5 Best Places to Retire in Bolivia

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1. Nuestra Señora de La Paz

Insider Monkey Score: 6

Located in the Andes mountains, La Paz is a popular retirement destination in Bolivia, revered for its rich culture, scenic beauty, and affordable cost of living. It is also the highest administrative capital in the world, embraced by majestic, snow-capped mountains. Mt. Illimani is a prominent, picturesque backdrop to the city, and retirees love to experience these dramatic landscapes in the aerial cable car system called Mi Teleférico.

The city is also ideal for visiting the majestic and unique Moon Valley, Yungas Cloud Forest region, and Lake Titicaca, all of which are a short drive away from the city. Mercado Lanza is a popular food market in the city center. Gustu is famous for its Bolivian dishes, and there are other popular food and tourist spots that the locals also enjoy. One-bedroom apartment rents in La Paz average around $300 a month, while the overall cost of living is around $635 on average.

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