Cost of Living Comparison Between Coro and Isla de Margarita Cost of Living Comparison Between Coro and Isla de Margarita

Monthly Cost of Living

Monthly costs for one person with rent: $623 in Coro versus $648 in Isla de Margarita.

Estimated couple costs with rent: $1,092 in Coro versus $1,204 in Isla de Margarita.

Monthly costs for a family of three with rent: $1,561 in Coro versus $1,760 in Isla de Margarita.

Living in Coro costs roughly 4% less than in Isla de Margarita, driven mainly by Sport & Entertainment.

Both cities sit below the global median: Coro 54% lower, Isla de Margarita 53% lower.

Meal at Budget Restaurant

$6.40 VES 5,423

$10.13 VES 8,587

-36.82%

Three-Course Dinner for Two, Mid-Range

$30.14 VES 25.5K

$78.8 VES 66.8K

-61.77%

Fast Food Meal (McDonalds, etc)

$10.12 VES 8,575

Cappuccino

$2.73 VES 2,312

$2.46 VES 2,081

10.98%

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

$1.42 VES 1,206

$1.02 VES 867

39.22%

Water (0.33 liter bottle)

$0.93 VES 784

$1.51 VES 1,281

-38.41%

Local Beer (0.5 liter draught)

$1.20 VES 1,021

$1.03 VES 871

16.50%

Imported Beer (0.33 liter bottle)

$2.96 VES 2,512

Milk (1 liter)

$1.87 VES 1,583

$2.05 VES 1,739

-8.78%

White Bread (500g)

$1.32 VES 1,117

$2.92 VES 2,473

-54.79%

Rice (white) (1kg)

$2.15 VES 1,822

$1.95 VES 1,648

10.26%

Eggs

$1.75 VES 1,485

$2.42 VES 2,054

-27.69%

Local Cheese (1kg)

$6.17 VES 5,229

$7.91 VES 6,700

-22.00%

Chicken Fillets (1kg)

$7.16 VES 6,070

$8.03 VES 6,806

-10.83%

Beef Round Steak (1kg)

$6.97 VES 5,910

$8.04 VES 6,813

-13.31%

Apples (1kg)

$4.27 VES 3,619

$4.08 VES 3,454

4.66%

Banana (1kg)

$1.54 VES 1,309

$1.46 VES 1,233

5.48%

Oranges (1kg)

$0.61 VES 520

$1.94 VES 1,645

-68.56%

Tomato (1kg)

$3.18 VES 2,695

$2.54 VES 2,149

25.20%

Potato (1kg)

$2.82 VES 2,389

$1.48 VES 1,251

90.54%

Onion (1kg)

$3.03 VES 2,566

$1.77 VES 1,499

71.19%

Lettuce (1 head)

$0.48 VES 409

$1.02 VES 867

-52.94%

Water (1.5 liter bottle)

$1.94 VES 1,645

Cigarettes 20 Pack (Marlboro, Camel)

$2.04 VES 1,731

Wine (Bottle)

$15.24 VES 12.9K

$4.90 VES 4,154

211.02%

Local Beer (0.5 liter bottle)

$1.51 VES 1,280

$0.97 VES 823

55.67%

Imported Beer (0.33 liter bottle)

$1.19 VES 1,008

$1.49 VES 1,261

-20.13%

One-way Ticket (Public Transport)

$0.31 VES 267

Public Transport Monthly Pass (Regular Price)

$22.34 VES 18.9K

Taxi Start (Normal Tariff)

$3.02 VES 2,562

$3.04 VES 2,578

-0.66%

Taxi (Normal Tariff) (1km)

$3.09 VES 2,615

$2.98 VES 2,525

3.69%

Taxi 1hour Waiting (Normal Tariff)

$6.13 VES 5,197

Gasoline (1 liter)

$0.48 VES 408

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

$29.5K VES 25.0M

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

$45.9K VES 38.9M

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

$9.94 VES 8,423

$30.33 VES 25.7K

-67.23%

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

$9.86 VES 8,354

$15.19 VES 12.9K

-35.09%

Internet (50+ Mbps, Unlimited Data)

$24.81 VES 21.0K

$40.72 VES 34.5K

-39.07%

Gym Membership (Monthly)

$10.02 VES 8,490

$50.4 VES 42.7K

-80.10%

Tennis Court (1 Hour on Weekend)

$11.83 VES 10.0K

$14.84 VES 12.6K

-20.28%

Cinema Ticket

$2.03 VES 1,724

$5.15 VES 4,361

-60.58%

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

$34.34 VES 29.1K

Jeans (Levis 501 Or Similar)

$24.70 VES 20.9K

$78.9 VES 66.9K

-68.71%

Summer Dress (H&M, Zara, etc)

$54.3 VES 46.0K

Sport Shoes (Adidas, Nike)

$80.4 VES 68.1K

$102 VES 86.2K

-20.92%

Men's Leather Business Shoes

$68.8 VES 58.3K

$99.1 VES 84.0K

-30.59%

1-bedroom Apartment, City Center (Monthly)

$120 VES 101.8K

$297 VES 251.8K

-59.56%

1-bedroom Apartment, Outside City Center (Monthly)

$40.10 VES 34.0K

3-bedroom Apartment, City Center (Monthly)

$405 VES 343.1K

$497 VES 421.4K

-18.57%

3-bedroom Apartment, Outside City Center (Monthly)

$177 VES 150.3K

Buy Apartment in City Center (m2)

$610 VES 517.2K

$605 VES 512.5K

0.92%

Buy Apartment Outside City Center (m2)

$718 VES 608.8K

Average Monthly Net Salary (After Tax)

$135 VES 114.4K

20-Year Fixed Mortgage Interest Rate (Annual %)

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

Last update for Coro: September 13, 2026

Last update for Isla de Margarita: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $120 in Coro and $297 in Isla de Margarita. Housing cost is often the main lever when comparing two cities.

Dining out: $30.00 in Coro vs $79.0 in Isla de Margarita. Groceries flip the comparison at $252 vs $234, with Isla de Margarita cheaper for home cooking.

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

Coro vs Isla de Margarita: Cost of Living - Frequently Asked Questions

Coro wins on cost – living expenses run 4% lower than in Isla de Margarita. Housing and daily spending are where you'll feel the difference most, making Coro the obvious pick if budget is a priority.

You'd need roughly $935 in Coro and $971 in Isla de Margarita 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: $120 in Coro versus $297 in Isla de Margarita. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $623 per month in Coro versus $648 in Isla de Margarita – a 4% gap that adds up to real savings over time for anyone picking the cheaper option.

Shoppers in Isla de Margarita pay roughly 7% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Either city works on $800 a month, though Coro gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

Expats usually find Coro gentler on the wallet – expenses run 4% less than in Isla de Margarita. Beyond cost, consider language, visa policies, and how big the international community is in each city.