Cost of living comparison

Trinidad and Tobago

compared to

Venezuela

Caracas vs. Port Of Spain Cost of Living Summary

Caracas is 24.8% cheaper than Port Of Spain.

Restaurants: pay 21.6% more in Caracas
Groceries: pay 6.0% less in Caracas
Transportation: pay 39.7% less in Caracas
Housing: pay 40.5% less in Caracas
Childcare: pay 52.5% less in Caracas
Entertainment and Sports: pay 8.3% less in Caracas
Clothing: pay 13.2% more in Caracas

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

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Caracas vs. Port Of Spain Cost Breakdown

If you lived in Caracas instead of Port Of Spain, you would:

Display currency: USD

pay 21.6% more for restaurants

	Port Of Spain	Caracas
Basic meal with drink at inexpensive restaurant	$10.32 TTD70.16	$10.80 VEF107.76	+4.7%
Fast food combo meal McDonalds, or similar	$8.84 TTD60.14	$11.00 VEF109.72	+24.4%
Bottle of Coca-Cola (11 fl. oz)	$1.02 TTD6.92	$1.53 VEF15.23	+50.1%
Bottle of water (11 fl. oz)	$0.74 TTD5.01	$1.32 VEF13.13	+78.6%
Average			+21.6%

Port Of Spain vs. Caracas - Cost of restaurants

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pay 6.0% less for groceries

	Port Of Spain	Caracas
Bread 1 loaf	$2.52 TTD17.12	$2.27 VEF22.67	-9.7%
Local cheese (8 oz)	$3.32 TTD22.56	$5.08 VEF50.69	+53.2%
Milk (1 gallon)	$9.25 TTD62.87	$10.26 VEF102.36	+11.0%
Eggs 1 dozen	$4.38 TTD29.79	$4.73 VEF47.13	+7.8%
Boneless chicken breast (1 lb)	$4.57 TTD31.07	$4.21 VEF41.95	-8.0%
Apples (1 lb)	$2.50 TTD17.01	$3.29 VEF32.80	+31.4%
Bananas (1 lb)	$1.38 TTD9.40	$0.91 VEF9.08	-34.2%
Oranges (1 lb)	$1.67 TTD11.37	$0.99 VEF9.84	-41.0%
Tomatoes (1 lb)	$1.95 TTD13.23	$1.05 VEF10.45	-46.1%
Potatoes (1 lb)	$0.98 TTD6.64	$1.02 VEF10.17	+4.4%
Onions (1 lb)	$0.86 TTD5.82	$0.99 VEF9.88	+15.6%
Average			-6.0%

Port Of Spain vs. Caracas - Cost of groceries

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pay 39.7% less for transportation

	Port Of Spain	Caracas
Gasoline (1 gallon)	$4.32 TTD29.40	$3.18 VEF31.72	-26.5%
Monthly public transit pass	$132.67 TTD902.03	$30.00 VEF299.24	-77.4%
New Volkswagen Golf 1.4 (standard edition)	$36,853.34 TTD251K	$25,000.00 VEF249K	-32.2%
Taxi trip in downtown area (5 miles)	$11.06 TTD75.17	$27.00 VEF269.31	+144.2%
Average			-39.7%

Port Of Spain vs. Caracas - Cost of transportation

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pay 40.5% less for housing

	Port Of Spain	Caracas
Internet connection 50 mbps or faster, cable/dsl	$56.39 TTD383.36	$37.99 VEF378.95	-32.6%
1-Bedroom apartment in downtown area	$1,014.70 TTD6,898.83	$610.08 VEF6,085.28	-39.9%
1-Bedroom apartment outside city center	$519.48 TTD3,531.93	$425.00 VEF4,239.16	-18.2%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$69.52 TTD472.63	$16.60 VEF165.55	-76.1%
Average			-40.5%

Port Of Spain vs. Caracas - Cost of housing

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pay 52.5% less for childcare

	Port Of Spain	Caracas
Private preschool for 1 child, monthly	$399.05 TTD2,713.11	$160.00 VEF1,595.92	-59.9%
Middle school for 1 child, two semesters	$10,825.75 TTD73,603.36	$6,100.00 VEF60,844.46	-43.7%
Average			-52.5%

Port Of Spain vs. Caracas - Cost of childcare

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pay 8.3% less for entertainment and sports

	Port Of Spain	Caracas
Domestic/local beer (1 pint)	$2.21 TTD15.03	$2.00 VEF19.95	-9.6%
Cappuccino in mid-range area	$3.72 TTD25.28	$3.63 VEF36.19	-2.4%
Pack of cigarettes Marlboro or similar	$5.90 TTD40.09	$4.58 VEF45.68	-22.3%
Monthly membership at local gym	$56.51 TTD384.20	$66.50 VEF663.30	+17.7%
Movie ticket to theater/cinema	$8.84 TTD60.14	$6.50 VEF64.83	-26.5%
Average			-8.3%

Port Of Spain vs. Caracas - Cost of entertainment and sports

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pay 13.2% more for clothing

	Port Of Spain	Caracas
Regular jeans Levi's brand	$54.67 TTD371.67	$76.58 VEF763.81	+40.1%
Regular dress from H&M or similar store	$51.59 TTD350.79	$50.89 VEF507.62	-1.4%
Running shoes Nike or Adidas	$145.94 TTD992.23	$133.76 VEF1,334.21	-8.3%
Men's business shoes (leather)	$103.19 TTD701.58	$133.87 VEF1,335.27	+29.7%
Average			+13.2%

Port Of Spain 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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