Cost of living in Maracay
Maracay, a vibrant city in Venezuela, offers a unique blend of cultural richness and economic challenges. Understanding the cost of living here is crucial for both residents and potential newcomers.
This guide provides a detailed breakdown of expenses in Maracay, covering essential categories such as dining, groceries, transportation, housing, and utilities.
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 $5.5 and $20.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $40, with prices ranging from $30 to $100.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.14, with a range between $6.5 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1 to $3, imported beer $1.5 to $5, cappuccino $1 to $4, and Coke/Pepsi $1 to $2.5.
Grocery Prices
- Milk - Milk is priced between $1.32 and $5 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 $1.5 to $5, averaging $2.
- Fruits (e.g., Apples, Oranges) - Apples cost $2 to $10 per kg, while oranges range from $0.54 to $4.41 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.4 and $3 per kg, and lettuce costs $0.7 to $3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.25 and $0.5.
- Fuel (Gasoline) - Gasoline is consistently priced at $0.5 per liter.
- Taxi Fares - Taxi fares start at $2.23, with a cost of $1 to $3.11 per km and $9.5 to $12 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $150.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $100.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $300.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $200.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $500.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $400.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $10 and $19.13, averaging $10.
- 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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Maracay offers a relatively low cost of living compared to many global cities, particularly in terms of housing and transportation.
Dining out is affordable, with a variety of options ranging from inexpensive meals to more upscale dining experiences.
Grocery prices vary, with some items like milk and bread being more expensive, while others like local produce remain affordable.
Transportation costs are minimal, especially for public transport and gasoline, making it easy to navigate the city.
Conclusion
In conclusion, Maracay presents an affordable living environment with low housing and transportation costs.
While some grocery items may be priced higher, the overall cost of living remains manageable for most residents.
Potential residents should consider these factors when planning a move to Maracay, balancing the benefits of low living costs with the economic conditions of Venezuela.