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CanIAffordIt
Oceania

Cost of Living in Australia

Everything you need to know about living expenses, salaries, and affordability in Australia.

A$1,800
Avg. Rent
A$400
Food
30%
Tax Rate
$2,480
Total/mo

Monthly Expenses in Australia

Rent (1BR, city center)
73%$1,800
Food & Groceries
16%$400
Transportation
5%$120
Utilities
6%$160
Total Monthly Cost$2,480
Above Averageโ€” Cost Index: 1.10 (US = 1.0)

Recommended monthly salary: $5,900 (before tax)

Cities in Australia

We have detailed cost data for 2 cities in Australia.

Melbourne

Australia

1.42
Rent$2,200
Food$430
Total /month$2,945
Explore

Sydney

Australia

1.50
Rent$2,500
Food$450
Total /month$3,280
Explore

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Cost of Living Calculator

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$500$5,000$30,000
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Frequently Asked Questions

What is the cost of living in Australia?
The average monthly cost of living for a single person in Australia is approximately $2,480, including rent ($1,800), food ($400), transport ($120), and utilities ($160).
Is Australia expensive to live in?
With a cost index of 1.10 (compared to the US at 1.0), Australia is more expensive than average for international standards.
What salary do I need to live in Australia?
To live comfortably in Australia, we recommend a monthly salary of at least $5,900 before tax. This covers all basic expenses with about 20% left for savings.
What is the tax rate in Australia?
The estimated average income tax rate in Australia is approximately 30%. Actual rates vary based on income level and personal circumstances.

Data Disclaimer: Cost of living data for Australia is compiled from Numbeo, OECD, World Bank, and national statistics offices as of 2026. Actual costs vary by lifestyle, neighborhood, and personal circumstances. This tool is for informational purposes only and should not be used as the sole basis for financial decisions. Learn about our methodology โ†’