A huge selection of Thai food is available, including lots of sea food. Barbecue fish is one of the local favourites. As a large portion of the population are expats, you will find plenty of other cuisines ,too.
Thai food is cheapest, with August 2009 prices ranging from 45 baht for stuff-on-rice through to 250 baht for a nice hunk of fresh barbecue fish at a decent restaurant. 25 baht would get you a fresh banana pancake, and 60 baht a bowl of porridge with honey at a budget resort's restaurant. 200-300 baht would get you a bowl of freshly made Italian pasta, and 160-200 baht for pizza. Fresh fruit juices are available at many stalls for 20-30 baht.
When you get a break from diving, there are a few bars on the island. The bars on the island rotate nights, so the best bet is to ask someone working at dive shop which bar will be crowded that night or check the posters. Many start off the evening at the bars located at the northern end of Sairee, and after they closes at 1am, make a pilgrimage down towards whichever club is open for the rest of the evening at the southern end of Sairee.
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Based on a work at Wikitravel.org & Traveldudes.org.