Cost of living comparison
La Paz is 43.2% cheaper than Madrid.
- Restaurants
-
pay 58.8% less in La Paz
- Groceries
-
pay 46.9% less in La Paz
- Transportation
-
pay 40.6% less in La Paz
- Housing
-
pay 51.3% less in La Paz
- Childcare
-
pay 69.8% less in La Paz
- Entertainment and Sports
-
pay 30.8% less in La Paz
- Clothing
-
pay 4.1% less in La Paz
Expenses including childcare, restaurants, housing, groceries, transportation, and entertainment and sports are lower in La Paz.
If you lived in La Paz instead of Madrid, you would:
pay 58.8% less for restaurants
|
Madrid
|
La Paz
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.78
|
$2.87
BOB19.84
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.85
|
$7.18
BOB49.59
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.56
|
$1.05
BOB7.24
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.66
|
$0.77
BOB5.29
|
|
pay 46.9% less for groceries
|
Madrid
|
La Paz
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.38
|
$0.75
BOB5.16
|
|
| Local cheese (8 oz) |
$6.92
€6.36
|
$2.36
BOB16.33
|
|
| Milk (1 gallon) |
$4.41
€4.05
|
$3.58
BOB24.72
|
|
|
Eggs
1 dozen
|
$3.05
€2.81
|
$1.70
BOB11.74
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.48
|
$1.37
BOB9.45
|
|
| Apples (1 lb) |
$1.13
€1.03
|
$0.94
BOB6.48
|
|
| Bananas (1 lb) |
$0.87
€0.80
|
$0.48
BOB3.32
|
|
| Oranges (1 lb) |
$1.01
€0.92
|
$0.45
BOB3.14
|
|
| Tomatoes (1 lb) |
$1.05
€0.96
|
$0.47
BOB3.27
|
|
| Potatoes (1 lb) |
$0.83
€0.77
|
$0.45
BOB3.11
|
|
| Onions (1 lb) |
$0.82
€0.75
|
$0.36
BOB2.48
|
|
pay 40.6% less for transportation
|
Madrid
|
La Paz
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.24
|
$2.03
BOB14.04
|
|
| Monthly public transit pass |
$42.87
€39.42
|
$25.84
BOB178.53
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€32,880.68
|
$15,790.55
BOB109,102.56
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.70
|
$15.36
BOB106.13
|
|
pay 51.3% less for housing
|
Madrid
|
La Paz
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€29.28
|
$42.49
BOB293.59
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,350.65
|
$286.71
BOB1,981.00
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€988.19
|
$185.42
BOB1,281.13
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€119.56
|
$31.83
BOB219.96
|
|
pay 69.8% less for childcare
|
Madrid
|
La Paz
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€521.88
|
$157.91
BOB1,091.03
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,258.86
|
$3,282.52
BOB22,680.11
|
|
pay 30.8% less for entertainment and sports
|
Madrid
|
La Paz
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.45
|
$2.15
BOB14.88
|
|
| Cappuccino in mid-range area |
$2.59
€2.38
|
$2.73
BOB18.84
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.91
|
$3.01
BOB20.83
|
|
| Monthly membership at local gym |
$43.11
€39.64
|
$32.73
BOB226.14
|
|
| Movie ticket to theater/cinema |
$10.72
€9.85
|
$6.46
BOB44.63
|
|
pay 4.1% less for clothing
|
Madrid
|
La Paz
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€83.22
|
$44.79
BOB309.45
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€34.22
|
$84.16
BOB581.47
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€90.00
|
$62.30
BOB430.46
|
|
| Men's business shoes (leather) |
$121.40
€111.63
|
$53.71
BOB371.11
|
|
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