Exact CPI data is unavailable. The cost of living is estimated to be very high, primarily due to geographic isolation and reliance on imports, making it 30-40% more expensive than mainland France. General inflation reached 4% in 2024, with food inflation at 4.6%. The Rent Index is 29.97, suggesting relatively lower rental costs compared to other expenses.

Exact property price to income ratio is unavailable. The real estate market is characterized by limited supply and prices generally lower than in New Caledonia or French Polynesia, though resale can be difficult. The Rent Index is 29.97, indicating relatively low rental costs. Rents for a standard accommodation typically range from XPF 80,000 to 120,000 monthly (approximately USD 800 to 1,200).

Exact purchasing power index is unavailable. In 2019, GDP per capita was estimated at EUR 16,400, which is around 45% of the level in mainland France. The monthly minimum salary (SMIG) is 90,000 XPF (750 euros). The economy is heavily reliant on French government subsidies and public sector employment, and high import costs further impact purchasing power.

Wallis and Futuna operates under a unique tax regime with a complete absence of direct taxes, including no income tax, corporate tax, capital gains tax, wealth tax, or VAT for residents and businesses. Territorial revenue is primarily generated through indirect taxes, such as import duties, which average around 12%.

The economy is essentially administered, with the public sector playing a prominent role and accounting for over half of wealth creation. While the regulatory environment is simplified and business-friendly, the economy is small, traditional (subsistence agriculture, fishing), and heavily dependent on subsidies, limiting diverse business opportunities. A business incubator is planned to support mobile workers.

Healthcare and prescription drugs are completely free for all residents, fully funded by the French government. Wallis and Futuna has its own local pension scheme, managed by the Caisse des Prestations Sociales (CPSWF), and offers family benefits. While there are no general social security benefits for the wider community, the state assists old-aged pensioners.

Deposits are protected up to €100,000 (approximately USD 117,000 based on current exchange rates) per depositor under the EU Deposit Guarantee Scheme, as Wallis and Futuna is a French overseas collectivity. The territory has a single bank, Banque de Wallis et Futuna (BWF), a subsidiary of BNP Paribas, ensuring a stable, albeit limited, banking presence.