Last update: Nov 2026

Cost of Living Comparison Between Caracas and Farmington, NM

For one person, living is cheaper in Caracas: $1,379 a month against $3,241 in Farmington, NM, rent and utilities included – about $22,300 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
156

Cost of Living Index in Farmington, NM
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Farmington, NM Living Index

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Caracas

🇻🇪 Venezuela

$1,379

/mo nomad

Farmington, NM

🇺🇸 United States

$3,241

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Farmington, NM

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

A single person spends $1,379 per month in Caracas vs $3,241 in Farmington, NM, rent included.

Caracas $1,379
Farmington, NM $3,241

A couple spends around $2,304 per month in Caracas vs $4,359 in Farmington, NM, rent included.

Caracas $2,304
Farmington, NM $4,359

A family of three spends $3,229 per month in Caracas vs $5,477 in Farmington, NM, rent included.

Caracas $3,229
Farmington, NM $5,477

Caracas is about 57% cheaper than Farmington, NM, and outside of rent the biggest gap is in eating out.

Both Caracas and Farmington, NM sit above the global median – Caracas by 2%, Farmington, NM by 140%.

Meal at Budget Restaurant

$10.91 VES 9,741

$20.27 $20.27

-46.18%

Three-Course Dinner for Two, Mid-Range

$66.3 VES 59.2K

$49.47 $49.47

34.04%

Fast Food Meal (McDonalds, etc)

$11.16 VES 9,966

$11.73 $11.73

-4.86%

Cappuccino

$3.66 VES 3,271

$6.16 $6.16

-40.58%

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

$1.51 VES 1,346

$2.34 $2.34

-35.47%

Water (0.33 liter bottle)

$1.28 VES 1,144

$1.74 $1.74

-26.44%

Local Beer (0.5 liter draught)

$1.96 VES 1,753

$7.89 $7.89

-75.16%

Imported Beer (0.33 liter bottle)

$3.08 VES 2,751

$13.02 $13.02

-76.34%

Milk (1 liter)

$2.77 VES 2,469

$0.95 $0.95

191.58%

White Bread (500g)

$2.21 VES 1,970

$3.48 $3.48

-36.49%

Rice (white) (1kg)

$1.89 VES 1,688

$4.45 $4.45

-57.53%

Eggs

$4.84 VES 4,322

$4.06 $4.06

19.21%

Local Cheese (1kg)

$10.11 VES 9,026

$7.57 $7.57

33.55%

Chicken Fillets (1kg)

$9.04 VES 8,072

$13.14 $13.14

-31.20%

Beef Round Steak (1kg)

$11.30 VES 10.1K

$16.47 $16.47

-31.39%

Apples (1kg)

$7.33 VES 6,544

$3.15 $3.15

132.70%

Banana (1kg)

$2.07 VES 1,845

$1.68 $1.68

23.21%

Oranges (1kg)

$2.12 VES 1,891

$4.37 $4.37

-51.49%

Tomato (1kg)

$2.35 VES 2,095

$4.74 $4.74

-50.42%

Potato (1kg)

$2.24 VES 1,999

$2.86 $2.86

-21.68%

Onion (1kg)

$2.12 VES 1,896

$2.98 $2.98

-28.86%

Lettuce (1 head)

$1.56 VES 1,396

$2.22 $2.22

-29.73%

Water (1.5 liter bottle)

$2.30 VES 2,053

$2.31 $2.31

-0.43%

Cigarettes 20 Pack (Marlboro, Camel)

$4.65 VES 4,154

$10.13 $10.13

-54.10%

Wine (Bottle)

$11.96 VES 10.7K

$14.85 $14.85

-19.46%

Local Beer (0.5 liter bottle)

$1.42 VES 1,269

$1.79 $1.79

-20.67%

Imported Beer (0.33 liter bottle)

$2.06 VES 1,841

$3.65 $3.65

-43.56%

One-way Ticket (Public Transport)

$0.43 VES 383

$2.02 $2.02

-78.71%

Public Transport Monthly Pass (Regular Price)

$29.70 VES 26.5K

$29.95 $29.95

-0.83%

Taxi Start (Normal Tariff)

$4.98 VES 4,445

$3.70 $3.70

34.59%

Taxi (Normal Tariff) (1km)

$2.83 VES 2,522

$1.87 $1.87

51.34%

Taxi 1hour Waiting (Normal Tariff)

$15.29 VES 13.6K

$31.36 $31.36

-51.24%

Gasoline (1 liter)

$0.82 VES 735

$1.06 $1.06

-22.64%

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

$24.7K VES 22.1M

$31.6K $31.6K

-21.80%

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

$38.7K VES 34.5M

$26.1K $26.1K

48.44%

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

$21.98 VES 19.6K

$395 $395

-94.43%

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

$11.88 VES 10.6K

$57.8 $57.8

-79.44%

Internet (50+ Mbps, Unlimited Data)

$38.70 VES 34.5K

$114 $114

-66.08%

Gym Membership (Monthly)

$66.8 VES 59.6K

$40.36 $40.36

65.44%

Tennis Court (1 Hour on Weekend)

$17.64 VES 15.7K

Cinema Ticket

$6.44 VES 5,744

$12.21 $12.21

-47.26%

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

$160 VES 142.5K

$1,524 $1,524

-89.52%

International Primary School, 1 Child (Yearly)

$6,063 VES 5.4M

$22.9K $22.9K

-73.58%

Jeans (Levis 501 Or Similar)

$82.4 VES 73.5K

$52.5 $52.5

56.87%

Summer Dress (H&M, Zara, etc)

$51.9 VES 46.3K

$41.85 $41.85

23.94%

Sport Shoes (Adidas, Nike)

$135 VES 120.6K

$88.1 $88.1

53.32%

Men's Leather Business Shoes

$134 VES 120.0K

$114 $114

17.63%

1-bedroom Apartment, City Center (Monthly)

$654 VES 583.7K

$1,740 $1,740

-62.41%

1-bedroom Apartment, Outside City Center (Monthly)

$467 VES 416.8K

$1,692 $1,692

-72.41%

3-bedroom Apartment, City Center (Monthly)

$1,182 VES 1.1M

$2,572 $2,572

-54.04%

3-bedroom Apartment, Outside City Center (Monthly)

$964 VES 860.9K

$2,494 $2,494

-61.34%

Buy Apartment in City Center (m2)

$1,488 VES 1.3M

$2,113 $2,113

-29.57%

Buy Apartment Outside City Center (m2)

$689 VES 615.2K

$2,107 $2,107

-67.29%

Average Monthly Net Salary (After Tax)

$309 VES 276.2K

$7,157 $7,157

-95.68%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.59

233.84%

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

Last update for Caracas: November 1, 2026

Last update for Farmington, NM: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$467 33.9%

Farmington, NM

$1.7K 52.2% 262% $1.2K

Groceries & Markets

Caracas

$335 24.3%

Farmington, NM

$380 11.7% 13.3% $45

Eating Out

Caracas

$192 13.9%

Farmington, NM

$353 10.9% 84% $161

Clothing & Footwear

Caracas

$182 13.2%

Farmington, NM

$134 4.1% 26.5% $48

Sport & Entertainment

Caracas

$80 5.8%

Farmington, NM

$65 2% 18.7% $15

Monthly Utilities & Internet

Caracas

$73 5.3%

Farmington, NM

$566 17.5% 681% $494

Getting Around

Caracas

$51 3.7%

Farmington, NM

$51 1.6% 1.1% $0.6

Cost Breakdown

A central one-bedroom costs $654 in Caracas versus $1,740 in Farmington, NM. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Farmington, NM are about 23 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $66 in Caracas versus $49 in Farmington, NM. Groceries tell a different story – $335 in Caracas vs $380 in Farmington, NM – so Caracas wins on supermarket bills even if dining out costs more.

Good to know

🇻🇪 Caracas

🇺🇸 Farmington, NM

🕒 Local time

19:20 7:20 PM

16:20 4:20 PM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

18,207

💱 Currency

Venezuelan Bolívar VES Bs.S

United States Dollar USD $

📈 Exchange rate

1,000 VES = 1.12 USD

1,000 VES = 1 EUR

1 USD = 0.895 EUR

Exchange rates and currency converter

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 = 998 VES (1,000 VES = 1 EUR).

United States Dollar exchange rates as of November 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Caracas Farmington, NM 5,060 km ≈ 7 h nonstop flight

From you

Caracas
Farmington, NM

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 Farmington, NM: Cost of Living - Frequently Asked Questions

Yes – Farmington, NM is pricier by about 135%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,068 per month in Caracas and $4,862 in Farmington, NM. 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: a one-bedroom in the center costs $654 there versus $1,740 in Farmington, NM.

Monthly expenses with rent come to $1,379 in Caracas and $3,241 in Farmington, NM. That makes Caracas about 57% cheaper.

Kindergarten costs $160 per month in Caracas and $1,524 in Farmington, NM. For families with young kids, this one expense can tip the scales when choosing between the two cities.

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 or specific career opportunities are the priority, Farmington, NM makes more sense. Both are solid long-term options with distinct trade-offs.