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The latest Australian city living costs & rent comparison! Canberra has the least burden on life, Darwin can't afford it.

 
[Economic News]     19 Jan 2018
Numbeo recently released the world`s "most expensive" city ranking, not the "noblest", but "the most expensive." Grand Sydney`s ranking rose again this year from 41 to 32, making it Australia`s most expensive city to live in. Melbourne this year and last year`s difference is even greater, up 13 places ranked 64th.

Numbeo recently released the world`s "most expensive" city ranking, not the "noblest", but "the most expensive." Grand Sydney`s ranking rose again this year from 41 to 32, making it Australia`s most expensive city to live in. Melbourne this year and last year`s difference is even greater, up 13 places ranked 64th.

Australia`s other big cities are not "cheap," with Adelaide ranked 58th, Keynesian 69th, Hobart 82nd and Canberra 103rd.


In terms of rent, Sydney ranked 16th, Darwin 58th, Canberra 65th, Melbourne 68th, Newcastle 73, Brisbane 75th, Passe 90th, Gold Coast 106th and Adelaide 122.


Sydney 52nd, Keynes 55th, Darwin 70th, Melbourne 72nd, Adelaide 73rd, Hobart 79th, Passe 80th, Canberra 118, Newcastle 121, Brisbane 128th, Sydney 52nd, Keynesian 55th, Darwin 70th, Melbourne 72nd, Adelaide 73rd, Hobart 79th, Passe 80th, Canberra 118th, Newcastle 121, Brisbane 128, Gold Coast 134th.


In terms of catering expenditure, Darwin ranked 42nd, Paz 48th, Hobart 57th, Newcastle 80th, Adelaide 99th, Brisbane 100th, Canberra 118, Melbourne 135th, Sydney 137th, Keynes 157th. Gold Coast No. 182.


The above three aspects are that the lower the ranking, the better, the lower the purchasing power of the cities, the better the ranking of the purchasing power of the following cities will be.


In terms of purchasing power (wage versus living expenses), Canberra ranked 41, Newcastle 56, Brisbane 80, Passe 81, Melbourne 103, Gold Coast 112, Sydney 141, Darwin 149, Keynes 150, Adelaide 171, Hobart 250.


The cost of living (excluding rent) in Australia is 15.79 percent higher than in the United States and 9.24 percent higher than in the United States, according to data from all cities.

Kristy Muir, a professional at the University of New South Wales Business School, said Australia`s decades-long GDP growth and low inflation rates across Australia did not show up in the daily expenses of ordinary people. Renting an apartment in central New York costs an average of A $3881 a month, compared with A $2876 in London and A $2618 in Sydney.

Professor Kristy Muir says all costs of living in Australia, including rent, are rising, and the only thing that doesn`t increase is wages, which Australians spend most of their wages on accommodation, making life even more difficult for social welfare recipients.


The ranking is based on New York`s cost of living, and the city with the highest cost of living (excluding rent) this year is still Bermuda`s Hamilton, almost 145% of New York`s. The top 10 cities are not much different from last year`s, they are:

Hamilton, Bermuda

Zurich, Switzerland

Geneva, Switzerland

Basel, Switzerland

Berne, Switzerland

Lobsang, Switzerland (the whole country is expensive to catch up.)

Reykjavik, Iceland

Stavanger, Norway

Lugano, Switzerland

Oslo, Norway

New York 14th, Tokyo 21st, Paris 23rd


"everything goes up, but wages don`t rise," he said, poking at the center.

The latest Australian city living costs & rent comparison! Canberra has the least burden on life, Darwin can't afford it.


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