Cost of living comparison

Addis Ababa, Ethiopia

compared to

Caracas, Venezuela

Caracas vs. Addis Ababa Cost of Living Summary

Caracas is 39.0% more expensive than Addis Ababa.

Restaurants: pay 2.3 times more in Caracas
Groceries: pay 36.2% more in Caracas
Transportation: pay 2.8 times more in Caracas
Housing: pay 56.0% less in Caracas
Childcare: pay 34.1% less in Caracas
Entertainment and Sports: pay 27.3% more in Caracas
Clothing: pay 11.1% less in Caracas

The cost of transportation, restaurants, groceries, and entertainment and sports in Caracas are more expensive than in Addis Ababa. Expenses including housing, childcare, and clothing are lower in Caracas. Notably, transportation and restaurants are significantly more expensive in Caracas.

Caracas vs. Addis Ababa Cost Breakdown

If you lived in Caracas instead of Addis Ababa, you would:

Display currency: USD

pay 2.3 times more for restaurants

	Addis Ababa	Caracas
Basic meal with drink at inexpensive restaurant	$6.00 ETB815.36	$15.00 VEF149.62	+150.0%
Fast food combo meal McDonalds, or similar	$6.24 ETB847.34	$12.00 VEF119.69	+92.5%
Bottle of Coca-Cola (11 fl. oz)	$0.78 ETB106.68	$1.78 VEF17.78	+127.1%
Bottle of water (11 fl. oz)	$0.50 ETB68.24	$1.29 VEF12.84	+156.4%
Average			+131.5%

Addis Ababa vs. Caracas - Cost of restaurants

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pay 36.2% more for groceries

	Addis Ababa	Caracas
Bread 1 loaf	$1.20 ETB163.29	$2.17 VEF21.64	+80.5%
Local cheese (8 oz)	$4.85 ETB659.55	$4.87 VEF48.61	+0.4%
Milk (1 gallon)	$6.08 ETB826.04	$7.73 VEF77.06	+27.1%
Eggs 1 dozen	$2.65 ETB360.01	$3.03 VEF30.26	+14.5%
Boneless chicken breast (1 lb)	$5.65 ETB767.28	$3.24 VEF32.36	-42.5%
Apples (1 lb)	$3.30 ETB448.63	$2.55 VEF25.43	-22.8%
Bananas (1 lb)	$0.51 ETB68.81	$0.66 VEF6.56	+30.0%
Oranges (1 lb)	$1.08 ETB146.53	$0.90 VEF8.97	-16.6%
Tomatoes (1 lb)	$0.39 ETB52.53	$0.75 VEF7.51	+94.9%
Potatoes (1 lb)	$0.31 ETB42.30	$1.01 VEF10.04	+223.3%
Onions (1 lb)	$0.79 ETB107.92	$0.87 VEF8.69	+9.7%
Average			+36.2%

Addis Ababa vs. Caracas - Cost of groceries

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pay 2.8 times more for transportation

	Addis Ababa	Caracas
Gasoline (1 gallon)	$4.88 ETB663.12	$1.89 VEF18.88	-61.2%
Monthly public transit pass	$10.00 ETB1,358.93	$30.00 VEF299.24	+200.0%
New Volkswagen Golf 1.4 (standard edition)	$25,000.00 ETB3,397,335.00	$32,000.00 VEF319,184.03	+28.0%
Taxi trip in downtown area (5 miles)	$3.67 ETB498.05	$23.80 VEF237.39	+549.4%
Average			+179.0%

Addis Ababa vs. Caracas - Cost of transportation

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pay 56.0% less for housing

	Addis Ababa	Caracas
Internet connection 50 mbps or faster, cable/dsl	$171.17 ETB23,260.42	$37.22 VEF371.27	-78.3%
1-Bedroom apartment in downtown area	$645.10 ETB87,664.83	$394.44 VEF3,934.39	-38.9%
1-Bedroom apartment outside city center	$422.74 ETB57,447.88	$366.67 VEF3,657.32	-13.3%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$124.84 ETB16,964.69	$7.90 VEF78.82	-93.7%
Average			-56.0%

Addis Ababa vs. Caracas - Cost of housing

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pay 34.1% less for childcare

	Addis Ababa	Caracas
Private preschool for 1 child, monthly	$81.47 ETB11,071.68	$98.67 VEF984.15	+21.1%
Middle school for 1 child, two semesters	$43,916.67 ETB5,967,985.15	$4,720.00 VEF47,079.64	-89.3%
Average			-34.1%

Addis Ababa vs. Caracas - Cost of childcare

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pay 27.3% more for entertainment and sports

	Addis Ababa	Caracas
Domestic/local beer (1 pint)	$1.00 ETB135.89	$1.50 VEF14.96	+50.0%
Cappuccino in mid-range area	$1.15 ETB156.24	$2.72 VEF27.12	+136.5%
Pack of cigarettes Marlboro or similar	$4.00 ETB543.57	$3.25 VEF32.42	-18.8%
Monthly membership at local gym	$90.59 ETB12,311.26	$71.88 VEF716.92	-20.7%
Movie ticket to theater/cinema	$6.70 ETB910.49	$6.00 VEF59.85	-10.4%
Average			+27.3%

Addis Ababa vs. Caracas - Cost of entertainment and sports

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pay 11.1% less for clothing

	Addis Ababa	Caracas
Regular jeans Levi's brand	$48.33 ETB6,568.18	$60.00 VEF598.47	+24.1%
Regular dress from H&M or similar store	$75.17 ETB10,214.65	$43.33 VEF432.23	-42.4%
Running shoes Nike or Adidas	$108.84 ETB14,791.01	$113.12 VEF1,128.37	+3.9%
Men's business shoes (leather)	$119.32 ETB16,215.03	$83.33 VEF831.21	-30.2%
Average			-11.1%

Addis Ababa vs. Caracas - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: June 2025

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