Cost of living in Ormond
Ormond, a suburb in Melbourne, Australia, offers a unique blend of suburban tranquility and urban convenience. Understanding the cost of living in Ormond is crucial for anyone considering moving to or residing in this area.
This guide provides a detailed breakdown of various expenses, including dining, groceries, transportation, housing, and utilities, 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 $16.26 on average, with a range between $11.06 and $32.52.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $71.54, with prices ranging from $52.03 to $117.06.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.76, with a range between $9.1 and $11.38.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4.55 to $10.41, imported beer $5.2 to $11.71, cappuccino $2.6 to $4.23, and Coke/Pepsi $1.95 to $3.25.
Grocery Prices
- Milk - Milk is priced between $0.98 and $2.28 per liter, averaging $1.41.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.63 and $5.2, with an average price of $2.49.
- Eggs (Dozen) - A dozen eggs range from $2.6 to $6.24, averaging $3.75.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.63 to $3.9 per kg, while oranges range from $1.3 to $5.2 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.3 and $3.25 per kg, and lettuce costs $1.3 to $2.93 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.11 and $1.44 per liter.
- Taxi Fares - Taxi fares start at $3.15, with a cost of $1.22 to $1.95 per km and $25.68 to $42.27 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $26,014.01 and $28,890.51, while a Toyota Corolla ranges from $21,308.73 to $25,363.66.
Housing Costs
- Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child - The cost for preschool ranges from $890.33 to $2,081.12, averaging $1,728.61.
- International Primary School, Yearly for 1 Child - Yearly fees for international primary school range from $15,608.41 to $27,965.06, averaging $20,612.66.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.55 and $221.12, averaging $145.08.
- Internet - Internet services range from $45.52 to $61.78, with an average cost of $48.78.
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"
Ormond offers a moderate cost of living with reasonable prices for dining and groceries. Housing and education costs can be significant, especially for private schooling.
Transportation costs are manageable, with affordable fuel prices and taxi fares. Utilities and internet services are reasonably priced, contributing to a balanced monthly budget.
Conclusion
In conclusion, Ormond provides a balanced cost of living, making it an attractive option for families and individuals seeking a suburban lifestyle with urban amenities.
While housing and education may require a larger portion of the budget, the overall expenses in dining, transportation, and utilities are manageable, offering a comfortable living experience.