Cost of living in Bolivia compared to Nigeria
Currency:
| Food | - 38% | |||
|---|---|---|---|---|
| Food in Bolivia is 38% cheaper than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | $b48 (2,869 ₦) | 3,461 ₦ | - 17% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $b40 (2,422 ₦) | 3,494 ₦ | - 31% | |
| 500 gr (1 lb.) of boneless chicken breast | $b12 (722 ₦) | 1,266 ₦ | - 43% | |
| 1 liter (1 qt.) of whole fat milk | $b6 (378 ₦) | 1,051 ₦ | - 64% | |
| 12 eggs, large | $b10 (628 ₦) | 808 ₦ | - 22% | |
| 1 kg (2 lb.) of tomatoes | $b7 (430 ₦) | 989 ₦ | - 57% | |
| 500 gr (16 oz.) of local cheese | $b23 (1,363 ₦) | 5,019 ₦ | - 73% | |
| 1 kg (2 lb.) of apples | $b11 (639 ₦) | 1,236 ₦ | - 48% | |
| 1 kg (2 lb.) of potatoes | $b7 (417 ₦) | 1,012 ₦ | - 59% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $b11 (661 ₦) | 367 ₦ | + 80% | |
| 1 bottle of red table wine, good quality | $b44 (2,665 ₦) | 4,640 ₦ | - 43% | |
| 2 liters of coca-cola | $b10 (621 ₦) | 659 ₦ | - 6% | |
| Bread for 2 people for 1 day | $b3.00 (181 ₦) | 528 ₦ | - 66% | |
| Housing | - 48% | |||
| Housing in Bolivia is 48% cheaper than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $b3,894 (234,766 ₦) | 600,977 ₦ | - 61% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $b2,304 (138,911 ₦) | 344,756 ₦ | - 60% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $b265 (15,983 ₦) | 21,473 ₦ | - 26% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $b2,805 (169,153 ₦) | 319,785 ₦ | - 47% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $b1,646 (99,222 ₦) | 184,708 ₦ | - 46% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $b179 (10,816 ₦) | 7,649 ₦ | + 41% | |
| Internet 8 mbps (1 month) | $b156 (9,381 ₦) | 17,828 ₦ | - 47% | |
| 40” flat screen tv | $b2,207 (133,044 ₦) | 105,832 ₦ | + 26% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $b850 (51,270 ₦) | 74,342 ₦ | - 31% | |
| Laundry detergent (3 l. ~ 100 oz.) | $b47 (2,804 ₦) | 1,818 ₦ | + 54% | |
| Hourly rate for cleaning help | $b23 (1,362 ₦) | - | - | |
| Clothes | - 16% | |||
| Clothes in Bolivia is 16% cheaper than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| 1 pair of jeans (levis 501 or similar) | $b277 (16,714 ₦) | 9,511 ₦ | + 76% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $b193 (11,658 ₦) | 14,349 ₦ | - 19% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $b491 (29,626 ₦) | 46,330 ₦ | - 36% | |
| 1 pair of men’s leather business shoes | $b377 (22,704 ₦) | 37,979 ₦ | - 40% | |
| Transportation | + 7% | |||
| Transportation in Bolivia is 7% more expensive than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $b103,895 (6,264,388 ₦) | 7,857,240 ₦ | - 20% | |
| 1 liter (1/4 gallon) of gas | $b4.14 (250 ₦) | 182 ₦ | + 37% | |
| Monthly ticket public transport | $b176 (10,609 ₦) | 8,326 ₦ | + 27% | |
| Personal Care | + 34% | |||
| Personal Care in Bolivia is 34% more expensive than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $b31 (1,863 ₦) | 526 ₦ | + 255% | |
| 1 box of antibiotics (12 doses) | $b45 (2,709 ₦) | 1,787 ₦ | + 52% | |
| Short visit to private doctor (15 minutes) | $b200 (12,051 ₦) | 15,152 ₦ | - 20% | |
| 1 box of 32 tampons (tampax, ob, ...) | $b39 (2,366 ₦) | 1,295 ₦ | + 83% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $b26 (1,566 ₦) | 1,096 ₦ | + 43% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $b30 (1,837 ₦) | 1,223 ₦ | + 50% | |
| 4 rolls of toilet paper | $b11 (637 ₦) | 604 ₦ | + 5% | |
| Tube of toothpaste | $b15 (908 ₦) | 529 ₦ | + 72% | |
| Standard men's haircut in expat area of the city | $b70 (4,214 ₦) | 1,631 ₦ | + 158% | |
| Entertainment | + 34% | |||
| Entertainment in Bolivia is 34% more expensive than in Nigeria | ||||
| Bolivia | Nigeria | Diff | ||
| Basic dinner out for two in neighborhood pub | $b80 (4,802 ₦) | 5,323 ₦ | - 10% | |
| 2 tickets to the movies | $b82 (4,942 ₦) | 5,345 ₦ | - 8% | |
| 2 tickets to the theater (best available seats) | $b129 (7,753 ₦) | 19,661 ₦ | - 61% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $b159 (9,605 ₦) | 9,858 ₦ | - 3% | |
| 1 cocktail drink in downtown club | $b34 (2,073 ₦) | 970 ₦ | + 114% | |
| Cappuccino in expat area of the city | $b23 (1,375 ₦) | 596 ₦ | + 131% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $b18 (1,076 ₦) | 579 ₦ | + 86% | |
| Ipad wi-fi 128gb | $b4,060 (244,814 ₦) | 182,671 ₦ | + 34% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $b1.49 (90 ₦) | 25 ₦ | + 264% | |
| 1 month of gym membership in business district | $b358 (21,567 ₦) | 20,152 ₦ | + 7% | |
| 1 package of marlboro cigarettes | $b16 (965 ₦) | 501 ₦ | + 93% | |
| TOTAL | - 21% | |||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,548 prices entered by 147 different people.
These prices were last updated on May 18, 2022.
Exchange rate:
60.295
NGN
/
BOB
*
Cost of living in Bolivia is 21% cheaper than in Nigeria
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