What is the Cost of Living in Australia?

Australia is an incredible place to live and raise a family. However, if you are moving to a new country, your first and foremost concern remains the cost of living in a new place. Well, if you are not a big billionaire or one among the wealthiest people, you would obviously be concerned about the fact that your expense doesn't exceed your earnings. The expats coming to Australia often seem concerned about the living cost factor given the general opinion regarding the high cost of living in this part of the world. So, let's find out in detail the living cost in Australia from an immigrant's perspective.

What are the Living expenses in Australia?

The living cost or expenses for the immigrants in Australia depend on various factors, i.e., the size of the family, city, place of relocation, individual lifestyle, accommodation plans or location, food and commuting habits, etc. In short, it will largely depend on the fact as to what are your choices and preference or what kind of a life you prefer to live, especially when you are immigrating to a new country like Australia. Let's see how the expenses vary based on different factors:

• Size of the family: I guess it is the simplest of mathematics to understand, 1 person will incur less expense in terms of consumption factors, etc., on the other end, and 4 people will certainly increase the expense.
• City of living: The top urban areas or cities are much more expensive than rural Australia or countryside parts of Australia. The cities, i.e., Sydney, Melbourne, and Brisbane, rank among the most liveable cities and obviously are expensive.
• Individual Preferences: To understand this, one person prefers to wear expensive branded clothes, the other chooses to wear simple formals. One person has a liking for restaurant food, which is expensive, the other chooses to have dinner or lunch at home. So, the preferences or lifestyle can really make a difference in your cost of living.
• Choice of Accommodation: The shared accommodations, or small flats or single rooms, are much more affordable and less expensive compared to 2-bedroom flats or apartments for that matter.

What is the monthly cost of living in Australia?

The cost of living in Australia is considered a little too high compared to other countries. However, in the recent past, many Australian cities have come down in ranking the most expensive cities for immigrants. A slight decrease in the Australian dollar price compared to the US dollar has got more to do with the same.

The monthly cost of living although will depend on various factors as mentioned above. Here is the list of key monthly expenses in Australia:

• House rent
• Groceries
• Transportation
• Health Insurance
• Utilities (Mobile, Electricity, gas internet, etc.)

However, if you consider the general expenses regarding house rent, utilities, food, mobile bill, transportation, etc., in affordable terms, it will come to somewhere around AUD 2500-3000 per month. However, as already mentioned, it's not the standard monthly cost of living and may vary depending on the individuals, place of residence and various other factors.

What is the average cost of living in Australia per year?

As discussed already, the average cost of living in Australia had usually been high; however, it has registered a downfall to some extent in the recent past. Moreover, the factors, i.e., your place or city of residence and the living preferences, largely impact the same. For instance, cities such as Melbourne, Sydney, Brisbane, etc., are more costly for immigrants than in the countryside areas. Considering all the factors affordable, it should be around AUD 35000-40000 a year. However, it is subject to change given individual preferences, salary, settlement location, and various other factors.

What is the Living cost in Australia for one person?

Given the housing shortage over the years, the expense of housing or renting has increased. At present, you might end up spending 30% of your salary on the housing rent while living in Australia. However, once you have spent 2 years in Australia, the expenses gradually come down, as you become entitled to various social benefits as a permanent resident. Talking about a single person's expenses in Australia, it would be around AUD 400-600 per week considering all the expenses, including groceries, clothes, rent, bill, etc., as affordable. A single person, in fact, can save money on various routine things.

What is the Cost of living in Australia for Indians?

Well, the cost of living in Australia is obviously much higher for an Indian, especially if you come from a middle or even upper-middle-class background back home. The cost of groceries, house rent, restaurants, etc. everything is way too high compared to India, in fact, 3 to 5 times higher than what it is in India. The only respite you have as an Indian immigrant is the salary part. Your salary in Australia will also be much higher as compared to India. So, if you are smart enough to plan your budget and expenses, you can manage your living in Australia.

What is the Cost of living in Australia for Indian students?

As just discussed, the living cost is considerably high in Australia compared to India. So, if you are an Indian student in Australia, the advantages you will have are no family burden and work with your studies and controlling your expenses being a single person. If you can avoid frequent restaurant meals, use affordable commuting means or transportation, look out for work with study options, etc. You can survive as an international student in Australia and save a considerable amount of money.

If you choose to live on campus, you can save a significant amount of money compared to off-campus living. You can save substantial money on an advance rental, utilities and telephone, crockery/furnishing, etc., if you choose to live on-campus as an overseas student in Australia. The Cost of living also depends on the individual style of living. However, the average living cost for a student in Australia is around AUD 400-600 per week.

What is the Cost of living in Australia for an Indian family?

The initial days can be tough on you if you are a family that just migrated to Australia from India. However, if you control your expenses and enhance, you're regularly earning through various means, you can not only survive but can become a well-settled and successful family in Australia as well. If your salary is good, you can manage all your expenses comfortably here; however, in case their other ways round, it’s a struggle, especially in the initial phase. For a small Indian family (4 members ideally), the living cost with no luxury involved should be around AUD$ 2800-3200 per month.

However, as we have been saying throughout, it may vary depending on your place of relocation, individual preferences of living, and other factors.

What is the cost of living in Australia compared to India?

Australia is one of the most advanced nations, while India is fast-growing but still a developing country. Hence, there is a huge difference in terms of the cost of living in both countries. Australia is much costlier for living compared to India.

• House Rent: The house rents in Australia are more than 500% higher compared to what it is in India
• Groceries: The Groceries in Australia are more than 200% higher compared to India
• Consumer Prices: Consumer Prices in Australia are about 220% higher compared to India
• Local Purchasing Power: The local purchasing power in Australia is about 60% higher compared to India
• Restaurant Expenses: The meals in Australian Restaurants are more than 350% higher compared to what it is in

So, if you migrate to Australia from India, you must get ready for the higher cost of living. However, the growth and increase in your salary in Australia cover up for the same to a large extent. Moreover, there are several social security benefits in Australia, i.e., free or subsidized education, healthcare coverage, etc., that favour the new immigrants.

Where to get vital documentation assistance about Australia Immigration and PR process?

The Visas Avenue Immigration, with its years of experience in Australia Immigration, helps the immigration applicant’s best way for immigration via Australia PR visa.

So, if you are planning for immigration to Australia, fix the free appointment today with the immigration experts to discuss your documentation and PR process in detail. You may talk to Australia's registered migration experts on Toll-Free Number- 78-18-000-777 or can mail your queries to info@visasavenue.com.