Cost of living in Forest Lake
Forest Lake, a suburb in Australia, offers a unique blend of suburban tranquility and urban convenience. Understanding the cost of living here is crucial for anyone considering a move or planning to budget effectively.
This guide provides a detailed breakdown of expenses in Forest Lake, 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 $14.31 on average, with a range between $9.76 and $29.27.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $76.42, with prices ranging from $52.03 to $130.07.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.76, with a range between $9.1 and $11.06.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.55 to $9.76, imported beer $5.2 to $9.76, cappuccino $1.3 to $4.72, and Coke/Pepsi $1.95 to $3.25.
Grocery Prices
- Milk - Milk is priced between $1.04 and $2.93 per liter, averaging $1.6.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.56 and $4.23, with an average price of $2.29.
- Eggs (Dozen) - A dozen eggs range from $2.6 to $5.46, averaging $4.23.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.95 to $3.9 per kg, while oranges range from $1.5 to $6.44 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.25 per kg, and lettuce costs $1.3 to $2.6 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.46 per liter.
- Taxi Fares - Taxi fares start at $2.02, with a cost of $1.49 to $1.95 per km and $32 to $39.02 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,363.66 and $28,890.51, while a Toyota Corolla ranges from $19,510.51 to $26,014.01.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for private preschool ranges from $1,040.56 to $2,926.58 monthly, averaging $1,684.59.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $3,785.04 to $12,291.62, averaging $7,114.83.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.55 and $276.4, averaging $164.45.
- Internet - Internet services range from $39.02 to $71.54, with an average cost of $53.46.
- Mobile Phone Plan - Mobile phone plans with calls and 10GB+ data range from $13 to $61.78, averaging $26.69.
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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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
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Childcare
Childcare
"Key Takeaways"
Forest Lake offers a moderate cost of living with affordable dining options and competitive grocery prices.
Transportation costs are reasonable, especially for fuel, but car purchases can be a significant expense.
Utilities and internet services are moderately priced, making it easier to manage monthly expenses.
Conclusion
Overall, Forest Lake provides a balanced cost of living that caters to various lifestyles and budgets.
Whether you're dining out, shopping for groceries, or managing household expenses, Forest Lake offers a range of options to suit your needs.