Cost of living in Palikir

Palikir, the capital of Micronesia, offers a unique living experience with its tropical climate and cultural richness. Understanding the cost of living in Palikir is crucial for anyone considering relocating or planning an extended stay.This guide provides a detailed breakdown of expenses in Palikir, covering essential categories such as dining, groceries, transportation, housing, and utilities.

Cost of Living Summary

Dining and Restaurants

Inexpensive Restaurant MealA meal at a casual restaurant typically costs $30.
Mid-Range Restaurant (Three-Course Meal for Two)For a three-course meal for two at a mid-range restaurant, expect to pay around $45.
Fast Food (e.g., McDonald's)A McMeal or equivalent combo meal averages $6.
Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi)Domestic beer costs $1, imported beer $2, cappuccino $3, and Coke/Pepsi $1.15.

Grocery Prices

MilkMilk is priced at $0.21 per liter.
Bread (Loaf of Fresh White Bread)A loaf of fresh white bread costs $2.2.
Eggs (Dozen)A dozen eggs cost $2.4.
Fruits (e.g., Apples, Oranges)Apples cost $3.53 per kg, while oranges are $2.2 per kg.
Vegetables (e.g., Potatoes, Lettuce)Potatoes are priced at $3.31 per kg, and lettuce costs $1.9 per head.

Transportation

Public Transport (One-Way Ticket)A one-way local transport ticket costs $0.8, with a monthly pass priced at $34.
Fuel (Gasoline)Gasoline is priced at $3.12 per liter.
Taxi FaresTaxi fares start at $6.25, with a cost of $1.65 per km and $4.8 per hour of waiting.

Housing Costs

1-Bedroom Apartment Rent (City Centre)Rent for a 1-bedroom apartment in the city centre is $700.
1-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent is $600.
3-Bedroom Apartment Rent (City Centre)Rent for a 3-bedroom apartment in the city centre is $755.
3-Bedroom Apartment Rent (Outside Centre)Outside the centre, rent is $645.
Buying Price per Square Meter (City Centre)The price per square meter to buy an apartment in the city centre is $805.
Buying Price per Square Meter (Outside Centre)Outside the centre, the price per square meter is $650.

Utilities

Basic Utilities (Electricity, Heating, Water, etc.)Basic utilities for an 85m2 apartment cost $40.
InternetInternet services cost $265.

Cost of Living Data

The following pricing data has been gathered from 5 user contributions, as of the most recent update in September, 2024.

Restaurants

Avg / Range

Restaurants

Avg

Range

Meal, Inexpensive Restaurant

$30.00

Meal for 2 People, Mid-range Restaurant, Three-course

$45.00

McMeal at McDonalds (or Equivalent Combo Meal)

$6.00

Domestic Beer (0.5 liter draught)

$1.00

Imported Beer (0.33 liter bottle)

$2.00

Coke/Pepsi (0.33 liter bottle)

$1.15

Water (0.33 liter bottle)

$2.00

Cappuccino (regular)

$3.00

Markets

Avg / Range

Markets

Avg

Range

Milk (regular), (1 liter)

$0.21

Loaf of Fresh White Bread (500g)

$2.20

Eggs (regular) (12)

$2.40

Local Cheese (1kg)

$4.41

Water (1.5 liter bottle)

$1.10

Bottle of Wine (Mid-Range)

$6.75

Domestic Beer (0.5 liter bottle)

$1.43

Imported Beer (0.33 liter bottle)

$1.40

Cigarettes 20 Pack (Marlboro)

$18.00

Chicken Fillets (1kg)

$4.41

Apples (1kg)

$3.53

Oranges (1kg)

$2.20

Potato (1kg)

$3.31

Lettuce (1 head)

$1.90

Rice (white), (1kg)

$2.20

Tomato (1kg)

$3.09

Banana (1kg)

$2.54

Onion (1kg)

$2.20

Beef Round (1kg) (or Equivalent Back Leg Red Meat)

$6.61

Transportation

Avg / Range

Transportation

Avg

Range

One-way Ticket (Local Transport)

$0.80

Monthly Pass (Regular Price)

$34.00

Gasoline (1 liter)

$3.12

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

$3,995.00

Taxi Start (Normal Tariff)

$6.25

Taxi 1km (Normal Tariff)

$1.65

Taxi 1hour Waiting (Normal Tariff)

$4.80

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

$4,000.00

Rent Per Month

Avg / Range

Rent Per Month

Avg

Range

Avg

Range

Average Monthly Net Salary (After Tax)

$275.00

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

380000%

Childcare

Avg / Range

Childcare

Avg

Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

$115.00

International Primary School, Yearly for 1 Child

$1,685.00

Overview Job Market

Affordability

Very Expensive

About this index

Palikir Cost of Living

"Key Takeaways"

Palikir presents a relatively affordable cost of living compared to many global cities, with low rental prices and inexpensive dining options.
Transportation costs are minimal, making it easy to navigate the city without a significant financial burden.
While utilities and internet services are on the higher side, overall living expenses remain manageable.

Conclusion

In conclusion, Palikir offers a cost-effective living environment with affordable housing and dining options. While some costs, such as internet services, are higher, the overall expenses are balanced by low transportation and grocery prices.

For those considering a move to Palikir, understanding these costs can help in budgeting and making informed decisions about living in this unique capital city.