Money Matters: Costs of backpacking in Bolivia

Money Matters: Costs of backpacking in Bolivia

Boat Bolivia

Bolivia is one of the coolest and cheapest destinations in South America. Tapashia and Ashvin visited Bolivia during a longterm backpacking trip in South America and noted down all their Bolivia expenses for Bunch of Backpackers (Thank you Tapas and Ash!). Take a look at their overview of costs of backpacking in Bolivia and our budget tips. 

This article is part of the Money Matters series in which we ask travelers to keep their expenses for Bunch of Backpackers. Real travelers, real expenses. 

COSTS 11-DAY BOLIVIA TRIP*: 400 EURO (537 USD)

DAILY TRAVEL EXPENSES*: 36 EURO (48 USD)

*These daily travel expenses are per one person per day.  Including all tours, domestic flights, souvenirs, lodging, food, drinks, entrance fees, tips etc. Excluding international flights.

Uros Islands Bolivia. ©Tapashia
Uros Islands Bolivia. ©Tapashia

EXAMPLES OF PRICES IN BOLIVIA:

These prices are per person unless stated otherwise.

Standard Bolivia expenses

One night in a hostel dormitory: euro (8 USD)
One night in a double room in a simple guesthouse: 10 euro (13,4 USD)
A short 10-minute taxi ride: 3 euro (4 USD)
A bottle of water (0,5L) at the store: 0,30 euro (0,3 USD)
A local beer at a bar/restaurants: 1 euro (1,3 USD) 
A glass of coca cola in a restaurant: 0,7 euro (0,9 USD)
Lunch at a restaurant: 4 euro (5,4 USD)
Dinner at a restaurant: 7 euro (9 USD)

Notable Bolivia expenses 

3-day Salar de Uyuni tour: 90 euro (120 USD) 
Death Road: 50 euro (67 USD) 
Souvenir and gifts for 20 people: 75 euro (100 USD) 

Cycling the Most Dangerous Road in Bolivia ©Tapashia.
Cycling the Most Dangerous Road in Bolivia ©Tapashia.
Colorful robes in Bolivia. ©Tapashia.
Colorful robes in Bolivia. ©Tapashia.

SOME DETAILS ON THIS TRIP:

About the backpackers: Ashvin and Tapashia
Destination and travel period: Bolivia in October 2013 for 11 days.
Visited places:
 Copacabana, La Paz, Sucre, Potosi and Uyuni

Type of trip: Independently, as a couple
Accommodation: standard (guesthouses and hotels)
Transportation: budget (with the cheapest available modes of transportation)
Food: budget (local places and cheap western places)
Exchange rate at the time of travel: 1 euro = 8,60 BOB (Bolivian Boliviano)

BOLIVIA BUDGET TIPS:

  • Compare prices of tours and always check what is included
  • Eat at local eateries and avoid touristy restaurants in La Paz
  • Haggle and bargain at the Bolivia (souvenir) markets and for your accommodation (with exception of hostels of course)

“Bolivia is very cheap, it is almost impossible to save more money!” – Tapashia and Ashvin

Another article on backpacking costs in Bolivia can be found here.
Have you been to Bolivia? Can you relate to these expenses?
Or continue to the other articles of the Money Matters series!
Meet 'travel mastermind' Manouk: a 29-year-old sassy girl from Rotterdam, the Netherlands. With BoB she inspires you to explore the world, meet the unexpected and follow your dreams. Happy travels!

6 COMMENTS

  1. Those costs are about on par with what we spent. We took the opportunity to upgrade to some nicer one bedroom hotels during our stay as they were pretty cost effective and overall spent around $100/day for two for a month in Bolivia (excluding entry and exit fares).

    I think Bolivia can be done much cheaper, but at the same time it is so easy to splurge on nice rooms that it is hard to say no!

    • You’re completely right Albert! I sometimes use other ‘Money Matter’ posts as example when I write a new one :S! I will change it :)! Thanks heaps for noticing!

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