Last update: Oct 2026

Cost of Living Comparison Between Newport Beach, CA and Caracas

For one person, living is cheaper in Caracas: $1,338 a month against $5,162 in Newport Beach, CA, rent and utilities included – about $45,900 less a year. Rent and utilities account for most of the difference.

251

Cost of Living Index in Newport Beach, CA
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Newport Beach, CA Living Index
65

Cost of Living Index in Caracas
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Caracas Living Index

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Newport Beach, CA

🇺🇸 United States

$5,162

/mo nomad

Caracas

🇻🇪 Venezuela

$1,338

/mo nomad

Monthly Cost of Living

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

A single person spends $5,162 per month in Newport Beach, CA vs $1,338 in Caracas, rent included.

Newport Beach, CA $5,162
Caracas $1,338

A couple spends around $7,336 per month in Newport Beach, CA vs $2,238 in Caracas, rent included.

Newport Beach, CA $7,336
Caracas $2,238

A family of three spends $9,509 per month in Newport Beach, CA vs $3,138 in Caracas, rent included.

Newport Beach, CA $9,509
Caracas $3,138

Newport Beach, CA costs about 286% more than Caracas, and outside of rent the biggest gap is in eating out.

Newport Beach, CA sits 282% above the global median, while Caracas is 1% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$25.34 $25.34

$10.82 VES 9,501

134.20%

Three-Course Dinner for Two, Mid-Range

$101 $101

$67.1 VES 58.9K

50.81%

Fast Food Meal (McDonalds, etc)

$14.86 $14.86

$10.83 VES 9,507

37.21%

Cappuccino

$5.79 $5.79

$3.71 VES 3,258

56.06%

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

$3.04 $3.04

$1.57 VES 1,380

93.63%

Water (0.33 liter bottle)

$2.45 $2.45

$1.31 VES 1,148

87.02%

Local Beer (0.5 liter draught)

$7.06 $7.06

$1.97 VES 1,730

258.38%

Imported Beer (0.33 liter bottle)

$9.44 $9.44

$3.06 VES 2,690

208.50%

Milk (1 liter)

$1.22 $1.22

$2.69 VES 2,364

-54.65%

White Bread (500g)

$5.74 $5.74

$2.24 VES 1,967

156.25%

Rice (white) (1kg)

$4.22 $4.22

$1.90 VES 1,668

122.11%

Eggs

$5.27 $5.27

$4.76 VES 4,181

10.71%

Local Cheese (1kg)

$12.68 $12.68

$10.24 VES 8,987

23.83%

Chicken Fillets (1kg)

$9.04 $9.04

$9.35 VES 8,207

-3.32%

Beef Round Steak (1kg)

$14.16 $14.16

$11.49 VES 10.1K

23.24%

Apples (1kg)

$4.81 $4.81

$7.28 VES 6,388

-33.93%

Banana (1kg)

$1.72 $1.72

$2.06 VES 1,805

-16.50%

Oranges (1kg)

$4.08 $4.08

$2.16 VES 1,893

88.89%

Tomato (1kg)

$5.45 $5.45

$2.27 VES 1,996

140.09%

Potato (1kg)

$3.65 $3.65

$2.27 VES 1,990

60.79%

Onion (1kg)

$3.07 $3.07

$2.16 VES 1,901

42.13%

Lettuce (1 head)

$2.14 $2.14

$1.64 VES 1,438

30.49%

Water (1.5 liter bottle)

$2.26 $2.26

$2.36 VES 2,072

-4.24%

Cigarettes 20 Pack (Marlboro, Camel)

$11.59 $11.59

$4.68 VES 4,110

147.65%

Wine (Bottle)

$15.11 $15.11

$11.92 VES 10.5K

26.76%

Local Beer (0.5 liter bottle)

$1.76 $1.76

$1.43 VES 1,252

23.08%

Imported Beer (0.33 liter bottle)

$3.10 $3.10

$2.05 VES 1,799

51.22%

One-way Ticket (Public Transport)

$0.52 VES 459

Public Transport Monthly Pass (Regular Price)

$30.37 VES 26.7K

Taxi Start (Normal Tariff)

$4.56 $4.56

$4.92 VES 4,317

-7.32%

Taxi (Normal Tariff) (1km)

$1.85 $1.85

$2.81 VES 2,464

-34.16%

Taxi 1hour Waiting (Normal Tariff)

$36.59 $36.59

$14.91 VES 13.1K

145.41%

Gasoline (1 liter)

$1.47 $1.47

$0.88 VES 769

67.05%

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

$37.2K $37.2K

$24.8K VES 21.8M

49.74%

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

$26.1K $26.1K

$38.1K VES 33.5M

-31.54%

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

$216 $216

$21.49 VES 18.9K

905.82%

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

$80.0 $80.0

$11.73 VES 10.3K

581.76%

Internet (50+ Mbps, Unlimited Data)

$71.3 $71.3

$38.50 VES 33.8K

85.19%

Gym Membership (Monthly)

$116 $116

$65.8 VES 57.8K

76.87%

Tennis Court (1 Hour on Weekend)

$27.65 $27.65

$17.81 VES 15.6K

55.25%

Cinema Ticket

$20.16 $20.16

$6.35 VES 5,573

217.48%

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

$1,756 $1,756

$157 VES 138.0K

1016.53%

International Primary School, 1 Child (Yearly)

$36.2K $36.2K

$6,098 VES 5.4M

493.56%

Jeans (Levis 501 Or Similar)

$62.7 $62.7

$81.0 VES 71.1K

-22.62%

Summer Dress (H&M, Zara, etc)

$41.05 $41.05

$50.1 VES 44.0K

-18.10%

Sport Shoes (Adidas, Nike)

$78.4 $78.4

$133 VES 117.0K

-41.19%

Men's Leather Business Shoes

$102 $102

$134 VES 117.7K

-23.68%

1-bedroom Apartment, City Center (Monthly)

$4,355 $4,355

$608 VES 534.1K

615.79%

1-bedroom Apartment, Outside City Center (Monthly)

$3,694 $3,694

$428 VES 375.9K

762.77%

3-bedroom Apartment, City Center (Monthly)

$7,177 $7,177

$1,113 VES 977.4K

544.64%

3-bedroom Apartment, Outside City Center (Monthly)

$6,170 $6,170

$872 VES 765.6K

607.45%

Buy Apartment in City Center (m2)

$16.0K $16.0K

$1,462 VES 1.3M

995.41%

Buy Apartment Outside City Center (m2)

$16.0K $16.0K

$670 VES 587.9K

2286.13%

Average Monthly Net Salary (After Tax)

$6,204 $6,204

$303 VES 265.6K

1950.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.45

-70.68%

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

Last update for Newport Beach, CA: October 10, 2026

Last update for Caracas: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Newport Beach, CA

$3.7K 71.6%

Caracas

$428 32% 88.4% $3.3K

Groceries & Markets

Newport Beach, CA

$409 7.9%

Caracas

$338 25.2% 17.5% $72

Eating Out

Newport Beach, CA

$393 7.6%

Caracas

$191 14.3% 51.4% $202

Monthly Utilities & Internet

Newport Beach, CA

$367 7.1%

Caracas

$72 5.4% 80.5% $296

Sport & Entertainment

Newport Beach, CA

$157 3%

Caracas

$79 5.9% 49.9% $78

Clothing & Footwear

Newport Beach, CA

$128 2.5%

Caracas

$179 13.4% 40.1% $51

Getting Around

Newport Beach, CA

$14 * 0.3%

Caracas

$51 3.8% 273% $38

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

Cost Breakdown

A central one-bedroom costs $4,355 in Newport Beach, 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 1951% higher in Newport Beach, 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 $101 in Newport Beach, CA versus $67.0 in Caracas. Monthly groceries follow the same trend: $409 vs $338 – making Caracas the more affordable choice for daily food spending.

Good to know

🇺🇸 Newport Beach, CA

🇻🇪 Caracas

🕒 Local time

09:44 9:44 AM

12:44 12:44 PM

3 h ahead of Newport Beach, CA

🌤 Weather

👥 Population

85,186

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 →

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Between locations

Newport Beach, CA Caracas 5,780 km ≈ 8 h nonstop flight

From you

Newport Beach, 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

Newport Beach, CA vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Newport Beach, CA is pricier by about 286%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $7,743 per month in Newport Beach, 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 $5,162 in Newport Beach, CA and $1,338 in Caracas. That's a gap of about 286%.

Kindergarten costs $1,756 per month in Newport Beach, 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 Newport Beach, CA at $5,162. In Caracas it covers expenses comfortably, while in Newport Beach, 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, Newport Beach, CA makes more sense. Both are solid long-term options with distinct trade-offs.