Last update: Oct 2026

Cost of Living Comparison Between Monterey Park, CA and Caracas

For one person, living is cheaper in Caracas: $1,338 a month against $2,866 in Monterey Park, CA, rent and utilities included – about $18,300 less a year. Rent and utilities account for most of the difference.

140

Cost of Living Index in Monterey Park, CA
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Monterey Park, CA Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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Monterey Park, CA

🇺🇸 United States

$2,866

/mo nomad

Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monthly Cost of Living

How much you'll spend in Monterey Park, CA and in Caracas

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

A single person spends $2,866 per month in Monterey Park, CA vs $1,338 in Caracas, rent included.

Monterey Park, CA $2,866
Caracas $1,338

A couple spends around $4,218 per month in Monterey Park, CA vs $2,238 in Caracas, rent included.

Monterey Park, CA $4,218
Caracas $2,238

A family of three spends $5,570 per month in Monterey Park, CA vs $3,138 in Caracas, rent included.

Monterey Park, CA $5,570
Caracas $3,138

Monterey Park, CA costs about 114% more than Caracas, and outside of rent the biggest gap is in eating out.

Monterey Park, CA sits 112% above the global median, while Caracas is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.69 $26.69

$10.82 VES 9,501

146.67%

Three-Course Dinner for Two, Mid-Range

$80.4 $80.4

$67.1 VES 58.9K

19.80%

Fast Food Meal (McDonalds, etc)

$15.07 $15.07

$10.83 VES 9,507

39.15%

Cappuccino

$5.89 $5.89

$3.71 VES 3,258

58.76%

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

$3.14 $3.14

$1.57 VES 1,380

100.00%

Water (0.33 liter bottle)

$2.76 $2.76

$1.31 VES 1,148

110.69%

Local Beer (0.5 liter draught)

$8.17 $8.17

$1.97 VES 1,730

314.72%

Imported Beer (0.33 liter bottle)

$10.19 $10.19

$3.06 VES 2,690

233.01%

Milk (1 liter)

$1.33 $1.33

$2.69 VES 2,364

-50.56%

White Bread (500g)

$4.94 $4.94

$2.24 VES 1,967

120.54%

Rice (white) (1kg)

$4.60 $4.60

$1.90 VES 1,668

142.11%

Eggs

$5.74 $5.74

$4.76 VES 4,181

20.59%

Local Cheese (1kg)

$11.29 $11.29

$10.24 VES 8,987

10.25%

Chicken Fillets (1kg)

$8.63 $8.63

$9.35 VES 8,207

-7.70%

Beef Round Steak (1kg)

$19.40 $19.40

$11.49 VES 10.1K

68.84%

Apples (1kg)

$4.65 $4.65

$7.28 VES 6,388

-36.13%

Banana (1kg)

$2.32 $2.32

$2.06 VES 1,805

12.62%

Oranges (1kg)

$4.12 $4.12

$2.16 VES 1,893

90.74%

Tomato (1kg)

$5.60 $5.60

$2.27 VES 1,996

146.70%

Potato (1kg)

$3.41 $3.41

$2.27 VES 1,990

50.22%

Onion (1kg)

$2.93 $2.93

$2.16 VES 1,901

35.65%

Lettuce (1 head)

$1.95 $1.95

$1.64 VES 1,438

18.90%

Water (1.5 liter bottle)

$2.44 $2.44

$2.36 VES 2,072

3.39%

Cigarettes 20 Pack (Marlboro, Camel)

$11.56 $11.56

$4.68 VES 4,110

147.01%

Wine (Bottle)

$14.98 $14.98

$11.92 VES 10.5K

25.67%

Local Beer (0.5 liter bottle)

$2.51 $2.51

$1.43 VES 1,252

75.52%

Imported Beer (0.33 liter bottle)

$2.71 $2.71

$2.05 VES 1,799

32.20%

One-way Ticket (Public Transport)

$1.99 $1.99

$0.52 VES 459

282.69%

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.7K

Taxi Start (Normal Tariff)

$3.08 $3.08

$4.92 VES 4,317

-37.40%

Taxi (Normal Tariff) (1km)

$1.81 $1.81

$2.81 VES 2,464

-35.59%

Taxi 1hour Waiting (Normal Tariff)

$32.31 $32.31

$14.91 VES 13.1K

116.70%

Gasoline (1 liter)

$1.57 $1.57

$0.88 VES 769

78.41%

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

$37.4K $37.4K

$24.8K VES 21.8M

50.86%

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

$25.5K $25.5K

$38.1K VES 33.5M

-33.10%

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

$272 $272

$21.49 VES 18.9K

1165.05%

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

$85.8 $85.8

$11.73 VES 10.3K

631.37%

Internet (50+ Mbps, Unlimited Data)

$81.4 $81.4

$38.50 VES 33.8K

111.40%

Gym Membership (Monthly)

$47.47 $47.47

$65.8 VES 57.8K

-27.86%

Tennis Court (1 Hour on Weekend)

$17.81 VES 15.6K

Cinema Ticket

$19.40 $19.40

$6.35 VES 5,573

205.51%

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

$1,175 $1,175

$157 VES 138.0K

647.38%

International Primary School, 1 Child (Yearly)

$31.7K $31.7K

$6,098 VES 5.4M

419.16%

Jeans (Levis 501 Or Similar)

$63.8 $63.8

$81.0 VES 71.1K

-21.25%

Summer Dress (H&M, Zara, etc)

$55.6 $55.6

$50.1 VES 44.0K

10.83%

Sport Shoes (Adidas, Nike)

$117 $117

$133 VES 117.0K

-12.05%

Men's Leather Business Shoes

$211 $211

$134 VES 117.7K

57.32%

1-bedroom Apartment, City Center (Monthly)

$1,565 $1,565

$608 VES 534.1K

157.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,283 $1,283

$428 VES 375.9K

199.74%

3-bedroom Apartment, City Center (Monthly)

$2,549 $2,549

$1,113 VES 977.4K

128.92%

3-bedroom Apartment, Outside City Center (Monthly)

$2,171 $2,171

$872 VES 765.6K

148.91%

Buy Apartment in City Center (m2)

$2,733 $2,733

$1,462 VES 1.3M

86.86%

Buy Apartment Outside City Center (m2)

$2,066 $2,066

$670 VES 587.9K

208.53%

Average Monthly Net Salary (After Tax)

$1,575 $1,575

$303 VES 265.6K

420.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.31

-71.32%

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

Last update for Monterey Park, CA: October 12, 2026

Last update for Caracas: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Monterey Park, CA

$1.3K 44.8%

Caracas

$428 32% 66.6% $855

Monthly Utilities & Internet

Monterey Park, CA

$439 15.3%

Caracas

$72 5.4% 83.7% $367

Groceries & Markets

Monterey Park, CA

$422 14.7%

Caracas

$338 25.2% 20% $84

Eating Out

Monterey Park, CA

$414 14.5%

Caracas

$191 14.3% 53.9% $223

Clothing & Footwear

Monterey Park, CA

$201 7%

Caracas

$179 13.4% 10.9% $22

Sport & Entertainment

Monterey Park, CA

$86 3%

Caracas

$79 5.9% 9% $7.8

Getting Around

Monterey Park, CA

$20 * 0.7%

Caracas

$51 3.8% 156% $31

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,565 in Monterey Park, CA versus $608 in Caracas. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 421% higher in Monterey Park, CA, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $80.0 in Monterey Park, CA versus $67.0 in Caracas. Monthly groceries follow the same trend: $422 vs $338 – making Caracas the more affordable choice for daily food spending.

Good to know

🇺🇸 Monterey Park, CA

🇻🇪 Caracas

🕒 Local time

12:12 12:12 PM

15:12 3:12 PM

3 h ahead of Monterey Park, CA

🌤 Weather

👥 Population

60,269

3,274,000 Capital

💱 Currency

United States Dollar USD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 USD = 0.889 EUR

1,000 VES = 1.14 USD

1,000 VES = 1.01 EUR

Exchange rates and currency converter

VES, EUR to USD – United States Dollar Converter

🇻🇪 Venezuelan Bolívar (Bs.S)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 17, 2026: 1 EUR = 1.12 USD (1 USD = 0.889 EUR).

Venezuelan Bolívar exchange rates as of October 17, 2026: 1 USD = 878 VES (1,000 VES = 1.14 USD). 1 EUR = 987 VES (1,000 VES = 1.01 EUR).

VES to USD in detail →

On the map

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Between locations

Monterey Park, CA Caracas 5,810 km ≈ 8 h nonstop flight

From you

Monterey Park, CA
Caracas

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

Monterey Park, CA vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Monterey Park, CA is pricier by about 114%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $4,300 per month in Monterey Park, CA and $2,007 in Caracas. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,866 in Monterey Park, CA and $1,338 in Caracas. That's a gap of about 114%.

Kindergarten costs $1,175 per month in Monterey Park, CA and $157 in Caracas. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Caracas, where all-in costs run around $1,338, than in Monterey Park, CA at $2,866. In Caracas it covers expenses comfortably, while in Monterey Park, CA it requires careful planning or may not stretch far enough.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Caracas. If higher salaries, better infrastructure, or specific career opportunities are the priority, Monterey Park, CA makes more sense. Both are solid long-term options with distinct trade-offs.