Cost Of Living In Australia For Indian Family in 2024 - Niyo (2024)

Living in Australia with your family can be a great experience because of diverse culture, excellent educational opportunities, and picturesque landscapes. So, if you are planning on moving to Australia, you must know the total cost of living in Australia for Indian families. The monthly living expenses will vary depending on several factors like the city you choose to live in, your lifestyle preferences, and much more. Let us explain more about Australian living expenses so Indian families can understand better.

Average Cost of Living in Australia for an Indian Family

Living in Australia can be more expensive than in India, especially in major cities like Sydney and Melbourne.

In 2024, the average cost of living for a family of four in Australia can range from AUD 3,000 to 3,500 per month, excluding entertainment and other discretionary spending. This can vary significantly depending on your chosen location, family size, and lifestyle choices. For instance,Australian housing costs are typically higher in major cities like Sydney and Melbourne, while regional areas tend to be more affordable.

If you’re planning to move to Australia with your family, it’s important to carefully research the cost of living in Australia at your chosen location and adjust your budget accordingly.

However, with thoughtful planning and budgeting, it’s still possible to have a comfortable life on a moderate income.

Let’s take a closer look at the cost of living in Australia for Indian families in 2024:

1. Australia Grocery Prices:

2. Australia Housing Cost

3.Transportation Cost In Australia

The transportation cost for Indian families in Australia can vary depending on various factors such as the city or region of residence, the mode of transportation used, and the family’s specific needs and preferences.

As far as the average public transportation cost in different cities of Australia is concerned, here are a few important pointers:

4. Average Costs of Utilities in Australia

5. Cost Of Studying In Australia For Indian Students

The cost of studying in Australia for Indian students can vary based on several factors, including the type of course, the level of study, the institution, and the location. Here’s a breakdown of the main expenses you should consider:

Average Cost of Living in Australia for an Indian Family

As a newly arrived Indian family of 4 in Sydney, the initial days can be challenging, especially with navigating finances. While the average cost of living in Australiavaries significantly, consider a starting range of AUD 3,500 to AUD 5,000 per month in Sydney. Remember, this depends on factors like housing choices, transportation needs, and lifestyle habits. Budgeting effectively, exploring shared housing options, and using public transport can help manage costs. Remember, thorough research and careful planning are key to successfully adjusting to your new life in Australia.

Conclusion

As an Indian family or student living in Australia, managing your day-to-day expenses can be challenging. It is high time you get a reliable global card that assures maximum savings with add-on benefits. If you are looking for hands-on solutions to your financial woes while living abroad, the zero forex markup international Niyo Global debit card can effortlessly facilitate international transactions.