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 $659 per month in Isla de Margarita vs $729 in Maracaibo, rent included.

A couple spends around $1,208 per month in Isla de Margarita vs $1,233 in Maracaibo, rent included.

A family of three spends $1,757 per month in Isla de Margarita vs $1,737 in Maracaibo, rent included.

Isla de Margarita is about 10% cheaper than Maracaibo, driven mainly by Eating Out.

Both Isla de Margarita and Maracaibo are more affordable than the global median – Isla de Margarita 51% lower, Maracaibo 46% lower.

Meal at Budget Restaurant

$9.90 VES 5,798

$10.41 VES 6,102

-4.90%

Three-Course Dinner for Two, Mid-Range

$81.5 VES 47.7K

$39.47 VES 23.1K

106.41%

Fast Food Meal (McDonalds, etc)

$9.25 VES 5,418

Cappuccino

$2.46 VES 1,442

$2.66 VES 1,557

-7.52%

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

$1.03 VES 602

$1.20 VES 702

-14.17%

Water (0.33 liter bottle)

$1.49 VES 870

$1.29 VES 757

15.50%

Local Beer (0.5 liter draught)

$1.02 VES 600

$2.22 VES 1,302

-54.05%

Imported Beer (0.33 liter bottle)

$2.98 VES 1,747

$3.04 VES 1,782

-1.97%

Milk (1 liter)

$1.97 VES 1,156

$1.78 VES 1,046

10.67%

White Bread (500g)

$2.97 VES 1,739

$1.98 VES 1,161

50.00%

Rice (white) (1kg)

$2.05 VES 1,203

$1.07 VES 627

91.59%

Eggs

$2.43 VES 1,424

$3.06 VES 1,792

-20.59%

Local Cheese (1kg)

$8.20 VES 4,807

$6.01 VES 3,519

36.44%

Chicken Fillets (1kg)

$7.99 VES 4,680

$5.33 VES 3,124

49.91%

Beef Round Steak (1kg)

$7.86 VES 4,608

$6.37 VES 3,732

23.39%

Apples (1kg)

$4.07 VES 2,386

$4.45 VES 2,606

-8.54%

Banana (1kg)

$1.49 VES 873

$1.33 VES 779

12.03%

Oranges (1kg)

$2.04 VES 1,196

$1.62 VES 951

25.93%

Tomato (1kg)

$2.47 VES 1,446

$1.47 VES 862

68.03%

Potato (1kg)

$1.54 VES 903

$1.23 VES 720

25.20%

Onion (1kg)

$1.85 VES 1,083

$1.66 VES 976

11.45%

Lettuce (1 head)

$0.97 VES 570

$1.02 VES 599

-4.90%

Water (1.5 liter bottle)

$1.63 VES 957

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 VES 2,003

Wine (Bottle)

$4.87 VES 2,853

$8.73 VES 5,117

-44.22%

Local Beer (0.5 liter bottle)

$1.02 VES 595

$1.06 VES 622

-3.77%

Imported Beer (0.33 liter bottle)

$1.54 VES 904

$2.72 VES 1,595

-43.38%

One-way Ticket (Public Transport)

$0.52 VES 307

Public Transport Monthly Pass (Regular Price)

$41.98 VES 24.6K

Taxi Start (Normal Tariff)

$2.95 VES 1,729

$3.93 VES 2,302

-24.94%

Taxi (Normal Tariff) (1km)

$2.95 VES 1,730

$1.98 VES 1,160

48.99%

Taxi 1hour Waiting (Normal Tariff)

$17.25 VES 10.1K

Gasoline (1 liter)

$0.52 VES 304

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

$22.3K VES 13.1M

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

$32.1K VES 18.8M

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

$29.95 VES 17.5K

$15.95 VES 9,343

87.77%

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

$14.86 VES 8,704

$8.54 VES 5,002

74.00%

Internet (50+ Mbps, Unlimited Data)

$39.97 VES 23.4K

$26.13 VES 15.3K

52.97%

Gym Membership (Monthly)

$49.66 VES 29.1K

$33.51 VES 19.6K

48.19%

Tennis Court (1 Hour on Weekend)

$15.08 VES 8,834

$23.54 VES 13.8K

-35.94%

Cinema Ticket

$5.13 VES 3,007

$5.05 VES 2,956

1.58%

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

$111 VES 64.8K

International Primary School, 1 Child (Yearly)

$14.3K VES 8.4M

Jeans (Levis 501 Or Similar)

$78.6 VES 46.1K

$42.83 VES 25.1K

83.59%

Summer Dress (H&M, Zara, etc)

$42.52 VES 24.9K

Sport Shoes (Adidas, Nike)

$99.5 VES 58.3K

$58.1 VES 34.1K

71.16%

Men's Leather Business Shoes

$98.1 VES 57.5K

$59.9 VES 35.1K

63.89%

1-bedroom Apartment, City Center (Monthly)

$299 VES 175.1K

$180 VES 105.4K

66.04%

1-bedroom Apartment, Outside City Center (Monthly)

$104 VES 61.1K

3-bedroom Apartment, City Center (Monthly)

$503 VES 294.6K

$329 VES 192.6K

52.92%

3-bedroom Apartment, Outside City Center (Monthly)

$215 VES 126.1K

Buy Apartment in City Center (m2)

$589 VES 345.1K

$738 VES 432.5K

-20.19%

Buy Apartment Outside City Center (m2)

$491 VES 287.8K

Average Monthly Net Salary (After Tax)

$199 VES 116.5K

20-Year Fixed Mortgage Interest Rate (Annual %)

26.6

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

Last update for Isla de Margarita: June 6, 2026

Last update for Maracaibo: June 9, 2026

Cost Breakdown

A central one-bedroom costs $299 in Isla de Margarita versus $180 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 $81.0 in Isla de Margarita versus $39.00 in Maracaibo. Monthly groceries follow the same trend: $235 vs $221 – making Maracaibo the more affordable choice for daily food spending.

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 11%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $988 per month in Isla de Margarita and $1,093 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.

Interestingly, groceries are about 7% cheaper in Maracaibo – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A mid-range dinner for two costs $81.0 in Isla de Margarita and $39.00 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 $659 in Isla de Margarita and $729 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.