What’s the cost of living in Bolivia?

What is the average income in Bolivia?

Gross national income per capita in Bolivia from 2010 to 2020 (in U.S. dollars)

Characteristic Income per capita in U.S. dollars
2020 3,200
2019 3,530
2018 3,370
2017 3,090

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

A couple could live well in Sucre on $1,000 a month, Steve says. A single person could live on $600 to $800. And that low-cost lifestyle is not one of minimalistic denial. Sucre is a hub of tourism and as such has varied restaurants, cafés, and entertainment venues.

Is it cheap to live in Bolivia?

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 good place to live?

Bolivia is poor, with a per-capita income of less than $6,000. But few of it’s people lack the basics like food, shelter, and access to education and healthcare. It is generally a very safe country, as there is very little violent crime.

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Is healthcare free in Bolivia?

In 2010, Bolivia created a free Unified Health System (SUS in Spanish) that provided health coverage to 70% of the population which took effect on January 1, 2011. … As a percentage of its national budget, Bolivia’s health care expenditures are 4.3 percent, also on a par with regional norms.

How much is monthly salary in Bolivia?

Bolivia Monthly Earnings stood at 705 USD in Dec 2020, compared with the previous figure of 698 USD in Dec 2019. Bolivia Monthly Earnings data is updated yearly, available from Dec 1996 to Dec 2020, with an average number of 354 USD.

Is Bolivia cheaper than Colombia?

Colombia is 24.3% cheaper than Bolivia.

Can a US citizen live in Bolivia?

The term for this temporary residence visa is for one or two years. It’s renewable. But after two years in the country, you can apply for permanent residence. … U.S. citizens must get a special tourist visa from a Bolivian consulate or embassy to enter the country.

Can I retire in Bolivia?

Retire in Bolivia – Visas and Residence Permit

If you want to continue your stay, you apply for an extension through Administración Nacional de Migración (National Migration Service). However, there is no formal retiree visa.

Is Bolivia safe living?

Safety and Security in Bolivia

Bolivia boasts one of the lowest crime rates in South America and most major cities have a medium threat level for crime — comparable to larger cities in the United States of America. Santa Cruz is the only city that has a high threat level for crime.

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How much is a bottle of water in Bolivia?

without rent. Cost of living in Bolivia is, on average, 49.77% lower than in United States.

Cost of Living in Bolivia.

Restaurants Edit
Water (1.5 liter bottle) 7.45Bs.
Bottle of Wine (Mid-Range) 40.00Bs.
Domestic Beer (0.5 liter bottle) 13.33Bs.
Imported Beer (12 oz small bottle) 18.95Bs.

Can Americans buy property in Bolivia?

Foreigners have the same rights as locals when it comes to buying real estate in Bolivia, there are no restrictions. Foreigners can own property in their own name here and you can obtain residence by owning property. There is no title insurance in Bolivia to be sure to do your homework before you pay any money.