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Cost of Living

An overview of the cost of living in Perth covering expenses like housing, utilities, groceries, and lifestyle needs.

Sections

1. Housing Costs

Housing is one of the largest expenses in Perth. Costs vary depending on the type of accommodation, location, and whether youโ€™re renting or buying.

Rental Costs (per week)

  • City Centre (CBD):
    • 1-bedroom apartment: AUD 450โ€“600
    • 2-bedroom apartment: AUD 600โ€“800
  • Suburbs:
    • 1-bedroom apartment: AUD 350โ€“500
    • 2-bedroom house: AUD 450โ€“650
  • Shared accommodation: AUD 150โ€“250 per week (per person)

Buying Property

  • Median house price: AUD 550,000โ€“650,000
  • Median apartment price: AUD 400,000โ€“500,000

Additional Housing Costs

  • Bond (security deposit): Typically 4 weeksโ€™ rent.
  • Utilities (electricity, water, gas): AUD 150โ€“250 per month.
  • Internet: AUD 60โ€“100 per month.

Local Insights:

  • Suburbs like Subiaco, Leederville, and South Perth are popular for their proximity to the city and lifestyle amenities but are more expensive.
  • More affordable suburbs include Cannington, Balga, and Armadale, though they may be farther from the CBD.
  • Rental demand can fluctuate, so itโ€™s advisable to secure housing before arriving, especially during peak periods (e.g., Januaryโ€“March when students arrive).

2. Groceries

Groceries in Perth are moderately priced compared to other Australian cities. Shopping at local markets can help reduce costs.

Average Monthly Grocery Costs

  • Single person: AUD 300โ€“400
  • Family of four: AUD 800โ€“1,200

Sample Prices

  • Milk (1L): AUD 1.50โ€“2.00
  • Bread (loaf): AUD 2.50โ€“4.00
  • Eggs (12): AUD 4.50โ€“6.00
  • Chicken breast (1kg): AUD 10โ€“12
  • Rice (1kg): AUD 2.50โ€“4.00
  • Apples (1kg): AUD 3.50โ€“5.00
  • Coffee (250g): AUD 5โ€“8

Local Insights:

  • Supermarkets: Coles, Woolworths, and Aldi are the main chains. Aldi is often cheaper.
  • Farmersโ€™ markets (e.g., Fremantle Markets, Subiaco Farmers Market) offer fresh produce at competitive prices.
  • Buying in bulk from stores like Costco (membership required) can save money.

3. Utilities

Utilities in Perth include electricity, water, gas, and internet. Costs depend on your household size and usage.

Average Monthly Utility Costs

  • Electricity: AUD 100โ€“150
  • Gas: AUD 50โ€“100
  • Water: AUD 30โ€“50
  • Internet: AUD 60โ€“100 (unlimited plans)

Local Insights:

  • Perth has a warm climate, so air conditioning can increase electricity bills in summer (Decemberโ€“February).
  • Some rental agreements include water usage in the rent, so check your lease terms.

4. Transportation

Perth has an efficient public transport system, but many residents prefer driving due to the cityโ€™s layout.

Public Transport Costs

  • Single ticket (2-hour validity): AUD 3.20โ€“4.90 (depending on zones)
  • Daily cap: AUD 10.60
  • Monthly pass: AUD 150โ€“200
  • Student concession: 50% discount on fares.

Driving Costs

  • Petrol: AUD 1.80โ€“2.10 per litre.
  • Car registration (Rego): AUD 700โ€“1,000 per year.
  • Insurance: AUD 500โ€“1,200 per year (depending on coverage).
  • Parking: AUD 2โ€“5 per hour in the CBD.

Local Insights:

  • Public transport is managed by Transperth, which includes buses, trains, and ferries. Use the SmartRider card for discounted fares.
  • Cycling is popular, with dedicated bike paths in many areas.
  • Ride-sharing services like Uber and Ola are widely available.

5. Healthcare

Australia has a high-quality healthcare system, and Perth is no exception. Costs depend on whether youโ€™re eligible for Medicare (Australiaโ€™s public healthcare system) or need private insurance.

Healthcare Costs

  • GP visit: AUD 70โ€“100 (Medicare rebate: AUD 39.75 if eligible).
  • Specialist visit: AUD 150โ€“300.
  • Prescription medication: AUD 10โ€“40 (with Medicare subsidy).
  • Private health insurance: AUD 100โ€“200 per month (single person).

Local Insights:

  • If youโ€™re on a temporary visa, you may not be eligible for Medicare and will need private health insurance.
  • Pharmacies like Chemist Warehouse often have lower prices for over-the-counter medications.

6. Entertainment

Perth offers a variety of entertainment options, from outdoor activities to cultural events.

Average Costs

  • Movie ticket: AUD 15โ€“25
  • Restaurant meal (mid-range): AUD 20โ€“40 per person
  • Coffee: AUD 4โ€“6
  • Pint of beer: AUD 10โ€“12
  • Gym membership: AUD 50โ€“100 per month
  • Concerts or events: AUD 50โ€“150 (depending on the artist/venue).

Local Insights:

  • Many outdoor activities, such as visiting Kings Park or the beaches (e.g., Cottesloe, Scarborough), are free.
  • Look out for free community events and festivals, especially during summer.
  • Dining out can be expensive, so consider cooking at home or exploring food trucks for affordable options.

7. Additional Considerations

Taxes

  • Australia has a Goods and Services Tax (GST) of 10%, which is included in most prices.
  • If youโ€™re working, income tax will be deducted from your salary. The rate depends on your income and residency status.

Banking

  • Opening a bank account is straightforward. Major banks include Commonwealth Bank, ANZ, NAB, and Westpac.
  • Some banks offer fee-free accounts for students or new migrants.

Local Tips

  • Perthโ€™s cost of living is generally lower than Sydney or Melbourne, but wages are also slightly lower.
  • The city is known for its laid-back lifestyle, so budgeting for outdoor activities and socializing is important.
  • Perthโ€™s public transport system is reliable, but if you live in outer suburbs, owning a car may be more convenient.

Summary of Monthly Costs (Single Person)

| Category | Estimated Cost (AUD) | |-----------------------|--------------------------| | Housing (rent) | 1,800โ€“2,400 | | Groceries | 300โ€“400 | | Utilities | 150โ€“250 | | Transportation | 150โ€“300 | | Healthcare (private) | 100โ€“200 | | Entertainment | 200โ€“400 | | Total | 2,700โ€“3,950 |

For a family of four, expect to spend around AUD 5,000โ€“7,000 per month, depending on lifestyle choices.


Final Tips

  • Plan Ahead: Research housing and transportation options before arriving.
  • Leverage Discounts: Use student or concession discounts where applicable.
  • Explore Free Activities: Perth has plenty of free or low-cost outdoor attractions.
  • Monitor Exchange Rates: If youโ€™re transferring money from overseas, exchange rates can impact your budget.

Let me know if youโ€™d like more specific advice or assistance with any of these categories!