Cost of Living Australia 2024 & Monthly Expenses to Expect | How Expensive is Sydney?!

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  • Опубліковано 28 вер 2024

КОМЕНТАРІ • 138

  • @erictang4798
    @erictang4798 8 місяців тому +30

    I know Sydney is expensive. Below is my way of saving $$
    1. I own my house and no rent is needed and no strata.
    2. I have full solar panels on my roof and I run most device like washing machine, dishwasher, vaccum cleaner during the day when power is free.
    3. I cut my hair.
    4. I never take public transport as I drive to work and consume cheap Costco fuel.
    5. I hardly eat out as I cook 99% at home, basically having dinner party with friend at home. Buying coffee & bubble tea does not apply to me.
    6. I never go to cinema as I have 75 inches big TV with netflix subscription with surround sound speakers to watch movies.
    7. I DIY most things at home.
    8. I use gift card with 5% discount to shop in Wooly supermarket.
    9. I enjoy free exercise and hobby like bike ride, fly my drone & picnic.
    This measure is not hard, just abit of change of life style for me.

    • @candidlyvivian
      @candidlyvivian  8 місяців тому

      I love this Eric!! I agree with pretty much all of your points and they are all things I have been practising across 2023:
      - less eating out because home cooked food is yummier and cheaper and larger portions...
      - no takeaway coffees bc coffee machine at home is great (thankfully i've never liked bubble tea so that wasn't too difficult)
      - cashback on everything and only buying on sale
      - not getting hair / other beauty stuff done outside
      - no cinemas either (i've always found cinema seats gross too, so I just wait until it's cheap to rent / hit streaming services and watch it at home instead)

    • @erictang4798
      @erictang4798 8 місяців тому

      @@candidlyvivian I have also stopped buying thing from real stores like Bunnings, big W but ordered them online Temu with maybe 1/4 of the price. My GP is 100% bulk bill and I have health insurance to cover my dental and spectacle bills.

    • @candidlyvivian
      @candidlyvivian  8 місяців тому

      omg hahah Temu is the best! and if you're not in a rush...order on Ali Express for even cheaper 🙃

    • @erictang4798
      @erictang4798 8 місяців тому

      @@candidlyvivian Ali is not cheap and they charge for delivery...

    • @candidlyvivian
      @candidlyvivian  8 місяців тому

      ahh I actually got lucky with them and ordered some home decor items for relatively cheap!! @@erictang4798

  • @adaptking3170
    @adaptking3170 3 місяці тому +7

    Having lived here my whole life, I can confidently say Sydney is one of the most overrated cities on the planet. Once your career is all set up and you plan to settle down, thee is no reason to live here.

  • @mazenayman6472
    @mazenayman6472 Місяць тому +1

    That's a good add, thanks

  • @Disillusioned2022
    @Disillusioned2022 8 місяців тому +4

    Dude you're gorgeous. Thanks for the video. It only re-affirms my decision to leave Australia and live in SEA was well worth it. My lifestyle here is that of a king considering I can keep my Australian job 100% wfh. I never left Australia. In the end, it left me.

    • @candidlyvivian
      @candidlyvivian  8 місяців тому +1

      thank you! that’s great you get to work remotely on an australia income 🙂 all the best :)

    • @tanthaman
      @tanthaman 5 місяців тому +1

      Simp

    • @Disillusioned2022
      @Disillusioned2022 5 місяців тому

      @@tanthaman Words like simp, or incel, or racist - they have no meaning anymore. They are used by people in all the incorrect ways. Take your example - you called me a simp because I called a girl gorgeous. Ay yi yi.

    • @tanthaman
      @tanthaman 5 місяців тому

      @@Disillusioned2022 you called a girl beautiful on the Internet. You are a simp my friend

    • @wip-jz5gn
      @wip-jz5gn 3 місяці тому

      Lol - whinge about Australian lifestyle but leech off Australian's soil to sustain your so called current king lifestyle 👏

  • @robertjeges70
    @robertjeges70 2 місяці тому

    90 k average sounds correct. Keep in mind this figure is calculated by ranging from incomes of 40 k per annum to 1 mil per annum .

  • @Duckstalker1340
    @Duckstalker1340 2 місяці тому +1

    To get 90k salary one needs to have a uni degree and worked for at least 2 years of experience.

    • @candidlyvivian
      @candidlyvivian  2 місяці тому

      yep for this example I just used the average salary, obviously it will vary by age / job / location! :)

  • @andrew1470
    @andrew1470 7 місяців тому +8

    90k average?! What no way. That is inaccurate information. 55 to 65 is what most get

    • @candidlyvivian
      @candidlyvivian  7 місяців тому

      www.abs.gov.au/statistics/labour/earnings-and-working-conditions
      according to the ABS it’s the median of all full time employees 😱

    • @andrew1470
      @andrew1470 7 місяців тому +1

      @@candidlyvivian doesn’t sound right, does it?

    • @candidlyvivian
      @candidlyvivian  7 місяців тому

      ​@@andrew1470 i did initially think it was quite high but also given cost of living + inflation since covid, it is reasonable. remember this is also the median salary of ALL full-time workers
      industries like mining + banking also pay a lot of $$

    • @JayShuun
      @JayShuun 4 місяці тому

      @@candidlyvivian how much of the population work in part-time/casual? would this skew the data?

    • @Zilron38
      @Zilron38 3 місяці тому +1

      There is only very few people that I know that make 90k or more, and they are all managers for big firms.

  • @Starcraftmazter
    @Starcraftmazter 3 місяці тому +1

    $100 for a doctors consult, what?

    • @candidlyvivian
      @candidlyvivian  3 місяці тому +1

      yep - alot of doctor appointments aren't bulk billed anymore (meaning you have to pay upfront, and then possibly claim back 40% with medicare)

    • @Starcraftmazter
      @Starcraftmazter 3 місяці тому

      ​@@candidlyvivian Yeh I'm aware, but I know only of one oddity in the middle of Sydney who charge $100 after the claim-back (which is instant). I don't think such an amount is common at all.

    • @candidlyvivian
      @candidlyvivian  3 місяці тому

      @@Starcraftmazter ahh okay good to know its not the case for everyone! I got my info from here! i'm lucky my doctor is still bulk billed :')
      Aussies are set to be charged more than $100 for a standard non-bulk billed GP appointment from next month, following a third price increase this year.
      This change marks the third time that recommended fee has gone up in 2023, after it went up to $90 in March and then $98 in July.

  • @--Monique
    @--Monique 4 місяці тому +1

    just don't move to Sydney...you probably get the same pay in another city with lower expenses anyways

    • @candidlyvivian
      @candidlyvivian  4 місяці тому

      that’s true! i wouldn’t be in Sydney if my family and friends weren’t here

  • @faisalmushtaq-i2r
    @faisalmushtaq-i2r 6 місяців тому

    I m coming on tourist visa to find job which place is best plz guide about cheapest place even sharing room

    • @candidlyvivian
      @candidlyvivian  6 місяців тому

      flatmates.com.au for share rooms!
      alternatively domain + realestate are Australia's leading rental websites

    • @Earthy_soul
      @Earthy_soul Місяць тому +1

      You can't work on a tourist visa

    • @mrsturnbull4698
      @mrsturnbull4698 Місяць тому +1

      dont come on tourist visa they will send you back apply with right visa to get work and stay here.

    • @sydwest2957
      @sydwest2957 Місяць тому

      also try Gumtree for jobs and accommodation

    • @felixmaruve
      @felixmaruve Місяць тому

      It’s different from Dubai brother where u go on a tourist visa and stay 15 people in a 1 room eating biriyani, u need to look for a proper visa to be allowed to work, they won’t allow you to work on a visit visa

  • @S3verance
    @S3verance 4 місяці тому

    Don't come to Perth leave us alone 😭

    • @candidlyvivian
      @candidlyvivian  4 місяці тому +1

      i heard perth house prices have been going up crazy over the last year too T_T

    • @S3verance
      @S3verance 4 місяці тому

      @@candidlyvivian yes it's terrible 😭

  • @rabidsminions2079
    @rabidsminions2079 2 місяці тому +1

    Thoses figures look about right. I have lived in Sydney all of my life.

    • @candidlyvivian
      @candidlyvivian  2 місяці тому +1

      yeah Sydney is getting so expensive :( thank you for watching + confirming!

  • @PeacefulTraveller888
    @PeacefulTraveller888 2 місяці тому +2

    I live further north, I’m older and established. Just one year younger than the Babyboomers. I have been making coffee at home for decades, I cook at home, I rarely eat any meat or eggs. Groceries DO cost a lot now. I might start going to Aldi a bit for some basics. I rarely eat out. The Federal government just gave ALL Australians a handout of $1k towards power bill. Look at your power bill to see for yourself. There have been state hangouts for over 12 months now too ⚡️I love going to the Arthouse cinemas but I stay in now and enjoy Netflix for $6.99 a month. Getting a good 📺 and wifi changed my circumstances. I don’t have expensive hobbies. I love spending time in nature and I’ve starting growing as much food as I can. I need all these changes. Hairdressers are expensive - I just go to the salon a lot less now. I have truly pulled my belt in and I am striving to be more frugal 💰

  • @cambodialife3983
    @cambodialife3983 6 місяців тому +3

    Costs under US$10,000 a year to live a simple lifestyle in South East Asia if your not a drug adduct or alcholic or have spoilt spending or wasteful habits.
    Thailand, Philippines, Cambodia, Vietnam.
    I do it for about US$7000 a year with an asian wife and dont rent as we own. Have 2 motorbikes for transport in the favourable climate, have internet and AC, meat veggies and fruit are real cheap, and so is eating out.
    Its not for everyone and more suited to people with lay back lifestyles and patience and tolerance to adapt to the culture change.

  • @spilsbury889
    @spilsbury889 4 місяці тому +2

    Iam moving to Sydney alone in January. I have never been to Australia before and i aim to bring around 15,000 Dollars. I aim to live in hostels for a few months and get a job around March time. Do you think i will struggle with this amount and would staying in a hostel for a bit till i find a room mate be cheaper than a studio? Great video 😊

    • @candidlyvivian
      @candidlyvivian  4 місяці тому +2

      hey there! welcome to sydney in advance! that should be alright and be able to cover 2 months of unemployment. hostels, share-houses will definitely be cheaper than a studio (which might cost you at least $400 depending on how far out you go..) hopefully you can get a room in a shared house for ~$250
      I recommend this website: flatmates.com.au/ to find roommates :)

  • @jackryan2135
    @jackryan2135 14 днів тому

    If you're single, you need a minimum of 120k to have even the most basic life. Any 1 bedroom flat that's 500 a week in.sydney is.nowhere you would ever want to live.

    • @candidlyvivian
      @candidlyvivian  14 днів тому

      I agree. 6 figures used to be doing so well but that’s the bare minimum in Sydney nowadays - probably wouldn’t live here if I didn’t have family here

  • @hermesliteratus882
    @hermesliteratus882 4 місяці тому +3

    The cost of living in Australia has been increasing dramatically ever since the beginning of Covid in 2020 and there is no sign of easing any time soon. Now added to that is the sky rocketing property price in every major city in the country except for Melbourne.

    • @candidlyvivian
      @candidlyvivian  4 місяці тому +1

      it has been absolutely crazy. salaries haven't moved that much making things so much harder!

  • @wuhui
    @wuhui 21 день тому

    I'm paying about $200 per month for electricity 😢. I wish that was my quarterly bill instead

    • @candidlyvivian
      @candidlyvivian  21 день тому

      omg mine has gone up too since the filming of this video T_T I try to avoid using AC if possible, no heaters, lights off :')

  • @wip-jz5gn
    @wip-jz5gn 3 місяці тому +1

    Just leave - we're all here just contributing the Australian housing ponzi anyway

  • @MortivationNation
    @MortivationNation 6 місяців тому +1

    Australia is just so expensive since after covid, its a joke. Going to be a terrible place to live over the next few years.

    • @candidlyvivian
      @candidlyvivian  6 місяців тому

      I completely agree - Sydney in particular is so expensive

  • @johngodden4363
    @johngodden4363 5 місяців тому +5

    Moral of the story sweetie is not to choose to live in Sydney or Melbourne if money is an issue. There are plenty of other cities and towns which are very affordable and where you can still enjoy the Australian lifestyle and earn a good living. Life is about choices.

    • @candidlyvivian
      @candidlyvivian  5 місяців тому

      yes definitely a good idea! I would if all my family + friends weren't here :)

  • @majinboo6377
    @majinboo6377 8 місяців тому +1

    if ure a lifters or gamers, australia is not ur place. if ure immigrant, u do a job and get paid 15 an hour (mostly) with high cost living (weekly rent is crazy expensive unless u want to live in dirty homestay cramped with others in one room) and no time for entertainment or me time cause ure slaving away from morning to night.

    • @candidlyvivian
      @candidlyvivian  8 місяців тому

      Agree - cost of living is actually so crazy these days + all these interest rate rises… 😱

  • @jonathanbriones3235
    @jonathanbriones3235 8 місяців тому +1

    I haven't seen in mentioned, but maybe go to Aldi for living essentials (i.e. meat, veggies....etc.). They have less variety than Coles or Woolies, but they're 30% cheaper. Would recommend Aldi for the everyday stuff.

    • @candidlyvivian
      @candidlyvivian  8 місяців тому +1

      oh yes good tip!! i forgot to mention 🥲 I love Aldi too, significantly cheaper - i also carry some cash to avoid the card surcharge LOL

  • @JohnnyBeitia
    @JohnnyBeitia 8 місяців тому

    "PANAMÁ 🇵🇦 RELOCATION TOURS!! WITH JA CKIE!!😊 🙋👍❤️👈"

  • @JohnnyBeitia
    @JohnnyBeitia 8 місяців тому

    "5 REASONS TO GET PANAMÁ 🇵🇦 RESID ENCY!!😊 🙋👍❤️👈"

  • @jwnm8899
    @jwnm8899 2 місяці тому

    I wonder what these incomes and expense catagories would look like in other countries in major cities? Sydney is expensive, thanks for explaining the situation.

    • @candidlyvivian
      @candidlyvivian  2 місяці тому

      ahh i can't really comment on expenses but if you're interested in seeing different salaries across the cities, the HAYS salary guide for FY24-25 is out (and free!) and shows the different figures across states :)

  • @Justinonmytube
    @Justinonmytube 3 місяці тому

    2 bedder for 650? That is 2 years ago. Anything decent would be 800+ now

    • @candidlyvivian
      @candidlyvivian  3 місяці тому +1

      yeah anything modern is easily $800+...although there are definitely still older brown stone buildings where you might be able to get $650

  • @dl4871
    @dl4871 4 місяці тому

    Confirm the figures are true, from 30 years experience living in Sydney.

  • @pocoyomc
    @pocoyomc 2 місяці тому

    This is handy and got to the key monetary components of living in Sydney. Thank you :)

  • @VirtualOliverP
    @VirtualOliverP 7 місяців тому

    A great rundown of costs of living in Australia especially in good ol Sydney 😅

    • @candidlyvivian
      @candidlyvivian  7 місяців тому

      hahah yes good old Sydney bleeding us dry 😂

  • @varnaksingh
    @varnaksingh 4 місяці тому

    Real numbers, been in Sydney for 2 weeks now.

  • @Zilron38
    @Zilron38 3 місяці тому

    Good video and thank you for your research.

  • @breeze5393
    @breeze5393 8 місяців тому

    those small, seemingly innocuous purchases for things like coffee, bubble tea, bottled water and fast food really do add up 😢

    • @candidlyvivian
      @candidlyvivian  8 місяців тому +1

      i agree!! bubble tea is so overrated

  • @sravankumar8763
    @sravankumar8763 5 місяців тому

    This looks real calculations, but rent is it 2200? In melbourne youll get 2bhk and can share with frnds

    • @candidlyvivian
      @candidlyvivian  5 місяців тому

      hi there! yes unfortunately Sydney rent is really crazy right now - 1 bedrooms go for $500-$700 and 2 bedrooms can be at least $700 and range up to $1k per week depending on location

    • @hijazzains
      @hijazzains 4 місяці тому

      ​@@candidlyvivianmy friend pays $800 a week for a 2 bedroom 1 hour away by train from his CBD workplace...and he earns that median weekly income with a mkn working wife and baby

    • @candidlyvivian
      @candidlyvivian  4 місяці тому

      @@hijazzains that sounds about right 😢cost of living + rental prices are actually so crazy lately

  • @adiagarwal3784
    @adiagarwal3784 4 місяці тому

    Great video and breakdown!

  • @nealtran6844
    @nealtran6844 7 місяців тому +12

    90K a year is not considered average.

    • @candidlyvivian
      @candidlyvivian  7 місяців тому

      it does seem quite high right? I got my info from the ABS:
      "Median employee earnings was $1,300 per week, up $52 (4.2%) since August 2022"

    • @hijazzains
      @hijazzains 4 місяці тому

      ​@@candidlyvivian so half of Aussue earns less than $1300 per week.....

    • @candidlyvivian
      @candidlyvivian  4 місяці тому +1

      @@hijazzains yup that's correct

    • @mooman8981
      @mooman8981 3 місяці тому

      Average is 90k median is 67k - average is misleading due to the skew from people earning 300k+

  • @valentinaquiroga8294
    @valentinaquiroga8294 7 місяців тому +2

    Thank you so much for the video! It was super clear and great help ❤

  • @twigglee
    @twigglee 8 місяців тому +2

    yeah Sydney just keeps getting more and more ridiculous to live in 🥲

    • @candidlyvivian
      @candidlyvivian  8 місяців тому +1

      i know T_T

    • @ryhchoi
      @ryhchoi 8 місяців тому

      All the inflation is coming from money printing via reckless govt spending

  • @cheekmeat
    @cheekmeat 5 місяців тому

    CBA’s head of Australian economics, Gareth Aird, said on Tuesday that not only were further rate rises now a “near‑term risk”, but any cuts will also come slower than previously expected.
    Most of the expected cuts will likely be pushed back to 2025, he said.
    He explained that strong population growth, driven by net overseas immigration, has put pressure on the Consumer Price Index.
    “Most notably the housing‑related components,” Mr Aird wrote.
    “As a result, demand is stronger and so inflation is falling less quickly than otherwise.”
    Meaning immigration is the problem!
    You lot need to stay tf away

    • @candidlyvivian
      @candidlyvivian  5 місяців тому +2

      was right there with you until the last sentence 😂

    • @cheekmeat
      @cheekmeat 5 місяців тому

      @@candidlyvivian literally over 700,000 people came in last year and thats why everything is priced out the wazoo.
      People running from their governments poor decisions instead of standing up to it like theyre responsible to.
      Leaving the poor behind in their own homeland and destroying the housing market for my childrens future.
      Its disgusting and I think more people need to be aware of this perspective

    • @cheekmeat
      @cheekmeat 2 місяці тому

      @@candidlyvivian yeah of course not, we can see what your kind are doing through gentrification.
      Don't worry, you're in the scope too