Last update: Oct 2026

Cost of Living Comparison Between New Westminster and Caracas

For one person, living is cheaper in Caracas: $1,338 a month against $2,526 in New Westminster, rent and utilities included – about $14,300 less a year. Rent and utilities account for most of the difference.

123

Cost of Living Index in New Westminster
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New Westminster Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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New Westminster

🇨🇦 Canada

$2,526

/mo nomad

Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monthly Cost of Living

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

A single person spends $2,526 per month in New Westminster vs $1,338 in Caracas, rent included.

New Westminster $2,526
Caracas $1,338

A couple spends around $3,900 per month in New Westminster vs $2,238 in Caracas, rent included.

New Westminster $3,900
Caracas $2,238

A family of three spends $5,273 per month in New Westminster vs $3,138 in Caracas, rent included.

New Westminster $5,273
Caracas $3,138

New Westminster costs about 89% more than Caracas, and outside of rent the biggest gap is in eating out.

New Westminster sits 87% above the global median, while Caracas is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$19.28 CA$27.41

$10.82 VES 9,477

78.19%

Three-Course Dinner for Two, Mid-Range

$49.65 CA$70.6

$67.1 VES 58.8K

-26.04%

Fast Food Meal (McDonalds, etc)

$10.12 CA$14.39

$10.83 VES 9,483

-6.56%

Cappuccino

$3.47 CA$4.93

$3.71 VES 3,250

-6.47%

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

$1.85 CA$2.63

$1.57 VES 1,377

17.83%

Water (0.33 liter bottle)

$1.55 CA$2.20

$1.31 VES 1,145

18.32%

Local Beer (0.5 liter draught)

$5.77 CA$8.21

$1.97 VES 1,726

192.89%

Imported Beer (0.33 liter bottle)

$5.63 CA$8.00

$3.06 VES 2,683

83.99%

Milk (1 liter)

$1.76 CA$2.50

$2.69 VES 2,359

-34.57%

White Bread (500g)

$2.34 CA$3.32

$2.24 VES 1,962

4.46%

Rice (white) (1kg)

$3.45 CA$4.90

$1.90 VES 1,664

81.58%

Eggs

$3.01 CA$4.28

$4.76 VES 4,170

-36.76%

Local Cheese (1kg)

$10.80 CA$15.35

$10.24 VES 8,965

5.47%

Chicken Fillets (1kg)

$15.33 CA$21.80

$9.35 VES 8,186

63.96%

Beef Round Steak (1kg)

$26.67 CA$37.92

$11.49 VES 10.1K

132.11%

Apples (1kg)

$3.77 CA$5.37

$7.28 VES 6,372

-48.21%

Banana (1kg)

$1.48 CA$2.10

$2.06 VES 1,800

-28.16%

Oranges (1kg)

$3.60 CA$5.12

$2.16 VES 1,888

66.67%

Tomato (1kg)

$3.66 CA$5.20

$2.27 VES 1,991

61.23%

Potato (1kg)

$2.33 CA$3.32

$2.27 VES 1,985

2.64%

Onion (1kg)

$2.21 CA$3.15

$2.16 VES 1,896

2.31%

Lettuce (1 head)

$2.33 CA$3.31

$1.64 VES 1,434

42.07%

Water (1.5 liter bottle)

$1.80 CA$2.57

$2.36 VES 2,067

-23.73%

Cigarettes 20 Pack (Marlboro, Camel)

$15.33 CA$21.80

$4.68 VES 4,100

227.56%

Wine (Bottle)

$10.63 CA$15.12

$11.92 VES 10.4K

-10.82%

Local Beer (0.5 liter bottle)

$2.02 CA$2.87

$1.43 VES 1,249

41.26%

Imported Beer (0.33 liter bottle)

$2.72 CA$3.87

$2.05 VES 1,795

32.68%

One-way Ticket (Public Transport)

$2.52 CA$3.58

$0.52 VES 458

384.62%

Public Transport Monthly Pass (Regular Price)

$90.3 CA$128

$30.37 VES 26.6K

197.23%

Taxi Start (Normal Tariff)

$2.05 CA$2.91

$4.92 VES 4,306

-58.33%

Taxi (Normal Tariff) (1km)

$1.72 CA$2.44

$2.81 VES 2,458

-38.79%

Taxi 1hour Waiting (Normal Tariff)

$22.76 CA$32.35

$14.91 VES 13.1K

52.65%

Gasoline (1 liter)

$1.26 CA$1.79

$0.88 VES 767

43.18%

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

$23.9K CA$33.9K

$24.8K VES 21.7M

-3.86%

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

$19.0K CA$27.0K

$38.1K VES 33.4M

-50.20%

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

$139 CA$197

$21.49 VES 18.8K

545.51%

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

$42.09 CA$59.9

$11.73 VES 10.3K

258.82%

Internet (50+ Mbps, Unlimited Data)

$63.0 CA$89.6

$38.50 VES 33.7K

63.64%

Gym Membership (Monthly)

$32.42 CA$46.09

$65.8 VES 57.6K

-50.73%

Tennis Court (1 Hour on Weekend)

$17.27 CA$24.55

$17.81 VES 15.6K

-3.03%

Cinema Ticket

$11.94 CA$16.97

$6.35 VES 5,559

88.03%

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

$758 CA$1,078

$157 VES 137.7K

382.31%

International Primary School, 1 Child (Yearly)

$8,536 CA$12.1K

$6,098 VES 5.3M

39.99%

Jeans (Levis 501 Or Similar)

$52.3 CA$74.3

$81.0 VES 71.0K

-35.49%

Summer Dress (H&M, Zara, etc)

$41.77 CA$59.4

$50.1 VES 43.9K

-16.66%

Sport Shoes (Adidas, Nike)

$77.5 CA$110

$133 VES 116.7K

-41.83%

Men's Leather Business Shoes

$96.6 CA$137

$134 VES 117.4K

-27.93%

1-bedroom Apartment, City Center (Monthly)

$1,548 CA$2,201

$608 VES 532.8K

154.40%

1-bedroom Apartment, Outside City Center (Monthly)

$1,319 CA$1,876

$428 VES 374.9K

208.11%

3-bedroom Apartment, City Center (Monthly)

$2,841 CA$4,039

$1,113 VES 974.9K

155.20%

3-bedroom Apartment, Outside City Center (Monthly)

$2,620 CA$3,725

$872 VES 763.7K

200.43%

Buy Apartment in City Center (m2)

$4,810 CA$6,839

$1,462 VES 1.3M

228.92%

Buy Apartment Outside City Center (m2)

$4,025 CA$5,723

$670 VES 586.4K

501.13%

Average Monthly Net Salary (After Tax)

$2,989 CA$4,250

$303 VES 264.9K

888.09%

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 New Westminster: October 11, 2026

Last update for Caracas: October 12, 2026

Monthly budget structure

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

Accommodation & Living

New Westminster

$1.3K 52.2%

Caracas

$428 32% 67.5% $891

Groceries & Markets

New Westminster

$396 15.7%

Caracas

$338 25.2% 14.6% $58

Eating Out

New Westminster

$280 11.1%

Caracas

$191 14.3% 31.7% $89

Monthly Utilities & Internet

New Westminster

$244 9.7%

Caracas

$72 5.4% 70.6% $172

Clothing & Footwear

New Westminster

$121 4.8%

Caracas

$179 13.4% 48.6% $59

Getting Around

New Westminster

$111 4.4%

Caracas

$51 3.8% 53.7% $60

Sport & Entertainment

New Westminster

$56 2.2%

Caracas

$79 5.9% 39.5% $22

Cost Breakdown

A central one-bedroom costs $1,548 in New Westminster 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 888% higher in New Westminster, 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 $50.0 in New Westminster versus $67.0 in Caracas. Groceries tell a different story – $396 in New Westminster vs $338 in Caracas – so Caracas wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 New Westminster

🇻🇪 Caracas

🕒 Local time

15:33 3:33 PM

18:33 6:33 PM

3 h ahead of New Westminster

🌤 Weather

👥 Population

58,000

3,274,000 Capital

💱 Currency

Canadian Dollar CAD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 CAD = 0.703 USD

1 CAD = 0.628 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 14, 2026: 1 USD = 1.42 CAD (1 CAD = 0.703 USD). 1 EUR = 1.59 CAD (1 CAD = 0.628 EUR).

Venezuelan Bolívar exchange rates as of October 14, 2026: 1 USD = 876 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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Between locations

New Westminster Caracas 6,690 km ≈ 9 h nonstop flight

From you

New Westminster
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

New Westminster vs Caracas: Cost of Living - Frequently Asked Questions

Yes – New Westminster is pricier by about 89%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,790 per month in New Westminster 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.

Public transport costs about 197% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $758 per month in New Westminster 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 New Westminster at $2,526. In Caracas it covers expenses comfortably, while in New Westminster 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, New Westminster makes more sense. Both are solid long-term options with distinct trade-offs.