Last update: Oct 2026

Cost of Living Comparison Between Burnaby and Caracas

For one person, living is cheaper in Caracas: $1,338 a month against $2,738 in Burnaby, rent and utilities included – about $16,800 less a year. Rent and utilities account for most of the difference.

133

Cost of Living Index in Burnaby
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Burnaby Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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Burnaby

🇨🇦 Canada

$2,738

/mo nomad

Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monthly Cost of Living

How much you'll spend in Burnaby and in Caracas

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Burnaby and in Caracas actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,738 in Burnaby versus $1,338 in Caracas.

Burnaby $2,738
Caracas $1,338

Estimated couple costs with rent: $3,928 in Burnaby versus $2,238 in Caracas.

Burnaby $3,928
Caracas $2,238

Monthly costs for a family of three with rent: $5,117 in Burnaby versus $3,138 in Caracas.

Burnaby $5,117
Caracas $3,138

Living in Burnaby is roughly 105% more expensive than in Caracas, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Burnaby is 103% above, Caracas is 1% below.

Meal at Budget Restaurant

$21.18 CA$29.94

$10.82 VES 9,501

95.75%

Three-Course Dinner for Two, Mid-Range

$83.7 CA$118

$67.1 VES 58.9K

24.74%

Fast Food Meal (McDonalds, etc)

$8.94 CA$12.64

$10.83 VES 9,507

-17.45%

Cappuccino

$4.66 CA$6.59

$3.71 VES 3,258

25.61%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.30 CA$3.26

$1.57 VES 1,380

46.50%

Water (0.33 liter bottle)

$1.68 CA$2.38

$1.31 VES 1,148

28.24%

Local Beer (0.5 liter draught)

$8.45 CA$11.95

$1.97 VES 1,730

328.93%

Imported Beer (0.33 liter bottle)

$5.81 CA$8.21

$3.06 VES 2,690

89.87%

Milk (1 liter)

$2.30 CA$3.25

$2.69 VES 2,364

-14.50%

White Bread (500g)

$2.71 CA$3.83

$2.24 VES 1,967

20.98%

Rice (white) (1kg)

$3.53 CA$4.99

$1.90 VES 1,668

85.79%

Eggs

$3.08 CA$4.36

$4.76 VES 4,181

-35.29%

Local Cheese (1kg)

$13.50 CA$19.08

$10.24 VES 8,987

31.84%

Chicken Fillets (1kg)

$13.49 CA$19.08

$9.35 VES 8,207

44.28%

Beef Round Steak (1kg)

$25.16 CA$35.57

$11.49 VES 10.1K

118.97%

Apples (1kg)

$4.46 CA$6.30

$7.28 VES 6,388

-38.74%

Banana (1kg)

$1.30 CA$1.84

$2.06 VES 1,805

-36.89%

Oranges (1kg)

$4.52 CA$6.38

$2.16 VES 1,893

109.26%

Tomato (1kg)

$4.63 CA$6.54

$2.27 VES 1,996

103.96%

Potato (1kg)

$2.81 CA$3.97

$2.27 VES 1,990

23.79%

Onion (1kg)

$3.47 CA$4.90

$2.16 VES 1,901

60.65%

Lettuce (1 head)

$2.68 CA$3.79

$1.64 VES 1,438

63.41%

Water (1.5 liter bottle)

$2.11 CA$2.99

$2.36 VES 2,072

-10.59%

Cigarettes 20 Pack (Marlboro, Camel)

$13.99 CA$19.78

$4.68 VES 4,110

198.93%

Wine (Bottle)

$13.46 CA$19.03

$11.92 VES 10.5K

12.92%

Local Beer (0.5 liter bottle)

$2.08 CA$2.94

$1.43 VES 1,252

45.45%

Imported Beer (0.33 liter bottle)

$2.28 CA$3.22

$2.05 VES 1,799

11.22%

One-way Ticket (Public Transport)

$2.32 CA$3.28

$0.52 VES 459

346.15%

Public Transport Monthly Pass (Regular Price)

$79.5 CA$112

$30.37 VES 26.7K

161.80%

Taxi Start (Normal Tariff)

$2.87 CA$4.05

$4.92 VES 4,317

-41.67%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.13

$2.81 VES 2,464

-46.62%

Taxi 1hour Waiting (Normal Tariff)

$26.37 CA$37.27

$14.91 VES 13.1K

76.86%

Gasoline (1 liter)

$1.30 CA$1.84

$0.88 VES 769

47.73%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.6K CA$39.0K

$24.8K VES 21.8M

11.17%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$18.7K CA$26.4K

$38.1K VES 33.5M

-51.06%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$120 CA$170

$21.49 VES 18.9K

460.17%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$43.55 CA$61.6

$11.73 VES 10.3K

271.27%

Internet (50+ Mbps, Unlimited Data)

$53.1 CA$75.1

$38.50 VES 33.8K

37.87%

Gym Membership (Monthly)

$29.72 CA$42.01

$65.8 VES 57.8K

-54.83%

Tennis Court (1 Hour on Weekend)

$10.33 CA$14.61

$17.81 VES 15.6K

-42.00%

Cinema Ticket

$13.91 CA$19.67

$6.35 VES 5,573

119.06%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$634 CA$897

$157 VES 138.0K

303.35%

International Primary School, 1 Child (Yearly)

$6,098 VES 5.4M

Jeans (Levis 501 Or Similar)

$51.7 CA$73.1

$81.0 VES 71.1K

-36.22%

Summer Dress (H&M, Zara, etc)

$51.6 CA$73.0

$50.1 VES 44.0K

2.97%

Sport Shoes (Adidas, Nike)

$102 CA$144

$133 VES 117.0K

-23.67%

Men's Leather Business Shoes

$77.4 CA$109

$134 VES 117.7K

-42.24%

1-bedroom Apartment, City Center (Monthly)

$1,628 CA$2,302

$608 VES 534.1K

167.65%

1-bedroom Apartment, Outside City Center (Monthly)

$1,491 CA$2,108

$428 VES 375.9K

248.22%

3-bedroom Apartment, City Center (Monthly)

$2,454 CA$3,469

$1,113 VES 977.4K

120.42%

3-bedroom Apartment, Outside City Center (Monthly)

$2,187 CA$3,092

$872 VES 765.6K

150.76%

Buy Apartment in City Center (m2)

$6,588 CA$9,313

$1,462 VES 1.3M

350.49%

Buy Apartment Outside City Center (m2)

$5,530 CA$7,817

$670 VES 587.9K

725.82%

Average Monthly Net Salary (After Tax)

$3,144 CA$4,445

$303 VES 265.6K

939.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

-78.36%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Burnaby: October 11, 2026

Last update for Caracas: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Burnaby

$1.5K 54.4%

Caracas

$428 32% 71.3% $1.1K

Groceries & Markets

Burnaby

$425 15.5%

Caracas

$338 25.2% 20.5% $87

Eating Out

Burnaby

$322 11.8%

Caracas

$191 14.3% 40.7% $131

Monthly Utilities & Internet

Burnaby

$217 7.9%

Caracas

$72 5.4% 67% $145

Clothing & Footwear

Burnaby

$127 4.6%

Caracas

$179 13.4% 41.1% $52

Getting Around

Burnaby

$99 3.6%

Caracas

$51 3.8% 48.2% $48

Sport & Entertainment

Burnaby

$58 2.1%

Caracas

$79 5.9% 36.4% $21

Cost Breakdown

A one-bedroom apartment in the center runs $1,628 in Burnaby and $608 in Caracas. Housing cost is often the main lever when comparing two cities.

Burnaby pays 939% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $84.0 in Burnaby vs $67.0 in Caracas for a mid-range dinner for two. Groceries echo the gap at $425 vs $338 per month, with Caracas cheaper across the board.

Good to know

🇨🇦 Burnaby

🇻🇪 Caracas

🕒 Local time

13:25 1:25 PM

16:25 4:25 PM

3 h ahead of Burnaby

🌤 Weather

👥 Population

249,125

3,274,000 Capital

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1,000 VES = 1.14 USD

1,000 VES = 1.01 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Venezuelan Bolívar exchange rates as of October 18, 2026: 1 USD = 878 VES (1,000 VES = 1.14 USD). 1 EUR = 987 VES (1,000 VES = 1.01 EUR).

USD to CAD in detail →

On the map

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Between locations

Burnaby Caracas 6,700 km ≈ 9 h nonstop flight

From you

Burnaby
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Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Burnaby vs Caracas: Cost of Living - Frequently Asked Questions

Burnaby and Caracas differ by about 105% in total monthly costs ($2,738 vs $1,338 including rent). Caracas is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 939% higher in Burnaby, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,628 in Burnaby versus $608 in Caracas. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $634 in Burnaby versus $157 in Caracas. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 26% higher in Burnaby. For households that cook at home regularly, that difference adds up over a month.

At $1,338 in Caracas versus $2,738 in Burnaby, a $1,500 budget is realistic in Caracas but tight or insufficient in Burnaby. The gap between the two cities makes Caracas the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Caracas gentler on the wallet – expenses run 105% less than in Burnaby. Beyond cost, consider language, visa policies, and how big the international community is in each city.