Cost of living in Bolivia

Summary of cost of living in Bolivia

  • Family of four estimated monthly costs: $b13,119
  • Single person estimated monthly costs: $b5,258
  • Bolivia is the cheapest country in Latin America (16 out of 16)
  • Bolivia is the 3rd cheapest country in the World (64 out of 66)
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Food
Basic lunchtime menu (including a drink) in the business district $b57
Combo meal in fast food restaurant (big mac meal or similar) $b49
500 gr (1 lb.) of boneless chicken breast $b15
1 liter (1 qt.) of whole fat milk $b7
12 eggs, large $b13
1 kg (2 lb.) of tomatoes $b6
500 gr (16 oz.) of local cheese $b20
1 kg (2 lb.) of apples $b12
1 kg (2 lb.) of potatoes $b8
0.5 l (16 oz) domestic beer in the supermarket $b12
1 bottle of red table wine, good quality $b52
2 liters of coca-cola $b10
Bread for 2 people for 1 day $b4.48
Housing
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area $b3,186
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area $b2,200
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat $b347
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area $b2,412
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area $b1,543
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio $b281
Internet 8 mbps (1 month) $b133
40” flat screen tv $b2,533
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) $b1,210
Laundry detergent (3 l. ~ 100 oz.) $b45
Hourly rate for cleaning help $b35
Clothes
1 pair of jeans (levis 501 or similar) $b441
1 summer dress in a high street store (zara, h&m or similar retailers) $b280
1 pair of sport shoes (nike, adidas, or equivalent brands) $b610
1 pair of men’s leather business shoes $b529
Transportation
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new $b114,602
1 liter (1/4 gallon) of gas $b3.88
Monthly ticket public transport $b177
Personal Care
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) $b58
1 box of antibiotics (12 doses) $b57
Short visit to private doctor (15 minutes) $b206
1 box of 32 tampons (tampax, ob, ...) $b39
Deodorant, roll-on (50ml ~ 1.5 oz.) $b25
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) $b28
4 rolls of toilet paper $b10
Tube of toothpaste $b12
Standard men's haircut in expat area of the city $b79
Entertainment
Basic dinner out for two in neighborhood pub $b96
2 tickets to the movies $b88
2 tickets to the theater (best available seats) $b190
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert $b208
1 cocktail drink in downtown club $b36
Cappuccino in expat area of the city $b24
1 beer in neighbourhood pub (500ml or 1pt.) $b21
Ipad wi-fi 128gb $b4,200
1 min. of prepaid mobile tariff (no discounts or plans) $b1.06
1 month of gym membership in business district $b363
1 package of marlboro cigarettes $b20

Map of Cost of Living in Bolivia

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This map shows only the top cities in Bolivia. We also have on this page a list of all the cities available in Expatistan:
List of all the cities available in Expatistan

The color of each marker corresponds with the cost of living in the city red markers show more expensive cities green ones show cheaper cities
Moving the mouse on top of a city will show its name and the Cost of Living Index of that city.

What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

Cost of Living Ranking in Bolivia

(top cities by data quality)

Ranking City Price Index *
1st Trinidad, Bolivia 84
2nd Riberalta 80
3rd Santa Cruz de la Sierra 61
4th La Paz, Bolivia 60
5th Cochabamba 51

Price Index:

To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.

Are you moving to Bolivia? Do you know how much money you will need there to maintain your current standard of living?

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