Can I live cheaply in Australia?

Updated May 2026· By Net Life Value Editorial

AI Answer
Living cheaply in Australia is challenging but definitely possible with smart choices. Australia consistently ranks high for quality of life, but that comes with a higher cost of living compared to many other countries. For example, a single person needs around AUD $2,800-$3,500 per month to cover basic expenses in a major city, excluding rent. Rent itself can be AUD $1,500-$2,500 for a one-bedroom apartment in Sydney or Melbourne. However, if you choose regional towns like Bendigo (Victoria) or Toowoomba (Queensland), you can find a similar apartment for AUD $1,000-$1,400. Your biggest savings will come from rent and food. Cooking at home is essential; dining out frequently will quickly deplete your budget. Public transport is efficient in cities, costing around AUD $50-$60 per week, making car ownership an unnecessary expense for many. Income tax starts at 19% for earnings over AUD $18,200, but expect to pay 32.5% on income over AUD $45,000. To live cheaply, prioritize smaller cities or regional areas, embrace home cooking, and rely on public transport.