Caracas vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Caracas Reykjavik
🚶 Cost of living one person
$1045
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2594
$5968
🏠 One person rent
$366
$1781
🏘️ Family rent
$663
$2749
🍽️ Food expenses
$428
$832
🚐 Transport expenses
$144
$88.7
💳 Monthly salary after tax
$218
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
4 km
🎓 Higher education
54
53
😀 Quality of life
45
89
🏙️ Population
2.25M
140K

The cost of living in Caracas is 64% less expensive than in Reykjavik. Cities ranked 5335th and 204th ($1045 vs $2915) in the list of the most expensive cities in the world and ranked 1st and 1st in Venezuela and Iceland, respectively. Check Venezuela vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.2 months in Caracas compared to 1.3 months in Reykjavik. Caracas ranked 1st best city to live in Venezuela vs Reykjavik ranked 1st in Iceland, while ranked 6509th and 189th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Caracas vs Reykjavik infographic

Share this infographic!

Prices in Caracas vs Reykjavik

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

Caracas Reykjavik
Eating Out
🍱 Lunch Menu
$13.2
$22
🥂 Dinner in a Restaurant, for 2
$48.1
$125
🥪 Fast food meal, equiv. McDonald's
$11
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.54
$11.1
☕ Cappuccino
$3.25
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.65
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$394
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$299
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$711
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$583
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$14.2
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$21.6
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.6
$74.1
🏦 Mortgage Interest Rate for 20 Years
22.16%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$811
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1170
$5311
Transportation
🚌 Local transport ticket
$0.53
$4.63
🎟️ Monthly ticket local transport
$32.3
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$20.8
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.5
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$2
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.77
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.29
$3.25
🥚 Eggs, x12
$2.7
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$8.85
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.66
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$7.44
$37.6
🍏 Apples, 1 kg or 2.2 lb
$5.76
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.45
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.98
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$1.92
$4.99
🥔 Potato, 1 kg or 2.2 lb
$2.2
$3.21
🧅 Onion, 1 kg or 2.2 lb
$2.18
$2.16
🌊 Water, 1 L or 1 qt
$1.26
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.41
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$7.98
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.63
$3.27
🚬 Cigarette pack
$3.2
$12.2
💊 Cold medicince, 1 week
$5.27
$11.6
🧴 Hair Shampoo
$5.43
$5.36
🧻 Toilet paper, 4 rolls
$2.85
$4.68
👄 Toothpaste, 1 tube
$2.45
$3.32
Other
🏋️ Gym Membership, 1 month
$72.8
$71.8
🎫 Cinema Ticket, 1 person
$5.48
$15.1
👩‍⚕️ Doctor's visit
$38
$84.7
💇 Haircut, simple
$11.3
$47.4
👖 Brand Jeans
$57.7
$112
👟 Brand Sneakers
$111
$155
👶 Daycare or Preschool, 1 month
$97.4
$254
🏫 International Primary School, 1 year
$4719
$6167

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Caracas

Distance City Cost of living
11 km or 6.9 mi La Guaira
$915
12 km or 7.3 mi Maiquetia
$900
16 km or 9.7 mi Catia La Mar
$947
21 km or 13 mi Los Teques
$922
30 km or 18 mi Charallave
$877
37 km or 23 mi Cua
$877
40 km or 25 mi Santa Lucia
$865
43 km or 27 mi Santa Teresa del Tuy
$910
43 km or 27 mi Guatire
$892
43 km or 27 mi Guarenas
$896
46 km or 29 mi Ocumare del Tuy
$871
53 km or 33 mi La Victoria
$776
67 km or 41 mi Turmero
$781
67 km or 41 mi Cagua
$744
75 km or 47 mi Santa Rita
$707
78 km or 48 mi Maracay
$726
78 km or 49 mi Palo Negro
$711
80 km or 50 mi El Limon
$683
82 km or 51 mi San Juan de los Morros
$755
93 km or 58 mi Altagracia de Orituco
$787
108 km or 67 mi Guacara
$785
115 km or 71 mi Los Guayos
$726
119 km or 74 mi Puerto Cabello
$759
122 km or 76 mi Valencia
$783
135 km or 84 mi Tocuyito
$726
163 km or 101 mi Tinaquillo
$730
176 km or 109 mi Valle de la Pascua
$752
184 km or 114 mi Calabozo
$827
199 km or 124 mi San Felipe
$736
204 km or 127 mi San Carlos
$772
219 km or 136 mi Zaraza
$783
235 km or 146 mi Kralendijk
$1792
245 km or 152 mi Yaritagua
$682
247 km or 154 mi Lecheria
$821
249 km or 155 mi Barcelona
$704
255 km or 159 mi Puerto la Cruz
$771
260 km or 162 mi Cabudare
$663
268 km or 167 mi Barquisimeto
$715
270 km or 167 mi Acarigua
$724
271 km or 168 mi Araure
$724

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161