Last update: Oct 2026

Cost of Living Comparison Between Orem, UT and Caracas

For one person, living is cheaper in Caracas: $1,379 a month against $2,487 in Orem, UT, rent and utilities included – about $13,300 less a year. Rent and utilities account for most of the difference.

119

Cost of Living Index in Orem, UT
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Orem, UT Living Index
65

Cost of Living Index in Caracas
Learn more

Caracas Living Index

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Orem, UT

🇺🇸 United States

$2,487

/mo nomad

Caracas

🇻🇪 Venezuela

$1,379

/mo nomad

Monthly Cost of Living

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

A single person spends $2,487 per month in Orem, UT vs $1,379 in Caracas, rent included.

Orem, UT $2,487
Caracas $1,379

A couple spends around $3,371 per month in Orem, UT vs $2,304 in Caracas, rent included.

Orem, UT $3,371
Caracas $2,304

A family of three spends $4,254 per month in Orem, UT vs $3,229 in Caracas, rent included.

Orem, UT $4,254
Caracas $3,229

Orem, UT costs about 80% more than Caracas, and outside of rent the biggest gap is in eating out.

Both Orem, UT and Caracas sit above the global median – Orem, UT by 84%, Caracas by 2%.

Meal at Budget Restaurant

$14.87 $14.87

$10.91 VES 9,741

36.30%

Three-Course Dinner for Two, Mid-Range

$59.7 $59.7

$66.3 VES 59.2K

-10.03%

Fast Food Meal (McDonalds, etc)

$11.05 $11.05

$11.16 VES 9,966

-0.99%

Cappuccino

$4.44 $4.44

$3.66 VES 3,271

21.31%

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

$1.78 $1.78

$1.51 VES 1,346

17.88%

Water (0.33 liter bottle)

$1.48 $1.48

$1.28 VES 1,144

15.62%

Local Beer (0.5 liter draught)

$6.09 $6.09

$1.96 VES 1,753

210.71%

Imported Beer (0.33 liter bottle)

$7.12 $7.12

$3.08 VES 2,751

131.17%

Milk (1 liter)

$1.02 $1.02

$2.77 VES 2,469

-63.18%

White Bread (500g)

$3.13 $3.13

$2.21 VES 1,970

41.63%

Rice (white) (1kg)

$2.44 $2.44

$1.89 VES 1,688

29.10%

Eggs

$2.97 $2.97

$4.84 VES 4,322

-38.64%

Local Cheese (1kg)

$14.05 $14.05

$10.11 VES 9,026

38.97%

Chicken Fillets (1kg)

$13.07 $13.07

$9.04 VES 8,072

44.58%

Beef Round Steak (1kg)

$19.44 $19.44

$11.30 VES 10.1K

72.04%

Apples (1kg)

$2.78 $2.78

$7.33 VES 6,544

-62.07%

Banana (1kg)

$1.66 $1.66

$2.07 VES 1,845

-19.81%

Oranges (1kg)

$2.48 $2.48

$2.12 VES 1,891

16.98%

Tomato (1kg)

$4.47 $4.47

$2.35 VES 2,095

90.21%

Potato (1kg)

$2.24 VES 1,999

Onion (1kg)

$1.29 $1.29

$2.12 VES 1,896

-39.15%

Lettuce (1 head)

$1.73 $1.73

$1.56 VES 1,396

10.90%

Water (1.5 liter bottle)

$1.92 $1.92

$2.30 VES 2,053

-16.52%

Cigarettes 20 Pack (Marlboro, Camel)

$9.73 $9.73

$4.65 VES 4,154

109.25%

Wine (Bottle)

$15.04 $15.04

$11.96 VES 10.7K

25.75%

Local Beer (0.5 liter bottle)

$2.19 $2.19

$1.42 VES 1,269

54.23%

Imported Beer (0.33 liter bottle)

$2.96 $2.96

$2.06 VES 1,841

43.69%

One-way Ticket (Public Transport)

$2.53 $2.53

$0.43 VES 383

488.37%

Public Transport Monthly Pass (Regular Price)

$84.5 $84.5

$29.70 VES 26.5K

184.58%

Taxi Start (Normal Tariff)

$1.48 $1.48

$4.98 VES 4,445

-70.28%

Taxi (Normal Tariff) (1km)

$0.96 $0.96

$2.83 VES 2,522

-66.08%

Taxi 1hour Waiting (Normal Tariff)

$20.03 $20.03

$15.29 VES 13.6K

31.00%

Gasoline (1 liter)

$1.11 $1.11

$0.82 VES 735

35.37%

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

$25.2K $25.2K

$24.7K VES 22.1M

1.96%

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

$26.5K $26.5K

$38.7K VES 34.5M

-31.59%

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

$166 $166

$21.98 VES 19.6K

657.28%

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

$43.98 $43.98

$11.88 VES 10.6K

270.20%

Internet (50+ Mbps, Unlimited Data)

$60.5 $60.5

$38.70 VES 34.5K

56.25%

Gym Membership (Monthly)

$22.40 $22.40

$66.8 VES 59.6K

-66.45%

Tennis Court (1 Hour on Weekend)

$17.64 VES 15.7K

Cinema Ticket

$15.08 $15.08

$6.44 VES 5,744

134.16%

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

$786 $786

$160 VES 142.5K

392.35%

International Primary School, 1 Child (Yearly)

$12.9K $12.9K

$6,063 VES 5.4M

112.55%

Jeans (Levis 501 Or Similar)

$52.9 $52.9

$82.4 VES 73.5K

-35.80%

Summer Dress (H&M, Zara, etc)

$40.64 $40.64

$51.9 VES 46.3K

-21.65%

Sport Shoes (Adidas, Nike)

$85.8 $85.8

$135 VES 120.6K

-36.52%

Men's Leather Business Shoes

$132 $132

$134 VES 120.0K

-1.61%

1-bedroom Apartment, City Center (Monthly)

$1,638 $1,638

$654 VES 583.7K

150.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,295 $1,295

$467 VES 416.8K

177.31%

3-bedroom Apartment, City Center (Monthly)

$2,203 $2,203

$1,182 VES 1.1M

86.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,659 $1,659

$964 VES 860.9K

72.01%

Buy Apartment in City Center (m2)

$2,636 $2,636

$1,488 VES 1.3M

77.13%

Buy Apartment Outside City Center (m2)

$2,195 $2,195

$689 VES 615.2K

218.51%

Average Monthly Net Salary (After Tax)

$3,693 $3,693

$309 VES 276.2K

1093.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.83

-68.95%

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

Last update for Orem, UT: October 31, 2026

Last update for Caracas: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Orem, UT

$1.3K 52.1%

Caracas

$467 33.9% 63.9% $828

Groceries & Markets

Orem, UT

$365 * 14.7%

Caracas

$335 24.3% 8% $29

Monthly Utilities & Internet

Orem, UT

$271 10.9%

Caracas

$73 5.3% 73.2% $198

Eating Out

Orem, UT

$263 10.6%

Caracas

$192 13.9% 27% $71

Clothing & Footwear

Orem, UT

$140 5.6%

Caracas

$182 13.2% 29.6% $42

Getting Around

Orem, UT

$101 4.1%

Caracas

$51 3.7% 49.9% $50

Sport & Entertainment

Orem, UT

$53 2.1%

Caracas

$80 5.8% 51.5% $27

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

Cost Breakdown

A central one-bedroom costs $1,638 in Orem, UT 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 Orem, UT are about 12 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $60 in Orem, UT versus $66 in Caracas. Groceries tell a different story – $365 in Orem, UT vs $335 in Caracas – so Caracas wins on supermarket bills even if dining out costs more.

Good to know

🇺🇸 Orem, UT

🇻🇪 Caracas

🕒 Local time

20:01 8:01 PM

23:01 11:01 PM

3 h ahead of Orem, UT

🌤 Weather

👥 Population

98,129

3,274,000 Capital

💱 Currency

United States Dollar USD $

Venezuelan Bolívar VES Bs.S

📈 Exchange rate

1 USD = 0.891 EUR

10,000 VES = 11.2 USD

10,000 VES = 9.98 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 6, 2026: 1 EUR = 1.12 USD (1 USD = 0.891 EUR).

Venezuelan Bolívar exchange rates as of November 6, 2026: 1 USD = 893 VES (1,000 VES = 1.12 USD). 1 EUR = 1,002 VES (10,000 VES = 9.98 EUR).

VES to USD in detail →

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Between locations

Orem, UT Caracas 5,500 km ≈ 7 h nonstop flight

From you

Orem, UT
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

Orem, UT vs Caracas: Cost of Living - Frequently Asked Questions

Yes – Orem, UT is pricier by about 80%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,731 per month in Orem, UT 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 $1,638 in Orem, UT.

Public transport costs about 65% less in Caracas. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $786 per month in Orem, UT 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, Orem, UT makes more sense. Both are solid long-term options with distinct trade-offs.