Last update: Nov 2026

Cost of Living Comparison Between New York, NY and Caracas

For one person, living is cheaper in Caracas: $1,379 a month against $4,906 in New York, NY, rent and utilities included – about $42,300 less a year. Rent and utilities account for most of the difference.

234

Cost of Living Index in New York, NY
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New York, NY Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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New York, NY

🇺🇸 United States

$4,906

/mo nomad

Caracas

🇻🇪 Venezuela

$1,379

/mo nomad

Monthly Cost of Living

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

A single person spends $4,906 per month in New York, NY vs $1,379 in Caracas, rent included.

New York, NY $4,906
Caracas $1,379

A couple spends around $7,273 per month in New York, NY vs $2,304 in Caracas, rent included.

New York, NY $7,273
Caracas $2,304

A family of three spends $9,641 per month in New York, NY vs $3,229 in Caracas, rent included.

New York, NY $9,641
Caracas $3,229

New York, NY costs about 256% more than Caracas, and outside of rent the biggest gap is in eating out.

Both New York, NY and Caracas sit above the global median – New York, NY by 263%, Caracas by 2%.

Meal at Budget Restaurant

$26.93 $26.93

$10.91 VES 9,741

146.84%

Three-Course Dinner for Two, Mid-Range

$117 $117

$66.3 VES 59.2K

76.13%

Fast Food Meal (McDonalds, etc)

$14.60 $14.60

$11.16 VES 9,966

30.82%

Cappuccino

$6.54 $6.54

$3.66 VES 3,271

78.69%

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

$3.86 $3.86

$1.51 VES 1,346

155.63%

Water (0.33 liter bottle)

$2.95 $2.95

$1.28 VES 1,144

130.47%

Local Beer (0.5 liter draught)

$8.08 $8.08

$1.96 VES 1,753

312.24%

Imported Beer (0.33 liter bottle)

$9.85 $9.85

$3.08 VES 2,751

219.81%

Milk (1 liter)

$1.31 $1.31

$2.77 VES 2,469

-52.71%

White Bread (500g)

$4.97 $4.97

$2.21 VES 1,970

124.89%

Rice (white) (1kg)

$7.70 $7.70

$1.89 VES 1,688

307.41%

Eggs

$6.09 $6.09

$4.84 VES 4,322

25.83%

Local Cheese (1kg)

$19.55 $19.55

$10.11 VES 9,026

93.37%

Chicken Fillets (1kg)

$17.59 $17.59

$9.04 VES 8,072

94.58%

Beef Round Steak (1kg)

$20.26 $20.26

$11.30 VES 10.1K

79.29%

Apples (1kg)

$6.99 $6.99

$7.33 VES 6,544

-4.64%

Banana (1kg)

$2.21 $2.21

$2.07 VES 1,845

6.76%

Oranges (1kg)

$6.72 $6.72

$2.12 VES 1,891

216.98%

Tomato (1kg)

$7.12 $7.12

$2.35 VES 2,095

202.98%

Potato (1kg)

$4.61 $4.61

$2.24 VES 1,999

105.80%

Onion (1kg)

$4.78 $4.78

$2.12 VES 1,896

125.47%

Lettuce (1 head)

$2.87 $2.87

$1.56 VES 1,396

83.97%

Water (1.5 liter bottle)

$2.69 $2.69

$2.30 VES 2,053

16.96%

Cigarettes 20 Pack (Marlboro, Camel)

$19.14 $19.14

$4.65 VES 4,154

311.61%

Wine (Bottle)

$19.63 $19.63

$11.96 VES 10.7K

64.13%

Local Beer (0.5 liter bottle)

$3.32 $3.32

$1.42 VES 1,269

133.80%

Imported Beer (0.33 liter bottle)

$4.19 $4.19

$2.06 VES 1,841

103.40%

One-way Ticket (Public Transport)

$3.02 $3.02

$0.43 VES 383

602.33%

Public Transport Monthly Pass (Regular Price)

$139 $139

$29.70 VES 26.5K

369.12%

Taxi Start (Normal Tariff)

$3.04 $3.04

$4.98 VES 4,445

-38.96%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

$2.83 VES 2,522

-22.26%

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$15.29 VES 13.6K

170.31%

Gasoline (1 liter)

$1.13 $1.13

$0.82 VES 735

37.80%

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

$34.5K $34.5K

$24.7K VES 22.1M

39.41%

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

$25.8K $25.8K

$38.7K VES 34.5M

-33.17%

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

$232 $232

$21.98 VES 19.6K

957.10%

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

$71.0 $71.0

$11.88 VES 10.6K

497.90%

Internet (50+ Mbps, Unlimited Data)

$67.7 $67.7

$38.70 VES 34.5K

74.81%

Gym Membership (Monthly)

$115 $115

$66.8 VES 59.6K

72.79%

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

$17.64 VES 15.7K

335.43%

Cinema Ticket

$22.41 $22.41

$6.44 VES 5,744

247.98%

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

$3,606 $3,606

$160 VES 142.5K

2158.43%

International Primary School, 1 Child (Yearly)

$68.7K $68.7K

$6,063 VES 5.4M

1033.01%

Jeans (Levis 501 Or Similar)

$79.3 $79.3

$82.4 VES 73.5K

-3.79%

Summer Dress (H&M, Zara, etc)

$51.4 $51.4

$51.9 VES 46.3K

-0.91%

Sport Shoes (Adidas, Nike)

$121 $121

$135 VES 120.6K

-10.38%

Men's Leather Business Shoes

$140 $140

$134 VES 120.0K

4.44%

1-bedroom Apartment, City Center (Monthly)

$4,555 $4,555

$654 VES 583.7K

596.57%

1-bedroom Apartment, Outside City Center (Monthly)

$3,040 $3,040

$467 VES 416.8K

551.04%

3-bedroom Apartment, City Center (Monthly)

$9,742 $9,742

$1,182 VES 1.1M

724.10%

3-bedroom Apartment, Outside City Center (Monthly)

$5,331 $5,331

$964 VES 860.9K

452.75%

Buy Apartment in City Center (m2)

$18.2K $18.2K

$1,488 VES 1.3M

1124.53%

Buy Apartment Outside City Center (m2)

$6,685 $6,685

$689 VES 615.2K

870.03%

Average Monthly Net Salary (After Tax)

$5,096 $5,096

$309 VES 276.2K

1547.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.89

-68.68%

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

Last update for New York, NY: November 1, 2026

Last update for Caracas: November 1, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3K 62%

Caracas

$467 33.9% 84.6% $2.6K

Groceries & Markets

New York, NY

$567 11.6%

Caracas

$335 24.3% 40.9% $232

Eating Out

New York, NY

$425 8.7%

Caracas

$192 13.9% 54.9% $233

Monthly Utilities & Internet

New York, NY

$371 7.6%

Caracas

$73 5.3% 80.4% $298

Clothing & Footwear

New York, NY

$176 3.6%

Caracas

$182 13.2% 3% $5.2

Getting Around

New York, NY

$165 3.4%

Caracas

$51 3.7% 69.5% $115

Sport & Entertainment

New York, NY

$160 3.3%

Caracas

$80 5.8% 50.3% $81

Cost Breakdown

A central one-bedroom costs $4,555 in New York, NY versus $654 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 in New York, NY are about 16 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $117 in New York, NY versus $66 in Caracas. Monthly groceries follow the same trend: $567 vs $335 – making Caracas the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇻🇪 Caracas

🕒 Local time

19:23 7:23 PM

20:23 8:23 PM

1 h ahead of New York, NY

🌤 Weather

👥 Population

8,804,190

3,274,000 Capital

💱 Currency

United States Dollar USD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 USD = 0.895 EUR

1,000 VES = 1.12 USD

1,000 VES = 1 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 November 7, 2026: 1 EUR = 1.12 USD (1 USD = 0.895 EUR).

Venezuelan Bolívar exchange rates as of November 7, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 998 VES (1,000 VES = 1 EUR).

VES to USD in detail →

On the map

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Between locations

New York, NY Caracas 3,430 km ≈ 4 h 45 min nonstop flight

From you

New York, NY
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 York, NY vs Caracas: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 256%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $7,358 per month in New York, NY and $2,068 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: a one-bedroom in the center costs $654 there versus $4,555 in New York, NY.

Public transport costs about 79% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $3,606 per month in New York, NY and $160 in Caracas. For families with young kids, this one expense can tip the scales when choosing between the two cities.

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.

If budget matters most, go with Caracas. If higher salaries or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.