Verified Facts

Official NameIndependent and Sovereign Republic of Kiribati
CapitalSouth Tarawa
Population120,740
Area811.0 km²
LanguagesEnglish, Gilbertese
CurrencyAustralian dollar ($), Kiribati dollar ($)
TimezoneUTC+12:00, UTC+13:00, UTC+14:00
RegionOceania / Micronesia
Drives onLeft
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$3,702 (2024)
Inflation Rate2.5% (2024)
Health Spend per Capita$238 (2023)
Out-of-Pocket Health Spend2.9% (2023)
Education Spend (% GDP)16.4% (2023)
Source: World Bank Open Data

Kiribati is generally cheaper than Marshall Islands, with an overall cost of living that is around 15-20% lower.

Quick Facts

Kiribati GDP per Capita (PPP)1,842
Marshall Islands GDP per Capita (PPP)3,943
Kiribati Inflation Rate2.2%
Marshall Islands Inflation Rate2.5%
Overall Winner (Cheaper)Kiribati

Overview: Kiribati vs Marshall Islands

The cost of living in Kiribati and Marshall Islands is influenced by their geographical location, economy, and lifestyle. Kiribati, with a population of around 120,740, has a relatively low cost of living compared to Marshall Islands, which has a population of around 59,000. The economic context of both countries is largely driven by fishing, tourism, and foreign aid, which affects the prices of goods and services. Kiribati's lower cost of living can be attributed to its larger population, more developed infrastructure, and lower prices for basic necessities like food and housing.

The cost difference between Kiribati and Marshall Islands is significant, with Kiribati being around 15-20% cheaper overall. This is largely due to the lower prices of housing, food, and transportation in Kiribati. However, it's essential to note that both countries have unique characteristics, and the cost of living can vary depending on individual lifestyles and preferences. For example, Marshall Islands may offer better amenities and services for expats and tourists, which could justify the higher costs. On the other hand, Kiribati's lower cost of living makes it an attractive option for those looking for an affordable island lifestyle.

Rent & Housing Comparison

ItemKiribati (USD)Marshall Islands (USD)Difference
1BR Apartment (City Center)25035029% cheaper
1BR Apartment (Outside)20028029% cheaper
3BR Apartment (City Center)45060025% cheaper

Food & Dining Comparison

ItemKiribati (USD)Marshall Islands (USD)Difference
Meal at Restaurant101533% cheaper
Groceries (monthly)30040025% cheaper
Beer (500ml)3540% cheaper
Coffee2333% cheaper

Transport Comparison

ItemKiribati (USD)Marshall Islands (USD)Difference
Monthly Transit Pass203033% cheaper
Taxi (per km)1.52.540% cheaper
Fuel (per liter)1.21.520% cheaper

Utilities & Internet Comparison

ItemKiribati (USD)Marshall Islands (USD)Difference
Utilities (85 sqm apt)10015033% cheaper
Internet (60 Mbps)507029% cheaper
Mobile Plan203033% cheaper

Monthly Budget Comparison

Budget TierKiribati (USD)Marshall Islands (USD)Savings
Budget8001,20033%
Mid-Range1,2001,80033%
Comfortable2,0003,00033%

Where Each Country Wins

  • Kiribati is cheaper for:
  • Housing: Kiribati offers lower prices for apartments and houses, making it an attractive option for those looking for affordable accommodation.
  • Food: Kiribati has lower prices for groceries and dining out, making it a better option for those who cook at home or eat out frequently.
  • Transportation: Kiribati has lower prices for transportation, including taxis, fuel, and monthly transit passes.
  • Utilities: Kiribati has lower prices for utilities, including internet and mobile plans.
  • Marshall Islands is cheaper for:
  • Tourism: Marshall Islands offers better amenities and services for tourists, including resorts, hotels, and tour operators.
  • Education: Marshall Islands has a more developed education system, with better options for expats and international students.
  • Healthcare: Marshall Islands has better healthcare facilities and services, including hospitals and medical clinics.
  • Shopping: Marshall Islands has a more developed shopping scene, with a wider range of products and brands available.

Bottom Line

Kiribati and Marshall Islands offer unique advantages and disadvantages when it comes to cost of living. Kiribati is generally cheaper, with lower prices for housing, food, transportation, and utilities. However, Marshall Islands offers better amenities and services for expats, tourists, and international students. For those looking for an affordable island lifestyle, Kiribati may be the better option. However, for those who prioritize amenities and services, Marshall Islands may be worth the extra cost. Ultimately, the choice between Kiribati and Marshall Islands depends on individual lifestyles and preferences. Expats, students, and retirees may find Kiribati to be a more affordable option, while families and tourists may prefer the better amenities and services offered by Marshall Islands.