What is the average cost of housing in Caracas?

"The average cost of housing in Caracas can vary greatly depending on the area and type of property. However, due to the country's ongoing economic crisis and hyperinflation, housing prices have significantly decreased in recent years. As of 2021, it is difficult to provide an accurate average cost for housing in Caracas, as prices can fluctuate rapidly and dramatically," commented one expat who made the move to Caracas, Venezuela.

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"In comparison to South Florida, housing prices are much more expensive. There are expats who pay 3,000 Euro for a 3 bedroom, two bathroom apartment. I would say the average cost for a 2 bedroom, 2 bathroom apartment is about $1,200," remarked another expat in Caracas, Venezuela.