Verified Facts

Official NameLao People's Democratic Republic
CapitalVientiane
Population7.6 million
Area236,800 km² (91,429 sq mi)
LanguagesLao
CurrencyLao kip (â‚­)
TimezoneUTC+07:00
RegionAsia / South-Eastern Asia
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$9,776 (2024)
Inflation Rate23.1% (2024)
Health Spend per Capita$27 (2023)
Out-of-Pocket Health Spend44.8% (2023)
Education Spend (% GDP)1.2% (2023)
Source: World Bank Open Data

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$20-30 USD
Daily Budget (Mid-Range)$40-60 USD
Daily Budget (Comfort)$80-120 USD
CurrencyLAK
Tipping Customnot expected

How Expensive Is Laos?

Laos is considered one of the most affordable countries in Southeast Asia, with a cost of living that is significantly lower than its neighbors, such as Thailand and Vietnam. The country's laid-back atmosphere, stunning natural beauty, and rich cultural heritage make it an attractive destination for travelers and expats alike. Compared to global averages, Laos is a very affordable country, with prices for accommodation, food, and transportation being relatively low. However, prices in tourist areas, such as Vientiane and Luang Prabang, can be slightly higher than in other parts of the country.

Overall, Laos offers great value for money, with a wide range of accommodation options, delicious and affordable food, and a variety of activities and attractions to explore. Whether you're a backpacker, a mid-range traveler, or looking for a more comfortable experience, Laos has something to offer. With its low cost of living and rich cultural heritage, Laos is an excellent choice for travelers looking to experience the best of Southeast Asia without breaking the bank.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$5-15Basic dorms and private rooms, often with shared facilities
Mid-Range Hotel$20-50Comfortable rooms with private bathrooms, air conditioning, and Wi-Fi
Luxury/Resort$80-200High-end hotels and resorts, often with swimming pools, restaurants, and spas
Apartment Rent (monthly)$200-500One-bedroom apartments in city centers, with prices decreasing for larger apartments or those outside of city centers

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$1-3
Casual Restaurant$3-6
Mid-Range Restaurant (2 people)$10-20
Fine Dining$20-50
Beer (local)$1-2
Coffee$1-2
Water (1.5L bottle)$0.50-1

Transport Costs

TransportCost (USD)
Local bus/metro ride$0.10-0.50
Taxi (per km)$0.50-1
Domestic flight$50-100
Fuel (per liter)$0.80-1.20

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent150300600
Food100200400
Transport2050100
Utilities2050100
Entertainment50100200
Total3407001400

Money-Saving Tips

  • Consider staying in guesthouses or hostels, which are often cheaper than hotels and offer a more authentic experience.
  • Eat at local markets or street food stalls, which offer delicious and affordable meals.
  • Use public transportation or walk/bike whenever possible, as taxis and rental cars can be expensive.
  • Avoid traveling during peak season (December to April), when prices for accommodation and tours tend to be higher.
  • Learn some basic Lao phrases, such as "sabai di" (hello) and "khop chai" (thank you), which can go a long way in showing respect for the local culture and people.
  • Consider visiting during the shoulder season (May to June or September to November), when the weather is still pleasant and prices are lower.