Last update: Oct 2026

Cost of Living Comparison Between Caracas and Burns Lake

For one person, living is cheaper in Caracas: $1,338 a month against $2,212 in Burns Lake, rent and utilities included – about $10,500 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
108

Cost of Living Index in Burns Lake
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Burns Lake Living Index

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Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Burns Lake

🇨🇦 Canada

$2,212

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Burns Lake

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

A single person spends $1,338 per month in Caracas vs $2,212 in Burns Lake, rent included.

Caracas $1,338
Burns Lake $2,212

A couple spends around $2,238 per month in Caracas vs $3,200 in Burns Lake, rent included.

Caracas $2,238
Burns Lake $3,200

A family of three spends $3,138 per month in Caracas vs $4,187 in Burns Lake, rent included.

Caracas $3,138
Burns Lake $4,187

Caracas is about 40% cheaper than Burns Lake, and outside of rent the biggest gap is in eating out.

Caracas sits 1% below the global median, while Burns Lake is 64% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.82 VES 9,501

$15.66 CA$22.14

-30.91%

Three-Course Dinner for Two, Mid-Range

$67.1 VES 58.9K

$71.4 CA$101

-5.97%

Fast Food Meal (McDonalds, etc)

$10.83 VES 9,507

$10.40 CA$14.70

4.13%

Cappuccino

$3.71 VES 3,258

$3.73 CA$5.27

-0.54%

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

$1.57 VES 1,380

$2.06 CA$2.91

-23.79%

Water (0.33 liter bottle)

$1.31 VES 1,148

$1.50 CA$2.12

-12.67%

Local Beer (0.5 liter draught)

$1.97 VES 1,730

$4.83 CA$6.83

-59.21%

Imported Beer (0.33 liter bottle)

$3.06 VES 2,690

$4.88 CA$6.90

-37.30%

Milk (1 liter)

$2.69 VES 2,364

$1.73 CA$2.45

55.49%

White Bread (500g)

$2.24 VES 1,967

$2.24 CA$3.16

Rice (white) (1kg)

$1.90 VES 1,668

$3.49 CA$4.94

-45.56%

Eggs

$4.76 VES 4,181

$3.20 CA$4.53

48.75%

Local Cheese (1kg)

$10.24 VES 8,987

$9.50 CA$13.43

7.79%

Chicken Fillets (1kg)

$9.35 VES 8,207

$9.79 CA$13.84

-4.49%

Beef Round Steak (1kg)

$11.49 VES 10.1K

$12.72 CA$17.99

-9.67%

Apples (1kg)

$7.28 VES 6,388

$3.62 CA$5.12

101.10%

Banana (1kg)

$2.06 VES 1,805

$1.35 CA$1.91

52.59%

Oranges (1kg)

$2.16 VES 1,893

$3.81 CA$5.38

-43.31%

Tomato (1kg)

$2.27 VES 1,996

$3.94 CA$5.57

-42.39%

Potato (1kg)

$2.27 VES 1,990

$2.47 CA$3.50

-8.10%

Onion (1kg)

$2.16 VES 1,901

$2.03 CA$2.86

6.40%

Lettuce (1 head)

$1.64 VES 1,438

$2.65 CA$3.75

-38.11%

Water (1.5 liter bottle)

$2.36 VES 2,072

$1.80 CA$2.55

31.11%

Cigarettes 20 Pack (Marlboro, Camel)

$4.68 VES 4,110

$14.20 CA$20.07

-67.04%

Wine (Bottle)

$11.92 VES 10.5K

$12.85 CA$18.16

-7.24%

Local Beer (0.5 liter bottle)

$1.43 VES 1,252

$2.56 CA$3.61

-44.14%

Imported Beer (0.33 liter bottle)

$2.05 VES 1,799

$2.71 CA$3.84

-24.35%

One-way Ticket (Public Transport)

$0.52 VES 459

$2.37 CA$3.34

-78.06%

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.7K

$55.3 CA$78.1

-45.05%

Taxi Start (Normal Tariff)

$4.92 VES 4,317

$2.83 CA$4.00

73.85%

Taxi (Normal Tariff) (1km)

$2.81 VES 2,464

$1.65 CA$2.33

70.30%

Taxi 1hour Waiting (Normal Tariff)

$14.91 VES 13.1K

$22.52 CA$31.84

-33.79%

Gasoline (1 liter)

$0.88 VES 769

$1.19 CA$1.68

-26.05%

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

$24.8K VES 21.8M

$26.0K CA$36.8K

-4.55%

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

$38.1K VES 33.5M

$18.1K CA$25.6K

111.00%

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

$21.49 VES 18.9K

$132 CA$187

-83.74%

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

$11.73 VES 10.3K

$38.50 CA$54.4

-69.53%

Internet (50+ Mbps, Unlimited Data)

$38.50 VES 33.8K

$52.6 CA$74.3

-26.75%

Gym Membership (Monthly)

$65.8 VES 57.8K

$40.39 CA$57.1

62.91%

Tennis Court (1 Hour on Weekend)

$17.81 VES 15.6K

$18.07 CA$25.54

-1.44%

Cinema Ticket

$6.35 VES 5,573

$11.00 CA$15.56

-42.27%

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

$157 VES 138.0K

$756 CA$1,068

-79.20%

International Primary School, 1 Child (Yearly)

$6,098 VES 5.4M

$11.0K CA$15.6K

-44.62%

Jeans (Levis 501 Or Similar)

$81.0 VES 71.1K

$59.6 CA$84.3

35.89%

Summer Dress (H&M, Zara, etc)

$50.1 VES 44.0K

$43.17 CA$61.0

16.10%

Sport Shoes (Adidas, Nike)

$133 VES 117.0K

$82.9 CA$117

60.89%

Men's Leather Business Shoes

$134 VES 117.7K

$111 CA$157

20.45%

1-bedroom Apartment, City Center (Monthly)

$608 VES 534.1K

$1,255 CA$1,774

-51.52%

1-bedroom Apartment, Outside City Center (Monthly)

$428 VES 375.9K

$1,137 CA$1,607

-62.34%

3-bedroom Apartment, City Center (Monthly)

$1,113 VES 977.4K

$1,937 CA$2,739

-42.54%

3-bedroom Apartment, Outside City Center (Monthly)

$872 VES 765.6K

$1,720 CA$2,432

-49.30%

Buy Apartment in City Center (m2)

$1,462 VES 1.3M

$4,807 CA$6,795

-69.58%

Buy Apartment Outside City Center (m2)

$670 VES 587.9K

$3,129 CA$4,424

-78.60%

Average Monthly Net Salary (After Tax)

$303 VES 265.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.66

372.10%

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

Last update for Caracas: October 12, 2026

Last update for Burns Lake: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$428 32%

Burns Lake

$1.1K 51.4% 166% $709

Groceries & Markets

Caracas

$338 25.2%

Burns Lake

$331 15% 2% $6.9

Eating Out

Caracas

$191 14.3%

Burns Lake

$249 11.3% 30.5% $58

Clothing & Footwear

Caracas

$179 13.4%

Burns Lake

$134 6% 25.5% $46

Sport & Entertainment

Caracas

$79 5.9%

Burns Lake

$62 2.8% 20.5% $16

Monthly Utilities & Internet

Caracas

$72 5.4%

Burns Lake

$223 10.1% 211% $151

Getting Around

Caracas

$51 3.8%

Burns Lake

$76 3.4% 47.5% $24

Cost Breakdown

A central one-bedroom costs $608 in Caracas versus $1,255 in Burns Lake. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $67.0 in Caracas versus $71.0 in Burns Lake. Groceries tell a different story – $338 in Caracas vs $331 in Burns Lake – so Burns Lake wins on supermarket bills even if dining out costs more.

Good to know

🇻🇪 Caracas

🇨🇦 Burns Lake

🕒 Local time

18:23 6:23 PM

15:23 3:23 PM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

1,779

💱 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 19, 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 19, 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 Burns Lake 7,070 km ≈ 9 h nonstop flight

From you

Caracas
Burns Lake

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 Burns Lake: Cost of Living - Frequently Asked Questions

Burns Lake costs about 65% more than Caracas, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,007 per month in Caracas and $3,318 in Burns Lake. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Interestingly, groceries are about 2% cheaper in Burns Lake – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $67.0 in Caracas and $71.0 in Burns Lake. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $1,500 monthly budget goes further in Caracas, where all-in costs run around $1,338, than in Burns Lake at $2,212. In Caracas it covers expenses comfortably, while in Burns Lake it requires careful planning or may not stretch far enough.

Families tend to lean toward Caracas – 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 Caracas. If higher salaries, better infrastructure, or specific career opportunities are the priority, Burns Lake makes more sense. Both are solid long-term options with distinct trade-offs.