Private Full-Day Preschool or Kindergarten, Monthly Fee per Child $160.00 100.00-260.00
International Primary School, Annual Tuition per Child $6,360.00 3,000.00-10,000.00
Clothing And Shoes
Edit
Jeans (Levi's 501 or Similar) $72.10 25.00-120.00
Summer Dress in a Chain Store (e.g. Zara or H&M) $42.48 25.00-80.00
Nike Running Shoes (Mid-Range) $120.85 60.00-250.00
Men's Leather Business Shoes $120.88 75.00-250.00
Rent Per Month
Edit
1 Bedroom Apartment in City Centre $569.36 400.00-950.00
1 Bedroom Apartment Outside of City Centre $440.91 250.00-850.00
3 Bedroom Apartment in City Centre $1,101.69 650.00-2,000.00
3 Bedroom Apartment Outside of City Centre $927.78 650.00-1,300.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre $136.75 83.61-185.80
Price per Square Feet to Buy Apartment Outside of Centre $63.02 46.45-85.28
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) $303.55
Annual Mortgage Interest Rate (20-Year Fixed, in %) 22.00 12.00-60.00

Prices in Caracas

This city had 635 entries in the past 12 months by 40 different contributors.
Last update: 4 May 2026
Sources and References
Distribution of Expenses Using Our Statistical Model:
Salary Calculator:Got a job offer in Caracas? Estimate your take-home pay with our Salary Calculator for Caracas.
  
  
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

14 Comments so far
Farah on Oct 04, 2025:
It's October 2025 and I spend in my 1-person household about USD $1,200 a month. My necessities range from $300-$600 and my other personal expenses like debt, maintenance, emergencies, health, etc range from $200-$500, I spend the little left on fun and entertainment of takeout.
Anonymous on Aug 11, 2025:
Venezuelan citizens will burn with Maduro. Ah the smell of burning flesh throughout Venezuela is the perfect recipe.
jer on Jan 12, 2024:
Are you going to tell me that the quality of life in Caracas is even comparable to that of Montevideo, Buenos Aires or Bogotá? You're not even close. 4 million Venezuelans emigrated en masse to other Latin American countries in recent years, an infallible indicator of the terrifying conditions experienced in Venezuela.
Ricardo Zamora on Nov 21, 2023:
I met a Venezuelan nurse or a nursing aide back in 1971. I liked her very much. I hope she’s alive, she lived in Monticello, NY
Victor on Oct 17, 2023:
Why don't Venezuelans come together and demand better government?
Ed on Mar 16, 2023:
Venezuela has the biggest humanitarian crisis in the hemisphere, see the UN official numbers here -> https://data.unhcr.org/en/situations/vensit
Anonymous on Nov 25, 2022:
Venezuelans don't want Black Africans in their country.Just Walk down any street in Venezuela and find out.
Dawson on May 25, 2022:
Well, I think the cost of living in Venezuela is extremely low and for me a Nigerian to reside in that country will be a great advantage in terms of the currency. I think I should start thinking about investing heavily in to the Venezuelan economy
Miranda on May 16, 2022:
I guess this country might be a decent place to retire based on the scenery, but the economy is pretty beaten up. It would be livable with a pension, but there are probably other countries with good prices that might be a bit more livable. Some of the pictures I have seen are amazing though.
Anonymous on Nov 30, 2021:
Venezuela is a forgotten country other countries like Colombia and Peru are sending Venezuelans back by the many thousands because they contribute very little if anything at all except a financial burden upon other countries.
Anonymous on Mar 21, 2021:
I want to move to Caracas... $3 is insane for an oil producing country but I guess now everyone is equal and there is no rich!
Anonymous on Mar 14, 2021:
The average salary is around 3 dollars, not 300.
Anonymous on Jan 06, 2021:
There is lot of difference between your's and expatistan.
Danny Coulombe on Sep 01, 2020:
To the guy saying that there is no mention of Bitcoin, Dash or crypto currency.. dude, it's worth 5$ now, 1$ the next minute and 10$ the next after.. what are you expecting?