Cost of living comparison
Madrid is 2.4 times more expensive than Caracas.
If you lived in Madrid instead of Caracas, you would:
pay 23.2% more for restaurants
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$16.08
€15.31
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$10.72
€10.21
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$2.79
€2.65
|
|
| Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$1.80
€1.72
|
|
pay 1.0% less for groceries
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
VEF21.64
|
$1.50
€1.43
|
|
| Local cheese (8 oz) |
$4.87
VEF48.61
|
$6.92
€6.59
|
|
| Milk (1 gallon) |
$7.73
VEF77.06
|
$4.41
€4.20
|
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$3.05
€2.91
|
|
| Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$3.78
€3.60
|
|
| Apples (1 lb) |
$2.55
VEF25.43
|
$1.13
€1.07
|
|
| Bananas (1 lb) |
$0.66
VEF6.56
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$0.90
VEF8.97
|
$1.01
€0.96
|
|
| Tomatoes (1 lb) |
$0.75
VEF7.51
|
$1.05
€1.00
|
|
| Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.83
€0.79
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.82
€0.78
|
|
pay 68.9% more for transportation
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.79
€6.46
|
|
| Monthly public transit pass |
$30.00
VEF299.24
|
$42.87
€40.82
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$35,759.38
€34,050.08
|
|
| Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$14.90
€14.19
|
|
pay 6.0 times more for housing
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$31.85
€30.32
|
|
| 1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$1,468.90
€1,398.68
|
|
| 1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$1,074.71
€1,023.34
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$130.03
€123.82
|
|
pay 3.9 times more for childcare
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$567.57
€540.44
|
|
| Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$10,069.47
€9,588.15
|
|
pay 56.3% more for entertainment and sports
|
Caracas
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$3.75
€3.57
|
|
| Cappuccino in mid-range area |
$2.72
VEF27.12
|
$2.59
€2.46
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$6.43
€6.12
|
|
| Monthly membership at local gym |
$71.88
VEF716.92
|
$43.11
€41.05
|
|
| Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$10.72
€10.21
|
|
pay 17.2% more for clothing
|
Caracas
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$90.50
€86.17
|
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$37.21
€35.43
|
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$97.88
€93.20
|
|
| Men's business shoes (leather) |
$83.33
VEF831.21
|
$121.40
€115.59
|
|
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