Cost of living comparison
compared to
Caracas vs. Riga Cost of Living Summary
Caracas is 15.9% cheaper than Riga.
Caracas vs. Riga Cost Breakdown
If you lived in Caracas instead of Riga, you would:
pay 12.4% less for restaurants
|
Riga
|
Caracas
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.80
€14.95
|
$10.80
VEF107.76
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.24
€8.22
|
$11.00
VEF109.72
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.61
€1.44
|
$1.53
VEF15.23
|
|
| Bottle of water (11 fl. oz) |
$1.18
€1.05
|
$1.32
VEF13.13
|
|
Riga vs. Caracas - Cost of restaurants
pay 47.1% more for groceries
|
Riga
|
Caracas
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.43
€1.27
|
$2.27
VEF22.67
|
|
| Local cheese (8 oz) |
$5.22
€4.65
|
$5.08
VEF50.69
|
|
| Milk (1 gallon) |
$4.41
€3.92
|
$10.26
VEF102.36
|
|
|
Eggs
1 dozen
|
$3.76
€3.34
|
$4.73
VEF47.13
|
|
| Boneless chicken breast (1 lb) |
$3.91
€3.48
|
$4.21
VEF41.95
|
|
| Apples (1 lb) |
$1.00
€0.89
|
$3.29
VEF32.80
|
|
| Bananas (1 lb) |
$0.83
€0.73
|
$0.91
VEF9.08
|
|
| Oranges (1 lb) |
$1.13
€1.00
|
$0.99
VEF9.84
|
|
| Tomatoes (1 lb) |
$1.40
€1.24
|
$1.05
VEF10.45
|
|
| Potatoes (1 lb) |
$0.40
€0.36
|
$1.02
VEF10.17
|
|
| Onions (1 lb) |
$0.42
€0.37
|
$0.99
VEF9.88
|
|
Riga vs. Caracas - Cost of groceries
pay 24.5% less for transportation
|
Riga
|
Caracas
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.75
€6.90
|
$3.18
VEF31.72
|
|
| Monthly public transit pass |
$33.59
€29.90
|
$30.00
VEF299.24
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,308.11
€24,305.20
|
$25,000.00
VEF249K
|
|
| Taxi trip in downtown area (5 miles) |
$11.42
€10.17
|
$27.00
VEF269.31
|
|
Riga vs. Caracas - Cost of transportation
pay 28.7% less for housing
|
Riga
|
Caracas
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$20.41
€18.17
|
$37.99
VEF378.95
|
|
| 1-Bedroom apartment in downtown area |
$582.45
€518.40
|
$610.08
VEF6,085.28
|
|
| 1-Bedroom apartment outside city center |
$385.02
€342.68
|
$425.00
VEF4,239.16
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$286.52
€255.02
|
$16.60
VEF165.55
|
|
Riga vs. Caracas - Cost of housing
pay 70.7% less for childcare
|
Riga
|
Caracas
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$645.25
€574.29
|
$160.00
VEF1,595.92
|
|
| Middle school for 1 child, two semesters |
$17,635.84
€15,696.53
|
$6,100.00
VEF60,844.46
|
|
Riga vs. Caracas - Cost of childcare
pay 26.2% less for entertainment and sports
|
Riga
|
Caracas
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.60
€4.98
|
$2.00
VEF19.95
|
|
| Cappuccino in mid-range area |
$3.72
€3.31
|
$3.63
VEF36.19
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.72
€5.98
|
$4.58
VEF45.68
|
|
| Monthly membership at local gym |
$49.91
€44.42
|
$66.50
VEF663.30
|
|
| Movie ticket to theater/cinema |
$10.75
€9.57
|
$6.50
VEF64.83
|
|
Riga vs. Caracas - Cost of entertainment and sports
pay 13.9% more for clothing
|
Riga
|
Caracas
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$69.42
€61.79
|
$76.58
VEF763.81
|
|
|
Regular dress
from H&M or similar store
|
$50.39
€44.85
|
$50.89
VEF507.62
|
|
|
Running shoes
Nike or Adidas
|
$85.85
€76.41
|
$133.76
VEF1,334.21
|
|
| Men's business shoes (leather) |
$138.10
€122.91
|
$133.87
VEF1,335.27
|
|
Riga 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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