Cost of Living in Jakarta: A 2024 Guide on Expected Expenses

Indonesia’s capital, Jakarta, is an ideal destination to live, study, and work. The city boasts diverse architecture, cuisine, and language, which are influenced by a historic mix of cultures like Chinese, Maly, Indian, European, and Arab. Being an economic, political, and cultural centre of Indonesia, Jakarta is one of the most ideal cities in Indonesia. If you are planning to move to this amazing city, then make sure you are aware of its living expenses. Here, we will discuss in detail the cost of living in Jakarta. Keep reading to learn about the city’s various expenses, such as transportation costs, utility costs, grocery prices, tuition fees, and more. 

Why Choose Jakarta to Study Abroad

Before learning about the cost of living in Jakarta, let’s understand why you should study in this beautiful city. So, here are some of the main reasons why you should study in Jakarta: 

Expand Your Cultural Horizons

Jakarta is home to diverse cultures, reflected in its cuisine, architecture, and social fabric. Students get a chance to explore historical landmarks like the National Monument (Monas), which symbolises Indonesia’s struggle for independence. Studying in Jakarta allows you to increase your cultural awareness.

Amazing Startup Scene

Jakarta boasts the highest-ranked startup ecosystem in Indonesia. The booming startups in the city allow graduates to find employment easily. Moreover, the brilliant startup scene and growing economy of the city position aspiring entrepreneurs to successfully start and grow their businesses. 

High-Quality Education

Jakarta boasts numerous top-notch universities that have a track record for offering high-quality education, such as:

• Jakarta State University
• Universitas Trisakti
• Universitas Nasional
• Indraprasta PGRI University Campus A
• Paramadina University

Also Read: Best Universities in Asia 2024: For Engineering, Computer Science, Business

Cost of Living in Jakarta

The estimated monthly cost of a family of four in Jakarta is IDR 27,763,839.5 without rent. On the other hand, a single individual spends about IDR 8,125,143.7 per month without rent in the city. 

Let’s understand the cost of living in Jakarta in complete detail: 

Transportation

The transportation costs in Jakarta are shown in the table shown below: 

Price of a One-way Ticket for Local Transport	IDR 4,000
Regular Price of Monthly Pass	IDR 200,000
Cost of Taxi Start (Normal Tariff)	IDR 8,500
Cost of Taxi 1 km (Normal Tariff)	IDR 5,000
Cost of Taxi 1 hour Waiting (Normal Tariff)	IDR 50,000

Grocery Expenses

The table below lists the average grocery costs in the city:

Price of 1 litre Milk (regular)	IDR 21,634.38
Price of 1 kg Rice (white)	IDR 14,573.08
Price of Eggs (regular) (12)	IDR 28,919.74
Cost of Loaf of Fresh White Bread (500g)	IDR 18,418.58

Restaurant Costs

The table below shows the average restaurant costs you can expect to bear in Jakarta:

Price of Meal at an Inexpensive Restaurant	IDR 30,000
Price of Meal for 2 People, Mid-range Restaurant, Three-course	IDR 350,000

Utility Costs

Here are the average utility expenses in the city:

Basic Utility Cost (Heating, Electricity, Cooling, Water, and Garbage) for 85m2 Apartment	IDR 1,441,825.34
Monthly Plan of Mobile Phone with Calls and 10GB+ Data	IDR 93,833.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	IDR 438,038.46

Housing Costs

This is what the housing costs look like in Jakarta: 

Monthly Rent for 1 Bedroom Apartment in City Center (40 m2 or 430 ft2)	IDR 6,796,774.19
Monthly Rent for a Cheap 1 Bedroom Apartment (40 m2 or 430 ft2)	IDR 3,955,172.41
Monthly Rent for a 3 Bedroom Apartment in City Center (80 m2 or 860 ft2)	IDR 17,736,780.87
Monthly Rent for a Cheap 3 Bedroom Apartment (80 m2 or 860 ft2)	IDR 9,785,396.59
Apartment Price to Buy in City Center (1 m2 or 10 ft2)	IDR 43,251,111.13
House Price to Buy in Suburbs (1 m2 or 10 ft2)	IDR 19,977,785.07

Average Tuition Fees in Jakarta  

Now that you know about the cost of living in Jakarta, let’s have a look at the education expenses in the city. The table below shows the tuition fees you can expect to pay at a university in Jakarta: 

Average Annual Tuition Fees for Undergraduate Courses	IDR 31,266,360 to IDR 104,221,200
Average Annual Tuition Fees for Postgraduate Courses	IDR 41,688,480 to IDR 156,331,800
Average Annual Tuition Fees for PhD Courses	IDR 52,110,600 to IDR 208,442,400

Things to Know When Moving to Jakarta 

If you have finally made up your mind to move to Jakarta, then make sure you take into account certain important factors beforehand. So, here are some of the things you should know before you move to this magnificent city: 

Third Largest Motorcyclist Population

Jakarta has the third-largest motorcyclist population in the world and its capital is no exception in terms of motorcycles flitting in and out of traffic jams. You can rent a motorcycle in the city for just IDR 77,803 a day and get around conveniently. 

Great Culinary Scene

Jakarta is truly heaven for foodies. The city is full of leafy brunch places, third-wave coffee joints, and retro restaurants serving Chinese-Indonesian cuisine. Jakarta boasts a diverse range of mouth-watering delicacies that can truly gratify your taste buds. 

Affordable Accommodation

The cost of housing and accommodation in Indonesia is very affordable in comparison to other popular Asian study destinations like Singapore. So, Jakarta offers you great living conditions while being merciful to your pocket.

Amazing Public Transportation System

Jakarta boasts a great public transportation system that includes, trains, buses, and taxis. This allows you to get around the city conveniently and affordably. 

Also Read: Best Countries to Study in Asia

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FAQs

So, this was all about the cost of living in Jakarta. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.