Cost of living in North Lakes
North Lakes, a suburb in Queensland, Australia, offers a unique blend of suburban comfort and urban convenience. Understanding the cost of living here is crucial for potential residents and those planning to relocate.
This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to transportation and housing, helping you make informed financial decisions.
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 $2.6 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
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is not specified in the data provided.
- 1-Bedroom Apartment Rent (Outside Centre) - Rent for a 1-bedroom apartment outside the city centre is not specified in the data provided.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is not specified in the data provided.
- 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the city centre is not specified in the data provided.
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.
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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Salaries And Financing
Salaries And Financing
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Childcare
"Key Takeaways"
North Lakes offers a relatively affordable dining scene, with inexpensive meals and moderate prices for mid-range dining.
Grocery prices are reasonable, with staple items like milk, bread, and eggs being affordable.
Transportation costs are moderate, with gasoline prices being competitive and taxi fares reasonable.
Housing costs are not detailed in the data, suggesting a need for further research for potential residents.
Utilities and internet services are moderately priced, contributing to a balanced cost of living.
Conclusion
The cost of living in North Lakes, Australia, is characterized by affordable dining and grocery options, making it a suitable choice for individuals and families seeking a balanced lifestyle.
While housing costs are not specified, the available data suggests that other living expenses are manageable, offering a comfortable living environment.
Prospective residents should consider conducting additional research on housing to gain a comprehensive understanding of living costs in North Lakes.