Cost of living comparison

compared to

Caracas vs. Port Moresby Cost of Living Summary

Caracas is 26.1% cheaper than Port Moresby.

Restaurants
pay 69.2% more in Caracas
Groceries
pay 10.2% less in Caracas
Transportation
pay 16.4% less in Caracas
Housing
pay 54.7% less in Caracas
Childcare
pay 56.7% less in Caracas
Entertainment and Sports
pay 9.3% less in Caracas
Clothing
pay 31.8% more in Caracas

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

Caracas vs. Port Moresby Cost Breakdown

If you lived in Caracas instead of Port Moresby, you would:

pay 69.2% more for restaurants

 
Port Moresby
Caracas
Basic meal with drink at inexpensive restaurant $7.78
PGK35.37
$10.80
VEF107.76
Fast food combo meal
McDonalds, or similar
$5.56
PGK25.27
$11.00
VEF109.72
Bottle of Coca-Cola (11 fl. oz) $0.75
PGK3.41
$1.53
VEF15.23

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pay 10.2% less for groceries

 
Port Moresby
Caracas
Bread
1 loaf
$1.52
PGK6.91
$2.27
VEF22.67
Local cheese (8 oz) $4.32
PGK19.64
$5.08
VEF50.69
Milk (1 gallon) $7.10
PGK32.28
$10.26
VEF102.36

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pay 16.4% less for transportation

 
Port Moresby
Caracas
Gasoline (1 gallon) $3.78
PGK17.18
$3.18
VEF31.72
Monthly public transit pass $22.22
PGK101.06
$30.00
VEF299.24
New Volkswagen Golf 1.4 (standard edition) $50,004.77
PGK227K
$25,000.00
VEF249K

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pay 54.7% less for housing

 
Port Moresby
Caracas
Internet connection
50 mbps or faster, cable/dsl
$91.68
PGK416.89
$37.99
VEF378.95
1-Bedroom apartment in downtown area $1,603.86
PGK7,293.44
$610.08
VEF6,085.28
1-Bedroom apartment outside city center $555.61
PGK2,526.59
$425.00
VEF4,239.16

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pay 56.7% less for childcare

 
Port Moresby
Caracas
Private preschool for 1 child, monthly $842.47
PGK3,831.07
$160.00
VEF1,595.92
Middle school for 1 child, two semesters $6,176.41
PGK28,086.83
$6,100.00
VEF60,844.46

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pay 9.3% less for entertainment and sports

 
Port Moresby
Caracas
Domestic/local beer (1 pint) $3.00
PGK13.64
$2.00
VEF19.95
Cappuccino in mid-range area $2.47
PGK11.24
$3.63
VEF36.19
Pack of cigarettes
Marlboro or similar
$6.45
PGK29.31
$4.58
VEF45.68

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pay 31.8% more for clothing

 
Port Moresby
Caracas
Regular jeans
Levi's brand
$32.73
PGK148.82
$76.58
VEF763.81
Regular dress
from H&M or similar store
$31.67
PGK144.02
$50.89
VEF507.62
Running shoes
Nike or Adidas
$136.12
PGK619.02
$133.76
VEF1,334.21

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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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