Cost of Living in Caracas

Summary about cost of living in Caracas, Venezuela:

Restaurants
[ Edit ] Range
Meal, Inexpensive Restaurant 10.00 $ 8.00-15.00
Meal for 2 People, Mid-range Restaurant, Three-course 55.00 $ 40.00-70.00
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 $ 7.00-9.00
Domestic Beer (1 pint draught) 1.40 $ 1.00-2.00
Imported Beer (12 oz small bottle) 2.95 $ 2.20-3.50
Cappuccino (regular) 1.70 $ 0.50-3.00
Coke/Pepsi (12 oz small bottle) 1.41 $ 1.00-2.00
Water (12 oz small bottle) 0.88 $ 0.50-1.50
Markets
[ Edit ]
Milk (regular), (1 gallon) 6.89 $ 4.54-9.46
Loaf of Fresh White Bread (1 lb) 1.65 $ 0.91-2.27
Rice (white), (1 lb) 0.59 $ 0.36-0.86
Eggs (regular) (12) 1.63 $ 0.96-2.40
Local Cheese (1 lb) 1.85 $ 0.91-3.18
Chicken Fillets (1 lb) 2.06 $ 0.91-3.27
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 1.96 $ 1.45-2.72
Apples (1 lb) 2.33 $ 1.13-2.72
Banana (1 lb) 0.48 $ 0.23-0.91
Oranges (1 lb) 0.57 $ 0.23-0.91
Tomato (1 lb) 0.62 $ 0.23-0.91
Potato (1 lb) 0.68 $ 0.23-0.91
Onion (1 lb) 0.57 $ 0.39-0.91
Lettuce (1 head) 1.25 $ 0.50-2.00
Water (1.5 liter bottle) 1.39 $ 0.75-2.00
Bottle of Wine (Mid-Range) 7.50 $ 5.00-22.00
Domestic Beer (0.5 liter bottle) 1.14 $ 0.70-1.52
Imported Beer (12 oz small bottle) 2.51 $ 1.80-3.00
Cigarettes 20 Pack (Marlboro) 3.00 $ 2.50-3.50
Transportation
[ Edit ]
One-way Ticket (Local Transport) 1.40 $ 0.20-3.00
Monthly Pass (Regular Price) 30.00 $ 30.00-30.00
Taxi Start (Normal Tariff) 3.50 $ 1.40-5.00
Taxi 1 mile (Normal Tariff) 4.02 $ 2.25-6.44
Taxi 1hour Waiting (Normal Tariff) 11.25 $ 7.00-20.00
Gasoline (1 gallon) 2.12 $ 1.89-3.41
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 61,500.00 $ 61,000.00-62,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,200.00 $ 29,000.00-43,000.00
Utilities (Monthly)
[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 17.27 $ 10.00-25.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.02 $ 0.01-0.02
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 9.70 $ 5.00-15.00
Sports And Leisure
[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 28.25 $ 20.00-34.00
Tennis Court Rent (1 Hour on Weekend) 16.83 $ 5.00-30.00
Cinema, International Release, 1 Seat 5.00 $ 4.00-14.00
Childcare
[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 89.33 $ 60.00-150.00
International Primary School, Yearly for 1 Child 12,600.00 $ 5,400.00-30,000.00
Clothing And Shoes
[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 44.29 $ 25.00-60.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.83 $ 20.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 73.57 $ 50.00-100.00
1 Pair of Men Leather Business Shoes 127.43 $ 60.00-190.00
Rent Per Month
[ Edit ]
Apartment (1 bedroom) in City Centre 351.25 $ 200.00-500.00
Apartment (1 bedroom) Outside of Centre 301.11 $ 200.00-600.00
Apartment (3 bedrooms) in City Centre 605.56 $ 400.00-900.00
Apartment (3 bedrooms) Outside of Centre 527.78 $ 300.00-800.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 93.12 $ 55.74-120.77
Price per Square Feet to Buy Apartment Outside of Centre 78.30 $ 65.03-88.26
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 300.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.93 12.00-29.00

Prices in Caracas

This city had 856 entries in the past 12 months by 42 different contributors.
Last update: November 2020
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26 Comments so far
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?
Anonymous on Jan 19, 2020:
What surprises me actually is no mention of Bitcoin, Dash or crypto currency
Anonymous on Jan 19, 2020:
They don't even pay utilities! Unlike here in California ...
Anonymous on Mar 14, 2019:
Caracas is extremely dangerous even exiting or entering the airport.
Anonymous on Jan 19, 2019:
Too bad Caracas is so messed up and it'll never rebound.Numbeo you're wasting your time even giving general prices for Venezuela.Who else would want to live there, especially when the locals don't?Think about it logically.
Portokalia on Mar 14, 2018:
what I don't get is why all you people who keep saying the prices are wrong don't just fill in the correct information. you don't even have to be registered, or give a name or anything. it literally takes less than 5 minutes (That's how long it took me to put in info about my town). you don't even have to fill in all the blanks, just what you know.
desertt on Feb 03, 2018:
hello, is 800-1000$ enough for one month in Caracas or another city? (rent,food etc..)
and how about safety?
Real ye good guy on Jan 30, 2018:
The REAL cost of living here is your life. The second you enter the city your life is in grave danger. Don't go unless you want to die
Kate on Jan 04, 2018:
Does anybody here knows how much a competitive salary for home-based call center agents? If you were to work from home through the internet. How much are you willing to get paid? Let's say you're living in Caracas.

Your replies would be a great help.

Thanks!
Kate on Jan 04, 2018:
Hello!

How much do you think is the salary of home-based call center agents in Caracas?
Anonymous on Jan 01, 2018:
You have to price things in dollars since the black market rate for the Bolivar is so much higher than the official rate. Right now (Jan.1, 2018) the black market rate, which everyone uses, is 112,000, or One Hundred an Twelve Thousand Bolivars to the DOllar.

In the past couple of months it was extremely cheap to buy things if you had dollars, though a lot of commodities are very scarce, especially imported items. Things are getting increasingly scarce which is inflating the price for anything bought at a Supermarket & etc., even if you use dollars. There are a lot of empty shelves.
gordon on Nov 08, 2017:
The exchange rate in the "market" is 49,000 Bolivars to the $1.00. Using this exchange rate, there is either very very low cost of living provided one candy at subsidized government stores. Otherwise, it is invaluable, inflation of well over 1000% this year making it safer as an investment to purchase rice and beans and store them as a commodity to trade. The country defaulted on its international debt today making the COL calculation even more difficult.
Miguel on Nov 06, 2017:
It's virtually impossible to keep these data updated for Venezuela. Whatever you see here, it's probably already cheaper in US$, but at the same time more expensive in local currency, with the exception of a few regulated/subsidized products, like gasoline, which right now is around less than 1 cent (USD) for 50 liters, and that's the expensive kind (95 octane). The cheap kind is 91 octane, and 1 USD will buy you a whole truckload (40,000 liters).
Moises on Oct 16, 2017:
Im from Venezuela. We are going through a Hyperinflation caused by terrible economics measures and price restrictions taken by the president, while the goverment still have a currency restriction, the parallel market is today at 31000Bs per $ and the official market has stopped with a promise of creating a new economic model based on the Yuan, Euro and Rupie. Today minimun wage is about 13$-15$ approximetly. Believe me you dont want to live here unless your income is in $.
Alelsandar on Oct 01, 2017:
Hahahaha... Wow.. Im amazed how cheap everything is. Fo sure i will move in Venezuela soon.
Michael Wallen on Jul 24, 2017:
Cost VENEZUELA
Read with Great interest!
Foreigner living here 5 years!
Before Much better rate relatively speaking!
How can U My brothers here get your ca$h over here?
Banks or crédit cards can Not be used!
DHL?
Last DolarToday Was €10.197 & $8.900!
So how Much Pay the CCS street banqueros?
Best!
Mike
Juan on Jul 13, 2017:
This page is terrible wrong, it has not been updated since how many years 5?6?...Gasoline yes is next to free, every thing else is sky high, with currency restriction there are three legal and one real exchange rate, legal the most you get 2600.00, but when you pay for anything it is at street dollar of 8000 wich is ilegal by the way, come on eggs are sold for 15000.00, visit a doctor its 100000.00, medicine if you find it even worse. They are cuoting sites that don't even show prices anymore. By the way Google financial has not published Venezuelan exchange rate since 2008. and all other serious site guesstimate the rate. The thing is people earn in Bs. eat with Bs. live if they can with Bs. Privileged few have hard currency and play with black market exchange rates, Dollars to Bolivares is great, but paying Bolivares to Dollars is hell, seen from that perspective this is one of the most expensive places in the world to live where only two things are cheap, gas and life, here people are dyin' for the lack of the most esencial commodities in health, medicine, food and security.
Carlos V on Jun 27, 2017:
Hello, I'm writing this just to clear up things a little, and help possible visitors.

1) The information above is wrong. The country is currently so mess up that I cannot blame the website for their information, you need to live here to understand. It's much cheaper to live here (but live quality is poor).
2) In Venezuela is not possible exchange local currency (Bs) with USD or viceversa, there is a gov restriction on that, which generated a black market for currency (Everybody wants USD, so the price is high). There is a legal way to exchange but its very complicated and pay less than 25% of the real exchange rate defined by the black market (let's call the black market dolartoday.com). Currently Jun-2017 in the black market 1 USD = 8000 Bs, and currently the gov is buying 1 USD and gives you 2000Bs.
3) As the black market dollar changes everyday, its very hard to keep the prices updated, sometimes they are almost free (Thinking with USD in hand)... other times they are just Ok, and just a few times they are too high for a world standard.
Some Examples (for today):
2L Cocacola = 7000Bs (Less than 1 USD)
Dinner for 2 Person, informal rest = About 35000Bs (About 4.38 USD)
Dinner for 2 persons, formal and nice rest = 72000Bs (about 9 USD)
Fill the tank with gas = About 500Bs (about 6 cents... No joke)
A nice apartment (About 40000 to 100000 USD)
1Kg of chicken breast (About 20000Bs, 2.5 USD),
Local Phone service including internet (700Bs, about 0.1 USD!, yah I know...)
Directv with premium channels (about 2 USD)
A complete groceries cart with cleaning stuff, food, and all... less than 250 USD. Many people survive here with 30 USD per month!.
Many things are not produced here, like Green apple, so its expensive because come from other countries. However stuff that is produced here is cheap, like 1 Lb of avocado in 0.25 USD (Again, worldwide thinking), for local citizen they seem just OK, or even expensive.

By the way, if you come here and wonder how to exchange, ask a tour guide, hotel reps, or airport fellows. Check dolartoday to have a sense of the exchange rate. Be very careful, insecurity is currently a big concern (Don't trust the authority, some of them are good, but unfortunately many of them are not).

Of course there are also save places to live and enjoy, landscape and weather is nice here, just that you need someone to show you the green and red zones, and stay in the green.

Hope this helps!
Ricardo Clark on Jun 18, 2017:
Absolutely wrong! Your cost of living compilation is way out of reality. I will built a more realistic list based in the real exchange rate ( black market)
Venezuela might be the cheapest country in the world if you calculate the black market exchange rate. But keep in mind the standard of live is also one of the lowest in the world. The main concern is the insecurity in the street where your principal enemy might be the police.
I will write more about this issues. next time. Will you send an spread sheet to fill up the information?
Anonymous on May 21, 2017:
From reading the comments I see that above mentioned prices are not correct.
How much in $ actually cost price of sqare meter to buy apartment in the city center of Caracas?
Jimmy on Apr 12, 2017:
I do NOT understand this;

Avarage monthly salary is 30 USD.

A kilo of apple is 4 USD.

An avarage rent is 300 USD

A liter of gasoline is 0,01 USD

That is just nonsense to me. Can anybody explain if this country is in another world?
Luka on Feb 05, 2017:
Hallo, can anyone say something about the actual situation in Venezuela, food, drink, transport, safety and which is the best way to exchange the money in Caracas, I travel in 2 weeks. Are any possibility to pay there with Credit Card?
Regards
ALex on Jan 20, 2017:
This data is not trustable. You have to either use the official rate or use the black market one. For example Mc donalds does not cost USD 5. Today's rate at dolartoday.com is 3.500, and you can easily eat a Big Mac for VEF 7.000 which is 2USD. Utilities 11 USD?? it would be 40.000 VEF which is a lot. I live in a 3 BR apartment, 10 MB ADSL internet conection, I've got four aircos at home that are always on, and I hardly pay 2USD for utilities. Energy and internet in Venezuela is almost free. Transportation is now VEF 100 and a dolar costs 3.500, imagine that, with a dollar you can travel like 35 times in a bus, if you travel in subway which costs 4VEF....

Overall, I think this information is not correct at all. Ahh we earn 20 USD/month that's true. And forget the official rate for dollars, they just don't exist. The country is led by the black market price.

Is there food? Yes, there is any type of food in Venezuela, you can buy whatever you want from the resellers (bachaqueros) they do have a lot of things at a 5x the "controlled" price.
Anonymous on Jan 11, 2017:
Jimmy: $200 at the official rate your family will get from the banks (VEF 700 x $1) is around VEF 140.000, which is around 40% over current minimum wage and maybe enough for a family of 2 to buy food for two weeks, they could even make it last 3 weeks if they're really smart about it and get a lot of veggies and not much animal protein, but for this they'll have to avoid scam prices for food Venezuelans are addicted to (corn meal, bread, rice and pasta). The same $200 at the current black market rate is almost 5 times more (you can get around VEF 3.300 for $1) and will definitely be more than enough for one month including paying for all their monthly services.
My recommendation, find someone with a good level of spanish and an understanding of the black market in Venezuela, so that you can get your family a better deal. Unfortunately many Venezuelans, specially and sadly in poor families that need it the most, are in a very bad situation in receiving this kind of help from abroad, even if they have friends or family wanting to help them.
Jimmy on Jan 08, 2017:
I just sent my family 200.00 American dollars via a national bank (wells Fargo). I would like to send more but am not sure if I am even helping. Can anyone tell me what my family is able to do with 200 American dollars sent via a bank? This means the bank controls what they get (the official exchange rate) instead of the street rate. How much food and necessities can they buy in this manner? I would ask them but I don't speak much Spanish so much is lost in translation.
adriana on Nov 21, 2016:
2000 VEF equals $1USD so far (it will be vef 3500 by december)

Venezuela is the best and cheapest country to live if you make money abroad and live over there. Make sure you pack essentials, rice, sugar, toilet paper, beans, etc for at least a year, and bring all your clothing and shoes, never buy anything at the shopping malls except for food at a fancy restaurant if so, best restautants are at las mercedes and they are on the street out. Bring ibuprofen and cold medicine, upset tummy medicine, and shampoo, soap, deodorant, etc. then, you will live like a true queen or king. A lot of people will buy money from you, especially doctors and business owners. make sure your home has a water tank available and lots of candles just in case electricity collapses. Water service is most likely to collapse than electricity, and prevent yourself from a heart attack when filling your car up with gas, completely free!!Good luck!!