Calculating Your Expenditures

By -
cost of living in Australia

For those planning an Australian migration, knowing all the information about the country is definitely a must. After all, you don't want to go there without knowing a single thing. And one thing that you will want to know is the amount of money that you will likely spend while living there.


The actual cost of living will vary depending on the length of your stay in the country. Those holding an Australian permanent visa is likely to spend more than those who will be staying in the country for only a short period. However, it would be helpful for both to have a general idea of how much they need to spend even before they leave their home countries.


The most important thing that you will likely spend on are housing accommodations. Since this will likely be your first visit, it would be a good idea to rent a place (unless you have already arranged to buy a house). Rental rates will set you anywhere from around AU$150 a week for bedspace in a boarding house, to AU$650 for a three bedroom house (good for a family of four). One thing to note about the rental fees is that the rental rates are actually lower in the suburbs and outlying towns. And if you are a student, you can also significantly cut down on accommodations by getting a place inside the school you are in. Also note that the above amounts don't cover basic utilities (such as water and electricity), which might either be included or paid for separately.


Getting from place to place will also be a significant money consideration. For those who opt to use the public transportation system, you will need to allot at least AU$35 a week for fares. If you plan on renting a car, it will typically set you around $30 a day, depending on the distance you are going. One tip for this one is to commute for short distances and only rent a car if you plan on traveling on long distances with plenty to carry. Workers and students can also cut down on transportation costs by availing of shuttle services offered by their respective companies and schools.


One thing that many foreigners often tend to forget to spend on is insurance. As the name implies, this is important in case something untoward happens. Depending on the number of insurance policies that you plan on getting, you will have to set aside at least $75 a month for this one. The most important insurances that you need to have are life, health and property insurance.


You will also need to allot money on other items, such as food and clothing. However, the exact amount you will spend on these are more variable and will depend largely on your lifestyle. However, you can still determine their amounts by observing your day to day expenditures.


Sources:

Just Landed

http://www.justlanded.ru/english/Australia/Australia-Guide/Money/Cost-of-Living

Aussie Move

http://www.aussiemove.com/aus/costlive.asp


Comments

Post a Comment

Popular posts from this blog

South Australia Attracting A Lot Of Immigrants

By -
Image
If you are thinking of immigration, Australia is probably one of the countries that would top your list. And you are definitely not alone on this one, as a lot of people are actually moving into Australia yearly. And many of them have since said that they have indeed made the right decision. And one of the most popular choices for people to settle in the land down under is South Australia. Indeed, the southern state has been getting a lot of immigrants in the past few year. In the last year alone, around 11,377 people moved into South Australia. The figure is significantly large than the one registered in 2009, which had around 9,695 arrivals. Experts say that the numbers are likely to grow further this year, as more people are attracted to move into South Australia. Of these numbers, people coming from the western countries, such the United States, Britain, and New Zealand still comprise a major bulk. However, people coming from China, India, and other Asian countries are also...
Read more

Australia Faces Tough Environmental Issues

By -
Image
If you are thinking of immigration, Australia will most likely be one of the top places that you would want to move in. As it is, Australia is often imagined by a lot of people to be a picturesque country, with lush landscapes and great rivers. However, this one is actually far from being perfect. The truth is, Australia, just like any other developed nation, is also suffering from serious environmental problems. And this one has greatly alarmed many authorities, such that they have started to move and deal with these problems. The issues have also reached a higher level, as these have now become a forefront in policymakers' decisions. One of the biggest of these issues is climate change. In fact, this one has become a highly contended issue in the recent campaigns for the 2010 Federal Elections in the country. However, not a few environmental groups are concerned that the attention being given by politicians to the issue might not be enough. According to them, the i...
Read more

Places to Avoid in Australia and Why

By -
Your travel visa to Australia can't exactly tell you what places you should visit nor the places you should avoid. Knowing these, we are here to give you advice and precautions to make your Australian getaway more enjoyable. Australian places are really desirable and exciting, yet, just like in other countries, there are places that you should avoid. It can be because of danger, disappointments, expensiveness or anything. This message goes to everyone, a student, worker, traveler or businessman. Whether you are an immigrant or an original Australian citizen, you should heed to this warning. Because either of the two, there are still a lot of Australia that you need to learn. It is not really the place but the factors relating to it. You are asked to avoid these places because of the danger, bad weather, or maybe because you might sneak in to a restricted area. Just remember that there are limitations to ensure your safety. When you visit Australia, please be advised that you are n...
Read more