Average Cosmetologist Salary in Bolivia for 2024

In this article, we will look at the average Cosmetologist salary for 2024 in Bolivia and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Bolivian boliviano. To keep things simple, we are using the BOB currency code instead of the currency symbol Bs..

How Much Does a Cosmetologist Make in Bolivia?

A Cosmetologist working in Bolivia will typically earn around 69,720 BOB per year, and this can range from the lowest average salary of about 31,040 BOB to the highest average salary of 112,000 BOB.

Average Annual Salary
69,720 BOB
Average Monthly Salary
5,810 BOB

Lowest Annual Salary
31,040 BOB
Lowest Monthly Salary
2,586 BOB

Highest Annual Salary
112,000 BOB
Highest Monthly Salary
9,333 BOB

These are average salaries for a Cosmetologist in Bolivia and include benefits such as housing and transport. It's also possible for a Cosmetologist to earn more or less than the average salaries shown above.

Cosmetologist salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Cosmetologist Salaries in Bolivia

So we've looked at the average salaries a Cosmetologist will earn in Bolivia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Cosmetologist can earn between 31,040 BOB and 112,000 BOB on average in Bolivia. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Cosmetologist in Bolivia is 78,160 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 78,160 BOB, and 50% of the population earn more than 78,160 BOB.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Cosmetologist salary in Bolivia, 25% of the population are earning less than 49,300 BOB while 75% of the population earn more than 49,300 BOB.

75% of the population earn less than 104,040 BOB, and 25% of the population earn more than 104,040 BOB.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Cosmetologist Salary by Experience Level in Bolivia

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average cosmetologist salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Cosmetologist in Bolivia that has less than two years of experience can expect to earn somewhere in the region of 36,580 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Cosmetologist salary would increase to 48,940 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Cosmetologist, the average salary would be 71,280 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 87,760 BOB.
  • 15 - 20 Years Experience. A Cosmetologist with 15 to 20 years of experience can earn an average of 96,180 BOB.
  • 20+ Years Experience. For a Cosmetologist with more than 20 years, the expected average salary increases to 105,620 BOB.

Average Salary by Experience Chart

0-2 Years
36,580 BOB
2-5 Years +34%
48,940 BOB
5-10 Years +48%
71,280 BOB
10-15 Years +22%
87,760 BOB
15-20 Years +9%
96,180 BOB
20+ Years +8%
105,620 BOB

Cosmetologist Salary by Education Level in Bolivia

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Cosmetologist in Bolivia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Cosmetologist in Bolivia with a high school education can earn an average salary of 42,040 BOB.

  • Certificate or Diploma. A Cosmetologist in Bolivia with a certificate or diploma education can earn an average salary of 66,440 BOB.

  • Bachelor's Degree. A Cosmetologist in Bolivia with a bachelor's degree education can earn an average salary of 111,920 BOB.

Average Salary by Education Chart

High School
42,040 BOB
Certificate or Diploma +57%
66,440 BOB
Bachelor's Degree +68%
111,920 BOB

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Bolivia is around 42,600 to 128,000 BOB and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Cosmetologist Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Bolivia, a male cosmetologist will earn an average of 69,240 BOB, while a female cosmetologist will earn around 73,800 BOB.

This means that a male cosmetologist earns approximately 6% less than a female cosmetologist for performing the same job.

Average Salary by Gender Chart in Bolivia

Male
69,240 BOB
Female +6%
73,800 BOB

Cosmetologist Average Pay Raise in Bolivia

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Cosmetologist in Bolivia is around 7% every 28 months.

The national average pay raise across all professions and industries in Bolivia is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 28 ) × 12  = 3%

What this means is that a Cosmetologist in Bolivia can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Bolivia for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Bolivia.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
8%
Energy
7%
Information Technology
6%
Healthcare
5%
Travel
4%
Construction
3%
Education
2%

Cosmetologist Bonus and Incentive Rates in Bolivia

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Cosmetologist is a low bonus based job, with 41% of employees reporting at least one bonus in the last 12 months.

59% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus
41%
No Bonus
59%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Bolivia earn approximately 17% more than private sector employees in the same role.

Public Sector
112,280 BOB
Private Sector -17%
96,160 BOB

Salaries for Jobs Similar to a Cosmetologist

In the table below, we have salary information for jobs that are similar to a Cosmetologist in Bolivia.

Job Title Category Salary
Aromatherapist Fitness / Hair / Beauty 112,600 BOB
Art Therapist Fitness / Hair / Beauty 80,060 BOB
Assistant Spa Manager Fitness / Hair / Beauty 83,900 BOB
Beauty Advisor Fitness / Hair / Beauty 78,940 BOB
Beauty Educator Fitness / Hair / Beauty 97,060 BOB
Beauty Shop Coordinator Fitness / Hair / Beauty 57,320 BOB
Beauty Specialist Fitness / Hair / Beauty 81,180 BOB
Beauty Supply Manager Fitness / Hair / Beauty 142,300 BOB
Beauty Therapist Fitness / Hair / Beauty 78,400 BOB
Cosmetic Sales Fitness / Hair / Beauty 43,260 BOB
Day Spa Manager Fitness / Hair / Beauty 152,300 BOB
Esthetician Fitness / Hair / Beauty 35,000 BOB
Fitness and Wellness Coordinator Fitness / Hair / Beauty 80,500 BOB
Fitness Instructor Fitness / Hair / Beauty 55,580 BOB
Grooming Salon Manager Fitness / Hair / Beauty 125,700 BOB
Hair Replacement Specialist Fitness / Hair / Beauty 125,700 BOB
Hair Stylist Fitness / Hair / Beauty 45,600 BOB
Health Coach Fitness / Hair / Beauty 102,620 BOB
Health Educator Fitness / Hair / Beauty 123,400 BOB
Manicurist and Pedicurist Fitness / Hair / Beauty 31,400 BOB
Massage Therapist Fitness / Hair / Beauty 58,440 BOB
Masseur Fitness / Hair / Beauty 49,560 BOB
Natural Remedy Consultant Fitness / Hair / Beauty 112,280 BOB
Naturopath and Acupuncturist Fitness / Hair / Beauty 47,180 BOB
Occupational Therapist Fitness / Hair / Beauty 68,900 BOB
Occupational Therapy Assistant Fitness / Hair / Beauty 48,740 BOB
Physical Therapy Attendant Fitness / Hair / Beauty 48,820 BOB
Recreational Therapist Fitness / Hair / Beauty 60,460 BOB
Salon Assistant Fitness / Hair / Beauty 48,940 BOB
Salon Manager Fitness / Hair / Beauty 138,200 BOB
Spa Manager Fitness / Hair / Beauty 142,300 BOB
Spa Supervisor Fitness / Hair / Beauty 119,700 BOB
Sport and Recreation Manager Fitness / Hair / Beauty 150,000 BOB
Tattoo Artist Fitness / Hair / Beauty 38,340 BOB
Weight Loss Consultant Fitness / Hair / Beauty 137,400 BOB
Yoga Instructor Fitness / Hair / Beauty 90,980 BOB

Salary Comparison by City

If you want to compare salaries with different cities in Bolivia, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Cochabamba 69,400 BOB
La Paz 73,800 BOB
Oruro 71,280 BOB
Potosi 60,920 BOB
Santa Cruz 74,620 BOB
Sucre 66,960 BOB

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