Bali, a popular tourist destination in Indonesia, is known for its beautiful beaches, vibrant culture, and affordable lifestyle. Understanding the cost of living in Bali is crucial for anyone considering moving to or spending an extended period on the island.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you plan your budget effectively.
The cost of living indices for Indonesia are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Indonesia, covering factors like consumer goods, rent, and purchasing power.
Bali offers a relatively affordable cost of living, especially in terms of dining and local transportation. However, housing costs can vary significantly depending on the location and type of accommodation.
Groceries and utilities are reasonably priced, making Bali an attractive option for those looking to live comfortably on a budget.
To save money, consider living outside the city centre and taking advantage of local markets for groceries.
In conclusion, Bali presents a cost-effective living environment with its affordable dining options and reasonable grocery prices. While housing costs can be higher in the city centre, there are more budget-friendly options available outside the central areas.
For those considering a move to Bali, understanding these costs can help in planning a budget that ensures a comfortable lifestyle on this beautiful island.