Cost of living in Caracas (Venezuela) is 70% cheaper than in Bogotá (Colombia)
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.
For example, to keep the same standard of living that would require COL$9,560,000 in Bogotá you would need to make just about COL$2,860,449 (3,011,637 Bs.S.) in Caracas.