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.
Australia provides a variety of lodging possibilities. Considering that more than 80 percent of Australia’s population resides near the coast, it is extremely possible that you will simply adore the accommodations you are provided. However, lodging prices are not always constant, as they depend on where you will live, the size of the apartment (if you will be renting), the location (urban areas are typically more expensive), whether you will be sharing an apartment or not, etc.
However, below you will find the average rate of the total living cost in Australia for each type of lodging:
* All the prices are quoted in Australian Dollar
As with many other products, food and beverage prices differ across Australia.
A person should anticipate to spend between $250 and $350 of the total living cost in Australia per month on food and groceries (more in major cities – see table below). This includes bread, rice, meat, fish, cereal, soft beverages, and condiments purchased at supermarkets such as Coles or Woolworths, as well as fresh fruits and vegetables from produce markets. The prices of the latter vary based on the season (lower in summer and higher in winter) and supply. Most supermarkets offer daily and weekly promotions, so it is feasible to save at least 20 to 30 percent on groceries. Vegetarians can save even more.
Monthly food expenses:
*For a person who consumes at least 2,400 calories per day who is not a vegetarian.
The living cost also Depends on the city and restaurant type, eating out might be inexpensive or costly. Sydney and Melbourne, the locations of MasterChef Australia, provide a variety of dining alternatives, from quick food places to upscale establishments. A normal dinner can cost anything between $15 and $20. A excellent lunch at a nice restaurant will cost at least $40, whilst a value meal at McDonald’s will cost between $8 and $11.
When purchased at a supermarket, a half-liter of domestic beer costs somewhat more than $5 . During happy hours and at backpacker bars, prices are reduced (AUD 4-5). A supermarket will charge around $14 for a six-pack of beer. A bottle of premium red table wine will cost at least 20 Australian dollars. A 2-litre bottle of Coca-Cola will cost teetotalers a bit more than $3. Sydney and Melbourne serve the greatest barista-brewed coffee in Australia, which explains why Australians are so fond of coffee. The price of a cup of takeout coffee ranges from $3.80 for a long black to $4.29 for a mocha. The cost of a cappuccino, flat white, and short black will lie between these ranges. A chai latte (tea made in the Indian style with milk and spices) costs roughly $4.40; a hot chocolate costs approximately $4.14; and an iced coffee costs approximately $5.4.
The average cost of the food items in Australia are listed in the table below:
| Food Item(s) | Average Cost |
|---|---|
| Basic Lunch Menu (Drink Included) | $17 |
| Fast Food Combo Meal | $12 |
| 1 Liter of Whole Fat Milk | $1.24 |
| A Dozen Eggs | $5.36 |
| 1 kg / White Rice | $2.64 |
| 500 gr Local Cheese | $9 |
| 1 kg / Tomatoes | $5.08 |
| 1 kg / Apples | $4.32 |
| 1 kg / Potatoes | $3.35 |
| 1.5 Liters of Water | $2.20 |
| 0.5L Domestic Beer | $5.79 |
| 1 Bottle of Red Wine | $19 |
| 2 Liters of Coca Cola | $2.99 |
| Bread (for 2 people) | $2.78 |
* All the prices are quoted in Australian Dollar
In many cities in Australia, public transportation is dependable and efficient. Australia’s population and economy are greatly dependent on its extensive road network. Hobart, Canberra, Sydney, Darwin, Brisbane, Adelaide, Melbourne, and Perth all provide well-connected bus routes with savings for cardholders and other types of travelers (such as students or pensioners).
Detailed information about the bus services and pricing in these cities is provided below.
Canberra – MyWay card discounts offered; some passengers eligible for free travel
Sydney – Sydney offers discounts for Opal card holders. It can be used on Sydney’s ferries, trains, light rail, and buses, as well as in other areas of New South Wales.
Adult Opal card:
Cash price:
Darwin (and other locations of the Northern Territory) – Discounted rates for concession card holders (veterans, seniors, pensioners, students). Flexi There are also trip and weekly tap and ride cards available.
Adelaide – Concessions are given to seniors, students, pensioners and visually impaired travellers. Children under 5 travel free.
Regular MetroCard:
Cash price:
Hobart – Concessions are given to students. Children under 5 travel free.
Adult GreenCard:
Cash price:
Melbourne – Concessions are given to students
Myki pass:
Cash price:
Perth – Travelers using a SmartRider card must inquire with the bus driver if they qualify for a 10% or 20% discount. Seniors, students, pensioners, and the visually handicapped receive discounts. Children under 4 travel free.
SmartRider cards:
SmartRider cards:
Cash price:
Generally speaking, travelers who use concession cards on Australia’s public transit can save a substantial amount on transportation costs.
There are other public transportation options accessible in these large cities. Suburban train lines are available in Sydney, Melbourne, Brisbane, Adelaide, and Perth. Additionally, Sydney operates ferries and a light-rail system. Melbourne and Adelaide have trams within the cities. Brisbane, like Sydney, has a ferry system. In addition, cab services are available in all cities and major towns.
* All the prices are quoted in Australian Dollar
Domestic travel inside Australia is served by Jetstar, Qantas, Virgin Australia, and Tigerair, four major airlines. Prices differ based on distance and season.
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