- Cost of Living
- Venezuela
- Nigeria
- Caracas
- Zaria
- Comparison
Cost of living in Caracas, Venezuela compared to Zaria, Nigeria

Currency:
Food | + 7% | |||
---|---|---|---|---|
Food in Caracas (Venezuela) is 7% more expensive than in Zaria (Nigeria) | ||||
Basic lunchtime menu (including a drink) in the business district | Bs 25 (0.14 ₦) | - | - | |
Combo meal in fast food restaurant (Big Mac Meal or similar) | Bs 29 (0.15 ₦) | 500 ₦ | - 100% | |
500 gr (1 lb.) of boneless chicken breast | Bs 359,269 (1,932 ₦) | 500 ₦ | + 286% | |
1 liter (1 qt.) of whole fat milk | Bs 3.08 (0.02 ₦) | 500 ₦ | - 100% | |
12 eggs, large | Bs 250,982 (1,349 ₦) | - | - | |
1 kg (2 lb.) of tomatoes | Bs 160,734 (864 ₦) | - | - | |
500 gr (16 oz.) of local cheese | Bs 7 (0.04 ₦) | - | - | |
1 kg (2 lb.) of apples | Bs 353,448 (1,900 ₦) | - | - | |
1 kg (2 lb.) of potatoes | Bs 115,629 (622 ₦) | - | - | |
0.5 l (16 oz) domestic beer in the supermarket | Bs 2.73 (0.01 ₦) | - | - | |
1 bottle of red table wine, good quality | Bs 1,670,310 (8,981 ₦) | - | - | |
2 liters of Coca-Cola | Bs 197,251 (1,061 ₦) | - | - | |
Bread for 2 people for 1 day | Bs 0.70 (0.00 ₦) | - | - | |
Housing | ||||
Housing in Caracas (Venezuela) is in Zaria (Nigeria) | ||||
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in EXPENSIVE area | Bs 6,303 (34 ₦) | - | - | |
Monthly rent for 85 m2 (900 Sqft) furnished accommodation in NORMAL area | Bs 537,367,000 (2,889,243 ₦) | - | - | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 1,000,000 (5,377 ₦) | - | - | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in EXPENSIVE area | Bs 500,000,000 (2,688,333 ₦) | - | - | |
Monthly rent for a 45 m2 (480 Sqft) furnished studio in NORMAL area | Bs 391,667,000 (2,105,863 ₦) | - | - | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 Sqft) studio | Bs 3,000,000 (16,130 ₦) | - | - | |
Internet 8 Mbps (1 month) | Bs 53 (0.28 ₦) | - | - | |
40” flat screen TV | Bs 31,818,200 (171,076 ₦) | - | - | |
Microwave 800/900 Watt (Bosch, Panasonic, LG, Sharp, or equivalent brands) | Bs 19,057,000 (102,463 ₦) | - | - | |
Laundry detergent (3 l. ~ 100 oz.) | Bs 1,891,610 (10,171 ₦) | - | - | |
Hourly rate for cleaning help | Bs 297,273 (1,598 ₦) | - | - | |
Clothes | ||||
Clothes in Caracas (Venezuela) is in Zaria (Nigeria) | ||||
1 pair of jeans (Levis 501 or similar) | Bs 8,100,440 (43,553 ₦) | - | - | |
1 summer dress in a High Street Store (Zara, H&M or similar retailers) | Bs 5,683,000 (30,556 ₦) | - | - | |
1 pair of sport shoes (Nike, Adidas, or equivalent brands) | Bs 18,835,000 (101,270 ₦) | - | - | |
1 pair of men’s leather business shoes | Bs 13,317,900 (71,606 ₦) | - | - | |
Transportation | - 35% | |||
Transportation in Caracas (Venezuela) is 35% cheaper than in Zaria (Nigeria) | ||||
Volkswagen Golf 1.4 TSI 150 CV (or equivalent), with no extras, new | Bs 2,008,310,000 (10,798,012 ₦) | - | - | |
1 liter (1/4 gallon) of gas | Bs 0.10 (0.00 ₦) | - | - | |
Monthly ticket public transport | Bs 11 (0.06 ₦) | 10,000 ₦ | - 100% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | Bs 1,758,580 (9,455 ₦) | - | - | |
Personal Care | ||||
Personal Care in Caracas (Venezuela) is in Zaria (Nigeria) | ||||
Cold medicine for 6 days (Tylenol, Frenadol, Coldrex, or equivalent brands) | Bs 972,204 (5,227 ₦) | - | - | |
1 box of antibiotics (12 doses) | Bs 2,613,490 (14,052 ₦) | - | - | |
Short visit to private Doctor (15 minutes) | Bs 1,091,590 (5,869 ₦) | - | - | |
1 box of 32 tampons (Tampax, OB, ...) | Bs 1,128,920 (6,070 ₦) | - | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 395,792 (2,128 ₦) | - | - | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 693,973 (3,731 ₦) | - | - | |
4 rolls of toilet paper | Bs 524,838 (2,822 ₦) | - | - | |
Tube of toothpaste | Bs 229,760 (1,235 ₦) | - | - | |
Standard men's haircut in expat area of the city | Bs 468,371 (2,518 ₦) | - | - | |
Entertainment | ||||
Entertainment in Caracas (Venezuela) is in Zaria (Nigeria) | ||||
Basic dinner out for two in neighborhood pub | Bs 2,737,820 (14,720 ₦) | - | - | |
2 tickets to the movies | Bs 701,844 (3,774 ₦) | - | - | |
2 tickets to the theater (best available seats) | Bs 1,000,000 (5,377 ₦) | - | - | |
Dinner for two at an Italian restaurant in the expat area including appetisers, main course, wine and dessert | Bs 265 (1.42 ₦) | - | - | |
1 cocktail drink in downtown club | Bs 933,319 (5,018 ₦) | - | - | |
Cappuccino in expat area of the city | Bs 242,547 (1,304 ₦) | - | - | |
1 beer in neighbourhood pub (500ml or 1pt.) | Bs 6 (0.03 ₦) | - | - | |
iPad Wi-Fi 128GB | Bs 107,224,000 (576,508 ₦) | - | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | Bs 0.76 (0.00 ₦) | - | - | |
1 month of gym membership in business district | Bs 637,492 (3,428 ₦) | - | - | |
1 package of Marlboro cigarettes | Bs 5.76 (0.03 ₦) | - | - | |
TOTAL | - 18% |

These prices were last updated on April 24, 2018.
Exchange rate:
0.00538
NGN
/
VEF
*
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Cost of living in Caracas (Venezuela) is 18% cheaper than in Zaria (Nigeria)
For example, to keep the same standard of living that would require
100 ₦
in Zaria
you would need to make just about 82 ₦
(Bs 15,294)
in Caracas.
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