Last update: Oct 2026

Cost of Living Comparison Between Caracas and New Westminster

For one person, living is cheaper in Caracas: $1,338 a month against $2,526 in New Westminster, rent and utilities included – about $14,300 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
123

Cost of Living Index in New Westminster
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New Westminster Living Index

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Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

New Westminster

🇨🇦 Canada

$2,526

/mo nomad

Monthly Cost of Living

How much you'll spend in Caracas and in New Westminster

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

A single person spends $1,338 per month in Caracas vs $2,526 in New Westminster, rent included.

Caracas $1,338
New Westminster $2,526

A couple spends around $2,238 per month in Caracas vs $3,900 in New Westminster, rent included.

Caracas $2,238
New Westminster $3,900

A family of three spends $3,138 per month in Caracas vs $5,273 in New Westminster, rent included.

Caracas $3,138
New Westminster $5,273

Caracas is about 47% cheaper than New Westminster, and outside of rent the biggest gap is in eating out.

Caracas sits 1% below the global median, while New Westminster is 87% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$10.82 VES 9,477

$19.28 CA$27.41

-43.88%

Three-Course Dinner for Two, Mid-Range

$67.1 VES 58.8K

$49.65 CA$70.6

35.21%

Fast Food Meal (McDonalds, etc)

$10.83 VES 9,483

$10.12 CA$14.39

7.02%

Cappuccino

$3.71 VES 3,250

$3.47 CA$4.93

6.92%

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

$1.57 VES 1,377

$1.85 CA$2.63

-15.14%

Water (0.33 liter bottle)

$1.31 VES 1,145

$1.55 CA$2.20

-15.48%

Local Beer (0.5 liter draught)

$1.97 VES 1,726

$5.77 CA$8.21

-65.86%

Imported Beer (0.33 liter bottle)

$3.06 VES 2,683

$5.63 CA$8.00

-45.65%

Milk (1 liter)

$2.69 VES 2,359

$1.76 CA$2.50

52.84%

White Bread (500g)

$2.24 VES 1,962

$2.34 CA$3.32

-4.27%

Rice (white) (1kg)

$1.90 VES 1,664

$3.45 CA$4.90

-44.93%

Eggs

$4.76 VES 4,170

$3.01 CA$4.28

58.14%

Local Cheese (1kg)

$10.24 VES 8,965

$10.80 CA$15.35

-5.19%

Chicken Fillets (1kg)

$9.35 VES 8,186

$15.33 CA$21.80

-39.01%

Beef Round Steak (1kg)

$11.49 VES 10.1K

$26.67 CA$37.92

-56.92%

Apples (1kg)

$7.28 VES 6,372

$3.77 CA$5.37

93.10%

Banana (1kg)

$2.06 VES 1,800

$1.48 CA$2.10

39.19%

Oranges (1kg)

$2.16 VES 1,888

$3.60 CA$5.12

-40.00%

Tomato (1kg)

$2.27 VES 1,991

$3.66 CA$5.20

-37.98%

Potato (1kg)

$2.27 VES 1,985

$2.33 CA$3.32

-2.58%

Onion (1kg)

$2.16 VES 1,896

$2.21 CA$3.15

-2.26%

Lettuce (1 head)

$1.64 VES 1,434

$2.33 CA$3.31

-29.61%

Water (1.5 liter bottle)

$2.36 VES 2,067

$1.80 CA$2.57

31.11%

Cigarettes 20 Pack (Marlboro, Camel)

$4.68 VES 4,100

$15.33 CA$21.80

-69.47%

Wine (Bottle)

$11.92 VES 10.4K

$10.63 CA$15.12

12.14%

Local Beer (0.5 liter bottle)

$1.43 VES 1,249

$2.02 CA$2.87

-29.21%

Imported Beer (0.33 liter bottle)

$2.05 VES 1,795

$2.72 CA$3.87

-24.63%

One-way Ticket (Public Transport)

$0.52 VES 458

$2.52 CA$3.58

-79.37%

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.6K

$90.3 CA$128

-66.36%

Taxi Start (Normal Tariff)

$4.92 VES 4,306

$2.05 CA$2.91

140.00%

Taxi (Normal Tariff) (1km)

$2.81 VES 2,458

$1.72 CA$2.44

63.37%

Taxi 1hour Waiting (Normal Tariff)

$14.91 VES 13.1K

$22.76 CA$32.35

-34.49%

Gasoline (1 liter)

$0.88 VES 767

$1.26 CA$1.79

-30.16%

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

$24.8K VES 21.7M

$23.9K CA$33.9K

4.02%

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

$38.1K VES 33.4M

$19.0K CA$27.0K

100.79%

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

$21.49 VES 18.8K

$139 CA$197

-84.51%

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

$11.73 VES 10.3K

$42.09 CA$59.9

-72.13%

Internet (50+ Mbps, Unlimited Data)

$38.50 VES 33.7K

$63.0 CA$89.6

-38.89%

Gym Membership (Monthly)

$65.8 VES 57.6K

$32.42 CA$46.09

102.96%

Tennis Court (1 Hour on Weekend)

$17.81 VES 15.6K

$17.27 CA$24.55

3.13%

Cinema Ticket

$6.35 VES 5,559

$11.94 CA$16.97

-46.82%

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

$157 VES 137.7K

$758 CA$1,078

-79.27%

International Primary School, 1 Child (Yearly)

$6,098 VES 5.3M

$8,536 CA$12.1K

-28.57%

Jeans (Levis 501 Or Similar)

$81.0 VES 71.0K

$52.3 CA$74.3

55.02%

Summer Dress (H&M, Zara, etc)

$50.1 VES 43.9K

$41.77 CA$59.4

19.99%

Sport Shoes (Adidas, Nike)

$133 VES 116.7K

$77.5 CA$110

71.92%

Men's Leather Business Shoes

$134 VES 117.4K

$96.6 CA$137

38.75%

1-bedroom Apartment, City Center (Monthly)

$608 VES 532.8K

$1,548 CA$2,201

-60.69%

1-bedroom Apartment, Outside City Center (Monthly)

$428 VES 374.9K

$1,319 CA$1,876

-67.54%

3-bedroom Apartment, City Center (Monthly)

$1,113 VES 974.9K

$2,841 CA$4,039

-60.81%

3-bedroom Apartment, Outside City Center (Monthly)

$872 VES 763.7K

$2,620 CA$3,725

-66.71%

Buy Apartment in City Center (m2)

$1,462 VES 1.3M

$4,810 CA$6,839

-69.60%

Buy Apartment Outside City Center (m2)

$670 VES 586.4K

$4,025 CA$5,723

-83.36%

Average Monthly Net Salary (After Tax)

$303 VES 264.9K

$2,989 CA$4,250

-89.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.72

366.10%

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

Last update for Caracas: October 12, 2026

Last update for New Westminster: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Caracas

$428 32%

New Westminster

$1.3K 52.2% 208% $891

Groceries & Markets

Caracas

$338 25.2%

New Westminster

$396 15.7% 17.1% $58

Eating Out

Caracas

$191 14.3%

New Westminster

$280 11.1% 46.5% $89

Clothing & Footwear

Caracas

$179 13.4%

New Westminster

$121 4.8% 32.7% $59

Sport & Entertainment

Caracas

$79 5.9%

New Westminster

$56 2.2% 28.3% $22

Monthly Utilities & Internet

Caracas

$72 5.4%

New Westminster

$244 9.7% 240% $172

Getting Around

Caracas

$51 3.8%

New Westminster

$111 4.4% 116% $60

Cost Breakdown

A central one-bedroom costs $608 in Caracas versus $1,548 in New Westminster. 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 888% higher in New Westminster, 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 $50.0 in New Westminster. Groceries tell a different story – $338 in Caracas vs $396 in New Westminster – so Caracas wins on supermarket bills even if dining out costs more.

Good to know

🇻🇪 Caracas

🇨🇦 New Westminster

🕒 Local time

18:33 6:33 PM

15:33 3:33 PM

3 h behind Caracas

🌤 Weather

👥 Population

3,274,000 Capital

58,000

💱 Currency

Venezuelan Bolívar VES Bs.S

Canadian Dollar CAD $

📈 Exchange rate

1,000 VES = 1.14 USD

1,000 VES = 1.02 EUR

1 CAD = 0.703 USD

1 CAD = 0.628 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 14, 2026: 1 USD = 876 VES (1,000 VES = 1.14 USD). 1 EUR = 980 VES (1,000 VES = 1.02 EUR).

Canadian Dollar exchange rates as of October 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

USD to VES in detail →

On the map

Lowest

Highest

Between locations

Caracas New Westminster 6,690 km ≈ 9 h nonstop flight

From you

Caracas
New Westminster

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 New Westminster: Cost of Living - Frequently Asked Questions

Yes – New Westminster is pricier by about 89%, 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 $3,790 in New Westminster. 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.

Public transport costs about 197% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $157 per month in Caracas and $758 in New Westminster. 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 New Westminster at $2,526. In Caracas it covers expenses comfortably, while in New Westminster 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, New Westminster makes more sense. Both are solid long-term options with distinct trade-offs.