Cost of living comparison

Ethiopia

compared to

Venezuela

Caracas vs. Addis Ababa Cost of Living Summary

Caracas is 11.1% more expensive than Addis Ababa.

Restaurants: pay 2.2 times more in Caracas
Groceries: pay 2.0 times more in Caracas
Transportation: pay 1.9% more in Caracas
Housing: pay 36.4% less in Caracas
Childcare: pay 51.3% less in Caracas
Entertainment and Sports: pay 90.0% more in Caracas
Clothing: pay 46.2% more in Caracas

The cost of restaurants, groceries, entertainment and sports, clothing, and transportation in Caracas are more expensive than in Addis Ababa. Expenses including childcare and housing are lower in Caracas. Notably, restaurants, groceries, and entertainment and sports are significantly more expensive in Caracas.

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Caracas vs. Addis Ababa Cost Breakdown

If you lived in Caracas instead of Addis Ababa, you would:

Display currency: USD

pay 2.2 times more for restaurants

	Addis Ababa	Caracas
Basic meal with drink at inexpensive restaurant	$4.00 ETB654.34	$10.80 VEF107.76	+170.1%
Fast food combo meal McDonalds, or similar	$6.50 ETB1,063.31	$11.00 VEF109.72	+69.2%
Bottle of Coca-Cola (11 fl. oz)	$0.61 ETB99.06	$1.53 VEF15.23	+152.1%
Bottle of water (11 fl. oz)	$0.66 ETB107.50	$1.32 VEF13.13	+100.4%
Average			+121.1%

Addis Ababa vs. Caracas - Cost of restaurants

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pay 2.0 times more for groceries

	Addis Ababa	Caracas
Bread 1 loaf	$1.19 ETB194.58	$2.27 VEF22.67	+91.1%
Local cheese (8 oz)	$3.70 ETB604.57	$5.08 VEF50.69	+37.5%
Milk (1 gallon)	$4.09 ETB669.40	$10.26 VEF102.36	+150.8%
Eggs 1 dozen	$1.77 ETB289.63	$4.73 VEF47.13	+166.9%
Boneless chicken breast (1 lb)	$4.59 ETB750.34	$4.21 VEF41.95	-8.3%
Apples (1 lb)	$2.44 ETB399.44	$3.29 VEF32.80	+34.7%
Bananas (1 lb)	$0.30 ETB48.73	$0.91 VEF9.08	+205.5%
Oranges (1 lb)	$0.99 ETB161.65	$0.99 VEF9.84	-0.2%
Tomatoes (1 lb)	$0.31 ETB50.42	$1.05 VEF10.45	+240.1%
Potatoes (1 lb)	$0.22 ETB35.99	$1.02 VEF10.17	+363.5%
Onions (1 lb)	$0.49 ETB79.77	$0.99 VEF9.88	+103.1%
Average			+100.6%

Addis Ababa vs. Caracas - Cost of groceries

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pay 1.9% more for transportation

	Addis Ababa	Caracas
Gasoline (1 gallon)	$3.53 ETB577.22	$3.18 VEF31.72	-9.9%
Monthly public transit pass	$21.11 ETB3,453.30	$30.00 VEF299.24	+42.1%
New Volkswagen Golf 1.4 (standard edition)	$55,000.00 ETB9M	$25,000.00 VEF249K	-54.5%
Taxi trip in downtown area (5 miles)	$3.53 ETB576.64	$27.00 VEF269.31	+666.0%
Average			+1.9%

Addis Ababa vs. Caracas - Cost of transportation

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pay 36.4% less for housing

	Addis Ababa	Caracas
Internet connection 50 mbps or faster, cable/dsl	$212.33 ETB34,734.76	$37.99 VEF378.95	-82.1%
1-Bedroom apartment in downtown area	$706.95 ETB116K	$610.08 VEF6,085.28	-13.7%
1-Bedroom apartment outside city center	$394.55 ETB64,542.82	$425.00 VEF4,239.16	+7.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$156.76 ETB25,644.51	$16.60 VEF165.55	-89.4%
Average			-36.4%

Addis Ababa vs. Caracas - Cost of housing

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pay 51.3% less for childcare

	Addis Ababa	Caracas
Private preschool for 1 child, monthly	$136.41 ETB22,314.75	$160.00 VEF1,595.92	+17.3%
Middle school for 1 child, two semesters	$30,187.50 ETB5M	$6,100.00 VEF60,844.46	-79.8%
Average			-51.3%

Addis Ababa vs. Caracas - Cost of childcare

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pay 90.0% more for entertainment and sports

	Addis Ababa	Caracas
Domestic/local beer (1 pint)	$0.80 ETB130.87	$2.00 VEF19.95	+150.0%
Cappuccino in mid-range area	$0.92 ETB150.32	$3.63 VEF36.19	+294.9%
Pack of cigarettes Marlboro or similar	$8.00 ETB1,308.69	$4.58 VEF45.68	-42.8%
Monthly membership at local gym	$44.15 ETB7,221.55	$66.50 VEF663.30	+50.6%
Movie ticket to theater/cinema	$3.75 ETB613.45	$6.50 VEF64.83	+73.3%
Average			+90.0%

Addis Ababa vs. Caracas - Cost of entertainment and sports

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pay 46.2% more for clothing

	Addis Ababa	Caracas
Regular jeans Levi's brand	$33.14 ETB5,421.12	$76.58 VEF763.81	+131.1%
Regular dress from H&M or similar store	$70.86 ETB11,591.24	$50.89 VEF507.62	-28.2%
Running shoes Nike or Adidas	$78.65 ETB12,865.68	$133.76 VEF1,334.21	+70.1%
Men's business shoes (leather)	$82.70 ETB13,529.26	$133.87 VEF1,335.27	+61.9%
Average			+46.2%

Addis Ababa vs. Caracas - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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