Comoros offers a very affordable cost of living. While a comprehensive Cost of Living Index is unavailable, the Rent Index (18.5) and Restaurant Price Index (25.4) are significantly lower than the NYC baseline, indicating low expenses for housing and dining.

The housing market is moderate, with a Property Price to Income Ratio of 11.1 years. Rental costs are notably low, as indicated by a Rent Index of 18.5.

Average income and purchasing power are low. With a low GDP and HDI, the minimum wage is approximately $120-131 USD per month, and the average gross monthly salary is around $649 USD, indicating limited buying power for residents.

The tax system features a progressive personal income tax ranging from 0% to 30%. Corporate tax rates are high at 35% for resident companies and up to 50% for state-involved enterprises, though International Business Companies (IBCs) can benefit from zero tax on foreign income. A standard VAT of 20% applies to goods and services.

Comoros offers a moderately favorable business environment with government support for foreign investment and underexplored market opportunities. While regulatory oversight can be weak and infrastructure poses challenges, the process for establishing entities like International Business Companies (IBCs) is relatively straightforward.

The social security system faces significant challenges. Healthcare is severely under-resourced, with limited access to basic services and common out-of-pocket payments. The pension system is financially strained and covers only a small portion of the population, requiring urgent reforms.

Comoros lacks a formal national deposit insurance scheme. While the Comorian Franc is pegged to the Euro, providing monetary stability, the banking sector faces challenges including weak anti-money laundering enforcement and high non-performing loans. The Central Bank of Comoros (BCC) supervises the system, aiming for Basel principles.