Cost of living comparison between Caracas, Venezuela and 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 | 4% | |||
|---|---|---|---|---|
| Food in Caracas (Venezuela) is 4% more expensive 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 | 57% |
 |
500 gr (1 lb.) of boneless chicken breast | Bs 142 ($14) | $5.72 | 149% |
 |
1 liter (1 qt.) of whole fat milk | Bs 3.08 ($0.31) | $0.82 | 62% |
 |
12 eggs, large | Bs 22 ($2.24) | $2.02 | 11% |
 |
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 63 ($6) | $4.46 | 41% |
 |
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 24 ($2.45) | $1.82 | 34% |
 |
Bread for 2 people for 1 day | Bs 0.70 ($0.07) | $1.78 | 96% |
| Housing | 49% | |||
| Housing in Caracas (Venezuela) is 49% 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 39,460 ($3,956) | $1,375 | 188% |
 |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 2,308 ($231) | $134 | 72% |
 |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | Bs 25,112 ($2,518) | $1,083 | 132% |
 |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | Bs 22,771 ($2,283) | $802 | 185% |
 |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | Bs 1,233 ($124) | $67 | 84% |
 |
Internet 8 Mbps (1 month) | Bs 53 ($5.29) | $51 | 90% |
 |
40” flat screen TV | Bs 33,783 ($3,387) | $392 | 764% |
 |
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | Bs 5,143 ($516) | $126 | 310% |
 |
Laundry detergent (3 l. ~ 100 oz.) | Bs 195 ($20) | $12 | 68% |
 |
Hourly rate for cleaning help | Bs 342 ($34) | $23 | 48% |
| Clothes | 259% | |||
| Clothes in Caracas (Venezuela) is 259% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
 |
1 pair of jeans (Levis 501 or similar) | Bs 3,068 ($308) | $39 | 689% |
 |
1 summer dress in a High Street Store (Zara, H&M or similar retailers) | Bs 718 ($72) | $30 | 137% |
 |
1 pair of sport shoes (Nike, Adidas, or equivalent brands) | Bs 2,453 ($246) | $81 | 204% |
 |
1 pair of men’s leather business shoes | Bs 3,009 ($302) | $84 | 258% |
| Transportation | 26% | |||
| Transportation in Caracas (Venezuela) is 26% cheaper than in Minneapolis - St. Paul, Minnesota (United States) | ||||
 |
Volkswagen Golf 2.0 TDI 140 CV (or equivalent), with no extras, new | Bs 738,048 ($73,992) | $20,408 | 263% |
 |
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 26 ($2.58) | $18 | 86% |
| Personal Care | 39% | |||
| Personal Care in Caracas (Venezuela) is 39% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
 |
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | Bs 158 ($16) | $8 | 91% |
 |
1 box of antibiotics (12 doses) | Bs 333 ($33) | $26 | 27% |
 |
Short visit to private Doctor (15 minutes) | Bs 1,600 ($160) | $169 | 5% |
 |
1 box of 32 tampons (Tampax, OB, ...) | Bs 115 ($12) | $8 | 42% |
 |
Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 85 ($9) | $3.13 | 173% |
 |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 111 ($11) | $4.13 | 170% |
 |
4 rolls of toilet paper | Bs 43 ($4.27) | $3.81 | 12% |
 |
Tube of toothpaste | Bs 53 ($5.28) | $1.62 | 225% |
 |
Standard men's haircut in expat area of the city | Bs 590 ($59) | $16 | 268% |
| Entertainment | 145% | |||
| Entertainment in Caracas (Venezuela) is 145% more expensive than in Minneapolis - St. Paul, Minnesota (United States) | ||||
 |
Basic dinner out for two in neighborhood pub | Bs 1,337 ($134) | $40 | 238% |
 |
2 tickets to the movies | Bs 727 ($73) | $18 | 305% |
 |
2 tickets to the theater (best available seats) | Bs 2,231 ($224) | $158 | 41% |
 |
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) | $9 | 234% |
 |
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 4,629 ($464) | $144 | 223% |
 |
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 2,764 ($277) | $44 | 531% |
 |
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 2,899 prices entered by 300 different people.
These prices were last updated on September 30, 2016.
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 $4,355
(Bs 43,443)
in Caracas
to maintain the same standard of living that you can have with
$3,125
in Minneapolis - St. Paul, Minnesota.
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