Cost of living comparison
Italy is 2.3 times more expensive than Caracas.
If you lived in Italy instead of Caracas, you would:
pay 44.0% more for restaurants
Caracas
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
VEF99.75
|
$15.74
€14.62
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
VEF99.75
|
$9.09
€8.44
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.26
VEF12.56
|
$2.45
€2.27
|
|
Bottle of water (11 fl. oz) |
$0.87
VEF8.65
|
$1.16
€1.07
|
|
pay 29.1% more for groceries
Caracas
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$2.23
VEF22.25
|
$1.86
€1.72
|
|
Local cheese (8 oz) |
$2.86
VEF28.55
|
$7.20
€6.69
|
|
Milk (1 gallon) |
$7.06
VEF70.44
|
$4.88
€4.53
|
|
Eggs
1 dozen
|
$2.29
VEF22.79
|
$3.14
€2.92
|
|
Boneless chicken breast (1 lb) |
$2.66
VEF26.54
|
$4.47
€4.15
|
|
Apples (1 lb) |
$1.87
VEF18.65
|
$0.96
€0.89
|
|
Bananas (1 lb) |
$0.50
VEF4.98
|
$0.84
€0.78
|
|
Oranges (1 lb) |
$0.73
VEF7.24
|
$0.94
€0.87
|
|
Tomatoes (1 lb) |
$0.68
VEF6.74
|
$1.20
€1.11
|
|
Potatoes (1 lb) |
$0.73
VEF7.31
|
$0.65
€0.60
|
|
Onions (1 lb) |
$0.74
VEF7.40
|
$0.71
€0.66
|
|
pay 85.6% more for transportation
Caracas
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.89
VEF18.88
|
$8.02
€7.45
|
|
Monthly public transit pass |
$30.00
VEF299.24
|
$38.40
€35.66
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$25,887.08
€24,040.04
|
|
Taxi trip in downtown area (5 miles) |
$17.00
VEF169.57
|
$18.65
€17.32
|
|
pay 4.6 times more for housing
Caracas
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$42.00
VEF418.93
|
$30.75
€28.55
|
|
1-Bedroom apartment in downtown area |
$360.00
VEF3,590.82
|
$608.10
€564.71
|
|
1-Bedroom apartment outside city center |
$345.00
VEF3,441.20
|
$488.80
€453.93
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$10.46
VEF104.34
|
$151.72
€140.89
|
|
pay 4.0 times more for childcare
Caracas
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$73.54
VEF733.54
|
$459.30
€426.52
|
|
Middle school for 1 child, two semesters |
$5,633.33
VEF56,189.69
|
$9,604.44
€8,919.16
|
|
pay 69.5% more for entertainment and sports
Caracas
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$4.83
€4.48
|
|
Cappuccino in mid-range area |
$1.79
VEF17.82
|
$1.60
€1.48
|
|
Pack of cigarettes
Marlboro or similar
|
$3.50
VEF34.91
|
$6.30
€5.85
|
|
Monthly membership at local gym |
$51.31
VEF511.77
|
$51.79
€48.09
|
|
Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$9.32
€8.66
|
|
pay 45.2% more for clothing
Caracas
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$42.19
VEF420.80
|
$80.37
€74.63
|
|
Regular dress
from H&M or similar store
|
$38.00
VEF379.03
|
$36.54
€33.93
|
|
Running shoes
Nike or Adidas
|
$75.77
VEF755.76
|
$89.56
€83.17
|
|
Men's business shoes (leather) |
$65.25
VEF650.84
|
$114.84
€106.65
|
|
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