In general, the salaries and the costs of living in Bolivia are way lower than the typical US expenses. The regular entry wages in Bolivia are about 70% lower than in the US. In IT terms, it means that in Bolivia, you’ll get three mobile apps that a project requires for the price of one in the US. Not to mention that the effectiveness and quality when it comes to the overall user experience will be flawless.
Paying your IT experts in Bolivia lower than you would an American expert doesn’t mean that you’ll get less quality. It’s merely the difference in the standard of the countries that makes the price of Bolivia IT professionals lower. Nevertheless, you aren’t only saving on the team members, but also on the phone call costs, travel costs, rent and inventory costs, etc.