Caracas vs Incheon - Cost of Living Comparison

Updated: March 01, 2024

	Caracas	Incheon
🚶 Cost of living one person	$975	$1020
👨‍👩‍👧‍👦 Cost of living Family	$2332	$3111
🏠 One person rent	$357	$405
🏘️ Family rent	$583	$1198
🍽️ Food expenses	$393	$430
🚐 Transport expenses	$129	$98.5
💳 Monthly salary after tax	$195	$2196
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	16 km
🎓 Higher education	54	91
😀 Quality of life	41	94
🏙️ Population	2.25M	2.94M

The cost of living in Caracas is 4% less expensive than in Incheon. Cities ranked 5499th and 5173rd ($975 vs $1020) in the list of the most expensive cities in the world and ranked 2nd and 42nd in Venezuela and South Korea, respectively. Check Venezuela vs South Korea comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Caracas compared to 2.2 months in Incheon. Caracas ranked 1st best city to live in Venezuela vs Incheon ranked 2nd in South Korea, while ranked 7028th and 46th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Caracas vs Incheon infographic

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<img src="https://livingcost.org/assets/photo/cost/caracas/incheon.jpg" alt="Cost of living in Caracas vs Incheon infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/caracas/incheon" target="_blank">Caracas vs Incheon - Cost of Living Comparison</a></p>

Prices in Caracas vs Incheon

Prices for goods and services in Caracas and Incheon are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

	Caracas	Incheon
Eating Out
🍱 Lunch Menu	$12.5	$6.77
🥂 Dinner in a Restaurant, for 2	$48.1	$36.7
🥪 Fast food meal, equiv. McDonald's	$10.3	$5.66
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.51	$3.01
☕ Cappuccino	$3.02	$3.51
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.29	$1.51
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$334	$357
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$297	$255
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$616	$1436
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$500	$903
🔌 Utility Bill one person, electricity, heating, water, etc.	$14.1	$108
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$21.7	$167
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$38.1	$21.9
🏦 Mortgage Interest Rate for 20 Years	28.55%	3.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$844	$8575
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1224	$6680
Transportation
🚌 Local transport ticket	$0.45	$1.04
🎟️ Monthly ticket local transport	$29.5	$25
🚕 Taxi Ride, 8 km or 5 mi	$18.4	$8.18
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.5	$1.25
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$2.21
🍞 Bread, 0.5 kg or 1.1 lb	$1.9	$3.03
🍚 Rice, 1 kg or 2.2 lb	$1.23	$3.43
🥚 Eggs, x12	$2.59	$3.38
🧀 Cheese, 1 kg or 2.2 lb	$6.75	$10.6
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.39	$6.27
🥩 Round Steak, 1 kg or 2.2 lb	$7.3	$15.1
🍏 Apples, 1 kg or 2.2 lb	$4.81	$4.73
🍌 Banana, 1 kg or 2.2 lb	$1.34	$2.98
🍊 Oranges, 1 kg or 2.2 lb	$2.04	$5.99
🍅 Tomato, 1 kg or 2.2 lb	$1.75	$6.04
🥔 Potato, 1 kg or 2.2 lb	$2.01	$3.13
🧅 Onion, 1 kg or 2.2 lb	$1.81	$1.88
🌊 Water, 1 L or 1 qt	$0.95	$0.74
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.23	$4.6
🍾 Wine (mid-priced), 750 mL bottle	$9.4	$17
🍺 Beer, 0.5 L or 16 fl oz	$1.54	$2.24
🚬 Cigarette pack	$3.13	$3.39
💊 Cold medicince, 1 week	$4.83	$4.31
🧴 Hair Shampoo	$4.76	$6.66
🧻 Toilet paper, 4 rolls	$2.27	$3.18
👄 Toothpaste, 1 tube	$2.57	$2.08
Other
🏋️ Gym Membership, 1 month	$60.3	$36.2
🎫 Cinema Ticket, 1 person	$4.81	$11.3
👩‍⚕️ Doctor's visit	$36.8	$19.2
💇 Haircut, simple	$12.1	$7.61
👖 Brand Jeans	$46.7	$61.7
👟 Brand Sneakers	$98	$72.6
👶 Daycare or Preschool, 1 month	$81.7	$226
🏫 International Primary School, 1 year	$3515	$19813

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Caracas

Distance	City	Cost of living
11 km or 6.9 mi	La Guaira	$854
12 km or 7.3 mi	Maiquetia	$839
16 km or 9.7 mi	Catia La Mar	$880
21 km or 13 mi	Los Teques	$846
30 km or 18 mi	Charallave	$812
37 km or 23 mi	Cua	$815
40 km or 25 mi	Santa Lucia	$805
43 km or 27 mi	Santa Teresa del Tuy	$844
43 km or 27 mi	Guatire	$823
43 km or 27 mi	Guarenas	$823
46 km or 29 mi	Ocumare del Tuy	$804
53 km or 33 mi	La Victoria	$720
67 km or 41 mi	Turmero	$723
67 km or 41 mi	Cagua	$696
75 km or 47 mi	Santa Rita	$640
78 km or 48 mi	Maracay	$581
78 km or 49 mi	Palo Negro	$648
80 km or 50 mi	El Limon	$612
82 km or 51 mi	San Juan de los Morros	$705
93 km or 58 mi	Altagracia de Orituco	$763
108 km or 67 mi	Guacara	$728
115 km or 71 mi	Los Guayos	$688
119 km or 74 mi	Puerto Cabello	$713
122 km or 76 mi	Valencia	$755
135 km or 84 mi	Tocuyito	$691
163 km or 101 mi	Tinaquillo	$685
176 km or 109 mi	Valle de la Pascua	$753
184 km or 114 mi	Calabozo	$712
199 km or 124 mi	San Felipe	$699
204 km or 127 mi	San Carlos	$684
219 km or 136 mi	Zaraza	$707
235 km or 146 mi	Kralendijk	$1783
245 km or 152 mi	Yaritagua	$663
247 km or 154 mi	Lecheria	$769
249 km or 155 mi	Barcelona	$719
255 km or 159 mi	Puerto la Cruz	$732
260 km or 162 mi	Cabudare	$653
268 km or 167 mi	Barquisimeto	$708
270 km or 167 mi	Acarigua	$687
271 km or 168 mi	Araure	$692

Cities near Incheon

Distance	City	Cost of living
12 km or 7.8 mi	Bucheon	$1152
19 km or 12 mi	Gimpo	$1124
19 km or 12 mi	Gwangmyeong	$1087
22 km or 14 mi	Ansan	$1127
26 km or 16 mi	Anyang	$1097
27 km or 17 mi	Goyang	$1144
28 km or 18 mi	Gunpo	$1120
30 km or 19 mi	Gwacheon	$1056
31 km or 19 mi	Hwaseong	$1088
31 km or 19 mi	Uiwang	$1054
34 km or 21 mi	Seoul	$1444
38 km or 23 mi	Suwon	$987
42 km or 26 mi	Siheung	$1081
43 km or 27 mi	Seongnam	$1121
44 km or 27 mi	Paju	$1072
46 km or 29 mi	Guri	$1101
47 km or 29 mi	Uijeongbu	$986
50 km or 31 mi	Yangju	$983
51 km or 31 mi	Hanam	$1069
51 km or 32 mi	Osan	$1024
53 km or 33 mi	Namyangju	$1106
54 km or 34 mi	Gwangju	$1063
55 km or 34 mi	Yongin	$1256
57 km or 35 mi	Kaesong	$1542
62 km or 38 mi	Dongducheon	$1077
63 km or 39 mi	Dangjin	$1002
65 km or 40 mi	Pyeongtaek	$924
68 km or 42 mi	Pocheon	$1041
73 km or 45 mi	Icheon	$949
75 km or 47 mi	Anseong	$986
78 km or 48 mi	Seosan	$1005
86 km or 53 mi	Cheonan	$940
89 km or 56 mi	Yeoju	$973
104 km or 64 mi	Haeju	$1560
106 km or 66 mi	Chuncheon	$911
113 km or 70 mi	Wonju	$880
118 km or 74 mi	Cheongju	$903
120 km or 74 mi	Gongju	$949
122 km or 76 mi	Sejong	$963
126 km or 78 mi	Boryeong	$1084