MISSED OUT ON EARLY ACCESS?

0
Days
0
Hours
0
Minutes
0
Seconds
This element will display when the countdown is finished.
JOIN THE WAITLIST

The Complete Guide to the Cost of Living in Indonesia, Bali

Oliver Heliste
FOUNDER
Instagram IconFacebook Iconlinkedin icon

Bali has long been a dream destination for expats, digital nomads, and retirees seeking a tropical lifestyle at an affordable cost. But what is the actual cost of living in Bali? Let's break it down to answer the most common questions about expenses on this Indonesian paradise island.

Why Move to Bali?

Bali is a tropical paradise that offers a unique blend of natural beauty, rich culture, and modern amenities. The island is a popular destination for expats, digital nomads, and travelers who are looking for a relaxed and affordable lifestyle. Here are some reasons why you might consider moving to Bali:

  • Low Cost of Living: Compared to many Western countries, Bali offers a significantly lower cost of living. You can enjoy a comfortable lifestyle without spending as much money, making it an attractive option for those looking to stretch their dollars further.
  • Thriving Expat Community: Bali has a vibrant expat community, providing ample opportunities to connect with like-minded individuals who share similar interests and values. This sense of community can make the transition to living in a new country much smoother.
  • Healthy and Active Lifestyle: The island is a haven for those who enjoy an active lifestyle. With numerous yoga studios, surf spots, and outdoor activities, Bali encourages a healthy way of living.
  • Rich Culture: Bali is known for its rich and vibrant culture, with numerous festivals, ceremonies, and events throughout the year. This cultural richness adds a unique charm to everyday life on the island.
  • Travel Hub: Bali serves as a great base for exploring the rest of Indonesia and Southeast Asia. With many affordable travel options available, you can easily embark on new adventures and discover nearby destinations.

What is the Cost of Living in Bali, Indonesia?

The estimated monthly costs of living in Bali for a single person vary widely depending on your lifestyle. For a modest budget, you can live comfortably for $900-$1,800 per month, while those seeking luxury may spend $2,500 or more. Here’s a breakdown:

Accommodation

  • Budget: Local guesthouses or homestays: $200-$500/month
  • Mid-range: Private villas or apartments: $700-$1,500/month
  • Luxury: High-end villas with pools: $2,000+

Rental prices also vary depending on whether you’re staying for business or tourism purposes, with long-term rentals being more cost-effective. For property seekers, hiring a real estate agent ensures you find the best cost-effective option tailored to your preferences.

Food and Dining

  • Local food (warungs): $2-$4 per meal for traditional dishes and delicious food. Meals at local warungs can cost just a few dollars, making it an affordable option for those looking to save money.
  • Western-style cafes and restaurants: $7-$20 per meal for those who prefer international food
  • Groceries (local produce): $150-$300/month, offering a chance to save by preparing your own food. Choosing to eat local food from markets and warungs can drastically lower monthly expenses compared to indulging in more upscale dining options.
  • Local beer: $1.50-$3.50 per bottle
  • Upscale dining experience: $30+

Transportation and Car or Scooter Rental

  • Car or scooter rental: $70-$150/month for scooters, the most popular mode of transport, and $300-$600/month for cars for those who prefer driving
  • Gasoline: $0.60 per liter
  • Ride-hailing apps (GoJek/Grab): $1-$7 per trip
  • Public transportation: Limited but very cost-effective

Utilities

  • Electricity and water: $70-$150/month depending on air conditioning use
  • Internet (fiber-optic): $25-$50/month
  • Mobile data: $15 for 20 GB

Health and Health Insurance

  • Health insurance: $50-$200/month depending on coverage
  • Medical costs: Generally affordable but can vary greatly; unexpected medical expenses may arise, so it’s wise to have insurance.
  • Medical procedures: Often more affordable compared to many Western countries.

Local and International Schools

  • Local schools: Affordable for residents
  • International schools: Options like Bali Island School cost $10,000-$15,000/year. Green School Bali is around $20,000 for a year.

Entertainment and Leisure

  • Gym membership: c-$100/month for a local gym, high-class gym memberships are $250 but include access  to spas, saunas, co-working rooms for digital nomads, etc
  • Yoga classes: $8-$15/session
  • Beach clubs or bars: $15-$70 per visit
  • Co-working spaces: $100-$300/month for digital nomads

Visas and Immigration

If you plan to move to Bali, you must navigate the island’s visa and immigration requirements. Here are some key things to know:

  • Visa Options: Bali offers a range of visa options, including tourist visas, business visas, and retirement visas. Each visa type caters to different needs, whether you’re visiting for business or tourism purposes.
  • KITAS Visa: The most common visa for expats is the KITAS (Kartu Izin Tinggal) visa, which allows foreigners to live and work in Indonesia for up to 24 months. This visa is ideal for those planning a longer stay.
  • Application Requirements: To apply for a KITAS visa, you must provide proof of income, health insurance, and a sponsor letter from an Indonesian company or individual. These requirements ensure that you are financially stable and covered for any medical costs during your stay.
  • Cost: The cost of a KITAS visa can vary depending on the type of visa and the agent’s fees, but you can expect to pay around $1100 per 2 years. This fee is a small price to pay for the opportunity to live in such a beautiful and affordable location.
  • Tourist Visa: It’s also possible to enter Bali on a tourist visa, which is valid for up to 30 days. However, this visa type is unsuitable for long-term stays or work purposes. If you plan to stay longer or work, you must explore other visa options.

By understanding the visa and immigration requirements, you can ensure a smooth transition to your new life in Bali. Feel free to contact our value partners, LA Global Consulting, to help you with visa applications, KITAS, and other legal aspects.  

Rental Prices Across Bali's Key Areas

Rental prices in Bali vary significantly depending on the location, amenities, and proximity to popular attractions. Here's a breakdown of average rental costs in different areas:

Ubud

  • Known for its lush greenery, yoga studios, and artistic vibe. The cost of living is a bit cheaper than in Canggu.
  • Monthly rental prices:
    • Budget accommodations: $300-$600
    • Mid-range private villas: $800-$1,500
    • Luxury properties: $2,000+
  • Factors influencing prices: Proximity to rice fields, cultural attractions, and wellness centers.

Canggu

  • Popular among digital nomads and surfers.
  • Monthly rental prices:
    • Budget accommodations: $400-$700
    • Mid-range private villas: $1,000-$1,800
    • Luxury properties: $2,500+
  • Factors influencing prices: Beach access, vibrant cafe culture, and coworking spaces.

Seminyak

  • Known for its upscale dining, nightlife, and boutique shopping.
  • Monthly rental prices:
    • Budget accommodations: $500-$800
    • Mid-range private villas: $1,200-$2,000
    • Luxury properties: $3,000+
  • Factors influencing prices: Proximity to high-end amenities and the beach.

Uluwatu

  • It is famous for stunning cliffs and surf breaks.
  • Monthly rental prices:
    • Budget accommodations: $300-$600
    • Mid-range private villas: $800-$1,500
    • Luxury properties: $2,500+
  • Factors influencing prices: Ocean views, surf access, and secluded beaches.

Denpasar

  • The administrative hub of Bali is less touristy but convenient.
  • Monthly rental prices:
    • Budget accommodations: $200-$400
    • Mid-range private villas: $600-$1,000
    • Luxury properties: $1,500+
  • Factors influencing prices: Central location and access to local markets.

Utility Costs Are Relatively Low

In Bali, utilities are generally affordable compared to many Western countries, allowing you to enjoy a comfortable lifestyle without breaking the bank. Also, thanks to the island's cost-effective options, you can live like a king with luxuries such as a private cleaner, gardener, and cook for surprisingly low prices.

However, it's important to note that these costs can vary greatly depending on your lifestyle choices and personal preferences. Bali offers a range of options, whether you prefer a more modest approach or indulge in a more upscale living experience.

Price Comparisons for Living Expenses in Bali

Example Monthly Budget for a Single Expat (Comfortable Lifestyle)

  • Accommodation: $900
  • Food and dining: $400
  • Transportation: $100
  • Utilities and internet: $150
  • Leisure and entertainment: $300 Total: $1,850

Frequently Asked Questions

  • How Much Does It Cost to Live in Bali?

For most people, the cost ranges from $900 to $2,500 per month, depending on their lifestyle.

  • Is Bali Affordable for Expats?

Yes! Monthly costs in Bali are quite affordable. There are plenty of price-range options for housing, food, and transportation while still promising a high quality of life.

  • Living Expenses in Bali: What Should I Budget For?

Key expenses include accommodation, food, transportation, utilities, and leisure activities.

  • Is Bali Expensive Compared to Other Parts of Indonesia?

Bali is slightly more expensive than other Indonesian islands due to its popularity among tourists and expats.

Tips for Managing Living Costs in Bali

  • Rent long-term: Monthly rents are significantly lower than nightly rates.
  • Shop local: Buy fruits, vegetables, and other essentials from local markets.
  • Eat local food: By visiting Warungs, you can get a decent meal for just a few dollars for a single person.
  • Avoid imported goods: Stick to local products to save money.
  • Negotiate: Bargaining is common in markets and with landlords.
  • Budget carefully: Plan ahead for both fixed and unexpected costs like visa costs or Bali belly remedies.
  • Engage with the local community: Gain insights and tips on cost-saving strategies.

Bali can be as affordable or as luxurious as you make it. Whether you’re a budget traveler or seeking a high-end lifestyle, the island offers options for everyone.

Let Us Help You Realize Your Bali Dream

Imagine owning a piece of paradise that aligns with your vision—designed for profitability, inspired by heritage, and poised for growth. Let’s turn your dreams into reality in one of the world’s most sought-after destinations.

Contact us today to explore sustainable and secure investment opportunities in Bali’s vibrant real estate market: info@investlandbali.com

For further insights, explore these helpful articles:

Read More

Read more

ALL POSTS