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Cost of Living Australia 2024 & Monthly Expenses to Expect | How Expensive is Sydney?! 

candidly vivian
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Moving to Australia in 2024? Wondering how much it costs to live in Australia? How expensive is Sydney / Melbourne? This is your complete guide to the cost of living in Australia and ALL the monthly expenses you need to expect if you're planning on moving here.
Recently, it was announced the Sydney housing market has surpassed New York and London, consistently ranking in the top most expensive cities in the world to live in. Today, we'll chat about all the different expenses you could be expecting if you're moving here, including: housing expenses, rent, property bills, utilities, gym, groceries, dining out, phone plans and medical appointments.
Music by Chinsaku - Cozy - thmatc.co/?l=182959C5
commonly searched tags:
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subscriber count at time of upload: 4096
FTC: I am not a financial expert and this video is not sponsored. All opinions are my own

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5 авг 2024

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Комментарии : 127   
@erictang4798
@erictang4798 6 месяцев назад
I know Sydney is expensive. Below is my way of saving $$ 1. I own my house and no rent is needed and no strata. 2. I have full solar panels on my roof and I run most device like washing machine, dishwasher, vaccum cleaner during the day when power is free. 3. I cut my hair. 4. I never take public transport as I drive to work and consume cheap Costco fuel. 5. I hardly eat out as I cook 99% at home, basically having dinner party with friend at home. Buying coffee & bubble tea does not apply to me. 6. I never go to cinema as I have 75 inches big TV with netflix subscription with surround sound speakers to watch movies. 7. I DIY most things at home. 8. I use gift card with 5% discount to shop in Wooly supermarket. 9. I enjoy free exercise and hobby like bike ride, fly my drone & picnic. This measure is not hard, just abit of change of life style for me.
@candidlyvivian
@candidlyvivian 6 месяцев назад
I love this Eric!! I agree with pretty much all of your points and they are all things I have been practising across 2023: - less eating out because home cooked food is yummier and cheaper and larger portions... - no takeaway coffees bc coffee machine at home is great (thankfully i've never liked bubble tea so that wasn't too difficult) - cashback on everything and only buying on sale - not getting hair / other beauty stuff done outside - no cinemas either (i've always found cinema seats gross too, so I just wait until it's cheap to rent / hit streaming services and watch it at home instead)
@erictang4798
@erictang4798 6 месяцев назад
@@candidlyvivian I have also stopped buying thing from real stores like Bunnings, big W but ordered them online Temu with maybe 1/4 of the price. My GP is 100% bulk bill and I have health insurance to cover my dental and spectacle bills.
@candidlyvivian
@candidlyvivian 6 месяцев назад
omg hahah Temu is the best! and if you're not in a rush...order on Ali Express for even cheaper 🙃
@erictang4798
@erictang4798 6 месяцев назад
@@candidlyvivian Ali is not cheap and they charge for delivery...
@candidlyvivian
@candidlyvivian 6 месяцев назад
ahh I actually got lucky with them and ordered some home decor items for relatively cheap!! @@erictang4798
@adiagarwal3784
@adiagarwal3784 2 месяца назад
Great video and breakdown!
@candidlyvivian
@candidlyvivian 2 месяца назад
Thank you!
@Zilron38
@Zilron38 Месяц назад
Good video and thank you for your research.
@candidlyvivian
@candidlyvivian Месяц назад
no worries! thanks for watching :)
@pocoyomc
@pocoyomc 28 дней назад
This is handy and got to the key monetary components of living in Sydney. Thank you :)
@candidlyvivian
@candidlyvivian 28 дней назад
No worries at all 😀
@valentinaquiroga8294
@valentinaquiroga8294 6 месяцев назад
Thank you so much for the video! It was super clear and great help ❤
@candidlyvivian
@candidlyvivian 6 месяцев назад
yay no worries! :D
@VirtualOliverP
@VirtualOliverP 5 месяцев назад
A great rundown of costs of living in Australia especially in good ol Sydney 😅
@candidlyvivian
@candidlyvivian 5 месяцев назад
hahah yes good old Sydney bleeding us dry 😂
@jonathanbriones3235
@jonathanbriones3235 6 месяцев назад
I haven't seen in mentioned, but maybe go to Aldi for living essentials (i.e. meat, veggies....etc.). They have less variety than Coles or Woolies, but they're 30% cheaper. Would recommend Aldi for the everyday stuff.
@candidlyvivian
@candidlyvivian 6 месяцев назад
oh yes good tip!! i forgot to mention 🥲 I love Aldi too, significantly cheaper - i also carry some cash to avoid the card surcharge LOL
@PeacefulTraveller888
@PeacefulTraveller888 29 дней назад
I live further north, I’m older and established. Just one year younger than the Babyboomers. I have been making coffee at home for decades, I cook at home, I rarely eat any meat or eggs. Groceries DO cost a lot now. I might start going to Aldi a bit for some basics. I rarely eat out. The Federal government just gave ALL Australians a handout of $1k towards power bill. Look at your power bill to see for yourself. There have been state hangouts for over 12 months now too ⚡️I love going to the Arthouse cinemas but I stay in now and enjoy Netflix for $6.99 a month. Getting a good 📺 and wifi changed my circumstances. I don’t have expensive hobbies. I love spending time in nature and I’ve starting growing as much food as I can. I need all these changes. Hairdressers are expensive - I just go to the salon a lot less now. I have truly pulled my belt in and I am striving to be more frugal 💰
@hermesliteratus882
@hermesliteratus882 2 месяца назад
The cost of living in Australia has been increasing dramatically ever since the beginning of Covid in 2020 and there is no sign of easing any time soon. Now added to that is the sky rocketing property price in every major city in the country except for Melbourne.
@candidlyvivian
@candidlyvivian 2 месяца назад
it has been absolutely crazy. salaries haven't moved that much making things so much harder!
@jwnm8899
@jwnm8899 18 дней назад
I wonder what these incomes and expense catagories would look like in other countries in major cities? Sydney is expensive, thanks for explaining the situation.
@candidlyvivian
@candidlyvivian 16 дней назад
ahh i can't really comment on expenses but if you're interested in seeing different salaries across the cities, the HAYS salary guide for FY24-25 is out (and free!) and shows the different figures across states :)
@Disillusioned2022
@Disillusioned2022 6 месяцев назад
Dude you're gorgeous. Thanks for the video. It only re-affirms my decision to leave Australia and live in SEA was well worth it. My lifestyle here is that of a king considering I can keep my Australian job 100% wfh. I never left Australia. In the end, it left me.
@candidlyvivian
@candidlyvivian 6 месяцев назад
thank you! that’s great you get to work remotely on an australia income 🙂 all the best :)
@tanthaman
@tanthaman 3 месяца назад
Simp
@Disillusioned2022
@Disillusioned2022 3 месяца назад
@@tanthaman Words like simp, or incel, or racist - they have no meaning anymore. They are used by people in all the incorrect ways. Take your example - you called me a simp because I called a girl gorgeous. Ay yi yi.
@tanthaman
@tanthaman 3 месяца назад
@@Disillusioned2022 you called a girl beautiful on the Internet. You are a simp my friend
@wip-jz5gn
@wip-jz5gn 2 месяца назад
Lol - whinge about Australian lifestyle but leech off Australian's soil to sustain your so called current king lifestyle 👏
@breeze5393
@breeze5393 6 месяцев назад
those small, seemingly innocuous purchases for things like coffee, bubble tea, bottled water and fast food really do add up 😢
@candidlyvivian
@candidlyvivian 6 месяцев назад
i agree!! bubble tea is so overrated
@spilsbury889
@spilsbury889 2 месяца назад
Iam moving to Sydney alone in January. I have never been to Australia before and i aim to bring around 15,000 Dollars. I aim to live in hostels for a few months and get a job around March time. Do you think i will struggle with this amount and would staying in a hostel for a bit till i find a room mate be cheaper than a studio? Great video 😊
@candidlyvivian
@candidlyvivian 2 месяца назад
hey there! welcome to sydney in advance! that should be alright and be able to cover 2 months of unemployment. hostels, share-houses will definitely be cheaper than a studio (which might cost you at least $400 depending on how far out you go..) hopefully you can get a room in a shared house for ~$250 I recommend this website: flatmates.com.au/ to find roommates :)
@johngodden4363
@johngodden4363 3 месяца назад
Moral of the story sweetie is not to choose to live in Sydney or Melbourne if money is an issue. There are plenty of other cities and towns which are very affordable and where you can still enjoy the Australian lifestyle and earn a good living. Life is about choices.
@candidlyvivian
@candidlyvivian 3 месяца назад
yes definitely a good idea! I would if all my family + friends weren't here :)
@varnaksingh
@varnaksingh 2 месяца назад
Real numbers, been in Sydney for 2 weeks now.
@candidlyvivian
@candidlyvivian 2 месяца назад
Haha nice :) thank u for confirming
@andrew1470
@andrew1470 5 месяцев назад
90k average?! What no way. That is inaccurate information. 55 to 65 is what most get
@candidlyvivian
@candidlyvivian 5 месяцев назад
www.abs.gov.au/statistics/labour/earnings-and-working-conditions according to the ABS it’s the median of all full time employees 😱
@andrew1470
@andrew1470 5 месяцев назад
@@candidlyvivian doesn’t sound right, does it?
@candidlyvivian
@candidlyvivian 5 месяцев назад
​@@andrew1470 i did initially think it was quite high but also given cost of living + inflation since covid, it is reasonable. remember this is also the median salary of ALL full-time workers industries like mining + banking also pay a lot of $$
@JayShuun
@JayShuun 2 месяца назад
@@candidlyvivian how much of the population work in part-time/casual? would this skew the data?
@Zilron38
@Zilron38 Месяц назад
There is only very few people that I know that make 90k or more, and they are all managers for big firms.
@cambodialife3983
@cambodialife3983 4 месяца назад
Costs under US$10,000 a year to live a simple lifestyle in South East Asia if your not a drug adduct or alcholic or have spoilt spending or wasteful habits. Thailand, Philippines, Cambodia, Vietnam. I do it for about US$7000 a year with an asian wife and dont rent as we own. Have 2 motorbikes for transport in the favourable climate, have internet and AC, meat veggies and fruit are real cheap, and so is eating out. Its not for everyone and more suited to people with lay back lifestyles and patience and tolerance to adapt to the culture change.
@candidlyvivian
@candidlyvivian 4 месяца назад
SEA sounds like a dream :')
@robertjeges70
@robertjeges70 23 дня назад
90 k average sounds correct. Keep in mind this figure is calculated by ranging from incomes of 40 k per annum to 1 mil per annum .
@candidlyvivian
@candidlyvivian 16 дней назад
thank you for clarifying!!
@sravankumar8763
@sravankumar8763 3 месяца назад
This looks real calculations, but rent is it 2200? In melbourne youll get 2bhk and can share with frnds
@candidlyvivian
@candidlyvivian 3 месяца назад
hi there! yes unfortunately Sydney rent is really crazy right now - 1 bedrooms go for $500-$700 and 2 bedrooms can be at least $700 and range up to $1k per week depending on location
@hijazzains
@hijazzains 3 месяца назад
​@@candidlyvivianmy friend pays $800 a week for a 2 bedroom 1 hour away by train from his CBD workplace...and he earns that median weekly income with a mkn working wife and baby
@candidlyvivian
@candidlyvivian 3 месяца назад
@@hijazzains that sounds about right 😢cost of living + rental prices are actually so crazy lately
@majinboo6377
@majinboo6377 6 месяцев назад
if ure a lifters or gamers, australia is not ur place. if ure immigrant, u do a job and get paid 15 an hour (mostly) with high cost living (weekly rent is crazy expensive unless u want to live in dirty homestay cramped with others in one room) and no time for entertainment or me time cause ure slaving away from morning to night.
@candidlyvivian
@candidlyvivian 6 месяцев назад
Agree - cost of living is actually so crazy these days + all these interest rate rises… 😱
@dl4871
@dl4871 2 месяца назад
Confirm the figures are true, from 30 years experience living in Sydney.
@candidlyvivian
@candidlyvivian 2 месяца назад
thank you for confirming 🙂
@user-zm4jc5lh5n
@user-zm4jc5lh5n 4 месяца назад
I m coming on tourist visa to find job which place is best plz guide about cheapest place even sharing room
@candidlyvivian
@candidlyvivian 4 месяца назад
flatmates.com.au for share rooms! alternatively domain + realestate are Australia's leading rental websites
@Earthy_soul
@Earthy_soul 2 дня назад
You can't work on a tourist visa
@mrsturnbull4698
@mrsturnbull4698 18 часов назад
dont come on tourist visa they will send you back apply with right visa to get work and stay here.
@Justinonmytube
@Justinonmytube Месяц назад
2 bedder for 650? That is 2 years ago. Anything decent would be 800+ now
@candidlyvivian
@candidlyvivian Месяц назад
yeah anything modern is easily $800+...although there are definitely still older brown stone buildings where you might be able to get $650
@Duckstalker1340
@Duckstalker1340 16 дней назад
To get 90k salary one needs to have a uni degree and worked for at least 2 years of experience.
@candidlyvivian
@candidlyvivian 16 дней назад
yep for this example I just used the average salary, obviously it will vary by age / job / location! :)
@nealtran6844
@nealtran6844 5 месяцев назад
90K a year is not considered average.
@candidlyvivian
@candidlyvivian 5 месяцев назад
it does seem quite high right? I got my info from the ABS: "Median employee earnings was $1,300 per week, up $52 (4.2%) since August 2022"
@hijazzains
@hijazzains 3 месяца назад
​@@candidlyvivian so half of Aussue earns less than $1300 per week.....
@candidlyvivian
@candidlyvivian 3 месяца назад
@@hijazzains yup that's correct
@mooman8981
@mooman8981 Месяц назад
Average is 90k median is 67k - average is misleading due to the skew from people earning 300k+
@rabidsminions2079
@rabidsminions2079 9 дней назад
Thoses figures look about right. I have lived in Sydney all of my life.
@candidlyvivian
@candidlyvivian 9 дней назад
yeah Sydney is getting so expensive :( thank you for watching + confirming!
@--Monique
@--Monique 2 месяца назад
just don't move to Sydney...you probably get the same pay in another city with lower expenses anyways
@candidlyvivian
@candidlyvivian 2 месяца назад
that’s true! i wouldn’t be in Sydney if my family and friends weren’t here
@Starcraftmazter
@Starcraftmazter Месяц назад
$100 for a doctors consult, what?
@candidlyvivian
@candidlyvivian Месяц назад
yep - alot of doctor appointments aren't bulk billed anymore (meaning you have to pay upfront, and then possibly claim back 40% with medicare)
@Starcraftmazter
@Starcraftmazter Месяц назад
​@@candidlyvivian Yeh I'm aware, but I know only of one oddity in the middle of Sydney who charge $100 after the claim-back (which is instant). I don't think such an amount is common at all.
@candidlyvivian
@candidlyvivian Месяц назад
@@Starcraftmazter ahh okay good to know its not the case for everyone! I got my info from here! i'm lucky my doctor is still bulk billed :') Aussies are set to be charged more than $100 for a standard non-bulk billed GP appointment from next month, following a third price increase this year. This change marks the third time that recommended fee has gone up in 2023, after it went up to $90 in March and then $98 in July.
@JohnnyBeitia
@JohnnyBeitia 6 месяцев назад
"PANAMÁ 🇵🇦 RELOCATION TOURS!! WITH JA CKIE!!😊 🙋👍❤️👈"
@MortivationNation
@MortivationNation 4 месяца назад
Australia is just so expensive since after covid, its a joke. Going to be a terrible place to live over the next few years.
@candidlyvivian
@candidlyvivian 4 месяца назад
I completely agree - Sydney in particular is so expensive
@traiii
@traiii 5 месяцев назад
2200 a month is robbery.
@candidlyvivian
@candidlyvivian 5 месяцев назад
i agree it is daylight robbery - better off buying a place + renting that out, the $2200 can cover the mortgage
@S3verance
@S3verance 2 месяца назад
Don't come to Perth leave us alone 😭
@candidlyvivian
@candidlyvivian 2 месяца назад
i heard perth house prices have been going up crazy over the last year too T_T
@S3verance
@S3verance 2 месяца назад
@@candidlyvivian yes it's terrible 😭
@JohnnyBeitia
@JohnnyBeitia 6 месяцев назад
"5 REASONS TO GET PANAMÁ 🇵🇦 RESID ENCY!!😊 🙋👍❤️👈"
@adaptking3170
@adaptking3170 Месяц назад
Having lived here my whole life, I can confidently say Sydney is one of the most overrated cities on the planet. Once your career is all set up and you plan to settle down, thee is no reason to live here.
@tanthaman
@tanthaman 14 часов назад
Don't hate bro
@wip-jz5gn
@wip-jz5gn 2 месяца назад
Just leave - we're all here just contributing the Australian housing ponzi anyway
@candidlyvivian
@candidlyvivian 2 месяца назад
yeah T__T
@cheekmeat
@cheekmeat 3 месяца назад
CBA’s head of Australian economics, Gareth Aird, said on Tuesday that not only were further rate rises now a “near‑term risk”, but any cuts will also come slower than previously expected. Most of the expected cuts will likely be pushed back to 2025, he said. He explained that strong population growth, driven by net overseas immigration, has put pressure on the Consumer Price Index. “Most notably the housing‑related components,” Mr Aird wrote. “As a result, demand is stronger and so inflation is falling less quickly than otherwise.” Meaning immigration is the problem! You lot need to stay tf away
@candidlyvivian
@candidlyvivian 3 месяца назад
was right there with you until the last sentence 😂
@cheekmeat
@cheekmeat 3 месяца назад
@@candidlyvivian literally over 700,000 people came in last year and thats why everything is priced out the wazoo. People running from their governments poor decisions instead of standing up to it like theyre responsible to. Leaving the poor behind in their own homeland and destroying the housing market for my childrens future. Its disgusting and I think more people need to be aware of this perspective
@cheekmeat
@cheekmeat 9 дней назад
@@candidlyvivian yeah of course not, we can see what your kind are doing through gentrification. Don't worry, you're in the scope too
@twigglee
@twigglee 6 месяцев назад
yeah Sydney just keeps getting more and more ridiculous to live in 🥲
@candidlyvivian
@candidlyvivian 6 месяцев назад
i know T_T
@ryhchoi
@ryhchoi 6 месяцев назад
All the inflation is coming from money printing via reckless govt spending
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