×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Cost of Living in Bolivia | Expat Exchange
Expat Exchange
Free MembershipSign In

Cost of Living in Bolivia

By Betsy Burlingame

Last updated on Jun 13, 2023

Summary: The cost of living in Bolivia is relatively low compared to other countries. A nice one bedroom apartment in Bolivia can cost anywhere from $200 to $400 per month, while a nice two bedroom apartment can cost from $400 to $600 per month. Dinner at a moderately priced restaurant in Bolivia can cost anywhere from $10 to $20 per person.

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

Is the cost of living in Bolivia high?

We asked people how much they someone comfortably live on in Bolivia, they wrote:

"The cost of living in Bolivia is generally considered to be quite low compared to other countries in the region. Basic necessities such as food, transportation, and housing are relatively inexpensive, and the cost of entertainment and leisure activities is also quite affordable. In addition, Bolivia has a wide range of accommodation options, from budget hostels to luxury hotels, so it is possible to find something to suit any budget," said one expat in Bolivia.

SJB GlobalSJB Global
Connect

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Click connect to have our partner contact you via e-mail and/or phone.

SJB GlobalSJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

Will I save money living in Bolivia?

"Living in Bolivia can be significantly cheaper than living in the United States. The cost of living in Bolivia is much lower than in the United States, with basic necessities such as food, transportation, and housing costing significantly less. Additionally, Bolivia has a much lower tax rate than the United States, which can help to further reduce the cost of living," said one person in Bolivia.

What is the average cost of housing in Bolivia?

If you are thinking about moving to Bolivia, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Bolivia varies greatly depending on the location and type of housing. Generally, housing in the cities is more expensive than in rural areas. Renting an apartment in a city can cost anywhere from $200 to $500 per month, while renting a house in a rural area can cost as little as $50 per month," remarked one in Bolivia.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What are typical rental prices for expats in Bolivia?

"The rental price for a nice 1 bedroom apartment in Bolivia can vary depending on the location, but generally ranges from around $400 to $800 per month. For a nice 2 bedroom apartment, the rental price can range from around $600 to $1,200 per month," commented one expat living in Bolivia.

What appliances are typically included in a rental?

We asked foreigners in Bolivia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Bolivia typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, some may also include a clothes dryer," said one expat.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Cigna Global Health
Cigna Global Health

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides