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 | - 49% | |||
|---|---|---|---|---|
| Food in Caracas (Venezuela) is 49% 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 393,498 ($4.93) | $5.72 | - 14% | |
| 1 liter (1 qt.) of whole fat milk | Bs 3.08 ($0.00) | $0.87 | - 100% | |
| 12 eggs, large | Bs 280,125 ($3.51) | $2.02 | + 74% | |
| 1 kg (2 lb.) of tomatoes | Bs 208,900 ($2.62) | $4.36 | - 40% | |
| 500 gr (16 oz.) of local cheese | Bs 7 ($0.00) | $6 | - 100% | |
| 1 kg (2 lb.) of apples | Bs 632,396 ($8) | $5.14 | + 54% | |
| 1 kg (2 lb.) of potatoes | Bs 168,881 ($2.12) | $4.46 | - 53% | |
| 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 1,978,580 ($25) | $12 | + 107% | |
| 2 liters of Coca-Cola | Bs 201,256 ($2.52) | $1.91 | + 32% | |
| Bread for 2 people for 1 day | Bs 0.70 ($0.00) | $1.78 | - 100% | |
| Housing | + 52% | |||
| Housing in Caracas (Venezuela) is 52% 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 ($0.08) | $1,875 | - 100% | |
| Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | Bs 345,547,000 ($4,330) | $1,375 | + 215% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 1,000,000 ($13) | $134 | - 91% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | Bs 351,835,000 ($4,409) | $1,083 | + 307% | |
| Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | Bs 253,798,000 ($3,180) | $802 | + 297% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | Bs 3,000,000 ($38) | $67 | - 44% | |
| Internet 8 Mbps (1 month) | Bs 53 ($0.00) | $51 | - 100% | |
| 40” flat screen TV | Bs 44,936,700 ($563) | $354 | + 59% | |
| Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | Bs 19,057,000 ($239) | $135 | + 77% | |
| Laundry detergent (3 l. ~ 100 oz.) | Bs 2,429,140 ($30) | $11 | + 186% | |
| Hourly rate for cleaning help | Bs 420,000 ($5.26) | $23 | - 77% | |
| Clothes | + 181% | |||
| Clothes in Caracas (Venezuela) is 181% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| 1 pair of jeans (Levis 501 or similar) | Bs 7,807,500 ($98) | $39 | + 151% | |
| 1 summer dress in a High Street Store (Zara, H&M or similar retailers) | Bs 6,461,490 ($81) | $30 | + 166% | |
| 1 pair of sport shoes (Nike, Adidas, or equivalent brands) | Bs 20,938,700 ($262) | $81 | + 224% | |
| 1 pair of men’s leather business shoes | Bs 22,176,500 ($278) | $84 | + 229% | |
| Transportation | - 62% | |||
| Transportation in Caracas (Venezuela) is 62% 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 ($25,167) | $20,408 | + 23% | |
| 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 2,028,700 ($25) | $15 | + 65% | |
| Personal Care | + 11% | |||
| Personal Care in Caracas (Venezuela) is 11% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | Bs 786,803 ($10) | $8 | + 23% | |
| 1 box of antibiotics (12 doses) | Bs 2,317,720 ($29) | $20 | + 49% | |
| Short visit to private Doctor (15 minutes) | Bs 3,520,000 ($44) | $114 | - 61% | |
| 1 box of 32 tampons (Tampax, OB, ...) | Bs 1,128,920 ($14) | $5.76 | + 146% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 475,805 ($5.96) | $3.36 | + 77% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 881,420 ($11) | $4.74 | + 133% | |
| 4 rolls of toilet paper | Bs 564,552 ($7) | $3.14 | + 125% | |
| Tube of toothpaste | Bs 195,193 ($2.45) | $1.93 | + 27% | |
| Standard men's haircut in expat area of the city | Bs 306,660 ($3.84) | $20 | - 81% | |
| Entertainment | - 42% | |||
| Entertainment in Caracas (Venezuela) is 42% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
| Basic dinner out for two in neighborhood pub | Bs 2,737,820 ($34) | $42 | - 19% | |
| 2 tickets to the movies | Bs 594,819 ($7) | $18 | - 59% | |
| 2 tickets to the theater (best available seats) | Bs 1,000,000 ($13) | $194 | - 94% | |
| 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 ($12) | $11 | + 8% | |
| Cappuccino in expat area of the city | Bs 242,547 ($3.04) | $3.71 | - 18% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | Bs 6 ($0.00) | $4.50 | - 100% | |
| iPad Wi-Fi 128GB | Bs 107,224,000 ($1,344) | $428 | + 214% | |
| 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 ($8) | $44 | - 82% | |
| 1 package of Marlboro cigarettes | Bs 5.76 ($0.00) | $8 | - 100% | |
| TOTAL | - 9% | |||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 4,750 prices entered by 469 different people.
These prices were last updated on June 21, 2018.
Exchange rate:
0.00001
USD
/
VEF
*
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Cost of living in Caracas (Venezuela) is 9% cheaper than in Minneapolis - St. Paul, Minnesota (United States)
For example, to keep the same standard of living that would require
$5,400
in Minneapolis - St. Paul, Minnesota
you would need to make just about $4,925
(Bs 393,011,548)
in Caracas.
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