Cost of living in Caracas, Venezuela vs Bogotá, Colombia

warning WARNING! Caracas has artificial and unrealistic official exchange rates. You can also get this comparison using the parallel street rate in Caracas.
TOTAL - 70%
warning WARNING!  This comparison is based on only a few data points. At this point it is only a guess. It is based on 3,678 prices entered by 443 different people.
These prices were last updated on February 17, 2019. Exchange rate: 0.950 COP / VES *

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What is the price of

Furnished accommodation in EXPENSIVE area

in Bogotá?

COL$

International Cost of Living Index

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Cost of living in Caracas (Venezuela) is 70% cheaper than in Bogotá (Colombia)

For example, to keep the same standard of living that would require COL$8,920,000 in Bogotá you would need to make just about COL$2,668,955 (2,810,022 Bs.S.) in Caracas.

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