Cost of living comparison

China

compared to

Venezuela

Caracas vs. Shanghai Cost of Living Summary

Caracas is 0.7% cheaper than Shanghai.

Restaurants: pay 2.4 times more in Caracas
Groceries: pay 68.2% more in Caracas
Transportation: pay 8.1% more in Caracas
Housing: pay 34.6% less in Caracas
Childcare: pay 84.2% less in Caracas
Entertainment and Sports: pay 6.5% more in Caracas
Clothing: pay 44.3% more in Caracas

The cost of restaurants, groceries, clothing, transportation, and entertainment and sports in Caracas are more expensive than in Shanghai. Expenses including childcare and housing are lower in Caracas. Notably, restaurants is significantly more expensive in Caracas.

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Caracas vs. Shanghai Cost Breakdown

If you lived in Caracas instead of Shanghai, you would:

Display currency: USD

pay 2.4 times more for restaurants

	Shanghai	Caracas
Basic meal with drink at inexpensive restaurant	$4.47 CN¥29.94	$10.80 VEF107.76	+141.5%
Fast food combo meal McDonalds, or similar	$5.22 CN¥34.93	$11.00 VEF109.72	+110.7%
Bottle of Coca-Cola (11 fl. oz)	$0.60 CN¥4.01	$1.53 VEF15.23	+154.7%
Bottle of water (11 fl. oz)	$0.37 CN¥2.47	$1.32 VEF13.13	+256.0%
Average			+140.6%

Shanghai vs. Caracas - Cost of restaurants

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pay 68.2% more for groceries

	Shanghai	Caracas
Bread 1 loaf	$1.98 CN¥13.22	$2.27 VEF22.67	+15.0%
Local cheese (8 oz)	$8.60 CN¥57.52	$5.08 VEF50.69	-40.9%
Milk (1 gallon)	$6.88 CN¥46.02	$10.26 VEF102.36	+49.2%
Eggs 1 dozen	$1.70 CN¥11.36	$4.73 VEF47.13	+178.3%
Boneless chicken breast (1 lb)	$1.48 CN¥9.89	$4.21 VEF41.95	+184.6%
Apples (1 lb)	$0.99 CN¥6.65	$3.29 VEF32.80	+231.0%
Bananas (1 lb)	$0.77 CN¥5.16	$0.91 VEF9.08	+18.1%
Oranges (1 lb)	$0.90 CN¥6.05	$0.99 VEF9.84	+9.1%
Tomatoes (1 lb)	$0.77 CN¥5.15	$1.05 VEF10.45	+36.2%
Potatoes (1 lb)	$0.36 CN¥2.40	$1.02 VEF10.17	+184.8%
Onions (1 lb)	$0.43 CN¥2.90	$0.99 VEF9.88	+128.5%
Average			+68.2%

Shanghai vs. Caracas - Cost of groceries

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pay 8.1% more for transportation

	Shanghai	Caracas
Gasoline (1 gallon)	$4.96 CN¥33.21	$3.18 VEF31.72	-35.9%
Monthly public transit pass	$29.83 CN¥199.59	$30.00 VEF299.24	+0.6%
New Volkswagen Golf 1.4 (standard edition)	$19,374.76 CN¥130K	$25,000.00 VEF249K	+29.0%
Taxi trip in downtown area (5 miles)	$5.67 CN¥37.92	$27.00 VEF269.31	+376.4%
Average			+8.1%

Shanghai vs. Caracas - Cost of transportation

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pay 34.6% less for housing

	Shanghai	Caracas
Internet connection 50 mbps or faster, cable/dsl	$10.55 CN¥70.59	$37.99 VEF378.95	+260.1%
1-Bedroom apartment in downtown area	$1,036.96 CN¥6,938.07	$610.08 VEF6,085.28	-41.2%
1-Bedroom apartment outside city center	$588.71 CN¥3,938.93	$425.00 VEF4,239.16	-27.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$44.06 CN¥294.77	$16.60 VEF165.55	-62.3%
Average			-34.6%

Shanghai vs. Caracas - Cost of housing

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pay 84.2% less for childcare

	Shanghai	Caracas
Private preschool for 1 child, monthly	$1,413.50 CN¥9,457.42	$160.00 VEF1,595.92	-88.7%
Middle school for 1 child, two semesters	$27,686.22 CN¥185K	$6,100.00 VEF60,844.46	-78.0%
Average			-84.2%

Shanghai vs. Caracas - Cost of childcare

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pay 6.5% more for entertainment and sports

	Shanghai	Caracas
Domestic/local beer (1 pint)	$1.19 CN¥7.98	$2.00 VEF19.95	+67.6%
Cappuccino in mid-range area	$3.35 CN¥22.41	$3.63 VEF36.19	+8.3%
Pack of cigarettes Marlboro or similar	$3.73 CN¥24.95	$4.58 VEF45.68	+22.8%
Monthly membership at local gym	$65.69 CN¥439.52	$66.50 VEF663.30	+1.2%
Movie ticket to theater/cinema	$8.95 CN¥59.88	$6.50 VEF64.83	-27.4%
Average			+6.5%

Shanghai vs. Caracas - Cost of entertainment and sports

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pay 44.3% more for clothing

	Shanghai	Caracas
Regular jeans Levi's brand	$54.37 CN¥363.79	$76.58 VEF763.81	+40.8%
Regular dress from H&M or similar store	$37.09 CN¥248.19	$50.89 VEF507.62	+37.2%
Running shoes Nike or Adidas	$75.49 CN¥505.08	$133.76 VEF1,334.21	+77.2%
Men's business shoes (leather)	$105.70 CN¥707.25	$133.87 VEF1,335.27	+26.6%
Average			+44.3%

Shanghai 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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