Real (R$)

Daily Costs

Budget: Less than R$200

  • Hostel bed: R$40–70
  • Sandwich and drink in a juice bar: R$18
  • Coconut water on the beach: R$5-8

Midrange: R$200–600

  • Standard double room in Copacabana: R$300
  • Dinner for two: R$100–180
  • Guided bicycle tour: R$100–150
  • Admission to a samba club: R$20–50

Top End: More than R$600

  • Boutique hotel room: from R$600
  • Dinner for two at top restaurant with drinks: R$350
  • Hang gliding off Pedra Bonita: R$500


A little bargaining for hotel rooms should become second nature. Before you agree to take a room, ask for a better price: ‘Tem desconto?’ (Is there a discount?) and ‘Pode fazer um melhor preço?’ (Can you give a better price?) are the phrases to use. There’s sometimes a discount for paying à vista (cash).

You should also bargain when shopping in markets. And if you’re about to ride in unmetered taxis, be sure to agree on the price before departing.


ATMs widely available. Credit cards accepted in most midrange and top-end hotels and restaurants.


ATMs are the handiest way to access money in Rio. Unfortunately, there has been an alarming rise in card cloning, with travelers returning home to find unauthorized withdrawals on their cards. This has been especially problematic with Bradesco ATMs, which you should avoid at all costs.

When possible, use high-traffic ATMs inside bank buildings during banking hours. Always cover your hands when inputting your PIN, and check your account frequently to make sure you haven’t been hacked.

ATMs for most card networks are widely available.

Banco do Brasil has branches with ATM in Centro, Copacabana and Galeão international airport.

Changing Money

For exchanging cash, casas de cambio (exchange offices) cluster behind the Copacabana Palace hotel in Copacabana and along Visconde de Pirajá near Praça General Osório in Ipanema.

Credit Cards

Visa is the most widely accepted credit card in Rio; MasterCard, American Express and Diners Club are also accepted by many hotels, restaurants and shops.

Credit-card fraud is rife in Rio, so be very careful. When making purchases keep your credit card in sight at all times. Have staff bring the machine to your table or follow them to the cashier – don’t give them your card.


The monetary unit of Brazil is the real (R$; pronounced hay-ow); the plural is reais (pronounced hay-ice).

More Information

The real is made up of 100 centavos. Most prices are quoted in reais, though some tour operators and hoteliers prefer to list their rates in US dollars or euros.


  • Restaurants Serviço (service charge) usually included in bills and mandatory; when serviço not included, leave 10%, more if a waiter is friendly and helpful.
  • Juice stands, bars, coffee corners, street and beach vendors Tipping not customary but a welcome gesture.
  • Parking assistants Usually about R$4 (these workers receive no wages and are dependent on tips).
  • Taxi drivers Not usually tipped; round up the fare.