Hello everyone. I’m @olivertomolife and I’ve studied abroad in Sydney!
Did you know that worldwide, prices and wages are said to be proportional?
Australia is also famous for having one of the highest prices in the world and a high cost of living.
By reading this article, you’ll be able to solve your Australian living anxiety!
This is because there are effective ways to save money even when the cost of living is high.
In this article, I would like to introduce some things about money in Australia, using the knowledge I have actually gained from my study abroad experience.
I studied in Sydney for a year starting in 2018. Now I am writing a blog based on that experience.
So let’s see what we can learn about money in Australia!
What is the cost of living in Australia in the world?
Do you know how expensive the cost of living in Australia is in the world?
In conclusion, the cost of living in Australia is said to be one of the highest in the world.
According to The Economist Intelligence Unit’s World Price Survey, Sydney is the fifth most expensive city in the world, and Melbourne is the sixth most expensive.
The survey was conducted using New York as its starting point.
From these points of view, it can be seen that the prices in Australia’s major cities are high.
The following article provides more detailed information about the cost of living in Australia, so please refer to it.
3 Effective Ways to Save Money in Australia
With the high cost of living in Australia, you may need to save money to make ends meet.
There are three points you need to know when doing so, and I will briefly introduce them here.
Rents tend to be higher in the center of cities than anywhere else in the world, so you can save money by living a little further away.
Also, eating out is expensive in Australia, costing more than 15 Australian dollars, so you can save money on food by cooking for yourself more often.
There is also a way to save money by using the tap water in your house, as buying the necessary drinks at the supermarket each time can be an unexpected expense.
Please refer to the following article for more detailed information on how to save money.
How much is rent in Sydney per month?
Based on the price of goods and how to save money, how much does rent cost per month in Sydney, the most populous city in Australia?
It varies depending on the type of room and location, but the average rent is said to be 720~920 Australian dollars per month.
These are the average rent for a room shared by several people, so if you live in a private room, the rent will be even higher.
Please refer to the following article for more detailed information on rent in Sydney.
- Sydney is the 5th most expensive city in the world, and Melbourne is the 6th most expensive.
- To save money, use the outskirts of the city, self-catering, and tap water.
- Average monthly rent in Sydney is over 720 Australian dollars
In this post, I’ve outlined three pieces of information about money in Australia!
Australia is one of the most expensive countries in the world, and the cost of living is high.
Australia is one of the most expensive countries in the world to live in, and the cost of living is high. By practicing these basic money-saving tips, you will be able to live without fear of prices.
We urge you to sort through all this information before you give it a try!
This blog is constantly updated with information about Australia.
We would be very encouraged if you could share it on social networking sites.
Thank you for reading to the end!