Is Australia expensive to live in?

Yes, Australia is generally expensive to live in, comparable to or slightly higher than the US. Our Net Life Value index shows Australia at 102 (US = 100), meaning everyday goods and services are a bit pricier. Housing is a major factor. Rent for a one-bedroom apartment in a city center can easily hit AUD $2,000-$2,500 per month in Sydney or Melbourne, while a similar place might be $1,800-$2,200 in a major US city. Groceries are also higher; expect to pay 10-20% more for staples than in the US. Income tax rates in Australia are progressive, starting at 0% for income up to AUD $18,200, then 19% up to $45,000, and climbing to 45% for income over $180,000. For someone earning AUD $90,000, your effective tax rate would be around 23-25%. This is similar to a middle-income earner in the US, but with higher costs, your net disposable income can feel tighter. If you're considering Australia, factor in higher housing and grocery costs. Your salary will need to reflect this to maintain your desired lifestyle, especially in major cities.