Migrating to Australia can be long and challenging without the proper guidance. Even with excellent guidance from professionals like IMM consults, most people realize that there are certain aspects that they must figure out themselves–such as choosing the right city to live in and understanding the cost of living in Australian cities. Knowing how to save costs can be a game changer during this transition.
Why is it important to save on costs?
In short, it makes the entire experience of migrating less stressful and more enjoyable. By saving money before and during your move, you’ll be able to feel more stable financially, meaning you don’t have to worry about sudden or unexpected expenses. You’ll also be able to join social activities and community events once you have moved, which in turn will make it easier to settle into your new hometown.
How does selecting a city with a low cost of living help to save on costs?
The cost of living is the amount of money needed to cover basic expenses, like housing, food, transportation, healthcare, utilities and other necessities in a specific location.In Australia, this is measure by the Consumer Price Index (CPI – the average change over time in the prices of a fixed basket of goods and services that households typically purchase) and the Living Cost Index (LCIs – measures the changes in the cost of maintaining a certain standard of living for different household types).
Here are a few key ways in which living in a city with lower costs can benefit you:
- Affordable housing – Lower rental or property prices means you won’t be spending a significant amount of your budget on housing.
- Reduced daily expenses – Groceries, transportation, and utilities are often more affordable in such cities, helping you save a significant amount each month.
- Healthcare savings – Cities with lower living costs often offer more affordable healthcare services and insurance premiums, which is especially important if you’re migrating with children or retiring.
- Leisure and activities – Dining out, entertainment and recreational activities are generally more affordable in cities that have a lower cost of living.
- Lower taxes – Some cities with a lower cost of living may also have lower taxes, further contributing to your savings.
The top 5 cities in Australia that have lower cost of living
- Hobart, Tasmania
The capital city of Tasmania, Hobart, is known for its natural beauty, rich history and vibrant cultural scene. It is located between the River Derwent and the majestic Mount Wellington giving it a unique blend of urban facilities and natural environment.
The quality of life in this city, the economic opportunities as well as the excellent healthcare facilities and competitive education institutions make this city quite popular among migrants. Hobart has an inclusive community as well as various support services for migrants like language classes and employment assistance.
The average cost of living per person = AUD 2,377.6.
(NOTE: Most basic healthcare services are covered by Australia’s public healthcare system (Medicare).
- Adelaide. South Australia
Known as the “City of Churches” for its many historic landmarks, Adelaide offers a relaxed lifestyle with beautiful parks, beaches, and hills. Along with a high quality of life, the city boasts a clean environment, low crime rate and excellent healthcare and education system. This, coupled with the cultural diversity the city offers, makes this city a popular choice among migrants to call home.
The average cost of living per person = AUD 2,314.8.
- Brisbane, Queensland
Situated along the Brisbane River, this capital city of Queensland is known for its vibrant urban surroundings, outdoor lifestyle and friendly locals. The city enjoys a subtropical climate, making it a great place for anyone who likes hot summers and mild winters.
Brisbane is a hub for startups and innovations, and it also has a diverse economy with opportunities in many fields. There are several prestigious universities and research institutes in the city, and Brisbane also boasts of several cultural centers.
The average cost of living per person = AUD 2,236.4.
- Perth, Western Australia
This city, known for its sunny weather and gorgeous beaches, is the capital city of Western Australia and offers a cosmopolitan lifestyle with a relaxed, friendly atmosphere.
Perth consistently ranks high for its quality of life, with clean air, low crime rates and a strong sense of community. The city has a robust economy with opportunities in many sectors. Along with being a hub for the oil and gas industry, Perth is also the home to several top universities and educational institutes.
The average cost of living per person = AUD 2,310.3.
- Canberra, Australian Capital Territory
As the political and administrative center of the country, Canberra is a unique blend of urban sophistication and natural beauty. Like Perth, Canberra consistently ranks high for its quality of life. As the seat of the Australian government, Canberra has a strong economy, and has many opportunities in many sectors, especially in administration.
It is the home to many prestigious institutes and universities, and so attracts students from around the world. The city is also surrounded by beautiful parks, lakes, and nature reserves, making it the perfect city for those who like the outdoors.
The average cost of living per person = AUD 2,432.6
Other factors to consider when selecting a city
While the cost of living is a significant factor, there are other aspects to think about when selecting a city to migrate to:
- Employment opportunities – Choose a city with a strong job market in your field for better career prospects.
- Quality of education – Whether for your own studies or your children’s, cities with excellent schools and universities are ideal.
- Healthcare facilities – Access to quality healthcare is crucial, particularly for families with young children, retirees, or individuals with health concerns.
- Climate – Consider the weather conditions that suit your lifestyle and preferences, especially if outdoor activities are part of your daily routine.
- Safety and security – A safer city equals peace of mind and a better overall experience.
- Lifestyle and culture – Pick a city that aligns with your preferences, whether it’s a fast-paced urban setting or a laid-back environment.
- Public transport – Good public transport options can make your daily commute easier and more affordable, especially if you’re not planning to drive.
Even with all the information, it can still feel overwhelming to choose the right city for your home. Our dedicated professionals at IMM Consults are here to help. From guiding you in selecting the ideal city to providing expert advice on every aspect of your migration journey, we’ll ensure that your move to Australia is smooth, stress-free, and perfectly tailored to your needs. Let us handle the complexities so you can focus on starting your new life with confidence.
