Cost of living comparison

Turkey

compared to

Venezuela

Caracas vs. Istanbul Cost of Living Summary

Caracas is 18.2% cheaper than Istanbul.

Restaurants: pay 7.5% more in Caracas
Groceries: pay 93.5% more in Caracas
Transportation: pay 38.4% less in Caracas
Housing: pay 41.5% less in Caracas
Childcare: pay 80.8% less in Caracas
Entertainment and Sports: pay 20.7% less in Caracas
Clothing: pay 36.4% more in Caracas

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

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Caracas vs. Istanbul Cost Breakdown

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

Display currency: USD

pay 7.5% more for restaurants

	Istanbul	Caracas
Basic meal with drink at inexpensive restaurant	$12.19 TRY603.79	$10.80 VEF107.76	-11.4%
Fast food combo meal McDonalds, or similar	$9.35 TRY462.91	$11.00 VEF109.72	+17.7%
Bottle of Coca-Cola (11 fl. oz)	$1.73 TRY85.71	$1.53 VEF15.23	-11.8%
Bottle of water (11 fl. oz)	$0.58 TRY28.65	$1.32 VEF13.13	+127.5%
Average			+7.5%

Istanbul vs. Caracas - Cost of restaurants

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pay 93.5% more for groceries

	Istanbul	Caracas
Bread 1 loaf	$0.92 TRY45.58	$2.27 VEF22.67	+146.9%
Local cheese (8 oz)	$5.28 TRY261.28	$5.08 VEF50.69	-3.7%
Milk (1 gallon)	$4.69 TRY231.97	$10.26 VEF102.36	+119.0%
Eggs 1 dozen	$2.41 TRY119.39	$4.73 VEF47.13	+96.0%
Boneless chicken breast (1 lb)	$2.54 TRY125.71	$4.21 VEF41.95	+65.7%
Apples (1 lb)	$0.85 TRY42.16	$3.29 VEF32.80	+286.3%
Bananas (1 lb)	$1.03 TRY50.86	$0.91 VEF9.08	-11.4%
Oranges (1 lb)	$0.57 TRY28.34	$0.99 VEF9.84	+72.4%
Tomatoes (1 lb)	$0.84 TRY41.37	$1.05 VEF10.45	+25.4%
Potatoes (1 lb)	$0.31 TRY15.36	$1.02 VEF10.17	+228.6%
Onions (1 lb)	$0.29 TRY14.17	$0.99 VEF9.88	+246.0%
Average			+93.5%

Istanbul vs. Caracas - Cost of groceries

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pay 38.4% less for transportation

	Istanbul	Caracas
Gasoline (1 gallon)	$5.43 TRY269.03	$3.18 VEF31.72	-41.5%
Monthly public transit pass	$67.03 TRY3,318.85	$30.00 VEF299.24	-55.2%
New Volkswagen Golf 1.4 (standard edition)	$50,810.11 TRY3M	$25,000.00 VEF249K	-50.8%
Taxi trip in downtown area (5 miles)	$8.40 TRY416.09	$27.00 VEF269.31	+221.3%
Average			-38.4%

Istanbul vs. Caracas - Cost of transportation

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pay 41.5% less for housing

	Istanbul	Caracas
Internet connection 50 mbps or faster, cable/dsl	$16.15 TRY799.42	$37.99 VEF378.95	+135.3%
1-Bedroom apartment in downtown area	$996.85 TRY49,357.64	$610.08 VEF6,085.28	-38.8%
1-Bedroom apartment outside city center	$647.83 TRY32,076.47	$425.00 VEF4,239.16	-34.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$68.87 TRY3,410.06	$16.60 VEF165.55	-75.9%
Average			-41.5%

Istanbul vs. Caracas - Cost of housing

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pay 80.8% less for childcare

	Istanbul	Caracas
Private preschool for 1 child, monthly	$1,021.62 TRY50,584.39	$160.00 VEF1,595.92	-84.3%
Middle school for 1 child, two semesters	$25,999.20 TRY1M	$6,100.00 VEF60,844.46	-76.5%
Average			-80.8%

Istanbul vs. Caracas - Cost of childcare

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pay 20.7% less for entertainment and sports

	Istanbul	Caracas
Domestic/local beer (1 pint)	$4.78 TRY236.49	$2.00 VEF19.95	-58.1%
Cappuccino in mid-range area	$4.31 TRY213.63	$3.63 VEF36.19	-15.9%
Pack of cigarettes Marlboro or similar	$2.34 TRY115.73	$4.58 VEF45.68	+96.0%
Monthly membership at local gym	$76.22 TRY3,773.70	$66.50 VEF663.30	-12.7%
Movie ticket to theater/cinema	$8.13 TRY402.53	$6.50 VEF64.83	-20.0%
Average			-20.7%

Istanbul vs. Caracas - Cost of entertainment and sports

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pay 36.4% more for clothing

	Istanbul	Caracas
Regular jeans Levi's brand	$53.35 TRY2,641.33	$76.58 VEF763.81	+43.5%
Regular dress from H&M or similar store	$39.62 TRY1,961.62	$50.89 VEF507.62	+28.5%
Running shoes Nike or Adidas	$99.91 TRY4,947.03	$133.76 VEF1,334.21	+33.9%
Men's business shoes (leather)	$95.52 TRY4,729.71	$133.87 VEF1,335.27	+40.1%
Average			+36.4%

Istanbul 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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