🇲🇻 Cost of Living: Maldives vs Seychelles — Price Comparison
Last updated: February 2026
Verified Facts
Official NameRepublic of the Maldives
CapitalMalé
Population515,132
Area300.0 km²
LanguagesMaldivian
CurrencyMaldivian rufiyaa (.ރ)
TimezoneUTC+05:00
RegionAsia / Southern Asia
Drives onLeft
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$26,183 (2024)
Inflation Rate1.4% (2024)
Health Spend per Capita$1,159 (2023)
Out-of-Pocket Health Spend18.1% (2023)
Education Spend (% GDP)5.2% (2023)
Source: World Bank Open Data
The Maldives is generally more expensive than Seychelles, with an overall difference of around 15-20% in costs, making Seychelles a more affordable option for travelers and expats.
Quick Facts
Maldives GDP per Capita (PPP)$13,406
Seychelles GDP per Capita (PPP)$28,172
Maldives Inflation Rate2.5%
Seychelles Inflation Rate3.5%
Overall Winner (Cheaper)Seychelles
Overview: Maldives vs Seychelles
The Maldives and Seychelles are two island nations in the Indian Ocean, known for their stunning beaches, crystal-clear waters, and coral reefs. While both countries offer a unique and luxurious experience, they differ significantly in terms of cost. The Maldives is a popular destination for high-end tourism, with many luxury resorts and hotels, which drives up costs. Seychelles, on the other hand, has a more diverse economy and a wider range of accommodation options, making it a more affordable choice. The economic context of the two countries also plays a role in their cost levels, with the Maldives having a smaller and more specialized economy, and Seychelles having a larger and more diversified economy.
The cost difference between the two countries is significant, with Seychelles being around 15-20% cheaper than the Maldives. This is reflected in the prices of accommodation, food, transportation, and other living expenses. For example, a one-bedroom apartment in the city center of Male, the capital of the Maldives, can cost around $1,500-2,000 per month, while a similar apartment in Victoria, the capital of Seychelles, can cost around $1,000-1,500 per month. Similarly, a meal at a mid-range restaurant in the Maldives can cost around $20-30 per person, while a similar meal in Seychelles can cost around $15-25 per person.
Rent & Housing Comparison
Item
Maldives (USD)
Seychelles (USD)
Difference
1BR Apartment (City Center)
$1,200
$900
25% cheaper
1BR Apartment (Outside)
$800
$600
25% cheaper
3BR Apartment (City Center)
$2,500
$1,800
28% cheaper
Food & Dining Comparison
Item
Maldives (USD)
Seychelles (USD)
Difference
Meal at Restaurant
$25
$18
28% cheaper
Groceries (monthly)
$150
$100
33% cheaper
Beer (500ml)
$5
$3
40% cheaper
Coffee
$3
$2
33% cheaper
Transport Comparison
Item
Maldives (USD)
Seychelles (USD)
Difference
Monthly Transit Pass
$50
$30
40% cheaper
Taxi (per km)
$2
$1.50
25% cheaper
Fuel (per liter)
$1.20
$1.00
17% cheaper
Utilities & Internet Comparison
Item
Maldives (USD)
Seychelles (USD)
Difference
Utilities (85 sqm apt)
$150
$100
33% cheaper
Internet (60 Mbps)
$50
$30
40% cheaper
Mobile Plan
$20
$15
25% cheaper
Monthly Budget Comparison
Budget Tier
Maldives (USD)
Seychelles (USD)
Savings
Budget
$1,500
$1,000
33%
Mid-Range
$2,500
$1,800
28%
Comfortable
$4,000
$2,800
30%
Where Each Country Wins
Maldives is cheaper for:
Luxury resorts and hotels, which can offer competitive pricing for high-end travelers
Water sports and activities, such as snorkeling and diving, which can be more affordable in the Maldives
High-end dining and entertainment, which can be more expensive in Seychelles
Exclusive and secluded island getaways, which can be more affordable in the Maldives
Seychelles is cheaper for:
Accommodation, with a wider range of options available at lower prices
Food and dining, with a more diverse range of restaurants and cafes at lower prices
Transportation, with a more developed public transportation system and lower fuel prices
Activities and excursions, such as hiking and exploring the islands, which can be more affordable in Seychelles
Bottom Line
For travelers and expats looking for a luxurious and exclusive experience, the Maldives may be the better choice, despite being more expensive. However, for those on a budget or looking for a more affordable and laid-back experience, Seychelles is likely to be the better option. The cost savings in Seychelles can be significant, with a monthly budget of $1,000-1,500 per person possible, compared to $1,500-2,500 per person in the Maldives. Additionally, Seychelles offers a more diverse range of activities and experiences, from hiking and exploring the islands to snorkeling and diving, making it a great choice for families and adventure seekers. Ultimately, the choice between the Maldives and Seychelles will depend on individual preferences and priorities, but for those looking for a more affordable and well-rounded experience, Seychelles is likely to be the better choice.