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

Monthly Cost of Living

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

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

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

Living in Isla de Margarita is roughly 4% more expensive than in Coro, driven mainly by Sport & Entertainment.

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

Meal at Budget Restaurant

$10.13 VES 8,587

$6.40 VES 5,423

58.28%

Three-Course Dinner for Two, Mid-Range

$78.8 VES 66.8K

$30.14 VES 25.5K

161.55%

Fast Food Meal (McDonalds, etc)

$10.12 VES 8,575

Cappuccino

$2.46 VES 2,081

$2.73 VES 2,312

-9.89%

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

$1.02 VES 867

$1.42 VES 1,206

-28.17%

Water (0.33 liter bottle)

$1.51 VES 1,281

$0.93 VES 784

62.37%

Local Beer (0.5 liter draught)

$1.03 VES 871

$1.20 VES 1,021

-14.17%

Imported Beer (0.33 liter bottle)

$2.96 VES 2,512

Milk (1 liter)

$2.05 VES 1,739

$1.87 VES 1,583

9.63%

White Bread (500g)

$2.92 VES 2,473

$1.32 VES 1,117

121.21%

Rice (white) (1kg)

$1.95 VES 1,648

$2.15 VES 1,822

-9.30%

Eggs

$2.42 VES 2,054

$1.75 VES 1,485

38.29%

Local Cheese (1kg)

$7.91 VES 6,700

$6.17 VES 5,229

28.20%

Chicken Fillets (1kg)

$8.03 VES 6,806

$7.16 VES 6,070

12.15%

Beef Round Steak (1kg)

$8.04 VES 6,813

$6.97 VES 5,910

15.35%

Apples (1kg)

$4.08 VES 3,454

$4.27 VES 3,619

-4.45%

Banana (1kg)

$1.46 VES 1,233

$1.54 VES 1,309

-5.19%

Oranges (1kg)

$1.94 VES 1,645

$0.61 VES 520

218.03%

Tomato (1kg)

$2.54 VES 2,149

$3.18 VES 2,695

-20.13%

Potato (1kg)

$1.48 VES 1,251

$2.82 VES 2,389

-47.52%

Onion (1kg)

$1.77 VES 1,499

$3.03 VES 2,566

-41.58%

Lettuce (1 head)

$1.02 VES 867

$0.48 VES 409

112.50%

Water (1.5 liter bottle)

$1.94 VES 1,645

Cigarettes 20 Pack (Marlboro, Camel)

$2.04 VES 1,731

Wine (Bottle)

$4.90 VES 4,154

$15.24 VES 12.9K

-67.85%

Local Beer (0.5 liter bottle)

$0.97 VES 823

$1.51 VES 1,280

-35.76%

Imported Beer (0.33 liter bottle)

$1.49 VES 1,261

$1.19 VES 1,008

25.21%

One-way Ticket (Public Transport)

$0.31 VES 267

Public Transport Monthly Pass (Regular Price)

$22.34 VES 18.9K

Taxi Start (Normal Tariff)

$3.04 VES 2,578

$3.02 VES 2,562

0.66%

Taxi (Normal Tariff) (1km)

$2.98 VES 2,525

$3.09 VES 2,615

-3.56%

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)

$30.33 VES 25.7K

$9.94 VES 8,423

205.13%

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

$15.19 VES 12.9K

$9.86 VES 8,354

54.06%

Internet (50+ Mbps, Unlimited Data)

$40.72 VES 34.5K

$24.81 VES 21.0K

64.13%

Gym Membership (Monthly)

$50.4 VES 42.7K

$10.02 VES 8,490

402.50%

Tennis Court (1 Hour on Weekend)

$14.84 VES 12.6K

$11.83 VES 10.0K

25.44%

Cinema Ticket

$5.15 VES 4,361

$2.03 VES 1,724

153.69%

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

$34.34 VES 29.1K

Jeans (Levis 501 Or Similar)

$78.9 VES 66.9K

$24.70 VES 20.9K

219.60%

Summer Dress (H&M, Zara, etc)

$54.3 VES 46.0K

Sport Shoes (Adidas, Nike)

$102 VES 86.2K

$80.4 VES 68.1K

26.46%

Men's Leather Business Shoes

$99.1 VES 84.0K

$68.8 VES 58.3K

44.06%

1-bedroom Apartment, City Center (Monthly)

$297 VES 251.8K

$120 VES 101.8K

147.29%

1-bedroom Apartment, Outside City Center (Monthly)

$40.10 VES 34.0K

3-bedroom Apartment, City Center (Monthly)

$497 VES 421.4K

$405 VES 343.1K

22.80%

3-bedroom Apartment, Outside City Center (Monthly)

$177 VES 150.3K

Buy Apartment in City Center (m2)

$605 VES 512.5K

$610 VES 517.2K

-0.91%

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 Isla de Margarita: September 14, 2026

Last update for Coro: September 13, 2026

Cost Breakdown

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

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

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

All in, you'll spend $648 per month in Isla de Margarita versus $623 in Coro – 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.