Last update: Oct 2026

Cost of Living Comparison Between Caracas and Burnaby

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.

65

Cost of Living Index in Caracas
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Caracas Living Index
133

Cost of Living Index in Burnaby
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Burnaby Living Index

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Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Burnaby

🇨🇦 Canada

$2,738

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Burnaby

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 Burnaby actually costs, broken down by who's living it.

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

Caracas $1,338
Burnaby $2,738

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

Caracas $2,238
Burnaby $3,928

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

Caracas $3,138
Burnaby $5,117

Living in Caracas costs roughly 51% less than in Burnaby, and outside of rent the biggest gap is in eating out.

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

Meal at Budget Restaurant

$10.82 VES 9,501

$21.18 CA$29.94

-48.91%

Three-Course Dinner for Two, Mid-Range

$67.1 VES 58.9K

$83.7 CA$118

-19.84%

Fast Food Meal (McDonalds, etc)

$10.83 VES 9,507

$8.94 CA$12.64

21.14%

Cappuccino

$3.71 VES 3,258

$4.66 CA$6.59

-20.39%

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

$1.57 VES 1,380

$2.30 CA$3.26

-31.74%

Water (0.33 liter bottle)

$1.31 VES 1,148

$1.68 CA$2.38

-22.02%

Local Beer (0.5 liter draught)

$1.97 VES 1,730

$8.45 CA$11.95

-76.69%

Imported Beer (0.33 liter bottle)

$3.06 VES 2,690

$5.81 CA$8.21

-47.33%

Milk (1 liter)

$2.69 VES 2,364

$2.30 CA$3.25

16.96%

White Bread (500g)

$2.24 VES 1,967

$2.71 CA$3.83

-17.34%

Rice (white) (1kg)

$1.90 VES 1,668

$3.53 CA$4.99

-46.18%

Eggs

$4.76 VES 4,181

$3.08 CA$4.36

54.55%

Local Cheese (1kg)

$10.24 VES 8,987

$13.50 CA$19.08

-24.15%

Chicken Fillets (1kg)

$9.35 VES 8,207

$13.49 CA$19.08

-30.69%

Beef Round Steak (1kg)

$11.49 VES 10.1K

$25.16 CA$35.57

-54.33%

Apples (1kg)

$7.28 VES 6,388

$4.46 CA$6.30

63.23%

Banana (1kg)

$2.06 VES 1,805

$1.30 CA$1.84

58.46%

Oranges (1kg)

$2.16 VES 1,893

$4.52 CA$6.38

-52.21%

Tomato (1kg)

$2.27 VES 1,996

$4.63 CA$6.54

-50.97%

Potato (1kg)

$2.27 VES 1,990

$2.81 CA$3.97

-19.22%

Onion (1kg)

$2.16 VES 1,901

$3.47 CA$4.90

-37.75%

Lettuce (1 head)

$1.64 VES 1,438

$2.68 CA$3.79

-38.81%

Water (1.5 liter bottle)

$2.36 VES 2,072

$2.11 CA$2.99

11.85%

Cigarettes 20 Pack (Marlboro, Camel)

$4.68 VES 4,110

$13.99 CA$19.78

-66.55%

Wine (Bottle)

$11.92 VES 10.5K

$13.46 CA$19.03

-11.44%

Local Beer (0.5 liter bottle)

$1.43 VES 1,252

$2.08 CA$2.94

-31.25%

Imported Beer (0.33 liter bottle)

$2.05 VES 1,799

$2.28 CA$3.22

-10.09%

One-way Ticket (Public Transport)

$0.52 VES 459

$2.32 CA$3.28

-77.59%

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.7K

$79.5 CA$112

-61.80%

Taxi Start (Normal Tariff)

$4.92 VES 4,317

$2.87 CA$4.05

71.43%

Taxi (Normal Tariff) (1km)

$2.81 VES 2,464

$1.50 CA$2.13

87.33%

Taxi 1hour Waiting (Normal Tariff)

$14.91 VES 13.1K

$26.37 CA$37.27

-43.46%

Gasoline (1 liter)

$0.88 VES 769

$1.30 CA$1.84

-32.31%

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

$24.8K VES 21.8M

$27.6K CA$39.0K

-10.05%

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

$38.1K VES 33.5M

$18.7K CA$26.4K

104.35%

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

$21.49 VES 18.9K

$120 CA$170

-82.15%

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

$11.73 VES 10.3K

$43.55 CA$61.6

-73.07%

Internet (50+ Mbps, Unlimited Data)

$38.50 VES 33.8K

$53.1 CA$75.1

-27.47%

Gym Membership (Monthly)

$65.8 VES 57.8K

$29.72 CA$42.01

121.40%

Tennis Court (1 Hour on Weekend)

$17.81 VES 15.6K

$10.33 CA$14.61

72.41%

Cinema Ticket

$6.35 VES 5,573

$13.91 CA$19.67

-54.35%

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

$157 VES 138.0K

$634 CA$897

-75.21%

International Primary School, 1 Child (Yearly)

$6,098 VES 5.4M

Jeans (Levis 501 Or Similar)

$81.0 VES 71.1K

$51.7 CA$73.1

56.79%

Summer Dress (H&M, Zara, etc)

$50.1 VES 44.0K

$51.6 CA$73.0

-2.89%

Sport Shoes (Adidas, Nike)

$133 VES 117.0K

$102 CA$144

31.00%

Men's Leather Business Shoes

$134 VES 117.7K

$77.4 CA$109

73.14%

1-bedroom Apartment, City Center (Monthly)

$608 VES 534.1K

$1,628 CA$2,302

-62.64%

1-bedroom Apartment, Outside City Center (Monthly)

$428 VES 375.9K

$1,491 CA$2,108

-71.28%

3-bedroom Apartment, City Center (Monthly)

$1,113 VES 977.4K

$2,454 CA$3,469

-54.63%

3-bedroom Apartment, Outside City Center (Monthly)

$872 VES 765.6K

$2,187 CA$3,092

-60.12%

Buy Apartment in City Center (m2)

$1,462 VES 1.3M

$6,588 CA$9,313

-77.80%

Buy Apartment Outside City Center (m2)

$670 VES 587.9K

$5,530 CA$7,817

-87.89%

Average Monthly Net Salary (After Tax)

$303 VES 265.6K

$3,144 CA$4,445

-90.38%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

362.18%

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

Last update for Caracas: October 12, 2026

Last update for Burnaby: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$428 32%

Burnaby

$1.5K 54.4% 248% $1.1K

Groceries & Markets

Caracas

$338 25.2%

Burnaby

$425 15.5% 25.7% $87

Eating Out

Caracas

$191 14.3%

Burnaby

$322 11.8% 68.5% $131

Clothing & Footwear

Caracas

$179 13.4%

Burnaby

$127 4.6% 29.1% $52

Sport & Entertainment

Caracas

$79 5.9%

Burnaby

$58 2.1% 26.7% $21

Monthly Utilities & Internet

Caracas

$72 5.4%

Burnaby

$217 7.9% 203% $145

Getting Around

Caracas

$51 3.8%

Burnaby

$99 3.6% 92.9% $48

Cost Breakdown

A one-bedroom apartment in the center runs $608 in Caracas and $1,628 in Burnaby. 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: $67.0 in Caracas vs $84.0 in Burnaby for a mid-range dinner for two. Groceries echo the gap at $338 vs $425 per month, with Caracas cheaper across the board.

Good to know

🇻🇪 Caracas

🇨🇦 Burnaby

🕒 Local time

13:21 1:21 PM

10:21 10:21 AM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

249,125

💱 Currency

Venezuelan Bolívar VES Bs.S

Canadian Dollar CAD $

📈 Exchange rate

1,000 VES = 1.14 USD

1,000 VES = 1.01 EUR

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

CAD, USD, EUR to VES – Venezuelan Bolívar Converter

🇺🇸 United States Dollar ($)

🇻🇪 Venezuelan Bolívar (Bs.S)

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).

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).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Caracas Burnaby 6,700 km ≈ 9 h nonstop flight

From you

Caracas
Burnaby

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 Burnaby: Cost of Living - Frequently Asked Questions

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

On paper, salaries run 939% lower in Burnaby. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

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

Childcare runs $157 in Caracas versus $634 in Burnaby. 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.