Caracas vs Medellin - Cost of Living Comparison

Updated: March 01, 2024

	Caracas	Medellin
🚶 Cost of living one person	$975	$867
👨‍👩‍👧‍👦 Cost of living Family	$2332	$2196
🏠 One person rent	$357	$387
🏘️ Family rent	$583	$760
🍽️ Food expenses	$393	$262
🚐 Transport expenses	$129	$141
💳 Monthly salary after tax	$195	$412
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	3 km
🎓 Higher education	54	67
😀 Quality of life	41	54
🏙️ Population	2.25M	2.53M

The cost of living in Caracas is 12% more expensive than in Medellin. Cities ranked 5499th and 6140th ($975 vs $867) in the list of the most expensive cities in the world and ranked 2nd and 3rd in Venezuela and Colombia, respectively. Check Venezuela vs Colombia comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Caracas compared to 0.5 months in Medellin. Caracas ranked 1st best city to live in Venezuela vs Medellin ranked 2nd in Colombia, while ranked 7028th and 5994th among best cities to live in the world.

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Cost of living in Caracas vs Medellin infographic

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

Prices in Caracas vs Medellin

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

	Caracas	Medellin
Eating Out
🍱 Lunch Menu	$12.5	$5.65
🥂 Dinner in a Restaurant, for 2	$48.1	$22.9
🥪 Fast food meal, equiv. McDonald's	$10.3	$6.44
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$1.51	$1.5
☕ Cappuccino	$3.02	$1.76
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$1.29	$0.96
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$334	$435
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$297	$289
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$616	$819
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$500	$629
🔌 Utility Bill one person, electricity, heating, water, etc.	$14.1	$45.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$21.7	$69.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$38.1	$23.2
🏦 Mortgage Interest Rate for 20 Years	28.55%	14%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$844	$1728
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$1224	$1560
Transportation
🚌 Local transport ticket	$0.45	$0.75
🎟️ Monthly ticket local transport	$29.5	$45.5
🚕 Taxi Ride, 8 km or 5 mi	$18.4	$14
⛽ Gas / Petrol, 1 L or 0.26 gal	$0.5	$1.04
Groceries
🥛 Milk, 1 L or 1 qt	$1.98	$1.09
🍞 Bread, 0.5 kg or 1.1 lb	$1.9	$1.25
🍚 Rice, 1 kg or 2.2 lb	$1.23	$1.2
🥚 Eggs, x12	$2.59	$2.3
🧀 Cheese, 1 kg or 2.2 lb	$6.75	$5.66
🐔 Chicken Breast, 1 kg or 2.2 lb	$6.39	$5.96
🥩 Round Steak, 1 kg or 2.2 lb	$7.3	$9.25
🍏 Apples, 1 kg or 2.2 lb	$4.81	$2.35
🍌 Banana, 1 kg or 2.2 lb	$1.34	$0.94
🍊 Oranges, 1 kg or 2.2 lb	$2.04	$1.23
🍅 Tomato, 1 kg or 2.2 lb	$1.75	$1.27
🥔 Potato, 1 kg or 2.2 lb	$2.01	$1.1
🧅 Onion, 1 kg or 2.2 lb	$1.81	$1.15
🌊 Water, 1 L or 1 qt	$0.95	$0.5
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.23	$1.48
🍾 Wine (mid-priced), 750 mL bottle	$9.4	$10.9
🍺 Beer, 0.5 L or 16 fl oz	$1.54	$1.1
🚬 Cigarette pack	$3.13	$2.37
💊 Cold medicince, 1 week	$4.83	$5.49
🧴 Hair Shampoo	$4.76	$4.52
🧻 Toilet paper, 4 rolls	$2.27	$1.98
👄 Toothpaste, 1 tube	$2.57	$1.64
Other
🏋️ Gym Membership, 1 month	$60.3	$29.1
🎫 Cinema Ticket, 1 person	$4.81	$4.04
👩‍⚕️ Doctor's visit	$36.8	$25.8
💇 Haircut, simple	$12.1	$7.26
👖 Brand Jeans	$46.7	$53.3
👟 Brand Sneakers	$98	$91.2
👶 Daycare or Preschool, 1 month	$81.7	$217
🏫 International Primary School, 1 year	$3515	$6416

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 Medellin

Distance	City	Cost of living
8.1 km or 5 mi	Envigado	$812
9.9 km or 6.1 mi	Bello	$778
131 km or 82 mi	Manizales	$727
135 km or 84 mi	Quibdo	$649
160 km or 99 mi	Pereira	$639
171 km or 106 mi	Cartago	$639
179 km or 111 mi	Salento	$567
190 km or 118 mi	Armenia	$551
205 km or 127 mi	Ibague	$525
209 km or 130 mi	Facatativa	$433
212 km or 131 mi	Barrancabermeja	$592
221 km or 137 mi	Zipaquira	$645
232 km or 144 mi	Girardot	$416
239 km or 148 mi	Soacha	$724
242 km or 150 mi	Turbo	$624
246 km or 153 mi	Bogota	$883
250 km or 155 mi	Tulua	$493
257 km or 160 mi	Tunja	$511
282 km or 175 mi	Monteria	$633
285 km or 177 mi	Duitama	$617
288 km or 179 mi	Bucaramanga	$649
289 km or 179 mi	Floridablanca	$612
298 km or 185 mi	Sogamoso	$597
308 km or 192 mi	Buenaventura	$552
312 km or 194 mi	Palmira	$648
318 km or 198 mi	Villavicencio	$530
329 km or 204 mi	Cali	$720
331 km or 206 mi	Ocana	$612
334 km or 208 mi	Santa Cruz de Lorica	$573
340 km or 211 mi	Sincelejo	$536
346 km or 215 mi	Magangue	$582
367 km or 228 mi	Yopal	$594
370 km or 230 mi	Neiva	$507
386 km or 240 mi	Cucuta	$708
387 km or 241 mi	San Antonio del Tachira	$595
391 km or 243 mi	Rubio	$593
406 km or 252 mi	San Cristobal	$589
410 km or 255 mi	Tariba	$592
438 km or 272 mi	Popayan	$455
448 km or 279 mi	La Grita	$617