Want to study or work in Australia? As a student or an expatriate, knowing the cost of living in Australia is important to your application and financial planning.
People from other countries who move to Australia may find that the cost of living in Australia is often higher than in their homeland.
Therefore, special for you, Transfez will give the latest information about the cost of living in Australia. So, you will be more prepared to plan your future life in this land of Kangaroos. Let’s check this out!
Average Cost of Living in Australia
The cost of living in Australia may vary depending on where you live. Living in the center of a big city such as Sydney may cost you more money than living in a city such as Gold Coast or Hobart.
However, in general, for a single person estimated monthly costs are 1,325.52 AUD without rent, and for a family of four estimated monthly costs are 4,729.54 AUD without rent.
Housing Cost of Living in Australia
The cost of housing in Australia varies considerably. Below are the price lists for rent or buy an apartment as well as student accommodations options.
Apartment Rent Per Month
|Apartment Options||Average Price||Price Range|
|Apartment (1 bedroom) in the city center||1,649.55 AUD||1,200.00 – 2,647.23 AUD|
|Apartment (1 bedroom) outside of the center||1,271.62 AUD||875.00 – 2,000.00 AUD|
|Apartment (3 bedrooms) in city center||2,804.64 AUD||1,715.00 – 4,894.31 AUD|
|Apartment (3 bedrooms) outside of the center||1,928.17 AUD||1,300.00 – 3,000.00 AUD|
Buy Apartment Price
|Average Price||Price Range|
|Price per Square Meter to Buy Apartment in City Center||8,256.65 AUD||4,656.00 – 16,000.00 AUD|
|Price per Square Meter to Buy Apartment Outside of Centre||5,883.85 AUD||2,912.20 – 11,000.00 AUD|
Accommodation for Students
|Accommodation Options||Price Range|
|Hostels and Guesthouses||90.00 – 150.00 AUD per week|
|Shared Rental||95.00 – 215.00 AUD per week|
|On-campus||110.00 – 280.00 AUD per week|
|Homestay||235.00 – 325.00 AUD per week|
|Rental||185.00 – 440.00 AUD per week|
|Boarding schools||11,000 – 22,000 AUD a year|
Utility Cost of Living in Australia
In this country, utilities are quite expensive. Electricity, gas, water, and the internet are some of the basic utilities. Especially during the summer months, utility expenses are particularly high due to the need for air conditioning.
|Utilities||Average Price||Price Range|
|Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment||221.31 AUD||122.50 – 400.00 AUD|
|Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)||76.30 AUD||60.00 – 100.00 AUD|
Groceries Cost of Living in Australia
The cost of groceries obviously varies around Australia. Expats or students who live in the country’s major cities may expect to pay more than those who live in rural areas. If you live in a seaside town that gets a lot of tourists, you may expect to spend more money.
A single person’s food costs around 250-350 AUD per month on average. Checking paper ads or asking the staff at your local supermarket can help you save money.
Restaurants Cost of Living in Australia
If you prefer eating out, Australia has a wide number of choices. There is a range of options, including fast food, small restaurants, huge chain restaurants, and fine dining. Australians spend about 90 AUD per week on eating out on average.
Here is the price list of restaurants in Australia
|Meal and Drink||Average Price||Price Range|
|Meal, Inexpensive Restaurant||20.00 AUD||12.00 – 35.00 AUD|
|Meal for 2 People, Mid-range Restaurant, Three-course||90.00 AUD||60.00 – 150.00 AUD|
|McMeal at McDonald’s (or Equivalent Combo Meal)||12.00 AUD||10.00 – 15.00 AUD|
|Cappuccino (regular)||4.50 AUD||3.50 – 6.00 AUD|
|Coke/Pepsi (0.33 liter bottle)||3.33 AUD||2.50 – 4.50 AUD|
|Water (0.33 liter bottle)||2.83 AUD||2.00 – 4.00 AUD|
Transportation Cost of Living in Australia
In Australia, a single-ride city bus ticket costs around 3 AUD. A day pass costs around 8 AUD. A one-way tram or train ticket probably costs 2 AUD. Long-distance bus tickets from companies like Greyhound or Premier usually cost between 35-65 AUD.
Healthcare Cost of Living in Australia
Australia has a public healthcare system that is covered by the salaries of taxpayers. Public healthcare is either free or greatly subsidized for citizens and permanent residents.
The cost of private insurance will be determined by your needs. Below are the prices of three common monthly private healthcare plans:
- Basic : 200 AUD
- Medium : 300 AUD
- Top : 300 AUD
Sport and Leisure Cost of Living in Australia
Take a break from your daily routines by doing some sport or leisure activities. Below are some prices of sport and leisure activities in Australia.
|Average Price||Price Range|
|Fitness Club, Monthly Fee for 1 Adult||65.24 AUD||30.00 -112.00 AUD|
|Tennis Court Rent (1 Hour on Weekend)||20.53 AUD||7.79 – 29.00 AUD|
|Cinema, International Release, 1 Seat||18.00 AUD||15.00 – 24.00 AUD|
Are You Ready to Move to Australia?
It’s possible that the cost of living in Australia will be higher than in your home country.
That is why it is necessary to be well prepared.
Make sure not to get overcharged while moving money to pay for your new life in Australia or for your loved ones who desire to live in Australia.
Use Transfez as your best pal to transfer money abroad! We will help you to send money to Australia safely and easily, ensuring that you get the most of your money without hidden fees.