Last update: Nov 2026

Cost of Living Comparison Between Caracas and Cambridge Bay

For one person, living is cheaper in Caracas: $1,379 a month against $2,280 in Cambridge Bay, rent and utilities included – about $10,800 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
110

Cost of Living Index in Cambridge Bay
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Cambridge Bay Living Index

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Caracas

🇻🇪 Venezuela

$1,379

/mo nomad

Cambridge Bay

🇨🇦 Canada

$2,280

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Cambridge Bay

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

Monthly costs for one person with rent: $1,379 in Caracas versus $2,280 in Cambridge Bay.

Caracas $1,379
Cambridge Bay $2,280

Estimated couple costs with rent: $2,304 in Caracas versus $3,269 in Cambridge Bay.

Caracas $2,304
Cambridge Bay $3,269

Monthly costs for a family of three with rent: $3,229 in Caracas versus $4,258 in Cambridge Bay.

Caracas $3,229
Cambridge Bay $4,258

Living in Caracas costs roughly 40% less than in Cambridge Bay, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Caracas 2% above, Cambridge Bay 69% above.

Meal at Budget Restaurant

$10.91 VES 9,741

$22.30 CA$31.37

-51.08%

Three-Course Dinner for Two, Mid-Range

$66.3 VES 59.2K

$63.4 CA$89.2

4.57%

Fast Food Meal (McDonalds, etc)

$11.16 VES 9,966

$10.54 CA$14.82

5.88%

Cappuccino

$3.66 VES 3,271

$3.79 CA$5.33

-3.43%

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

$1.51 VES 1,346

$2.08 CA$2.93

-27.40%

Water (0.33 liter bottle)

$1.28 VES 1,144

$1.62 CA$2.28

-20.99%

Local Beer (0.5 liter draught)

$1.96 VES 1,753

$5.15 CA$7.25

-61.94%

Imported Beer (0.33 liter bottle)

$3.08 VES 2,751

$5.60 CA$7.87

-45.00%

Milk (1 liter)

$2.77 VES 2,469

$2.12 CA$2.99

30.66%

White Bread (500g)

$2.21 VES 1,970

$2.48 CA$3.49

-10.89%

Rice (white) (1kg)

$1.89 VES 1,688

$3.51 CA$4.94

-46.15%

Eggs

$4.84 VES 4,322

$3.42 CA$4.81

41.52%

Local Cheese (1kg)

$10.11 VES 9,026

$10.04 CA$14.12

0.70%

Chicken Fillets (1kg)

$9.04 VES 8,072

$11.39 CA$16.02

-20.63%

Beef Round Steak (1kg)

$11.30 VES 10.1K

$14.79 CA$20.80

-23.60%

Apples (1kg)

$7.33 VES 6,544

$3.89 CA$5.47

88.43%

Banana (1kg)

$2.07 VES 1,845

$1.37 CA$1.92

51.09%

Oranges (1kg)

$2.12 VES 1,891

$3.61 CA$5.08

-41.27%

Tomato (1kg)

$2.35 VES 2,095

$3.93 CA$5.52

-40.20%

Potato (1kg)

$2.24 VES 1,999

$2.41 CA$3.39

-7.05%

Onion (1kg)

$2.12 VES 1,896

$2.26 CA$3.18

-6.19%

Lettuce (1 head)

$1.56 VES 1,396

$2.39 CA$3.36

-34.73%

Water (1.5 liter bottle)

$2.30 VES 2,053

$1.58 CA$2.22

45.57%

Cigarettes 20 Pack (Marlboro, Camel)

$4.65 VES 4,154

$14.17 CA$19.93

-67.18%

Wine (Bottle)

$11.96 VES 10.7K

$12.93 CA$18.18

-7.50%

Local Beer (0.5 liter bottle)

$1.42 VES 1,269

$2.80 CA$3.93

-49.29%

Imported Beer (0.33 liter bottle)

$2.06 VES 1,841

$3.19 CA$4.49

-35.42%

One-way Ticket (Public Transport)

$0.43 VES 383

$2.35 CA$3.30

-81.70%

Public Transport Monthly Pass (Regular Price)

$29.70 VES 26.5K

$62.7 CA$88.1

-52.61%

Taxi Start (Normal Tariff)

$4.98 VES 4,445

$2.87 CA$4.03

73.52%

Taxi (Normal Tariff) (1km)

$2.83 VES 2,522

$1.48 CA$2.09

91.22%

Taxi 1hour Waiting (Normal Tariff)

$15.29 VES 13.6K

$23.95 CA$33.68

-36.16%

Gasoline (1 liter)

$0.82 VES 735

$1.18 CA$1.65

-30.51%

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

$24.7K VES 22.1M

$28.1K CA$39.6K

-12.16%

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

$38.7K VES 34.5M

$21.0K CA$29.5K

84.39%

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

$21.98 VES 19.6K

$140 CA$197

-84.28%

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

$11.88 VES 10.6K

$38.56 CA$54.2

-69.19%

Internet (50+ Mbps, Unlimited Data)

$38.70 VES 34.5K

$54.0 CA$75.9

-28.27%

Gym Membership (Monthly)

$66.8 VES 59.6K

$37.08 CA$52.1

80.07%

Tennis Court (1 Hour on Weekend)

$17.64 VES 15.7K

$18.53 CA$26.06

-4.80%

Cinema Ticket

$6.44 VES 5,744

$10.51 CA$14.77

-38.73%

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

$160 VES 142.5K

$644 CA$906

-75.21%

International Primary School, 1 Child (Yearly)

$6,063 VES 5.4M

$13.3K CA$18.7K

-54.34%

Jeans (Levis 501 Or Similar)

$82.4 VES 73.5K

$54.3 CA$76.4

51.72%

Summer Dress (H&M, Zara, etc)

$51.9 VES 46.3K

$38.98 CA$54.8

33.07%

Sport Shoes (Adidas, Nike)

$135 VES 120.6K

$86.4 CA$121

56.44%

Men's Leather Business Shoes

$134 VES 120.0K

$102 CA$143

32.12%

1-bedroom Apartment, City Center (Monthly)

$654 VES 583.7K

$1,301 CA$1,830

-49.73%

1-bedroom Apartment, Outside City Center (Monthly)

$467 VES 416.8K

$1,120 CA$1,575

-58.30%

3-bedroom Apartment, City Center (Monthly)

$1,182 VES 1.1M

$1,968 CA$2,767

-39.92%

3-bedroom Apartment, Outside City Center (Monthly)

$964 VES 860.9K

$1,647 CA$2,316

-41.42%

Buy Apartment in City Center (m2)

$1,488 VES 1.3M

$4,314 CA$6,067

-65.50%

Buy Apartment Outside City Center (m2)

$689 VES 615.2K

$3,537 CA$4,974

-80.51%

Average Monthly Net Salary (After Tax)

$309 VES 276.2K

20-Year Fixed Mortgage Interest Rate (Annual %)

4.68

370.09%

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

Last update for Caracas: November 1, 2026

Last update for Cambridge Bay: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$467 33.9%

Cambridge Bay

$1.1K 49.1% 140% $653

Groceries & Markets

Caracas

$335 24.3%

Cambridge Bay

$353 15.5% 5.4% $18

Eating Out

Caracas

$192 13.9%

Cambridge Bay

$307 13.5% 60.1% $115

Clothing & Footwear

Caracas

$182 13.2%

Cambridge Bay

$127 5.6% 30.3% $55

Sport & Entertainment

Caracas

$80 5.8%

Cambridge Bay

$58 2.6% 27.1% $22

Monthly Utilities & Internet

Caracas

$73 5.3%

Cambridge Bay

$232 10.2% 220% $160

Getting Around

Caracas

$51 3.7%

Cambridge Bay

$82 3.6% 63% $32

Cost Breakdown

A one-bedroom apartment in the center runs $654 in Caracas and $1,301 in Cambridge Bay. Housing cost is often the main lever when comparing two cities.

Dining out: $66 in Caracas vs $63 in Cambridge Bay. Groceries flip the comparison at $335 vs $353, with Caracas cheaper for home cooking.

Good to know

🇻🇪 Caracas

🇨🇦 Cambridge Bay

🕒 Local time

11:32 11:32 AM

08:32 8:32 AM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

1,800

💱 Currency

Venezuelan Bolívar VES Bs.S

Canadian Dollar CAD $

📈 Exchange rate

10,000 VES = 11.2 USD

10,000 VES = 9.97 EUR

1 CAD = 0.711 USD

1 CAD = 0.633 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 November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,003 VES (10,000 VES = 9.97 EUR).

Canadian Dollar exchange rates as of November 6, 2026: 1 USD = 1.41 CAD (1 CAD = 0.711 USD). 1 EUR = 1.58 CAD (1 CAD = 0.633 EUR).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Caracas Cambridge Bay 7,060 km ≈ 9 h nonstop flight

From you

Caracas
Cambridge Bay

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 Cambridge Bay: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,379 in Caracas and $2,280 in Cambridge Bay, so Caracas is about 40% cheaper – a gap that matters a lot on a fixed or modest income.

You’d need roughly $2,068 in Caracas and $3,420 in Cambridge Bay to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $654 in Caracas versus $1,301 in Cambridge Bay. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $1,379 per month in Caracas versus $2,280 in Cambridge Bay – Caracas is about 40% cheaper, which adds up to real savings over time.

A monthly transit pass in Caracas runs roughly 53% less than in Cambridge Bay. The price difference matters if you commute daily and watch your 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.