Cost Of Living in Suva 2024

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

Whether you're living in Suva 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.

Singles

The average monthly expense for a single person living in Suva is 3,500 FJD. Expenses can range from 490 FJD at the minimum level to 23,000 FJD at the highest end.

Couples

The average monthly spending of couples in Suva is 5,800 FJD. Expenditure can range from 1,900 FJD to 31,000 FJD per month.

Families

The average cost of living for families in Suva is 7,800 FJD per month. Families spend anywhere from 2,700 FJD to 50,000 FJD.

Students

The average monthly expenditure for students in Suva is 2,500 FJD. Students spend from 390 FJD to 17,000 FJD per month.

Expenditure to Income Ratio in Suva

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.

Expense to income distribution levels

Interpretation and Analysis

The average spending-to-salary ratio in Suva is 92% This means that on average, people spend around 92% of their income for living. According to the distribution table, 17% of the population spend approximately 60% to 70% of their income every month.

Individual
83%
Spending-Income-Ratio

---

75%

93%

Couple
87%
Spending-Income-Ratio

---

79%

98%

Family
96%
Spending-Income-Ratio

---

87%

110%

How do people spend their money in Suva?

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

People living in Suva typically spend from 15% to 34% of their total monthly expenditure on housing with 26% being the average. The average spend on housing is 1,500 FJD with expenditure ranging from 120 FJD to 15,000 FJD. 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.

Utility expenditure like electricity, water, and gas in Suva ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 250 FJD with 19 FJD and 2,500 FJD being the upper and lower limits.

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 39 FJD to 5,000 FJD on commuting with 500 FJD being the norm for most people in one month. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 4% or as high as 12%.

The average outlay on groceries in a month in Suva is 1,300 FJD. The cost of groceries can range between 97 FJD to 13,000 FJD. People spend on average about 27% on food and groceries with upper and lower bounds of 19% and 33% respectively.

People in Suva allocate 4% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 9%. The range of medical expenses range from 27 FJD to 3,500 FJD with 350 FJD being the norm.

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 16 FJD to 2,000 FJD with 200 FJD being the average. Speaking of percentages, that equates to 3% to 9% of total expenses with an average of 5% for most residents.

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 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 300 FJD per month with 23 FJD being the minimum spent amount and 3,000 FJD being the maximum.

How much money can you save in Suva 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 Suva manage to save money from their income every month?

Almost 66% of the surveyed people in Suva said that they can save some money at the end of each month while 34% said that aren't saving anything.

Percentage of people saving money by population group in Suva

Saving to Income Ratio

Average Monthly Saved Amount

For most people, 12% to 34% of their monthly income is what they can allocate to their savings, with 21% being the average. The amount of money that people can save is approximately 1,900 FJD on average with savings ranging from 150 FJD to 19,000 FJD.

76% of surveyed singles reported some of their income going to savings while 70% of couples said the same. 65% of families confirmed their ability to save money.

How much money do people actually save in Suva?

Singles

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for singles

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 16% to 37% of their monthly income to savings, with 25% being the average for most singles. The average amount of money that singles are able to save is 1,300 FJD with 150 FJD and 8,700 FJD being the minimum and maximum respectively.

Couples

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for couples

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 13% to 35% of their monthly income, with 23% being the average for most couples. The average amount of money that couples can save is 2,200 FJD with 730 FJD and 12,000 FJD being the minimum and maximum respectively.

Families

Saving to Income Ratio

Average Monthly Saved Amount

Savings to income distribution levels for families

Interpretation and Analysis

Families in Suva can save anywhere between 12% to 32% of their monthly income, with 20% being the average for most families. The average amount of money that families can put aside is 2,900 FJD with 1,000 FJD and 19,000 FJD being the minimum and maximum respectively.

Saving Challenges in Suva

Reasons that make it difficult for people to save money

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

Around 6% of the people said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 17% of the residents said that they are burdened with debt and find it challenging to save money. 11% 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. 10% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 18% 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. 11% 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, 3% blamed market instability and price fluctuations.

Typical saving choices for people in Suva

Where do people choose to put their savings?

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

Affordable living in Suva

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Suva?

Around 74% of surveyed residents think that living in Suva is affordable with proper budgeting while 26% reported that it is just too expensive and not affordable even with frugality and thriftness.

Low-cost alternatives in Suva

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 options63%

Few low-cost options37%

Based on the survey, 63% of the people living in Suva have no problem finding low-cost alternatives to support a frugal lifestyle while 37% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

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 of Suva whether they have an emergency fund and the answers were as follows.

Yes70%

No30%

Based on the survey, 30% of the people living in Suva said that they don't have an emergency fund while 70% said that they do.

Financial Literacy in Fiji

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 Leteracy62%

We asked residents of Fiji whether they acquired any adequate personal financial training in their lives. Approximately 38% 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 62% 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 Fiji have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 40% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 60% said that they have everything under control.

Struggles with finance40%

Easily manages finances60%

Financial goals of people in Suva

In an attempt to understand the economic situation in Suva, 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.

Around 7% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 36% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 10% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Suva

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

Retirement age

The retirement age for most employees in Fiji 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.

Retirement Income Distribution

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

Retirement Monthly Expenses in Suva

Debt, loans, and mortgages in Suva

Percentage of people who are in debt

According to the survey, 34% of the people in Suva have some kind of debt, loan, mortgage, or credit card payments while 66% reported that they don't have financial obligations to banks.

Debt-to-income ratio in Suva

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 31% of the people's monthly income in Suva goes to debt settlement.

Debt levels

Monthly debt settlement payment as percentage of monthly income

According to our data, 3% of the debtors in Suva pay 60%+ of their income as debt settlement while 14% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 12% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 14% dedicated 30% to 40% of income for same. Things are looking brighter for 14% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.

Distribution by type of debt in Suva

12% of debtors in Suva confirm that real estate mortgages constitutes the main part of their outstanding debt while 26% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 20% of people and personal loans rose at 39%. Lastly, student loans are the main source of debt for 3% of debtors in Suva.

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 Suva

Besides measuring the loan-to-income ratio, we asked residents of Suva 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.

Housing costs, accommodation, and housing affordability in Suva

Rent Cost in Suva

Monthly Rent Prices

Studio apartment monthly rent cost

440 FJD

670 FJD

1,800 FJD

MINIMUM

AVERAGE

MAXIMUM

$200

$300

$790

1-bedroom apartment monthly rent cost

670 FJD

1,100 FJD

2,700 FJD

MINIMUM

AVERAGE

MAXIMUM

$300

$470

$1,200

2-bedroom apartment monthly rent cost

890 FJD

1,300 FJD

3,600 FJD

MINIMUM

AVERAGE

MAXIMUM

$390

$590

$1,600

3-bedroom apartment monthly rent cost

1,100 FJD

1,800 FJD

4,800 FJD

MINIMUM

AVERAGE

MAXIMUM

$470

$790

$2,200

Furnished apartment monthly rent cost

2,100 FJD

5,300 FJD

11,000 FJD

MINIMUM

AVERAGE

MAXIMUM

$950

$2,400

$4,700

Townhouse monthly rent cost

1,800 FJD

2,700 FJD

7,600 FJD

MINIMUM

AVERAGE

MAXIMUM

$790

$1,200

$3,400

House monthly rent cost

2,100 FJD

5,300 FJD

11,000 FJD

MINIMUM

AVERAGE

MAXIMUM

$950

$2,400

$4,700

Villa monthly rent cost

2,700 FJD

6,700 FJD

11,000 FJD

MINIMUM

AVERAGE

MAXIMUM

$1,200

$3,000

$4,700

The monthly rental cost of a studio apartment in Suva ranges between 440 FJD and 1,800 FJD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 670 FJD to 2,700 FJD. Two-bedroom rentals rate ranges between 890 FJD and 3,600 FJD per month. The monthly rental for a three-bedroom apartment ranges from 1,100 FJD to 4,800 FJD. The average rent of a townhouse in Suva is around 2,700 FJD while house rental costs can be as high as 5,300 FJD per month. Finally, if you want to rent a villa, expect to pay anywhere from 2,700 FJD to 11,000 FJD per month.

Apartment and house prices in Suva

Cost of buying a property

Studio apartment price

89,000 FJD

130,000 FJD

270,000 FJD

MINIMUM

AVERAGE

MAXIMUM

$39,000

$59,000

$120,000

1-bedroom apartment price

110,000 FJD

180,000 FJD

670,000 FJD

MINIMUM

AVERAGE

MAXIMUM

$47,000

$79,000

$300,000

2-bedroom apartment price

180,000 FJD

530,000 FJD

1.1M FJD

MINIMUM

AVERAGE

MAXIMUM

$79,000

$240,000

$470,000

3-bedroom apartment price

590,000 FJD

890,000 FJD

2.7M FJD

MINIMUM

AVERAGE

MAXIMUM

$260,000

$390,000

$1.2M

Townhouse price

760,000 FJD

1.8M FJD

6.7M FJD

MINIMUM

AVERAGE

MAXIMUM

$340,000

$790,000

$3M

House price

890,000 FJD

5.3M FJD

7.6M FJD

MINIMUM

AVERAGE

MAXIMUM

$390,000

$2.4M

$3.4M

Villa price

1.1M FJD

5.9M FJD

8.9M FJD

MINIMUM

AVERAGE

MAXIMUM

$470,000

$2.6M

$3.9M

The average price of a studio apartment in Suva can range from 89,000 FJD to 270,000 FJD depending on location. One bedroom cost can be anywhere from 110,000 FJD to 670,000 FJD. A villa can cost you 5.9M FJD on average with prices ranging from 1.1M FJD to 8.9M FJD.

House / apartment prices to income ratio

Property prices in Suva can be x131 to x234 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x131 multiples of the average monthly salary in Suva.

Rent to income ratio

The average rent-to-income ratio in Suva is around 35%. This means that people pay 35% of their income for rent. Those figures can range from 24% to 46% depending on the salary, location, and type of property.

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.

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.

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.

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 Suva

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

Utility Bill Cost / Electricity + Water + Gas / Individual

30 FJD

210 FJD

1,400 FJD

MINIMUM

AVERAGE

MAXIMUM

$13

$93

$620

Utility Bill Cost / Electricity + Water + Gas / Couple

78 FJD

260 FJD

1,700 FJD

MINIMUM

AVERAGE

MAXIMUM

$34

$120

$760

Utility Bill Cost / Electricity + Water + Gas / Family

140 FJD

390 FJD

2,500 FJD

MINIMUM

AVERAGE

MAXIMUM

$60

$170

$1,100

Internet and cable cost

24 FJD

48 FJD

65 FJD

MINIMUM

AVERAGE

MAXIMUM

$11

$22

$29

Mobile phone bill and charges

19 FJD

32 FJD

97 FJD

MINIMUM

AVERAGE

MAXIMUM

$8.6

$14

$43

The average monthly expenditure for individuals on electricty, water, and gas in Suva ranges between 30 FJD and 1,400 FJD with average being 210 FJD, meanwhile the expenditure of couples is slightly higher at 260 FJD with 78 FJD and 1,700 FJD 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 390 FJD. The cost of internet and WiFi is unchanged among the three groups and ranges from 24 FJD to 65 FJD with 48 FJD being the average internet bill. Finally, the average monthly mobile charges is around 32 FJD but can range between 19 FJD and 97 FJD depending on consumption. Mobile charges include both calling minutes as well as data packages.

Energy / Utility expense to income ratio

The average utility-to-income ratio in Suva is around 5.5%. This means that people pay 5.5% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.2% to 9.9% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Suva

Prices and cost of goods and services in Suva

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

Fast food combo meal price

4.8 FJD

9.7 FJD

16 FJD

MINIMUM

AVERAGE

MAXIMUM

$2.2

$4.3

$7.2

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Suva is approximatly 9.7 FJD with meal cost ranging from 4.8 FJD to 16 FJD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

17 FJD

25 FJD

51 FJD

MINIMUM

AVERAGE

MAXIMUM

$7.5

$11

$23

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 17 FJD and 51 FJD with 25 FJD being the average price of a plate for one person at a regular restaurant in Suva.

Fine dining meal for one price

34 FJD

51 FJD

200 FJD

MINIMUM

AVERAGE

MAXIMUM

$15

$23

$90

The price range of a meal at fine-dining restaurant is 34 FJD to 200 FJD with the average cost being 51 FJD for one person. This is what you would expect to pay a top-tier diner in Suva.

Beverage prices, cappuccino, latte etc..

4 FJD

6.5 FJD

9.7 FJD

MINIMUM

AVERAGE

MAXIMUM

$1.8

$2.9

$4.3

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Suva is around 6.5 FJD. Price ranges between 4 FJD and 9.7 FJD depending on the type of beverage, the size, and optional add-ons.

Grocery and market costs

Large bottle of milk price

3.2 FJD

3.9 FJD

4.8 FJD

MINIMUM

AVERAGE

MAXIMUM

$1.4

$1.7

$2.2

The average price of a large bottle of milk in Suva is 3.9 FJD. The maximum what you would pay for milk is 4.8 FJD and the minimum being 3.2 FJD depending on the brand of milk and other properties.

12 eggs price

2.4 FJD

3.2 FJD

4.8 FJD

MINIMUM

AVERAGE

MAXIMUM

$1.1

$1.4

$2.2

A dozen eggs costs around 3.2 FJD on average with 2.4 FJD and 4.8 FJD being the lower and upper limits respectively.

Fresh whole chicken price

5.5 FJD

7.1 FJD

10 FJD

MINIMUM

AVERAGE

MAXIMUM

$2.4

$3.2

$4.5

The price range of a fresh whole chicken in Suva is between 5.5 FJD and 10 FJD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 7.1 FJD.

Pack of beef price

6.5 FJD

9.7 FJD

19 FJD

MINIMUM

AVERAGE

MAXIMUM

$2.9

$4.3

$8.6

The price of a regular pack of beef or meat is around 9.7 FJD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

2.6 FJD

3.6 FJD

5.1 FJD

MINIMUM

AVERAGE

MAXIMUM

$1.2

$1.6

$2.2

A bag of rice in Suva costs around 3.6 FJD on average with prices rangeing between 2.6 FJD and 5.1 FJD depending on the brand and quality.

Bag of tomatos price

0.97 FJD

1.3 FJD

2.4 FJD

MINIMUM

AVERAGE

MAXIMUM

$0.43

$0.57

$1.1

A bag of tomatoes costs anywhere from 0.97 FJD to 2.4 FJD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.7 FJD

2.3 FJD

3.7 FJD

MINIMUM

AVERAGE

MAXIMUM

$0.77

$1

$1.7

A bag of apples costs 2.3 FJD on average. A bag of apples denotes 1Kg or 1lb depending on location.

Grocery and food expenditure to income ratio

The average grocery-to-income ratio in Suva is around 29%. This means that people spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 35% depending on salary and location.

Expenditure on food and grocery for every population group

A single person living alone spends approximately 560 FJD per month on grocery and food with expenditure fluctuating between 79 FJD and 3,700 FJD depending on location and the type of person. The average cost of food and groceries for a couple is around 810 FJD per month. That number can be get as low as 270 FJD or a high as 4,300 FJD. Families' spending on grocery ranges from 490 FJD to 9,100 FJD with the location, income, and size of the family being the most determinite factors.

SingleSpending habits, consumption analysis, and expenditure patterns for a single person living in Suva

CoupleAverage monthly living expenditure breaks and spending patterns for couples in Suva

FamilyAverage monthly expenses and break out of spending for families living in Suva

StudentCost of living and expenses break down for students living in Suva