Last update: Oct 2026

Cost of Living Comparison Between Maracaibo and Toronto

For one person, living is cheaper in Maracaibo: $787 a month against $2,599 in Toronto, rent and utilities included – about $21,700 less a year. Rent and utilities account for most of the difference.

38

Cost of Living Index in Maracaibo
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Maracaibo Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Maracaibo

🇻🇪 Venezuela

$787

/mo nomad

Toronto

🇨🇦 Canada

$2,599

/mo nomad

Monthly Cost of Living

How much you'll spend in Maracaibo and in Toronto

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

Monthly costs for one person with rent: $787 in Maracaibo versus $2,599 in Toronto.

Maracaibo $787
Toronto $2,599

Estimated couple costs with rent: $1,306 in Maracaibo versus $3,700 in Toronto.

Maracaibo $1,306
Toronto $3,700

Monthly costs for a family of three with rent: $1,825 in Maracaibo versus $4,801 in Toronto.

Maracaibo $1,825
Toronto $4,801

Living in Maracaibo costs roughly 70% less than in Toronto, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Maracaibo is 42% below, Toronto is 92% above.

Meal at Budget Restaurant

$10.59 VES 9,455

$17.98 CA$25.09

-41.10%

Three-Course Dinner for Two, Mid-Range

$39.84 VES 35.6K

$72.3 CA$101

-44.87%

Fast Food Meal (McDonalds, etc)

$8.87 VES 7,921

$10.83 CA$15.11

-18.10%

Cappuccino

$2.74 VES 2,444

$4.34 CA$6.06

-36.87%

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

$1.18 VES 1,056

$2.16 CA$3.01

-45.37%

Water (0.33 liter bottle)

$1.36 VES 1,212

$1.66 CA$2.31

-18.07%

Local Beer (0.5 liter draught)

$2.32 VES 2,067

$6.35 CA$8.86

-63.46%

Imported Beer (0.33 liter bottle)

$2.97 VES 2,647

$7.34 CA$10.25

-59.54%

Milk (1 liter)

$2.03 VES 1,814

$2.57 CA$3.59

-21.01%

White Bread (500g)

$2.16 VES 1,927

$2.71 CA$3.78

-20.30%

Rice (white) (1kg)

$1.04 VES 931

$2.28 CA$3.18

-54.39%

Eggs

$3.72 VES 3,319

$3.60 CA$5.03

3.33%

Local Cheese (1kg)

$6.61 VES 5,896

$8.94 CA$12.48

-26.06%

Chicken Fillets (1kg)

$6.48 VES 5,782

$11.19 CA$15.62

-42.09%

Beef Round Steak (1kg)

$7.42 VES 6,626

$15.23 CA$21.25

-51.28%

Apples (1kg)

$4.80 VES 4,281

$3.74 CA$5.23

28.34%

Banana (1kg)

$1.42 VES 1,264

$1.23 CA$1.71

15.45%

Oranges (1kg)

$1.60 VES 1,427

$3.58 CA$5.00

-55.31%

Tomato (1kg)

$1.40 VES 1,253

$4.25 CA$5.93

-67.06%

Potato (1kg)

$1.17 VES 1,047

$1.94 CA$2.71

-39.69%

Onion (1kg)

$1.71 VES 1,524

$1.67 CA$2.33

2.40%

Lettuce (1 head)

$1.03 VES 916

$2.30 CA$3.21

-55.22%

Water (1.5 liter bottle)

$1.95 VES 1,742

$1.26 CA$1.76

54.76%

Cigarettes 20 Pack (Marlboro, Camel)

$2.91 VES 2,599

$14.19 CA$19.81

-79.49%

Wine (Bottle)

$8.91 VES 7,952

$14.25 CA$19.89

-37.47%

Local Beer (0.5 liter bottle)

$1.09 VES 972

$2.28 CA$3.18

-52.19%

Imported Beer (0.33 liter bottle)

$2.72 VES 2,432

$2.58 CA$3.61

5.43%

One-way Ticket (Public Transport)

$0.47 VES 419

$2.35 CA$3.29

-80.00%

Public Transport Monthly Pass (Regular Price)

$42.03 VES 37.5K

$111 CA$155

-62.13%

Taxi Start (Normal Tariff)

$3.90 VES 3,485

$3.01 CA$4.21

29.57%

Taxi (Normal Tariff) (1km)

$1.96 VES 1,745

$1.22 CA$1.71

60.66%

Taxi 1hour Waiting (Normal Tariff)

$17.22 VES 15.4K

$21.82 CA$30.47

-21.08%

Gasoline (1 liter)

$0.68 VES 609

$1.23 CA$1.72

-44.72%

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

$14.9K VES 13.3M

$27.0K CA$37.6K

-44.70%

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

$28.1K VES 25.1M

$21.8K CA$30.5K

28.69%

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

$64.2 VES 57.3K

$121 CA$169

-46.83%

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

$7.13 VES 6,367

$33.10 CA$46.21

-78.46%

Internet (50+ Mbps, Unlimited Data)

$25.11 VES 22.4K

$49.09 CA$68.5

-48.85%

Gym Membership (Monthly)

$33.45 VES 29.9K

$36.65 CA$51.2

-8.73%

Tennis Court (1 Hour on Weekend)

$28.26 VES 25.2K

$25.01 CA$34.91

12.99%

Cinema Ticket

$4.93 VES 4,397

$12.78 CA$17.84

-61.42%

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

$149 VES 133.2K

$754 CA$1,053

-80.22%

International Primary School, 1 Child (Yearly)

$7,312 VES 6.5M

$33.7K CA$47.0K

-78.29%

Jeans (Levis 501 Or Similar)

$27.95 VES 24.9K

$50.4 CA$70.3

-44.53%

Summer Dress (H&M, Zara, etc)

$32.06 VES 28.6K

$41.43 CA$57.8

-22.62%

Sport Shoes (Adidas, Nike)

$60.1 VES 53.7K

$101 CA$141

-40.61%

Men's Leather Business Shoes

$58.2 VES 51.9K

$130 CA$182

-55.34%

1-bedroom Apartment, City Center (Monthly)

$160 VES 142.9K

$1,590 CA$2,219

-89.93%

1-bedroom Apartment, Outside City Center (Monthly)

$92.9 VES 82.9K

$1,424 CA$1,988

-93.48%

3-bedroom Apartment, City Center (Monthly)

$304 VES 271.8K

$2,641 CA$3,687

-88.47%

3-bedroom Apartment, Outside City Center (Monthly)

$201 VES 179.5K

$2,090 CA$2,918

-90.38%

Buy Apartment in City Center (m2)

$747 VES 667.2K

$7,730 CA$10.8K

-90.33%

Buy Apartment Outside City Center (m2)

$510 VES 454.9K

$6,892 CA$9,620

-92.61%

Average Monthly Net Salary (After Tax)

$218 VES 195.0K

$3,623 CA$5,057

-93.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.45

349.44%

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

Last update for Maracaibo: October 31, 2026

Last update for Toronto: November 2, 2026

Monthly budget structure

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

Groceries & Markets

Maracaibo

$244 31.1%

Toronto

$345 13.3% 41.1% $100

Eating Out

Maracaibo

$172 21.8%

Toronto

$290 11.2% 68.8% $118

Monthly Utilities & Internet

Maracaibo

$96 12.3%

Toronto

$203 7.8% 110% $107

Accommodation & Living

Maracaibo

$93 11.8%

Toronto

$1.4K 54.8% 1433% $1.3K

Clothing & Footwear

Maracaibo

$80 10.2%

Toronto

$145 5.6% 81.3% $65

Getting Around

Maracaibo

$58 7.3%

Toronto

$130 5% 125% $72

Sport & Entertainment

Maracaibo

$43 5.5%

Toronto

$62 2.4% 43.6% $19

Cost Breakdown

A one-bedroom apartment in the center runs $160 in Maracaibo and $1,590 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays about 17 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $40 in Maracaibo vs $72 in Toronto for a mid-range dinner for two. Groceries echo the gap at $244 vs $345 per month, with Maracaibo cheaper across the board.

Good to know

🇻🇪 Maracaibo

🇨🇦 Toronto

🕒 Local time

17:17 5:17 PM

16:17 4:17 PM

1 h behind Maracaibo

🌤 Weather

👥 Population

2,000,000

2,731,571

💱 Currency

Venezuelan Bolívar VES Bs.S

Canadian Dollar CAD $

📈 Exchange rate

10,000 VES = 11.2 USD

10,000 VES = 9.98 EUR

1 CAD = 0.716 USD

1 CAD = 0.638 EUR

Exchange rates and currency converter

CAD, USD, EUR to VES – Venezuelan Bolívar Converter

🇺🇸 United States Dollar ($)

🇻🇪 Venezuelan Bolívar (Bs.S)

Venezuelan Bolívar exchange rates as of November 5, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,002 VES (10,000 VES = 9.98 EUR).

Canadian Dollar exchange rates as of November 5, 2026: 1 USD = 1.4 CAD (1 CAD = 0.716 USD). 1 EUR = 1.57 CAD (1 CAD = 0.638 EUR).

USD to VES in detail →

On the map

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Highest

Between locations

Maracaibo Toronto 3,740 km ≈ 5 h nonstop flight

From you

Maracaibo
Toronto

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

Maracaibo vs Toronto: Cost of Living - Frequently Asked Questions

Maracaibo is about 70% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

On paper, salaries run 94% lower in Maracaibo. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $160 in Maracaibo versus $1,590 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $149 in Maracaibo versus $754 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 41% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

At $787 in Maracaibo versus $2,599 in Toronto, a $1,000 budget is realistic in Maracaibo but tight or insufficient in Toronto. The gap between the two cities makes Maracaibo the clear choice for anyone on this budget.

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 Maracaibo gentler on the wallet – expenses run 70% less than in Toronto. Beyond cost, consider language, visa policies, and how big the international community is in each city.