Verified Facts

Official NameTerritory of the Cocos (Keeling) Islands
CapitalWest Island
Population593
Area14.0 km²
LanguagesEnglish
CurrencyAustralian dollar ($)
TimezoneUTC+06:30
RegionOceania / Australia and New Zealand
Drives onLeft
Source: REST Countries API

The cost of living in or visiting Cocos Islands is relatively expensive due to its remote location and limited availability of goods and services.

Quick Facts

Cost LevelExpensive
Daily Budget (Backpacker)$80-120 USD
Daily Budget (Mid-Range)$150-250 USD
Daily Budget (Comfort)$300-500 USD
CurrencyAUD
Tipping Customnot expected

How Expensive Is Cocos Islands?

Cocos Islands is a remote territory in the Indian Ocean with a high cost of living, primarily due to its isolation and reliance on imports from Australia. The cost of living in Cocos Islands is comparable to that of other remote islands in the region, such as Christmas Island, but is generally higher than in larger cities in Australia. The limited availability of goods and services, combined with the high cost of transportation, contributes to the expensive nature of living in or visiting Cocos Islands. Overall, Cocos Islands is an expensive destination, but its unique culture and stunning natural beauty make it an attractive option for travelers and expats willing to pay a premium for the experience.

The cost of living in Cocos Islands is also influenced by its small population and limited economic activity, which can drive up prices for essentials like food, housing, and transportation. However, the Australian government provides some subsidies and support to the territory, which helps to mitigate the high cost of living to some extent. Despite the challenges, Cocos Islands offers a unique and rewarding experience for those who are willing to adapt to its remote and expensive environment.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$80-150basic amenities, shared facilities
Mid-Range Hotel$200-350comfortable rooms, some amenities
Luxury/Resort$400-600high-end amenities, stunning views
Apartment Rent (monthly)$1,200-2,500city center vs outside, limited availability

Food & Dining Prices

Meal TypePrice Range (USD)
Street Food / Local Eatery$10-20
Casual Restaurant$20-40
Mid-Range Restaurant (2 people)$50-100
Fine Dining$100-200
Beer (local)$8-12
Coffee$5-10
Water (1.5L bottle)$3-5

Transport Costs

TransportCost (USD)
Local bus/metro ride$2-5
Taxi (per km)$5-10
Domestic flight$200-500
Fuel (per liter)$1.50-2.50

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent1,2002,0003,500
Food5008001,200
Transport100200500
Utilities150250400
Entertainment200400800
Total2,1503,6506,400

Money-Saving Tips

  • Consider staying in budget accommodations or sharing an apartment with others to reduce housing costs.
  • Buy food and other essentials in bulk to take advantage of economies of scale.
  • Use public transportation or walk/bike whenever possible to reduce fuel costs.
  • Take advantage of free or low-cost activities like swimming, snorkeling, or exploring the island's natural beauty.
  • Cook your own meals instead of eating out to save on food costs.
  • Plan your trip during the off-season to take advantage of lower prices for accommodations and flights.