Last update: Oct 2026

Cost of Living Comparison Between Puerto Penasco and Caracas

For one person, living is cheaper in Puerto Penasco: $1,216 a month against $1,312 in Caracas, rent and utilities included – about $1,200 less a year. The total is higher in Caracas despite lower rent and utilities.

Puerto Penasco
🇲🇽 Mexico
$1,216
/mo nomad
Caracas
🇻🇪 Venezuela
$1,312
/mo nomad
Monthly Cost of Living

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

A single person spends $1,216 per month in Puerto Penasco vs $1,312 in Caracas, rent included.

  • Puerto Penasco $1,216
  • Caracas $1,312

A couple spends around $1,963 per month in Puerto Penasco vs $2,236 in Caracas, rent included.

  • Puerto Penasco $1,963
  • Caracas $2,236

A family of three spends $2,710 per month in Puerto Penasco vs $3,160 in Caracas, rent included.

  • Puerto Penasco $2,710
  • Caracas $3,160

Puerto Penasco is about 7% cheaper than Caracas, and outside of rent the biggest gap is in clothing.

Both Puerto Penasco and Caracas are more affordable than the global median – Puerto Penasco 9% lower, Caracas 2% lower.

Currency
🍽 Eating Out
Puerto Penasco
Caracas
Difference
Meal at Budget Restaurant
$12.20 MX$224
$10.63 VES 9,293
14.77%
Three-Course Dinner for Two, Mid-Range
$44.66 MX$820
$68.2 VES 59.6K
-34.50%
Fast Food Meal (McDonalds, etc)
$8.56 MX$157
$10.99 VES 9,611
-22.11%
Cappuccino
$4.83 MX$88.7
$3.73 VES 3,266
29.49%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.40 MX$25.67
$1.54 VES 1,349
-9.09%
Water (0.33 liter bottle)
$1.05 MX$19.32
$1.28 VES 1,122
-17.97%
Local Beer (0.5 liter draught)
$2.67 MX$49.05
$2.05 VES 1,796
30.24%
Imported Beer (0.33 liter bottle)
$3.95 MX$72.6
$2.91 VES 2,546
35.74%
🛒 Groceries & Markets
Puerto Penasco
Caracas
Difference
Milk (1 liter)
$1.60 MX$29.32
$2.76 VES 2,413
-42.03%
White Bread (500g)
$3.05 MX$55.9
$2.32 VES 2,030
31.47%
Rice (white) (1kg)
$1.68 MX$30.92
$1.89 VES 1,655
-11.11%
Eggs
$2.99 MX$54.8
$4.82 VES 4,219
-37.97%
Local Cheese (1kg)
$4.88 MX$89.7
$10.18 VES 8,900
-52.06%
Chicken Fillets (1kg)
$10.75 MX$197
$9.44 VES 8,260
13.88%
Beef Round Steak (1kg)
$9.68 MX$178
$11.51 VES 10.1K
-15.90%
Apples (1kg)
$4.47 MX$82.1
$7.23 VES 6,322
-38.17%
Banana (1kg)
$1.91 MX$35.06
$1.96 VES 1,713
-2.55%
Oranges (1kg)
$3.15 MX$57.8
$2.13 VES 1,864
47.89%
Tomato (1kg)
$2.11 MX$38.80
$2.37 VES 2,070
-10.97%
Potato (1kg)
$1.95 MX$35.88
$2.24 VES 1,956
-12.95%
Onion (1kg)
$2.02 MX$37.14
$2.24 VES 1,957
-9.82%
Lettuce (1 head)
$1.46 MX$26.85
$1.61 VES 1,411
-9.32%
Water (1.5 liter bottle)
$1.59 MX$29.19
$2.41 VES 2,104
-34.02%
Cigarettes 20 Pack (Marlboro, Camel)
$4.48 MX$82.2
$4.57 VES 3,994
-1.97%
Wine (Bottle)
$13.70 MX$252
$12.02 VES 10.5K
13.98%
Local Beer (0.5 liter bottle)
$1.57 MX$28.91
$1.37 VES 1,196
14.60%
Imported Beer (0.33 liter bottle)
$1.56 MX$28.67
$2.17 VES 1,896
-28.11%
🚌 Getting Around
Puerto Penasco
Caracas
Difference
One-way Ticket (Public Transport)
$0.64 MX$11.71
$0.51 VES 449
25.49%
Public Transport Monthly Pass (Regular Price)
-
$29.63 VES 25.9K
-
Taxi Start (Normal Tariff)
$2.25 MX$41.40
$4.88 VES 4,271
-53.89%
Taxi (Normal Tariff) (1km)
$3.13 MX$57.5
$2.68 VES 2,346
16.79%
Taxi 1hour Waiting (Normal Tariff)
$11.22 MX$206
$15.17 VES 13.3K
-26.04%
Gasoline (1 liter)
$1.38 MX$25.27
$0.86 VES 754
60.47%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$21.3K MX$391.3K
$25.1K VES 22.0M
-15.25%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$24.4K MX$448.1K
$38.6K VES 33.8M
-36.84%
🧾 Monthly Utilities & Internet
Puerto Penasco
Caracas
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$71.5 MX$1,314
$22.07 VES 19.3K
224.15%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$12.60 MX$231
$11.81 VES 10.3K
6.69%
Internet (50+ Mbps, Unlimited Data)
$43.81 MX$804
$38.64 VES 33.8K
13.38%
🎉 Sport & Entertainment
Puerto Penasco
Caracas
Difference
Gym Membership (Monthly)
$33.41 MX$613
$66.8 VES 58.5K
-50.01%
Tennis Court (1 Hour on Weekend)
$20.26 MX$372
$17.23 VES 15.1K
17.59%
Cinema Ticket
$5.43 MX$99.6
$6.48 VES 5,666
-16.20%
🧸 Childcare & Education
Puerto Penasco
Caracas
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$226 MX$4,143
$159 VES 139.5K
41.50%
International Primary School, 1 Child (Yearly)
$4,696 MX$86.2K
$6,138 VES 5.4M
-23.50%
👕👟 Clothing & Footwear
Puerto Penasco
Caracas
Difference
Jeans (Levis 501 Or Similar)
$55.9 MX$1,026
$77.8 VES 68.0K
-28.18%
Summer Dress (H&M, Zara, etc)
$42.12 MX$773
$50.6 VES 44.2K
-16.71%
Sport Shoes (Adidas, Nike)
$100 MX$1,839
$136 VES 119.2K
-26.48%
Men's Leather Business Shoes
$90.6 MX$1,664
$136 VES 119.2K
-33.50%
🏠 Accommodation & Living
Puerto Penasco
Caracas
Difference
1-bedroom Apartment, City Center (Monthly)
$533 MX$9,787
$619 VES 541.0K
-13.82%
1-bedroom Apartment, Outside City Center (Monthly)
$387 MX$7,112
$418 VES 365.3K
-7.26%
3-bedroom Apartment, City Center (Monthly)
$958 MX$17.6K
$1,106 VES 966.9K
-13.37%
3-bedroom Apartment, Outside City Center (Monthly)
$764 MX$14.0K
$887 VES 775.5K
-13.78%
Buy Apartment in City Center (m2)
$1,873 MX$34.4K
$1,458 VES 1.3M
28.44%
Buy Apartment Outside City Center (m2)
$1,168 MX$21.4K
$690 VES 603.7K
69.18%
💵 Salaries & Financials
Puerto Penasco
Caracas
Difference
Average Monthly Net Salary (After Tax)
$596 MX$10.9K
$304 VES 265.6K
96.20%
20-Year Fixed Mortgage Interest Rate (Annual %)
10.55
22
-52.05%

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

Last update for Puerto Penasco: October 3, 2026

Last update for Caracas: October 3, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Puerto Penasco
$387
Caracas
$418 7.8% $30
Groceries & Markets
Puerto Penasco
$293
Caracas
$340 16.1% $47
Eating Out
Puerto Penasco
$212
Caracas
$190 10.4% $22
Clothing & Footwear
Puerto Penasco
$130
Caracas
$180 38.8% $50
Monthly Utilities & Internet
Puerto Penasco
$128
Caracas
$73 43.3% $55
Sport & Entertainment
Puerto Penasco
$44
Caracas
$80 80.2% $36
Getting Around
Puerto Penasco
$20 *
Caracas
$50 144% $30

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

Cost Breakdown

A central one-bedroom costs $533 in Puerto Penasco 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 96% higher in Puerto Penasco, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $45.00 in Puerto Penasco versus $68.0 in Caracas. Monthly groceries follow the same trend: $293 vs $340 – making Puerto Penasco the more affordable choice for daily food spending.

Good to know
🇲🇽 Puerto Penasco
🇻🇪 Caracas
🕒 Local time
22:54 10:54 PM
01:54 1:54 AM
3 h ahead of Puerto Penasco
🌤 Weather
👥 Population
56,756
3,274,000 Capital
💱 Currency
Exchange rates and currency converter

VES, USD, EUR to MXN – Mexican Peso Converter

Mexican Peso exchange rates as of October 10, 2026: 1 USD = 18.36 MXN (100 MXN = 5.45 USD). 1 EUR = 20.59 MXN (100 MXN = 4.86 EUR).

Venezuelan Bolívar exchange rates as of October 10, 2026: 1 USD = 875 VES (1,000 VES = 1.14 USD). 1 EUR = 981 VES (1,000 VES = 1.02 EUR).

On the map
Between locations
  • Puerto Penasco Caracas 5,320 km ≈ 7 h nonstop flight
From you
  • Puerto Penasco
  • 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
Puerto Penasco vs Caracas: Cost of Living - Frequently Asked Questions
Is Caracas cheaper than Puerto Penasco?
Yes – Caracas is pricier by about 8%, and outside of rent the gap shows up most in clothing.
What income do you need for each city?
For a comfortable life, plan on about $1,824 per month in Puerto Penasco and $1,968 in Caracas. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Puerto Penasco, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
What are total monthly expenses in Puerto Penasco and in Caracas?
Monthly expenses with rent come to $1,216 in Puerto Penasco and $1,312 in Caracas. That's a gap of about 8%.
Which city has cheaper kindergarten?
Kindergarten costs $226 per month in Puerto Penasco and $159 in Caracas. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Is $2,000 a realistic budget for living in Puerto Penasco or in Caracas?
A $2,000 monthly budget goes further in Puerto Penasco, where all-in costs run around $1,216, than in Caracas at $1,312. In Puerto Penasco it covers expenses comfortably, while in Caracas it requires careful planning or may not stretch far enough.
Is Puerto Penasco or Caracas more family-friendly?
Families tend to lean toward Puerto Penasco – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Puerto Penasco or Caracas?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Puerto Penasco. If higher salaries, better infrastructure, or specific career opportunities are the priority, Caracas makes more sense. Both are solid long-term options with distinct trade-offs.

Puerto Penasco vs other spots: cost of living compared

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