Cost of living comparison

 Managua, Nicaragua
compared to
 Caracas, Venezuela
Caracas vs. Managua Cost of Living Summary

Caracas is 23.3% more expensive than Managua.

Restaurants
pay 2.5 times more in Caracas
Groceries
pay 27.1% more in Caracas
Transportation
pay 8.6% less in Caracas
Housing
pay 0.2% less in Caracas
Childcare
pay 11.5% less in Caracas
Entertainment and Sports
pay 26.1% more in Caracas
Clothing
pay 21.1% less in Caracas

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

Caracas vs. Managua Cost Breakdown

If you lived in Caracas instead of Managua, you would:

pay 2.5 times more for restaurants

 
Managua
Caracas
Basic meal with drink at inexpensive restaurant $4.08
NIO150.21
$15.00
VEF149.62
Fast food combo meal
McDonalds, or similar
$7.00
NIO257.71
$12.00
VEF119.69
Bottle of Coca-Cola (11 fl. oz) $0.65
NIO24.04
$1.78
VEF17.78

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pay 27.1% more for groceries

 
Managua
Caracas
Bread
1 loaf
$1.67
NIO61.42
$2.17
VEF21.64
Local cheese (8 oz) $2.35
NIO86.68
$4.87
VEF48.61
Milk (1 gallon) $4.20
NIO154.55
$7.73
VEF77.06

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pay 8.6% less for transportation

 
Managua
Caracas
Gasoline (1 gallon) $5.07
NIO186.58
$1.89
VEF18.88
Monthly public transit pass ?? $30.00
VEF299.24
New Volkswagen Golf 1.4 (standard edition) $22,000.00
NIO809,942.03
$32,000.00
VEF319,184.03

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pay 0.2% less for housing

 
Managua
Caracas
Internet connection
50 mbps or faster, cable/dsl
$44.10
NIO1,623.63
$37.22
VEF371.27
1-Bedroom apartment in downtown area $250.00
NIO9,203.89
$394.44
VEF3,934.39
1-Bedroom apartment outside city center $250.00
NIO9,203.89
$366.67
VEF3,657.32

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pay 11.5% less for childcare

 
Managua
Caracas
Private preschool for 1 child, monthly $125.56
NIO4,622.40
$98.67
VEF984.15
Middle school for 1 child, two semesters $4,800.00
NIO176,714.63
$4,720.00
VEF47,079.64

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pay 26.1% more for entertainment and sports

 
Managua
Caracas
Domestic/local beer (1 pint) $1.36
NIO50.07
$1.50
VEF14.96
Cappuccino in mid-range area $2.21
NIO81.52
$2.72
VEF27.12
Pack of cigarettes
Marlboro or similar
$2.66
NIO97.90
$3.25
VEF32.42

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pay 21.1% less for clothing

 
Managua
Caracas
Regular jeans
Levi's brand
$74.93
NIO2,758.55
$60.00
VEF598.47
Regular dress
from H&M or similar store
$56.67
NIO2,086.21
$43.33
VEF432.23
Running shoes
Nike or Adidas
$109.40
NIO4,027.71
$113.12
VEF1,128.37

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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: May 2025
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