June 11, 2024
Cost of Living in Gold Coast

Cost of Living in Gold Coast

Cost of Living in Gold Coast, Australia is 22% higher than the national average. Learn about the average cost of rent, utilities, groceries, transportation, eating out, leisure, and clothes and shoes in the Gold Coast. Also find tips on how to save money on living expenses in the city.

Are you considering moving to the beautiful Gold Coast in Australia? Before you pack your bags and make the move, it’s essential to understand the cost of living in Gold Coast. This coastal city is known for its stunning beaches, vibrant lifestyle, and diverse culture, but like any place, it comes with its own set of expenses. In this guide, we’ll break down the living costs in Gold Coast, covering everything from housing to daily expenses, and provide you with valuable information to help you plan your budget effectively.

Hosing cost of rent in Gold Coast

The average cost of rent in Gold Coast can vary depending on the location and the type of accommodation. For a one-bedroom apartment in the city center, you can expect to pay around 2,184.13 A$ per month, while a similar apartment outside of the center may cost around 1,942.86 A$ per month. If you need a larger space, a three-bedroom apartment in the city center could be around 3,712.50 A$ per month, and outside of the center, it might be approximately 2,787.50 A$ per month.

Cost of living in Gold Coast Summary:

Let’s start by examining the typical expenses you can expect when living in Gold Coast. The table below outlines the average costs for various categories, helping you get a clear picture of your potential monthly expenses.

 

Category Average Cost (in A$)
Food
Meal, Inexpensive Restaurant 25.00
Meal for 2 People, Mid-range Restaurant 90.00
McMeal at McDonald’s (or Equivalent Combo) 15.00
Domestic Beer (0.5 liter draught) 8.00
Imported Beer (0.33 liter bottle) 9.50
Cappuccino (regular) 5.47
Coke/Pepsi (0.33 liter bottle) 3.36
Water (0.33 liter bottle) 2.61
Markets
Milk (regular), (1 liter) 1.82
Loaf of Fresh White Bread (500g) 2.90
Rice (white), (1kg) 3.19
Eggs (regular) (12) 4.83
Local Cheese (1kg) 10.71
Chicken Fillets (1kg) 12.19
Beef Round (1kg) (or Equivalent) 15.75
Apples (1kg) 4.42
Banana (1kg) 3.73
Oranges (1kg) 3.18
Tomato (1kg) 6.16
Potato (1kg) 3.31
Onion (1kg) 2.98
Lettuce (1 head) 3.69
Water (1.5 liter bottle) 2.12
Bottle of Wine (Mid-Range) 19.00
Domestic Beer (0.5 liter bottle) 6.25
Imported Beer (0.33 liter bottle) 5.75
Cigarettes 20 Pack (Marlboro) 35.00

Transportation Cost of living in Gold Coast

One-way Ticket (Local Transport) 5.00
Monthly Pass (Regular Price) 160.00
Taxi Start (Normal Tariff) 3.10
Taxi 1km (Normal Tariff) 2.29
Taxi 1-hour Waiting (Normal Tariff) 51.60
Gasoline (1 liter) 1.91
Volkswagen Golf 1.4 90 KW Trendline (Car) 35,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Car) 35,500.00
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water) 185.83
Mobile Phone Monthly Plan (Calls + Data) 45.00
Internet (60 Mbps or More, Unlimited Data) 83.29
Sports And Leisure
Fitness Club (Monthly Fee for 1 Adult) 73.21
Tennis Court Rent (1 Hour on Weekend) 30.00
Cinema, International Release (1 Seat) 20.00
Childcare
Preschool (Full Day, Private, Monthly, 1 Child) 2,490.00
International Primary School (Yearly, 1 Child) 25,941.00
Clothing And Shoes
1 Pair of Jeans 102.00
1 Summer Dress 67.50
1 Pair of Nike Running Shoes (Mid-Range) 171.12
1 Pair of Men’s Leather Business Shoes 156.00

FAQ

What is the average salary in the Gold Coast?

The average monthly net salary (after tax) in the Gold Coast is A$6,283. This means that most people in the Gold Coast earn enough to cover their living expenses.

How much do I need to earn to live comfortably in the Gold Coast?

The amount of money you need to earn to live comfortably in the Gold Coast will depend on your lifestyle and spending habits. However, a good rule of thumb is to budget at least A$3,000 per month for a single person and A$5,000 per month for a family of four.

Is the Gold Coast a good place to live?

The Gold Coast is a great place to live if you are looking for a beautiful, sunny climate, a laid-back lifestyle, and plenty of things to do. However, it is important to be aware of the high cost of living before you move to the city.

How can I save money on living expenses in the Gold Coast?

There are a few things you can do to save money on living expenses in the Gold Coast:

  • Live outside of the city center.
  • Share a house or apartment with roommates.
  • Cook at home instead of eating out.
  • Take advantage of free or low-cost activities.
  • Use public transportation instead of driving.

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