Average Product Owner Salary in Cochabamba, Bolivia for 2026

In this article, we will look at the average Product Owner salary for 2026 in Cochabamba 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 Product Owner Make in Cochabamba?

A Product Owner working in Cochabamba will typically earn around 119,080 BOB per year, and this can range from the lowest average salary of about 55,940 BOB to the highest average salary of 190,500 BOB.

Average Annual Salary119,080 BOB
Average Monthly Salary9,923 BOB
Average Lowest Salary55,940 BOB
Lowest Monthly Salary4,661 BOB
Average Highest Salary190,500 BOB
Highest Monthly Salary15,875 BOB

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

Product Owner 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 Product Owner Salaries in Cochabamba

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

Salary ranges

We already know that a Product Owner can earn between 55,940 BOB and 190,500 BOB on average in Cochabamba. 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 Product Owner in Cochabamba is 129,000 BOB. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 129,000 BOB, and 50% of the population earn more than 129,000 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 Product Owner salary in Cochabamba, 25% of the population are earning less than 81,180 BOB while 75% of the population earn more than 81,180 BOB.

75% of the population earn less than 172,200 BOB, and 25% of the population earn more than 172,200 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.

Product Owner Salary by Experience Level in Cochabamba

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 Product Owner 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 Product Owner in Cochabamba that has less than two years of experience can expect to earn somewhere in the region of 61,780 BOB.
  • 2 - 5 Years Experience. With two to five years of experience the average Product Owner salary would increase to 83,760 BOB.
  • 5 - 10 Years Experience. From five to ten years of experience as a Product Owner, the average salary would be 123,400 BOB.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 151,800 BOB.
  • 15 - 20 Years Experience. A Product Owner with 15 to 20 years of experience can earn an average of 161,600 BOB.
  • 20+ Years Experience. For a Product Owner with more than 20 years, the expected average salary increases to 176,800 BOB.

Average Salary by Experience Chart

0-2 Years-
61,780 BOB
2-5 Years+34%
83,760 BOB
5-10 Years+48%
123,400 BOB
10-15 Years+22%
151,800 BOB
15-20 Years+9%
161,600 BOB
20+ Years+8%
176,800 BOB

Product Owner Salary by Education Level in Cochabamba

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 Product Owner in Cochabamba 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 Product Owner in Cochabamba with a high school education can earn an average salary of 69,240 BOB.
  • Certificate or Diploma. A Product Owner in Cochabamba with a certificate or diploma education can earn an average salary of 112,280 BOB.
  • Bachelor's Degree. A Product Owner in Cochabamba with a bachelor's degree education can earn an average salary of 187,300 BOB.

Average Salary by Education Chart

High School-
69,240 BOB
Certificate or Diploma+57%
112,280 BOB
Bachelor's Degree+68%
187,300 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.

Product Owner 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 Cochabamba, a male product owner will earn an average of 119,900 BOB, while a female product owner will earn around 109,520 BOB.

This means that a male product owner earns approximately 9% more than a female product owner for performing the same job.

Average Salary by Gender Chart in Cochabamba

Male-
119,900 BOB
Female-9%
109,520 BOB

Product Owner Average Pay Raise in Cochabamba

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 Product Owner in Cochabamba is around 8% every 30 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 = ( 8 ÷ 30 ) × 12  = 3%

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

Annual Pay Raise by Industry in Cochabamba for 2026

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%

Product Owner Bonus and Incentive Rates in Cochabamba

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 Product Owner is a low bonus based job, with 42% of employees reporting at least one bonus in the last 12 months.

58% 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-
42%
No Bonus-
58%

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 Product Owner

In the table below, we have salary information for jobs that are similar to a Product Owner in Cochabamba.

Job TitleCategorySalary
Approval Team ManagerQuality Control and Compliance119,080 BOB
Assistant Quality ManagerQuality Control and Compliance106,820 BOB
Compliance OfficerQuality Control and Compliance63,500 BOB
Document AnalystQuality Control and Compliance54,280 BOB
Document Control OfficerQuality Control and Compliance48,920 BOB
Document Control SpecialistQuality Control and Compliance62,100 BOB
HACCP CoordinatorQuality Control and Compliance58,520 BOB
Inspection SupervisorQuality Control and Compliance101,120 BOB
Internal Compliance OfficerQuality Control and Compliance64,560 BOB
Product Complaints AssociateQuality Control and Compliance66,680 BOB
Product Quality LeaderQuality Control and Compliance119,900 BOB
QMS CoordinatorQuality Control and Compliance70,260 BOB
Quality Assurance AdministratorQuality Control and Compliance100,580 BOB
Quality Assurance AnalystQuality Control and Compliance117,520 BOB
Quality Assurance AssociateQuality Control and Compliance66,820 BOB
Quality Assurance AuditorQuality Control and Compliance99,080 BOB
Quality Assurance Document ControlQuality Control and Compliance48,940 BOB
Quality Assurance EngineerQuality Control and Compliance64,200 BOB
Quality Assurance ExecutiveQuality Control and Compliance151,800 BOB
Quality Assurance InspectorQuality Control and Compliance101,960 BOB
Quality Assurance ManagerQuality Control and Compliance176,800 BOB
Quality Assurance SpecialistQuality Control and Compliance102,460 BOB
Quality Assurance Supervisor Quality Control and Compliance115,520 BOB
Quality Assurance TechnicianQuality Control and Compliance59,660 BOB
Quality Assurance TesterQuality Control and Compliance60,480 BOB
Quality Control AnalystQuality Control and Compliance102,460 BOB
Quality Control AuditorQuality Control and Compliance93,340 BOB
Quality Control ChemistQuality Control and Compliance112,620 BOB
Quality Control CoordinatorQuality Control and Compliance69,060 BOB
Quality Control EngineerQuality Control and Compliance61,780 BOB
Quality Control ExecutiveQuality Control and Compliance159,400 BOB
Quality Control ManagerQuality Control and Compliance172,200 BOB
Quality Control SupervisorQuality Control and Compliance116,180 BOB
Quality Control TechnicianQuality Control and Compliance57,320 BOB
Quality Control and Compliance OfficerQuality Control and Compliance68,900 BOB
Quality Control and Quality Assurance OfficerQuality Control and Compliance71,020 BOB
Quality Data AnalystQuality Control and Compliance97,900 BOB
Quality DirectorQuality Control and Compliance168,100 BOB
Quality EngineerQuality Control and Compliance63,400 BOB
Quality ExecutiveQuality Control and Compliance127,700 BOB
Quality Improvement CoordinatorQuality Control and Compliance66,680 BOB
Quality Management OfficerQuality Control and Compliance63,700 BOB
Quality ManagerQuality Control and Compliance172,400 BOB
Quality SurveyorQuality Control and Compliance95,860 BOB
Quality TrainerQuality Control and Compliance117,860 BOB
Quality and Safety Site LeaderQuality Control and Compliance119,700 BOB
Six Sigma Black BeltQuality Control and Compliance136,200 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.

CityAverage Salary
La Paz119,900 BOB
Oruro113,280 BOB
Potosi106,360 BOB
Santa Cruz119,900 BOB
Sucre115,260 BOB

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