cost of living in australia

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.

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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.

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