Is Mexico City more expensive than Caracas?

Mexico City is 0.6% more expensive than Caracas overall. Rent is 86.2% higher, groceries 5.6% cheaper, and restaurants 1.9% more expensive.

Which city has better purchasing power, Caracas or Mexico City?

Caracas has a purchasing power index of 17.1 while Mexico City has 49.5 (NYC = 100). Mexico City offers better purchasing power.

Cost of Living Comparison · 2026

🇻🇪 Caracas vs 🇲🇽 Mexico City

2026

Mexico City is 0.6% more expensive

Category	🇻🇪 Caracas	🇲🇽 Mexico City	Difference
Cost of Living	49.0	49.3	+0.6%
Rent	14.5	27.0	+86.2%
Groceries	61.2	57.8	-5.6%
Restaurants	47.7	48.6	+1.9%
Purchasing Power	17.1	49.5	+189.5%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇻🇪 Cost of Living in Caracas

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🇲🇽 Cost of Living in Mexico City

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