Living Cost in Australia

There is no standardized plan, however it is estimated that the living cost in Australia for an individual is roughly $20,000 per year and an average family requires more than $50,000 per year to survive.

This estimate does not include the cost of any social, sporting, or other recreation activities that

you may like to participate in, or any health or emergency fees that are not covered by your private health insurance or Overseas Student Health Cover (OSHC).

Alongside mortgages, taxes, utilities, and maintenance, housing expenses top the list. Food is the second greatest expense, followed by automobile expenses such as gas, insurance, registration, parking, and public transportation fees.