Planning To Move to Perth, WA? Here’s Your Complete Cost of Living Breakdown

Perth, the capital of Western Australia, is renowned for its stunning beaches, vibrant cultural scene, and a lifestyle that blends relaxation with modern living. With its sprawling suburbs and thriving city center, Perth offers a unique living experience that attracts people worldwide. Understanding the cost of living in Perth is essential for those considering a move to this beautiful city. This guide delves into various aspects of living expenses in Perth, including housing, utilities, food, transportation, healthcare, education, and entertainment, to provide a detailed and humanised view of what it’s like to live in this part of Australia.

A snapshot of Perth

2021 AUSTRALIAN BUREAU OF STATISTICS CENSUS STATS

We Have Outlined The Complete Cost Of Living In Perth Below

Housing Costs In Perth

Renting in Perth

Renting is a major expense for residents in Perth. Whether you prefer the hustle and bustle of the city or the tranquility of the suburbs, rental prices can vary significantly.

• City Centre: Renting a one-bedroom apartment in the heart of Perth can cost between AUD 1,500 to AUD 2,200 per month. The city centre offers proximity to workplaces, shopping, dining, and entertainment, justifying the higher rental prices.
• Suburbs: For those seeking more space and a quieter lifestyle, the suburbs present a more affordable option. Renting a similar one-bedroom apartment in suburbs like Cottesloe or Fremantle ranges from AUD 1,200 to AUD 1,800 per month. These areas offer beautiful landscapes, beach access, and a sense of community.
• Shared Accommodation: Sharing a house or apartment can significantly reduce living costs. Renting a room in shared accommodation can range from AUD 500 to AUD 900 per month, depending on the location and amenities.

Buying Property in Perth

Purchasing a home is a substantial financial commitment, but it can be a worthwhile investment. Perth offers a variety of properties, from modern apartments to family homes.

• City Centre: Buying property in the city centre is more expensive, with two-bedroom apartments starting at around AUD 600,000. These properties offer convenience and potential for long-term value appreciation.
• Suburbs: In the suburbs, you can find a three-bedroom house for between AUD 400,000 and AUD 600,000. Suburban areas like Joondalup and Rockingham are popular for their family-friendly environments and relatively affordable prices.

Utilities and Household Expenses

Utilities and household expenses are essential to consider when budgeting for living in Perth. These include electricity, gas, water, and internet services.

• Electricity and Gas: On average, the monthly cost for electricity and gas for a standard household is about AUD 200. Energy prices can fluctuate based on usage and the provider.
• Water: Water bills in Perth range from AUD 50 to AUD 100 per month. Water usage can vary depending on household size and lifestyle.
• Internet: High-speed internet is a necessity in today’s digital world. Monthly plans typically cost between AUD 60 and AUD 100, depending on the speed and data limits.

Food and Groceries

The cost of food and groceries is another significant factor to consider. Perth offers a wide range of grocery stores, markets, and dining options.

• Groceries: A typical weekly grocery bill for a single person ranges from AUD 60 to AUD 100, while a family of four might spend between AUD 200 and AUD 300. Shopping at major supermarkets like Coles and Woolworths can help manage costs, while local markets offer fresh produce at competitive prices.
• Dining Out: Perth boasts a diverse culinary scene. An inexpensive meal at a local café or restaurant costs around AUD 20, while a three-course meal for two at a mid-range restaurant can be around AUD 100. Fine dining establishments offer exquisite experiences but at higher prices.

Transportation Costs

Getting around Perth is facilitated by a well-developed public transportation system, including buses, trains, and ferries. Owning a car is also a common choice for many residents.

• Public Transport: Transperth, the public transportation network, offers convenient and affordable options. A standard fare for a two-zone trip is AUD 3.20, with monthly passes available for around AUD 120. Discounts are available for students, seniors, and frequent travelers.
• Owning a Car: Many Perth residents choose to drive. The costs include fuel, insurance, registration, and maintenance. Fuel prices average around AUD 1.40 per litre. Comprehensive car insurance can cost approximately AUD 800 annually, while registration fees depend on the vehicle type and age.
• Cycling and Walking: Perth is a bike-friendly city with numerous cycling paths and pedestrian-friendly areas. Cycling and walking are excellent ways to reduce transportation costs and stay fit.

Healthcare and Insurance

Access to healthcare is a critical consideration. Perth provides high-quality healthcare services through public and private options.

• Public Healthcare: Australia’s Medicare system covers most medical services, making healthcare relatively affordable. Eligible residents have access to free or subsidized treatment in public hospitals and bulk-billing services from general practitioners.
• Private Healthcare: Private health insurance offers additional coverage and faster access to specialists. The average cost for private health insurance is about AUD 150 per month for a single person. Private insurance can cover services not included in Medicare, such as dental and optical care.

Education and Childcare

For families, education and childcare are significant aspects of the cost of living. Perth offers a range of public and private educational institutions.

• Public Schools: Public education is free for residents, though there may be associated costs such as uniforms, books, and extracurricular activities. Public schools in Perth are known for their quality and diverse programs.
• Private Schools: Private school fees vary widely, ranging from AUD 5,000 to AUD 20,000 per year. Private schools offer specialized curricula, smaller classes, and extensive extracurricular programs.
• Childcare: Childcare costs can be significant, with daycare centres charging between AUD 100 and AUD 150 per day. Government subsidies may be available to help offset these costs.

Universities in Perth & Accommodation Costs

Perth, the vibrant capital city of Western Australia, is home to several prestigious universities and offers an attractive lifestyle for students. With its beautiful beaches, lively cultural scene, and welcoming community, Perth is a popular choice for both domestic and international students. However, understanding the cost of living is crucial for managing finances effectively. The universities in Perth are located all around the city and the suburbs. The University of Western Australia and Murdoch University are some of the top universities which are on the list.

On-Campus Housing

Living on campus can be convenient and provide a sense of community. Most universities in Perth offer various on-campus accommodation options, including dormitories, shared apartments, and studio units.

• Cost Range: On-campus housing typically costs between AUD 150 to AUD 300 per week, depending on the type of accommodation and amenities provided. This usually includes utilities and internet.

Off-Campus Housing

Many students opt for off-campus housing, which can sometimes be more affordable and provide more independence.

• Shared Housing: Sharing a house or apartment with other students is a popular option. Rent for a room in shared accommodation ranges from AUD 100 to AUD 200 per week, depending on the location and facilities.
• Private Rentals: Renting a one-bedroom apartment can cost between AUD 250 to AUD 400 per week. Suburbs like Fremantle, Subiaco, and Mount Lawley are popular among students for their accessibility and vibrant atmosphere.

Tips for Finding Affordable Housing

• University Housing Services: Many universities offer housing services to help students find affordable accommodation.
• Online Platforms: Websites like Gumtree, Flatmates, and UniLodge provide listings for student accommodation.
• Student Networks: Connecting with other students through social media groups and university forums can help find shared housing opportunities.

Entertainment and Leisure

Perth offers a wealth of entertainment and leisure options, catering to diverse interests and lifestyles.

• Movies and Theatre: A movie ticket costs around AUD 20. Perth has several cinemas and theatres that offer a variety of films, plays, and performances. Theatre and concert tickets can range from AUD 50 to AUD 150, depending on the event and venue.
• Sports and Fitness: Gym memberships typically cost between AUD 50 and AUD 100 per month. Outdoor activities are plentiful, with Perth’s stunning beaches, parks, and hiking trails providing free or low-cost recreation options.
• Events and Festivals: Perth hosts numerous events and festivals throughout the year, many of which are free or have a low entry fee. From the Perth International Arts Festival to local farmers’ markets, there’s always something happening in the city.

Miscellaneous Costs

In addition to the major expenses, there are various other costs to consider when living in Perth.

• Clothing: Clothing costs can vary, with budget options available at major retailers and higher-end brands in shopping centres like Perth CBD or Subiaco. Seasonal sales and online shopping can offer significant savings.
• Personal Care: Haircuts, beauty treatments, and personal care items can add up. A standard haircut costs around AUD 30 to AUD 70, while other treatments like facials or massages can range from AUD 50 to AUD 150.
• Fitness and Hobbies: Engaging in hobbies and staying fit can also contribute to monthly expenses. Costs for hobbies like yoga classes, dance lessons, or club memberships can range from AUD 20 to AUD 100 per session.

Cost of Living Comparison with Other Cities

To provide a clearer picture, it’s useful to compare Perth’s cost of living with other major Australian cities like Sydney, Melbourne, and Brisbane.

• Housing: Perth’s housing costs are generally lower than Sydney and Melbourne but comparable to Brisbane. This makes Perth an attractive option for those looking for more affordable living arrangements.
• Utilities: Utility costs in Perth are similar to other major cities, with minor variations depending on provider and usage.
• Food and Groceries: Food prices in Perth are on par with other cities, though dining out can be slightly more affordable compared to Sydney.
• Transportation: Public transportation costs are comparable across major cities, with Perth offering a reliable and extensive network.
• Healthcare and Education: Healthcare and education costs are relatively consistent across Australia, thanks to the Medicare system and government funding for public schools.
• Tradies & Locksmiths: The cost compared to other cities is generally very similar to the other major cities in Australia. We made a simple comparison of the cost between two locksmiths in Perth and Sydney

Practical Tips for Managing Living Costs in Perth

Living in Perth can be enjoyable and affordable with some practical strategies:

• Budgeting: Create a detailed budget to track expenses and identify areas where you can save.
• Shopping Smart: Take advantage of sales, discounts, and local markets for groceries and other essentials.
• Public Transport: Utilize public transport options to save on fuel and parking costs.
• Energy Efficiency: Implement energy-saving measures at home to reduce utility bills.
• Health and Fitness: Engage in free or low-cost outdoor activities like hiking, swimming, and cycling.

To summarise, Perth offers a unique blend of urban and natural living, making it an attractive place to call home. While the cost of living can vary, understanding the key expenses and planning accordingly can help manage your finances effectively. Whether you’re renting or buying, consider utilities, food, transportation, healthcare, education, or entertainment.

Additional Resources

Top 10 Unsfae Suburbs To Live in Perth WA