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 | - 2% | |||
|---|---|---|---|---|
| Food in Caracas (Venezuela) is 2% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Basic lunchtime menu (including a drink) in the business district | Bs 25 ($2.54) | $11 | - 77% | |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | Bs 29 ($2.88) | $7 | - 59% | |
| 500 gr (1 lb.) of boneless chicken breast | Bs 141 ($14) | $5.72 | + 148% | |
| 1 liter (1 qt.) of whole fat milk | Bs 3.08 ($0.31) | $0.86 | - 64% | |
| 12 eggs, large | Bs 20 ($1.96) | $2.02 | - 3% | |
| 1 kg (2 lb.) of tomatoes | Bs 94 ($9) | $4.36 | + 116% | |
| 500 gr (16 oz.) of local cheese | Bs 7 ($0.69) | $6 | - 89% | |
| 1 kg (2 lb.) of apples | Bs 96 ($10) | $5.14 | + 87% | |
| 1 kg (2 lb.) of potatoes | Bs 50 ($4.99) | $4.46 | + 12% | |
| 0.5 l (16 oz) domestic beer in the supermarket | Bs 2.73 ($0.27) | $3.07 | - 91% | |
| 1 bottle of red table wine, good quality | Bs 238 ($24) | $12 | + 99% | |
| 2 liters of Coca-Cola | Bs 6 ($0.63) | $2.00 | - 69% | |
| Bread for 2 people for 1 day | Bs 0.70 ($0.07) | $1.78 | - 96% | |
| Housing | + 55% | |||
| Housing in Caracas (Venezuela) is 55% 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 ($632) | $1,875 | - 66% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | Bs 34,235 ($3,432) | $1,375 | + 150% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 3,038 ($305) | $134 | + 127% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | Bs 27,518 ($2,759) | $1,083 | + 155% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | Bs 19,896 ($1,995) | $802 | + 149% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | Bs 2,735 ($274) | $67 | + 309% | |
| Internet 8 Mbps (1 month) | Bs 53 ($5.29) | $51 | - 90% | |
| 40” flat screen TV | Bs 33,750 ($3,383) | $379 | + 793% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | Bs 5,136 ($515) | $140 | + 267% | |
| Laundry detergent (3 l. ~ 100 oz.) | Bs 196 ($20) | $13 | + 56% | |
| Hourly rate for cleaning help | Bs 528 ($53) | $26 | + 101% | |
| Clothes | + 237% | |||
| Clothes in Caracas (Venezuela) is 237% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| 1 pair of jeans (Levis 501 or similar) | Bs 3,063 ($307) | $39 | + 687% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | Bs 734 ($74) | $30 | + 142% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | Bs 2,481 ($249) | $81 | + 207% | |
| 1 pair of men’s leather business shoes | Bs 3,018 ($303) | $84 | + 259% | |
| Transportation | - 13% | |||
| Transportation in Caracas (Venezuela) is 13% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | Bs 797,116 ($79,911) | $20,408 | + 292% | |
| 1 liter (1/4 gallon) of gas | Bs 0.10 ($0.01) | $0.82 | - 99% | |
| Monthly ticket public transport | Bs 11 ($1.14) | $70 | - 98% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | Bs 149 ($15) | $17 | - 13% | |
| Personal Care | + 64% | |||
| Personal Care in Caracas (Venezuela) is 64% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | Bs 182 ($18) | $8 | + 136% | |
| 1 box of antibiotics (12 doses) | Bs 289 ($29) | $24 | + 19% | |
| Short visit to private Doctor (15 minutes) | Bs 1,766 ($177) | $126 | + 40% | |
| 1 box of 32 tampons (Tampax, OB, ...) | Bs 115 ($12) | $8 | + 38% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 84 ($8) | $3.37 | + 151% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 111 ($11) | $4.91 | + 127% | |
| 4 rolls of toilet paper | Bs 42 ($4.24) | $3.86 | + 10% | |
| Tube of toothpaste | Bs 61 ($6) | $1.36 | + 346% | |
| Standard men's haircut in expat area of the city | Bs 541 ($54) | $19 | + 193% | |
| Entertainment | + 105% | |||
| Entertainment in Caracas (Venezuela) is 105% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Basic dinner out for two in neighborhood pub | Bs 1,337 ($134) | $42 | + 222% | |
| 2 tickets to the movies | Bs 727 ($73) | $18 | + 305% | |
| 2 tickets to the theater (best available seats) | Bs 1,858 ($186) | $170 | + 10% | |
| Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | Bs 265 ($27) | $45 | - 41% | |
| 1 cocktail drink in downtown club | Bs 309 ($31) | $10 | + 225% | |
| Cappuccino in expat area of the city | Bs 77 ($8) | $3.71 | + 109% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Bs 6 ($0.63) | $4.50 | - 86% | |
| iPod nano 16GB | Bs 4,627 ($464) | $144 | + 222% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Bs 0.76 ($0.08) | $0.15 | - 49% | |
| 1 month of gym membership in business district | Bs 1,653 ($166) | $44 | + 278% | |
| 1 package of Marlboro cigarettes | Bs 5.76 ($0.58) | $8 | - 93% | |
| TOTAL | + 39% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 5,602 prices entered by 561 different people.
These prices were last updated on June 28, 2017.
Exchange rate:
0.10025
USD
/
VEF
*
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Cost of living in Caracas (Venezuela) is 39% more expensive than in Minneapolis - St. Paul, Minnesota (United States)
For example, you would need at least $7,352
(Bs 73,341)
in Caracas
to maintain the same standard of living that you can have with
$5,300
in Minneapolis - St. Paul, Minnesota.
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