Cost of living in Caracas, Venezuela compared to Minneapolis - St. Paul, Minnesota, United States
WARNING!
Caracas has artificial and unrealistic official exchange rates.
You can also get this comparison using the parallel street rate in Caracas.
Currency:
| Food | - 45% | |||
|---|---|---|---|---|
| Food in Caracas (Venezuela) is 45% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Basic lunchtime menu (including a drink) in the business district | Bs 25 ($0.00) | $11 | - 100% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | Bs 29 ($0.00) | $7 | - 100% | |
| 500 gr (1 lb.) of boneless chicken breast | Bs 359,269 ($6) | $5.72 | + 6% | |
| 1 liter (1 qt.) of whole fat milk | Bs 3.08 ($0.00) | $0.87 | - 100% | |
| 12 eggs, large | Bs 250,982 ($4.23) | $2.02 | + 109% | |
| 1 kg (2 lb.) of tomatoes | Bs 160,734 ($2.71) | $4.36 | - 38% | |
| 500 gr (16 oz.) of local cheese | Bs 7 ($0.00) | $6 | - 100% | |
| 1 kg (2 lb.) of apples | Bs 353,448 ($5.96) | $5.14 | + 16% | |
| 1 kg (2 lb.) of potatoes | Bs 115,629 ($1.95) | $4.46 | - 56% | |
| 0.5 l (16 oz) domestic beer in the supermarket | Bs 2.73 ($0.00) | $3.07 | - 100% | |
| 1 bottle of red table wine, good quality | Bs 1,670,310 ($28) | $12 | + 135% | |
| 2 liters of Coca-Cola | Bs 197,251 ($3.32) | $1.97 | + 69% | |
| Bread for 2 people for 1 day | Bs 0.70 ($0.00) | $1.78 | - 100% | |
| Housing | + 181% | |||
| Housing in Caracas (Venezuela) is 181% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | Bs 6,303 ($0.11) | $1,875 | - 100% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | Bs 537,367,000 ($9,054) | $1,375 | + 558% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 1,000,000 ($17) | $134 | - 87% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | Bs 500,000,000 ($8,424) | $1,083 | + 678% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | Bs 391,667,000 ($6,599) | $802 | + 723% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | Bs 3,000,000 ($51) | $67 | - 25% | |
| Internet 8 Mbps (1 month) | Bs 53 ($0.00) | $51 | - 100% | |
| 40” flat screen TV | Bs 31,818,200 ($536) | $344 | + 56% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | Bs 19,057,000 ($321) | $131 | + 145% | |
| Laundry detergent (3 l. ~ 100 oz.) | Bs 1,891,610 ($32) | $13 | + 153% | |
| Hourly rate for cleaning help | Bs 297,273 ($5.01) | $22 | - 77% | |
| Clothes | + 226% | |||
| Clothes in Caracas (Venezuela) is 226% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| 1 pair of jeans (Levis 501 or similar) | Bs 8,100,440 ($136) | $39 | + 250% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | Bs 5,683,000 ($96) | $30 | + 215% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | Bs 18,835,000 ($317) | $81 | + 292% | |
| 1 pair of men’s leather business shoes | Bs 13,317,900 ($224) | $84 | + 166% | |
| Transportation | - 51% | |||
| Transportation in Caracas (Venezuela) is 51% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | Bs 2,008,310,000 ($33,838) | $20,408 | + 66% | |
| 1 liter (1/4 gallon) of gas | Bs 0.10 ($0.00) | $0.82 | - 100% | |
| Monthly ticket public transport | Bs 11 ($0.00) | $70 | - 100% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | Bs 1,758,580 ($30) | $19 | + 54% | |
| Personal Care | + 21% | |||
| Personal Care in Caracas (Venezuela) is 21% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | Bs 972,204 ($16) | $8 | + 104% | |
| 1 box of antibiotics (12 doses) | Bs 2,613,490 ($44) | $21 | + 113% | |
| Short visit to private Doctor (15 minutes) | Bs 1,091,590 ($18) | $116 | - 84% | |
| 1 box of 32 tampons (Tampax, OB, ...) | Bs 1,128,920 ($19) | $6 | + 199% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 395,792 ($7) | $3.14 | + 112% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 693,973 ($12) | $4.90 | + 139% | |
| 4 rolls of toilet paper | Bs 524,838 ($9) | $3.09 | + 186% | |
| Tube of toothpaste | Bs 229,760 ($3.87) | $1.83 | + 112% | |
| Standard men's haircut in expat area of the city | Bs 468,371 ($8) | $21 | - 62% | |
| Entertainment | - 15% | |||
| Entertainment in Caracas (Venezuela) is 15% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Basic dinner out for two in neighborhood pub | Bs 2,737,820 ($46) | $39 | + 20% | |
| 2 tickets to the movies | Bs 701,844 ($12) | $18 | - 34% | |
| 2 tickets to the theater (best available seats) | Bs 1,000,000 ($17) | $186 | - 91% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | Bs 265 ($0.00) | $45 | - 100% | |
| 1 cocktail drink in downtown club | Bs 933,319 ($16) | $11 | + 46% | |
| Cappuccino in expat area of the city | Bs 242,547 ($4.09) | $3.71 | + 10% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Bs 6 ($0.00) | $4.50 | - 100% | |
| iPad Wi-Fi 128GB | Bs 107,224,000 ($1,807) | $431 | + 319% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Bs 0.76 ($0.00) | $0.15 | - 100% | |
| 1 month of gym membership in business district | Bs 637,492 ($11) | $44 | - 76% | |
| 1 package of Marlboro cigarettes | Bs 5.76 ($0.00) | $8 | - 100% | |
| TOTAL | + 42% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 4,894 prices entered by 473 different people.
These prices were last updated on April 23, 2018.
Exchange rate:
0.00002
USD
/
VEF
*
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Cost of living in Caracas (Venezuela) is 42% more expensive than in Minneapolis - St. Paul, Minnesota (United States)
For example, you would need at least $7,980
(Bs 473,619,593)
in Caracas
to maintain the same standard of living that you can have with
$5,600
in Minneapolis - St. Paul, Minnesota.
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