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Newcastle Beach Australia

Cost of Living in Australia

By Betsy Burlingame

Last updated on Sep 04, 2023

Summary: The cost of living in Australia is generally quite high. A nice one bedroom apartment in Australia can cost anywhere from $1,500 to $2,500 USD per month, while a nice two bedroom apartment can cost anywhere from $2,000 to $3,500 USD per month. The cost of dinner at a moderately priced restaurant in Australia is usually around $20 to $30 USD per person.

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Is the cost of living in Australia high?

We asked people how much they someone comfortably live on in Australia, they wrote:

"The cost of living in Australia varies depending on the city and the lifestyle of the individual. Generally, living expenses such as accommodation, food, and transport are comparable with those in other major cities in the world. The cost of utilities, such as electricity and water, may be higher than in some other countries. Taxes on purchasing goods and services, including GST and luxury taxes, also contribute to the overall cost of living. Groceries, entertainment, and healthcare costs are relatively moderate compared to other affluent countries," said one expat in Australia.

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Will I save money living in Australia?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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