Cost of living comparison

Mexico

compared to

Venezuela

Caracas vs. Mexico City Cost of Living Summary

Caracas is 18.0% cheaper than Mexico City.

Restaurants: pay 2.1% less in Caracas
Groceries: pay 15.6% more in Caracas
Transportation: pay 8.3% more in Caracas
Housing: pay 42.6% less in Caracas
Childcare: pay 56.9% less in Caracas
Entertainment and Sports: pay 9.0% less in Caracas
Clothing: pay 9.9% more in Caracas

The cost of groceries, clothing, and transportation in Caracas are more expensive than in Mexico City. Expenses including childcare, housing, entertainment and sports, and restaurants are lower in Caracas.

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Caracas vs. Mexico City Cost Breakdown

If you lived in Caracas instead of Mexico City, you would:

Display currency: USD

pay 2.1% less for restaurants

	Mexico City	Caracas
Basic meal with drink at inexpensive restaurant	$11.13 MX$205.76	$10.80 VEF107.76	-2.9%
Fast food combo meal McDonalds, or similar	$11.07 MX$204.73	$11.00 VEF109.72	-0.6%
Bottle of Coca-Cola (11 fl. oz)	$1.63 MX$30.14	$1.53 VEF15.23	-6.3%
Bottle of water (11 fl. oz)	$1.30 MX$24.06	$1.32 VEF13.13	+1.2%
Average			-2.1%

Mexico City vs. Caracas - Cost of restaurants

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pay 15.6% more for groceries

	Mexico City	Caracas
Bread 1 loaf	$3.03 MX$56.07	$2.27 VEF22.67	-25.0%
Local cheese (8 oz)	$6.02 MX$111.38	$5.08 VEF50.69	-15.6%
Milk (1 gallon)	$6.73 MX$124.42	$10.26 VEF102.36	+52.5%
Eggs 1 dozen	$2.87 MX$53.00	$4.73 VEF47.13	+64.9%
Boneless chicken breast (1 lb)	$4.39 MX$81.13	$4.21 VEF41.95	-4.1%
Apples (1 lb)	$1.43 MX$26.42	$3.29 VEF32.80	+130.2%
Bananas (1 lb)	$0.90 MX$16.67	$0.91 VEF9.08	+1.0%
Oranges (1 lb)	$0.93 MX$17.19	$0.99 VEF9.84	+6.1%
Tomatoes (1 lb)	$1.04 MX$19.27	$1.05 VEF10.45	+0.6%
Potatoes (1 lb)	$0.91 MX$16.90	$1.02 VEF10.17	+11.6%
Onions (1 lb)	$0.85 MX$15.71	$0.99 VEF9.88	+16.5%
Average			+15.6%

Mexico City vs. Caracas - Cost of groceries

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pay 8.3% more for transportation

	Mexico City	Caracas
Gasoline (1 gallon)	$5.76 MX$106.56	$3.18 VEF31.72	-44.8%
Monthly public transit pass	$20.03 MX$370.37	$30.00 VEF299.24	+49.8%
New Volkswagen Golf 1.4 (standard edition)	$21,528.95 MX$398K	$25,000.00 VEF249K	+16.1%
Taxi trip in downtown area (5 miles)	$6.54 MX$120.88	$27.00 VEF269.31	+313.1%
Average			+8.3%

Mexico City vs. Caracas - Cost of transportation

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pay 42.6% less for housing

	Mexico City	Caracas
Internet connection 50 mbps or faster, cable/dsl	$34.66 MX$640.87	$37.99 VEF378.95	+9.6%
1-Bedroom apartment in downtown area	$1,053.82 MX$19,488.15	$610.08 VEF6,085.28	-42.1%
1-Bedroom apartment outside city center	$672.38 MX$12,434.27	$425.00 VEF4,239.16	-36.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$47.71 MX$882.34	$16.60 VEF165.55	-65.2%
Average			-42.6%

Mexico City vs. Caracas - Cost of housing

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pay 56.9% less for childcare

	Mexico City	Caracas
Private preschool for 1 child, monthly	$435.78 MX$8,058.88	$160.00 VEF1,595.92	-63.3%
Middle school for 1 child, two semesters	$12,045.70 MX$223K	$6,100.00 VEF60,844.46	-49.4%
Average			-56.9%

Mexico City vs. Caracas - Cost of childcare

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pay 9.0% less for entertainment and sports

	Mexico City	Caracas
Domestic/local beer (1 pint)	$3.34 MX$61.73	$2.00 VEF19.95	-40.1%
Cappuccino in mid-range area	$3.80 MX$70.36	$3.63 VEF36.19	-4.6%
Pack of cigarettes Marlboro or similar	$5.29 MX$97.74	$4.58 VEF45.68	-13.3%
Monthly membership at local gym	$57.09 MX$1,055.72	$66.50 VEF663.30	+16.5%
Movie ticket to theater/cinema	$6.68 MX$123.46	$6.50 VEF64.83	-2.6%
Average			-9.0%

Mexico City vs. Caracas - Cost of entertainment and sports

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pay 9.9% more for clothing

	Mexico City	Caracas
Regular jeans Levi's brand	$70.61 MX$1,305.78	$76.58 VEF763.81	+8.5%
Regular dress from H&M or similar store	$53.64 MX$991.98	$50.89 VEF507.62	-5.1%
Running shoes Nike or Adidas	$109.04 MX$2,016.43	$133.76 VEF1,334.21	+22.7%
Men's business shoes (leather)	$115.97 MX$2,144.64	$133.87 VEF1,335.27	+15.4%
Average			+9.9%

Mexico City 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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