View from San Francisco Chuch in La Paz, Bolivia

What are the Cheapest & Most Expensive Cities in Latin America?

The popular Tripavisor site published a study this week investigating which Latin American destinations are most and least expensive. While the cheapest city is not surprising, the most expensive one certainly is...

View from San Francisco Chuch in La Paz, Bolivia
Calle Jaen in La Paz, Bolivia
Government Palace in Plaza Murillo in La Paz, Bolivia

The popular Tripavisor site published a study this week investigating which Latin American destinations are most and least expensive. Common travelers' expenditures were chosen in an attempt to approximate how much the principal destinations in Latin America cost in one day: the average cost of a 3-star hotel, two 3-mile taxi rides, a bottle of beer, water, and a main dish in restaurants registered online.

Unsurprisingly, La Paz is ranked as the most economical tourist destination in Latin America, with a total of US$110 for the expenditures mentioned. San José, Costa Rica and Asunción, Paraguay came in second and third, respectively.

What will probably surprise most travelers is that, of the 18 cities included in the study, the most expensive was Caracas, Venezuela, with a cost of US$324. The only Brazilian city evaluated, Río de Janeiro, was the third most expensive (US$251). Río dropped a place since last year, losing it's rank as the second most expensive to Bogotá, Colombia, (US$ 259).

As the most expensive expenditure, the biggest influence on the ranking is lodging. The price of a stay in Caracas (US$293), for example, costs more than three nights in affordable San José (US$82) with money left over. Beer lovers will find the most expensive brews on offer in Buenos Aires, but can find great deals in Managua.

News, routes, and expert tips

Explore the latest from our Cusco travel blog. Get practical guides, Machu Picchu updates, and fresh trekking and culture recommendations. Everything you need to travel Cusco safely and stylishly in 2026. Your next Andean story starts here!

Carla Colon Sistine Chapel of the Americas

After four years and US$1.5 million, the restoration of the Church of San Pedro in the remote Andean village of Andahuaylillas, a priceless colonial art treasure showcasing the "Andean Baroque", has been completed. With the backing of the World Monuments Fund and regional and national authorities, restorers tackled the ill effects of earthquakes, shoddy restorations, centuries of grime and even bat droppings.

Inca World Announce Electronic Tourist Ticket in Cusco

The Committee of Integrated Tourist Services (Cosituc) is working on modernizing the sale and purchase of the tourist Ticket

Carla Colon Experience Colonial Lima at the Invita Peru Food Fair this Month

This fourth annual Invita Perú gastronomic festival will take place from July 25th through August 3rd, with S/10 entry tickets already available through Teleticket. This year's theme is the colonial epoch, which means that you will be able to enjoy the most traditional foods, sweets, and drinks of Lima. There'll also be free classes and  outdoor concerts.

Explore the best of our land

Explore the breathtaking diversity of the Central Andes. From ancient archaeological wonders and surreal high-altitude landscapes to world-class gastronomy and Amazonian adventures, our updated 2026 guides showcase the very best of this premier global destination.