Maracaibo, V, Venezuela
Venezuela's second city and oil capital, a hot lakeside metropolis known for its unique dialect and the famous Lake Maracaibo lightning.
Above Average vs Venezuela Avg (100)
Above Average
Household income
Job market health
Maracaibo vs Venezuela Average
Taxes
- Income Tax: 34.0%
- VAT: 16.0%
Economy & Jobs
- Median Income: Bs.S 3,000
- Unemployment: 9.0%
- Population: 2,000,000
Climate
- Sunny Days: 260/year
- Summer High: 92°F
- Winter Low: 72°F
Housing
- Median Home: Bs.S40,000
- 1BR Rent: Bs.S150/mo
Cost of Living
Maracaibo's cost of living index is 105 (Venezuela average = 100).
| Category | Maracaibo | National Average | Difference |
|---|---|---|---|
| Overall | 105 | 100 | +5.0% |
| Housing | 125 | 100 | +25.0% |
Data source: INE Venezuela / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | Bs.S40,000 |
| Median Rent (1BR) | Bs.S150/mo |
| Median Rent (2BR) | Bs.S188/mo |
| Price per Sq Ft | Bs.S26 |
Data source: Consejo Nacional de la Vivienda / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Maracaibo:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | Bs.S5 | Based on ~300 kWh/month typical Venezuelan household usage |
| Heating & Cooling | N/A | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | Bs.S29 | Estimated based on local climate and electricity rates |
| Water | Bs.S2 | Includes sewer |
| Internet (100+ Mbps) | Bs.S10 | Broadband average |
| Garbage / Trash | Bs.S1 | Private service |
| Total Utilities | Bs.S47 | Monthly estimate (including heating & cooling) |
Data sources: CORPOELEC, CANTV 2025
Best Neighborhoods
Downtown Maracaibo
The heart of the city with restaurants, shops, and entertainment. Average rent: Bs.S180/mo.
Maracaibo Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: Bs.S165/mo.
East Maracaibo
Up-and-coming neighborhood with new developments and young professionals. Average rent: Bs.S135/mo.
West Maracaibo
Family-friendly area with parks and good schools. Average rent: Bs.S143/mo.
Remote Work Score
Maracaibo scores —/100 for remote work readiness:
Climate
Maracaibo has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 92°F | 72°F | 2.5" |
| April | 77°F | 87°F | 2.8" |
| July | 92°F | 67°F | 1.5" |
| October | 72°F | 90°F | 2.2" |
Taxes
- Income Tax: 34%
- VAT: 16%
- Property Tax: ~1.2% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 9.0%.
Crime & Safety
Crime rates in Maracaibo per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Maracaibo, V, Venezuela?
The cost of living index in Maracaibo is 105, which is Higher the Venezuela national average of 100.
How much does it cost to buy a home in Maracaibo?
The median home price in Maracaibo is Bs.S40,000. The housing index is 125.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Maracaibo is approximately Bs.S150/mo.
Does Maracaibo, V have income tax?
Maracaibo is in V, which has an income tax rate of 34%.
What is the climate like in Maracaibo?
Maracaibo enjoys approximately 260 sunny days per year. Summer highs reach around 92°F, while winter lows can drop to around 72°F.
Data Sources
- Cost of Living: INE Venezuela / Numbeo, 2026
- Housing Data: Consejo Nacional de la Vivienda / Numbeo, 2026
- Income & Employment: INE Venezuela Labour Force Survey, 2024
- Utilities CORPOELEC, CANTV 2025
Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.