Cost of living comparison
Caracas is 43.3% cheaper than Nuuk.
If you lived in Caracas instead of Nuuk, you would:
pay 25.5% less for restaurants
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$14.37
DKK102.79
|
$15.00
VEF149.62
|
|
|
Fast food combo meal
McDonalds, or similar
|
$15.82
DKK113.11
|
$12.00
VEF119.69
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.44
DKK17.47
|
$1.78
VEF17.78
|
|
| Bottle of water (11 fl. oz) |
$2.87
DKK20.56
|
$1.29
VEF12.84
|
|
pay 38.2% less for groceries
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.50
DKK25.01
|
$2.17
VEF21.64
|
|
| Local cheese (8 oz) |
$16.89
DKK120.77
|
$4.87
VEF48.61
|
|
| Milk (1 gallon) |
$9.96
DKK71.22
|
$7.73
VEF77.06
|
|
|
Eggs
1 dozen
|
$4.42
DKK31.59
|
$3.03
VEF30.26
|
|
| Boneless chicken breast (1 lb) |
$8.25
DKK58.98
|
$3.24
VEF32.36
|
|
| Apples (1 lb) |
$1.63
DKK11.66
|
$2.55
VEF25.43
|
|
| Bananas (1 lb) |
$1.85
DKK13.21
|
$0.66
VEF6.56
|
|
| Oranges (1 lb) |
$1.60
DKK11.42
|
$0.90
VEF8.97
|
|
| Tomatoes (1 lb) |
$1.96
DKK13.99
|
$0.75
VEF7.51
|
|
| Potatoes (1 lb) |
$1.52
DKK10.88
|
$1.01
VEF10.04
|
|
| Onions (1 lb) |
$1.74
DKK12.43
|
$0.87
VEF8.69
|
|
pay 42.6% less for transportation
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.70
DKK26.46
|
$1.89
VEF18.88
|
|
| Monthly public transit pass |
$83.07
DKK594.11
|
$30.00
VEF299.24
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,422.30
DKK246,174.55
|
$32,000.00
VEF319,184.03
|
|
| Taxi trip in downtown area (5 miles) |
$48.15
DKK344.34
|
$23.80
VEF237.39
|
|
pay 72.6% less for housing
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$132.16
DKK945.13
|
$37.22
VEF371.27
|
|
| 1-Bedroom apartment in downtown area |
$1,101.90
DKK7,880.33
|
$394.44
VEF3,934.39
|
|
| 1-Bedroom apartment outside city center |
$901.88
DKK6,449.88
|
$366.67
VEF3,657.32
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$164.86
DKK1,179.03
|
$7.90
VEF78.82
|
|
pay 81.9% less for childcare
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$546.16
DKK3,905.90
|
$98.67
VEF984.15
|
|
| Middle school for 1 child, two semesters | ?? |
$4,720.00
VEF47,079.64
|
|
pay 44.9% less for entertainment and sports
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$8.62
DKK61.67
|
$1.50
VEF14.96
|
|
| Cappuccino in mid-range area |
$5.99
DKK42.83
|
$2.72
VEF27.12
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.50
DKK82.23
|
$3.25
VEF32.42
|
|
| Monthly membership at local gym |
$45.90
DKK328.23
|
$71.88
VEF716.92
|
|
| Movie ticket to theater/cinema |
$21.56
DKK154.18
|
$6.00
VEF59.85
|
|
pay 2.5% more for clothing
|
Nuuk
|
Caracas
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$86.24
DKK616.72
|
$60.00
VEF598.47
|
|
|
Regular dress
from H&M or similar store
|
$25.87
DKK185.02
|
$43.33
VEF432.23
|
|
|
Running shoes
Nike or Adidas
|
$86.09
DKK615.69
|
$113.12
VEF1,128.37
|
|
| Men's business shoes (leather) |
$201.07
DKK1,437.99
|
$83.33
VEF831.21
|
|
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