Caracas vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Caracas Reykjavik
🚶 Cost of living one person
$975
$2723
👨‍👩‍👧‍👦 Cost of living Family
$2332
$5671
🏠 One person rent
$357
$1643
🏘️ Family rent
$583
$2600
🍽️ Food expenses
$393
$800
🚐 Transport expenses
$129
$86.1
💳 Monthly salary after tax
$195
$3682
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
4 km
🎓 Higher education
54
53
😀 Quality of life
41
89
🏙️ Population
2.25M
140K

The cost of living in Caracas is 64% less expensive than in Reykjavik. Cities ranked 5499th and 344th ($975 vs $2723) in the list of the most expensive cities in the world and ranked 2nd 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 1.4 months in Reykjavik. Caracas ranked 1st best city to live in Venezuela vs Reykjavik ranked 1st in Iceland, while ranked 7028th and 152nd among best cities to live in the world.

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Cost of living in Caracas vs Reykjavik infographic

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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
$12.5
$21.6
🥂 Dinner in a Restaurant, for 2
$48.1
$125
🥪 Fast food meal, equiv. McDonald's
$10.3
$16.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.51
$10.9
☕ Cappuccino
$3.02
$5.05
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.29
$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$334
$1659
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$297
$1492
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$616
$2694
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$500
$2395
🔌 Utility Bill one person, electricity, heating, water, etc.
$14.1
$52.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$21.7
$80.5
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$38.1
$64.8
🏦 Mortgage Interest Rate for 20 Years
28.55%
8.07%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$844
$6252
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1224
$4951
Transportation
🚌 Local transport ticket
$0.45
$4.13
🎟️ Monthly ticket local transport
$29.5
$66.6
🚕 Taxi Ride, 8 km or 5 mi
$18.4
$26.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.5
$2.28
Groceries
🥛 Milk, 1 L or 1 qt
$1.98
$1.65
🍞 Bread, 0.5 kg or 1.1 lb
$1.9
$3.71
🍚 Rice, 1 kg or 2.2 lb
$1.23
$3.27
🥚 Eggs, x12
$2.59
$6.03
🧀 Cheese, 1 kg or 2.2 lb
$6.75
$15.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.39
$19.8
🥩 Round Steak, 1 kg or 2.2 lb
$7.3
$31
🍏 Apples, 1 kg or 2.2 lb
$4.81
$3.2
🍌 Banana, 1 kg or 2.2 lb
$1.34
$2.12
🍊 Oranges, 1 kg or 2.2 lb
$2.04
$2.81
🍅 Tomato, 1 kg or 2.2 lb
$1.75
$4.84
🥔 Potato, 1 kg or 2.2 lb
$2.01
$3.07
🧅 Onion, 1 kg or 2.2 lb
$1.81
$2.14
🌊 Water, 1 L or 1 qt
$0.95
$1.44
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.23
$2.53
🍾 Wine (mid-priced), 750 mL bottle
$9.4
$20
🍺 Beer, 0.5 L or 16 fl oz
$1.54
$3.08
🚬 Cigarette pack
$3.13
$11.8
💊 Cold medicince, 1 week
$4.83
$11.6
🧴 Hair Shampoo
$4.76
$5.21
🧻 Toilet paper, 4 rolls
$2.27
$4.67
👄 Toothpaste, 1 tube
$2.57
$3.24
Other
🏋️ Gym Membership, 1 month
$60.3
$63.3
🎫 Cinema Ticket, 1 person
$4.81
$14.5
👩‍⚕️ Doctor's visit
$36.8
$83
💇 Haircut, simple
$12.1
$37.2
👖 Brand Jeans
$46.7
$105
👟 Brand Sneakers
$98
$142
👶 Daycare or Preschool, 1 month
$81.7
$239
🏫 International Primary School, 1 year
$3515
$6072

Cost of living in other countries

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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 Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2304
9.8 km or 6.1 mi Hafnarfjorur
$2460
38 km or 24 mi Keflavik
$2023
247 km or 153 mi Akureyri
$2011
795 km or 494 mi Torshavn
$1952
1204 km or 748 mi Inverness
$1629
1230 km or 764 mi Elgin
$1554
1300 km or 808 mi Derry
$1662
1309 km or 813 mi Greenock
$1524
1321 km or 821 mi Aberdeen
$1681
1325 km or 823 mi Perth
$1537
1328 km or 825 mi Stirling
$1659
1331 km or 827 mi Paisley
$1734
1333 km or 828 mi Alloa
$1670
1337 km or 831 mi Glasgow
$1884
1339 km or 832 mi Dundee
$1527
1340 km or 833 mi Omagh
$1642
1341 km or 833 mi Cumbernauld
$1803
1342 km or 834 mi Irvine
$1514
1348 km or 838 mi East Kilbride
$1748
1349 km or 838 mi Kilmarnock
$1399
1351 km or 839 mi Dunfermline
$1693
1353 km or 841 mi Hamilton
$1731
1357 km or 843 mi Ayr
$1520
1360 km or 845 mi Kirkcaldy
$1800
1365 km or 848 mi Livingston
$1651
1372 km or 852 mi Edinburgh
$2043
1382 km or 859 mi Newtownabbey
$1666
1387 km or 862 mi Belfast
$1741
1390 km or 864 mi Bangor
$1305
1391 km or 864 mi Lisburn
$1643
1401 km or 871 mi Alesund
$1539
1413 km or 878 mi Galway
$2244
1425 km or 886 mi Dundalk
$1869
1431 km or 889 mi Dumfries
$1723
1433 km or 891 mi Nuuk
$2175
1441 km or 895 mi Molde
$1928
1454 km or 903 mi Kristiansund
$1632
1455 km or 904 mi Drogheda
$2391
1455 km or 904 mi Bergen
$1991