🇻🇪Cost of Living in Maracaibo

Venezuela · Population: 1,600,000 · Cost Index: 20/100

Cost of Living in Maracaibo

Venezuela · South America

Maracaibo is Venezuela's second-largest city, situated on the western shore of Lake Maracaibo and historically the center of the country's oil industry. The city experiences extreme heat year-round and has been severely affected by Venezuela's economic crisis, though its cost of living remains among the lowest in the Americas.

1,600,000

Population

Cost Index

Safety Index

Quality of Life

Average Monthly Cost: $400 (single person, excluding rent)

Estimated monthly budget in Maracaibo

Typical total monthly cost by household type.

Single person

$400

per month

Couple

$600

per month

Family of 4

$840

per month

Student

$300

per month

Estimates based on the average cost of living in Maracaibo, scaled by household size. Actual costs vary with lifestyle, neighbourhood and housing.

Cost Breakdown

Housing

Avg: $195.00

1-Bedroom Apartment (City Center)(per month)

$180.00

1-Bedroom Apartment (Outside Center)(per month)

$100.00

3-Bedroom Apartment (City Center)(per month)

$320.00

3-Bedroom Apartment (Outside Center)(per month)

$180.00

Food & Groceries

Avg: $3.97

Meal at Inexpensive Restaurant(per meal)

$4.00

Meal for 2 at Mid-Range Restaurant(per meal)

$18.00

McMeal at McDonald's(per meal)

$5.50

Milk (1 liter)(per liter)

$1.40

Bread (500g loaf)(per loaf)

$0.80

Rice (1 kg)(per kg)

$0.90

Eggs (12)(per dozen)

$1.80

Chicken Breast (1 kg)(per kg)

$3.50

Apples (1 kg)(per kg)

$3.00

Banana (1 kg)(per kg)

$0.80

Transportation

Avg: $1.90

Monthly Public Transit Pass(per month)

$8.00

One-Way Ticket (Local Transport)(per trip)

$0.20

Taxi Start (Normal Tariff)(base fare)

$0.80

Taxi 1km (Normal Tariff)(per km)

$0.40

Gasoline (1 liter)(per liter)

$0.10

Utilities

Avg: $18.33

Basic Utilities (85m² Apt)(per month)

$15.00

Mobile Phone Plan(per month)

$10.00

Internet (60 Mbps+)(per month)

$30.00

Healthcare

Avg: $10.67

Doctor Visit(per visit)

$15.00

Dentist Visit(per visit)

$12.00

Prescription Medicine (avg)(per prescription)

$5.00

Entertainment

Avg: $6.50

Fitness Club Monthly(per month)

$20.00

Cinema Ticket(per ticket)

$2.50

Cappuccino(per cup)

$1.50

Beer (0.5l) at Restaurant(per glass)

$2.00

Clothing

Avg: $32.67

Pair of Jeans (Levi's)(per pair)

$30.00

Summer Dress (Chain Store)(per item)

$18.00

Running Shoes (Nike, Adidas)(per pair)

$50.00

Popular Maracaibo comparisons

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Frequently asked questions about Maracaibo

Is Maracaibo expensive to live in?

Maracaibo has a cost of living index of 20 out of 100, where New York City scores 100. This makes it one of the more affordable cities we track.

How much money do you need to live in Maracaibo?

A single person needs an estimated $400 per month to live in Maracaibo, covering rent, food, transport and other essentials. A family or a more comfortable lifestyle will cost more.

What is the cost of living index in Maracaibo?

Maracaibo's cost of living index is 20 out of 100. The index is relative to New York City (100), so a score of 50 means overall costs are roughly half those of New York.

What is quality of life like in Maracaibo?

Maracaibo scores 30 out of 100 for quality of life and 28 out of 100 for safety in our index.