How much money do you need to live in Bali a month?

The Cost of Living in Bali: A Guide to Budgeting

Bali, renowned for its pristine beaches, lush greenery, and vibrant culture, attracts both travelers and expats alike. However, before embarking on a life in paradise, it’s essential to consider the cost of living and ensure financial stability.

The Flexibility of Living Costs

Contrary to popular belief, the cost of living in Bali is flexible and can vary significantly depending on your desired lifestyle. From frugal living to comfortable indulgence, the expenses you incur can be tailored to your individual needs.

Frugal Living: A Budget of $1000 per Month

For those who prioritize saving and living simply, it’s possible to live in Bali on a budget of as low as $1000 per month. This includes modest accommodation in a shared apartment or guesthouse, basic meals, and essential transportation. However, it’s important to note that this budget requires careful planning and sacrifices, such as limiting entertainment and dining out.

Comfortable Living: A Budget of $1500-$2000 per Month

If you prefer a more comfortable lifestyle with occasional indulgences, a budget of $1500-$2000 per month is recommended. This allows for a private apartment or villa, a wider selection of restaurants and activities, and more flexible transportation options.

Determining Your Monthly Expenses

The exact amount you need to live in Bali each month depends on a variety of factors, including:

• Accommodation: Renting a comfortable apartment or villa in a desirable location can cost anywhere from $300 to $800 per month.
• Food: Eating at local warungs (food stalls) is affordable, while dining in Western restaurants can be more expensive. Groceries are also relatively inexpensive.
• Transportation: Scooters are the most popular mode of transportation, with rentals costing around $50 per month. Public transportation is limited.
• Activities: There are numerous free and affordable activities in Bali, such as hiking, swimming, and exploring cultural sites. However, more luxurious activities like tours and water sports can be costly.
• Utilities: Electricity, water, and internet bills are generally low.

Conclusion

While the cost of living in Bali can range, it’s possible to live comfortably on a budget that suits your lifestyle. By budgeting wisely and making informed choices, you can enjoy the beauty of Bali without breaking the bank. Remember that the true cost of living depends on your individual needs and preferences.