Cost of living in Caracas, Venezuela vs Bogotá, Colombia
WARNING! Caracas has artificial and unrealistic official exchange rates. You can also get this comparison using the parallel street rate in Caracas.
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 5,816 prices entered by 600 different people.
These prices were last updated on May 09, 2021. Exchange rate: 0.00131 COP / VES *
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Cost of living in Caracas (Venezuela) is 95% cheaper than in Bogotá (Colombia)
For example, to keep the same standard of living that would require COL$9,610,000 in Bogotá you would need to make just about COL$515,461 (393,212,730 Bs.S.) in Caracas.
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