Cost of living in Colac
Colac, a charming town in Australia, offers a unique blend of rural tranquility and modern amenities. Understanding the cost of living here is crucial for anyone considering a move or simply planning a visit.
This guide provides a detailed breakdown of expenses in Colac, covering everything from dining and groceries to transportation and housing.
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 $32.52.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $71.54, with prices ranging from $52.03 to $117.06.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.76, with a range between $9.1 and $11.38.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.55 to $10.41, imported beer $5.2 to $11.71, cappuccino $2.6 to $4.23, and Coke/Pepsi $1.95 to $3.25.
Grocery Prices
- Milk - Milk is priced between $0.98 and $2.28 per liter, averaging $1.41.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.63 and $5.2, with an average price of $2.49.
- Eggs (Dozen) - A dozen eggs range from $2.6 to $6.24, averaging $4.26.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.63 to $3.9 per kg, while oranges range from $1.3 to $5.2 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.25 per kg, and lettuce costs $1.3 to $2.93 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.44 per liter.
- Taxi Fares - Taxi fares start at $3.58, with a cost of $1.22 to $1.95 per km and $25.68 to $42.27 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $26,014.01 and $28,890.51, while a Toyota Corolla ranges from $21,308.73 to $25,363.66.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool ranges from $890.33 to $2,081.12 monthly, averaging $1,728.61.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $15,608.41 to $27,965.06, averaging $20,612.66.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.55 and $221.12, averaging $145.08.
- Internet - Internet services range from $45.52 to $61.78, with an average cost of $51.76.
- Mobile Phone Plan - A mobile phone plan with calls and 10GB+ data costs between $12.36 and $42.27, averaging $23.28.
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"
Colac offers a relatively affordable cost of living compared to larger Australian cities, with moderate prices in dining and groceries.
Transportation costs are reasonable, especially for those who drive, given the competitive fuel prices.
Housing and utility costs are manageable, making Colac an attractive option for families and individuals seeking a balanced lifestyle.
Conclusion
In conclusion, Colac presents a balanced cost of living with affordable dining, grocery, and transportation options.
The town's housing and utility expenses are reasonable, making it a viable choice for those looking to enjoy a peaceful lifestyle without the high costs associated with urban living.