Last update: Oct 2026

Cost of Living Comparison Between Caracas and Monterey Park, CA

For one person, living is cheaper in Caracas: $1,338 a month against $2,866 in Monterey Park, CA, rent and utilities included – about $18,300 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
140

Cost of Living Index in Monterey Park, CA
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Monterey Park, CA Living Index

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Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monterey Park, CA

🇺🇸 United States

$2,866

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in Monterey Park, CA

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 Monterey Park, CA actually costs, broken down by who's living it.

A single person spends $1,338 per month in Caracas vs $2,866 in Monterey Park, CA, rent included.

Caracas $1,338
Monterey Park, CA $2,866

A couple spends around $2,238 per month in Caracas vs $4,218 in Monterey Park, CA, rent included.

Caracas $2,238
Monterey Park, CA $4,218

A family of three spends $3,138 per month in Caracas vs $5,570 in Monterey Park, CA, rent included.

Caracas $3,138
Monterey Park, CA $5,570

Caracas is about 53% cheaper than Monterey Park, CA, and outside of rent the biggest gap is in eating out.

Caracas sits 1% below the global median, while Monterey Park, CA is 112% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.82 VES 9,501

$26.69 $26.69

-59.46%

Three-Course Dinner for Two, Mid-Range

$67.1 VES 58.9K

$80.4 $80.4

-16.53%

Fast Food Meal (McDonalds, etc)

$10.83 VES 9,507

$15.07 $15.07

-28.14%

Cappuccino

$3.71 VES 3,258

$5.89 $5.89

-37.01%

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

$1.57 VES 1,380

$3.14 $3.14

-50.00%

Water (0.33 liter bottle)

$1.31 VES 1,148

$2.76 $2.76

-52.54%

Local Beer (0.5 liter draught)

$1.97 VES 1,730

$8.17 $8.17

-75.89%

Imported Beer (0.33 liter bottle)

$3.06 VES 2,690

$10.19 $10.19

-69.97%

Milk (1 liter)

$2.69 VES 2,364

$1.33 $1.33

102.26%

White Bread (500g)

$2.24 VES 1,967

$4.94 $4.94

-54.66%

Rice (white) (1kg)

$1.90 VES 1,668

$4.60 $4.60

-58.70%

Eggs

$4.76 VES 4,181

$5.74 $5.74

-17.07%

Local Cheese (1kg)

$10.24 VES 8,987

$11.29 $11.29

-9.30%

Chicken Fillets (1kg)

$9.35 VES 8,207

$8.63 $8.63

8.34%

Beef Round Steak (1kg)

$11.49 VES 10.1K

$19.40 $19.40

-40.77%

Apples (1kg)

$7.28 VES 6,388

$4.65 $4.65

56.56%

Banana (1kg)

$2.06 VES 1,805

$2.32 $2.32

-11.21%

Oranges (1kg)

$2.16 VES 1,893

$4.12 $4.12

-47.57%

Tomato (1kg)

$2.27 VES 1,996

$5.60 $5.60

-59.46%

Potato (1kg)

$2.27 VES 1,990

$3.41 $3.41

-33.43%

Onion (1kg)

$2.16 VES 1,901

$2.93 $2.93

-26.28%

Lettuce (1 head)

$1.64 VES 1,438

$1.95 $1.95

-15.90%

Water (1.5 liter bottle)

$2.36 VES 2,072

$2.44 $2.44

-3.28%

Cigarettes 20 Pack (Marlboro, Camel)

$4.68 VES 4,110

$11.56 $11.56

-59.52%

Wine (Bottle)

$11.92 VES 10.5K

$14.98 $14.98

-20.43%

Local Beer (0.5 liter bottle)

$1.43 VES 1,252

$2.51 $2.51

-43.03%

Imported Beer (0.33 liter bottle)

$2.05 VES 1,799

$2.71 $2.71

-24.35%

One-way Ticket (Public Transport)

$0.52 VES 459

$1.99 $1.99

-73.87%

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.7K

Taxi Start (Normal Tariff)

$4.92 VES 4,317

$3.08 $3.08

59.74%

Taxi (Normal Tariff) (1km)

$2.81 VES 2,464

$1.81 $1.81

55.25%

Taxi 1hour Waiting (Normal Tariff)

$14.91 VES 13.1K

$32.31 $32.31

-53.85%

Gasoline (1 liter)

$0.88 VES 769

$1.57 $1.57

-43.95%

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

$24.8K VES 21.8M

$37.4K $37.4K

-33.71%

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

$38.1K VES 33.5M

$25.5K $25.5K

49.49%

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

$21.49 VES 18.9K

$272 $272

-92.10%

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

$11.73 VES 10.3K

$85.8 $85.8

-86.33%

Internet (50+ Mbps, Unlimited Data)

$38.50 VES 33.8K

$81.4 $81.4

-52.70%

Gym Membership (Monthly)

$65.8 VES 57.8K

$47.47 $47.47

38.61%

Tennis Court (1 Hour on Weekend)

$17.81 VES 15.6K

Cinema Ticket

$6.35 VES 5,573

$19.40 $19.40

-67.27%

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

$157 VES 138.0K

$1,175 $1,175

-86.62%

International Primary School, 1 Child (Yearly)

$6,098 VES 5.4M

$31.7K $31.7K

-80.74%

Jeans (Levis 501 Or Similar)

$81.0 VES 71.1K

$63.8 $63.8

26.99%

Summer Dress (H&M, Zara, etc)

$50.1 VES 44.0K

$55.6 $55.6

-9.77%

Sport Shoes (Adidas, Nike)

$133 VES 117.0K

$117 $117

13.71%

Men's Leather Business Shoes

$134 VES 117.7K

$211 $211

-36.43%

1-bedroom Apartment, City Center (Monthly)

$608 VES 534.1K

$1,565 $1,565

-61.12%

1-bedroom Apartment, Outside City Center (Monthly)

$428 VES 375.9K

$1,283 $1,283

-66.64%

3-bedroom Apartment, City Center (Monthly)

$1,113 VES 977.4K

$2,549 $2,549

-56.32%

3-bedroom Apartment, Outside City Center (Monthly)

$872 VES 765.6K

$2,171 $2,171

-59.83%

Buy Apartment in City Center (m2)

$1,462 VES 1.3M

$2,733 $2,733

-46.48%

Buy Apartment Outside City Center (m2)

$670 VES 587.9K

$2,066 $2,066

-67.59%

Average Monthly Net Salary (After Tax)

$303 VES 265.6K

$1,575 $1,575

-80.80%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.31

248.65%

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

Last update for Caracas: October 12, 2026

Last update for Monterey Park, CA: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$428 32%

Monterey Park, CA

$1.3K 44.8% 200% $855

Groceries & Markets

Caracas

$338 25.2%

Monterey Park, CA

$422 14.7% 25% $84

Eating Out

Caracas

$191 14.3%

Monterey Park, CA

$414 14.5% 117% $223

Clothing & Footwear

Caracas

$179 13.4%

Monterey Park, CA

$201 7% 12.3% $22

Sport & Entertainment

Caracas

$79 5.9%

Monterey Park, CA

$86 3% 9.9% $7.8

Monthly Utilities & Internet

Caracas

$72 5.4%

Monterey Park, CA

$439 15.3% 512% $367

Getting Around

Caracas

$51 3.8%

Monterey Park, CA

$20 * 0.7% 61% $31

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $608 in Caracas versus $1,565 in Monterey Park, CA. 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 421% higher in Monterey Park, CA, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $67.0 in Caracas versus $80.0 in Monterey Park, CA. Monthly groceries follow the same trend: $338 vs $422 – making Caracas the more affordable choice for daily food spending.

Good to know

🇻🇪 Caracas

🇺🇸 Monterey Park, CA

🕒 Local time

19:45 7:45 PM

16:45 4:45 PM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

60,269

💱 Currency

Venezuelan Bolívar VES Bs.S

United States Dollar USD $

📈 Exchange rate

1,000 VES = 1.14 USD

1,000 VES = 1.01 EUR

1 USD = 0.89 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 October 17, 2026: 1 USD = 878 VES (1,000 VES = 1.14 USD). 1 EUR = 987 VES (1,000 VES = 1.01 EUR).

United States Dollar exchange rates as of October 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Caracas Monterey Park, CA 5,810 km ≈ 8 h nonstop flight

From you

Caracas
Monterey Park, CA

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 Monterey Park, CA: Cost of Living - Frequently Asked Questions

Yes – Monterey Park, CA is pricier by about 114%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,007 per month in Caracas and $4,300 in Monterey Park, CA. 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.

Monthly expenses with rent come to $1,338 in Caracas and $2,866 in Monterey Park, CA. That's a gap of about 114%.

Kindergarten costs $157 per month in Caracas and $1,175 in Monterey Park, CA. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Caracas, where all-in costs run around $1,338, than in Monterey Park, CA at $2,866. In Caracas it covers expenses comfortably, while in Monterey Park, CA 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.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

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