USD to IDR Travel Money Compared

Currency Guide for Indonesia (ISO Code: ID)

If you’re planning a one-week mid-range stay in Indonesia, it’s advisable to budget around IDR 7,000,000 to IDR 10,000,000 (approximately $470 to $670) for a comfortable experience. Travel expenses can vary greatly depending on your activities, but here’s a quick overview of typical daily costs to help you plan:

• 🍜 Meal at a local restaurant: IDR 50,000 - 100,000

• ☕ Coffee: IDR 20,000 - 45,000

• 🚍 Public transport fare: IDR 10,000 - 20,000

• 📱 Prepaid SIM card: IDR 100,000

• 🏨 Budget hotel or Airbnb: IDR 300,000 - 600,000

Generally, Indonesia is considered an affordable destination, ranking lower on the price scale compared to the United States. For instance, a meal in the U.S. can average around $15, whereas a similar meal in Indonesia typically costs about $3-6. When compared to Australia, where everyday expenses are relatively higher, travelers can expect to save significantly in Indonesia, making it an attractive option for budget-conscious tourists.

Expat Living in Indonesia

For expats settling in Indonesia, the average monthly living costs can range from IDR 15,000,000 to IDR 30,000,000 (around $1,000 to $2,000), depending on lifestyle choices and location. This estimate includes rent, utilities, groceries, and leisure activities. To manage your finances effectively, it’s crucial to understand the banking landscape: many locals use debit and credit cards, but cash is still king in many markets and restaurants.

When it comes to money transfers, using local exchange services can sometimes yield better rates than your bank, but for international transfers, platforms like Wise or OFX often provide competitive rates with lower fees compared to traditional banks. Consider keeping a balance of both options: exchange a small amount of cash locally for immediate use, and leverage online transfer services for larger expenses or when sending money home. This approach ensures you benefit from the local convenience while minimizing costs associated with currency exchange.