What is the Average Salary in Indonesia?

Source: Salary Explorer

Cost of Living in Indonesia in 2024

According to the Numbeo survey, the cost of living in Indonesia is shown below:

Accommodation Expenses

• A 1-bedroom apartment in the city center costs 4,671,853 IDR (293.76 USD) per month
• A 1-bedroom apartment outside the city center costs 2,771,626 IDR (174.27 USD) per month
• A 3-bedroom apartment in the city center costs 12,330,426 IDR (775.3 USD) per month

Grocery Costs

• 1 liter of milk costs 20,514 IDR (1.29 USD)
• 500g loaf bread costs 18,917 IDR (1.19 USD)
• 1 kg white rice costs 14,262 IDR (0.90 USD)
• 12 eggs costs 25,361 IDR (1.59 USD)
• 1 kg chicken fillet costs 53,248 IDR (3.35 USD)
• 1 kg beef costs 128,217 IDR (8.06 USD)

Transportation Costs

• One-way local transport ticket costs nearly 5,000 IDR (0.31 USD)
• Monthly public transport pass costs 150,000 IDR (9.43 USD) per month
• Taxi start fare costs around 9,500 IDR (0.60 USD).

The Key Advantages of Outsourcing to Indonesia

Let’s take a look at how outsourcing to Indonesia benefits businesses:

Reduces Labour Costs

Worker wages are much cheaper in Indonesia compared to many other countries. According to a report by the World Bank Indonesia Jobs Report, lower wages allow businesses to maintain skilled workers without spending too much, making Indonesia an attractive location for outsourcing operations. It’s a smart choice for businesses that want to save money getting quality work done at a much cheaper price.

Tax Benefits

According to the Indonesia Incorp, Indonesia is improving its tax rules to attract both foreign and local investment, giving businesses great chances to grow. The newest changes to the tax holiday rules offer better benefits, including bigger tax cuts and longer periods for investors. These tax breaks help businesses work in Indonesia easier and cheaper. A supportive tax environment helps both local and international companies benefit from a win-win situation.

Rapid Economic Growth

Each year Indonesia’s economy gets stronger. Indonesia’s economy is experiencing rapid growth, with a reported increase of 5.11% in the first quarter of 2024 compared to the same period last year. The steady growth of the country means it’s becoming a more reliable and promising place for businesses to expand and work with local teams. The consistent economic progress is a stable and promising market for long-term business investments.

Low Operating and Living Costs

Everything is cheaper in Indonesia than in any Western country. Here businesses can spend much less money on office space and everyday living costs. This allows companies to use their money more effectively, and save a lot. The country’s low-cost environment gives businesses a huge competitive edge.

Boost Your Remote Team’s Productivity Using Time Champ

Tracking the productivity of remote teams is essential for businesses that want to improve their work results. Without proper tracking, it’s difficult to see how team members are spending their work hours, which makes it challenging to measure performance and improve productivity.

Whether you are outsourcing to Indonesia or other countries, Time Champ helps you enhance your employees’ productivity and understand their performance better.

Time Champ tracks employee productivity efficiently by tracking their hours automatically and provides detailed productive activity reports breaking into productive time, unproductive time and neutral time. These reports help businesses to monitor and improve employees’ performance effortlessly.

Time Champ offers comprehensive project management feature which helps to manage projects and tasks effectively. Time Champ helps businesses completing projects within deadlines and managing workflows easily. Budget tracking also becomes easy using Time Champ.

Businesses want to monitor remote employees to boost their productivity and achieve better results. Time Champ effectively monitor employees’ capturing screenshots, screen recordings and offering live screen monitoring. Time Champ generates automatic Timesheets based on the hours employees spend on their tasks simplifying the payroll process.