Verified Facts

Official NameSolomon Islands
CapitalHoniara
Population750,325
Area28,896 km² (11,157 sq mi)
LanguagesEnglish
CurrencySolomon Islands dollar ($)
TimezoneUTC+11:00
RegionOceania / Melanesia
Drives onLeft
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$2,675 (2024)
Inflation Rate4.3% (2024)
Health Spend per Capita$111 (2023)
Out-of-Pocket Health Spend3.2% (2023)
Education Spend (% GDP)8.3% (2023)
Source: World Bank Open Data

Quick Facts

Cost LevelAffordable
Daily Budget (Backpacker)$30-50 USD
Daily Budget (Mid-Range)$80-120 USD
Daily Budget (Comfort)$150-250 USD
CurrencySBD
Tipping Customnot expected

How Expensive Is Solomon Islands?

Solomon Islands is considered an affordable destination, with a cost of living that is relatively low compared to other countries in the Pacific region. The country's economy is largely driven by agriculture, fishing, and tourism, which contributes to its affordable prices. Compared to its neighbors, Papua New Guinea and Vanuatu, Solomon Islands is slightly more affordable, making it an attractive destination for travelers and expats. However, prices can vary depending on the location, with the capital city Honiara tend to be more expensive than other areas.

The cost of living in Solomon Islands is also influenced by the country's remote location, which can make it difficult to import goods and services. As a result, some items, such as electronics and luxury goods, may be more expensive than in other countries. However, the cost of basic necessities like food, accommodation, and transportation is relatively low, making it an affordable destination for travelers and expats.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$10-20basic amenities, shared facilities
Mid-Range Hotel$40-80private room, air conditioning, TV
Luxury/Resort$150-300high-end amenities, beachfront location
Apartment Rent (monthly)$200-500city center, furnished, 1-2 bedrooms

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$3-5
Casual Restaurant$10-20
Mid-Range Restaurant (2 people)$25-40
Fine Dining$50-100
Beer (local)$2-5
Coffee$2-5
Water (1.5L bottle)$1-3

Transport Costs

TransportCost (USD)
Local bus/metro ride$1-2
Taxi (per km)$2-5
Domestic flight$100-200
Fuel (per liter)$1-2

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent200400800
Food3006001,200
Transport100200400
Utilities100200300
Entertainment200400600
Total1,0002,0003,300

Money-Saving Tips

  • Consider staying in a hostel or guesthouse instead of a hotel to save on accommodation costs
  • Eat at local markets or street food stalls to try traditional cuisine at a low cost
  • Use public transportation or walk instead of taking taxis to get around
  • Buy local products and avoid imported goods to save on shopping costs
  • Avoid traveling during peak season (June to September) to save on accommodation and tour prices
  • Learn some basic Tok Pisin phrases to negotiate prices and interact with locals, which can help you save money and have a more authentic experience

Overall, Solomon Islands is an affordable destination that offers a unique and authentic Pacific Island experience. With some planning and research, travelers can have a great time exploring the country's beautiful islands, culture, and history without breaking the bank. By following these money-saving tips and being mindful of prices, visitors can make the most of their trip to Solomon Islands.