The economy of the Cook Islands is based mainly on tourism, with minor exports made up of tropical and citrus fruit. Manufacturing activities are limited to fruit-processing, clothing and handicrafts.
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Agriculture provides a base for food security. Manufacturing activities are largely limited to fruit processing, clothing and handicrafts. Marine products generate most export revenues. Tourism generates the largest share of the GDP.
Considering the Cook Islands uses the same currency, the New Zealand Dollar, and the country imports a lot of goods from New Zealand, we find that the prices for food, accommodation and getting around are on par or just marginally more expensive than in New Zealand.
Families relying on the tourist industry now are without a way to make a living during the pandemic. This makes the Cook Islands a superb place to visit, but an expensive place to live. The cost of importing goods is much greater than the trade income from making and selling goods to other countries.
You can enjoy the vast wilderness, amazing beaches, and city lifestyle you won't find in the Cook Islands. But, if you aim for a less-touristy relaxing beach vacation without heaps to do, the Cook Islands are the first choice. It is simply more laid-back.