Last update: Nov 2026

Cost of Living Comparison Between Edgewood, NM and Caracas

For one person, living is cheaper in Caracas: $1,379 a month against $2,744 in Edgewood, NM, rent and utilities included – about $16,400 less a year. Rent and utilities account for most of the difference.

132

Cost of Living Index in Edgewood, NM
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Edgewood, NM Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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Edgewood, NM

🇺🇸 United States

$2,744

/mo nomad

Caracas

🇻🇪 Venezuela

$1,379

/mo nomad

Monthly Cost of Living

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

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Edgewood, NM and in Caracas actually costs, broken down by who's living it.

A single person spends $2,744 per month in Edgewood, NM vs $1,379 in Caracas, rent included.

Edgewood, NM $2,744
Caracas $1,379

A couple spends around $4,015 per month in Edgewood, NM vs $2,304 in Caracas, rent included.

Edgewood, NM $4,015
Caracas $2,304

A family of three spends $5,286 per month in Edgewood, NM vs $3,229 in Caracas, rent included.

Edgewood, NM $5,286
Caracas $3,229

Edgewood, NM costs about 99% more than Caracas, and outside of rent the biggest gap is in groceries.

Both Edgewood, NM and Caracas sit above the global median – Edgewood, NM by 103%, Caracas by 2%.

Meal at Budget Restaurant

$17.16 $17.16

$10.91 VES 9,754

57.29%

Three-Course Dinner for Two, Mid-Range

$77.0 $77.0

$66.3 VES 59.3K

16.11%

Fast Food Meal (McDonalds, etc)

$11.79 $11.79

$11.16 VES 9,980

5.65%

Cappuccino

$5.72 $5.72

$3.66 VES 3,275

56.28%

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

$2.82 $2.82

$1.51 VES 1,348

86.75%

Water (0.33 liter bottle)

$2.42 $2.42

$1.28 VES 1,146

89.06%

Local Beer (0.5 liter draught)

$6.11 $6.11

$1.96 VES 1,756

211.73%

Imported Beer (0.33 liter bottle)

$6.81 $6.81

$3.08 VES 2,755

121.10%

Milk (1 liter)

$1.20 $1.20

$2.77 VES 2,473

-56.68%

White Bread (500g)

$4.40 $4.40

$2.21 VES 1,973

99.10%

Rice (white) (1kg)

$5.46 $5.46

$1.89 VES 1,690

188.89%

Eggs

$4.14 $4.14

$4.84 VES 4,328

-14.46%

Local Cheese (1kg)

$16.42 $16.42

$10.11 VES 9,038

62.41%

Chicken Fillets (1kg)

$20.71 $20.71

$9.04 VES 8,083

129.09%

Beef Round Steak (1kg)

$17.05 $17.05

$11.30 VES 10.1K

50.88%

Apples (1kg)

$5.86 $5.86

$7.33 VES 6,553

-20.05%

Banana (1kg)

$1.82 $1.82

$2.07 VES 1,848

-12.08%

Oranges (1kg)

$3.79 $3.79

$2.12 VES 1,893

78.77%

Tomato (1kg)

$4.48 $4.48

$2.35 VES 2,098

90.64%

Potato (1kg)

$2.80 $2.80

$2.24 VES 2,002

25.00%

Onion (1kg)

$2.06 $2.06

$2.12 VES 1,899

-2.83%

Lettuce (1 head)

$2.53 $2.53

$1.56 VES 1,398

62.18%

Water (1.5 liter bottle)

$2.44 $2.44

$2.30 VES 2,056

6.09%

Cigarettes 20 Pack (Marlboro, Camel)

$10.75 $10.75

$4.65 VES 4,159

131.18%

Wine (Bottle)

$15.93 $15.93

$11.96 VES 10.7K

33.19%

Local Beer (0.5 liter bottle)

$2.05 $2.05

$1.42 VES 1,270

44.37%

Imported Beer (0.33 liter bottle)

$4.15 $4.15

$2.06 VES 1,844

101.46%

One-way Ticket (Public Transport)

$2.28 $2.28

$0.43 VES 384

430.23%

Public Transport Monthly Pass (Regular Price)

$57.0 $57.0

$29.70 VES 26.5K

91.82%

Taxi Start (Normal Tariff)

$3.57 $3.57

$4.98 VES 4,451

-28.31%

Taxi (Normal Tariff) (1km)

$2.35 $2.35

$2.83 VES 2,526

-16.96%

Taxi 1hour Waiting (Normal Tariff)

$34.55 $34.55

$15.29 VES 13.7K

125.96%

Gasoline (1 liter)

$1.04 $1.04

$0.82 VES 736

26.83%

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

$26.7K $26.7K

$24.7K VES 22.1M

8.10%

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

$26.0K $26.0K

$38.7K VES 34.6M

-32.77%

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

$251 $251

$21.98 VES 19.6K

1042.54%

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

$44.76 $44.76

$11.88 VES 10.6K

276.77%

Internet (50+ Mbps, Unlimited Data)

$95.7 $95.7

$38.70 VES 34.6K

147.18%

Gym Membership (Monthly)

$38.98 $38.98

$66.8 VES 59.7K

-41.62%

Tennis Court (1 Hour on Weekend)

$17.64 VES 15.8K

Cinema Ticket

$17.89 $17.89

$6.44 VES 5,752

177.80%

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

$1,324 $1,324

$160 VES 142.7K

729.62%

International Primary School, 1 Child (Yearly)

$23.1K $23.1K

$6,063 VES 5.4M

280.39%

Jeans (Levis 501 Or Similar)

$62.2 $62.2

$82.4 VES 73.6K

-24.52%

Summer Dress (H&M, Zara, etc)

$57.9 $57.9

$51.9 VES 46.4K

11.68%

Sport Shoes (Adidas, Nike)

$79.5 $79.5

$135 VES 120.8K

-41.18%

Men's Leather Business Shoes

$114 $114

$134 VES 120.2K

-15.36%

1-bedroom Apartment, City Center (Monthly)

$1,602 $1,602

$654 VES 584.5K

144.94%

1-bedroom Apartment, Outside City Center (Monthly)

$1,270 $1,270

$467 VES 417.4K

172.01%

3-bedroom Apartment, City Center (Monthly)

$2,544 $2,544

$1,182 VES 1.1M

115.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,128 $2,128

$964 VES 862.1K

120.62%

Buy Apartment in City Center (m2)

$3,060 $3,060

$1,488 VES 1.3M

105.58%

Buy Apartment Outside City Center (m2)

$2,379 $2,379

$689 VES 616.1K

245.13%

Average Monthly Net Salary (After Tax)

$309 VES 276.6K

20-Year Fixed Mortgage Interest Rate (Annual %)

6.64

-69.82%

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

Last update for Edgewood, NM: November 3, 2026

Last update for Caracas: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Edgewood, NM

$1.3K 46.3%

Caracas

$467 33.9% 63.2% $803

Groceries & Markets

Edgewood, NM

$478 17.4%

Caracas

$335 24.3% 29.9% $143

Monthly Utilities & Internet

Edgewood, NM

$392 14.3%

Caracas

$73 5.3% 81.5% $319

Eating Out

Edgewood, NM

$306 11.2%

Caracas

$192 13.9% 37.4% $115

Clothing & Footwear

Edgewood, NM

$141 5.1%

Caracas

$182 13.2% 28.9% $41

Getting Around

Edgewood, NM

$81 3%

Caracas

$51 3.7% 37.9% $31

Sport & Entertainment

Edgewood, NM

$75 2.7%

Caracas

$80 5.8% 6.5% $4.9

Cost Breakdown

A central one-bedroom costs $1,602 in Edgewood, NM versus $654 in Caracas. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $77 in Edgewood, NM versus $66 in Caracas. Monthly groceries follow the same trend: $478 vs $335 – making Caracas the more affordable choice for daily food spending.

Good to know

🇺🇸 Edgewood, NM

🇻🇪 Caracas

🕒 Local time

10:19 10:19 AM

13:19 1:19 PM

3 h ahead of Edgewood, NM

🌤 Weather

👥 Population

6,000

3,274,000 Capital

💱 Currency

United States Dollar USD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 USD = 0.897 EUR

1,000 VES = 1.12 USD

1,000 VES = 1 EUR

Exchange rates and currency converter

VES, EUR to USD – United States Dollar Converter

🇻🇪 Venezuelan Bolívar (Bs.S)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of November 7, 2026: 1 EUR = 1.11 USD (1 USD = 0.897 EUR).

Venezuelan Bolívar exchange rates as of November 7, 2026: 1 USD = 894 VES (1,000 VES = 1.12 USD). 1 EUR = 996 VES (1,000 VES = 1 EUR).

VES to USD in detail →

On the map

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Between locations

Edgewood, NM Caracas 4,810 km ≈ 7 h nonstop flight

From you

Edgewood, NM
Caracas

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

Edgewood, NM vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Edgewood, NM is pricier by about 99%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $4,116 per month in Edgewood, NM and $2,068 in Caracas. 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 $1,602 in Edgewood, NM.

Public transport costs about 48% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $1,324 per month in Edgewood, NM and $160 in Caracas. 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.

For expats, Caracas is the easier option financially – housing and daily costs are lower, and overall it costs about 50% less, which matters a lot on a fixed budget or early-career salary.