Last update: Oct 2026

Cost of Living Comparison Between Nanaimo, BC and Caracas

For one person, living is cheaper in Caracas: $1,312 a month against $2,349 in Nanaimo, BC, rent and utilities included – about $12,400 less a year. Rent and utilities account for most of the difference.

112

Cost of Living Index in Nanaimo, BC
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Nanaimo, BC Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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Nanaimo, BC

🇨🇦 Canada

$2,349

/mo nomad

Caracas

🇻🇪 Venezuela

$1,312

/mo nomad

Monthly Cost of Living

How much you'll spend in Nanaimo, BC 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 Nanaimo, BC and in Caracas actually costs, broken down by who's living it.

A single person spends $2,349 per month in Nanaimo, BC vs $1,312 in Caracas, rent included.

Nanaimo, BC $2,349
Caracas $1,312

A couple spends around $3,389 per month in Nanaimo, BC vs $2,236 in Caracas, rent included.

Nanaimo, BC $3,389
Caracas $2,236

A family of three spends $4,429 per month in Nanaimo, BC vs $3,160 in Caracas, rent included.

Nanaimo, BC $4,429
Caracas $3,160

Nanaimo, BC costs about 79% more than Caracas, and outside of rent the biggest gap is in eating out.

Nanaimo, BC sits 75% above the global median, while Caracas is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.51 CA$24.96

$10.63 VES 9,293

64.72%

Three-Course Dinner for Two, Mid-Range

$76.6 CA$109

$68.2 VES 59.6K

12.29%

Fast Food Meal (McDonalds, etc)

$11.37 CA$16.21

$10.99 VES 9,611

3.46%

Cappuccino

$3.81 CA$5.43

$3.73 VES 3,266

2.14%

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

$2.21 CA$3.14

$1.54 VES 1,349

43.51%

Water (0.33 liter bottle)

$1.61 CA$2.30

$1.28 VES 1,122

25.78%

Local Beer (0.5 liter draught)

$5.46 CA$7.78

$2.05 VES 1,796

166.34%

Imported Beer (0.33 liter bottle)

$5.53 CA$7.88

$2.91 VES 2,546

90.03%

Milk (1 liter)

$1.62 CA$2.31

$2.76 VES 2,413

-41.30%

White Bread (500g)

$3.36 CA$4.79

$2.32 VES 2,030

44.83%

Rice (white) (1kg)

$3.06 CA$4.36

$1.89 VES 1,655

61.90%

Eggs

$4.15 CA$5.92

$4.82 VES 4,219

-13.90%

Local Cheese (1kg)

$11.23 CA$16.00

$10.18 VES 8,900

10.31%

Chicken Fillets (1kg)

$13.10 CA$18.68

$9.44 VES 8,260

38.77%

Beef Round Steak (1kg)

$16.74 CA$23.86

$11.51 VES 10.1K

45.44%

Apples (1kg)

$4.64 CA$6.62

$7.23 VES 6,322

-35.82%

Banana (1kg)

$1.28 CA$1.82

$1.96 VES 1,713

-34.69%

Oranges (1kg)

$4.16 CA$5.92

$2.13 VES 1,864

95.31%

Tomato (1kg)

$5.82 CA$8.30

$2.37 VES 2,070

145.57%

Potato (1kg)

$2.72 CA$3.87

$2.24 VES 1,956

21.43%

Onion (1kg)

$2.84 CA$4.05

$2.24 VES 1,957

26.79%

Lettuce (1 head)

$2.84 CA$4.05

$1.61 VES 1,411

76.40%

Water (1.5 liter bottle)

$2.28 CA$3.26

$2.41 VES 2,104

-5.39%

Cigarettes 20 Pack (Marlboro, Camel)

$12.15 CA$17.32

$4.57 VES 3,994

165.86%

Wine (Bottle)

$14.15 CA$20.17

$12.02 VES 10.5K

17.72%

Local Beer (0.5 liter bottle)

$2.72 CA$3.87

$1.37 VES 1,196

98.54%

Imported Beer (0.33 liter bottle)

$2.67 CA$3.80

$2.17 VES 1,896

23.04%

One-way Ticket (Public Transport)

$1.84 CA$2.62

$0.51 VES 449

260.78%

Public Transport Monthly Pass (Regular Price)

$44.74 CA$63.8

$29.63 VES 25.9K

51.00%

Taxi Start (Normal Tariff)

$2.75 CA$3.93

$4.88 VES 4,271

-43.65%

Taxi (Normal Tariff) (1km)

$2.12 CA$3.02

$2.68 VES 2,346

-20.90%

Taxi 1hour Waiting (Normal Tariff)

$28.48 CA$40.59

$15.17 VES 13.3K

87.74%

Gasoline (1 liter)

$1.31 CA$1.87

$0.86 VES 754

52.33%

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

$27.8K CA$39.6K

$25.1K VES 22.0M

10.51%

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

$19.3K CA$27.6K

$38.6K VES 33.8M

-49.97%

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

$151 CA$216

$22.07 VES 19.3K

585.91%

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

$40.28 CA$57.4

$11.81 VES 10.3K

241.07%

Internet (50+ Mbps, Unlimited Data)

$63.9 CA$91.1

$38.64 VES 33.8K

65.32%

Gym Membership (Monthly)

$27.48 CA$39.17

$66.8 VES 58.5K

-58.88%

Tennis Court (1 Hour on Weekend)

$18.61 CA$26.53

$17.23 VES 15.1K

8.01%

Cinema Ticket

$10.94 CA$15.60

$6.48 VES 5,666

68.83%

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

$515 CA$734

$159 VES 139.5K

223.13%

International Primary School, 1 Child (Yearly)

$12.9K CA$18.4K

$6,138 VES 5.4M

110.23%

Jeans (Levis 501 Or Similar)

$48.90 CA$69.7

$77.8 VES 68.0K

-37.13%

Summer Dress (H&M, Zara, etc)

$33.57 CA$47.86

$50.6 VES 44.2K

-33.62%

Sport Shoes (Adidas, Nike)

$98.9 CA$141

$136 VES 119.2K

-27.41%

Men's Leather Business Shoes

$107 CA$153

$136 VES 119.2K

-21.39%

1-bedroom Apartment, City Center (Monthly)

$1,371 CA$1,954

$619 VES 541.0K

121.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,123 CA$1,601

$418 VES 365.3K

168.93%

3-bedroom Apartment, City Center (Monthly)

$2,121 CA$3,023

$1,106 VES 966.9K

91.80%

3-bedroom Apartment, Outside City Center (Monthly)

$1,699 CA$2,421

$887 VES 775.5K

91.59%

Buy Apartment in City Center (m2)

$3,831 CA$5,461

$1,458 VES 1.3M

162.70%

Buy Apartment Outside City Center (m2)

$3,462 CA$4,935

$690 VES 603.7K

401.56%

Average Monthly Net Salary (After Tax)

$3,148 CA$4,487

$304 VES 265.6K

936.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.72

-78.55%

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

Last update for Nanaimo, BC: October 5, 2026

Last update for Caracas: October 3, 2026

Monthly budget structure

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

Accommodation & Living

Nanaimo, BC

$1.1K 48.8%

Caracas

$418 31.4% 62.8% $706

Groceries & Markets

Nanaimo, BC

$405 17.6%

Caracas

$340 25.6% 16% $65

Eating Out

Nanaimo, BC

$274 11.9%

Caracas

$190 14.3% 30.5% $83

Monthly Utilities & Internet

Nanaimo, BC

$256 11.1%

Caracas

$73 5.5% 71.6% $183

Clothing & Footwear

Nanaimo, BC

$130 5.6%

Caracas

$180 13.6% 39% $51

Getting Around

Nanaimo, BC

$65 2.8%

Caracas

$50 3.8% 23.7% $15

Sport & Entertainment

Nanaimo, BC

$49 2.1%

Caracas

$80 6% 61.6% $30

Cost Breakdown

A central one-bedroom costs $1,371 in Nanaimo, BC versus $619 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 937% higher in Nanaimo, BC, 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 $77.0 in Nanaimo, BC versus $68.0 in Caracas. Monthly groceries follow the same trend: $405 vs $340 – making Caracas the more affordable choice for daily food spending.

Good to know

🇨🇦 Nanaimo, BC

🇻🇪 Caracas

🕒 Local time

04:51 4:51 AM

07:51 7:51 AM

3 h ahead of Nanaimo, BC

🌤 Weather

👥 Population

90,504

3,274,000 Capital

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

1,000 VES = 1.14 USD

1,000 VES = 1.02 EUR

Exchange rates and currency converter

VES, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

Venezuelan Bolívar exchange rates as of October 10, 2026: 1 USD = 875 VES (1,000 VES = 1.14 USD). 1 EUR = 980 VES (1,000 VES = 1.02 EUR).

USD to CAD in detail →

On the map

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Highest

Between locations

Nanaimo, BC Caracas 6,760 km ≈ 9 h nonstop flight

From you

Nanaimo, BC
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

Nanaimo, BC vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Nanaimo, BC is pricier by about 79%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,524 per month in Nanaimo, BC and $1,968 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.

Public transport costs about 51% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $515 per month in Nanaimo, BC and $159 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 $1,312, than in Nanaimo, BC at $2,349. In Caracas it covers expenses comfortably, while in Nanaimo, BC 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, Nanaimo, BC makes more sense. Both are solid long-term options with distinct trade-offs.