What are the expenses of living in Australia that make you "painful"? You must be careful about these ten high-consumption areas

Hello everyone, I am the assistant of Australian Encyclopedia. Recently, some friends asked me aboutAustralia's high-end consumer goods sectorNow I will summarize the relevant issues and hope it will be helpful to those who want to know more.

### A complete breakdown of the cost of living in Australia
According to The Economist's 2023 Global Cost of Living Report, Sydney ranks as the 10th most expensive city in the world, followed by Melbourne at 15th. Although you can earn a lot of money in Australia, the following ten areas of consumer spending often make new immigrants and international students feel that they can't afford it:

#### 1. Housing costs top the list
- **Median rent**: Sydney detached house weekly rent $750+, Melbourne apartment $500+ (Domain 2023Q3 data)
- **Buying costs**: Sydney median house price $$1.4 million, Melbourne median house price $$1 million (CoreLogic latest report)
- **Student dormitory**: The annual rent for a single room in the eight famous universities is as high as $25,000-$35,000

#### 2. Education expenses are staggering
- **Primary and secondary schools**: Average annual tuition fees for private schools is 1TP420,000-1TP440,000
- **Higher Education**: Annual tuition fees for international students for undergraduate business studies are $45,000+ (Sydney University 2024 standard)
- **Extracurricular tutoring**: IB course tutoring $80-$150 per hour

#### 3. Double crit of transportation costs
- **Public transport**: Sydney Opal card one-way up to $18.7, Melbourne Myki day ticket $10
- **Vehicle Ownership**: The new Toyota Corolla is priced at $33,000, and the oil price has been maintained at more than $2/L for a long time

#### 4. Medical spending carries hidden risks
- **Dental treatment**: Root canal treatment $1,500-$2,200
- **Ambulance fee**: Victoria single trip $1,276 (without insurance)
- **Private medical insurance**: Basic hospitalization insurance monthly fee $100+ (standard for 30-year-old adults)

#### 5. The prices of daily necessities are the highest in the world
- **Supermarket prices**: 1L milk $1.7, 500g beef $12, 40% more expensive than the UK and the US (Numbeo data)
- **Hidden consumption**: supermarket plastic bag $0.15/piece, IKEA delivery fee $99 and up

#### 6. Water, electricity and gas continue to rise
- **Quarterly bill**: Average $500+ for a family of three (including $140/quarter grid access fee)
- **Winter heating**: Gas bills soared by 300% in a single month.

#### 7. Communication costs remain high
- **Mobile phone package**: Optus 100GB data monthly fee $70
- **Home Network**: NBN 100Mbps package monthly fee $90+

#### 8. Amazing entertainment and dining expenses
- **Movie ticket**: Event Cinema Adult Ticket $25
- **Restaurant consumption**: CBD Chinese meal per person $50+, a cup of coffee starts from $4.5

#### 9. Insurance costs are increasing
- **Car insurance**: Full insurance annual fee $1,500+ (Sydney novice driver standard)
- **House Insurance**: Single-family house annual premium $1,200+

#### 10. The tax system is interconnected
- **Consumer Service Tax**: All goods include 10% GST
- **Wage tax**: Annual income $180,000 and above, tax rate 45%

### A practical guide to saving money
1. **Housing selection**: Prioritize sharing a room near the university and use platforms such as Flatmate to match roommates
2. **Education planning**: Apply for scholarships in advance (such as the Australian Government Endeavour Scholarship)
3. **Traffic strategy**: When buying a used car, it is recommended to choose a 5-year-old Japanese car, and the annual maintenance fee can be controlled within $800
4. **Medical preparation**: International students must purchase OSHC insurance, and families are advised to choose Bupa comprehensive package

Australian Encyclopedia Assistant reminds: The inflation rate in 2023 has reached 6%. It is recommended to deal with it in the following ways:
- Use Pricehip to check supermarket prices
- Register for Flybuys and Everyday Rewards points
- Follow Financial Counselling Australia for free financial advice

Thank you for your reading. I hope this article can help you understandAustralia's high consumption sector, it is recommended to save this article and forward it to friends who are about to go to Australia. We will continue to update the practical guide to life in Australia, click to follow and don’t miss important information!