| Category | Cost |
|---|---|
| Apartment Rentals | The cost of renting an apartment in Newcastle varies depending on the location and size of the property. On average, a one-bedroom apartment in the city centre costs around AUD 1,500 per month, while the same outside the city centre costs around AUD 1,200. A three-bedroom apartment in the city centre costs around AUD 2,500 per month, while the same outside the city centre costs around AUD 2,000. |
| Apartment Purchases | The price of buying an apartment in Newcastle also varies depending on the location and size of the property. On average, the price per square meter in the city centre is around AUD 5,500, while the same outside the city centre is around AUD 4,000. |
| Transportation | Public transportation in Newcastle is relatively affordable. A monthly pass costs around AUD 100. If you prefer to drive, the average price of gasoline is around AUD 1.50 per litre. Taxis start at around AUD 4.00, with an additional AUD 2.20 per kilometre. |
| Groceries | The cost of groceries in Newcastle is moderate. For example, a litre of milk costs around AUD 1.50, a loaf of bread costs around AUD 2.50, a dozen eggs costs around AUD 4.50, and a kilogram of chicken breasts costs around AUD 10.00. Fresh fruits and vegetables are also reasonably priced. |
| Restaurants | The cost of dining out in Newcastle varies depending on the type of restaurant. A meal at an inexpensive restaurant costs around AUD 20.00, while a three-course meal for two at a mid-range restaurant costs around AUD 80.00. A regular cappuccino costs around AUD 4.50. |
| Utilities | Basic utilities for an 85m2 apartment, including electricity, heating, cooling, water, and garbage, cost around AUD 200 per month. Internet costs around AUD 70 per month. |
| Private School Tuition | The cost of private school tuition in Newcastle varies depending on the school and the level of education. On average, annual tuition for preschool costs around AUD 10,000, for elementary school around AUD 15,000, for middle school around AUD 20,000, and for high school around AUD 25,000. |
Monthly Budget for Retirees in Newcastle
“The cost of living in Newcastle, is considered moderate compared to other major cities in Australia. Housing is more affordable than in cities like Sydney or Melbourne, with rental prices for both apartments and houses being quite reasonable. The cost of groceries and dining out is also relatively moderate, with a variety of options available to suit different budgets. Utilities such as electricity, water, and internet are also reasonably priced. Public transportation in Newcastle is efficient and affordable, but owning a car can also be a cost-effective option due to the lower cost of petrol compared to other cities. Health care is generally affordable, especially for those who qualify for the country’s Medicare system. However, private health insurance can be a significant expense. Education costs vary, with public schools being free, while private schools charge tuition. Overall, while the cost of living in Newcastle is not the cheapest in Australia, it is certainly more affordable than in many of the country’s larger cities,” said one expat living in Newcastle.
Can I live in Newcastle on $1,500 a month?
“I’ve been living in Newcastle for a few years now and I can tell you that living on $1,500 a month is possible, but it would require some sacrifices. Rent is the biggest expense you’ll have to consider. The more affordable neighborhoods like Waratah, Mayfield, and Jesmond have rents that range from $250 to $350 per week for a one-bedroom apartment. That’s already half of your budget gone. More upscale neighborhoods like Merewether, Cooks Hill, and The Junction can have rents that go up to $500 per week, so you might want to avoid those. Utilities like electricity, water, and internet can cost around $200 to $300 a month. Groceries would be around $300 to $400 a month if you cook at home most of the time. Public transportation is pretty good here, a monthly pass costs around $100. If you have a car, petrol would cost around $150 a month. So, if you add all these up, you’re already over $1,500. However, there are ways to cut costs. You could consider sharing a flat with someone. That could cut your rent and utilities in half. You could also try to save on groceries by shopping at cheaper supermarkets like ALDI or buying in bulk. Eating out and entertainment would have to be kept to a minimum. Healthcare is another thing to consider. If you’re not eligible for Medicare, you’ll have to get private health insurance which can be quite expensive. In conclusion, while it’s possible to live in Newcastle on $1,500 a month, it would require careful budgeting and some sacrifices. You would have to live in a more affordable neighborhood, possibly share a flat, and keep your spending on groceries, eating out, and entertainment to a minimum,” commented an expat living in Newcastle.
Can I live in Newcastle on $3,500 a month?
“I’ve been living in Newcastle for a few years now and I can tell you that living on $3,000 a month is definitely possible, but it does require some careful budgeting and lifestyle adjustments. The cost of living here is lower than in Sydney or Melbourne, but it’s still not cheap. Rent is probably going to be your biggest expense. If you want to live in a trendy area like Merewether or Cooks Hill, you’re looking at paying around $1,500 a month for a one-bedroom apartment. However, there are more affordable neighborhoods like Wallsend or Waratah where you can find a decent place for around $1,000 a month. Groceries are another significant expense. I spend about $400 a month on groceries, but I cook most of my meals at home. If you eat out a lot, you’ll need to budget more for this. Utilities, including electricity, water, and internet, usually cost me around $200 a month. Public transportation is pretty good here, so you might not need a car, which can save you a lot on insurance, gas, and maintenance. A monthly bus pass costs around $100. As for entertainment, there are plenty of free or low-cost activities in Newcastle. The beaches are free, there are lots of parks and hiking trails, and the city often hosts free events. However, if you like going out to bars or restaurants, or if you want to join a gym, you’ll need to budget for that. In terms of sacrifices, you might have to give up living in a trendy neighborhood, eating out frequently, or having a car. But in my experience, the lower cost of living in Newcastle compared to other Australian cities makes these sacrifices worth it. Plus, the quality of life here is excellent. The city has a relaxed vibe, the people are friendly, and the natural beauty is stunning. So, to sum up, yes, you can live comfortably on $3,000 a month in Newcastle, but you’ll need to budget carefully and be willing to make some lifestyle adjustments,” said one expat living in Newcastle.
Can I live in Newcastle on $5,000 a month?
“I’ve been living in Newcastle for a few years now and I can tell you that living on $5,000 a month is definitely doable, but it does require some planning and budgeting. The cost of living here is lower than in Sydney or Melbourne, but it’s still not cheap. Rent is probably going to be your biggest expense. If you want to live in a trendy area like Merewether or Cooks Hill, you’re looking at paying around $2,000 a month for a two-bedroom apartment. But if you’re willing to live a bit further out, in suburbs like Wallsend or Waratah, you can find places for around $1,500 a month. Groceries are another big expense. I spend about $100 a week on groceries, but I cook most of my meals at home. If you eat out a lot, you’ll spend more. Utilities like electricity, water, and internet add up to about $300 a month. Then there’s transportation. If you have a car, you’ll need to budget for petrol, insurance, and maintenance. If you use public transport, a monthly pass is about $100. So, if you add all that up, you’re looking at around $3,000 a month for basic living expenses. That leaves you with $2,000 for discretionary spending. You can use that for eating out, entertainment, travel, shopping, or whatever else you want. But remember, Australia is a beautiful country with a lot to see and do, so you might want to save some of that money for trips and experiences. In terms of sacrifices, you might have to give up living in the trendiest neighborhoods or eating out every night. But in return, you get to live in a beautiful city with a great quality of life. And if you’re smart about budgeting, you can definitely live comfortably on $5,000 a month,” commented an expat living in Newcastle.
