Skyline of Potosi
Cost of Living: 82 250,000

Potosi, Bolivia

Home to the legendary Cerro Rico silver mountain, one of the highest cities in the world at 4,090 meters.

Updated August 30, 2026

Overview

Potosi is a city in PT with a population of 250,000. Home to the legendary Cerro Rico silver mountain, one of the highest cities in the world at 4,090 meters. Housing costs are close to the national average. The overall cost of living is below the national average. Gardening thrives here — the 5b growing zone supports Cool — many vegetables, some fruit trees. The population skews young, with a median age of 25.0.

Last updated: August 30, 2026

Cost of Living 82

Below Average vs Bolivia Avg (100)

Housing Index 85

Affordable

Median Income Bs20,000

Household income

Unemployment 7.0%

Job market health

Potosi vs Bolivia Average

Cost of Living
Potosi: 82
Bolivia Avg: 100
Housing Index
Potosi: 85
Bolivia Avg: 100
State Income Tax
Potosi: 13%

Taxes

  • State Income Tax: 13.0%
  • Sales Tax: 13.0%

Economy & Jobs

  • Median Income: Bs20,000
  • Unemployment: 7.0%
  • Population: 250,000

Climate

  • Sunny Days: 200/year
  • Summer High: 60°F
  • Winter Low: 25°F
  • Farming Zone: USDA Zone 5b

Housing

  • Median Home: Bs200,000
  • 1BR Rent: Bs1200/mo

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Cost of Living

Potosi's cost of living index is 82 (Bolivia average = 100).

CategoryPotosiNational AverageDifference
Overall82100-18.0%
Housing85100-15.0%

Data source: INE Bolivia / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceBs200,000
Median Rent (1BR)Bs1200/mo
Median Rent (2BR)Bs1,500/mo
Price per Sq FtBs133

Data source: Numbeo / Bolivia.com, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

Bs
%
$90,000 down
%
%
Bs

Utilities

Estimated monthly utility costs for a typical household in Potosi:

UtilityEstimated Monthly CostNotes
ElectricityBs40
Heating & CoolingBs33Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterBs15Includes sewer
Internet (100+ Mbps)Bs30Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesBs118Monthly estimate (including heating & cooling)

Data sources: AETN, EPSAS, ATT 2025

Remote Work Score

Potosi scores —/100 for remote work readiness:

Cost of Living
82
Rent
Bs1200
Sunny Days
200
Tax
13%
Unemployment
7.0%
Climate
60°F / 25°F
Safety
3.5 homicides/100k
Population
250,000
Internet Speed
25 Mbps

Climate

Potosi has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January45°F25°F2.5"
April45°F40°F2.8"
July60°F35°F1.5"
October40°F43°F2.2"
USDA Zone 5b

Cool — many vegetables, some fruit trees

Natural Hazards

Potosi faces the following natural hazards:

Landslide High Risk

Andean region with frequent landslides.

Heat Wave High Risk

Extreme summer heat in lowlands.

Flood Moderate Risk

River and flash floods.

Wildfire Moderate Risk

Amazon and Chiquitano forest wildfires.

Drought Moderate Risk

Periodic drought conditions.

Avalanche Moderate Risk

Andean region with avalanches.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 13%
  • Sales Tax: 13%
  • Property Tax: ~0.3% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 7.0%.

Crime & Safety

Crime rates in Potosi per 100,000 residents:

40.0
Violent Crime
150.0
Property Crime
3.5
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 12:30 PM
Academic Year February to November/December
Term System Semester — Fall (Feb-Jun), Spring (Jul-Nov)
Summer Break December to February (10 weeks)
Winter Break July (2 weeks)
Spring Break Carnival in February/March (1 week)

Many schools operate in shifts due to high demand.

Demographics

The population of Potosi is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Aymara
10.0%
Mestizo
68.0%
Other
1.0%
Other Indigenous
1.0%
Quechua
20.0%

Education

Bachelor's degree or higher
20.0%
High school graduate
25.0%
Less than high school
40.0%
Some college
15.0%

Religion

Christian (Catholic)
70.0%
Christian (Protestant/Evangelical)
17.0%
Other
3.0%
Unaffiliated
10.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: INE Census (2012)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Potosi, Bolivia?

The cost of living index in Potosi is 82, which is Lower the Bolivia national average of 100.

How much does it cost to buy a home in Potosi?

The median home price in Potosi is Bs200,000. The housing index is 85.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Potosi is approximately Bs1200/mo.

Does Potosi, PT have income tax?

Potosi is in PT, which has an income tax rate of 13%.

What is the climate like in Potosi?

Potosi enjoys approximately 200 sunny days per year. Summer highs reach around 60°F, while winter lows can drop to around 25°F.

Data Sources

  • Cost of Living: INE Bolivia / Numbeo, 2026
  • Housing Data: Numbeo / Bolivia.com, 2026
  • Income & Employment: INE Bolivia Labour Force Survey, 2024
  • Utilities AETN, EPSAS, ATT 2025

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.