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 Meal - A 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

  • Milk - Milk 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 Fares - Taxi 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.
  • Internet - Internet 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
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
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
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
Apartment (1 bedroom) in City Centre
$700.00
Apartment (1 bedroom) Outside of Centre
$600.00
Apartment (3 bedrooms) in City Centre
$755.00
Apartment (3 bedrooms) Outside of Centre
$645.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$40.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$265.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$15.00
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$41.00
Tennis Court Rent (1 Hour on Weekend)
$20.00
Cinema, International Release, 1 Seat
$7.00
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$20.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$25.00
1 Pair of Nike Running Shoes (Mid-Range)
$70.00
1 Pair of Men Leather Business Shoes
$55.00
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment in City Centre
$805.00
Price per Square Meter to Buy Apartment Outside of Centre
$650.00
Salaries And Financing
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
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$115.00
International Primary School, Yearly for 1 Child
$1,685.00
OverviewJob Market
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.

Palikir

Nearby Cities

We don't have any relevant "Quality of life" data on cities with a 200 mile radius of Palikir
All cities in Micronesia