Cost of living in Potosí, Bolivia vs Memphis, Tennessee, United States
Currency:
Food | - 34% | |||
---|---|---|---|---|
Food in Potosí (Bolivia) is 34% cheaper than in Memphis, Tennessee (United States) | ||||
Basic lunchtime menu (including a drink) in the business district | $b18 ($2.54) | $13 | - 80% | |
Combo meal in fast food restaurant (big mac meal or similar) | $b60 ($9) | $7 | + 19% | |
500 gr (1 lb.) of boneless chicken breast | $b20 ($2.90) | $3.27 | - 11% | |
1 liter (1 qt.) of whole fat milk | $b3.50 ($0.51) | $0.79 | - 36% | |
12 eggs, large | $b12 ($1.74) | $2.17 | - 20% | |
1 kg (2 lb.) of tomatoes | $b12 ($1.74) | $2.93 | - 41% | |
500 gr (16 oz.) of local cheese | $b20 ($2.90) | $5.55 | - 48% | |
1 kg (2 lb.) of apples | $b14 ($1.96) | $3.27 | - 40% | |
1 kg (2 lb.) of potatoes | $b25 ($3.62) | $1.63 | + 122% | |
0.5 l (16 oz) domestic beer in the supermarket | $b18 ($2.61) | $2.07 | + 26% | |
1 bottle of red table wine, good quality | $b25 ($3.62) | $14 | - 75% | |
2 liters of coca-cola | $b12 ($1.67) | $1.70 | - 2% | |
Bread for 2 people for 1 day | $b5.00 ($0.72) | $1.91 | - 62% | |
Housing | - 17% | |||
Housing in Potosí (Bolivia) is 17% cheaper than in Memphis, Tennessee (United States) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $b2,000 ($290) | $1,253 | - 77% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $b1,500 ($217) | $936 | - 77% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | $166 | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | - | $989 | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | - | $769 | - | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | - | $96 | - | |
Internet 8 mbps (1 month) | $b500 ($72) | $48 | + 51% | |
40” flat screen tv | $b1,500 ($217) | $299 | - 27% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $b500 ($72) | $96 | - 25% | |
Laundry detergent (3 l. ~ 100 oz.) | $b45 ($7) | $12 | - 44% | |
Hourly rate for cleaning help | - | $20 | - | |
Clothes | + 42% | |||
Clothes in Potosí (Bolivia) is 42% more expensive than in Memphis, Tennessee (United States) | ||||
1 pair of jeans (levis 501 or similar) | $b450 ($65) | $42 | + 54% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | $b400 ($58) | $33 | + 75% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | $b450 ($65) | $82 | - 21% | |
1 pair of men’s leather business shoes | $b400 ($58) | $103 | - 44% | |
Transportation | - 39% | |||
Transportation in Potosí (Bolivia) is 39% cheaper than in Memphis, Tennessee (United States) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | $21,300 | - | |
1 liter (1/4 gallon) of gas | $b3.78 ($0.55) | $0.58 | - 5% | |
Monthly ticket public transport | $b100 ($14) | $48 | - 70% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | - | $13 | - | |
Personal Care | - 44% | |||
Personal Care in Potosí (Bolivia) is 44% cheaper than in Memphis, Tennessee (United States) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $b28 ($3.98) | $7 | - 45% | |
1 box of antibiotics (12 doses) | $b25 ($3.62) | $8 | - 56% | |
Short visit to private doctor (15 minutes) | $b150 ($22) | $131 | - 83% | |
1 box of 32 tampons (tampax, ob, ...) | - | $5.89 | - | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | $b31 ($4.53) | $2.89 | + 57% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $b45 ($7) | $4.96 | + 31% | |
4 rolls of toilet paper | $b12 ($1.74) | $3.10 | - 44% | |
Tube of toothpaste | $b12 ($1.74) | $1.56 | + 11% | |
Standard men's haircut in expat area of the city | $b12 ($1.74) | $17 | - 90% | |
Entertainment | - 12% | |||
Entertainment in Potosí (Bolivia) is 12% cheaper than in Memphis, Tennessee (United States) | ||||
Basic dinner out for two in neighborhood pub | - | $44 | - | |
2 tickets to the movies | $b60 ($9) | $21 | - 59% | |
2 tickets to the theater (best available seats) | - | $124 | - | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $b150 ($22) | $53 | - 59% | |
1 cocktail drink in downtown club | $b45 ($7) | $10 | - 34% | |
Cappuccino in expat area of the city | $b20 ($2.90) | $4.89 | - 41% | |
1 beer in neighbourhood pub (500ml or 1pt.) | - | $4.21 | - | |
Ipad wi-fi 128gb | - | $432 | - | |
1 min. of prepaid mobile tariff (no discounts or plans) | $b1.60 ($0.23) | $0.11 | + 120% | |
1 month of gym membership in business district | $b205 ($30) | $34 | - 12% | |
1 package of marlboro cigarettes | $b21 ($3.04) | $6 | - 50% | |
TOTAL | - 24% |

These prices were last updated on February 24, 2021.
Exchange rate:
0.14488
USD
/
BOB
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Cost of living in Potosí (Bolivia) is 24% cheaper than in Memphis, Tennessee (United States)
For example, to keep the same standard of living that would require $3,900 in Memphis, Tennessee you would need to make just about $2,948 ($b20,345) in Potosí.
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