Last update: Oct 2026

Cost of Living Comparison Between Caracas and Bogota

For one person, living costs are similar in Caracas and in Bogota: $1,312 and $1,310 a month, rent and utilities included.

65

Cost of Living Index in Caracas
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Caracas Living Index
62

Cost of Living Index in Bogota
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Bogota Living Index

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Caracas

🇻🇪 Venezuela

$1,312

/mo nomad

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Bogota

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

A single person spends $1,312 per month in Caracas vs $1,310 in Bogota, rent included.

Caracas $1,312
Bogota $1,310

A couple spends around $2,236 per month in Caracas vs $2,073 in Bogota, rent included.

Caracas $2,236
Bogota $2,073

A family of three spends $3,160 per month in Caracas vs $2,836 in Bogota, rent included.

Caracas $3,160
Bogota $2,836

Caracas and Bogota have comparable living costs – the differences are in the details.

Both Caracas and Bogota are more affordable than the global median – Caracas 2% lower, Bogota 2% lower.

Meal at Budget Restaurant

$10.63 VES 9,271

$7.62 COP 24.5K

39.50%

Three-Course Dinner for Two, Mid-Range

$68.2 VES 59.5K

$40.93 COP 131.8K

66.58%

Fast Food Meal (McDonalds, etc)

$10.99 VES 9,589

$9.96 COP 32.1K

10.34%

Cappuccino

$3.73 VES 3,258

$2.46 COP 7,933

51.63%

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

$1.54 VES 1,346

$1.36 COP 4,394

13.24%

Water (0.33 liter bottle)

$1.28 VES 1,119

$0.82 COP 2,631

56.10%

Local Beer (0.5 liter draught)

$2.05 VES 1,792

$2.01 COP 6,472

1.99%

Imported Beer (0.33 liter bottle)

$2.91 VES 2,540

$3.85 COP 12.4K

-24.42%

Milk (1 liter)

$2.76 VES 2,407

$1.62 COP 5,213

70.37%

White Bread (500g)

$2.32 VES 2,025

$2.46 COP 7,909

-5.69%

Rice (white) (1kg)

$1.89 VES 1,651

$1.65 COP 5,311

14.55%

Eggs

$4.82 VES 4,210

$3.45 COP 11.1K

39.71%

Local Cheese (1kg)

$10.18 VES 8,879

$7.69 COP 24.8K

32.38%

Chicken Fillets (1kg)

$9.44 VES 8,241

$7.02 COP 22.6K

34.47%

Beef Round Steak (1kg)

$11.51 VES 10.0K

$9.72 COP 31.3K

18.42%

Apples (1kg)

$7.23 VES 6,307

$3.47 COP 11.2K

108.36%

Banana (1kg)

$1.96 VES 1,709

$1.78 COP 5,732

10.11%

Oranges (1kg)

$2.13 VES 1,860

$1.96 COP 6,305

8.67%

Tomato (1kg)

$2.37 VES 2,065

$1.75 COP 5,637

35.43%

Potato (1kg)

$2.24 VES 1,951

$1.40 COP 4,507

60.00%

Onion (1kg)

$2.24 VES 1,952

$1.39 COP 4,479

61.15%

Lettuce (1 head)

$1.61 VES 1,408

$1.31 COP 4,232

22.90%

Water (1.5 liter bottle)

$2.41 VES 2,099

$1.16 COP 3,724

107.76%

Cigarettes 20 Pack (Marlboro, Camel)

$4.57 VES 3,985

$4.15 COP 13.4K

10.12%

Wine (Bottle)

$12.02 VES 10.5K

$12.24 COP 39.4K

-1.80%

Local Beer (0.5 liter bottle)

$1.37 VES 1,193

$1.42 COP 4,575

-3.52%

Imported Beer (0.33 liter bottle)

$2.17 VES 1,891

$2.83 COP 9,117

-23.32%

One-way Ticket (Public Transport)

$0.51 VES 448

$1.06 COP 3,426

-51.89%

Public Transport Monthly Pass (Regular Price)

$29.63 VES 25.8K

$48.65 COP 156.7K

-39.10%

Taxi Start (Normal Tariff)

$4.88 VES 4,261

$2.28 COP 7,335

114.04%

Taxi (Normal Tariff) (1km)

$2.68 VES 2,340

$2.31 COP 7,454

16.02%

Taxi 1hour Waiting (Normal Tariff)

$15.17 VES 13.2K

$9.26 COP 29.8K

63.82%

Gasoline (1 liter)

$0.86 VES 752

$1.26 COP 4,042

-31.75%

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

$25.1K VES 21.9M

$23.4K COP 75.3M

7.58%

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

$38.6K VES 33.7M

$35.3K COP 113.7M

9.44%

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

$22.07 VES 19.3K

$121 COP 389.4K

-81.75%

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

$11.81 VES 10.3K

$15.63 COP 50.3K

-24.44%

Internet (50+ Mbps, Unlimited Data)

$38.64 VES 33.7K

$29.00 COP 93.4K

33.24%

Gym Membership (Monthly)

$66.8 VES 58.3K

$32.55 COP 104.8K

105.31%

Tennis Court (1 Hour on Weekend)

$17.23 VES 15.0K

$15.14 COP 48.7K

13.80%

Cinema Ticket

$6.48 VES 5,652

$7.55 COP 24.3K

-14.17%

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

$159 VES 139.1K

$465 COP 1.5M

-65.69%

International Primary School, 1 Child (Yearly)

$6,138 VES 5.4M

$8,119 COP 26.1M

-24.40%

Jeans (Levis 501 Or Similar)

$77.8 VES 67.9K

$82.5 COP 265.6K

-5.71%

Summer Dress (H&M, Zara, etc)

$50.6 VES 44.1K

$46.69 COP 150.3K

8.31%

Sport Shoes (Adidas, Nike)

$136 VES 118.9K

$142 COP 457.4K

-4.09%

Men's Leather Business Shoes

$136 VES 118.9K

$104 COP 335.2K

30.91%

1-bedroom Apartment, City Center (Monthly)

$619 VES 539.7K

$781 COP 2.5M

-20.82%

1-bedroom Apartment, Outside City Center (Monthly)

$418 VES 364.4K

$440 COP 1.4M

-5.08%

3-bedroom Apartment, City Center (Monthly)

$1,106 VES 964.6K

$1,258 COP 4.1M

-12.11%

3-bedroom Apartment, Outside City Center (Monthly)

$887 VES 773.6K

$974 COP 3.1M

-8.95%

Buy Apartment in City Center (m2)

$1,458 VES 1.3M

$2,755 COP 8.9M

-47.06%

Buy Apartment Outside City Center (m2)

$690 VES 602.3K

$2,239 COP 7.2M

-69.17%

Average Monthly Net Salary (After Tax)

$304 VES 265.0K

$795 COP 2.6M

-61.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

71.74%

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

Last update for Caracas: October 3, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$418 31.4%

Bogota

$440 34% 5.3% $22

Groceries & Markets

Caracas

$340 25.6%

Bogota

$256 19.9% 24.5% $83

Eating Out

Caracas

$190 14.3%

Bogota

$147 11.4% 22.7% $43

Clothing & Footwear

Caracas

$180 13.6%

Bogota

$169 13.1% 6.4% $11

Sport & Entertainment

Caracas

$80 6%

Bogota

$48 3.7% 40.3% $32

Monthly Utilities & Internet

Caracas

$73 5.5%

Bogota

$166 12.8% 128% $93

Getting Around

Caracas

$50 3.8%

Bogota

$67 5.2% 33.6% $17

Cost Breakdown

A central one-bedroom costs $619 in Caracas versus $781 in Bogota. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 162% higher in Bogota. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $68.0 in Caracas versus $41.00 in Bogota. Monthly groceries follow the same trend: $340 vs $256 – making Bogota the more affordable choice for daily food spending.

Good to know

🇻🇪 Caracas

🇨🇴 Bogota

🕒 Local time

03:42 3:42 AM

02:42 2:42 AM

1 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

8,181,047 Capital

💱 Currency

Venezuelan Bolívar VES Bs.S

Colombian Peso COP $

📈 Exchange rate

1,000 VES = 1.15 USD

1,000 VES = 1.02 EUR

10,000 COP = 3.11 USD

10,000 COP = 2.77 EUR

Exchange rates and currency converter

COP, USD, EUR to VES – Venezuelan Bolívar Converter

🇺🇸 United States Dollar ($)

🇻🇪 Venezuelan Bolívar (Bs.S)

Venezuelan Bolívar exchange rates as of October 10, 2026: 1 USD = 873 VES (1,000 VES = 1.15 USD). 1 EUR = 979 VES (1,000 VES = 1.02 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,220 COP (10,000 COP = 3.11 USD). 1 EUR = 3,611 COP (10,000 COP = 2.77 EUR).

USD to VES in detail →

On the map

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Between locations

Caracas Bogota 1,020 km ≈ 1 h 45 min nonstop flight

From you

Caracas
Bogota

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

Caracas vs Bogota: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $1,968 per month in Caracas and $1,966 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Bogota, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $68.0 in Caracas and $41.00 in Bogota. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Public transport costs about 64% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,310, than in Caracas at $1,312. In Bogota it covers expenses comfortably, while in Caracas it requires careful planning or may not stretch far enough.

Families tend to lean toward Bogota – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Bogota. If higher salaries, better infrastructure, or specific career opportunities are the priority, Caracas makes more sense. Both are solid long-term options with distinct trade-offs.