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How Much Does It Cost To Live In Australia In 2024 | COST OF LIVING
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- čas přidán 6. 04. 2024
- We share how much it costs us to live in Australia in 2024 - our expenses.
We are a family of 5 living on the Sunshine Coast.
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Crazy with the current! We pay only 25 CHF in a month here in Switzerland for our 2 room flat. In the Philippines it was 5x higher. Seems the same in Australia. Interesting channel. New subscriber 😊
I'd say with a current exchange rate of nearly $2 to the £1, cost of living is comparable to the UK with the exception of rego (which we don't have) and schooling (although trips here are extra also). Energy in Aus is far lower than the UK. This is based on my experience. This just shows how inflated everything has become in the UK, but sadly wages haven't kept up.
It’s quite frightening to hear how much the cost of living has gone up in the UK 😢
Yeah it is frightening. We're thinking of starting the process to move next year. Just got my gas and electric bill. 4 bed home and it's £850 for three months! 😢 Thanks for all your videos. They're so helpful and honest
@@user-pd7op1pu6lI'm in the UK & I did a comparison of these costs with my own using a conversion app....I was actually shocked to find the majority of my costs are much higher, especially electricity
@@beckystokes7645gosh, it’s so frightening how high it’s got there xx
Another great video. Thanks Bam Famalam. I would first like to say how helpful your weekly video's are. We live in Ireland and would think the costs over in Australia are around 5-10 cheaper. Would I be correct in saying that your monthly bills would be around 3-4k depending on personal circumstances, excluding mortgage payments, entertainment and unforseen expenses. I think a very worthwhile point to mention is the income tax rates are significantly less than in Ireland (not sure about the Uk). I'll give you an example. In Ireland, 61k per annum (Euros) income, you would pay €17,180 in income tax or €28,690 in the Australian dollar equivent. In Australia, 100k income per year (61K in Euros), you tax bill would be $22,967 or €13,961. That's a saving of $5,723 dollars per year. Which is quite a big difference.
We'll be coming out for a recce in the next few months. Looking around Hope island and now with your influence, the sunshine coast 😊. Would love to meet up for coffee when we come out.
Thank you once again for the fantastic vid's and infectious enthusiasm regarding Australia.
So glad it’s been so useful for you 😊
Hope Island is also lovely, we looked there ourselves on our recce xx
@@TheBAMFamalam Thanks. As you mentioned in one of your previous vids, it's almost impossible to decide until you're out in Australia
By the way very well edited, love it ❤
Thank you 🥰
Australia is a dreadful country to live in. I'm preparing to emigrate to Asia.
Out of curiosity, why?
@AT-ge9pn The culture of the country. The character of its people. The governments attitude and character and the severe housing crisis forcing us to seek more affordable sanctuary in a home owner's bedroom.
Great vid! Good insights too! Aus doesn't sound too costly...
UK Prices in GBP in Bracknell area (South England, Berkshire) per month.
Multiply by 2 to get the AUD amount.
Note: This is not London prices, they far higher.
1 Bed, 1 bathroom tiny place for 2 people
100 - electric
30 - water
165 - council
30 - Fibre Internet
Don't have - Pest Spray
1250 - 1 bed, 1 bath tiny place per month
140 - Fuel
50 - vehicle insurance per year for 1 car (ford fiesta)
190 - vehicle tax per year for 1 car (ford fiesta)
200 - per service
30 - car MOT per year
15 - per month per phone, sim only data and minutes (cheap plan)
300 - Groceries per month
Unknown - dental per person
28 - per person gym
Unknown - per child per year school (state)
free - per visit to GP (A&E +10hours wait)
18 - per haircut man
100 - per haircut woman
unknown - dog insurance a year
15-20 - main meal eating out per person
In the UK Unknown- dental per person, is that because you Pom's have such bad teeth. LOL!!!! A&E +10 hours, hells no, we have Urgent Care Clinics with a Medicare card is free +1 hour maybe. I had a broken little toe, went to A&E, was free +5 hours, I said screw that & went to Urgent care free + 35mins.
Ohhhhhh my goodness, those costs are insane!!! I moved back to the UK 6 years ago and our outgoings are nothing like that now!!! No wonder wages there are higher! My husband was a teacher in QLD and there was no money left after all the bills were paid! Love your videos as so 'real' and just what people need if thinking of emigrating. Love xx❤❤
Certainly the costs of rent and buying a house as a first time buyer now would be very difficult. It’s terrible when people work full time and struggle.
Glad you’re enjoying xx
@@TheBAMFamalam ❤️
You were wise to move back to England. Close to the rest of Europe and civilization. It is too isolated in Oz!
@@shyamchabra5355 It feels wonderful to be back! X
@shyamchabra5355 that's one of the best things about Australia, isolation from the rest of the messed up world.
I had sola panels put on my roof many years ago and since then have never had an electricity bill. In fact I’ve always been in credit as I get a very good feed in tariff. I’m in Adelaide.
Fingers crossed we have the same result. The feed in tariffs have gone down dramatically here 🤞🏼
when was that happened?
Very comparable to Vancouver Island, Canada except food would be around 2 grand here, phones are super cheap there holy.. ours are like 90$ each phone. Fuel is over two bucks here. Only challenge is for our kids, they have zero chance of home ownership...which fits the WEF plan. We are putting a 2 bed suite in our place so as they have something. Homelessness is a massive issue here as young are just giving up. Is the dream lost there? Looks like it is to me for your kids. Worlds screwed if you ask me.
I certainly think that home ownership is going to be far more difficult for our children… to get onto the market would be a much bigger step, they really have to think outside of the box now, move to different areas or somehow make a fortune xx
Yes, we need to make some major changes to make housing more affordable in Australia and Canada. It will be painful for existing home owners but much better in the long run.
Your videos are great 😊. A few things I’d like to know is
1. Can you recommend an agency to deal with the PR process or did you do it all yourselves?
2. Before anyone even thinks about applying for a PR visa how much 💰would you recommend saving for the process and then having enough to live off when finally out in Australia? ( this will be for a family of 4 )
3. When it’s spring/summer time here the pollen count is very high in Ipswich 🇬🇧which is annoying. What’s it like in Queensland compared to the UK ?
My husband and I live well on less than $32k a year.
$150 a month for water??? Somethings not right, maybe you have a leak? (I'm in sydney)
That’s good to know, we’ll have a look at that, thank you. We haven’t had to pay for water for a while as we were on tank at our last property so wasn’t sure what the usual rate was xx
Most the time the water bill is actually your sewage and emergence levy fees connection charges you will find the KL of water used is only a small part of the bill.
@@TheBAMFamalam Sorry, my mistake. I checked and my bill is similar to yours. I think I was drunk.
😂😂😂
I would love a meal plan of what you eat I have a family of 5 to six and spend well over $300 per week and we eat basic at beast.
We will try to put that together, there’s a few of our recipes over on insta already xx
Great video. I think it would have been useful to cover 1) Average monthly mortgage cost for those $1m-1.5m houses you showed (with a 15-20% deposit for example) and 2) Typical childcare costs...as for most families it's necessary for both parents to work due to the cost of housing. Honestly for young families everything else pales in comparison to the cost of those two items.
Exactly the housing costs would have been good to know because it looks very expensive
@@daus6035to buy those houses with a 20% deposit you'd be looking at a minimum $850,000 loan which will cost $5,100 a month at current interest rates. And that gets you nothing special in the major cities.
@@daus6035 Australian housing is crazy expensive and getting worse. Mortgage rates are around 5.7% but shopping around can make a big difference.
OMG the price of your Rego I think it sounds like it’s gone up. But definitely love the price of your fuel your petrol price is very cheap. Try paying $ 3.00 a litre for 91 and Diesel is $2.60 a litre and then with Diesel you have Road users Charges which is $800 for 10’000 kms. It’s $15 a tray of eggs between $7 for a 3 litre bottle of milk. Well rent is very expensive. The water price is about the same. This is here in Auckland New Zealand
Those are insane prices 😳 That road user charge is quite frightening xx
@@TheBAMFamalam yes and the government is thinking of putting road mileage on petrol cars is well . Hopefully they don’t
I cant wait to move here with my family, our cost of living in the UK is an absolute joke and the wages dont match, most people are living pay check to paycheck!, the NHS has fell apart, the police force is a clown show, the crime rate is through the roof and alot of unvetted unknown people just walsing through our borders, very scary times ahead for the UK i do not want to be here any longer with my girls im scared for their future here, im saving and preparing for our future down under, i cant wait to get away!, were a massive fan of the page X
I think we’re going to get a shock next time we visit 😢xx
Australia is not perfect .but if l had 2 young girls I couldn't think of a better and safer country for them to grow up in than this fucking great country I live In 🇦🇺 my kids wouldn't want to live anywhere else .
Don't move to kingscliff or byron it is expensive than these houses
try 3 times the propety prices and everything else is the same as U.K this is a u.k person came here in mid 60"s but now stuffed 'unles you cant speak english and come in as areffo
Lol it's funny you think Australia is better than UK 🤣😂 Australia was great untill 2015 after that has went downhill 😅
Thanks for such honest and detailed videos Maz 😊. We are in the UK past 5 years and looking to move to AU just for the goodness of climate in 1st place. My doubt is should we check with an immigration agency 1st or clear our English exams and then contact an agency? Not sure which approach to take? Please throw some light!!
Speak to an emigration agent first so that you know your options and the costs involved. Not every visa requires you to do the English test xx
@@TheBAMFamalamlovely thanks a lot for your kind reply Maz 😊
Your house costs (even including groceries) are basically the same as or less than mine. 3 bed house in the Uk, 2 adults 2 kids. Fuel is less too 🥲
ASK the P.M he knows all that stuff 3 houses/good salary /subsidized booze and meals/privat jet/etc etc
The costs in the Sunshine Coast feels on par with some of the larger west coast cities in the US.
Your videos are so helpful thanks for all the information. We have our visas and are making the move in Feb but still really struggling to decide which part of Aus to move to for work!
Is your email only for business proposals ? Would be great to pick your brains on your views !
Hello Bam Famalam,,,It's been awhile since I have seen your Blogs,,,Sorry about that...Have you left your last house, or are you still there?..The reason I ask is that you said you were thinking of moving somewhere else..I won't miss anymore in the future..hope life is good for you both and your 3 girls..see ya....
We took a break from yt for a little while, so you haven’t missed too much 😁 Yes, we have moved, we’re now back on the coast xx
It was a lot better in the 60s than it is now.but that goes for most places then.
If it's fiber, then I suspect it's through Opticomm, which would be rubbish.
It’s a different company, but still rubbish 😊
The food bill of $250 a week makes no sense. Family of 5 eating 3 meals a day 7 days a week, that's 105 meals. $2.40 per person per meal.
You need to explain car insurance to them, as in England its totaly different.
It sure is - it took me having an accident to find out that you don’t have to have insurance to cover the other vehicle if you’re at fault 😳
In Queensland this year also you have to be fire compliant in each room.$
Your house insurance seems very high. Are you in a flood or bushfire zone?
It’s better than the uk prices! The uk is expensive and you don’t earn the decent salaries.
how is your car insurance only $1,000 something for two cars?
My haircut only costs me 10 dollars per visit.
All those price flaxuate depending your circumstances
Who is your car insurance ?
When did a ENTREE become a starter? 😮😮😮😮😮😮
I have always onsidered an entrees to be the first course or starter. Next course is the main.
@@jaynemeulman8484 oh, that explains everything. How ignorant can I be?
don't thing to come live in australia is not easy very exsp !!!!!!! forget to buy hause !!!!!!!!!!
Housing is a huge problem in Australia. I own my home with no mortgage, but it's a disaster for young people trying to get into the market. A national disgrace.
Wow pricey...but then wages are higher there....
Generally yes, that definitely needs to be considered for people moving xx
Wages are crap in oz
A shit load of money people don’t have 😳👀🫣😩😧😢
Wow, seems very expensive just like Toronto
Very similar to Canada. Housing here is ridiculously expensive and getting worse. Tax breaks for investment properties, planning and building laws and (to a lesser extent) high immigration are to blame. It's a global problem, but Canada and Australia have screwed up their housing markets the worst.
About 4 times my income.
Too fucking much
You don't sound Aussie. Brit I would guess.
A lot hahahaha
A bloody lot hahaha 😝
A god dam fortune...its ridiculous