Cost of Living in Australia
Price Index: 102 (US = 100) — similar to the US
The Cost of Living Score of 56/100, alongside a price level 10% higher than the US, positions Australia as a country where daily expenses, from groceries to housing, are demonstrably above average for many global citizens. Potential residents must factor in this elevated expenditure when calculating their financial viability, particularly given the median salary of $50,349 USD/year, which may be offset by the higher baseline costs.
Estimated Monthly Budget
$3,136/month
Based on a $3,500/month US baseline adjusted by price level (89.6%)
Lifestyle Basket Costs
Remote Worker
$130.40
Coffee, internet, mobile data, gym, and going out
Family
$25.09
Groceries, transport, and utilities for a household
Retiree
$51.64
Essentials, utilities, and leisure
Digital Nomad
$178.60
Accommodation, connectivity, coffee, and getting around