Cost of living in Kolonia

Kolonia, the capital of Pohnpei State in Micronesia, offers a unique blend of island life and modern amenities. Understanding the cost of living in Kolonia is crucial for potential residents and expatriates considering a move to this Pacific paradise.

This guide provides a detailed breakdown of the expenses you can expect, from housing and utilities to dining and transportation, helping you plan your budget effectively.

Cost of Living Summary

Dining and Restaurants

Inexpensive Restaurant MealA meal at a casual restaurant will typically cost $20 on average, with a range between $14 and $30.
Mid-Range Restaurant (Three-Course Meal for Two)For a more upscale dining experience, expect to pay around $80, with prices ranging from $50 to $120.
Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $12, with a range between $10 and $14.
Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer ranges from $5 to $10, imported beer $6.95 to $12, cappuccino $4 to $8, and Coke/Pepsi $2.5 to $4.5.

Grocery Prices

MilkMilk is priced between $0.79 and $1.58 per liter, averaging $1.03.
Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs between $2.19 and $5.51, with an average price of $3.94.
Eggs (Dozen)A dozen eggs range from $2.25 to $6, averaging $4.34.
Fruits (e.g., Apples, Oranges)Apples cost $3.31 to $8.82 per kg, while oranges range from $2.2 to $11.02 per kg.
Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced between $1.32 and $4.41 per kg, and lettuce costs $1.5 to $2.5 per head.

Transportation

Public Transport (One-Way Ticket)A one-way local transport ticket costs between $2.75 and $5, with a monthly pass priced between $88 and $150.
Fuel (Gasoline)Gasoline is priced between $0.76 and $1 per liter.
Taxi FaresTaxi fares start at $3.5, with a cost of $1.55 to $1.74 per km and $24 to $30 per hour of waiting.

Housing Costs

1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre ranges from $1580 to $2500, averaging $2088.15.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $1250 to $2000, averaging $1670.27.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre ranges from $3000 to $4748, averaging $3745.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent ranges from $2500 to $3500, averaging $3039.95.
Buying Price per Square Meter (City Centre)The price per square meter to buy an apartment in the city centre ranges from $2690.98 to $7534.74, averaging $4327.79.
Buying Price per Square Meter (Outside Centre)Outside the centre, the price per square meter ranges from $3013.89 to $5898.62, averaging $3565.44.

Utilities

Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost between $130 and $360, averaging $198.49.
InternetInternet services range from $45 to $120, with an average cost of $67.02.

Cost of Living Data

The following pricing data has been gathered from 1 user contributions, as of the most recent update in September, 2023.

Salaries And Financing

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Salaries And Financing

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Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

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Overview Job Market

Kolonia Cost of Living

"Key Takeaways"

Kolonia offers a relatively affordable cost of living compared to many urban centers. Housing costs can vary significantly depending on location, with city centre apartments being more expensive.
Dining out is moderately priced, with a range of options from casual to upscale dining. Grocery prices are reasonable, though some imported goods may be more expensive.
Transportation costs are manageable, with public transport and fuel prices being relatively low. Utilities and internet services are also reasonably priced, contributing to an overall balanced cost of living.

Conclusion

Kolonia, Micronesia, presents a unique living experience with its blend of island charm and modern conveniences. The cost of living is generally affordable, making it an attractive option for those seeking a balance between lifestyle and expenses.

Potential residents should consider the variability in housing costs and plan accordingly. Overall, Kolonia offers a welcoming environment with a cost structure that supports a comfortable lifestyle.