Income and EarningsThe average full-time salary in Australia is around AUD 80,000 to $100,000 per year. The minimum wage is one of the highest in the world. The value of that money has gone down a bit. If you work in mining, healthcare or technology you tend to earn more. Its easier to cope with inflation.The Rental CrisisHousing costs are the expense for most Australians. In 2026 the average rent is around AUD $680 per week. In cities like Sydney you’ll pay $815 per week while in Brisbane and Perth its between $650 and $730. Many people spend over 40% of their income on rent.Groceries and DiningFood prices have gone up, and they are not increasing as fast as earlier. You can expect to spend between AUD $400 and $600 per month on groceries. Eating out is expensive with breakfast and coffee costing around $30 and dinner for two over $120. A two-liter bottle of milk costs around $4.50.
Transportation and TravelPublic transport is costly, with monthly passes in cities like Melbourne or Sydney costing between AUD $130 and $160. If you drive, fuel prices vary from one place to another. Are around $2.10 per liter. Car ownership is expensive. Many people find it necessary.Total Monthly EstimatesFor a person the total monthly cost of living is around AUD $3,500 to $5,000. For families it’s higher, often $7,000 to $9,500 per month. To succeed in Australia, you need to live in a city where your income matches the rent.
