Cost of living comparison
Madrid is 2.4 times more expensive than Caracas.
- Restaurants
-
pay 23.2% more in Madrid
- Groceries
-
pay 1.0% less in Madrid
- Transportation
-
pay 68.9% more in Madrid
- Housing
-
pay 6.0 times more in Madrid
- Childcare
-
pay 3.9 times more in Madrid
- Entertainment and Sports
-
pay 56.3% more in Madrid
- Clothing
-
pay 17.2% more in Madrid
The cost of housing, childcare, transportation, entertainment and sports, restaurants, and clothing in Madrid are more expensive than in Caracas. Notably, housing and childcare are significantly more expensive in Madrid.
If you lived in Madrid instead of Caracas, you would:
pay 23.2% more for restaurants
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$16.08
€15.68
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$10.72
€10.45
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$2.79
€2.72
|
|
| Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$1.80
€1.76
|
|
pay 1.0% less for groceries
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
VEF21.64
|
$1.50
€1.46
|
|
| Local cheese (8 oz) |
$4.87
VEF48.61
|
$6.92
€6.75
|
|
| Milk (1 gallon) |
$7.73
VEF77.06
|
$4.41
€4.30
|
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$3.05
€2.98
|
|
| Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$3.78
€3.69
|
|
| Apples (1 lb) |
$2.55
VEF25.43
|
$1.13
€1.10
|
|
| Bananas (1 lb) |
$0.66
VEF6.56
|
$0.87
€0.85
|
|
| Oranges (1 lb) |
$0.90
VEF8.97
|
$1.01
€0.98
|
|
| Tomatoes (1 lb) |
$0.75
VEF7.51
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.82
€0.80
|
|
pay 68.9% more for transportation
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.79
€6.62
|
|
| Monthly public transit pass |
$30.00
VEF299.24
|
$42.87
€41.81
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$35,759.38
€34,871.90
|
|
| Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$14.90
€14.53
|
|
pay 6.0 times more for housing
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$31.85
€31.06
|
|
| 1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$1,468.90
€1,432.44
|
|
| 1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$1,074.71
€1,048.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$130.03
€126.80
|
|
pay 3.9 times more for childcare
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$567.57
€553.48
|
|
| Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$10,069.47
€9,819.57
|
|
pay 56.3% more for entertainment and sports
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$3.75
€3.66
|
|
| Cappuccino in mid-range area |
$2.72
VEF27.12
|
$2.59
€2.52
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$6.43
€6.27
|
|
| Monthly membership at local gym |
$71.88
VEF716.92
|
$43.11
€42.04
|
|
| Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$10.72
€10.45
|
|
pay 17.2% more for clothing
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$90.50
€88.25
|
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$37.21
€36.29
|
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$97.88
€95.45
|
|
| Men's business shoes (leather) |
$83.33
VEF831.21
|
$121.40
€118.38
|
|
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