Many immigrants have a preconceived notion before going to Australia, thinking that the prices abroad will be much higher than in their home country. As a result, they prepare a high expenditure budget in advance, fearing that they will not have enough money in an unfamiliar foreign land and will have to scrape by at the end of the month. However, the reality may be quite the opposite. After all, in places with higher incomes, the cost of living is also higher, which is logical. So what are the specific prices in Australia?
1. Food expenses
Compared to other countries, food prices in Australia are slightly higher than those in European countries. This is because Australia is vast, which undoubtedly increases transportation costs, and wages in Australia are also much higher than in other countries, with stricter food regulations.
1. Prices of fruits and vegetables in supermarkets
Milk (regular), (1 L) 1.44 A$
Loaf of Fresh White Bread (500g) 2.51 A$
Rice (white), (1kg) 2.57 A$
Eggs (regular) (12) 4.27 A$
Local Cheese (1kg) 8.77 A$
Chicken Breasts (Boneless, Skinless), (1kg) 10.24 A$
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 15.13 A$
Apples (1kg) 4.05 A$
Banana (1kg) 3.22 A$
Oranges (1kg) 3.68 A$
Tomato (1kg) 4.84 A$
Potato (1kg) 3.10 A$
Onion (1kg) 2.50 A$
Lettuce (1 head) 2.52 A$
Water (1.5 liter bottle) 1.81 A$
Bottle of Wine (Mid-Range) 15.00 A$
Domestic Beer (0.5 liter bottle) 4.42 A$
Imported Beer (0.33 liter bottle) 5.51 A$
Cigarettes 20 Pack (Marlboro) 28.55 A$
2. Prices of various restaurants and beverages
Meal, Inexpensive Restaurant 18.00 A$
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 A$
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 A$
Domestic Beer (0.5 liter draught) 8.00 A$
Imported Beer (0.33 liter bottle) 8.00 A$
Cappuccino (regular) 4.31 A$
Coke/Pepsi (0.33 liter bottle) 3.22 A$
Water (0.33 liter bottle) 2.70 A$
2. Transportation expenses
One-way Ticket (Local Transport) 4.00 A$
Monthly Pass (Regular Price) 145.04 A$
Taxi Start (Normal Tariff) 4.20 A$
Taxi 1km (Normal Tariff) 2.00 A$
Taxi 1hour Waiting (Normal Tariff) 49.20 A$
Gasoline (1 liter) 1.47 A$
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 A$
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 23,640.10 A$
3. Housing expenses
Data shows that Australians generally save 4-6 years of income to buy a house. Compared to cities like Beijing, Shanghai, and Guangzhou, housing prices are significantly lower. In Australia, not only is the price-to-income ratio low, but the pressure to buy a house is also less. They do not have to use their salary to pay off a mortgage; they can "rent to own" because Australia has a high rental yield! Therefore, the pressure regarding housing in Australia is not as great.
1. Monthly rent prices
Apartment (1 bedroom) in City Centre 1,685.62 A$
Apartment (1 bedroom) Outside of Centre 1,287.80 A$
Apartment (3 bedrooms) in City Centre 2,724.38 A$
Apartment (3 bedrooms) Outside of Centre 1,869.47 A$
2. House purchase prices
Price per Square Meter to Buy Apartment in City Centre 7,625.62 A$
Price per Square Meter to Buy Apartment Outside of Centre 5,382.06 A$
3. Monthly utility costs
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.91 A$
4. Education expenses
Although tuition fees for public and private schools in Australia are not low, the ones paying are not the parents, but the government. Every year, the Australian government allocates a large sum of money for educational development. Australian citizens and those with PR status can receive open subsidies, which can alleviate the burden of raising children while receiving the most advanced education.
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,648.24$
International Primary School, Yearly for 1 Child 19,626.15 A$
5. Leisure and entertainment expenses
1. Clothing prices
1 Pair of Jeans (Levis 501 Or Similar) 97.82 A$
1 Summer Dress in a Chain Store (Zara, H&M, ...) 61.70 A$
1 Pair of Nike Running Shoes (Mid-Range) 133.61 A$
1 Pair of Men Leather Business Shoes 139.78 A$
2. Sports and leisure expenses
Fitness Club, Monthly Fee for 1 Adult 62.44 A$
Tennis Court Rent (1 Hour on Weekend) 19.46 A$
Cinema, International Release, 1 Seat 18.00 A$