Generally speaking, Indonesia is a cheap place to travel for backpackers, especially when it comes to accommodation and food.
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Daily Budget for IndonesiaOverall, $20-25 USD a day for a solo, bare budget backpacker is quite doable an will get you basic accommodations, 3 meals and a few beers or transport everyday, but will be stretched in the highly touristed areas or if you plan to move around frequently.
Generally, Thailand is cheaper than Indonesia, with lower prices for accommodation, food, and transportation. However, prices can vary depending on the region and type of accommodation, and with some research and planning, visitors can find affordable options in both countries.
You will find money changers all over Indonesia - US dollars are the most useful foreign currency to bring as they are the most widely accepted currency (especially in non-touristy areas).
Yes, it's possible to live off USD $1,000 per month in Bali.But, of course, it all depends on your lifestyle. If you're a single person, you'll need anywhere between USD $750 and USD $2,500 per month. Couples and families who share the cost of rentals will save quite a bit of money.
It is easy to find good deals when visiting Indonesia in the low season. From October to April, you can travel with little advance booking and low prices. Despite frequent downpours, temperatures hover around 30 degrees, and a big plus is that the islands are less crowded and cheaper.