The Cost of Living Index in New Caledonia is 119, making it very expensive. Groceries are notably high (index: 121.07), while restaurant prices are moderate (index: 85.52).

The property price to income ratio is 7.99 years, indicating an affordable housing market. The rent index is 20.65, suggesting relatively lower rental costs compared to New York City.

Exact purchasing power index data is unavailable. However, with an average monthly disposable salary of $2830 after tax, residents demonstrate good buying power, comfortably covering average monthly living costs of approximately $1904.

New Caledonia operates an autonomous tax system with progressive personal income tax rates up to 40%. The General Consumption Tax (TGC) has a standard rate of 11%, with other rates ranging from 3% to 22%. Property owners are subject to property tax and a 24% tax on private real estate capital gains (PVI).

While specific 'Ease of Doing Business' rankings are no longer published, New Caledonia's business environment is influenced by French law and is currently in recovery following civil unrest in 2024 and a nickel sector crisis. Government initiatives are in place to boost economic attractiveness and support businesses, with business confidence showing signs of improvement.

New Caledonia has a comprehensive social security system, CAFAT, which provides mandatory health insurance, family benefits, work accident coverage, and retirement pensions. This system ensures access to healthcare services, medical expense reimbursement, and daily allowances for illness or injury.

Deposits in New Caledonia are protected up to €100,000 (approximately USD 117,000) per depositor under the EU Deposit Guarantee Scheme, as New Caledonia is a special collectivity of France. The banking sector has received support to ensure stability, and France is compliant with FATF recommendations.