Cost of Living in Caracas

Summary of cost of living in Caracas, Venezuela:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 10.00 $ 5.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 57.50 $ 40.00-100.00
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00-14.00
Domestic Beer (1 pint draught) 1.50 $ 1.00-3.00
Imported Beer (12 oz small bottle) 3.00 $ 2.00-4.00
Cappuccino (regular) 2.17 $ 1.00-3.50
Coke/Pepsi (12 oz small bottle) 1.30 $ 1.00-2.50
Water (12 oz small bottle) 0.96 $ 0.65-2.00
Markets
Edit
Milk (regular), (1 gallon) 7.34 $ 4.73-9.46
Loaf of Fresh White Bread (1 lb) 2.07 $ 0.91-3.63
Rice (white), (1 lb) 0.58 $ 0.45-0.91
Eggs (regular) (12) 2.51 $ 1.20-3.50
Local Cheese (1 lb) 3.05 $ 1.81-6.35
Chicken Fillets (1 lb) 2.84 $ 1.81-3.63
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.28 $ 2.63-4.08
Apples (1 lb) 2.20 $ 0.91-4.00
Banana (1 lb) 0.61 $ 0.37-1.18
Oranges (1 lb) 0.93 $ 0.24-2.00
Tomato (1 lb) 0.74 $ 0.41-1.13
Potato (1 lb) 0.87 $ 0.45-1.36
Onion (1 lb) 0.83 $ 0.52-1.13
Lettuce (1 head) 1.00 $ 0.76-1.50
Water (1.5 liter bottle) 1.41 $ 0.96-2.50
Bottle of Wine (Mid-Range) 9.00 $ 4.00-12.00
Domestic Beer (0.5 liter bottle) 1.42 $ 1.00-1.89
Imported Beer (12 oz small bottle) 1.90 $ 1.20-3.00
Cigarettes 20 Pack (Marlboro) 3.25 $ 2.50-5.00
Transportation
Edit
One-way Ticket (Local Transport) 0.45 $ 0.30-1.00
Monthly Pass (Regular Price) 30.00 $ 23.00-40.00
Taxi Start (Normal Tariff) 5.00 $ 3.00-5.00
Taxi 1 mile (Normal Tariff) 3.22 $ 1.61-4.83
Taxi 1hour Waiting (Normal Tariff) 10.00 $ 9.50-20.00
Gasoline (1 gallon) 1.89 $ 1.89-1.89
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 $ 30,000.00-35,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 37,250.00 $ 30,000.00-40,000.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 13.68 $ 8.50-20.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.00 $ 15.00-15.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 43.85 $ 25.00-80.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 55.50 $ 32.00-80.00
Tennis Court Rent (1 Hour on Weekend) 13.50 $ 10.00-20.00
Cinema, International Release, 1 Seat 5.50 $ 4.00-10.00
Childcare
Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 82.29 $ 50.00-120.00
International Primary School, Yearly for 1 Child 3,520.00 $ 2,160.00-6,000.00
Clothing And Shoes
Edit
1 Pair of Jeans (Levis 501 Or Similar) 47.69 $ 20.00-70.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.00 $ 25.00-80.00
1 Pair of Nike Running Shoes (Mid-Range) 89.62 $ 35.00-150.00
1 Pair of Men Leather Business Shoes 67.55 $ 30.00-120.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 311.11 $ 200.00-500.00
Apartment (1 bedroom) Outside of Centre 344.44 $ 250.00-500.00
Apartment (3 bedrooms) in City Centre 612.50 $ 400.00-1,500.00
Apartment (3 bedrooms) Outside of Centre 572.22 $ 300.00-1,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 78.00 $ 46.45-123.84
Price per Square Feet to Buy Apartment Outside of Centre 114.14 $ 65.03-185.80
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 194.67 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 28.50 20.00-40.00

Prices in Caracas

This city had 337 entries in the past 12 months by 37 different contributors.
Last update: February 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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13 Comments so far
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... $3 is insane for an oil producing country but I guess now everyone is equal and there is no rich!
Anonymous on Mar 14, 2021:
The average salary is around 3 dollars, not 300.
Anonymous on Jan 10, 2021:
The bitcoin,was presented by Europe as a supposed savior to the devaluation of the euro and the pound values.Europe like the rest of the world is addicted to the usd and rightfully so due to security and performance.Afterall the United States is the richest place on earth with the most diverse economy.Few people want to face the facts but the world economy depends heavily on the usd.The United States could close the door on the world and not do business with any countries permanently. That's how rich the United States is. Tourism doesn't mean anything to the United States and it never has but instead just a kind gesture and nothing more. We have never visited the United States.
Anonymous on Jan 06, 2021:
There is lot of difference between your's and expatistan.
Danny Coulombe on Sep 01, 2020:
To the guy saying that there is no mention of Bitcoin, Dash or crypto currency.. dude, it's worth 5$ now, 1$ the next minute and 10$ the next after.. what are you expecting?