Cheapest Places to Live in Australia 2024

Thinking of traveling or settling in Australia on a budget? Then you need to consider the cheapest place to live in Australia. Australia is one of the richest countries in the world and consequently, the cost of living is very high. Australia is divided into political divisions. They include Northern Territory, Western Australia, South Australia, the Australian Capital Territory, Tasmania, New South Wales, and Queensland. Here, you will learn of some of the cheapest places to live in Australia.

Where is the Cheapest Place to Live in Australia?

The following are some of the best and cheapest places to live in Australia for students and low income earners.

1. Hobart

Hobart is the cheapest place to live in Australia 2024. Hobart is the capital of Tasmania. It is the cheapest city to live in Australia 2024. It is a favorite destination for students in Australia due to plenty of accommodation for students. It has a slower pace of life compared to many other cities. 

Temperatures are relatively cool during summer; December and February averaging between 20°C and 24°C. During the Winter season; June and August, temperatures range between 5°C and 12°C.

While the cost of living is much lower in Hobart, the job market is not large. As such, finding a job here can be challenging. It is probably the cheapest place to live in Australia with an average cost of living of $2,100 AUD.

2. Adelaide

Adelaide is the cheapest place to live in South Australia. The city is full of historic buildings and leafy green parks. It is regarded as the food and wine capital of Australia. It is the 5th largest city in Australia. It also has an easily accessible beach.

The city experiences 7 months long summer from the month of April to October. During this season, temperatures usually exceed 22°C. Then it has 3 cool and wet months between June and August.

The city has many employment opportunities in different industries like manufacturing, healthcare, retail, and education. The cost of living is relatively low standing at $2,500 AUD per month while the price of real estate prices is also relatively lower compared to other cities. As such, it is a favorite destination for international students.

3. Geelong

Geelong is also one of the cheapest cities to live in Australia. It is famous for sporting activities. The city has easily accessible beaches. It has four seasons and during the winter season, temperatures can go below freezing point. Between December and March, it experiences warm temperatures of between 22°C and 25°C.

It is a favorite destination for foreigners moving to Australia or locals wishing to live somewhere smaller. The average living costs in Geelong are $2,175 AUD per month.

4. Sunshine Coast

Sunshine Coast is another cheap place to live in Australia 2024. It is a tourist attraction city with an underwater marine park and a Zoo. It also has many beaches.

The city experiences a sunny climate with less seasonal variation. During summer; between December to February, temperatures range between 17°C and 28°C. During winter; between March and May, temperatures average between 13°C and 25°C.

Sunshine Coast is a favorite destination for people moving to Australia due to its warm weather and low cost of living. The average cost of living in Sunshine Coast is $2,400 AUD per month.

Also read: Best companies to work for in Australia.

5. Cairns

Cairns is the cheapest place to live in Queensland 2024, Australia. The city is usually busy with tourists, divers, and snorkelers. It has a tropical climate and coastal lifestyle. The city is usually warm throughout the year with average temperatures of 17°C during summers and 26°C during summer.

It is one of the coastal cities with the lowest cost of living in Australia. The average house price in the city is $550,000 AUD while average living costs are $2,500 AUD per month.

6. Gold Coast

Gold Coast is also one of the best affordable places to live in Queensland, Australia. It is a popular place for students due to its low cost of living. It has beautiful beaches, rainforests, and wildlife. It is the largest city in Australia with high employment opportunities. It is also rich with entertainment, recreational, and nightlife facilities.  

During winter; June and August, it is usually sunny and dry and temperatures average between 12°C and 20°C. During summer; December and February, temperatures range between 20°C and 28°C.

The average cost of living in Gold Coast is $2,500 AUD per month. Besides, house prices and rental prices are usually relatively low. As such, it is affordable.

7. Brisbane

Brisbane is the cheapest city in Australia for students. There are several universities like Queensland University and Griffith University where you can pursue your education. There are many entertainment spots while the transport system is very convenient.  

Brisbane has a subtropical climate. During winter, it is usually dry and mild with temperatures between 11 and 12. During summer, temperatures range between 21°C and 29°C.

The city has robust employment opportunities in the manufacturing, tourism, health, and hospitality industry. The average cost of living in Brisbane is $2,600 AUD per month.

Also read: Middle income areas in Sydney, Australia.

How Much Do You Need to Live Comfortably in Australia?

To live comfortably in Australia with a family, you need to have an income of at least $6,000 AUD per month. If you are single, you need to make $3,500 AUD a month. Low-income earners in Australia are paid $20 AUD per hour while high-income earners are paid $120 AUD per hour. 

Summary of Cheapest Places to Live in Australia 2024

The above are some of the cheapest cities to live in Australia and the average cost of living. House prices and rental prices are also relatively cheap in these cities. They are excellent places for low income earners and international students in Australia to live. Therefore, if you are on a tight budget and looking for an affordable place in Australia, consider the above cities.

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