What is the cost of living in Caracas?

The cost of living in Caracas is 67.7% cheaper than New York City (index: 32.3). Groceries are 41.5% cheaper than NYC. Restaurants are 46.9% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately VES 523,237 per month. Local purchasing power index is 18.1 (NYC = 100).

🇻🇪 Venezuela · #359 of 577 cities · 2026

Should I Move to Caracas?

Q: Should I move to Caracas?

Caracas, Venezuela has a cost of living 67.7% cheaper than New York City (index: 32.3). It is ranked #359 out of 577 cities globally. Local purchasing power is very weak (index: 18.1 vs NYC = 100). Use our salary comparison calculator to see exactly how your take-home pay would change.

67.7% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-67.7%

vs NYC

VES 523,237

1-BR, city centre

18.1

Purchasing Power

Very weak

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Caracas?

Cost breakdown: Caracas

Cost indices vs NYC = 100

Cost of Living

32.3 Mid-priced

Rent

13.8 Very affordable

Groceries

58.5 Moderate

Restaurants

53.1 Affordable

Purchasing Power

18.1 Very weak

Rent in Caracas

1-BR, city centre VES 523,237/mo

1-BR, outside centre VES 364,503/mo

3-BR, city centre VES 949,037/mo

3-BR, outside centre VES 750,447/mo

Save by going outside centre 30% cheaper

Numbeo · 2026-10-02

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇦🇷 Buenos Aires

Argentina

CoL index 31.6

Compare Buenos Aires vs Caracas →

🇺🇾 Montevideo

Uruguay

CoL index 34.8

Compare Montevideo vs Caracas →

🇨🇴 Medellin

Colombia

CoL index 27.3

Compare Medellin vs Caracas →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Caracas after tax, in seconds.

Compare salaries → Full cost of living data

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