Isla de Margarita, Venezuela

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Est. Monthly Cost (1 Person)
Retiree Score
65.0
Safety Index
19.3
Healthcare
3 facilities

With a population of just under 440,000, Isla de Margarita is a major tourist draw, but the reality on the ground is far from the picturesque images. The island's duty-free status has made it a hub for organized crime, with the primary industry of tourism declining 90% between 2010 and 2020 due to safety concerns. Bureaucracy is a persistent headache, and the tropical climate, while sunny, can be oppressive. This island may appeal to the adventurous, but for most, the risks likely outweigh the rewards.

Can I afford Isla de Margarita?

$

You could save

$2083 / month

Savings Rate69%
Rent $300
Living Costs $617
19
Safety
3
Healthcare
80
Walkability
5
Nomad

Grocery Basket

Milk (1L)$2
Bread (loaf)
Eggs (12)$2
Rice (1kg)$2
Chicken (1kg)

Eating Out

Meal (Inexpensive)$10
Meal (Mid-range)$100
Cappuccino$3
Water (0.33L)$2

Utilities & Lifestyle

Utilities (mo)$30
Mobile Plan (mo)$15
Gym (mo)$50
Cinema Ticket$5

Housing

1BR Center (mo)$300
1BR Outside (mo)
3BR Center (mo)$500
3BR Outside (mo)

Expat Life

English Proficiency
Expat Community
Top Neighborhoods
Elevation
520m
Nearest Airport
PMV (9km)

Local Economy

Avg Monthly Salary
Mortgage Interest Rate
N/A

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
Annual Rainfall
549 mm
Coworking Spaces
Best Months to Visit
May, Jun, Jul, Aug

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