Cost of living in Altagracia de Orituco
Altagracia de Orituco, a city in Venezuela, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $14.25 on average, with a range between $6 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $60, with prices ranging from $40 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1 to $3, imported beer $2 to $5, cappuccino $1.5 to $4, and Coke/Pepsi $1 to $2.5.
Grocery Prices
- Milk - Milk is priced between $1.32 and $3 per liter, averaging $1.99.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1 and $4, with an average price of $2.54.
- Eggs (Dozen) - A dozen eggs range from $1.8 to $5, averaging $2.8.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $8.82 per kg, while oranges range from $0.54 to $4.41 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1 and $3 per kg, and lettuce costs $0.76 to $2 per head.
Transportation
- Fuel (Gasoline) - Gasoline is consistently priced at $0.5 per liter.
- Taxi Fares - Taxi fares start at $5, with a cost of $1 to $3.11 per km and $9.5 to $12 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,000 and $35,000, while a Toyota Corolla ranges from $35,000 to $45,000.
Housing Costs
- Mortgage Interest Rate - The mortgage interest rate for a 20-year fixed-rate loan ranges from 16% to 60%, averaging 22%.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $10 and $19.13, averaging $12.64.
- Internet - Internet services range from $25 to $50, with an average cost of $37.18.
Cost of Living Rankings
The cost of living indices for Venezuela are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Venezuela, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Salaries And Financing
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"Key Takeaways"
Altagracia de Orituco offers relatively affordable dining and grocery options, making it a budget-friendly choice for food expenses.
Transportation costs are low, especially for gasoline, which is consistently priced at $0.5 per liter.
Housing costs are influenced by high mortgage interest rates, which can impact long-term affordability.
Conclusion
In conclusion, Altagracia de Orituco presents a mixed cost of living scenario. While daily expenses like dining and groceries are affordable, potential residents should be mindful of the high mortgage interest rates.
For those considering a move, understanding these costs can help in making informed financial decisions and ensuring a comfortable lifestyle in this Venezuelan city.