Last update: Oct 2026

Cost of Living Comparison Between Hope and Caracas

For one person, living is cheaper in Caracas: $1,338 a month against $2,249 in Hope, rent and utilities included – about $10,900 less a year. Rent and utilities account for most of the difference.

110

Cost of Living Index in Hope
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Hope Living Index
65

Cost of Living Index in Caracas
Learn more

Caracas Living Index

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Hope

🇨🇦 Canada

$2,249

/mo nomad

Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monthly Cost of Living

How much you'll spend in Hope 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 Hope and in Caracas actually costs, broken down by who's living it.

A single person spends $2,249 per month in Hope vs $1,338 in Caracas, rent included.

Hope $2,249
Caracas $1,338

A couple spends around $3,263 per month in Hope vs $2,238 in Caracas, rent included.

Hope $3,263
Caracas $2,238

A family of three spends $4,278 per month in Hope vs $3,138 in Caracas, rent included.

Hope $4,278
Caracas $3,138

Hope costs about 68% more than Caracas, and outside of rent the biggest gap is in groceries.

Hope sits 67% above the global median, while Caracas is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$14.05 CA$19.86

$10.82 VES 9,501

29.85%

Three-Course Dinner for Two, Mid-Range

$49.35 CA$69.8

$67.1 VES 58.9K

-26.49%

Fast Food Meal (McDonalds, etc)

$9.29 CA$13.14

$10.83 VES 9,507

-14.22%

Cappuccino

$4.63 CA$6.55

$3.71 VES 3,258

24.80%

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

$1.37 CA$1.93

$1.57 VES 1,380

-12.74%

Water (0.33 liter bottle)

$1.77 CA$2.50

$1.31 VES 1,148

35.11%

Local Beer (0.5 liter draught)

$4.50 CA$6.36

$1.97 VES 1,730

128.43%

Imported Beer (0.33 liter bottle)

$5.65 CA$7.98

$3.06 VES 2,690

84.64%

Milk (1 liter)

$2.36 CA$3.34

$2.69 VES 2,364

-12.27%

White Bread (500g)

$2.84 CA$4.02

$2.24 VES 1,967

26.79%

Rice (white) (1kg)

$3.41 CA$4.81

$1.90 VES 1,668

79.47%

Eggs

$3.17 CA$4.48

$4.76 VES 4,181

-33.40%

Local Cheese (1kg)

$13.48 CA$19.06

$10.24 VES 8,987

31.64%

Chicken Fillets (1kg)

$13.79 CA$19.50

$9.35 VES 8,207

47.49%

Beef Round Steak (1kg)

$24.60 CA$34.78

$11.49 VES 10.1K

114.10%

Apples (1kg)

$4.40 CA$6.22

$7.28 VES 6,388

-39.56%

Banana (1kg)

$1.30 CA$1.84

$2.06 VES 1,805

-36.89%

Oranges (1kg)

$4.45 CA$6.29

$2.16 VES 1,893

106.02%

Tomato (1kg)

$4.62 CA$6.53

$2.27 VES 1,996

103.52%

Potato (1kg)

$2.78 CA$3.93

$2.27 VES 1,990

22.47%

Onion (1kg)

$3.66 CA$5.18

$2.16 VES 1,901

69.44%

Lettuce (1 head)

$2.64 CA$3.73

$1.64 VES 1,438

60.98%

Water (1.5 liter bottle)

$2.12 CA$2.99

$2.36 VES 2,072

-10.17%

Cigarettes 20 Pack (Marlboro, Camel)

$13.83 CA$19.55

$4.68 VES 4,110

195.51%

Wine (Bottle)

$13.20 CA$18.66

$11.92 VES 10.5K

10.74%

Local Beer (0.5 liter bottle)

$2.09 CA$2.95

$1.43 VES 1,252

46.15%

Imported Beer (0.33 liter bottle)

$2.31 CA$3.27

$2.05 VES 1,799

12.68%

One-way Ticket (Public Transport)

$2.29 CA$3.24

$0.52 VES 459

340.38%

Public Transport Monthly Pass (Regular Price)

$70.4 CA$99.5

$30.37 VES 26.7K

131.71%

Taxi Start (Normal Tariff)

$2.86 CA$4.04

$4.92 VES 4,317

-41.87%

Taxi (Normal Tariff) (1km)

$1.47 CA$2.08

$2.81 VES 2,464

-47.69%

Taxi 1hour Waiting (Normal Tariff)

$26.03 CA$36.80

$14.91 VES 13.1K

74.58%

Gasoline (1 liter)

$1.30 CA$1.83

$0.88 VES 769

47.73%

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

$27.6K CA$39.1K

$24.8K VES 21.8M

11.39%

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

$19.2K CA$27.2K

$38.1K VES 33.5M

-49.60%

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

$123 CA$174

$21.49 VES 18.9K

473.52%

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

$42.91 CA$60.7

$11.73 VES 10.3K

265.81%

Internet (50+ Mbps, Unlimited Data)

$52.0 CA$73.5

$38.50 VES 33.8K

35.06%

Gym Membership (Monthly)

$36.24 CA$51.2

$65.8 VES 57.8K

-44.92%

Tennis Court (1 Hour on Weekend)

$18.70 CA$26.44

$17.81 VES 15.6K

5.00%

Cinema Ticket

$14.23 CA$20.12

$6.35 VES 5,573

124.09%

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

$640 CA$905

$157 VES 138.0K

307.17%

International Primary School, 1 Child (Yearly)

$11.5K CA$16.2K

$6,098 VES 5.4M

88.11%

Jeans (Levis 501 Or Similar)

$53.2 CA$75.2

$81.0 VES 71.1K

-34.33%

Summer Dress (H&M, Zara, etc)

$45.52 CA$64.4

$50.1 VES 44.0K

-9.18%

Sport Shoes (Adidas, Nike)

$70.5 CA$99.6

$133 VES 117.0K

-47.15%

Men's Leather Business Shoes

$70.4 CA$99.5

$134 VES 117.7K

-47.49%

1-bedroom Apartment, City Center (Monthly)

$1,266 CA$1,789

$608 VES 534.1K

108.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,101 CA$1,556

$428 VES 375.9K

157.10%

3-bedroom Apartment, City Center (Monthly)

$1,905 CA$2,693

$1,113 VES 977.4K

71.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,721 CA$2,432

$872 VES 765.6K

97.29%

Buy Apartment in City Center (m2)

$4,120 CA$5,824

$1,462 VES 1.3M

181.73%

Buy Apartment Outside City Center (m2)

$3,650 CA$5,160

$670 VES 587.9K

445.08%

Average Monthly Net Salary (After Tax)

$2,874 CA$4,062

$303 VES 265.6K

849.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.76

-78.36%

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

Last update for Hope: October 11, 2026

Last update for Caracas: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Hope

$1.1K 49%

Caracas

$428 32% 61.1% $673

Groceries & Markets

Hope

$425 18.9%

Caracas

$338 25.2% 20.6% $88

Eating Out

Hope

$242 10.8%

Caracas

$191 14.3% 21.1% $51

Monthly Utilities & Internet

Hope

$218 9.7%

Caracas

$72 5.4% 67.1% $146

Clothing & Footwear

Hope

$108 4.8%

Caracas

$179 13.4% 66.3% $72

Getting Around

Hope

$90 4%

Caracas

$51 3.8% 42.7% $38

Sport & Entertainment

Hope

$65 2.9%

Caracas

$79 5.9% 21.3% $14

Cost Breakdown

A central one-bedroom costs $1,266 in Hope versus $608 in Caracas. 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 850% higher in Hope, 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 $49.00 in Hope versus $67.0 in Caracas. Groceries tell a different story – $425 in Hope vs $338 in Caracas – so Caracas wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Hope

🇻🇪 Caracas

🕒 Local time

13:21 1:21 PM

16:21 4:21 PM

3 h ahead of Hope

🌤 Weather

👥 Population

6,200

3,274,000 Capital

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1,000 VES = 1.14 USD

1,000 VES = 1.01 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 19, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Venezuelan Bolívar exchange rates as of October 19, 2026: 1 USD = 878 VES (1,000 VES = 1.14 USD). 1 EUR = 987 VES (1,000 VES = 1.01 EUR).

USD to CAD in detail →

On the map

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Between locations

Hope Caracas 6,600 km ≈ 9 h nonstop flight

From you

Hope
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

Hope vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Hope is pricier by about 68%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,373 per month in Hope and $2,007 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 132% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $640 per month in Hope and $157 in Caracas. 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 Hope at $2,249. In Caracas it covers expenses comfortably, while in Hope 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, Hope makes more sense. Both are solid long-term options with distinct trade-offs.