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 OptionsAverage PricePrice Range
Apartment (1 bedroom) in the city center1,649.55 AUD 1,200.00 – 2,647.23 AUD 
Apartment (1 bedroom) outside of the center1,271.62 AUD 875.00 – 2,000.00 AUD 
Apartment (3 bedrooms) in city center2,804.64 AUD 1,715.00 – 4,894.31 AUD 
Apartment (3 bedrooms) outside of the center1,928.17 AUD 1,300.00 – 3,000.00 AUD 

Buy Apartment Price

 Average PricePrice Range
Price per Square Meter to Buy Apartment in City Center8,256.65 AUD4,656.00 – 16,000.00 AUD 
Price per Square Meter to Buy Apartment Outside of Centre 5,883.85 AUD2,912.20 – 11,000.00 AUD 

Accommodation for Students

Accommodation OptionsPrice Range 
Hostels and Guesthouses90.00 – 150.00 AUD per week 
Shared Rental95.00 – 215.00 AUD per week
On-campus110.00 – 280.00 AUD per week 
Homestay235.00 – 325.00 AUD per week 
Rental185.00 – 440.00 AUD per week
Boarding schools11,000 – 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.

UtilitiesAverage PricePrice 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 DrinkAverage PricePrice Range
Meal, Inexpensive Restaurant20.00 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 PricePrice Range
Fitness Club, Monthly Fee for 1 Adult 65.24 AUD30.00 -112.00 AUD
Tennis Court Rent (1 Hour on Weekend) 20.53 AUD7.79 – 29.00 AUD
Cinema, International Release, 1 Seat 18.00 AUD15.00 – 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.

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