Cost of living comparison
Monaco is 6.6 times more expensive than Caracas.
If you lived in Monaco instead of Caracas, you would:
pay 2.6 times more for restaurants
Caracas
|
Monaco
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$20.90
€20.06
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$12.33
€11.83
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$4.67
€4.49
|
|
Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$7.08
€6.80
|
|
pay 56.7% more for groceries
Caracas
|
Monaco
|
||
---|---|---|---|
Bread
1 loaf
|
$2.17
VEF21.64
|
$6.56
€6.30
|
|
Local cheese (8 oz) |
$4.87
VEF48.61
|
$8.04
€7.72
|
|
Milk (1 gallon) |
$7.73
VEF77.06
|
$7.10
€6.81
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$3.56
€3.42
|
|
Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$4.76
€4.57
|
|
Apples (1 lb) |
$2.55
VEF25.43
|
$2.07
€1.98
|
|
Bananas (1 lb) |
$0.66
VEF6.56
|
$1.22
€1.17
|
|
Oranges (1 lb) |
$0.90
VEF8.97
|
$1.22
€1.17
|
|
Tomatoes (1 lb) |
$0.75
VEF7.51
|
$1.80
€1.73
|
|
Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.95
€0.91
|
|
Onions (1 lb) |
$0.87
VEF8.69
|
$1.46
€1.40
|
|
pay 90.1% more for transportation
Caracas
|
Monaco
|
||
---|---|---|---|
Gasoline (1 gallon) |
$1.89
VEF18.88
|
$8.55
€8.20
|
|
Monthly public transit pass |
$30.00
VEF299.24
|
$23.58
€22.63
|
|
New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$46,276.05
€44,419.32
|
|
Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$20.36
€19.55
|
|
pay 17.4 times more for housing
Caracas
|
Monaco
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$61.09
€58.64
|
|
1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$8,084.96
€7,760.57
|
|
1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$6,430.58
€6,172.56
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$235.04
€225.61
|
|
pay 15.1 times more for childcare
Caracas
|
Monaco
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$2,089.94
€2,006.08
|
|
Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$42,736.55
€41,021.84
|
|
pay 4.3 times more for entertainment and sports
Caracas
|
Monaco
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$8.57
€8.23
|
|
Cappuccino in mid-range area |
$2.72
VEF27.12
|
$6.62
€6.35
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$13.40
€12.86
|
|
Monthly membership at local gym |
$71.88
VEF716.92
|
$515.79
€495.09
|
|
Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$12.86
€12.35
|
|
pay 3.5 times more for clothing
Caracas
|
Monaco
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$174.43
€167.43
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$75.29
€72.27
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$219.18
€210.38
|
|
Men's business shoes (leather) |
$83.33
VEF831.21
|
$625.91
€600.80
|
|
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