How much does it cost to live in Bali

Housing is generally a sizable cost, though Bali offers a range of choices, representative of the varied real estate options appealing to investors. Understanding rental benchmarks will provide useful context whether you plan to live in your property or have it rented.

Bali Accommodation Costs & Property Insights

Basic accommodation, like basic rooms or homestays, is $200–$400 a month, while guest houses with shared facilities cost $300–$400 per month. Mid-range living, which attracts various investors, encompasses 1-bedroom condos or villas in sought-after areas such as Seminyak, Canggu, or Ubud, with rental prices ranging from $500–$1,000 each month. Common types of investments (2–3 bedroom villas with pools) rent for $800–$1,500/month. In the luxury market, premium villas and beachfront residences rent for $1,500–$3,000+ a month.

Long-term leasing greatly reduces monthly costs, yet the variance–important for investors conducting long-term appreciation and potential return assessments, is location-dependent. Having property free and clear means no rent and significantly lower monthly overhead.

Food & Grocery Expenses

Bali’s culinary scene is a standout, and you don’t have to spend a lot to eat well. Local restaurants can get away with charging around $1–$5 per meal for scrumptious meals of Indonesian cuisine, while mid-range restaurants serving Western and international cuisine will run anywhere from $10–$20 a pop. You can get excellent deals for fresh produce at markets, usually around $100–$200 per month for one person, paid in cash, but imported goods, such as dairy, really add up.

Getting Around: Transportation Costs

Getting around in Bali is relatively easy and affordable. Scooters are the most common mode of transport, either rented for $50–$80 per month or used scooters for around $300, new scooters for about $900. Taxis and rideshares like Grab/Gojek are dirt-cheap for short journeys (usually $1–$5), and you can hire a private driver for approximately $450 a month for maximum comfort.

Essential Utilities & Services

The costs of running a household or villa in Bali are entirely predictable and manageable. Basic utilities (electricity, water and internet) typically cost $50–$150 a month or more, depending on how much you use. Mobile plans cost about $5–$15 a month; there is an extreme low cost of household help, with housekeepers around $90 a month, and pool maintenance typically $30 a month.

Healthcare & Insurance

Bali, the beloved “Island of the Gods,” has long captured the imagination of travelers and expats alike; now, it has the attention of savvy real estate investors, too. What works in its favor apart from its mind-blowing natural beauty and rich culture is an unbelievably low cost of living. This go-to guide tells you all the essential pricing to help you understand why Bali is the unbeatable stigma-free investment in lifestyle!

Leisure & Activities

Part of the allure is reveling in Bali’s lively lifestyle. Gym memberships are $30–$60 a month, private yoga or surfing classes cost $10–$30 a class, and nightlife prices run the gamut, from $20–$100 a night.

Visas and Longer Stays for Property Owners

They initially come in on tourist visas (e.g. the B211, $330 for 2 months, extendible), but most owners will shift to longer-term arrangements like the KITAS (Temporary Stay Permit) with annual costs of $550. The full report offers an overview of what all property investors need to know about visa requirements if planning to spend long periods in each territory.

The Importance of Low Cost of Living for Bali Real Estate Investors

As a real estate investor, the below-mentioned advantages of Bali's low-cost living can translate into lower holding costs, a better lifestyle, a strong rental market, and higher net returns.

Invest in the Bali Lifestyle

All of these variables combined create a highly compelling environment for real estate investment in one of the most affordable living regions in the world where many flock to experience Bali as we do, and never want to leave.

If you want to purchase an apartment in Bali, then contact DDA Real Estate. We will provide support throughout the entire transaction. You can easily buy a villa in Bali even remotely.