Cost of living comparison
Riga is 2.7 times more expensive than Caracas.
If you lived in Riga instead of Caracas, you would:
pay 21.6% less for restaurants
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.00
VEF149.62
|
$10.72
€10.16
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
VEF119.69
|
$8.33
€7.90
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.78
VEF17.78
|
$1.44
€1.36
|
|
| Bottle of water (11 fl. oz) |
$1.29
VEF12.84
|
$1.19
€1.13
|
|
pay 8.1% less for groceries
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.17
VEF21.64
|
$1.56
€1.48
|
|
| Local cheese (8 oz) |
$4.87
VEF48.61
|
$5.73
€5.43
|
|
| Milk (1 gallon) |
$7.73
VEF77.06
|
$4.85
€4.60
|
|
|
Eggs
1 dozen
|
$3.03
VEF30.26
|
$2.86
€2.71
|
|
| Boneless chicken breast (1 lb) |
$3.24
VEF32.36
|
$3.19
€3.02
|
|
| Apples (1 lb) |
$2.55
VEF25.43
|
$0.67
€0.64
|
|
| Bananas (1 lb) |
$0.66
VEF6.56
|
$0.84
€0.79
|
|
| Oranges (1 lb) |
$0.90
VEF8.97
|
$1.07
€1.02
|
|
| Tomatoes (1 lb) |
$0.75
VEF7.51
|
$1.52
€1.44
|
|
| Potatoes (1 lb) |
$1.01
VEF10.04
|
$0.42
€0.40
|
|
| Onions (1 lb) |
$0.87
VEF8.69
|
$0.44
€0.41
|
|
pay 49.9% more for transportation
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.89
VEF18.88
|
$6.77
€6.42
|
|
| Monthly public transit pass |
$30.00
VEF299.24
|
$32.15
€30.49
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$32,000.00
VEF319,184.03
|
$28,026.61
€26,579.37
|
|
| Taxi trip in downtown area (5 miles) |
$23.80
VEF237.39
|
$11.25
€10.67
|
|
pay 8.4 times more for housing
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.22
VEF371.27
|
$17.68
€16.76
|
|
| 1-Bedroom apartment in downtown area |
$394.44
VEF3,934.39
|
$536.44
€508.74
|
|
| 1-Bedroom apartment outside city center |
$366.67
VEF3,657.32
|
$367.73
€348.74
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$7.90
VEF78.82
|
$244.58
€231.95
|
|
pay 4.2 times more for childcare
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$98.67
VEF984.15
|
$538.03
€510.24
|
|
| Middle school for 1 child, two semesters |
$4,720.00
VEF47,079.64
|
$13,487.73
€12,791.25
|
|
pay 70.1% more for entertainment and sports
|
Caracas
|
Riga
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.50
VEF14.96
|
$4.82
€4.57
|
|
| Cappuccino in mid-range area |
$2.72
VEF27.12
|
$3.39
€3.22
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.25
VEF32.42
|
$5.25
€4.98
|
|
| Monthly membership at local gym |
$71.88
VEF716.92
|
$46.01
€43.64
|
|
| Movie ticket to theater/cinema |
$6.00
VEF59.85
|
$10.72
€10.16
|
|
pay 16.1% more for clothing
|
Caracas
|
Riga
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.00
VEF598.47
|
$81.84
€77.61
|
|
|
Regular dress
from H&M or similar store
|
$43.33
VEF432.23
|
$43.77
€41.51
|
|
|
Running shoes
Nike or Adidas
|
$113.12
VEF1,128.37
|
$92.38
€87.61
|
|
| Men's business shoes (leather) |
$83.33
VEF831.21
|
$121.02
€114.77
|
|
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