Cost of Living in Caracas, Venezuela
Venezuela · South America
Cost of Living in Caracas: Quick Answer
The average cost of living in Caracas, Venezuela is approximately $500 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 20, using New York City as the 100-point benchmark.
$500
Monthly Cost
avg/person
20
Cost Index
NYC = 100
15
Rent Index
NYC = 100
28
Quality of Life
Poor
10
Safety Index
Poor
2.9M
Population
VES
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $3 |
| Meal for 2 (mid-range) | $12 |
| McMeal at McDonald's | $4 |
| Domestic Beer (0.5L) | $1.5 |
| Imported Beer (0.33L) | $3 |
| Cappuccino | $2 |
| Coke/Pepsi (0.33L) | $0.8 |
| Water (0.33L) | $0.5 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $0.8 |
| Bread (500g) | $0.5 |
| Rice (1kg) | $0.6 |
| Eggs (12) | $1.5 |
| Chicken (1kg) | $2.5 |
| Beef (1kg) | $5 |
| Apples (1kg) | $2 |
| Banana (1kg) | $0.5 |
| Tomato (1kg) | $0.8 |
| Potato (1kg) | $0.5 |
| Onion (1kg) | $0.5 |
| Water (1.5L) | $0.4 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.1 |
| Monthly Pass | $5 |
| Taxi 1km | $0.3 |
| Gasoline (1L) | $0.02 |
| Volkswagen Golf | $25000 |
| Toyota Corolla | $20000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $30 |
| Mobile Plan | $5 |
| Internet (60 Mbps) | $15 |
| Fitness Club/month | $15 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $250/mo |
| 1BR Outside | $140/mo |
| 3BR Center | $580/mo |
| 3BR Outside | $330/mo |
| Price/m² Center | $1,000/m² |
| Price/m² Outside | $550/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $200 |
| Mortgage Interest Rate | 40% |
Cost of Living in Caracas: Complete Guide
The cost of living in Caracas, Venezuela, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $500. The city's cost of living index is 20, compared with a New York City benchmark of 100.
Monthly Expenses in Caracas
A typical monthly budget in Caracas includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Caracas
A one-bedroom apartment outside the city center costs approximately $140 per month, while a one-bedroom apartment in the city center costs around $250. A three-bedroom apartment in the center averages $580 per month.
Average Salary in Caracas
The average net salary in Caracas is approximately $200 per month. Purchasing power is rated 18out of 100.
Is Caracas Expensive to Live In?
With a cost of living index of 20,Caracas is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Caracas
Safety
Caracas has a safety score of 10/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Caracas is rated 28/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Caracas is 72/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Caracas has a purchasing power score of 18/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Caracas
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Caracas should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Caracas fits their monthly budget.
Is Caracas Affordable?
Affordability depends on income and housing choices. The cost index of 20provides a useful benchmark when comparing Caracas with other cities.
Key Cost of Living Facts for Caracas
- Average Monthly Cost
- $500
- Cost Index
- 20
- Rent Index
- 15
- Average Net Salary
- $200
- Quality of Life
- 28/100
- Safety
- 10/100
- Healthcare
- 28/100
- Currency
- VES
Frequently Asked Questions About Caracas
What is the cost of living in Caracas?
The estimated cost of living in Caracas, Venezuela, is approximately $500 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Caracas?
A one-bedroom apartment outside the center costs approximately $140 per month, while a one-bedroom apartment in the center costs about $250.
Is Caracas expensive to live in?
Caracas has a cost index of 20 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Caracas?
The average net salary in Caracas is approximately $200 per month.
Is Caracas good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Caracas is suitable for relocation.