Australia came out of global recession unscratched.
Thanks to the booming mining industry, the country is now richer than Australian’s could ever imagine 10-20 years ago. In fact, it is now one of the richest in the world.
No wonder skilled Filipinos are knocking at Australia’s doors.
If you are thinking about moving down under, you might want to consider the cost of living in Australia.
Do not try to convert the amount in Peso, unless you want your head to spin.
First, Australia’s average income for full-time employees was $75,603 in the last quarter of 2014.
Average income can go up to $80,054 if overtime and bonuses are added on top of the basic pay.
Males annually earn $15,000 more than their female counterparts on the average. While the highest paid workers are in Australia’s capital territory.
Here is a breakdown of salary by state and territory:
AVERAGE ANNUAL WAGE
New South Wales
The top 5 occupations with the highest earnings are:
Average Annual Wage
Professional, Scientific and Technical Services
Financial and Insurance Service
Information Media and Telecommunications
Electricity, Gas, Water and Waste Services
There was a 2.7% increase in the past 12 months in Australian ordinary full time wages in 2014.
You may check an estimate of how much you get for your specific job here.
Now, let us see how much you need to spend on a weekly or monthly basis.
Apartment and Property Hunting
Accommodations are notoriously high in some areas in the country. Some buy property in the suburbs where prices are a bit more affordable. Others rent apartments in and around the city where they are closer to work or schools.
The average rent per month near a city centre is $1,740.83 for one-bedroom apartments while you need to pay $1,242.89 if you rent outside the city.
If your family needs more room, a three-bedroom apartment costs $2,873.43. You may save around a thousand if you rent in the outskirts of the city.
Food and Other Basic Needs
You would need to spend average of $80 to $200 per week for groceries and eating out. Of course, you can spend less if you cook your own food at home.
Loaf bread 650g
Cheddar Sliced cheese 250g
Chicken Parts 500g
Eggs (6pcs XL, 350g)
If you fancy eating out a McDonalds (“Maccas”) meal is around $9.20.
If you are craving for a cup of coffee, a regular cappuccino is $4.06 while a 3-litre bottle of bear is priced at $8.00.
If you feel like celebrating, a restaurant meal can cause $18 to $80.
Clothes and Personal Needs
Clothes are a necessity, especially if you are going to stay in states with cold temperatures.
However, it is another thing that is expensive over here. In fact, 71% of Australian women think that fashion in the country is overpriced.
On a weekly basis, Australians buy an average of $64 for a small family with children below 5 to 14 years old. You would need to spare $23 weekly if you migrate alone and you need to update your wardrobe for your new job (cheers!)
For basic toiletries
Soap (2 pack, 95g)
Toothbrush (2 pack)
Tooth paste (regular, 120g)
Deodorant (roll on 50mL)
Facial wash 150mL
Sunscreen SPF 50+ (100ml)
Facial moisturizer 250g
Lip balm stick
Medicine and health expenses may cost $77 weekly, again if you are a small family with young children.
Multi vitamins (10 pack)
Pain reliever (Ibuprofen, 12 pack)
Antacid (500mg, 24 pack)
If you already hold a permanent residency, apply for Australia’s Medicare and/or apply for Health Insurance.
To go to and from work and some places around, public transportation costs $10-$50 weekly. A one-way ticket is at $4.00 or you can buy a monthly pass for $130.00.
Locals would not usually advise you to use the cab unless you really need to or you are talking to a cabbie. Taxis flag down costs $4.00.
If you can, buy a car (new or second hand) especially if you live in the suburbs and you work in the city. There is little traffic along the way, but it can be really far. Petrol only cost $1.42 per litre.
Household Utilities and Expenses
Basic household utilities including gas, heating, water and garbage costs $207.92 monthly for an 85m2 apartment.
Gadgets and Appliances
The Internet and other communication devices are now considered a necessity especially if you have families miles away from where you are. Depending on your plan and subscription rate with the telecommunication provider, a 10Mbps unlimited data costs $70.51 (yes it is 10 Mbps, not a typo).
Appliances are better bought here because electricity here runs on a 240-volt and a different plug type.
Mobile phones would generally work, however, your phones battery charger may not.
It is also illegal to connect any equipment (like a modem) to a phone line unless it is approved for use in Australia.
Good news! Sydney ranked 6th in the list of most affordable places to buy gadgets with Tokyo taking the lead.
To check what appliances and gadgets you may bring, you may click here.
If you are bringing your child with you, a long day care cost $70 – $185 per day while preschool aged children have tuition fees ranging from $45-$80 per day.
The prices may seem to skyrocket but if you think about it, you can get a better pay here.
Besides, Australia houses some of the world’s most liveable cities, Melbourne ranks number 1for the 5th time. Adelaide ties with Calgary, Canada at number 5 while Sydney and Perth sits on number 7 and 8 respectively.
This means that the living conditions in these places are above satisfactory in areas of safety, healthcare, educational resources, infrastructure and environment.
If you are skilled and you are looking for a place to migrate to, Australia could just be the next place to call home.
***The salary reflects the average income of Australians in 2014.
***Prices of different services and products may also vary depending on state and provider/store.
*** Prices are for readers to get a feel on expenses here in Australia
Special thanks to Thirumurugan P for the main image.