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

Monthly Cost of Living

A single person spends $648 per month in Isla de Margarita vs $791 in Maracaibo, rent included.

A couple spends around $1,204 per month in Isla de Margarita vs $1,318 in Maracaibo, rent included.

A family of three spends $1,760 per month in Isla de Margarita vs $1,845 in Maracaibo, rent included.

Isla de Margarita is about 18% cheaper than Maracaibo, driven mainly by Clothing & Footwear.

Both Isla de Margarita and Maracaibo are more affordable than the global median – Isla de Margarita 53% lower, Maracaibo 42% lower.

Meal at Budget Restaurant

$10.13 VES 8,587

$10.32 VES 8,745

-1.84%

Three-Course Dinner for Two, Mid-Range

$78.8 VES 66.8K

$40.26 VES 34.1K

95.80%

Fast Food Meal (McDonalds, etc)

$9.25 VES 7,839

Cappuccino

$2.46 VES 2,081

$2.62 VES 2,222

-6.11%

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

$1.02 VES 867

$1.20 VES 1,016

-15.00%

Water (0.33 liter bottle)

$1.51 VES 1,281

$1.30 VES 1,098

16.15%

Local Beer (0.5 liter draught)

$1.03 VES 871

$2.22 VES 1,882

-53.60%

Imported Beer (0.33 liter bottle)

$2.96 VES 2,512

$3.05 VES 2,582

-2.95%

Milk (1 liter)

$2.05 VES 1,739

$1.79 VES 1,520

14.53%

White Bread (500g)

$2.92 VES 2,473

$2.19 VES 1,859

33.33%

Rice (white) (1kg)

$1.95 VES 1,648

$1.09 VES 921

78.90%

Eggs

$2.42 VES 2,054

$3.72 VES 3,156

-34.95%

Local Cheese (1kg)

$7.91 VES 6,700

$6.44 VES 5,462

22.83%

Chicken Fillets (1kg)

$8.03 VES 6,806

$6.20 VES 5,250

29.52%

Beef Round Steak (1kg)

$8.04 VES 6,813

$7.28 VES 6,166

10.44%

Apples (1kg)

$4.08 VES 3,454

$4.64 VES 3,932

-12.07%

Banana (1kg)

$1.46 VES 1,233

$1.40 VES 1,187

4.29%

Oranges (1kg)

$1.94 VES 1,645

$1.62 VES 1,376

19.75%

Tomato (1kg)

$2.54 VES 2,149

$1.45 VES 1,231

75.17%

Potato (1kg)

$1.48 VES 1,251

$1.21 VES 1,027

22.31%

Onion (1kg)

$1.77 VES 1,499

$1.77 VES 1,504

Lettuce (1 head)

$1.02 VES 867

$0.97 VES 825

5.15%

Water (1.5 liter bottle)

$1.99 VES 1,686

Cigarettes 20 Pack (Marlboro, Camel)

$2.98 VES 2,524

Wine (Bottle)

$4.90 VES 4,154

$8.90 VES 7,545

-44.94%

Local Beer (0.5 liter bottle)

$0.97 VES 823

$1.08 VES 917

-10.19%

Imported Beer (0.33 liter bottle)

$1.49 VES 1,261

$2.63 VES 2,230

-43.35%

One-way Ticket (Public Transport)

$0.44 VES 372

Public Transport Monthly Pass (Regular Price)

$43.07 VES 36.5K

Taxi Start (Normal Tariff)

$3.04 VES 2,578

$3.93 VES 3,328

-22.65%

Taxi (Normal Tariff) (1km)

$2.98 VES 2,525

$1.97 VES 1,670

51.27%

Taxi 1hour Waiting (Normal Tariff)

$17.64 VES 14.9K

Gasoline (1 liter)

$0.66 VES 558

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

$15.2K VES 12.9M

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

$28.3K VES 24.0M

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

$30.33 VES 25.7K

$62.3 VES 52.8K

-51.34%

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

$15.19 VES 12.9K

$7.35 VES 6,228

106.67%

Internet (50+ Mbps, Unlimited Data)

$40.72 VES 34.5K

$25.23 VES 21.4K

61.40%

Gym Membership (Monthly)

$50.4 VES 42.7K

$34.31 VES 29.1K

46.75%

Tennis Court (1 Hour on Weekend)

$14.84 VES 12.6K

$27.98 VES 23.7K

-46.96%

Cinema Ticket

$5.15 VES 4,361

$4.92 VES 4,172

4.67%

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

$153 VES 129.5K

International Primary School, 1 Child (Yearly)

$7,190 VES 6.1M

Jeans (Levis 501 Or Similar)

$78.9 VES 66.9K

$27.26 VES 23.1K

189.58%

Summer Dress (H&M, Zara, etc)

$32.75 VES 27.8K

Sport Shoes (Adidas, Nike)

$102 VES 86.2K

$59.8 VES 50.7K

70.05%

Men's Leather Business Shoes

$99.1 VES 84.0K

$56.6 VES 48.0K

75.12%

1-bedroom Apartment, City Center (Monthly)

$297 VES 251.8K

$160 VES 135.5K

85.77%

1-bedroom Apartment, Outside City Center (Monthly)

$91.9 VES 77.9K

3-bedroom Apartment, City Center (Monthly)

$497 VES 421.4K

$295 VES 250.1K

68.50%

3-bedroom Apartment, Outside City Center (Monthly)

$198 VES 167.9K

Buy Apartment in City Center (m2)

$605 VES 512.5K

$754 VES 639.4K

-19.85%

Buy Apartment Outside City Center (m2)

$507 VES 429.5K

Average Monthly Net Salary (After Tax)

$203 VES 172.1K

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 Maracaibo: September 12, 2026

Cost Breakdown

A central one-bedroom costs $297 in Isla de Margarita versus $160 in Maracaibo. 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 $79.0 in Isla de Margarita versus $40.00 in Maracaibo. Groceries tell a different story – $234 in Isla de Margarita vs $240 in Maracaibo – so Isla de Margarita wins on supermarket bills even if dining out costs more.

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 Maracaibo: Cost of Living - Frequently Asked Questions

Yes – Maracaibo is pricier by about 22%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $971 per month in Isla de Margarita and $1,187 in Maracaibo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Isla de Margarita, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 2% more in Maracaibo, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $79.0 in Isla de Margarita and $40.00 in Maracaibo. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$1,000 covers both cities comfortably – all-in costs are $648 in Isla de Margarita and $791 in Maracaibo, leaving budget for savings and extras in both cases.

Families tend to lean toward Isla de Margarita – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Isla de Margarita. If higher salaries, better infrastructure, or specific career opportunities are the priority, Maracaibo makes more sense. Both are solid long-term options with distinct trade-offs.