Cost of living in Gold Coast
Gold Coast, a vibrant city in Australia, is known for its stunning beaches and lively atmosphere. 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 Gold Coast, covering essential categories such as dining, groceries, transportation, housing, and utilities.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $16.28 on average, with a range between $11.07 and $29.31.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $89.55, with prices ranging from $52.1 to $130.26.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.77, with a range between $9.12 and $10.42.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.56 to $9.12, imported beer $5.21 to $8.47, cappuccino $1.3 to $4.72, and Coke/Pepsi $1.95 to $2.93.
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 $3.66, with an average price of $2.61.
- Eggs (Dozen) - A dozen eggs range from $3.26 to $5.21, averaging $4.53.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.6 to $3.91 per kg, while oranges range from $1.63 to $6.45 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.69 and $2.61 per kg, and lettuce costs $1.3 to $2.61 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.31 and $6.51, with a monthly pass priced between $52.1 and $58.62.
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.4 per liter.
- Taxi Fares - Taxi fares start at $2.02, with a cost of $1.49 per km and $33.61 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1302.6 to $2605.21, averaging $1652.68.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1302.6 to $1628.26, averaging $1380.76.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1953.91 to $3204.41, averaging $2312.12.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1953.91 to $2084.17, averaging $2028.34.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $6187.37 to $13677.35, averaging $8792.58.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $3617.99 to $13677.35, averaging $4079.6.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $117.23 and $276.8, averaging $164.69.
- Internet - Internet services range from $39.08 to $71.64, with an average cost of $61.33.
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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Transportation
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Rent Per Month
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Sports And Leisure
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Gold Coast offers a diverse range of living costs, with dining and transportation being relatively affordable compared to other major cities.
Housing costs can be significant, especially in the city centre, but options outside the centre are more budget-friendly.
Grocery prices are moderate, with some variation in costs for fresh produce and dairy products.
Utilities and internet services are reasonably priced, contributing to a balanced cost of living.
Conclusion
In conclusion, Gold Coast presents a balanced cost of living with affordable dining and transportation options.
While housing in the city centre can be pricey, there are more economical choices available outside the central areas.
Overall, Gold Coast is an attractive option for those seeking a vibrant lifestyle with manageable living expenses.