Cost of living in Caracas, Venezuela vs Bogotá, Colombia (using Black Market exchange rate)
WARNING! This comparison uses parallel "street rates" instead of the official exchange rates. You can also get this comparison using the official rates.
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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 3,678 prices entered by 443 different people.
These prices were last updated on February 17, 2019. Exchange rate: 1.256 COP / VESX *
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Cost of living in Caracas (Venezuela) is 61% cheaper than in Bogotá (Colombia)
For example, to keep the same standard of living that would require COL$8,260,000 in Bogotá you would need to make just about COL$3,203,289 (3,372,597 Bs.S.) in Caracas.
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