Cost of living in Pakenham
Pakenham, a suburb of Melbourne, Australia, offers a unique blend of suburban charm and urban convenience. Understanding the cost of living here is crucial for both current residents and those considering a move.
This guide provides a detailed breakdown of expenses in Pakenham, 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 $16.26 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 $117.07.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.76, with a range between $9.11 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 $1.04.
- 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 $4.26.
- 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 $3.9 per kg, and lettuce costs $1.3 to $3.25 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 $42.28 per hour of waiting.
- Car Purchase - A new Volkswagen Golf costs between $26,015.99 and $28,892.71, while a Toyota Corolla ranges from $21,310.35 to $25,365.59.
Housing Costs
- 3-Bedroom Apartment Rent (Outside Centre) - Rent for a 3-bedroom apartment outside the centre averages $1918.68.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $97.56 and $221.14, averaging $145.09.
- Internet - Internet services range from $45.53 to $61.79, with an average cost of $51.77.
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
Rent Per Month
Rent Per Month
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"
Pakenham offers a relatively affordable cost of living compared to larger Australian cities, with moderate prices in dining and groceries.
Housing costs are reasonable, especially for those renting outside the city centre.
Transportation costs are manageable, with competitive fuel prices and taxi fares.
Conclusion
Overall, Pakenham provides a balanced cost of living, making it an attractive option for families and individuals seeking suburban life with access to urban amenities.
Prospective residents should consider the moderate housing and transportation costs, which contribute to the area's appeal.