Cost of living in Frankston
Frankston, located in Australia, offers a unique blend of coastal living and urban convenience. Understanding the cost of living in Frankston is crucial for both current residents and those considering a move to this vibrant city.
This guide provides a detailed breakdown of expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11.68 on average, with a range between $11.03 and $32.45.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $71.39, with prices ranging from $51.92 to $116.81.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.73, with a range between $9.09 and $11.36.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.54 to $10.38, imported beer $5.19 to $11.68, cappuccino $2.6 to $4.22, and Coke/Pepsi $1.95 to $3.24.
Grocery Prices
- Milk - Milk is priced between $0.97 and $2.27 per liter, averaging $1.23.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.56 and $5.19, with an average price of $1.56.
- Eggs (Dozen) - A dozen eggs range from $2.6 to $6.23, averaging $3.12.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.62 to $3.89 per kg, while oranges range from $1.3 to $5.19 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.24 per kg, and lettuce costs $1.3 to $2.92 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $1.95.
- Fuel (Gasoline) - Gasoline is priced between $1.1 and $1.44 per liter.
- Taxi Fares - Taxi fares start at $3.57, with a cost of $1.22 to $1.95 per km and $25.62 to $42.18 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $1103.23.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $908.54.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1687.29.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1362.82.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.34 and $220.65, averaging $144.77.
- Internet - Internet services range from $45.43 to $61.65, with an average cost of $51.65.
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"
Frankston offers a relatively affordable cost of living compared to larger Australian cities, with moderate prices in dining and groceries.
Housing costs are reasonable, especially outside the city centre, making it an attractive option for families and individuals.
Transportation and utilities are also competitively priced, contributing to an overall balanced cost of living.
Conclusion
In conclusion, Frankston provides a balanced cost of living with affordable housing and reasonable prices for dining and transportation.
This makes it an appealing choice for those seeking a coastal lifestyle without the high costs associated with major urban centers.