Cost of living and prices in La Paz, prices of food, rent, shopping, etc. 🇧🇴
Updated Jul 2023

Located in the heart of South America, La Paz, Bolivia is one of the most culturally rich and diverse cities in the region. At an elevation of 3782 meters above sea level, La Paz is one of the highest cities in the world, offering breathtaking views of the surrounding Andes mountains.

Despite its high elevation, La Paz is an affordable place to live, with a low cost of living and a variety of options for dining, entertainment, and shopping. Whether you're looking for authentic Bolivian cuisine, traditional handicrafts, or modern amenities, La Paz has something for everyone. So if you're looking to experience a unique and vibrant culture without breaking the bank, La Paz, Bolivia is the place to be.

If you're planning a move to La Paz, Bolivia, it's important to understand the local cost of living. The good news is that compared to many other major cities in South America, La Paz is relatively inexpensive, with affordable housing, food, and entertainment options available throughout the city. However, it's still important to budget carefully and plan ahead to ensure that you have the resources you need to live comfortably in this dynamic and exciting city.

In addition to its rich culture and affordable cost of living, La Paz is also home to some of the most beautiful natural scenery in the world. From the snow-capped peaks of the Andes Mountains to the lush valleys and sparkling lakes of the surrounding countryside, La Paz offers endless opportunities for outdoor adventure and exploration. So if you're looking for a place where you can live, work, and play in harmony with the natural world, La Paz, Bolivia is the perfect destination.

Cost of Living Estimate in La Paz

Total cost of living in La Paz for two person with average consumption for one month will be 796.79 USD, no rent price included. Click here to calculate cost-of-living estimate in La Paz

You can calculate cost of living in La Paz by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

La Paz, Bolivia is a bustling city with many dining options for travelers. One popular option is to try the local street food, which can be found throughout the city. Some of the most popular dishes include salteñas, savory pastries filled with meat and vegetables, and anticuchos, skewers of grilled meat. For those looking for more upscale dining options, there are also many restaurants that serve traditional Bolivian cuisine as well as international dishes. Popular restaurant areas include Sopocachi and Calacoto.

If you're looking for something unique and adventurous, try the restaurants that serve coca-based dishes. Coca is a plant that grows in the Andes and is commonly chewed or brewed into tea for its stimulating and medicinal properties. Some restaurants in La Paz incorporate coca leaves or flour into their dishes, such as coca bread or coca soup. It's definitely an interesting culinary experience that shouldn't be missed while in Bolivia. Overall, there are many options to satisfy your appetite in La Paz, from street food to fine dining, and plenty of opportunities to try the local cuisine.

Meal in Inexpensive Restaurant
3.27 $
Meal for 2 People, Mid-range Restaurant, Three-course
21.06 $
McMeal at McDonalds or Alternative Combo Meal
6.90 $
Domestic Beer, 0.5 liter Draught
2.18 $
Imported Beer, 0.33 liter Bottle
3.63 $
2.62 $
Coca-Cola, 0.33 liter Bottle
0.92 $

Markets prices

Market prices in La Paz, Bolivia can vary depending on a variety of factors. Generally speaking, the local markets offer some of the most affordable prices for fresh produce and goods. You can find everything from fruits and vegetables to textiles and household goods at the markets. However, prices tend to be slightly higher in the tourist areas or in more affluent neighborhoods.

One thing to keep in mind when shopping in La Paz markets is that many prices are negotiable. If you're purchasing multiple items or buying in bulk, it's always worth asking for a discount. Additionally, it's important to keep an eye out for quality. Cheaper prices may mean lower quality products, so be sure to inspect items carefully before purchasing. Overall, shopping in La Paz markets is a great way to experience the local culture and get a good deal on everyday goods.

Water, 0.33 liter Bottle
0.79 $
Milk, Regular,1 liter
0.98 $
Loaf of Fresh White Bread, 0.5 kg
1.09 $
White Rice, 1 kg
1.20 $
Eggs, 12 pack
1.58 $
Local Cheese, 1 kg
5.22 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.96 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
6.30 $
Apples, 1 kg
3.04 $
Banana, 1 kg
1.58 $
Oranges, 1 kg
1.62 $
Tomato, 1 kg
1.25 $
Potato, 1 kg
1.11 $
Onion, 1 kg
0.90 $
Lettuce, 1 head
0.95 $
Water, 1.5 liter Bottle
1.06 $
Bottle of Wine, Mid-Range Price
5.81 $
Domestic Beer, 0.5 liter Bottle
2.32 $
Imported Beer, 0.33 liter Bottle
2.93 $
Pack of Cigarettes
2.18 $

Transportation prices

If you're traveling to La Paz, Bolivia, you may be surprised to find that there are no public transportation systems in the city. However, that doesn't mean you're limited in your options for getting around. Taxis are a popular choice among locals and tourists alike, and are easily hailed from the street. Just be sure to negotiate the fare before getting into the cab - prices can vary depending on the driver and the destination. Alternatively, you can take advantage of the city's cable car system, which offers incredible views of the surrounding mountains and is an affordable way to travel between neighborhoods and other areas of the city.

If you're feeling adventurous and want to explore some of the stunning landscapes and natural wonders outside of La Paz, consider renting a car or taking a bus tour. The roads in Bolivia can be rugged and unpaved in some areas, so it's important to be a confident driver or choose a reputable tour company with experienced drivers. Some of the popular destinations outside of La Paz include Lake Titicaca, the Tiwanaku archaeological site, and the Salar de Uyuni salt flats. No matter how you choose to get around, be sure to take the time to take in the breathtaking scenery that Bolivia has to offer.

One-way Ticket, Local Transport
0.36 $
Monthly Pass, Regular Price
39.93 $
Taxi Start, Normal Tariff
1.60 $
Taxi, price for 1 km, Normal Tariff
1.74 $
Taxi, price for 1 hour Waiting, Normal Tariff
7.26 $
Gasoline, 1 liter
0.55 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
18,035.76 $

Utilities Per Month prices

As a traveler in La Paz, Bolivia, it's important to be aware of the utilities cost in the area. The cost of electricity, gas, and water can vary depending on the location and type of accommodation you choose. It's recommended to research the utilities cost before booking to avoid any unexpected expenses. Some accommodations offer all-inclusive rates that cover utilities, while others may charge separately. Additionally, it's important to be mindful of energy usage to avoid excess charges. Conserving water and turning off lights and appliances when not in use can help keep utilities cost low.

Furthermore, it's important to note that the utilities cost in La Paz may be lower compared to other major cities. This is due to the country's abundance of natural resources, such as hydroelectric power and natural gas. As a result, utilities cost in La Paz can be relatively affordable, especially compared to other popular tourist destinations. However, travelers should still be conscious of their energy and water consumption to not only save money but also to reduce their environmental impact. By being mindful of utilities cost and conservation, travelers can enjoy a comfortable and sustainable stay in La Paz, Bolivia.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
37.20 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.19 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
48.65 $

Sports And Leisure prices

If you're a sports enthusiast, you'll find plenty of activities to participate in while in La Paz, Bolivia. The city's high altitude makes it an ideal spot for hiking or trekking adventures in the surrounding Andes mountains. You can embark on guided tours or set out on your own to explore the beautiful natural landscapes. If you prefer a more adrenaline-pumping activity, how about mountain biking? There are plenty of trails around La Paz offering a thrilling ride through the mountains. For those who prefer something a little less extreme, there are also options for leisurely bike tours around the city.

When it comes to leisure, La Paz offers something for everyone. The city's historic center is a UNESCO World Heritage Site and boasts numerous attractions, from museums and galleries to bustling markets and lively bars and restaurants. You can spend hours wandering around the narrow streets, soaking up the vibrant culture and sampling the local cuisine. If you're looking for a more tranquil experience, head to one of the many parks in and around the city. The La Paz Botanical Garden is a popular spot for a peaceful stroll, while Valle de la Luna offers a unique natural landscape of unusual rock formations that are sure to fascinate visitors of all ages.

Fitness Club, Monthly Fee for 1 Adult
49.13 $
Tennis Court Rent, 1 Hour on Weekend
14.29 $

Salaries And Financing prices

If you're planning on traveling to La Paz, Bolivia, it's helpful to have an understanding of salaries and financing in the city. The cost of living in La Paz is generally lower than in other major cities in South America, so you can generally expect your money to go further. However, salaries in Bolivia are also generally lower than in other countries, so it's important to budget accordingly.

When it comes to financing while in La Paz, it's important to know that credit cards are not widely accepted. You'll want to make sure you have cash on hand, and be prepared for frequent trips to the ATM. Exchange rates also play a big role in your finances while in La Paz, so it's important to keep an eye on the rate and make sure you're not getting ripped off by exchange services. Overall, with some planning and budgeting, you can have a great time in La Paz without breaking the bank.

Cinema ticket, 1 Seat
6.53 $
Average Monthly Net Salary, After Tax
514.49 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
7.25 %

Childcare prices

Childcare prices in La Paz, Bolivia vary depending on the type of institution. Many parents opt to send their children to public schools, which are free or have low fees. However, others prefer to enroll their children in private schools, which can offer better amenities and education quality. Private schools tend to be more expensive, but they also offer a wider range of services, such as transportation, meals, and extracurricular activities.

When it comes to Kindergartens, there are many options available to parents in La Paz. Some Kindergartens are part of the public school system and offer free or low-cost services. Others are run by private institutions and charge higher fees, but they also provide more personalized attention and a more engaging learning environment. Many Kindergartens in La Paz also offer full-time services, which can be convenient for working parents who need to leave their children in a safe and secure environment during the day. Overall, childcare prices in La Paz are varied and affordable, depending on the needs and preferences of each family.

Private Preschool or Kindergarten, Monthly for 1 Child
225.17 $
International Primary School, Yearly for 1 Child
4,007.88 $

Clothing And Shoes prices

La Paz, Bolivia offers a wide range of clothing and footwear options for locals and tourists alike. From extravagant traditional garments to modern fashion pieces, you'll find everything at affordable prices. For a more local shopping experience, head over to the Witches Market where vendors sell handmade alpaca wool sweaters, ponchos, and traditional Andean hats. Along with clothing, you'll also find an array of footwear options ranging from sturdy hiking boots to trendy sneakers.

If you prefer shopping in more contemporary stores, La Paz has several shopping malls that cater to all budget ranges. From high-end designer stores to more affordable chains, you'll find everything you need in these malls. Some of the most popular shopping destinations include the MegaCenter, Prado, and Multicine. With an extensive selection of local and international brands, you're sure to find some trendy new additions to your wardrobe.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
53.59 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
44.29 $
Pair of Running Shoes, Mid-Range Price
73.88 $
Pair of Leather Business Shoes
60.02 $

Rent Per Month prices

La Paz, Bolivia is a bustling city that has a range of accommodation options for short stays. From budget-friendly hostels to luxury hotels, there is something for every budget. If you're looking for a more unique experience, there are also plenty of Airbnb options available in the city. Whether you're traveling solo or with a group, there are apartments and homes to suit your needs.

When it comes to short-term rentals in La Paz, you'll find plenty of options in both the city center and surrounding neighborhoods. Many of these rentals come fully equipped with amenities like kitchens and laundry facilities, making them a great choice for travelers who want to feel at home during their stay. While prices vary depending on the type of accommodation you choose, you can generally find options that fit your budget no matter what your price range is.

One bedroom apartment in city centre
339.41 $
One bedroom apartment outside of city centre
263.20 $
Three bedroom apartment in city centre
621.62 $
Three bedroom apartment outside of city centre
564.05 $

Buy Apartment prices

La Paz, Bolivia has been receiving more international attention for its real estate market. Buyers can choose between newly built apartments or colonial-style houses. The former offers modern facilities and is typically located in the city center, while the latter is more spacious and located in the suburbs. The prices vary depending on the location and the type of property. Nevertheless, real estate prices in La Paz are relatively low compared to other countries in the region, making it an attractive destination for real estate investment.

For those who are looking for investment opportunities, purchasing real estate in La Paz could be a great choice. The rental market is on the rise in Bolivia, particularly in the capital city. Investors can expect a decent return on their investment, especially if they rent out properties in popular tourist areas. Additionally, the government of Bolivia has implemented policies for foreign investment, making it easier for foreigners to purchase property in the country. Overall, the real estate market in La Paz has a wide range of buying options, offering different styles and prices suitable for all budgets and preferences.

Price per m2 to Buy Apartment in City Center
1,175.40 $
Price per m2 to Buy Apartment Outside of City Center
953.63 $