Cost Of Living in Jakarta 2025

cost of living chart - average monthly expenditure in Jakarta

Average monthly spending for singles, couples, students, and families in Jakarta

Whether you're living in Jakarta or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: IDR
2.3M 23M 350M
MINIMUM AVERAGE MAXIMUM
$150 $1,500 $22,000

Monthly Expenditure ▶ Single

Currency: IDR
3M 21M 240M
MINIMUM AVERAGE MAXIMUM
$190 $1,300 $15,000

Monthly Expenditure ▶ Couple

Currency: IDR
4.8M 31M 290M
MINIMUM AVERAGE MAXIMUM
$310 $2,000 $18,000

Monthly Expenditure ▶ Family

Currency: IDR
7.4M 37M 370M
MINIMUM AVERAGE MAXIMUM
$470 $2,400 $24,000

Monthly Expenditure ▶ Student

Currency: IDR
2.3M 15M 170M
MINIMUM AVERAGE MAXIMUM
$150 $970 $11,000

Prices and cost of goods and services in Jakarta

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Jakarta

Dining, food, and beverages costs


Fast food combo meal

26,000 IDR 53,000 IDR 88,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.7 $3.3 $5.6

Restaurant meal for one

92,000 IDR 140,000 IDR 280,000 IDR
MINIMUM AVERAGE MAXIMUM
$5.8 $8.7 $17

Fine dining meal for one

180,000 IDR 260,000 IDR 1.1M IDR
MINIMUM AVERAGE MAXIMUM
$11 $17 $67

Cappuccino or latte

23,000 IDR 36,000 IDR 54,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.4 $2.3 $3.4

Grocery and market costs


Milk large bottle

18,000 IDR 22,000 IDR 28,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $1.7

12 eggs

13,000 IDR 17,000 IDR 26,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.83 $1.1 $1.7

Fresh whole chicken

31,000 IDR 41,000 IDR 58,000 IDR
MINIMUM AVERAGE MAXIMUM
$2 $2.6 $3.7

Pack of beef

38,000 IDR 57,000 IDR 110,000 IDR
MINIMUM AVERAGE MAXIMUM
$2.4 $3.6 $7.3

Medium bag of rice

14,000 IDR 19,000 IDR 27,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.88 $1.2 $1.7

Bag of tomatos

5,300 IDR 7,100 IDR 13,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.34 $0.45 $0.84

Bag of apples

9,600 IDR 13,000 IDR 21,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.61 $0.80 $1.3
Chart showing the prices and cost of commute, travel, and transportation in Jakarta

Commute, travel, and transportation costs


20 minutes taxi ride

23,000 IDR 28,000 IDR 55,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.5 $1.8 $3.5

Average car full tank

130,000 IDR 180,000 IDR 350,000 IDR
MINIMUM AVERAGE MAXIMUM
$8.4 $11 $22

Average car 1-day rental

120,000 IDR 160,000 IDR 250,000 IDR
MINIMUM AVERAGE MAXIMUM
$7.8 $10 $16

Average car price

63M IDR 130M IDR 170M IDR
MINIMUM AVERAGE MAXIMUM
$4,000 $8,000 $11,000

Bus ticket one way

4,200 IDR 6,300 IDR 13,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.27 $0.40 $0.80

Car Service

170,000 IDR 260,000 IDR 520,000 IDR
MINIMUM AVERAGE MAXIMUM
$11 $16 $33
Chart showing the prices and cost of utility, energy, water, and gas in Jakarta

Utility cost (monthly)


Utility Bill - Individual

160,000 IDR 1.1M IDR 12M IDR
MINIMUM AVERAGE MAXIMUM
$9.9 $70 $780

Utility Bill - Couple

160,000 IDR 1.2M IDR 14M IDR
MINIMUM AVERAGE MAXIMUM
$10 $76 $860

Utility Bill - Family

310,000 IDR 1.5M IDR 15M IDR
MINIMUM AVERAGE MAXIMUM
$20 $98 $980

Internet and cable

140,000 IDR 280,000 IDR 370,000 IDR
MINIMUM AVERAGE MAXIMUM
$8.8 $18 $23

Mobile phone charges

90,000 IDR 150,000 IDR 450,000 IDR
MINIMUM AVERAGE MAXIMUM
$5.7 $9.5 $29

Leisure and activities costs


Movie ticket

59,000 IDR 78,000 IDR 120,000 IDR
MINIMUM AVERAGE MAXIMUM
$3.7 $5 $7.5

One month gym membership

220,000 IDR 270,000 IDR 540,000 IDR
MINIMUM AVERAGE MAXIMUM
$14 $17 $34
Chart showing the prices and cost of clothing and accessories in Jakarta

Cloths and accessories costs


Pair of jeans or pants

160,000 IDR 230,000 IDR 350,000 IDR
MINIMUM AVERAGE MAXIMUM
$10 $15 $22

Woman dress

160,000 IDR 220,000 IDR 710,000 IDR
MINIMUM AVERAGE MAXIMUM
$10 $14 $45

Woman shoes

140,000 IDR 190,000 IDR 440,000 IDR
MINIMUM AVERAGE MAXIMUM
$8.8 $12 $28

Men's shoes

120,000 IDR 150,000 IDR 300,000 IDR
MINIMUM AVERAGE MAXIMUM
$7.8 $9.5 $19

Men suit

140,000 IDR 170,000 IDR 920,000 IDR
MINIMUM AVERAGE MAXIMUM
$8.8 $11 $59

Regular t-shirt

71,000 IDR 94,000 IDR 280,000 IDR
MINIMUM AVERAGE MAXIMUM
$4.5 $6 $18
Chart showing the prices and cost of housing, accommodation, and rent in Jakarta

Housing costs / monthly rent


Studio apartment

2.5M IDR 3.8M IDR 10M IDR
MINIMUM AVERAGE MAXIMUM
$160 $240 $640

1-bedroom apartment

3.9M IDR 6.2M IDR 16M IDR
MINIMUM AVERAGE MAXIMUM
$250 $400 $990

2-bedroom apartment

5.3M IDR 8M IDR 21M IDR
MINIMUM AVERAGE MAXIMUM
$340 $510 $1,400

Housing costs / Buying


Studio apartment

530M IDR 800M IDR 1,600M IDR
MINIMUM AVERAGE MAXIMUM
$34,000 $51,000 $100,000

1-bedroom apartment

650M IDR 1,100M IDR 4,100M IDR
MINIMUM AVERAGE MAXIMUM
$42,000 $69,000 $260,000

2-bedroom apartment

1,000M IDR 3,000M IDR 6,100M IDR
MINIMUM AVERAGE MAXIMUM
$64,000 $190,000 $390,000
Chart showing the prices and cost of furniture in Jakarta

Furniture Costs


King Size Bed

2.6M IDR 3.3M IDR 4.4M IDR
MINIMUM AVERAGE MAXIMUM
$170 $210 $280

Double Bed

1.8M IDR 2.7M IDR 3.3M IDR
MINIMUM AVERAGE MAXIMUM
$110 $170 $210

Single Bed

1.6M IDR 2.1M IDR 2.7M IDR
MINIMUM AVERAGE MAXIMUM
$100 $130 $170

Living Room

3.1M IDR 4M IDR 14M IDR
MINIMUM AVERAGE MAXIMUM
$200 $250 $890

Dining Table

1.3M IDR 1.7M IDR 3.3M IDR
MINIMUM AVERAGE MAXIMUM
$83 $110 $210

Sofa or Couch

1.8M IDR 2.4M IDR 5.4M IDR
MINIMUM AVERAGE MAXIMUM
$110 $150 $340
Chart showing the prices and cost of electronic devices and appliances in Jakarta

Electronics and House Appliance Costs


TV Set

1.8M IDR 2.7M IDR 5.4M IDR
MINIMUM AVERAGE MAXIMUM
$110 $170 $340

Fridge or Freezer

1.6M IDR 2.5M IDR 3.4M IDR
MINIMUM AVERAGE MAXIMUM
$100 $160 $220

Washing Machine

2M IDR 2.8M IDR 5.1M IDR
MINIMUM AVERAGE MAXIMUM
$130 $180 $330

Stove or Cooker

1.9M IDR 2.4M IDR 3.3M IDR
MINIMUM AVERAGE MAXIMUM
$120 $150 $210

Mobile Phone

2.2M IDR 2.7M IDR 3.8M IDR
MINIMUM AVERAGE MAXIMUM
$140 $170 $240

Laptop or Computer

2.5M IDR 3.1M IDR 5.5M IDR
MINIMUM AVERAGE MAXIMUM
$160 $190 $350
How easily is cost-cutting. Are there plenty of low-cost options in Jakarta

Low-cost alternatives in Jakarta

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options58%

Few low-cost options42%


Based on the survey, 58% of the people living in Jakarta have no problem finding low-cost alternatives to support a frugal lifestyle while 42% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Expenditure to Income Ratio in Jakarta

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Jakarta

Spending to Income Ratio

97%

89% to 110%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%4%
50% - 60%9%
60% - 70%15%
70% - 80%25%
80% - 90%20%
90% - 100%11%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%2%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Jakarta is 97% This means that on average, people spend around 97% of their income for living. According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
90%
Spending-Income-Ratio
82%
99%

Couple
97%
Spending-Income-Ratio
89%
110%

Family
100%
Spending-Income-Ratio
92%
110%
Distribution of monthly cost of living expenses in Jakarta

How do people spend their money in Jakarta?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure23%

23% of total expenses on average (12% to 31%)

LOW$44   690,000 IDR
AVERAGE$440   6.9M IDR
HIGH$6,600   100M IDR
Per Month

People living in Jakarta typically spend from 12% to 31% of their total monthly expenditure on housing with 23% being the average. The average spend on housing is 6.9M IDR with expenditure ranging from 690,000 IDR to 100M IDR. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$6.5   100,000 IDR
AVERAGE$65   1M IDR
HIGH$980   15M IDR
Per Month

Utility expenditure like electricity, water, and gas in Jakarta ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 1M IDR with 100,000 IDR and 15M IDR being the upper and lower limits.

Transport, Fuel, Commute7%

7% of total expenses on average (3% to 11%)

LOW$14   220,000 IDR
AVERAGE$140   2.2M IDR
HIGH$2,100   33M IDR
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 220,000 IDR to 33M IDR on commuting with 2.2M IDR being the norm for most people in one month. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 3% or as high as 11%.

Food and Groceries Cost28%

28% of total expenses on average (20% to 34%)

LOW$34   540,000 IDR
AVERAGE$340   5.4M IDR
HIGH$5,100   81M IDR
Per Month

The average outlay on groceries in a month in Jakarta is 5.4M IDR. The cost of groceries can range between 540,000 IDR to 81M IDR. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.

Healthcare and Medical Services10%

10% of total expenses on average (5% to 13%)

LOW$8.5   130,000 IDR
AVERAGE$85   1.3M IDR
HIGH$1,300   20M IDR
Per Month

People in Jakarta allocate 5% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 10%. The range of medical expenses range from 130,000 IDR to 20M IDR with 1.3M IDR being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$5.5   86,000 IDR
AVERAGE$55   860,000 IDR
HIGH$820   13M IDR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 86,000 IDR to 13M IDR with 860,000 IDR being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$8.2   130,000 IDR
AVERAGE$82   1.3M IDR
HIGH$1,200   19M IDR
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 1.3M IDR per month with 130,000 IDR being the minimum spent amount and 19M IDR being the maximum.

Other Expenses14%

14% of total expenses on average (9% to 21%)

LOW$19   290,000 IDR
AVERAGE$190   2.9M IDR
HIGH$2,800   44M IDR
Per Month
Where do people choose to put their savings in Jakarta

Typical saving choices for people in Jakarta

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings21%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Jakarta

Housing costs, accommodation, and housing affordability in Jakarta

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Jakarta

Monthly Rent Prices

Studio apartment monthly rent cost

2.5M IDR 3.8M IDR 10M IDR
MINIMUM AVERAGE MAXIMUM
$160 $240 $640

1-bedroom apartment monthly rent cost

3.9M IDR 6.2M IDR 16M IDR
MINIMUM AVERAGE MAXIMUM
$250 $400 $990

2-bedroom apartment monthly rent cost

5.3M IDR 8M IDR 21M IDR
MINIMUM AVERAGE MAXIMUM
$340 $510 $1,400

3-bedroom apartment monthly rent cost

6.5M IDR 11M IDR 30M IDR
MINIMUM AVERAGE MAXIMUM
$420 $690 $1,900

Furnished apartment monthly rent cost

12M IDR 31M IDR 62M IDR
MINIMUM AVERAGE MAXIMUM
$790 $2,000 $4,000

Townhouse monthly rent cost

10M IDR 15M IDR 44M IDR
MINIMUM AVERAGE MAXIMUM
$650 $970 $2,800

House monthly rent cost

13M IDR 31M IDR 63M IDR
MINIMUM AVERAGE MAXIMUM
$790 $2,000 $4,000

Villa monthly rent cost

15M IDR 38M IDR 61M IDR
MINIMUM AVERAGE MAXIMUM
$970 $2,400 $3,900

The monthly rental cost of a studio apartment in Jakarta ranges between 2.5M IDR and 10M IDR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 3.9M IDR to 16M IDR. Two-bedroom rentals rate ranges between 5.3M IDR and 21M IDR per month. The monthly rental for a three-bedroom apartment ranges from 6.5M IDR to 30M IDR. The average rent of a townhouse in Jakarta is around 15M IDR while house rental costs can be as high as 31M IDR per month. Finally, if you want to rent a villa, expect to pay anywhere from 15M IDR to 61M IDR per month.



Apartment and house prices in Jakarta

Cost of buying a property

Studio apartment price

530M IDR 800M IDR 1,600M IDR
MINIMUM AVERAGE MAXIMUM
$34,000 $51,000 $100,000

1-bedroom apartment price

650M IDR 1,100M IDR 4,100M IDR
MINIMUM AVERAGE MAXIMUM
$42,000 $69,000 $260,000

2-bedroom apartment price

1,000M IDR 3,000M IDR 6,100M IDR
MINIMUM AVERAGE MAXIMUM
$64,000 $190,000 $390,000

3-bedroom apartment price

3,500M IDR 5,200M IDR 16,000M IDR
MINIMUM AVERAGE MAXIMUM
$220,000 $330,000 $990,000

Townhouse price

4,600M IDR 11,000M IDR 40,000M IDR
MINIMUM AVERAGE MAXIMUM
$290,000 $680,000 $2.5M

House price

5,500M IDR 33,000M IDR 47,000M IDR
MINIMUM AVERAGE MAXIMUM
$350,000 $2.1M $3M

Villa price

6,500M IDR 36,000M IDR 54,000M IDR
MINIMUM AVERAGE MAXIMUM
$420,000 $2.3M $3.5M

The average price of a studio apartment in Jakarta can range from 530M IDR to 1,600M IDR depending on location. One bedroom cost can be anywhere from 650M IDR to 4,100M IDR. A villa can cost you 36,000M IDR on average with prices ranging from 6,500M IDR to 54,000M IDR.


If you're leasing or purchasing, housing costs in Jakarta will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


49 x140 monthly income 274
MINIMUM AVERAGE MAXIMUM

Property prices in Jakarta can be x140 to x274 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x140 multiples of the average monthly salary in Jakarta.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


24% 36% of income 48%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Jakarta is around 36%. This means that people pay 36% of their income for rent. Those figures can range from 24% to 48% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
28%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2%
AVERAGE
3%
TO
4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


46,000 IDR 460,000 IDR 7M IDR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Jakarta

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Jakarta

Utility Bill Cost / Electricity + Water + Gas / Individual

160,000 IDR 1.1M IDR 12M IDR
MINIMUM AVERAGE MAXIMUM
$9.9 $70 $780

Utility Bill Cost / Electricity + Water + Gas / Couple

160,000 IDR 1.2M IDR 14M IDR
MINIMUM AVERAGE MAXIMUM
$10 $76 $860

Utility Bill Cost / Electricity + Water + Gas / Family

310,000 IDR 1.5M IDR 15M IDR
MINIMUM AVERAGE MAXIMUM
$20 $98 $980

Internet and cable cost

140,000 IDR 280,000 IDR 370,000 IDR
MINIMUM AVERAGE MAXIMUM
$8.8 $18 $23

Mobile phone bill and charges

90,000 IDR 150,000 IDR 450,000 IDR
MINIMUM AVERAGE MAXIMUM
$5.7 $9.5 $29

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Jakarta ranges between 160,000 IDR and 12M IDR with average being 1.1M IDR, meanwhile the expenditure of couples is slightly higher at 1.2M IDR with 160,000 IDR and 14M IDR being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 1.5M IDR. The cost of internet and WiFi is unchanged among the three groups and ranges from 140,000 IDR to 370,000 IDR with 280,000 IDR being the average internet bill. Finally, the average monthly mobile charges is around 150,000 IDR but can range between 90,000 IDR and 450,000 IDR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3.5% 7.1% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Jakarta is around 7.1%. This means that people pay 7.1% of their income for energy, water, internet, and mobile charges. Those figures can range from 3.5% to 12% depending on salary and location.

A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Financial goals and targets of people living in Jakarta

Financial goals of people in Jakarta

In an attempt to understand the economic situation in Jakarta, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund8%
Debt Reduction43%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses14%
Financial Independence5%

Around 8% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 43% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 14% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Jakarta is 21M IDR. Expenses can range from 3M IDR at the minimum level to 240M IDR at the highest end.


Couples

The average monthly spending of couples in Jakarta is 31M IDR. Expenditure can range from 4.8M IDR to 290M IDR per month.


Families

The average cost of living for families in Jakarta is 37M IDR per month. Families spend anywhere from 7.4M IDR to 370M IDR.


Students

The average monthly expenditure for students in Jakarta is 15M IDR. Students spend from 2.3M IDR to 170M IDR per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Income and cost of living compatibility. Is it affordable or economical to live in Jakarta

Affordable living in Jakarta

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Jakarta?


Yes
56%
No
44%

Around 56% of surveyed residents think that living in Jakarta is affordable with proper budgeting while 44% reported that it is just too expensive and not affordable even with frugality and thriftness.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents whether they have an emergency fund and the answers were as follows.

Yes56%

No44%


Based on the survey, 44% of the people living in Jakarta said that they don't have an emergency fund while 56% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Jakarta

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy51%


We asked residents of whether they acquired any adequate personal financial training in their lives. Approximately 49% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 51% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 39% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 61% said that they have everything under control.

Struggles with finance39%

Easily manages finances61%

Reasons that make it difficult for people to save money in Jakarta

Saving Challenges in Jakarta

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Jakarta. Listed below are the answers given by the survey participants.


Reason% People
Low Income5%
High Expenses8%
Debt and Loans13%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the people said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 13% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 21% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Retirement, pension plans, and life after work in Jakarta

What does the retirement lifestyle look like in Jakarta and how much retirement savings are required?

Retirement age

The retirement age for most employees in is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Jakarta:
AgeAmount
2550M IDR
30100M IDR
35190M IDR
40270M IDR
45380M IDR
50540M IDR
55660M IDR
60840M IDR
65930M IDR

Retirement Income Distribution

We asked residents about their retirement income sources and below are the results.

Source% People
Pensions12%
Savings23%
Investments12%
Social Security7%
Annuities7%
Part-time Job15%
Real Estate18%
Dividends and Interest7%

Retirement Monthly Expenses in Jakarta

1.7M IDR
$110
16M IDR
$1,000
170M IDR
$11,000
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Jakarta

Debt, loans, and mortgages in Jakarta


Percentage of people who are in debt


In Debt
26%
Debt Free
74%

According to the survey, 26% of the people in Jakarta have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Jakarta

Debt-to-income ratio in Jakarta

Debt to income ratio

30%

22% to 39%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 30% of the people's monthly income in Jakarta goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%18%
40% - 50%15%
30% - 40%17%
20% - 30%10%
10% - 20%12%
0% - 10%25%

According to our data, 3% of the debtors in Jakarta pay 60%+ of their income as debt settlement while 18% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 10% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Jakarta

Debt% People
Real Estate Mortgage8%
Auto Loan15%
Student Loan4%
Credit Card30%
Personal Loan43%

8% of debtors in Jakarta confirm that real estate mortgages constitutes the main part of their outstanding debt while 30% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 15% of people and personal loans rose at 43%. Lastly, student loans are the main source of debt for 4% of debtors in Jakarta.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Jakarta

Besides measuring the loan-to-income ratio, we asked residents how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never50%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%

Food Prices, Dining Expenses, and Grocery Costs in Jakarta

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Jakarta

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

26,000 IDR 53,000 IDR 88,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.7 $3.3 $5.6

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Jakarta is approximatly 53,000 IDR with meal cost ranging from 26,000 IDR to 88,000 IDR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

92,000 IDR 140,000 IDR 280,000 IDR
MINIMUM AVERAGE MAXIMUM
$5.8 $8.7 $17

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 92,000 IDR and 280,000 IDR with 140,000 IDR being the average price of a plate for one person at a regular restaurant in Jakarta.

Fine dining meal for one price

180,000 IDR 260,000 IDR 1.1M IDR
MINIMUM AVERAGE MAXIMUM
$11 $17 $67

The price range of a meal at fine-dining restaurant is 180,000 IDR to 1.1M IDR with the average cost being 260,000 IDR for one person. This is what you would expect to pay a top-tier diner in Jakarta.

Beverage prices, cappuccino, latte etc..

23,000 IDR 36,000 IDR 54,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.4 $2.3 $3.4

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Jakarta is around 36,000 IDR. Price ranges between 23,000 IDR and 54,000 IDR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

18,000 IDR 22,000 IDR 28,000 IDR
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $1.7

The average price of a large bottle of milk in Jakarta is 22,000 IDR. The maximum what you would pay for milk is 28,000 IDR and the minimum being 18,000 IDR depending on the brand of milk and other properties.

12 eggs price

13,000 IDR 17,000 IDR 26,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.83 $1.1 $1.7

A dozen eggs costs around 17,000 IDR on average with 13,000 IDR and 26,000 IDR being the lower and upper limits respectively.

Fresh whole chicken price

31,000 IDR 41,000 IDR 58,000 IDR
MINIMUM AVERAGE MAXIMUM
$2 $2.6 $3.7

The price range of a fresh whole chicken in Jakarta is between 31,000 IDR and 58,000 IDR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 41,000 IDR.

Pack of beef price

38,000 IDR 57,000 IDR 110,000 IDR
MINIMUM AVERAGE MAXIMUM
$2.4 $3.6 $7.3

The price of a regular pack of beef or meat is around 57,000 IDR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

14,000 IDR 19,000 IDR 27,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.88 $1.2 $1.7

A bag of rice in Jakarta costs around 19,000 IDR on average with prices rangeing between 14,000 IDR and 27,000 IDR depending on the brand and quality.

Bag of tomatos price

5,300 IDR 7,100 IDR 13,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.34 $0.45 $0.84

A bag of tomatoes costs anywhere from 5,300 IDR to 13,000 IDR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

9,600 IDR 13,000 IDR 21,000 IDR
MINIMUM AVERAGE MAXIMUM
$0.61 $0.80 $1.3

A bag of apples costs 13,000 IDR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


21% 30% of income 37%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Jakarta is around 30%. This means that people spend 30% of their income on grocery and basic household items. The expenditure can range from 21% to 37% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 3.1M IDR per month on grocery and food with expenditure fluctuating between 430,000 IDR and 34M IDR depending on location and the type of person. The average cost of food and groceries for a couple is around 3.9M IDR per month. That number can be get as low as 600,000 IDR or a high as 36M IDR. Families' spending on grocery ranges from 1.2M IDR to 58M IDR with the location, income, and size of the family being the most determinite factors.

Percentage of people who manage to save money from their income every month in Jakarta

How much money can you save in Jakarta every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Jakarta manage to save money from their income every month?


Saving Money
67%
Not Saving
33%

Almost 67% of the surveyed people in Jakarta said that they can save some money at the end of each month while 33% said that aren't saving anything.


Percentage of people saving money by population group in Jakarta

GroupSaversNon Savers
Singles67%33%
Couples65%35%
Families56%44%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Jakarta

Saving to Income Ratio

13% 22% of income 36%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

790,000 IDR
$50
7.9M IDR
$500
120M IDR
$7,500
MINIMUM AVERAGE MAXIMUM

For most people, 13% to 36% of their monthly income is what they can allocate to their savings, with 22% being the average. The amount of money that people can save is approximately 7.9M IDR on average with savings ranging from 790,000 IDR to 120M IDR.

67% of surveyed singles reported some of their income going to savings while 65% of couples said the same. 56% of families confirmed their ability to save money.


How much money do people actually save in Jakarta?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

16% 27% of income 39%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

750,000 IDR
$48
6.8M IDR
$430
75M IDR
$4,800
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%32%
10% - 20%25%
20% - 30%16%
30% - 40%13%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 16% to 39% of their monthly income to savings, with 27% being the average for most singles. The average amount of money that singles are able to save is 6.8M IDR with 750,000 IDR and 75M IDR being the minimum and maximum respectively.


Couples

Saving to Income Ratio

14% 25% of income 39%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1.5M IDR
$98
10M IDR
$640
93M IDR
$5,900
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%36%
10% - 20%27%
20% - 30%19%
30% - 40%8%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 14% to 39% of their monthly income, with 25% being the average for most couples. The average amount of money that couples can save is 10M IDR with 1.5M IDR and 93M IDR being the minimum and maximum respectively.


Families

Saving to Income Ratio

11% 20% of income 33%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

2.4M IDR
$150
12M IDR
$750
120M IDR
$7,500
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%39%
10% - 20%30%
20% - 30%20%
30% - 40%5%
40% - 50%4%
> 50%2%

Interpretation and Analysis

Families in Jakarta can save anywhere between 11% to 33% of their monthly income, with 20% being the average for most families. The average amount of money that families can put aside is 12M IDR with 2.4M IDR and 120M IDR being the minimum and maximum respectively.

Cost of living comparison by city

#1 Surakarta

The average cost of living in Surakarta is 13M IDR, which is 43% less than the country average. Surakarta is ranked first in Indonesia in terms of expendenture and cost of living.


#2 Malang

The average cost of living in Malang is 14M IDR, which is 39% less than the country average. Malang is ranked second in Indonesia in terms of expendenture and cost of living.


#3 Makasar

The average cost of living in Makasar is 15M IDR, which is 35% less than the country average. Makasar is ranked third in Indonesia in terms of expendenture and cost of living.


#4 Semarang

The average cost of living in Semarang is 16M IDR, which is 30% less than the country average. Semarang is ranked fourth in Indonesia in terms of expendenture and cost of living.


#5 Palembang

The average cost of living in Palembang is 17M IDR, which is 26% less than the country average. Palembang is ranked fifth in Indonesia in terms of expendenture and cost of living.


#6 Tangerang

The average cost of living in Tangerang is 18M IDR, which is 22% less than the country average. Tangerang is ranked sixth in Indonesia in terms of expendenture and cost of living.


#7 Medan

The average cost of living in Medan is 19M IDR, which is 17% less than the country average. Medan is ranked seventh in Indonesia in terms of expendenture and cost of living.


#8 Bandung

The average cost of living in Bandung is 21M IDR, which is 8.7% less than the country average. Bandung is ranked eighth in Indonesia in terms of expendenture and cost of living.


#9 Surabaya

The average cost of living in Surabaya is 22M IDR, which is 4.3% less than the country average. Surabaya is ranked ninth in Indonesia in terms of expendenture and cost of living.


#10 Jakarta

The average cost of living in Jakarta is 23M IDR, which is same as the country average. Jakarta is ranked tenth in Indonesia in terms of expendenture and cost of living.


Published: September 6, 2024   Last Update: May 20, 2025



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