Cost of living in Gold Coast

In Gold Coast, Australia, a single person typically needs around $2300 per month including rent. A family of four may spend about $5003 monthly.

How expensive is Gold Coast compared to other cities?

Compared to the European benchmark, Gold Coast is 109% more expensive overall.

How does Gold Coast compare to your city?

Gold Coast is 45% cheaper than New York City, without rent.

Rent in Gold Coast is, on average, 42% lower than in New York City.

What drives the cost of living in Gold Coast?

Who is Gold Coast a good fit for?

Gold Coast tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Gold Coast so expensive?

The primary driver of high costs in Gold Coast is rent and utilities, which significantly impact overall living expenses.

Is food expensive in Gold Coast?

Yes, food prices are 45% higher than the European benchmark, contributing to the overall cost of living.

Is public transport affordable in Gold Coast?

Public transport is 88% higher than the European benchmark, making it less affordable for residents.

Cost of living breakdown

Cost of Living, one person, including rent
2300 $
Without Rent
788 $
Rent & Utilities
1512 $
Food
542 $
Transport
114 $
Monthly Salary, after tax
3406 $
GDP per Capita
64,712 $
Freedom Index
8.52
Lifespan
83 years
Speak English
93%
Population
608.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 13.9 $
Dinner 82.4 $
Fast food, McDonalds or KFC 10.3 $
Beer, 0.5 L or 16 fl oz 7.57 $
Capuccino 3.7 $
Coke, 330ml 2.55 $

Compare Gold Coast with:

Markets

Milk, 1 L or 1 qt 1.35 $
Bread, 0.5 kg or 1 lb 2.44 $
Rice, 1 kg or 2 lb 2.08 $
Eggs, 12 pack 4.42 $
Cheese, 1 kg or 2 lb 7.9 $
Chicken Breast, 1 kg or 2 lb 8.73 $
Round Steak, 1 kg or 2 lb 14.7 $
Apples, 1 kg or 2 lb 3.28 $
Banana, 1 kg or 2 lb 2.92 $
Oranges, 1 kg or 2 lb 2.7 $
Tomato, 1 kg or 2 lb 3.89 $
Potato, 1 kg or 2.2 lb 2.35 $
Onion, 1 kg or 2.2 lb 2.1 $
Water, 1 L or 1 qt 0.84 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.01 $
Wine, 750 mL bottle 13.9 $
Beer, 0.5 L or 16 fl oz 5.61 $
Cigarette pack 27.8 $

Transportation

One-way Ticket 3.05 $
Monthly Pass 59.3 $
Gas or Petrol, 1l or 0.26 gal 1.25 $
Taxi, 8 km 14.7 $

Personal Care

Doctor Visit, private clinic 54.1 $
Cold medicine, for 1 week 5.09 $
Hair Shampoo, 400 ml or 12 oz. 4.98 $
Toilet paper, 4 rolls 2.5 $
Toothpaste, 1 tube 2.11 $

Utilities per Month

1 person, electricity, heating, water & garbage 106 $
Family of 4, electricity, heating, water & garbage 164 $
Internet plan, +60 Mbps 54.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,324 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,119 $
1 Bedroom Apartment, in city center, 40 sq.m 1,455 $
3 Bedroom Apartment, in city center, 85 sq.m 2,455 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 9,386 $
Price per Square Meter to Buy House, in suburbs 4,352 $

Salaries and Financing

Average Monthly Net Salary, after tax 3,406 $
Mortgage Interest Rate, for 20 years fixed-rate 6.39%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 52.6 $
Cinema, 1 seat 13.5 $
Haircut 16.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 102 $
Brand Jeans, Levis 501 67.8 $

Childcare

Preschool, full day, monthly for 1 child 1,739 $
International Primary School, yearly for 1 child 7,508 $

Compare Gold Coast with other top cities

Australia
Gold Coast vs Melbourne (Melbourne is 4% more expensive) Gold Coast vs Sydney (Sydney is 22% more expensive) Gold Coast vs Brisbane (Brisbane is 8% more expensive) Gold Coast vs Perth (Perth is 2% more expensive) Gold Coast vs Adelaide (Adelaide is 2% less expensive) Gold Coast vs Gold Coast (Gold Coast has similar costs) Gold Coast vs Canberra (Canberra is 4% more expensive) Gold Coast vs Sunshine Coast (Sunshine Coast is 25% less expensive) Gold Coast vs Wollongong (Wollongong is 33% less expensive) Gold Coast vs Ipswich (Ipswich is 18% less expensive)
New Zealand
Gold Coast vs Auckland (Auckland is 4% less expensive) Gold Coast vs Christchurch (Christchurch is 14% less expensive) Gold Coast vs Manukau (Manukau is 16% less expensive) Gold Coast vs Wellington (Wellington is 3% less expensive) Gold Coast vs Hamilton (Hamilton is 27% less expensive) Gold Coast vs Tauranga (Tauranga is 22% less expensive) Gold Coast vs Dunedin (Dunedin is 36% less expensive) Gold Coast vs Lower Hutt (Lower Hutt is 19% less expensive) Gold Coast vs Palmerston North (Palmerston North is 43% less expensive) Gold Coast vs Napier (Napier is 39% less expensive)
Marshall Islands
Gold Coast vs Majuro (Majuro is 34% less expensive) Gold Coast vs Djarrit (Djarrit is 34% less expensive)
Solomon Islands
Gold Coast vs Honiara (Honiara is 37% less expensive) Gold Coast vs Auki (Auki is 36% less expensive)
Palau
Gold Coast vs Melekeok (Melekeok is 49% less expensive) Gold Coast vs Ngerulmud (Ngerulmud is 49% less expensive)
Tonga
Gold Coast vs Nukualofa (Nukualofa is 58% less expensive) Gold Coast vs Mua (Mua is 58% less expensive)
Fiji
Gold Coast vs Suva (Suva is 60% less expensive) Gold Coast vs Nasinu (Nasinu is 61% less expensive) Gold Coast vs Nadi (Nadi is 61% less expensive) Gold Coast vs Lautoka (Lautoka is 74% less expensive)
Samoa
Gold Coast vs Manase (Manase is 71% less expensive) Gold Coast vs Apia (Apia is 71% less expensive)
Nauru
Gold Coast vs Yaren (Yaren is 73% less expensive)
Tuvalu
Gold Coast vs Funafuti (Funafuti is 74% less expensive) Gold Coast vs Vaiaku (Vaiaku is 74% less expensive)
Papua New Guinea
Gold Coast vs Port Moresby (Port Moresby is 76% less expensive) Gold Coast vs Lae (Lae is 76% less expensive)
Kiribati
Gold Coast vs South Tarawa (South Tarawa is 77% less expensive) Gold Coast vs London (London is 77% less expensive)