Cost of living in Mount Victoria
Mount Victoria, a charming town in Australia, offers a unique lifestyle with its picturesque landscapes and serene environment.
Understanding the cost of living in Mount Victoria is crucial for anyone considering moving to or visiting this beautiful location.
This guide provides a detailed breakdown of expenses, including housing, transportation, groceries, 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 $18.17 on average, with a range between $12.98 and $48.67.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $97.34, with prices ranging from $64.9 to $149.26.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.73, with a range between $9.73 and $10.38.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.54 to $9.41, imported beer $5.84 to $11.68, cappuccino $2.92 to $4.54, and Coke/Pepsi $1.95 to $3.24.
Grocery Prices
- Milk - Milk is priced between $1.04 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 $4.54, with an average price of $2.6.
- Eggs (Dozen) - A dozen eggs range from $3.12 to $6.62, averaging $4.56.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.27 to $4.22 per kg, while oranges range from $1.62 to $5.52 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.24 per kg, and lettuce costs $1.23 to $3.24 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.59 per liter.
- Taxi Fares - Taxi fares start at $3.89, with a cost of $1.62 to $3.24 per km and $38.94 to $45.43 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $25,958.38 and $28,828.73, while a Toyota Corolla ranges from $21,415.67 to $27,905.26.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - Monthly preschool costs range from $1,622.4 to $2,011.77, averaging $1,818.94.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $11,681.27 to $16,808.05, averaging $14,281.75.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $194.69 and $281.65, averaging $237.
- Internet - Internet services range from $51.92 to $73.98, with an average cost of $63.96.
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
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Mount Victoria offers a moderate cost of living with reasonable prices for dining and groceries.
Transportation costs are relatively low, especially for fuel, but car purchases can be a significant expense.
Utilities and internet services are moderately priced, making it manageable for most residents.
Conclusion
In conclusion, Mount Victoria provides a balanced cost of living with affordable dining and grocery options.
While housing and education can be costly, the overall expenses are manageable for those earning an average salary.
Potential residents should consider transportation and utility costs when planning their budget.