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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


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Annual Subscription = $89 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

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Bolivia, La Paz
Overview

Bolivia, La PazLa Paz is the administrative capital of Bolivia. The economy of La Paz has improved greatly in recent years. Due to the long period of high inflation and economic struggle faced by Bolivians in the 1980s and early 1990s, a large Informal Economy developed.

Bolivia is in Central South America, southwest of Brazil. The climate varies with altitude from humid and tropical to cold and semi arid.

The official language is Spanish. Bolivian Spanish – which is generally spoken slowly and clearly – is considered one of the easiest Latin American accents to understand. The indigenous Quechua and Aymara languages are widely spoken outside business circles. The main religion is Christianity.

The economy of Bolivia is characterised by the lowest GDP per capita in South America. However, the country is rich in natural resources and has the second largest natural gas reserves in South America. Bolivia is also estimated to have 50%-70% of the worlds lithium.

Bolivians are generally tolerant of expatriates, however xenophobic and openly racist sentiments are not uncommon. Formal expatriate business dress is the norm. Expatriate businesswomen are likely to be treated with consideration, however harassment of a sexual nature is not uncommon.

The security risk for expatriates in Bolivia is medium. Risks include opportunistic theft, car theft, burglaries, clashes between demonstrators and security forces, as well as violent crime primarily in impoverished urban areas. Other risks include floods and landslides during the rainy season.

The currency of Bolivia is the Bolivian Boliviano (BOB). Banking facilities, including ATM's are good in all main cities.

Medical facilities in major cities are generally good and acceptable, however elsewhere facilities may not meet acceptable standards. Cases of Zika virus have been reported. Dengue Fever and Malaria is common.

The population of La Paz is 2.3 Million (2016 est.), while the inflation rate is 1.84% (June 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in La Paz as at 1 July 2017 is low in comparison to other places in the world.

In La Paz, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very Low
2) Clothing: Average
3) Communication: Very High
4) Education: Average
5) Furniture & Appliances: High
6) Groceries: Very Low
7) Healthcare: Low
8) Household Accommodation: Average
9) Miscellaneous: High
10) Personal Care: High
11) Recreation & Culture: Average
12) Restaurants Meals Out and Hotels: Very Low
13) Transport: Average

La Paz is for example -21.3% cheaper than Houston TX for groceries, 10.8% more expensive for household costs than Kuala Lumpur, and 15.1% more expensive for transport costs than Dubai.

La Paz is ranked as a extreme hardship location.

The hardship premium for La Paz for an expat from Perth, is for example 30%, i.e. host location (La Paz) premium of 40% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in La Paz? Register subscribe to your home location and La Paz and run your personalised reports.

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