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What is the cost of living in Australia?
Australia is a desirable place to live for many of us. With its beautiful weather, stunning natural landscape, and up-and-coming cities, Australia is a top pick for ex-pats around the world.
The most important thing to evaluate when moving across the ocean is the cost of living in Australia, so you know what to expect, and you can have the easiest time adjusting to your new home country.
Currently, Australia has the 16th highest cost of living in the world. Unsurprisingly, the allure of Sydney life places the city at 42 on the Mercer’s cost of living index. The cost of living in Melbourne brings the city to 99th place, with Perth at 104th, Canberra on 118th, and Brisbane at 126th.
Sydney is the most expensive city, with the cost of living in Melbourne coming in second. Following closely in order of price is Canberra, Hobart, Brisbane, Adelaide, Perth, and then Darwin.
Monthly cost of living in Australia:
Cost of Living
The cost of living in Australia is higher than many countries, but living there comes with its own benefits, both in the stunning environment and its quality of living.
On average, the cost of living for a family of four is AU$6773, or for a single person, it is AU$3796. This includes rent, groceries, entertainment, use of public transport and healthcare.
Food and Eating out
Food and alcohol prices vary across Australia, but are generally higher in big cities than in rural living areas. Beach towns that are popular among tourists will also see a higher price in groceries.
On average, a single person will spend around AUD 250-350 on groceries per month. Although, those looking for the Sydney life may experience a higher price.
Australia is known for its multiculturalism and so it has a vast variety of eating out options. Of course, your choice of cuisine and type of restaurant will dictate the price you pay, but, on average, people in Australia spend approximately AU$90 per week on takeaway food.
In Australia, utilities are high in comparison to other countries. The basic utilities include electricity, gas, water, and internet. The electric bills during the warmer months are generally higher due to the need for air conditioning.
Utility bills vary depending on your situation, with the average price for a single person living in a studio apartment being around AU$220 a month and a couple living in a two-bedroom house being around AU$360 a month.
For permanent residents and citizens, public schooling in Australia is free. However, schooling costs are low if you fall outside those categories. For a public school, ex-pat parents can expect to pay around AU$200 a year, depending on the school. Private schooling can cost around AU$10,000 a year.
Australia has an excellent healthcare system that taxpayers fund. Citizens and permanent residents have access to free or heavily subsidised healthcare. In terms of private insurance, the cost will depend on your provider, coverage, and needs.,
In comparison to other countries, Australia’s public transport system is relatively cheap. The average cost of a fare for the bus, train, or tram is low, with it ranging from AU$2-$8 depending on the choice of single fare or day passes. Additionally, taxi fares start around AU$3 and AU$1 is added for each kilometre travelled.
Make the Change
Living in Australia can be easily achieved with the costs in mind, and while pursuing a career with Healthcare Australia you will feel supported every step of the way