Is Caracas more expensive than Medellin?

Caracas is 13.8% more expensive than Medellin overall. Rent is 31.0% lower, groceries 21.6% more expensive, and restaurants 28.0% more expensive.

Which city has better purchasing power, Medellin or Caracas?

Medellin has a purchasing power index of 35.9 while Caracas has 18.1 (NYC = 100). Medellin offers better purchasing power.

Medellin vs Caracas: Caracas is 13.8% more expensive, rent 31% lower (2026)

Category	🇨🇴 Medellin	🇻🇪 Caracas	Difference
Cost of Living	28.9	32.9	+13.8%
Rent	20.0	13.8	-31.0%
Groceries	48.1	58.5	+21.6%
Restaurants	41.5	53.1	+28.0%
Purchasing Power	35.9	18.1	-49.6%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇨🇴 Cost of Living in Medellin

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🇻🇪 Cost of Living in Caracas

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