What-is-the-Cost-of-Living-in-Australia

Cost of Living in Australia- Updated 2020

SOURCE: Overseas Students Australia

Australia is one of the most developed nations of the world, enriched with both natural and cultural beauty. With a plethora of big corporates providing a large amount of employment opportunities, Australia becomes an attractive place for immigrants from all over the world, mainly Asia.

Australia has become a huge immigrant magnet because of its relatively smoother immigration policy. Every year, thousands of people migrate here for studies or work.

The cost of living in Australia is moderate, neither too cheap not too high. The cost of living in Australia is 9% higher than that of the USA, but 10% cheaper than in London.

Cost of living in Australia for Students

As far as education is concerned, Australia is one of the best places for higher education for both the native and international students. On average, the cost of living in Australia for a student is A$18,610 a year.

Cost of living in Australia in Rupees

Since one Australian dollar amounts to 48.85 Indian rupees, the average cost of living of an Indian student in Australia is 9,09,694.52 rupees per year. It is evident that this cost is relatively lesser than many other countries such as the UK.

Cost of living in Australia vs India

A huge chunk of Indian students moves to Australia for higher studies every year, majorly because of the exposure and a higher amount of opportunities. Hence it becomes necessary to compare the cost of living in both countries.

According to statistics of the overall cost of living in both the countries, living in Australia is 58% more expensive than India. But this difference is made up for by the increased jobs, the better quality of life and a higher growth rate present in Australia. Also, the GDP of Australia is quite higher than that of India, hence people earn 7% more money than India.

Cost of living in Australia compared to India

The cost of living in India and Australia varies largely due to many different aspects like rent, food, and transportation. Following is a basic outline of some of the major points of comparison between Australia and India, in terms of cost :

  • Rent: rent in India is 83.49% lower than in Australia.
  • Food: food in India is on average 50% lower than Australia.
  • Transportation: although the overall transportation cost(including public transportation) in Australia is more than India, the fuel(i.e gas and petrol) is cheaper. Also buying a new vehicle costs less in Australia.
  • Utilities: basic monthly utilities such as clothes, internet, and telephone tariff cost 80% more in Australia.
  • Income: the average income rate in Australia is 14.4% more than in India.

Cost of living in Australia for Indian family

Indians are now looking for better living alternatives other than India to increase their income, excel in their careers and to provide a stable and healthy environment for their children to live in.

Apart from many aspiring Indian students who want to study abroad, there are many Indian people aiming to settle abroad along with their families.

As a result of the same, the trend of immigrating to other countries for a better life has become more prevalent in recent years. Many Indian families choose Australia for the same. While the students Australia because of top educational institutes, the working class is attracted by the job options present here.

Before immigrating to any country, considering its cost of living becomes a must. This becomes even more essential if an entire family is immigrating because then the expenditure increases manifolds.

Cost of living in Australia with family

The cost of living in any country solely depends upon the size of the family, personal preferences, choice of accommodation and selection of the city in the chosen country.

According to the data collected after the study of various expenses in Australia, Living cost for one person is $2,835 per month. Average living expenses for a couple: $4,118 per month and for a family of 4 members is $5,378.

Average cost of living in Australia

In the past few years, Australian cities have ranked to be one of the most expensive cities to live in, due to the high accommodation, rent, and food prices. Naturally, the cost of living has also increased.

The monthly estimated cost of living in Australia is  $2,835 per month. Since Australia is a large country, the living expenses vary from state to state, Gold Coast is the cheapest of all states.

There is a huge variation in the cost of living of immigrant families and international students due to different requirements, a cheaper and stable region for families, and a place with good colleges and universities for students.

Average cost of living in Australia per month

According to the Australian government, the average per year cost to live in Australia is AU$ 20,290 which amounts to AU$ 1690.83 per month.

This includes various areas of expenditure such as rent, fuel, food, internet, local transportation and so on.

Cost of living in Australia for International Students

Australia is one of the top destinations for higher studies among Indian students planning to study abroad. A substantial amount of top-ranking universities providing a plethora of courses are present in Australia, attracting students from all parts of the world.

While planning to study in some foreign country a lot of steps are to be followed and a lot of factors are to be taken into consideration, and the cost of living is one of those major factors.

The average international student in Australia spends about AUD$ 1,753 per month on accommodation, food, utilities(clothing, entertainment, transport) and other incidental costs.

Cost of living in Australia Melbourne

Melbourne is the capital of the state of Victoria, Australia and is located in a coastal region. Also, it is the most populated state of victoria. Famous for federation square and Yarra river, it is also known as the coffee capital of the world.

For educational aspects, Melbourne is home to the well renowned University of Melbourne and Monash University offering special degree courses for international students.  

The cost of living for an international student in Melbourne as advised by the Department of Home Affairs (DHA) is approximately AU$20,290 per year. This amount is only for living and does not include college fees.

Cost of living in Perth Australia 

Perth is the capital of Western Australia and is enriched with both natural and cultural beauty. It is one of the most isolated cities in the world as it is surrounded by the Australian mainland and the Indian ocean only.

Peth also has a lot of different universities such as the University of Notre Dame and the University of Western Australia.

For the cost of living, Four-person family monthly costs: 4,496.00A$ without rent (using our estimator). A single person monthly costs: 1,257.05A$ without rent.

Cost of living in Australia vs Canada

CostAustralia(AU$)Canada(C$)
Rent$2,835$1,327.
Food$600$283.60
Transportation$250100.5
Clothes and other utilities$200146.64 C$
Overall8.9% costliercheaper

Cost of living in Sydney Australia

Sydney, capital of New South Wales, Australia. It is one of Australia’s largest cities. Famous for Sydney Opera House and Sydney Harbour Bridge, Sydney’s economy supported majorly by tourism.

Sydney is home to many top-notch universities and this fuels the number of international students immigrating here each year. Some of the major universities in Sydney are The University of Sydney and Macquarie university

The cost of living in Sydney for Four-person family monthly costs:5,006.73A$ and for a single person monthly costs: 1,381.41A$ without rent.

Cost of living in Australia vs USA

CostAustraliaUSA(USD)
RentAU$2,835$3,003
FoodAU$600$75.00-$250.00 
TransportationAU$250$500
Clothes and other utilitiesAU$200$110-150
Overall9% costliercheaper

Cost of living in Tasmania Australia

Tasmania is an isolated state below Australia south coast. This region is mostly occupied by parks and reserves and is rich in flora. The land in Tasmania is very fertile, and as a result, the area is famous for its cuisine.

Even after being away from the Australian mainland, Tasmania has full-fledged educational facilities. It has many universities like the University of Tasmania and Tasmanian school of business.

The average monthly expenditure in Tasmania is approximately equal to AU$4,521, including rent, food, transportation, and other miscellaneous utilities.

Lowest cost of living in Australia

Australia has such a huge landmass and such a wide range of diversity that different parameters affecting the cost of living show variation from region to region.

The cheapest city to live in Australia is Hobart, followed by Wollongong and Adelaide. Here the rent is much lesser than that in Sydney and Melbourne, and this alone brings about a huge difference in the total living expenses for an individual. The average cost of living is approx $450-600 per week

Cost of living in Hobart Australia

Hobart is the capital of the state of Tasmania, Australia. It is the most populous Tasmanian city with a population count of 2.06 lakhs.

Some of the most famous places of Hobart are Mount Wellington, Salamanca Place, and Battery Point. Along with that, it is one of the safest places to live in the southern hemisphere.

The cost of living in Hobart for a single person monthly costs: 1,176.68A$ (excluding rent). It is visible that it is way more affordable to live in Hobart than any of the other cities in Australia.

Cost of living in Newcastle Australia

Newcastle is a harbor city, south wales, Australia. It has a substantial amount of beaches along its coast, adding on to its natural beauty.

Famous for the massive amounts of coal found here, Newcastle is the world’s biggest coal exporting harbor. It has a strong economy and plays a pivotal role in Australia’s international business.

Newcastle is a pretty nice place to live. The cost of living in Newcastle is $AU 4,335.46 for a family of 4 members and $AU 1,221.87 for a single person (rent exclusive).

Cost of living in Australia Brisbane

Situated at the Brisbane River, Brisbane is the capital of Queensland, Australia. It is the 3rd largest city in Australia with a population of 20,54,614 people.

Although it is not as glamorous as Melbourne or Sydney Brisbane is preferred for living because of its relatively lower cost of living as compared to other big cities in Australia.

The average cost of living in Brisbane for a family(of 4 members) monthly costs: 4,413.90A$ and for a single person monthly costs:1,228.00A$(rent exclusive).

Cost of living in Australia vs the UK

costAustraliaUK
Rent$2,835£650
Food$600£80 – £100
Transportation$250£32.10
Clothes and other utilities$200£150
Overall10% costliercheaper

Cost of living in Australia vs California

CostAustraliaCalifornia
RentAU$2,835$1,400
FoodAU$600$300
TransportationAU$250$100-$150
Clothes and other utilitiesAU$200 $150 – $200 
OverallSlightly cheapercostlier

Cost of living in Regional Australia

Regional Australia refers to the area apart from the Australian Capital Territory, Sydney, Newcastle, the Central Coast, Wollongong, Brisbane, the Gold Coast, Melbourne, and Perth.

The regional areas of Australia are relatively less populated and less vibrant, making the cost of living drop significantly.

But this does not mean that the quality of life in regional parts is any less than the other states, it is at par with them. The average cost of living in regional Australia is approximately $400-600 per week for a single person, including rent food and other utilities.

Cost of living in Armidale Australia

Armidale is a city in the Northern Tablelands, New South Wales, Australia. It lies between Brisbane and Sydney and has a population of 24,504. It is the administrative center for the northern tablelands.

Armidale is best known for its natural diversity, including forests, waterfalls, and mountains along with four national parks. Living in Armidale is significantly cheaper when compared with other leading cities such as Sydney.

The average monthly cost of living in Armidale is almost 50% less than that of Sydney, making it a really affordable place for families and students.

cost of living increases by year Australia

Australia is a big nation, and just like any other country, its economy is not completely constant. It has its own rise and fall resulting due to constant development, international relations, and other factors.

As a result, the yearly cost of living is bound to vary. This difference in living costs is determined by the annual inflation rate, which rose to 1.6 percent in June 2019 from a low of 1.3 percent in the previous period.

The latest CPI (consumer price index) reading was above the market rate of 1.5 percent. Food inflation hit its highest in nearly five years while transport prices also shot up greatly.

Is Cost of living in Australia High?

When it comes to the cost of living in Australia is not so cheap. In fact, is Australia globally stands 12th in the list of countries with the highest cost of living. It even beats America and London in terms of living costs.

But to balance out these huge costs, the wages in Australia are also high, providing the citizens with enough resources to live a comfortable life. Henceforth, it is not expensive, the income and expenditure are independently huge, but are similar enough to maintain a balance.

Even after not so affordable prices, thousand of immigrants settle in Australia because of the employment opportunities with high wages, a better quality of living and a healthy environment.

Cost of Living in Australia New South Wales

New south wales is a north Australian state, with Sydney as its capital. It is the most populous state in Australia with a population of over 8 million people.

It is world-renowned for its natural beauty, including a huge range of wilderness, along with a plethora of beaches. It is also home to many of the top universities in Australia, making it a preferred place by students.

Living in new south wales is not as cheap as some other Australian states.

The cost of living in NSW for Four-person family monthly costs:5,006.73A$ and for a single person monthly costs: 1,381.41A$ without rent. The rent is an additional amount of approximately AU$2200.

Cost of living in Australia Queensland

Queensland is a northeastern Australian state with Brisbane as it capital. It is the second- and third-most-populous state in Australia, with a population of 50.7 lakhs.

It is globally known for its marvelous great barrier reef, serving as the habitat of a vast marine life. Its natural beauty is so drawing that i is often called the ultimate tourist or holiday destination of Australia.

The average cost of living in Queensland for a family(of 4 members) monthly costs: 4,413.90A$ and for a single person monthly costs:1,228.00A$(rent exclusive)

Cost of Living in Australia State Comparison

With such a huge landmass, the uniformity of various trends becomes difficult in Australia. That is why a huge variation is seen in the economical layout of various states and the city of Australia.

As a result, there are three major types of cities to live in australia, the costly ones like Sydney and Perth, the average ones like Newcastle and Brisbane and then the cheaper ones like Adelaide and Hobart.

Sydney is more expensive due to its more vibrant aura, bigger corporates, and a relatively larger population. The same goes for Perth. Brisbane is not as glamorous and the cost of living is relatively low. Similar is with Hobart, as it lies in the regional area of Australia.

When it comes to state-wise comparison, Queensland and Victoria are the most expensive states in Australia.

Cost of living in Australia compared to Germany

CostAustraliaGermany
Rent$2,835 290-850 euros
Food$60060-100 euros
Transportation$25070-80 euros
Clothes and other utilities$200450-600 euros
Overall15.2% cheapercostlier

FAQs

Q. What is the cost of living in Australia Melbourne for international students?

The cost of living for an international student in Melbourne as advised by the Department of Home Affairs (DHA) is approximately AU$20,290 per year. This amount is only for living and does not include the college fees

Q. What is the cost of living in Australia for Indian family?

It is entirely state and city dependent. Although it is quite affordable in cities like Hobart, cities like Sydney and Perth are expensive for an entire family to live in. since the value of the Australian dollar is higher than the Indian rupee, the selection for the most affordable Australian state should be done. Hence the cost of living in Hobart for a single person monthly costs: 1,176.68A$ (excluding rent).

Q. How many Indians are present in Australia?

Approximately 2.8% of the population spread across Australia is of Indian descent. This amounts to 6,19,164 Indian people in Australia.

Q. What are some of the best colleges in Australia?

The University of Sydney, University of Melbourne and universities of Queensland are the major universities in Australia. Some other top colleges are the University of Adelaide and Monash University.

Q. What are the visa requirements for Australia?

There are three major requirements for a work visa in Australia. First is the age limit. The candidate should not be older than 45 years of age. Second, the candidate must be efficient in the English language to work in Australia. Third, the candidate must apply for a job, and the nominated job should be present in the medium and long term strategic skill list. Apart from that certain health, skill and character assessments are also to be done.

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About the Author

Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. He has worked as Software Developer with Microsoft and Adobe. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe.

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