Server setup on Digital Ocean for Laravel 5.4

There are tons of up-to-date tutorials on the Digital Ocean site. What kind of server do you want? Apache? nginx? This might help you decide: https://www.digitalocean.com/community/tutorials/apache-vs-nginx-practical-considerations

Thanks zachleigh, I know how to set up the LAMP/LEMP part but heard that Laravel needed a special setup in addition to one of these stacks? Is that the case?

Furthermore, do you know if a 5 Dollar Digital Ocean droplet is sufficient for a basic Laravel application?

I dont know about nginx, but Apache doesn't need anything special. Just point the virtual host file to your public directory and make sure you have the options set correctly. I believe this works:

Options -Indexes +FollowSymLinks +MultiViews
AllowOverride All
Require all granted