Mérida, L, Venezuela
A highland university city in the Andes, known for its cable car, colonial architecture, and outdoor adventure sports.
Below Average vs Venezuela Avg (100)
Above Average
Household income
Job market health
Mérida vs Venezuela Average
Taxes
- Income Tax: 34.0%
- VAT: 16.0%
Economy & Jobs
- Median Income: Bs.S 2,800
- Unemployment: 9.0%
- Population: 350,000
Climate
- Sunny Days: 180/year
- Summer High: 74°F
- Winter Low: 50°F
Housing
- Median Home: Bs.S35,000
- 1BR Rent: Bs.S150/mo
Cost of Living
Mérida's cost of living index is 95 (Venezuela average = 100).
| Category | Mérida | National Average | Difference |
|---|---|---|---|
| Overall | 95 | 100 | -5.0% |
| Housing | 110 | 100 | +10.0% |
Data source: INE Venezuela / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | Bs.S35,000 |
| Median Rent (1BR) | Bs.S150/mo |
| Median Rent (2BR) | Bs.S188/mo |
| Price per Sq Ft | Bs.S23 |
Data source: Consejo Nacional de la Vivienda / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Mérida:
| 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) | N/A | 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.S18 | Monthly estimate (including heating & cooling) |
Data sources: CORPOELEC, CANTV 2025
Best Neighborhoods
Downtown Mérida
The heart of the city with restaurants, shops, and entertainment. Average rent: Bs.S180/mo.
Mérida Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: Bs.S165/mo.
East Mérida
Up-and-coming neighborhood with new developments and young professionals. Average rent: Bs.S135/mo.
West Mérida
Family-friendly area with parks and good schools. Average rent: Bs.S143/mo.
Remote Work Score
Mérida scores —/100 for remote work readiness:
Climate
Mérida has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 70°F | 50°F | 2.5" |
| April | 59°F | 65°F | 2.8" |
| July | 74°F | 49°F | 1.5" |
| October | 54°F | 68°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 Mérida 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 Mérida, L, Venezuela?
The cost of living index in Mérida is 95, which is Lower the Venezuela national average of 100.
How much does it cost to buy a home in Mérida?
The median home price in Mérida is Bs.S35,000. The housing index is 110.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Mérida is approximately Bs.S150/mo.
Does Mérida, L have income tax?
Mérida is in L, which has an income tax rate of 34%.
What is the climate like in Mérida?
Mérida enjoys approximately 180 sunny days per year. Summer highs reach around 74°F, while winter lows can drop to around 50°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.