What Is The Cost Of Living In Bali?January 23, 2023
Have you ever visited Bali? But after knowing the cost of living in Bali, you may be able to plan it properly. Bali is one of the popular destinations among tourists. It is a province popularly known as ‘The Island of a Thousand Temples,’ or ‘The Island of Gods,’ because it is home to thousands of Hindu Temples. Bali is a mesmerizing Indonesian Island that is world famous for its beautiful places, rich culture, Mount Batur, Tanah Lot Temple, Taman Ayun Temple, Bali Swing, Ubud Monkey Forest, Goa Gajah Gianyar, Pura Ulun Danu Bratan, Sekumpul waterfall. Let’s know the cost of living in Bali.
What Is The Cost Of Living In Bali?
The cost of living in Bali is between $720 to $2,600 per month. The average cost of living in Bali will fluctuate and some people will live more cheaply than what is stated here, and some will spend a lot more. In Bali, there are other areas where you can live peacefully in the middle of a rice field, at a low cost, and yet be within a short bike ride to the center of town. Below, we have tabulated the cost of living in Bali vs US.
|Cost Of Living For||Bali||USA|
|Median Home Cost||$2,600||$291,700|
Housing cost is one of the biggest contributors to the cost of living in Bali Indonesia. Usually, the more touristy and built up an area is, the more expensive your rent will be. You may choose to stay well off the beaten track, in which case your rent will be considerably cheaper. Below we have given a table showing the cost of rent in the different cities in Indonesia.
|City||Approx 1 Bedroom Rent||Approx 2 Bedroom Rent|
Visiting a restaurant can give a different experience to a different tourist. Most average tourist restaurants offer meals for prices somewhere between $5 and $15. Of course, if you go more expensive once, you can eat for about $50 per person with a few alcoholic drinks. Below we have given you the approx cost of dinner for two in the different cities in the county.
|City||Approx Dinner Cost For 2|
In normal circumstances, transportation in Bali is not expensive at all, with gasoline prices as low as 0.64$ per liter. You can also buy a one-way ticket for public transport for less than 0.50$, while taxis that start at a normal tariff are also less than 1$.
Other than the above-mentioned expenses, there are also some other expenses too, including healthcare, fitness, entertainment, taxes, and utilities. Let’s take a look at Bali cost of living USD due to other expenses.
In Bali, health insurance is non-negotiable. Some visa applications require proof of your insurance before your visa will be granted. For those staying up to 12 months, it may be possible to access a travel insurance plan in your home country before moving to Bali.
The cost of living in Bali for a week will not give you the actual price of utilities. In Bali, the basic utilities, including heating, cooling, water, garbage collection, and electricity in a normal-sized apartment in Bali are less than $50 per month. It is a reasonable price for anyone traveling to Bali from western countries, yet it is pretty high for their average salaries.
In Bali, the cost of living in Bali per month containing high-speed internet for $50 per month. If WIFI is not included in your accommodation, it is easy to set up in your house or villa and there are several providers to choose from. On average for high-speed, decent unlimited WIFI, it will cost approximately $30 per month.
Living in Bali for 3 months will tell you that, in Bali, the prices of gyms are generally high. Monthly rates are around $70 to $120 for a decent gym membership. To save this much money, you can exercise at your home.
In this category the cost of living in Bali for 6 months depends on your chosen forms of entertainment. If you want to hang out on the beaches or explore the waterfalls, have some beers, and eat local food, your entertainment budget may be as low as $15 per week.
In Bali, the tax rates are like this, for an income up to IDR 60 million the tax rate is 5%, for income above IDR 250 million to IDR 500 million the tax rate is 15%.
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Can I Live In Bali Permanently?
To attract wealthy global citizens for long-term stays in Bali and other destinations, Indonesia has launched a “second home visa” program that will allow foreigners to stay and work in the country for five to 10 years.
What Salary Do You Need To Live In Bali?
Cost of living in Bali: average monthly expenses
According to Numbeo, the average cost of living in Bali for a single person is around $522 without rent, and a family of four can expect to spend around $1,892 without rent. This is just a rough guide of what you could expect to spend when living in Bali.
How Long Can I Stay In Bali With A US Passport?
TOURIST VISA REQUIRED: Visa upon arrival for up to 30 days, and can be extended one time for an additional 30 days.
Can You Speak English In Bali?
Most Balinese speak at some English
English is the common “third” language (after Indonesian and Balinese)and the most popular foreign language by far. A lot of Balinese speak a level of English that allows them to communicate with tourists on a basic level.
In this article, you have learned about the cost of living in Bali for a year through some important and basic factors. In Bali, different people’s monthly budgets will vary greatly depending on many factors. You need to consider what type of lifestyle you want to live when you are living in Bali. while Bali can be a very inexpensive place to live if you are living humbly, eating local foods, and enjoying nature as your entertainment. Now, you know the cost of living in Bali, so you can visit it now.