CostTrek

✦ Cost of living

Australia

National taxes, visas and economy — plus every city we track in Australia.

The cost of living in Australia averages 123 on our index (a typical US city = 100) — about 23% more expensive. Among the cities we track, Melbourne is the most affordable and Sydney the priciest. A one-bedroom rent runs roughly $2,000/mo and the top income-tax rate is 45%. The average net salary is about $3,900/mo.

Currency
Australian dollar ($ AUD)
Languages
English
Capital
Canberra
Driving
Left-hand side
Power
I · 230V

▤ Taxes

45%

Income tax

progressive

10%

VAT / sales

30%

Corporate

$3,900

Avg net salary

per month

$2,600

Minimum wage

per month

83.1 yr

Life expectancy

World Bank 2024

✈ Visas & residency

Points-tested skilled migration; employer-sponsored visas.

✈ ETA/eVisitor for short visits from many countries.

Skilled Independent (189)residence
Skills in Demand visawork

❖ Cities in Australia

⚖ Compare Australia with other countries