Bolivia is often somewhat overlooked as a destination for tourists, digital nomads and expats, overshadowed by its bigger and bossier neighbours in South America. Whilst it’s not lacking in culture, adventure, or any of the other wonderful things you’ll find throughout South America, I do also wonder if Bolivia’s distinct lack of long-term travellers and immigrants may be to do with the altitude of many major cities there.
Yes, La Paz is stunning, but it quite literally takes your breath away at 3,650m altitude.
If you’re thinking about being a digital nomad in Bolivia, moving there permanently, or staying long-term to brush up on your Spanish, it’s a good idea to learn more about the cost of living in Bolivia before you go.
The cost of living in Bolivia is lower than in most other South American countries usually visited by tourists, like Colombia, Peru or Chile. However, it is still not the lowest in South America, with countries like Paraguay and Uruguay with even lower costs of living.
In this guide, I’ll break down the cost of living in Bolivia, listing the average prices of things in Bolivia in US Dollars so you have an easy comparison.
Contents
- Why Choose Bolivia for Affordable Living?
- Overview of Monthly Costs in Bolivia
- Accommodation Costs in Bolivia
- Food and Grocery Expenses
- Transportation Costs
- Utilities and Internet
- Healthcare Costs
- Leisure and Entertainment
- Tips for Living Affordably in Bolivia
- FAQs on the Cost of Living in Bolivia
- Conclusion
Why Choose Bolivia for Affordable Living?
Bolivia is one of the most budget-friendly countries in South America, making it a perfect choice for those seeking adventure and cultural immersion without spending a fortune. Its low cost of living allows for a comfortable lifestyle, whether you’re exploring the vibrant cities, relaxing in peaceful mountain villages, or venturing into its stunning natural landscapes.
The country’s affordability is complemented by its unique culture and traditions, which blend Indigenous and Spanish influences. Bolivia offers a variety of lifestyles, from urban living in cities like La Paz and Santa Cruz to the slower pace of life in towns like Sucre or Copacabana. Whether you’re staying short-term or considering a longer move, Bolivia makes it easy to stretch your budget.
Overview of Monthly Costs in Bolivia
Bolivia’s cost of living varies depending on your location and lifestyle, but overall, it’s one of the cheapest destinations in South America. Here’s a general breakdown of typical monthly expenses for a single person.
| Expense Category | Budget ($) | Mid-Range ($) | High-End ($) |
|---|---|---|---|
| Accommodation | 150–300 | 400–700 | 900+ |
| Groceries | 100–150 | 200–300 | 400+ |
| Eating Out | 50–100 | 150–300 | 400+ |
| Transportation | 10–30 | 50–100 | 200+ |
| Utilities (electricity, water, etc.) | 20–50 | 80–150 | 200+ |
| Internet | 20–50 | 50–70 | 100+ |
| Healthcare | 30–80 | 150–300 | 500+ |
| Leisure and Activities | 30–70 | 100–200 | 300+ |
| Total | 410–830 | 1,180–2,170 | 3,000+ |
Accommodation Costs in Bolivia
Housing in Bolivia is highly affordable, with options ranging from budget-friendly shared apartments to upscale private homes. Major cities like La Paz and Santa Cruz tend to have higher rents, while smaller towns and rural areas offer even cheaper options. Short-term stays are readily available on platforms like Airbnb, while long-term renters can often negotiate lower rates directly with landlords.
| Type of Accommodation | Monthly Rent in La Paz ($) | Monthly Rent in Santa Cruz ($) | Monthly Rent in Sucre ($) |
|---|---|---|---|
| Shared Room/Hostel | 100–200 | 150–300 | 100–200 |
| Studio Apartment | 200–400 | 300–600 | 200–400 |
| 1-Bedroom Apartment | 300–500 | 400–700 | 300–500 |
| 3-Bedroom House | 600–1,000 | 800–1,500 | 500–1,000 |
Many expats opt for furnished apartments, which typically cost $50–$100 more than unfurnished rentals. Utilities are usually separate but remain affordable.
Food and Grocery Expenses
Bolivia’s food scene is diverse and affordable, with fresh produce and local staples available at markets and supermarkets. Cooking at home is the cheapest option, while dining out at local restaurants or street vendors also provides excellent value.
| Grocery Item | Average Price ($) |
|---|---|
| Milk (1 litre) | 1–2 |
| Bread (loaf) | 1–2 |
| Eggs (dozen) | 2–3 |
| Chicken (1kg) | 3–5 |
| Rice (1kg) | 1–2 |
| Fresh Fruit (per piece) | 0.30–1 |
| Vegetables (per kilo) | 1–2 |
Dining out is an affordable luxury in Bolivia. Local dishes like salteñas (savory pastries) and silpancho (a meat and rice dish) can be found for just a few dollars at neighbourhood eateries or street stalls.
| Type of Meal | Cost ($) |
|---|---|
| Street Food Snack | 1–2 |
| Local Restaurant Meal | 3–8 |
| Mid-Range Restaurant (3 courses) | 15–30 |
| High-End Restaurant (per person) | 40+ |
Transportation Costs
Getting around Bolivia is inexpensive, whether you’re using local buses, shared taxis, or even private vehicles. Public transportation is the most cost-effective option, with minibuses (known as trufis) and buses covering most urban and rural routes.
| Transportation Type | Cost ($) |
|---|---|
| Local Bus or Minibus Ride | 0.30–1 per trip |
| Taxi (short trip) | 2–5 |
| Taxi (per km) | 1–2 |
| Monthly Fuel Costs (for car) | 50–100 |
Longer journeys between cities can be made via buses, with fares ranging from $5–20 depending on the distance and level of comfort. For added convenience and safety, rideshare apps like Uber operate in Santa Cruz and La Paz.
Utilities and Internet
Utilities in Bolivia are very affordable, with costs varying based on usage and the size of your home. Electricity tends to be the most significant expense, especially in warmer regions where air conditioning is used. Internet access is widely available in urban areas, although speeds can vary.
| Utility | Monthly Cost ($) |
|---|---|
| Electricity | 15–40 |
| Water | 5–10 |
| Gas (cooking/heating) | 5–20 |
| Internet (20–50 Mbps) | 20–50 |
Healthcare Costs
Healthcare in Bolivia is accessible and affordable, with both public and private options available. Private clinics and hospitals are often preferred by expats and travellers due to their higher quality of care and shorter wait times.
| Healthcare Service | Cost ($) |
|---|---|
| GP Consultation | 10–30 |
| Specialist Appointment | 30–80 |
| Prescription Medication | 5–15 |
| Health Insurance (private) | 50–200 per month |
Emergency care and specialist services are generally more affordable than in many other countries, making Bolivia an attractive option for medical tourism.
Leisure and Entertainment
Bolivia offers a wide range of affordable leisure activities, from exploring the famous Salar de Uyuni to hiking in the Andes and enjoying cultural events in cities like La Paz. Entry fees to attractions and activities are typically very low.
| Activity | Cost ($) |
|---|---|
| Cinema Ticket | 4–8 |
| Gym Membership (monthly) | 10–30 |
| Yoga Class | 5–10 per class |
| Entry to National Parks/Ruins | 5–15 |
Outdoor activities like hiking, cycling, and visiting local markets are often free or come at a minimal cost, allowing you to enjoy Bolivia’s natural beauty on any budget.
Tips for Living Affordably in Bolivia
Shopping at local markets is one of the best ways to save money on groceries while experiencing Bolivian culture firsthand. Consider using public transportation or shared taxis to keep travel costs down, and don’t hesitate to negotiate rent for long-term stays. For dining out, look for local comedores (small eateries) where you can enjoy authentic Bolivian meals for just a few dollars.
Cost of Living in Bolivia FAQs
How much money do I need to live comfortably in Bolivia?
A single person can live comfortably in Bolivia on $1,180-2,170 per month, including accommodation, food, transport, and leisure activities. Budget-conscious individuals can live on as little as $410-830 monthly, while those seeking a more luxurious lifestyle might spend $3,000 or more.
Is Bolivia expensive compared to other South American countries?
Bolivia is one of the most affordable countries in South America, with lower living costs than popular destinations like Colombia, Peru, and Chile. However, countries like Paraguay and Uruguay can be even more economical in certain aspects.
What is the average rent in major Bolivian cities?
Rental costs vary significantly between cities. In La Paz, a one-bedroom apartment typically costs $300-500 monthly, while similar accommodation in Santa Cruz ranges from $400-700. Sucre offers more affordable options, with one-bedroom flats available for $300-500.
How much should I budget for food and groceries in Bolivia?
A single person typically spends $100-300 monthly on groceries, depending on shopping habits. Dining out can cost anywhere from $1-2 for street food to $15-30 for a mid-range restaurant meal.
Is healthcare affordable in Bolivia?
Yes, healthcare in Bolivia is quite affordable. GP consultations cost $10-30, whilst private health insurance ranges from $50-200 monthly. Many expats prefer private clinics, which offer higher quality care whilst remaining reasonably priced compared to Western countries.
What are the typical utility costs in Bolivia?
Monthly utilities are very affordable in Bolivia. Expect to pay $15-40 for electricity, $5-10 for water, and $20-50 for internet service. Total utility costs typically range from $20-50 for budget living to $80-150 for mid-range consumption.
Conclusion
Bolivia offers an unbeatable combination of affordability, cultural richness, and stunning natural beauty. With its low cost of living, you can enjoy a high quality of life while exploring everything this diverse country has to offer. Whether you’re drawn to its bustling cities, serene landscapes, or rich traditions, Bolivia provides an exceptional lifestyle for travellers, expats, and digital nomads alike. By planning your expenses carefully and taking advantage of Bolivia’s affordability, you can create unforgettable memories while staying well within your budget.