Cost of Living in Gold Coast

Cost of Living Index (Excl.Rent): 75.13
Rent Index: 37.95
Groceries Index: 70.90
Restaurants Index: 67.99
Cost of Living Plus Rent Index: 57.54
Local Purchasing Power: 120.55
Restaurants [ Edit ] Avg. Range
Meal, Inexpensive Restaurant 15.00 A$ 10.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 65.00 A$ 50.00-90.00
McMeal at McDonalds (or Equivalent Combo Meal) 9.25 A$ 8.00-10.00
Domestic Beer (1 pint draught) 5.00 A$ 4.50-6.00
Imported Beer (11.2 oz small bottle) 8.00 A$ 6.00-8.00
Cappuccino (regular) 4.40 A$ 4.00-5.00
Coke/Pepsi (11.2 oz small bottle) 2.78 A$ 2.50-3.00
Water (11.2 oz small bottle) 2.22 A$ 2.00-3.00
Markets [ Edit ] Avg.
Milk (regular), (1 gallon) 5.12 A$ 3.79-7.57
Loaf of Fresh White Bread (1 lb) 1.73 A$ 0.91-2.72
Rice (white), (1 lb) 1.46 A$ 1.04-1.81
Eggs (12) 3.81 A$ 3.00-5.00
Local Cheese (1 lb) 4.44 A$ 3.40-6.35
Chicken Breasts (Boneless, Skinless), (1 lb) 4.26 A$ 4.08-4.54
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 A$ 5.44-9.98
Apples (1 lb) 1.64 A$ 1.36-1.81
Banana (1 lb) 1.10 A$ 0.90-1.36
Oranges (1 lb) 1.39 A$ 1.13-1.81
Tomato (1 lb) 2.14 A$ 1.59-2.72
Potato (1 lb) 1.20 A$ 0.90-1.36
Onion (1 lb) 1.05 A$ 0.91-1.36
Lettuce (1 head) 2.00 A$ 1.50-2.50
Water (1.5 liter bottle) 2.31 A$ 2.00-3.00
Bottle of Wine (Mid-Range) 16.00 A$ 10.00-20.00
Domestic Beer (0.5 liter bottle) 5.31 A$ 4.00-6.00
Imported Beer (11.2 oz small bottle) 7.50 A$ 6.00-9.00
Pack of Cigarettes (Marlboro) 22.50 A$ 20.00-25.00
Transportation [ Edit ] Avg.
One-way Ticket (Local Transport) 4.25 A$ 3.00-5.00
Monthly Pass (Regular Price) 110.00 A$ 100.00-120.00
Taxi Start (Normal Tariff) 3.20 A$ 2.90-3.50
Taxi 1 mile (Normal Tariff) 4.26 A$ 3.49-8.05
Taxi 1hour Waiting (Normal Tariff) 44.00 A$ 38.00-50.00
Gasoline (1 gallon) 4.92 A$ 4.35-5.60
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,500.00 A$ 24,000.00-27,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 23,000.00 A$
Utilities (Monthly) [ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 207.37 A$ 110.00-320.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 A$ 0.12-0.30
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 83.22 A$ 75.00-100.00
Sports And Leisure [ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult 67.00 A$ 60.00-80.00
Tennis Court Rent (1 Hour on Weekend) 15.50 A$ 10.00-20.00
Cinema, International Release, 1 Seat 14.00 A$ 8.50-18.00
Clothing And Shoes [ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 90.56 A$ 70.00-120.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 41.25 A$ 25.00-60.00
1 Pair of Nike Running Shoes (Mid-Range) 114.00 A$ 80.00-140.00
1 Pair of Men Leather Business Shoes 113.09 A$ 80.00-150.00
Rent Per Month [ Edit ] Avg.
Apartment (1 bedroom) in City Centre 1,515.56 A$ 1,340.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,210.00 A$ 1,000.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,304.44 A$ 2,000.00-2,800.00
Apartment (3 bedrooms) Outside of Centre 1,825.40 A$ 1,600.00-2,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 491.61 A$ 278.71-638.70
Price per Square Feet to Buy Apartment Outside of Centre 476.12 A$ 418.06-534.19
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 3,554.17 A$
Mortgage Interest Rate in Percentages (%), Yearly 4.49 3.97-5.10

Prices in Gold Coast, Australia

These data are based on 725 entries in the past 18 months from 89 different contributors.
Last update: October, 2016
Sources and References : Info
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Cost of living in Gold Coast is 24.87% lower than in New York (Info)Our estimator (with default settings) estimate monthly expenses for a single person at 821.17$ (1,078.44A$) and for four person family at 2,905.38$ (3,815.60A$) (without rent).
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14 Comments so far

#Erine on Aug 01, 2016 :
My friends and I are looking to move to gold coast Australia for a year we're looking for a 4 bedroom 2 bath house, townhouse or apartment with possible utilities included in the rent is there any good websites out there that lists properties or properties for tourists ?
#mike on May 06, 2016 :
Hey guy, I lived in the goldcoast for 10 months as a student. It was one of the best times I have had in my life. Once I got a part time job, I was able to pay for all expenses with ease (moderate lifestyle)
It's a great city, and am currently debating on going back to live there for a few more years. (I'm from canada)
#Turky on Mar 29, 2016 :
Prices are very accurate as of March 2016, however rents are much cheaper .. 1 bedrom apartment can be rented from 1200Au$
#Sandra Lozano on Oct 26, 2015 :
Hello Everyone, I am thinking to move to Australia, study related, I have to choose between Melbourne, Brisbane or Gold Coast, can you give me an advise. Thank you!
#hanif ahmed sakhi on Aug 27, 2015 :
Is it possible for me to work part time and cover my tuition for bond university and accommodate in Gold coast?
please anyone answer
#Mickey Skase on Aug 19, 2015 :
My late uncle built an empire here once upon a time and really made the place somethin' else..

The Gold Coast used to be the Miami or Hollywood of Australia .. the rich glamour set used to parade
along Gold Coast Highway, Surfers Paradise and down in Fortitude Valley...

I might return and build a new relaxed semi-retired lifestyle back up on the coast .. the coast with the most...
#Jim on Jul 04, 2015 :
Moved here from Sydney and we are never going back. Gold Coast has excellent amenities, modern look and feel, nice people and is very, very affordable. We get a penthouse 3 bed apartment for $450/wk on the water. Try getting that in old, dirty, yucky Sydney.
#audi on Apr 30, 2015 :
I agree that sydney way behind living affordable and low styles of life lived there all life but prices start to get unreal.units i called it graves unlivaable double of where u pay in gc.trafic hectic. People start to get frustrated and rude.cost of food way ex. Gold Coast is the way to go
#Anonymous on Feb 09, 2015 :
Don't move to Sydney, life is very expensive here. Unless you like spending your life in wage slavery.
#Sinbad on Apr 12, 2014 :
The Gold Coast has had it's glory years .. it used to be a buzzing destination for tourists from inter-state and overseas, especially Japan.

Now it's a bit of a run down yesterday place .. lot's of dimwits everywhere and confidence tricksters .. so lookout..

Having said that, I still reckon it's a fun place to visit and have a holiday/vacation - it's laid back and crazy and sometimes dangerous
but to live there it's had it's peak and now is on the slippery slope downwards.

Would I want to live there?

If I had an ok job or my own business or retired I suppose it would be all right .. but it lacks the dynamics and wide variety
of cultures and things to do that Melbourne or Sydney offer.

Housing is reasonably cheap compared to the bigger cities (mostly because so many only work part time or not at all, or under the radar..).
#taylor on Oct 21, 2013 :
medical insurance is provided by the government #Joanne
#Anonymous on Sep 28, 2013 :
Thanks! But on which date is this inform?
#Joanne on Feb 22, 2013 :
What about medical insurance/cover?
#X mahn on Jan 14, 2013 :
Very informative and helpful.
Its pretty expensive living there!