This traditional village is a trading post, with locals bartering yak cheese and butter for agricultural goods grown at lower altitudes. In addition, as Namche is the first place on the Khumbu trek that is above altitude sickness threshold, most travelers prefer to spend at least two nights here in order to acclimatize. Still, despite the village's popularity with trekkers, geographical restraints have contained its growth, and it remains a small settlement with no more than 60 dwellings. In addition to an abundance of hotels, the village also boasts three small museums, a stupa, monastery, several cafes and bakeries and many well stocked stores.

Namche has several official money changing facilities, and as it is the only place in the region to offer this service (besides Lukla), travelers should ensure that they have sufficient cash for the remainder of their journey before leaving the village. NB: The rate of exchange in Namche is much lower than in Kathmandu, and so it is advised to only use the facilities in Khumbu as a last resort or for changing small amounts of money.