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Cost of Living in Gold Coast, Australia

You have decided to move to Australia, but there is a dilemma which city to choose for your future living.

Among those most popular ones, which one is the most affordable when it comes to everyday expenses.

Will you have enough money to cover all the services including rent, fuel, groceries, transport, utilities if you choose to move to Gold Coast?

According to the latest reports, Gold Coast has become the sixth largest in Australia, and since it can boast with a huge amount of tourists, then it is definitely among expensive destinations.

Restaurants

RESTAURANTS

People who like eating out will eat well in Gold Coast.

It is full of restaurants that offer various types of cuisine and there are places that are affordable for every budget.

By spending $12, you can get a decent meal in an inexpensive restaurant, but the prices can be much higher in those more luxurious ones.

Markets

MARKETS

When it comes to food, Gold Coast is one of the cheapest capital cities in the country.

The monthly wages are below the national average, but not too much lower, so food bought at the local markets and stores is quite affordable here.

People who want to save some money choose to cook their own meals, rather than visit expensive restaurants.

Transportation

TRANSPORTATION

Due to the large number of tourists, Gold Coast needs to have a great public transport system.

You can either choose to use your car for commuting, or the busses that run throughout the city.

A single ticket for one zone costs $2.20 while you can buy a weekly or monthly passes which is more affordable.

Utilities

UTILITIES (MONTHLY)

Talking on the mobile phone would not cost you much, unlike the unlimited Internet access.

To pay monthly utilities, including water, heating, the Internet and power, you will need to have approximately $200.

This means that the living expenses in Australia are not the highest in Gold Coast.

Sports and leisure

SPORTS & LEISURE

Gold Coast is full of attractions and entertainment, and once being there you will probably want to experience them.

It should be noted that cinema tickets are cheaper than in other Australian cities, and fitness club pass can be found at the almost same price as everywhere in Australia.

Clothing and shoes

CLOTHING & SHOES

In comparison to other Australian major cities, it can be said that clothing items are the least expensive in Gold Coast.

Still, the prices are much higher than in many places in the world, and that is the reason why not so much money of the budget is spent on it.

Rent per month

RENT PER MONTH

Once you get to Gold Coast, you will need a place to live there, and the amount of money necessary for a private apartment is around $1,200 per month, depending on the location and size of it.

There are flats available for less, but they are out of the city center.

Cost of Living Averages Table for Gold Coast

Average Restaurant Prices
Meal (Inexpensive Restaurant) $ 12.23
Domestic Beer (0.5 Liter) $ 5.03
Water (0.33 Liter) $ 1.77
Average Market Prices
Milk (1 Liter) $ 3.89
Loaf Bread (500g) $ 1.65
Eggs (12) $ 3.05
Average Transport Prices
One Way Ticket $ 2.34
Monthly Pass $ 50.34
Gasoline $ 3.82
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $ 124.33
1 min. of Prepaid Mobile Tariff Local $ 0.08
Internet (Unlimited Data, Cable/ADSL) $ 52.96
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $ 49.62
Tennis Court Rent (1 Hour) $ 12.59
Cinema, 1 Seat, International Release $ 10.79
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $ 69.22
1 Summer Dress in a Chain Store (Zara, etc...) $ 37.16
1 Pair of Adidas Walking Shoes (Mid-Range) $ 94.09
Average Rent Prices
Apartment (1 bedroom) in City Center $ 1236.69
Apartment (1 bedroom) Outside of Center $ 914.01
Apartment (3 bedrooms) in City Center $ 1801.01

How Does the Average Person Spend Their Money in Gold Coast?

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Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Gold Coast: Average Salary, Minimum Wage & Mortgages

For many people, Gold Coast is the best and the only place they would like to live in Australia.

According to the statistics, minimum wage is very similar to average monthly net salary and that makes life easier and people are able to cover the expenses.

The average salary is not as high as in Sydney or Melbourne, but it is still much higher than in many countries in the world.

Even, the mortgage interest rate is lower than in some European countries which have quite lower living standards.

Average Salary$ 2827.44
Minimum Wage$ 2389.9
Mortgage Interest Rate4.53%

Cost of Living by City in Australia

*Click the name of the city for more information.

City Cost of Living Index
Adelaide 72.92
Brisbane 70.46
Canberra 69.88
Darwin 72.47
Gold Coast 64.53
Hobart 69.1
Melbourne 74.53
Newcastle 71.42
Perth 75.09
Sydney 79.93

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