Verified Facts

Official NameRepublic of the Maldives
CapitalMalé
Population515,132
Area300.0 km²
LanguagesMaldivian
CurrencyMaldivian rufiyaa (.Þƒ)
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

Food prices in Maldives are generally higher than the regional average due to the country's remote island location and reliance on imported goods.

Quick Facts

Meal at Inexpensive Restaurant($15-$25 USD)
Meal for 2 at Mid-Range Restaurant($40-$70 USD)
Monthly Grocery Budget (1 person)($300-$500 USD)
Local Beer (500ml)($8-$12 USD)
CurrencyMVR

Food Costs Overview

The cost of food in Maldives is influenced by several factors, including the high cost of transportation, limited local production, and a strong tourist industry. As a result, eating out can be expensive, with prices ranging from $15 to $25 per meal at an inexpensive restaurant. However, the country's unique cuisine, which combines Indian, Sri Lankan, and Middle Eastern flavors, is a major draw for tourists and locals alike. The eating-out culture is prevalent in the capital city of Male, where a wide range of restaurants and cafes cater to different tastes and budgets. In contrast, home cooking is also popular, especially in rural areas where fresh seafood and local ingredients are readily available.

The prices of food in Maldives are driven up by the high cost of imports, which account for a significant proportion of the country's food supply. However, the government has implemented initiatives to promote local agriculture and reduce reliance on imported goods. Additionally, the country's inflation rate of 1.4% in 2024 is relatively low, which has helped to keep food prices stable. Overall, the cost of food in Maldives is higher than in other Asian countries, but the unique cuisine and dining experiences make it a worthwhile destination for foodies and travelers.

Grocery Prices

ItemPrice (USD)Local PriceNotes
Milk (1 liter)$2.50-$3.5040-55 MVRImported from India or Sri Lanka
Bread (white loaf)$1.50-$2.5025-40 MVRLocal bakeries or imported
Eggs (dozen)$2.00-$3.0030-45 MVRLocal farms or imported
Rice (1 kg)$1.50-$2.5025-40 MVRImported from India or Pakistan
Chicken breast (1 kg)$6.00-$8.00100-130 MVRImported from Brazil or Thailand
Beef (1 kg)$10.00-$15.00180-250 MVRImported from Australia or India
Apples (1 kg)$5.00-$7.0080-120 MVRImported from the United States or China
Tomatoes (1 kg)$2.00-$3.0030-45 MVRLocal farms or imported
Potatoes (1 kg)$1.50-$2.5025-40 MVRLocal farms or imported
Onions (1 kg)$1.00-$2.0020-30 MVRLocal farms or imported
Local cheese (1 kg)$8.00-$12.00130-200 MVRMade from imported milk
Water (1.5L bottle)$1.00-$2.0015-30 MVRLocal brand or imported

Restaurant Prices

Meal TypePrice Range (USD)Notes
Street Food / Local Eatery$5-$10Traditional dishes like mas huni and bambukeylu
Casual Restaurant$15-$30International cuisine, including Chinese, Indian, and Italian
Mid-Range Restaurant (2 people)$40-$70Seafood, steak, and other Western dishes
Fine Dining (2 people)$100-$200Upscale restaurants with fine wine and gourmet cuisine
Local Beer (draft, 500ml)$8-$12Sri Lankan beer or Indian beer
Imported Beer (330ml)$10-$15European beer or Australian beer
Cappuccino$5-$8Coffee shops and cafes in Male
Soft Drink (can)$2-$4Coca-Cola, Pepsi, or local brands

Supermarket vs Local Market

The prices of groceries in Maldives can vary significantly depending on whether you shop at a supermarket or a local market. Supermarkets tend to be more expensive, with prices similar to those in Western countries. However, they offer a wider range of products, including imported goods and organic produce. In contrast, local markets are generally cheaper, with prices that are more competitive with other Asian countries. At local markets, you can find fresh produce, seafood, and traditional snacks, as well as local handicrafts and souvenirs.

When shopping at local markets, it's essential to bargain, as prices are often negotiable. You can expect to pay 10-20% less than the initial price quoted by the vendor. Additionally, local markets are a great place to try street food and local delicacies, which are often cheaper and more flavorful than restaurant meals. However, be aware that food safety and hygiene standards may vary at local markets, so it's essential to take necessary precautions to avoid food poisoning.

Local Food Tips

  • Eat at local eateries or street food stalls to try traditional dishes at affordable prices.
  • Buy fresh seafood directly from fishermen or at local markets to get the best prices.
  • Try local snacks like mas huni or bambukeylu, which are made from fresh coconut, fish, and spices.
  • Avoid buying imported products, which tend to be more expensive than local alternatives.
  • Visit local markets to buy fresh produce, handicrafts, and souvenirs at competitive prices.
  • Bargain when shopping at local markets to get the best deals.
Related Cost Guides: Cost of Living Overview · Monthly Budget · Rent & Housing · Economy · Maldives vs Sri Lanka · Maldives vs Seychelles