Cost of living comparison

Oslo, Norway

compared to

Caracas, Venezuela

Caracas vs. Oslo Cost of Living Summary

Caracas is 38.6% cheaper than Oslo.

Restaurants: pay 34.7% less in Caracas
Groceries: pay 20.8% less in Caracas
Transportation: pay 33.7% less in Caracas
Housing: pay 66.3% less in Caracas
Childcare: pay 51.5% less in Caracas
Entertainment and Sports: pay 40.9% less in Caracas
Clothing: pay 22.0% less in Caracas

Expenses including housing, childcare, entertainment and sports, restaurants, transportation, and clothing are lower in Caracas.

Caracas vs. Oslo Cost Breakdown

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

Display currency: USD

pay 34.7% less for restaurants

	Oslo	Caracas
Basic meal with drink at inexpensive restaurant	$21.80 NOK220.29	$15.00 VEF149.62	-31.2%
Fast food combo meal McDonalds, or similar	$12.31 NOK124.37	$12.00 VEF119.69	-2.5%
Bottle of Coca-Cola (11 fl. oz)	$3.63 NOK36.68	$1.78 VEF17.78	-50.9%
Bottle of water (11 fl. oz)	$2.81 NOK28.43	$1.29 VEF12.84	-54.2%
Average			-34.7%

Oslo vs. Caracas - Cost of restaurants

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pay 20.8% less for groceries

	Oslo	Caracas
Bread 1 loaf	$3.25 NOK32.87	$2.17 VEF21.64	-33.3%
Local cheese (8 oz)	$6.40 NOK64.65	$4.87 VEF48.61	-23.8%
Milk (1 gallon)	$7.87 NOK79.49	$7.73 VEF77.06	-1.8%
Eggs 1 dozen	$4.50 NOK45.44	$3.03 VEF30.26	-32.5%
Boneless chicken breast (1 lb)	$6.79 NOK68.64	$3.24 VEF32.36	-52.2%
Apples (1 lb)	$1.44 NOK14.60	$2.55 VEF25.43	+76.5%
Bananas (1 lb)	$1.04 NOK10.47	$0.66 VEF6.56	-36.5%
Oranges (1 lb)	$1.43 NOK14.45	$0.90 VEF8.97	-37.1%
Tomatoes (1 lb)	$2.19 NOK22.13	$0.75 VEF7.51	-65.6%
Potatoes (1 lb)	$1.08 NOK10.92	$1.01 VEF10.04	-6.8%
Onions (1 lb)	$1.04 NOK10.51	$0.87 VEF8.69	-16.2%
Average			-20.8%

Oslo vs. Caracas - Cost of groceries

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pay 33.7% less for transportation

	Oslo	Caracas
Gasoline (1 gallon)	$7.74 NOK78.26	$1.89 VEF18.88	-75.6%
Monthly public transit pass	$81.47 NOK823.32	$30.00 VEF299.24	-63.2%
New Volkswagen Golf 1.4 (standard edition)	$36,328.41 NOK367,145.85	$32,000.00 VEF319,184.03	-11.9%
Taxi trip in downtown area (5 miles)	$20.53 NOK207.44	$23.80 VEF237.39	+16.0%
Average			-33.7%

Oslo vs. Caracas - Cost of transportation

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pay 66.3% less for housing

	Oslo	Caracas
Internet connection 50 mbps or faster, cable/dsl	$52.77 NOK533.35	$37.22 VEF371.27	-29.5%
1-Bedroom apartment in downtown area	$1,432.43 NOK14,476.56	$394.44 VEF3,934.39	-72.5%
1-Bedroom apartment outside city center	$1,135.26 NOK11,473.31	$366.67 VEF3,657.32	-67.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$179.32 NOK1,812.27	$7.90 VEF78.82	-95.6%
Average			-66.3%

Oslo vs. Caracas - Cost of housing

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pay 51.5% less for childcare

	Oslo	Caracas
Private preschool for 1 child, monthly	$257.78 NOK2,605.21	$98.67 VEF984.15	-61.7%
Middle school for 1 child, two semesters	$8,036.90 NOK81,223.37	$4,720.00 VEF47,079.64	-41.3%
Average			-51.5%

Oslo vs. Caracas - Cost of childcare

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pay 40.9% less for entertainment and sports

	Oslo	Caracas
Domestic/local beer (1 pint)	$9.99 NOK100.97	$1.50 VEF14.96	-85.0%
Cappuccino in mid-range area	$4.35 NOK43.96	$2.72 VEF27.12	-37.5%
Pack of cigarettes Marlboro or similar	$14.53 NOK146.86	$3.25 VEF32.42	-77.6%
Monthly membership at local gym	$46.05 NOK465.38	$71.88 VEF716.92	+56.1%
Movie ticket to theater/cinema	$15.21 NOK153.74	$6.00 VEF59.85	-60.6%
Average			-40.9%

Oslo vs. Caracas - Cost of entertainment and sports

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pay 22.0% less for clothing

	Oslo	Caracas
Regular jeans Levi's brand	$97.96 NOK990.06	$60.00 VEF598.47	-38.8%
Regular dress from H&M or similar store	$49.61 NOK501.41	$43.33 VEF432.23	-12.7%
Running shoes Nike or Adidas	$112.16 NOK1,133.49	$113.12 VEF1,128.37	+0.9%
Men's business shoes (leather)	$133.33 NOK1,347.43	$83.33 VEF831.21	-37.5%
Average			-22.0%

Oslo vs. Caracas - Cost of clothing

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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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