🇲🇲 Cost of Living in Myanmar - Prices & Budget Guide
Last updated: February 2026
Verified Facts
Official NameRepublic of the Union of Myanmar
CapitalNaypyidaw
Population51.3 million
Area676,578 km² (261,228 sq mi)
LanguagesBurmese
CurrencyBurmese kyat (Ks)
TimezoneUTC+06:30
RegionAsia / South-Eastern Asia
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$5,997 (2024)
Inflation Rate8.8% (2019)
Health Spend per Capita$56 (2023)
Out-of-Pocket Health Spend71.1% (2023)
Education Spend (% GDP)2.0% (2019)
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
CurrencyMMK
Tipping Customnot expected
How Expensive Is Myanmar?
Myanmar is considered an affordable country to visit or live in, with a cost of living that is lower than many of its neighbors in Southeast Asia. The country has a relatively low cost of accommodation, food, and transportation, making it an attractive destination for budget-conscious travelers and expats. Compared to other countries in the region, Myanmar is generally cheaper than Thailand and Laos, but more expensive than Cambodia. However, prices can vary depending on the location, with cities like Yangon and Naypyidaw tend to be more expensive than smaller towns and rural areas.
Overall, Myanmar offers a great balance of affordability and quality of life, making it an excellent choice for those looking to experience the unique culture and natural beauty of the country without breaking the bank. With a little planning and research, visitors and expats can enjoy a comfortable and affordable lifestyle in Myanmar. The country's affordable cost of living, combined with its rich cultural heritage and stunning natural scenery, make it an attractive destination for travelers and expats alike.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$5-15
Basic dorms and guesthouses, often with shared facilities
Mid-Range Hotel
$20-50
Clean and comfortable hotels with private bathrooms and air conditioning
Luxury/Resort
$80-200
High-end hotels and resorts with modern amenities and services
Apartment Rent (monthly)
$200-500
City center apartments, with prices varying depending on size and amenities
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$1-3
Casual Restaurant
$5-10
Mid-Range Restaurant (2 people)
$15-30
Fine Dining
$30-50
Beer (local)
$2-5
Coffee
$1-3
Water (1.5L bottle)
$0.50-1
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$0.20-1
Taxi (per km)
$1-2
Domestic flight
$50-100
Fuel (per liter)
$0.80-1.20
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
150
300
600
Food
150
300
500
Transport
50
100
200
Utilities
50
100
150
Entertainment
100
200
300
Total
500
1000
1750
Money-Saving Tips
Consider staying in budget-friendly guesthouses or hostels, which can be found for as low as $5-10 per night.
Eat at local eateries or street food stalls, which offer delicious and affordable meals for $1-3.
Use public transportation, such as buses or trains, which are cheap and convenient.
Avoid traveling during peak season, when prices for accommodation and transportation tend to be higher.
Learn some basic Burmese phrases, which can help you navigate and negotiate prices more effectively.
Consider purchasing a local SIM card or portable Wi-Fi hotspot, which can be more cost-effective than relying on international roaming or tourist-friendly internet cafes.