Cost of living in Caracas (Venezuela) is 48% more expensive than in Medellín (Colombia)
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This comparison is based on abundant and consistent data. It is based on 2,599 prices entered by 280 different people.
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Currency:
| Food | + 98% | |||
|---|---|---|---|---|
| Food in Caracas (Venezuela) is 98% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | US $24 (COL$107,664) | COL$32,134 | + 235% | |
| Combo meal in fast food restaurant (big mac meal or similar) | US $11 (COL$48,878) | COL$22,323 | + 119% | |
| 500 gr (1 lb.) of boneless chicken breast | US $3.16 (COL$14,026) | COL$12,457 | + 13% | |
| 1 liter (1 qt.) of whole fat milk | US $2.21 (COL$9,811) | COL$3,863 | + 154% | |
| 12 eggs, large | US $3.24 (COL$14,378) | COL$10,569 | + 36% | |
| 1 kg (2 lb.) of tomatoes | US $1.89 (COL$8,394) | COL$3,843 | + 118% | |
| 500 gr (16 oz.) of local cheese | US $3.89 (COL$17,261) | COL$13,588 | + 27% | |
| 1 kg (2 lb.) of apples | US $4.71 (COL$20,925) | COL$8,665 | + 141% | |
| 1 kg (2 lb.) of potatoes | US $2.27 (COL$10,087) | COL$4,664 | + 116% | |
| 0.5 l (16 oz) domestic beer in the supermarket | US $1.79 (COL$7,959) | COL$5,396 | + 47% | |
| 1 bottle of red table wine, good quality | US $10 (COL$44,363) | COL$44,972 | - 1% | |
| 2 liters of coca-cola | US $2.40 (COL$10,651) | COL$6,685 | + 59% | |
| Bread for 2 people for 1 day | US $1.27 (COL$5,643) | COL$5,367 | + 5% | |
| Housing | + 35% | |||
| Housing in Caracas (Venezuela) is 35% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | US $992 (COL$4,401,523) | COL$3,322,480 | + 32% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | US $499 (COL$2,213,090) | COL$1,652,800 | + 34% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | US $41 (COL$182,912) | COL$296,098 | - 38% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | US $617 (COL$2,738,580) | COL$1,952,220 | + 40% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | US $377 (COL$1,674,691) | COL$1,150,370 | + 46% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | US $29 (COL$127,935) | COL$199,282 | - 36% | |
| Internet 8 mbps (1 month) | US $28 (COL$124,703) | COL$85,672 | + 46% | |
| 40” flat screen tv | US $259 (COL$1,151,620) | COL$1,688,160 | - 32% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | US $157 (COL$698,675) | COL$774,932 | - 10% | |
| Laundry detergent (3 l. ~ 100 oz.) | US $10 (COL$42,952) | COL$26,646 | + 61% | |
| Hourly rate for cleaning help | US $10 (COL$43,056) | COL$13,016 | + 231% | |
| Clothes | + 41% | |||
| Clothes in Caracas (Venezuela) is 41% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| 1 pair of jeans (levis 501 or similar) | US $58 (COL$255,987) | COL$194,451 | + 32% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | US $34 (COL$149,856) | COL$104,922 | + 43% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | US $103 (COL$455,653) | COL$315,909 | + 44% | |
| 1 pair of men’s leather business shoes | US $85 (COL$375,052) | COL$258,907 | + 45% | |
| Transportation | + 10% | |||
| Transportation in Caracas (Venezuela) is 10% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | US $22,724 (COL$100,849,794) | COL$65,836,800 | + 53% | |
| 1 liter (1/4 gallon) of gas | US $0.51 (COL$2,275) | COL$3,774 | - 40% | |
| Monthly ticket public transport | US $28 (COL$126,311) | COL$131,646 | - 4% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | US $15 (COL$65,365) | COL$26,543 | + 146% | |
| Personal Care | + 38% | |||
| Personal Care in Caracas (Venezuela) is 38% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | US $3.65 (COL$16,190) | COL$20,231 | - 20% | |
| 1 box of antibiotics (12 doses) | US $11 (COL$50,111) | COL$35,044 | + 43% | |
| Short visit to private doctor (15 minutes) | US $37 (COL$163,862) | COL$91,946 | + 78% | |
| 1 box of 32 tampons (tampax, ob, ...) | US $5.20 (COL$23,086) | COL$27,294 | - 15% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | US $3.88 (COL$17,235) | COL$15,340 | + 12% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | US $5.44 (COL$24,155) | COL$16,983 | + 42% | |
| 4 rolls of toilet paper | US $2.73 (COL$12,122) | COL$7,972 | + 52% | |
| Tube of toothpaste | US $2.39 (COL$10,600) | COL$6,994 | + 52% | |
| Standard men's haircut in expat area of the city | US $19 (COL$86,328) | COL$30,725 | + 181% | |
| Entertainment | + 77% | |||
| Entertainment in Caracas (Venezuela) is 77% more expensive than in Medellín (Colombia) | ||||
| Update prices | Update prices | |||
| Caracas | Medellín | Diff | ||
| Basic dinner out for two in neighborhood pub | US $26 (COL$116,740) | COL$50,710 | + 130% | |
| 2 tickets to the movies | US $8 (COL$33,565) | COL$38,470 | - 13% | |
| 2 tickets to the theater (best available seats) | US $54 (COL$241,476) | COL$112,608 | + 114% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | US $48 (COL$214,634) | COL$112,873 | + 90% | |
| 1 cocktail drink in downtown club | US $9 (COL$39,508) | COL$28,904 | + 37% | |
| Cappuccino in expat area of the city | US $4.71 (COL$20,905) | COL$10,322 | + 103% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | US $1.53 (COL$6,778) | COL$4,456 | + 52% | |
| Ipad wi-fi 128gb | US $524 (COL$2,323,850) | COL$2,177,680 | + 7% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | US $0.21 (COL$943) | COL$218 | + 332% | |
| 1 month of gym membership in business district | US $63 (COL$279,819) | COL$149,538 | + 87% | |
| 1 package of marlboro cigarettes | US $3.19 (COL$14,154) | COL$22,434 | - 37% | |
 |
TOTAL | + 48% | ||
These prices were last updated on May 30, 2023.
Exchange rate:
4438.030
COP
/
USD
This comparison is based on abundant and consistent data. It is based on 2,599 prices entered by 280 different people.
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