Did you know that according to the 2021 Worldwide Cost of Living Survey, Bolivia is the cheapest country in LATAM to live in? In this blog post, Jonathan Dax Cooke walks you through some of the reasons why this is so and takes a look at some of the different costs of living there. So if you’re thinking about making a move to Latin America, Bolivia should definitely be on your list!
Jonathan Dax Cooke Talks About The Cheapest Country in LATAM
Bolivia is often hailed as the cheapest country in Latin America to live in. And, as per Jonathan Dax Cooke, it’s not hard to see why. The cost of living is relatively low, and you can get by on a tight budget if you’re careful.
Of course, Bolivia is not without its challenges. The infrastructure is often poor, and basic services can be patchy. But for those who are willing to rough it a bit, Bolivia offers a great lifestyle at a fraction of the cost of other Latin American countries.
If you’re looking to save money, Bolivia is definitely worth considering. Here’s a breakdown of some of the main costs you’ll need to consider:
Accommodation: Accommodation costs in Bolivia are very reasonable. You can expect to pay around $200-300 per month for a basic apartment. If you’re willing to share a place with roommates, you can cut your costs even further.
Food: Food is relatively cheap in Bolivia, especially if you stick to local dishes. A meal in a basic restaurant will cost you around $2-3, and you can find plenty of street food for even less.
Transportation: Getting around Bolivia is relatively cheap, as long as you’re not relying on taxis all the time. Public transport is very affordable, and you can often get by without a car if you live in a city.
Entertainment: There’s plenty to do in Bolivia without spending a lot of money. There are plenty of free or cheap attractions, such as museums and parks. And if you want to go out for a night on the town, you can find plenty of bars and clubs that won’t break the bank.
Bolivia is a great option for those looking for a cheap place to live in Latin America, says Jonathan Dax Cooke. The cost of living is relatively low, and you can get by on a tight budget if you’re careful. Of course, there are some challenges to living in Bolivia, but the country has a lot to offer for those who are willing to rough it a bit.
Jonathan Dax Cooke’s Concluding Thoughts
If you’re looking for a place to live in LATAM that is both affordable and offers a high quality of life, Bolivia should be at the top of your list. With its diverse landscape and welcoming culture, it’s no wonder that more and more people are choosing to call this South American country home. However, Jonathan Dax Cooke recommends consulting with an experienced ex-pat before making the move.