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Cost of Living Comparison Between Medellin and Caracas Cost of Living Comparison Between Medellin and Caracas

๐Ÿ™‚ Solo nomad: Medellin is 31.6% cheaper than Caracas without rent, and 14.2% cheaper with rent.
๐Ÿ™‚ Family of 3: Medellin is 32% cheaper than Caracas without rent, and 22.5% cheaper with rent.
Currency
๐Ÿฝ Eating Out
Medellin
Caracas
Difference
Meal at Budget Restaurant
$5.97 COPย 21.9K
$11.77 VESย 4,055
-49.28%
Three-Course Dinner for Two, Mid-Range
$32.40 COPย 119.0K
$55.5 VESย 19.1K
-41.57%
Fast Food Meal (McDonalds, etc)
$7.13 COPย 26.2K
$9.89 VESย 3,409
-27.91%
Cappuccino
$1.65 COPย 6,043
$2.53 VESย 873
-34.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.06 COPย 3,882
$1.30 VESย 449
-18.46%
Water (0.33 liter bottle)
$0.77 COPย 2,839
$0.94 VESย 325
-18.09%
Local Beer (0.5 liter draught)
$1.75 COPย 6,418
$1.53 VESย 528
14.38%
Imported Beer (0.33 liter bottle)
$3.06 COPย 11.2K
$2.92 VESย 1,007
4.79%
๐Ÿ›’ Groceries & Markets
Medellin
Caracas
Difference
Milk (1 liter)
$1.10 COPย 4,026
$1.87 VESย 645
-41.18%
White Bread (500g)
$1.30 COPย 4,771
$2.66 VESย 916
-51.13%
Rice (white) (1kg)
$1.34 COPย 4,905
$1.42 VESย 489
-5.63%
Eggs
$2.26 COPย 8,299
$2.84 VESย 978
-20.42%
Local Cheese (1kg)
$4.50 COPย 16.5K
$10.09 VESย 3,477
-55.40%
Chicken Fillets (1kg)
$5.80 COPย 21.3K
$7.26 VESย 2,500
-20.11%
Beef Round Steak (1kg)
$8.96 COPย 32.9K
$7.29 VESย 2,512
22.91%
Apples (1kg)
$2.37 COPย 8,691
$5.36 VESย 1,847
-55.78%
Banana (1kg)
$1.07 COPย 3,939
$1.86 VESย 641
-42.47%
Oranges (1kg)
$1.48 COPย 5,418
$2.26 VESย 777
-34.51%
Tomato (1kg)
$1.36 COPย 5,011
$1.98 VESย 682
-31.31%
Potato (1kg)
$1.13 COPย 4,135
$2.59 VESย 893
-56.37%
Onion (1kg)
$1.13 COPย 4,161
$2.14 VESย 736
-47.20%
Lettuce (1 head)
$0.89 COPย 3,274
$1.36 VESย 470
-34.56%
Water (1.5 liter bottle)
$0.85 COPย 3,114
$1.91 VESย 658
-55.50%
Cigarettes 20 Pack (Marlboro, Camel)
$2.28 COPย 8,361
$3.96 VESย 1,365
-42.42%
Wine (Bottle)
$10.15 COPย 37.3K
$9.62 VESย 3,314
5.51%
Local Beer (0.5 liter bottle)
$1.19 COPย 4,359
$1.46 VESย 503
-18.49%
Imported Beer (0.33 liter bottle)
$2.40 COPย 8,828
$1.95 VESย 671
23.08%
๐ŸšŒ Getting Around
Medellin
Caracas
Difference
One-way Ticket (Public Transport)
$0.84 COPย 3,074
$0.73 VESย 252
15.07%
Public Transport Monthly Pass (Regular Price)
$40.85 COPย 150.0K
$29.54 VESย 10.2K
38.29%
Taxi Start (Normal Tariff)
$1.48 COPย 5,417
$4.86 VESย 1,676
-69.55%
Taxi (Normal Tariff) (1km)
$1.89 COPย 6,949
$2.65 VESย 912
-28.68%
Taxi 1hour Waiting (Normal Tariff)
$8.05 COPย 29.5K
$9.85 VESย 3,392
-18.27%
Gasoline (1 liter)
$0.94 COPย 3,455
$0.52 VESย 179
80.77%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$17.7K COPย 65.1M
$25.5K VESย 8.8M
-30.37%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.4K COPย 96.8M
$39.8K VESย 13.7M
-33.79%
๐Ÿงพ Monthly Utilities & Internet
Medellin
Caracas
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.9 COPย 300.7K
$20.09 VESย 6,920
307.62%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$9.54 COPย 35.0K
$12.94 VESย 4,457
-26.28%
Internet (50+ Mbps, Unlimited Data)
$23.68 COPย 87.0K
$40.22 VESย 13.9K
-41.12%
๐ŸŽ‰ Sport & Entertainment
Medellin
Caracas
Difference
Gym Membership (Monthly)
$25.85 COPย 94.9K
$69.4 VESย 23.9K
-62.73%
Tennis Court (1 Hour on Weekend)
$18.72 COPย 68.7K
$15.22 VESย 5,242
23.00%
Cinema Ticket
$4.05 COPย 14.9K
$6.07 VESย 2,091
-33.28%
๐Ÿงธ Childcare & Education
Medellin
Caracas
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$316 COPย 1.2M
$133 VESย 45.9K
137.27%
International Primary School, 1 Child (Yearly)
$5,971 COPย 21.9M
$5,546 VESย 1.9M
7.66%
๐Ÿ‘•๐Ÿ‘Ÿ Clothing & Footwear
Medellin
Caracas
Difference
Jeans (Levis 501 Or Similar)
$59.0 COPย 216.4K
$63.1 VESย 21.7K
-6.53%
Summer Dress (H&M, Zara, etc)
$32.49 COPย 119.3K
$38.72 VESย 13.3K
-16.09%
Sport Shoes (Adidas, Nike)
$99.9 COPย 366.7K
$104 VESย 36.0K
-4.36%
Men's Leather Business Shoes
$108 COPย 394.9K
$113 VESย 38.9K
-4.83%
๐Ÿ  Accommodation & Living
Medellin
Caracas
Difference
1-bedroom Apartment, City Center (Monthly)
$491 COPย 1.8M
$459 VESย 158.3K
6.99%
1-bedroom Apartment, Outside City Center (Monthly)
$371 COPย 1.4M
$373 VESย 128.4K
-0.45%
3-bedroom Apartment, City Center (Monthly)
$821 COPย 3.0M
$985 VESย 339.4K
-16.63%
3-bedroom Apartment, Outside City Center (Monthly)
$731 COPย 2.7M
$861 VESย 296.6K
-15.09%
Buy Apartment in City Center (m2)
$3,019 COPย 11.1M
$1,480 VESย 509.8K
104.03%
Buy Apartment Outside City Center (m2)
$1,332 COPย 4.9M
$729 VESย 251.1K
82.80%
๐Ÿ’ต Salaries & Financials
Medellin
Caracas
Difference
Average Monthly Net Salary (After Tax)
$517 COPย 1.9M
$302 VESย 104.2K
70.96%
20-Year Fixed Mortgage Interest Rate (Annual %)
13.43
21.33
-37.04%

CityCost data is based on AI and user input โ€“ minor inaccuracies may occur.

Last update for Medellin: January 12, 2026

Last update for Caracas: January 10, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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