MigrantoCost of living in Bolivia
Average monthly spending, by standard of living and against other countries
Monthly cost
BOB 1,890
what a typical person spends
Spending by standard of living
BOB 678richest 20%
BOB 5,900
Bolivia is landlocked and high in the Andes, leaning on natural gas, mining, and a great deal of homegrown food. Local produce and labor come cheap, and the currency has long been held steady, so prices don't lurch the way they do elsewhere — though anything trucked in from a distant port carries the cost of the trip. Beneath those low prices runs a yawning gap between the people who live well and the people who don't.
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What it costs to live in Bolivia
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Bolivia and how much you could have left each month
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Cost of living in Bolivia
BOB 678/mo
vs BOB 5,540 in your country
Take-home
BOB 1,920
vs BOB 8,300 in your country
Potential savings
BOB 1,250
more than in your country
Standard of living
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How living costs in Bolivia compare
Globally, Bolivia comes out around the middle, but within Latin America it's about as inexpensive as the region gets. That rests on genuinely low wages alongside cheap local food and housing — a place where a small income goes a long way compared with almost anywhere nearby, even as it stays middling on the world map.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the cost of living in Bolivia?
A typical person in Bolivia spends about BOB 1,890 a month — around BOB 22,700 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the cost of living in Bolivia in US dollars?
The cost of living in Bolivia is about $273 a month, or roughly $3,276 a year per person.
How much money do you need to live comfortably in Bolivia?
It all depends on your standard of living. A modest budget runs about BOB 678 a month per person, a typical one around BOB 1,890, and a comfortable life around BOB 2,800. In big cities and for a family, costs are usually higher.
Is the average salary in Bolivia enough to live on?
Yes, with room to spare. Average spending is about BOB 1,890 a month, while the average take-home pay in Bolivia is about BOB 3,580. For more on incomes, see salaries in Bolivia.
Is Bolivia an expensive country to live in?
Somewhat. Bolivia is more expensive than 42% of countries worldwide and ranks 30th of 33 in Latin America by cost of living.
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Living in Bolivia
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