How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Papua New Guinea (ISO Code: PG) Travel Guide
When planning a week-long mid-range stay in Papua New Guinea (PNG), travelers should budget around PGK 2,000 to PGK 3,500 (approximately USD 560 to USD 980) to cover their expenses comfortably. This budget will allow for a range of activities and experiences across some of the country's stunning locales. Here’s a breakdown of typical daily expenses you might encounter:
- 🍽️ Meal at a local restaurant: PGK 20-50
- 🚌 Public transport fare: PGK 2-5
- 📶 Prepaid SIM card: PGK 20-50
- 🏨 Budget hotel or Airbnb: PGK 150-300 per night
In comparison to the United States, where costs are generally higher, visiting Papua New Guinea is on the cheaper side, although it can be pricier than other Southeast Asian destinations. Compared to Australia, PNG is significantly less expensive, with lower costs for food and lodging, though imported goods may reflect higher prices.
Expat Living in Papua New Guinea
For expatriates considering a move to Papua New Guinea, monthly living costs can vary, but a typical budget for a comfortable lifestyle usually ranges from PGK 5,000 to PGK 10,000 (approximately USD 1,400 to USD 2,800) depending on individual needs and preferences. This estimate includes rent, utilities, food, and transportation. When it comes to banking and money management, it’s advisable to have a local bank account to handle regular expenses conveniently. Major credit cards are accepted in urban areas, but it’s wise to carry cash for transactions at smaller vendors or in rural locations. For remittances, online transfer services like Wise and OFX often deliver better rates and lower fees than traditional banking methods, making them a more cost-effective choice for sending and receiving money. As for currency exchange, you can often secure better rates at local banks than at airports or tourist spots.