Cost of living in Albury
Albury, a vibrant city in Australia, offers a unique blend of urban and rural lifestyles. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.
This guide provides a detailed breakdown of expenses in Albury, including housing, dining, transportation, and more, to help you budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $18.24 on average, with a range between $13.03 and $48.85.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $97.7, with prices ranging from $65.13 to $149.8.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.77, with a range between $9.77 and $12.05.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.56 to $9.44, imported beer $5.86 to $13.03, cappuccino $2.93 to $5.21, and Coke/Pepsi $1.95 to $5.21.
Grocery Prices
- Milk - Milk is priced between $1.04 and $2.61 per liter, averaging $1.7.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.56 and $4.56, with an average price of $2.61.
- Eggs (Dozen) - A dozen eggs range from $3.13 to $6.64, averaging $4.58.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.95 to $4.23 per kg, while oranges range from $1.63 to $5.54 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $5.03 per kg, and lettuce costs $1.24 to $3.26 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $3.58.
- Monthly Pass - A monthly pass for public transport is priced between $56.01 and $78.16, averaging $67.08.
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.6 per liter.
- Taxi Fares - Taxi fares start at $3.26, with a cost of $1.63 to $3.26 per km and $39.08 to $45.59 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $312.63 to $1241.38, averaging $800.23.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $234.47 to $931.36, averaging $627.42.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $384.27 to $2540.08, averaging $1322.14.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $293.09 to $1693.39, averaging $966.1.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $195.39 and $282.67, averaging $237.85.
- Internet - Internet services range from $39.08 to $74.25, with an average cost of $53.19.
Cost of Living Rankings
The cost of living indices for Australia are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Australia, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Albury offers a relatively affordable cost of living compared to larger Australian cities, with moderate housing and dining costs.
Public transportation is reasonably priced, and utilities are within a typical range for Australia.
Grocery prices vary, with some items like milk and bread being quite affordable, while others like beef and cheese can be more expensive.
Conclusion
In conclusion, Albury presents a balanced cost of living, making it an attractive option for those seeking a blend of urban amenities and rural charm.
Potential residents should consider the variability in housing and grocery prices when planning their budget, but overall, Albury remains a cost-effective choice for living in Australia.