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Cost of Living in Isla de Margarita - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $684 (excluding rent), and $647 including rent.
Family of 3: Estimated monthly costs are $1,517 (excluding rent), and $1,802 including rent.
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🍽 Eating Out
Cost
Range
Meal at Budget Restaurant
$10.13 VES 3,489
-
Three-Course Dinner for Two, Mid-Range
$81.2 VES 28.0K
-
Cappuccino
$2.48 VES 854
-
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.01 VES 348
-
Water (0.33 liter bottle)
$1.52 VES 523
-
Local Beer (0.5 liter draught)
$0.99 VES 340
-
Imported Beer (0.33 liter bottle)
$3.02 VES 1,041
-
🛒 Groceries & Markets
Cost
Range
Milk (1 liter)
$1.99 VES 684
-
White Bread (500g)
$3.06 VES 1,053
-
Rice (white) (1kg)
$2.02 VES 695
-
Eggs
$2.44 VES 842
-
Local Cheese (1kg)
$8.15 VES 2,808
-
Chicken Fillets (1kg)
$7.96 VES 2,742
-
Beef Round Steak (1kg)
$7.81 VES 2,692
-
Apples (1kg)
$4.03 VES 1,388
-
Banana (1kg)
$1.52 VES 525
-
Oranges (1kg)
$2.05 VES 707
-
Tomato (1kg)
$2.47 VES 852
-
Potato (1kg)
$1.54 VES 530
-
Onion (1kg)
$1.85 VES 637
-
Lettuce (1 head)
$0.98 VES 339
-
Wine (Bottle)
$5.06 VES 1,742
-
Local Beer (0.5 liter bottle)
$0.98 VES 339
-
Imported Beer (0.33 liter bottle)
$1.54 VES 531
-
🚌 Getting Around
Cost
Range
Taxi Start (Normal Tariff)
$3.02 VES 1,039
-
Taxi (Normal Tariff) (1km)
$3.05 VES 1,051
-
🧾 Monthly Utilities & Internet
Cost
Range
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$29.50 VES 10.2K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$15.19 VES 5,232
-
Internet (50+ Mbps, Unlimited Data)
$40.51 VES 14.0K
-
🎉 Sport & Entertainment
Cost
Range
Gym Membership (Monthly)
$49.50 VES 17.1K
-
Tennis Court (1 Hour on Weekend)
$15.23 VES 5,246
-
Cinema Ticket
$4.96 VES 1,707
-
👕👟 Clothing & Footwear
Cost
Range
Jeans (Levis 501 Or Similar)
$79.4 VES 27.3K
-
Sport Shoes (Adidas, Nike)
$102 VES 35.0K
-
Men's Leather Business Shoes
$99.1 VES 34.2K
-
🏠 Accommodation & Living
Cost
Range
1-bedroom Apartment, City Center (Monthly)
$303 VES 104.5K
-
3-bedroom Apartment, City Center (Monthly)
$491 VES 169.1K
-
Buy Apartment in City Center (m2)
$607 VES 209.1K
-

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

Last update: January 13, 2026

Isla de Margarita Median Internet Speeds (Updated December 2025)

Mobile

Download
82
Mbps
Upload
10
Mbps
Latency
28
ms

Fixed Broadband

Download
142
Mbps
Upload
125
Mbps
Latency
5
ms
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
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Cost of Living in Isla de Margarita - Frequently Asked Questions
Is Isla de Margarita, Venezuela affordable for travelers, expats, and digital nomads, and how does it compare to other Caribbean destinations?
For many visitors and remote workers, the Cost of Living in Isla de Margarita, Venezuela feels moderate when you balance local routines with occasional imports. Daily meals from local markets tend to be budget-friendly, while Western goods can raise the price. Housing ranges from modest apartments near the coast to larger setups in main towns; expect negotiation and longer leases to unlock better rates. Utilities and internet tend to be workable, though speeds vary by area. Seasonal fluctuations in tourism can affect prices for short stays. Overall, value rises when you mix in home-cooked meals and selective splurges. Tip: Start with a short stay in a well-chosen neighborhood to test prices and pace.
What does daily life look like on the island in terms of housing search, food options, transport, and errands?
Daily life on the island blends laid-back beach tempo with practical needs. Housing search centers around Porlamar, Pampatar, and quieter coastal towns, where negotiating long leases and checking owner contacts can save you money. Food options range from vibrant mercados and fresh seafood stalls to supermarkets with imported items; cooking at your lodging helps manage the Isla de Margarita, Venezuela living cost. For transport, you’ll find reliable buses, taxi services, and the option of a scooter or car rental for weekend trips to beaches. Errands such as banking and healthcare are easier in larger towns yet slower in more remote corners. Tip: Create a two-week plan to scout neighborhoods, test transit, and compare grocery stores before committing to longer leases.
What budgeting tips, seasonal changes, and neighborhood fit should you consider for a good quality of life on the island?
Quality of life on the island hinges on balancing budget, pace, and social life you choose. A simple budgeting framework works: separate needs (housing, meals, transport) from discretionary spend (coffee shops, nightlife, outings) and set monthly limits. Seasonality affects crowds, with peak season bringing more options but higher costs in beach towns; shoulder months often offer calmer days and better rates. To find a neighborhood that fits your vibe, consider proximity to beaches versus services, walkability, and safety; test a few areas like busier town centers for networking or quieter bays for focus. Tip: use local markets, join coworking days, and align your pace with your work style.

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