Caracas vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Caracas Reykjavik
🚶 Cost of living one person
$1199
$3322
👨‍👩‍👧‍👦 Cost of living Family
$2897
$6846
🏠 One person rent
$458
$2058
🏘️ Family rent
$782
$3020
🍽️ Food expenses
$466
$916
🚐 Transport expenses
$161
$102
💳 Monthly salary after tax
$302
$4546
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
4 km
🎓 Higher education
54
52
😀 Quality of life
52
89
🏙️ Population
2.25M
139K

The cost of living in Caracas is 64% less expensive than in Reykjavik. Cities ranked 4773rd and 86th ($1199 vs $3322) 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 0.3 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 6562nd and 268th among best cities to live in the world.

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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
$28.6
🥂 Dinner in a Restaurant, for 2
$51.6
$90.8
🥪 Fast food meal, equiv. McDonald's
$9.69
$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.57
$12.6
☕ Cappuccino
$3.71
$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.35
$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$544
$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$371
$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$981
$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$653
$2721
🔌 Utility Bill one person, electricity, heating, water, etc.
$19.1
$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$29.5
$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.9
$87.2
🏦 Mortgage Interest Rate for 20 Years
21.93%
8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1262
$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$725
$6385
Transportation
🚌 Local transport ticket
$0.5
$5.51
🎟️ Monthly ticket local transport
$32.6
$87.9
🚕 Taxi Ride, 8 km or 5 mi
$24.2
$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$0.59
$2.49
Groceries
🥛 Milk, 1 L or 1 qt
$2.33
$1.98
🍞 Bread, 0.5 kg or 1.1 lb
$2.34
$4.44
🍚 Rice, 1 kg or 2.2 lb
$1.52
$3.58
🥚 Eggs, x12
$3.73
$6.83
🧀 Cheese, 1 kg or 2.2 lb
$9.33
$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.37
$26
🥩 Round Steak, 1 kg or 2.2 lb
$9.39
$44.9
🍏 Apples, 1 kg or 2.2 lb
$6.5
$3.55
🍌 Banana, 1 kg or 2.2 lb
$1.79
$2.67
🍊 Oranges, 1 kg or 2.2 lb
$2.43
$3.41
🍅 Tomato, 1 kg or 2.2 lb
$2.22
$5.8
🥔 Potato, 1 kg or 2.2 lb
$2.35
$3.52
🧅 Onion, 1 kg or 2.2 lb
$2.19
$2.2
🌊 Water, 1 L or 1 qt
$1.57
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.86
$3.01
🍾 Wine (mid-priced), 750 mL bottle
$10.3
$24.2
🍺 Beer, 0.5 L or 16 fl oz
$1.47
$3.95
🚬 Cigarette pack
$4.51
$14
💊 Cold medicince, 1 week
$6.33
$12.7
🧴 Hair Shampoo
$5.99
$5.93
🧻 Toilet paper, 4 rolls
$3.53
$5.26
👄 Toothpaste, 1 tube
$2.81
$3.63
Other
🏋️ Gym Membership, 1 month
$80.8
$95.3
🎫 Cinema Ticket, 1 person
$5.49
$18.6
👩‍⚕️ Doctor's visit
$41.9
$93.8
💇 Haircut, simple
$16
$46.1
👖 Brand Jeans
$59.1
$144
👟 Brand Sneakers
$105
$176
👶 Daycare or Preschool, 1 month
$155
$408
🏫 International Primary School, 1 year
$4633
$30361

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
$1015
12 km or 7.3 mi Maiquetia
$997
16 km or 9.7 mi Catia La Mar
$1044
21 km or 13 mi Los Teques
$994
30 km or 18 mi Charallave
$775
37 km or 23 mi Cua
$726
40 km or 25 mi Santa Lucia
$780
43 km or 27 mi Santa Teresa del Tuy
$805
43 km or 27 mi Guatire
$918
43 km or 27 mi Guarenas
$923
46 km or 29 mi Ocumare del Tuy
$605
53 km or 33 mi La Victoria
$818
67 km or 41 mi Turmero
$834
67 km or 41 mi Cagua
$793
75 km or 47 mi Santa Rita
$742
78 km or 48 mi Maracay
$754
78 km or 49 mi Palo Negro
$748
80 km or 50 mi El Limon
$715
82 km or 51 mi San Juan de los Morros
$781
93 km or 58 mi Altagracia de Orituco
$840
108 km or 67 mi Guacara
$817
115 km or 71 mi Los Guayos
$735
119 km or 74 mi Puerto Cabello
$806
122 km or 76 mi Valencia
$745
135 km or 84 mi Tocuyito
$728
163 km or 101 mi Tinaquillo
$756
176 km or 109 mi Valle de la Pascua
$811
184 km or 114 mi Calabozo
$868
199 km or 124 mi San Felipe
$762
204 km or 127 mi San Carlos
$807
219 km or 136 mi Zaraza
$827
235 km or 146 mi Kralendijk
$2002
245 km or 152 mi Yaritagua
$697
247 km or 154 mi Lecheria
$771
249 km or 155 mi Barcelona
$888
255 km or 159 mi Puerto la Cruz
$703
260 km or 162 mi Cabudare
$660
268 km or 167 mi Barquisimeto
$670
270 km or 167 mi Acarigua
$749
271 km or 168 mi Araure
$744

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3219
9.8 km or 6.1 mi Hafnarfjorur
$3212
38 km or 24 mi Keflavik
$2621
247 km or 153 mi Akureyri
$2974
795 km or 494 mi Torshavn
$2066
1204 km or 748 mi Inverness
$2053
1230 km or 764 mi Elgin
$1540
1300 km or 808 mi Derry
$1620
1309 km or 813 mi Greenock
$1645
1321 km or 821 mi Aberdeen
$1848
1325 km or 823 mi Perth
$1656
1328 km or 825 mi Stirling
$1852
1331 km or 827 mi Paisley
$1906
1333 km or 828 mi Alloa
$1862
1337 km or 831 mi Glasgow
$2121
1339 km or 832 mi Dundee
$1585
1340 km or 833 mi Omagh
$1769
1341 km or 833 mi Cumbernauld
$1652
1342 km or 834 mi Irvine
$1707
1348 km or 838 mi East Kilbride
$1902
1349 km or 838 mi Kilmarnock
$1568
1351 km or 839 mi Dunfermline
$1782
1353 km or 841 mi Hamilton
$1854
1357 km or 843 mi Ayr
$1588
1360 km or 845 mi Kirkcaldy
$1821
1365 km or 848 mi Livingston
$1784
1372 km or 852 mi Edinburgh
$2331
1382 km or 859 mi Newtownabbey
$1892
1387 km or 862 mi Belfast
$1954
1390 km or 864 mi Bangor
$1496
1391 km or 864 mi Lisburn
$1945
1401 km or 871 mi Alesund
$1980
1413 km or 878 mi Galway
$2978
1425 km or 886 mi Dundalk
$2179
1431 km or 889 mi Dumfries
$1490
1433 km or 891 mi Nuuk
$2363
1441 km or 895 mi Molde
$2135
1454 km or 903 mi Kristiansund
$1984
1455 km or 904 mi Drogheda
$2627
1455 km or 904 mi Bergen
$2409