Cost of Living Table

All Australian listed prices are inclusive of local taxes. It is not customary to tip for services in Australia. To check fluctuations in exchange rates, refer to the xe.com website.

ITEM COST $AUD COST $USD
Meal at Mcdonalds $10.00 $6.80
Cappucino (or Flat White!) $3.30 $2.24
Milk 1L / 33 ounce $1.10 $0.75
Loaf of bread $1.50 $1.02
Rice 1kg / 2.2lbs $1.50 $1.02
Eggs (dozen) $3.00 $2.04
Cheese 1kg/2.2lb $8.00 $5.44
Chicken breast 1kg/2.2lb $9.00 $6.12
Ground beef 1kg/2.2lb $12.00 $8.16
Apples 1kg/2.2lb $2.50 $1.70
Banana 1kg/2.2lb $2.00 $1.36
Oranges 1kg/2.2lb $3.00 $2.04
Tomato 1kg/2.2lb $5.00 $3.40
Potato 1kg/2.2lb $3.00 $2.04
Onion 1kg/2.2lb $3.00 $2.04
Lettuce /head $2.00 $1.36
Water bottle $1.00 $0.68
Single train ticket within central zone $3.60 $2.45
Phone plan / month $30.00 $20.40
Laundry powder $5.00 $3.40
Toothpaste $3.50 $2.38
Women's sanitary products /16 pack $6.00 $4.08
Barber haircut $20.00 $13.60
Haircut $60.00 $40.80
Pasta 500g/1.1lb $1.00 $0.68
Olive Oil 500g/1.1lb $5.00 $3.40
Butter $3.00 $2.04
Sunscreen $5.00 $3.40
Box of cereal $4.00 $2.72
Coca Cola 2L/66 ouce $3.00 $2.04
Shampoo $6.00 $4.08
Conditioner $6.00 $4.08
Shower gel $6.00 $4.08

Banking

Australian banks offer general savings accounts that allow users to deposit, withdraw and transfer money. Sydney banks are generally open Monday to Thursday 9:30am - 4:00 pm and Friday 9:30 am - 5:00 pm. Most ATMs are accessible 24 hours a day, 7 days a week. When choosing a bank or other financial institution be sure to find out if they have a branch or ATMs (Automatic Teller Machines) located at a point convenient to you. Also check if the bank charges account keeping or service fees. 

When opening a local bank account, you will be required to provide 100 points of ID. You will need to provide sufficient identification such as your passport, student card, birth certificate, driver’s license, credit cards or a combination of other acceptable documents.

INSTITUTION ADDRESS PHONE
ANZ 665 George Street
131314
Commonwealth Bank 691-693 George Street
92112133
HSBC 724-728 George Street 1300308008
NAB 37 Ultimo Road
132265
Suncorp Bank
Shop 1A/710 George Street 99782833

Budget Tips