Cost of living comparison
Madrid is 2.3 times more expensive than Caracas.
If you lived in Madrid instead of Caracas, you would:
pay 60.0% more for restaurants
Caracas
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$10.00
VEF99.75
|
$15.16
€14.04
|
|
Fast food combo meal
McDonalds, or similar
|
$11.00
VEF109.72
|
$10.32
€9.55
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.30
VEF13.01
|
$2.71
€2.51
|
|
Bottle of water (11 fl. oz) |
$0.97
VEF9.66
|
$1.81
€1.68
|
|
pay 10.0% more for groceries
Caracas
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$2.21
VEF22.04
|
$1.74
€1.61
|
|
Local cheese (8 oz) |
$3.80
VEF37.89
|
$7.67
€7.10
|
|
Milk (1 gallon) |
$7.44
VEF74.25
|
$4.36
€4.04
|
|
Eggs
1 dozen
|
$2.56
VEF25.55
|
$3.02
€2.79
|
|
Boneless chicken breast (1 lb) |
$2.89
VEF28.82
|
$3.87
€3.59
|
|
Apples (1 lb) |
$2.15
VEF21.41
|
$1.14
€1.06
|
|
Bananas (1 lb) |
$0.62
VEF6.23
|
$0.89
€0.82
|
|
Oranges (1 lb) |
$0.93
VEF9.27
|
$0.97
€0.90
|
|
Tomatoes (1 lb) |
$0.79
VEF7.85
|
$1.13
€1.05
|
|
Potatoes (1 lb) |
$0.86
VEF8.55
|
$0.72
€0.67
|
|
Onions (1 lb) |
$0.85
VEF8.43
|
$0.77
€0.71
|
|
pay 79.1% more for transportation
Caracas
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.78
€6.28
|
|
Monthly public transit pass |
$30.00
VEF299.24
|
$54.15
€50.14
|
|
New Volkswagen Golf 1.4 (standard edition) |
$33,500.00
VEF334,145.78
|
$36,133.87
€33,455.41
|
|
Taxi trip in downtown area (5 miles) |
$21.00
VEF209.46
|
$14.65
€13.56
|
|
pay 5.0 times more for housing
Caracas
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$41.67
VEF415.60
|
$33.64
€31.14
|
|
1-Bedroom apartment in downtown area |
$375.00
VEF3,740.44
|
$1,370.72
€1,269.12
|
|
1-Bedroom apartment outside city center |
$370.00
VEF3,690.57
|
$989.21
€915.88
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$9.51
VEF94.81
|
$123.32
€114.18
|
|
pay 3.9 times more for childcare
Caracas
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$94.79
VEF945.50
|
$543.23
€502.96
|
|
Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$9,978.95
€9,239.25
|
|
pay 65.7% more for entertainment and sports
Caracas
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$3.79
€3.51
|
|
Cappuccino in mid-range area |
$2.36
VEF23.51
|
$2.63
€2.43
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$6.12
€5.67
|
|
Monthly membership at local gym |
$61.25
VEF610.94
|
$48.46
€44.87
|
|
Movie ticket to theater/cinema |
$5.50
VEF54.86
|
$10.83
€10.03
|
|
pay 19.3% more for clothing
Caracas
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$49.58
VEF494.57
|
$83.95
€77.72
|
|
Regular dress
from H&M or similar store
|
$42.67
VEF425.58
|
$33.93
€31.42
|
|
Running shoes
Nike or Adidas
|
$98.85
VEF985.94
|
$87.19
€80.73
|
|
Men's business shoes (leather) |
$71.30
VEF711.18
|
$99.93
€92.53
|
|
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