Cost of living in Brookvale
Brookvale, located in Australia, offers a unique blend of suburban charm and urban convenience. Understanding the cost of living in Brookvale is crucial for both current residents and those considering a move to this vibrant area.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.26 on average, with a range between $11.06 and $48.78.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $78.05, with prices ranging from $52.03 to $149.59.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.76, with a range between $9.11 and $11.71.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.55 to $9.76, imported beer $5.2 to $11.71, cappuccino $2.6 to $5, and Coke/Pepsi $1.95 to $3.25.
Grocery Prices
- Milk - Milk is priced between $1.01 and $2.37 per liter, averaging $1.69.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.56 and $3.9, with an average price of $2.6.
- Eggs (Dozen) - A dozen eggs range from $3.12 to $6.24, averaging $4.38.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.95 to $4.23 per kg, while oranges range from $1.52 to $5.53 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.25 per kg, and lettuce costs $1.24 to $2.93 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.5 per liter.
- Taxi Fares - Taxi fares start at $3.9, with a cost of $1.43 to $7.8 per km and $39.02 to $65.04 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $26,015.99 and $29,267.99, while a Toyota Corolla ranges from $19,511.99 to $27,967.19.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $511.86 to $1300.8, averaging $906.33.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $975.6.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $3252.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $2926.8.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1951.2.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $1300.8.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.56 and $282.27, averaging $192.01.
- Internet - Internet services range from $42.28 to $74.15, with an average cost of $64.1.
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.
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"Key Takeaways"
Brookvale offers a relatively affordable cost of living compared to larger Australian cities, with moderate housing and dining costs.
Transportation costs are reasonable, especially for those who rely on public transport or own fuel-efficient vehicles.
Grocery prices are competitive, though some imported goods may be more expensive.
Residents can manage their monthly expenses effectively with careful budgeting, particularly in housing and utilities.
Conclusion
In conclusion, Brookvale presents a balanced cost of living, making it an attractive option for individuals and families seeking a suburban lifestyle with urban amenities.
While some costs, such as dining and utilities, may vary, the overall expenses are manageable, especially with strategic financial planning.
Potential residents should consider their lifestyle preferences and budget constraints when evaluating Brookvale as a place to live.