The Cocos (Keeling) Islands, an external territory of Australia in Oceania, have a relatively high cost of living driven by its remote location and reliance on imports. Average monthly expenses for a single person are around $3,023 including rent or $1,423 excluding rent, positioning it as more expensive than many Oceania destinations due to limited local production. Expats and digital nomads should expect prices comparable to or higher than mainland Australia for housing and groceries.

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