To live in Bolivia as if you were in the US, you will need around $1,742. The average cost of living in Bolivia to match the standard of living of a common US citizen is $1,742. The average cost of living in Bolivia is $491 a month, nearly 1/10 when compared to the average cost in the US of $5,101 a month. Living Bolivia is significantly cheaper than living in the United States if you want to reach the same standard and quality of living, while poor and middle class people need around $500 to live without any important necessity in the country high income people will reach almost the same quality of living as an American if they only spent between $1,000 to $2,000 per month.