Cost of living comparison
Caracas is 28.1% cheaper than Madrid.
If you lived in Caracas instead of Madrid, you would:
pay 27.7% less for restaurants
Madrid
|
Caracas
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.19
€12.32
|
$10.00
VEF99.75
|
|
Fast food combo meal
McDonalds, or similar
|
$8.80
€8.22
|
$10.00
VEF99.75
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
€2.36
|
$1.26
VEF12.56
|
|
Bottle of water (11 fl. oz) |
$1.74
€1.62
|
$0.87
VEF8.65
|
|
pay 4.3% more for groceries
Madrid
|
Caracas
|
||
---|---|---|---|
Bread
1 loaf
|
$1.25
€1.17
|
$2.23
VEF22.25
|
|
Local cheese (8 oz) |
$5.92
€5.53
|
$2.86
VEF28.55
|
|
Milk (1 gallon) |
$3.90
€3.65
|
$7.06
VEF70.44
|
|
Eggs
1 dozen
|
$2.69
€2.51
|
$2.29
VEF22.79
|
|
Boneless chicken breast (1 lb) |
$3.74
€3.50
|
$2.66
VEF26.54
|
|
Apples (1 lb) |
$1.08
€1.01
|
$1.87
VEF18.65
|
|
Bananas (1 lb) |
$0.98
€0.91
|
$0.50
VEF4.98
|
|
Oranges (1 lb) |
$0.86
€0.80
|
$0.73
VEF7.24
|
|
Tomatoes (1 lb) |
$1.03
€0.96
|
$0.68
VEF6.74
|
|
Potatoes (1 lb) |
$0.67
€0.63
|
$0.73
VEF7.31
|
|
Onions (1 lb) |
$0.74
€0.69
|
$0.74
VEF7.40
|
|
pay 20.9% less for transportation
Madrid
|
Caracas
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.44
€6.95
|
$1.89
VEF18.88
|
|
Monthly public transit pass |
$59.37
€55.46
|
$30.00
VEF299.24
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,693.49
€25,868.65
|
$32,000.00
VEF319,184.03
|
|
Taxi trip in downtown area (5 miles) |
$13.63
€12.73
|
$17.00
VEF169.57
|
|
pay 48.4% less for housing
Madrid
|
Caracas
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.19
€31.93
|
$42.00
VEF418.93
|
|
1-Bedroom apartment in downtown area |
$1,094.67
€1,022.54
|
$360.00
VEF3,590.82
|
|
1-Bedroom apartment outside city center |
$816.29
€762.50
|
$345.00
VEF3,441.20
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$125.07
€116.83
|
$10.46
VEF104.34
|
|
pay 63.4% less for childcare
Madrid
|
Caracas
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$529.47
€494.58
|
$73.54
VEF733.54
|
|
Middle school for 1 child, two semesters |
$9,499.24
€8,873.30
|
$5,633.33
VEF56,189.69
|
|
pay 25.2% less for entertainment and sports
Madrid
|
Caracas
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.30
€3.08
|
$1.50
VEF14.96
|
|
Cappuccino in mid-range area |
$2.17
€2.03
|
$1.79
VEF17.82
|
|
Pack of cigarettes
Marlboro or similar
|
$5.61
€5.24
|
$3.50
VEF34.91
|
|
Monthly membership at local gym |
$41.71
€38.96
|
$51.31
VEF511.77
|
|
Movie ticket to theater/cinema |
$9.90
€9.24
|
$6.00
VEF59.85
|
|
pay 15.3% less for clothing
Madrid
|
Caracas
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$67.45
€63.01
|
$42.19
VEF420.80
|
|
Regular dress
from H&M or similar store
|
$35.01
€32.71
|
$38.00
VEF379.03
|
|
Running shoes
Nike or Adidas
|
$76.87
€71.81
|
$75.77
VEF755.76
|
|
Men's business shoes (leather) |
$94.21
€88.00
|
$65.25
VEF650.84
|
|
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