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Home » Central and South America » How much does it cost to live in Bolivia for a month?

How much does it cost to live in Bolivia for a month?

December 14, 2021 by Bridget Gibson

Cost of living in Bolivia in a Chart

Expense USD Cost of Living in Bolivia
Health insurance $75 Cost of Living in Bolivia
Savings/Travel/Misc. $200 Cost of Living in Bolivia
Monthly total $1,543 Cost of Living in Bolivia
Rent (two-bedroom centrally located furnished apartment) $400 Cost of Living in Bolivia

https://www.youtube.com/watch?v=gd3kaMMxzHw

Contents

How much money do you need to live comfortably in Bolivia?

No one is in a rush here and life moves at a charmingly relaxed pace. It’s here where U.S. expat Nathan Salveson is living a comfortable life on well under $1,000 a month.
Example of the Cost of Living in Bolivia.

Expense U.S. $
Water $3
Gas (Propane) $5
Internet $30
Cell phone (Pay-per-minute x2) $20

How much money do I need to live in Bolivia?

A single person estimated monthly costs are 491$ (3,393Bs.) without rent. Cost of living in Bolivia is, on average, 49.56% lower than in United States. Rent in Bolivia is, on average, 74.55% lower than in United States.

Is Bolivia expensive to live in?

Bolivia is the cheapest South American country out there.The cost of living in Bolivia is cheap coz’ everything is cheap. It’s not like Colombia where you can rent for $100 per month but at the same time, you gotta pay $8-10 for a 2-hour bus ride for 150 km.

Is Bolivia a cheap place to live?

Bolivia is one of the most impoverished countries in South American. The cost of living in Bolivia has risen over the last few years, but still remains one of the cheapest countries to live in South America.

What is bad about Bolivia?

Petty and violent crime in Bolivia
Bolivia is a popular destination on the backpacker trail through South America, but petty crime, like pickpocketing and theft, is common – so be aware of your surroundings at all times.Thefts at ATMs are also becoming increasingly common, with many of them resulting in assaults.

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Is Bolivia cheaper than Peru?

Bolivia is a less expensive country ( although Peru is by no means expensive by western measures). If anything the scenery is even more impressive, especially on the Altiplano in the southwest of the country around Salar de Uyuni.

Is Bolivia safe living?

Living is a culturally diverse country to live in! Bolivia is safe to live, believe it or not, but it’s a much simpler life. Society is focused on family, rather than on working or what you own. If you already have a job (working for yourself online) and you’ve got some money, you can have a very good life in Bolivia.

How much does a house in Bolivia cost?

Residential properties in Bolivia are much cheaper than most parts of South America. One- to two-bedroom houses and condominiums are priced below US$50,000. On the other hand, larger houses with several bedrooms located in the city are sold below US$100,000.

Is Bolivia a good country to live?

Bolivia is a landlocked country in the heart of South America. It is one of the most biologically, culturally, and geographically diverse places on the planet. It has high Andean peaks, lowland Amazon jungle, and everything in between.It is generally a very safe country, as there is very little violent crime.

What country is the cheapest to live in?

10 best and cheapest countries to live in

  1. Vietnam. For those wanting to live and work in an exotic place, but not pay a fortune, Vietnam is any budget travelers dream.
  2. Costa Rica.
  3. Bulgaria.
  4. Mexico.
  5. South Africa.
  6. China.
  7. South Korea.
  8. Thailand.
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What is the minimum wage in Bolivia?

1805 Bolivian bolivianos per month
Most countries have a nation-wide minimum wage that all workers must be paid. The Bolivia minimum wage is 1805 Bolivian bolivianos per month,plus an obligatory Christmas bonus equal to one month’s pay,prorated for the amount of time the worker has worked in their present position.

What is the average salary in Bolivia?

List of American countries by monthly average wage

State Local Currency Net (USD)
Bolivia BOB $272
Dominican Republic DOP $392
Honduras
Paraguay PYG $400

How much money do you need to retire in Bolivia?

It all adds up to a monthly budget of around $1,000 for a typical retired couple. I met a few retired women who were enjoying retirement at $500 per month. In Bolivia, you will be somewhat of a pioneer.

What do houses look like in Bolivia?

Colonial Bolivian houses are built in rectangular fashion with an open patio or courtyard in the middle, around which all the rooms are built, with covered walkways the roofs of which are held up by columns or posts so you can walk all the way around the house without getting wet if it rains (right).

How much does it cost to live in La Paz?

A single person estimated monthly costs are 516$ (3,559Bs.) without rent. La Paz is 62.09% less expensive than New York (without rent). Rent in La Paz is, on average, 88.38% lower than in New York.
Cost of Living in La Paz.

Restaurants Edit
Meal, Inexpensive Restaurant 25.00Bs.
Meal for 2 People, Mid-range Restaurant, Three-course 145.00Bs.
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What is the biggest problem in Bolivia?

Impunity for violent crime and human rights violations remain serious problems in Bolivia. The administration of President Evo Morales has created a hostile environment for human rights defenders that undermines their ability to work independently.

Is Bolivia safe than Peru?

Despite being among the poorest countries in the region, Bolivia has far lower levels of theft and violent crime than in neighbouring Peru and Brazil, though in recent years crime levels have risen.

Are there drug cartels in Bolivia?

The Santa Cruz Cartel (Spanish: Cártel de Santa Cruz) is a Bolivian drug cartel and criminal organization, said to be one of the largest in the country, headquartered in Santa Cruz de la Sierra.

How many days do you need in Bolivia?

So really if you want to combine the 2 countries, I recommend you to plan at least 3 weeks and limit yourself to regions that are not too far from each other. An idea for a 3-week itinerary could be: Arriving in La Paz (3 days), then a night bus to Uyuni. Visit of Uyuni, the salar and the south lipez, 4 days.

Is English spoken in Bolivia?

English is not widely spoken at all in Bolivia, much like the rest of South America. Only the wealthy upper class and those working in tourism tend to speak the language, with most unable to understand anything at all.

Filed Under: Central and South America

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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