Cost of living comparison
compared to
Caracas vs. Madrid Cost of Living Summary
Caracas is 40.5% cheaper than Madrid.
Caracas vs. Madrid Cost Breakdown
If you lived in Caracas instead of Madrid, you would:
pay 30.7% less for restaurants
|
Madrid
|
Caracas
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.92
€15.95
|
$10.80
VEF107.76
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.20
€9.97
|
$11.00
VEF109.72
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.30
€2.94
|
$1.53
VEF15.23
|
|
| Bottle of water (11 fl. oz) |
$2.30
€2.05
|
$1.32
VEF13.13
|
|
Madrid vs. Caracas - Cost of restaurants
pay 14.0% more for groceries
|
Madrid
|
Caracas
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.57
€1.39
|
$2.27
VEF22.67
|
|
| Local cheese (8 oz) |
$8.35
€7.43
|
$5.08
VEF50.69
|
|
| Milk (1 gallon) |
$5.25
€4.67
|
$10.26
VEF102.36
|
|
|
Eggs
1 dozen
|
$4.15
€3.69
|
$4.73
VEF47.13
|
|
| Boneless chicken breast (1 lb) |
$4.23
€3.76
|
$4.21
VEF41.95
|
|
| Apples (1 lb) |
$1.17
€1.04
|
$3.29
VEF32.80
|
|
| Bananas (1 lb) |
$0.96
€0.85
|
$0.91
VEF9.08
|
|
| Oranges (1 lb) |
$1.15
€1.02
|
$0.99
VEF9.84
|
|
| Tomatoes (1 lb) |
$1.16
€1.03
|
$1.05
VEF10.45
|
|
| Potatoes (1 lb) |
$1.00
€0.89
|
$1.02
VEF10.17
|
|
| Onions (1 lb) |
$0.97
€0.86
|
$0.99
VEF9.88
|
|
Madrid vs. Caracas - Cost of groceries
pay 31.1% less for transportation
|
Madrid
|
Caracas
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.88
€6.12
|
$3.18
VEF31.72
|
|
| Monthly public transit pass |
$36.95
€32.89
|
$30.00
VEF299.24
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,271.67
€31,393.06
|
$25,000.00
VEF249K
|
|
| Taxi trip in downtown area (5 miles) |
$15.84
€14.10
|
$27.00
VEF269.31
|
|
Madrid vs. Caracas - Cost of transportation
pay 66.4% less for housing
|
Madrid
|
Caracas
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.86
€31.03
|
$37.99
VEF378.95
|
|
| 1-Bedroom apartment in downtown area |
$1,491.38
€1,327.38
|
$610.08
VEF6,085.28
|
|
| 1-Bedroom apartment outside city center |
$1,193.86
€1,062.58
|
$425.00
VEF4,239.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.11
€128.26
|
$16.60
VEF165.55
|
|
Madrid vs. Caracas - Cost of housing
pay 71.4% less for childcare
|
Madrid
|
Caracas
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$668.48
€594.97
|
$160.00
VEF1,595.92
|
|
| Middle school for 1 child, two semesters |
$17,859.91
€15,895.97
|
$6,100.00
VEF60,844.46
|
|
Madrid vs. Caracas - Cost of childcare
pay 18.8% less for entertainment and sports
|
Madrid
|
Caracas
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.92
€3.49
|
$2.00
VEF19.95
|
|
| Cappuccino in mid-range area |
$3.07
€2.74
|
$3.63
VEF36.19
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.72
€5.98
|
$4.58
VEF45.68
|
|
| Monthly membership at local gym |
$50.67
€45.10
|
$66.50
VEF663.30
|
|
| Movie ticket to theater/cinema |
$11.20
€9.97
|
$6.50
VEF64.83
|
|
Madrid vs. Caracas - Cost of entertainment and sports
pay 11.2% more for clothing
|
Madrid
|
Caracas
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.50
€76.99
|
$76.58
VEF763.81
|
|
|
Regular dress
from H&M or similar store
|
$42.98
€38.25
|
$50.89
VEF507.62
|
|
|
Running shoes
Nike or Adidas
|
$108.99
€97.00
|
$133.76
VEF1,334.21
|
|
| Men's business shoes (leather) |
$112.77
€100.37
|
$133.87
VEF1,335.27
|
|
Madrid vs. Caracas - Cost of clothing
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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