The best thing to do is just get there and walk around until you find a place that suits you. A few touts, while polite, will greet you at the boat landing and give you the pitch for their hotels as soon as you set foot on land. The island is so small, though, that it really doesn't take a lot of time to wander around and price shop. I thought the east side of the island (take a right when you get off the boat) had the nicest beach. On the west shore and portions of the north, the beach is mostly broken coral. Truthfully, though, I can't really think of a bad spot on the island. The food is delectable, the surroundings are sublime and you'll have made friends with half the island by the end of your second day.

Snorkeling gear cost $2-3 per day to rent. Beer is about $1. Mixed drinks cost two to three times time that, although you can sometimes get a better deal if you buy some of the, how shall we say, locally produced spirits. I remember food costs being similar to Bali. It's not crazy cheap, but you can eat a really good meal for $5. Nighttime spear fishing was about $15. The only expensive thing you may want to do is charter a boat to one of the other islands. A girl who took the trip to Trawangan for a full moon party said it costs about $30, although that is split by everyone in the boat. If their schedule meets your needs, though, the local ferries are very inexpensive.

Sorry for rambling. I hope that helps. I meant to stay a couple nights on Gili Air and I ended up staying five. It's the kind of place that makes you lose your sense of time and forget why you wanted to live anywhere else.

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