Cost of living comparison

Armenia

compared to

Venezuela

Caracas vs. Yerevan Cost of Living Summary

Caracas is 14.3% cheaper than Yerevan.

Restaurants: pay 6.5% more in Caracas
Groceries: pay 73.7% more in Caracas
Transportation: pay 12.1% less in Caracas
Housing: pay 42.8% less in Caracas
Childcare: pay 49.5% less in Caracas
Entertainment and Sports: pay 10.6% less in Caracas
Clothing: pay 16.3% less in Caracas

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

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Caracas vs. Yerevan Cost Breakdown

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

Display currency: USD

pay 6.5% more for restaurants

	Yerevan	Caracas
Basic meal with drink at inexpensive restaurant	$11.11 AMD4,013.18	$10.80 VEF107.76	-2.8%
Fast food combo meal McDonalds, or similar	$11.11 AMD4,013.18	$11.00 VEF109.72	-1.0%
Bottle of Coca-Cola (11 fl. oz)	$1.24 AMD448.98	$1.53 VEF15.23	+22.8%
Bottle of water (11 fl. oz)	$0.74 AMD266.17	$1.32 VEF13.13	+78.7%
Average			+6.5%

Yerevan vs. Caracas - Cost of restaurants

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pay 73.7% more for groceries

	Yerevan	Caracas
Bread 1 loaf	$1.00 AMD360.95	$2.27 VEF22.67	+127.5%
Local cheese (8 oz)	$4.44 AMD1,604.91	$5.08 VEF50.69	+14.4%
Milk (1 gallon)	$6.38 AMD2,305.72	$10.26 VEF102.36	+60.8%
Eggs 1 dozen	$2.83 AMD1,021.46	$4.73 VEF47.13	+67.1%
Boneless chicken breast (1 lb)	$3.54 AMD1,280.42	$4.21 VEF41.95	+18.7%
Apples (1 lb)	$0.69 AMD249.54	$3.29 VEF32.80	+376.1%
Bananas (1 lb)	$0.82 AMD295.95	$0.91 VEF9.08	+11.1%
Oranges (1 lb)	$0.90 AMD325.06	$0.99 VEF9.84	+9.6%
Tomatoes (1 lb)	$1.17 AMD421.41	$1.05 VEF10.45	-10.2%
Potatoes (1 lb)	$0.32 AMD117.33	$1.02 VEF10.17	+213.9%
Onions (1 lb)	$0.31 AMD111.33	$0.99 VEF9.88	+221.3%
Average			+73.7%

Yerevan vs. Caracas - Cost of groceries

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pay 12.1% less for transportation

	Yerevan	Caracas
Gasoline (1 gallon)	$6.06 AMD2,189.21	$3.18 VEF31.72	-47.5%
Monthly public transit pass	$25.00 AMD9,029.65	$30.00 VEF299.24	+20.0%
New Volkswagen Golf 1.4 (standard edition)	$35,000.00 AMD13M	$25,000.00 VEF249K	-28.6%
Taxi trip in downtown area (5 miles)	$5.92 AMD2,139.02	$27.00 VEF269.31	+356.0%
Average			-12.1%

Yerevan vs. Caracas - Cost of transportation

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pay 42.8% less for housing

	Yerevan	Caracas
Internet connection 50 mbps or faster, cable/dsl	$24.24 AMD8,755.42	$37.99 VEF378.95	+56.8%
1-Bedroom apartment in downtown area	$908.70 AMD328K	$610.08 VEF6,085.28	-32.9%
1-Bedroom apartment outside city center	$630.03 AMD228K	$425.00 VEF4,239.16	-32.5%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$96.84 AMD34,984.17	$16.60 VEF165.55	-82.9%
Average			-42.8%

Yerevan vs. Caracas - Cost of housing

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pay 49.5% less for childcare

	Yerevan	Caracas
Private preschool for 1 child, monthly	$372.81 AMD135K	$160.00 VEF1,595.92	-57.1%
Middle school for 1 child, two semesters	$10,250.15 AMD4M	$6,100.00 VEF60,844.46	-40.5%
Average			-49.5%

Yerevan vs. Caracas - Cost of childcare

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pay 10.6% less for entertainment and sports

	Yerevan	Caracas
Domestic/local beer (1 pint)	$2.78 AMD1,003.29	$2.00 VEF19.95	-28.0%
Cappuccino in mid-range area	$3.82 AMD1,381.46	$3.63 VEF36.19	-5.1%
Pack of cigarettes Marlboro or similar	$2.78 AMD1,003.29	$4.58 VEF45.68	+64.9%
Monthly membership at local gym	$73.26 AMD26,463.57	$66.50 VEF663.30	-9.2%
Movie ticket to theater/cinema	$8.33 AMD3,009.88	$6.50 VEF64.83	-22.0%
Average			-10.6%

Yerevan vs. Caracas - Cost of entertainment and sports

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pay 16.3% less for clothing

	Yerevan	Caracas
Regular jeans Levi's brand	$105.31 AMD38,041.59	$76.58 VEF763.81	-27.3%
Regular dress from H&M or similar store	$58.07 AMD20,977.22	$50.89 VEF507.62	-12.4%
Running shoes Nike or Adidas	$140.41 AMD50,722.12	$133.76 VEF1,334.21	-4.7%
Men's business shoes (leather)	$165.48 AMD59,779.64	$133.87 VEF1,335.27	-19.1%
Average			-16.3%

Yerevan 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 November 2026). How we calculate this

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