Cost of living comparison

Venezuela

compared to

Taiwan

Taipei vs. Caracas Cost of Living Summary

Taipei is 18.5% more expensive than Caracas.

Restaurants: pay 51.7% less in Taipei
Groceries: pay 14.9% more in Taipei
Transportation: pay 11.6% more in Taipei
Housing: pay 56.0% more in Taipei
Childcare: pay 3.4 times more in Taipei
Entertainment and Sports: pay 2.3% more in Taipei
Clothing: pay 24.6% less in Taipei

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

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Taipei vs. Caracas Cost Breakdown

If you lived in Taipei instead of Caracas, you would:

Display currency: USD

pay 51.7% less for restaurants

	Caracas	Taipei
Basic meal with drink at inexpensive restaurant	$10.80 VEF107.76	$4.71 NT$150.49	-56.4%
Fast food combo meal McDonalds, or similar	$11.00 VEF109.72	$5.65 NT$180.59	-48.6%
Bottle of Coca-Cola (11 fl. oz)	$1.53 VEF15.23	$0.92 NT$29.35	-39.9%
Bottle of water (11 fl. oz)	$1.32 VEF13.13	$0.65 NT$20.86	-50.4%
Average			-51.7%

Caracas vs. Taipei - Cost of restaurants

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pay 14.9% more for groceries

	Caracas	Taipei
Bread 1 loaf	$2.27 VEF22.67	$2.02 NT$64.65	-11.0%
Local cheese (8 oz)	$5.08 VEF50.69	$9.85 NT$314.68	+93.7%
Milk (1 gallon)	$10.26 VEF102.36	$11.54 NT$368.90	+12.5%
Eggs 1 dozen	$4.73 VEF47.13	$2.72 NT$87.00	-42.4%
Boneless chicken breast (1 lb)	$4.21 VEF41.95	$4.45 NT$142.21	+5.8%
Apples (1 lb)	$3.29 VEF32.80	$2.23 NT$71.26	-32.2%
Bananas (1 lb)	$0.91 VEF9.08	$1.51 NT$48.15	+65.6%
Oranges (1 lb)	$0.99 VEF9.84	$1.38 NT$44.23	+40.3%
Tomatoes (1 lb)	$1.05 VEF10.45	$2.02 NT$64.54	+92.7%
Potatoes (1 lb)	$1.02 VEF10.17	$1.25 NT$39.84	+22.3%
Onions (1 lb)	$0.99 VEF9.88	$1.04 NT$33.27	+5.1%
Average			+14.9%

Caracas vs. Taipei - Cost of groceries

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pay 11.6% more for transportation

	Caracas	Taipei
Gasoline (1 gallon)	$3.18 VEF31.72	$3.94 NT$126.01	+24.0%
Monthly public transit pass	$30.00 VEF299.24	$37.67 NT$1,203.90	+25.6%
New Volkswagen Golf 1.4 (standard edition)	$25,000.00 VEF249K	$33,523.97 NT$1M	+34.1%
Taxi trip in downtown area (5 miles)	$27.00 VEF269.31	$8.95 NT$285.93	-66.9%
Average			+11.6%

Caracas vs. Taipei - Cost of transportation

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pay 56.0% more for housing

	Caracas	Taipei
Internet connection 50 mbps or faster, cable/dsl	$37.99 VEF378.95	$27.40 NT$875.71	-27.9%
1-Bedroom apartment in downtown area	$610.08 VEF6,085.28	$1,012.31 NT$32,354.87	+65.9%
1-Bedroom apartment outside city center	$425.00 VEF4,239.16	$482.92 NT$15,434.64	+13.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$16.60 VEF165.55	$66.27 NT$2,118.10	+299.3%
Average			+56.0%

Caracas vs. Taipei - Cost of housing

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pay 3.4 times more for childcare

	Caracas	Taipei
Private preschool for 1 child, monthly	$160.00 VEF1,595.92	$662.67 NT$21,179.76	+314.2%
Middle school for 1 child, two semesters	$6,100.00 VEF60,844.46	$16,675.66 NT$533K	+173.4%
Average			+236.5%

Caracas vs. Taipei - Cost of childcare

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pay 2.3% more for entertainment and sports

	Caracas	Taipei
Domestic/local beer (1 pint)	$2.00 VEF19.95	$2.83 NT$90.29	+41.3%
Cappuccino in mid-range area	$3.63 VEF36.19	$3.42 NT$109.45	-5.6%
Pack of cigarettes Marlboro or similar	$4.58 VEF45.68	$3.92 NT$125.41	-14.3%
Monthly membership at local gym	$66.50 VEF663.30	$41.15 NT$1,315.12	-38.1%
Movie ticket to theater/cinema	$6.50 VEF64.83	$9.73 NT$311.01	+49.7%
Average			+2.3%

Caracas vs. Taipei - Cost of entertainment and sports

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pay 24.6% less for clothing

	Caracas	Taipei
Regular jeans Levi's brand	$76.58 VEF763.81	$63.18 NT$2,019.38	-17.5%
Regular dress from H&M or similar store	$50.89 VEF507.62	$39.99 NT$1,277.99	-21.4%
Running shoes Nike or Adidas	$133.76 VEF1,334.21	$84.98 NT$2,715.95	-36.5%
Men's business shoes (leather)	$133.87 VEF1,335.27	$105.09 NT$3,358.66	-21.5%
Average			-24.6%

Caracas vs. Taipei - 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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