Maturin, a 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 Maturin, 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 $5 on average, with a range between $5 and $8.
  • Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $30, with prices fixed at $30.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12.75, with a range between $10.5 and $15.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.5 to $3, imported beer averages $2, cappuccino $1 to $2, and Coke/Pepsi $0.7 to $1.5.

Grocery Prices

  • Eggs (Dozen) - A dozen eggs average $3.5.
  • Local Cheese (1kg) - Local cheese is priced at $4 per kg.
  • Chicken Fillets (1kg) - Chicken fillets cost $8 per kg.

Transportation

  • Fuel (Gasoline) - Gasoline is priced at $0.5 per liter.
  • New Car (Toyota Corolla Sedan) - A new Toyota Corolla Sedan costs approximately $30,000.

Housing Costs

  • 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $100.
  • 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $120.
  • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $250.
  • 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $300.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment average $10.
  • Internet - Internet services average $60.
Worldwide
Venezuela

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.

Highest to LowestUpdated: Dec, 2024

Cost of Living Data

The following pricing data has been gathered from 4 user contributions, as of the most recent update in September, 2023.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$5.00
Meal for 2 People, Mid-range Restaurant, Three-course
$30.00
McMeal at McDonalds (or Equivalent Combo Meal)
$12.75
Domestic Beer (0.5 liter draught)
$2.25
Imported Beer (0.33 liter bottle)
$2.00
Coke/Pepsi (0.33 liter bottle)
$1.10
Water (0.33 liter bottle)
$1.60
Cappuccino (regular)
$1.50
Markets
Avg / Range
Eggs (regular) (12)
$3.50
Local Cheese (1kg)
$4.00
Chicken Fillets (1kg)
$8.00
Transportation
Avg / Range
Gasoline (1 liter)
$0.50
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$30,000.00
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$100.00
Apartment (1 bedroom) Outside of Centre
$120.00
Apartment (3 bedrooms) in City Centre
$250.00
Apartment (3 bedrooms) Outside of Centre
$300.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$10.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$60.00
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$30.00
Tennis Court Rent (1 Hour on Weekend)
$10.00
Cinema, International Release, 1 Seat
$5.00
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$80.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$50.00
1 Pair of Nike Running Shoes (Mid-Range)
$70.00
1 Pair of Men Leather Business Shoes
$120.00
Salaries And Financing
Avg / Range
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
15.6%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$30.00
Maturin Cost of Living

"Key Takeaways"

Maturin offers a relatively low cost of living compared to many other cities, particularly in terms of housing and dining.

Affordable rent and inexpensive dining options make it an attractive option for those looking to save on living expenses.

However, potential residents should consider the limited availability of certain goods and services, which may affect overall living conditions.

Conclusion

In conclusion, Maturin presents a cost-effective living environment with affordable housing and dining options.

While the city offers economic advantages, it's important to weigh these against the availability of goods and services.

For those considering a move to Maturin, understanding these factors will be key to making an informed decision.