Micronesia, Palikir

Country Full Name: Federated States of Micronesia.

Location: The Federated States of Micronesia in in Oceania, it is an island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia.

Country Climate: Tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage.

Country Terrain: Islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk.

Major Languages: English, Trukese, Pohnpeian, Yapese, Kosrean.

Major Religions: Christianity.

Population: 0.0046 Mil (2012 est.).

Country Economy: The economy of the Federated States of Micronesia consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remoteness of the location and a lack of adequate facilities hinder development. Financial assistance from the US is the primary source of revenue.

Currency: US Dollar (USD).

Inflation: 2% (2011 est.).

Palikir is the capital of the Federated States of Micronesia.

Palikir is located on the island of Pohnpei.

The cost of living in Palikir in Micronesia is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Palikir in Micronesia is currently ranked 57 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are very high compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 64 places that are more expensive, and 715 places that are less expensive for alcohol and or tobacco.

Clothing costs are high compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 221 places that are more expensive, and 558 places that are less expensive for clothing.

Communication costs are average compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 373 places that are more expensive, and 406 places that are less expensive for communication.

Education costs are low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 528 places that are more expensive, and 251 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 202 places that are more expensive, and 577 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 67 places that are more expensive, and 712 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 72 places that are more expensive, and 707 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 40 places that are more expensive, and 739 places that are less expensive for household accommodation.

Miscellaneous costs are very low compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 626 places that are more expensive, and 153 places that are less expensive for miscellaneous items.

Personal Care costs are very high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 133 places that are more expensive, and 646 places that are less expensive for personal care.

Recreation and Culture costs are very high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 112 places that are more expensive, and 667 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 256 places that are more expensive, and 523 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 141 places that are more expensive, and 638 places that are less expensive for transport.

Personalized cost of living indexes for Palikir in Micronesia are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Palikir in Micronesia is ranked as high degree of hardship with a hardship index of 30%.

Personalized hardship index premiums for Palikir in Micronesia are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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