Cost Of Living For a Family in Sunshine Coast 2024

Family cost of living chart - average monthly expenditure in Sunshine Coast

Average monthly spending for families in Sunshine Coast

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: AUD
3,100 8,800 57,000
MINIMUM AVERAGE MAXIMUM
$2,000 $5,700 $37,000

How much money does a family need in a month to survive in Sunshine Coast?

Families in Sunshine Coast spend around 8,800 AUD per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 3,100 AUD or as high as 57,000 AUD. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Sunshine Coast


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Sunshine Coast

Dining, food, and beverages costs


Fast food combo meal

6.6 AUD 13 AUD 22 AUD
MINIMUM AVERAGE MAXIMUM
$4.3 $8.6 $14

Restaurant meal for one

21 AUD 32 AUD 64 AUD
MINIMUM AVERAGE MAXIMUM
$14 $21 $42

Fine dining meal for one

43 AUD 64 AUD 260 AUD
MINIMUM AVERAGE MAXIMUM
$28 $42 $170

Cappuccino or latte

5.5 AUD 8.9 AUD 13 AUD
MINIMUM AVERAGE MAXIMUM
$3.6 $5.8 $8.6

Grocery and market costs


Milk large bottle

4.4 AUD 5.3 AUD 6.6 AUD
MINIMUM AVERAGE MAXIMUM
$2.9 $3.5 $4.3

12 eggs

3.3 AUD 4.4 AUD 6.6 AUD
MINIMUM AVERAGE MAXIMUM
$2.2 $2.9 $4.3

Fresh whole chicken

7.6 AUD 9.8 AUD 14 AUD
MINIMUM AVERAGE MAXIMUM
$4.9 $6.3 $9

Pack of beef

8.9 AUD 13 AUD 27 AUD
MINIMUM AVERAGE MAXIMUM
$5.8 $8.6 $17

Medium bag of rice

3.6 AUD 4.9 AUD 6.9 AUD
MINIMUM AVERAGE MAXIMUM
$2.3 $3.2 $4.5

Bag of tomatos

1.3 AUD 1.8 AUD 3.3 AUD
MINIMUM AVERAGE MAXIMUM
$0.86 $1.2 $2.2

Bag of apples

2.4 AUD 3.1 AUD 5.1 AUD
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $3.3
Chart showing the prices and cost of commute, travel, and transportation in Sunshine Coast


Commute, travel, and transportation costs


20 minutes taxi ride

5.4 AUD 6.4 AUD 13 AUD
MINIMUM AVERAGE MAXIMUM
$3.5 $4.2 $8.4

Average car full tank

33 AUD 44 AUD 89 AUD
MINIMUM AVERAGE MAXIMUM
$22 $29 $58

Average car 1-day rental

31 AUD 42 AUD 62 AUD
MINIMUM AVERAGE MAXIMUM
$20 $27 $41

Average car price

17,000 AUD 33,000 AUD 44,000 AUD
MINIMUM AVERAGE MAXIMUM
$11,000 $22,000 $29,000

Bus ticket one way

1 AUD 1.6 AUD 3.1 AUD
MINIMUM AVERAGE MAXIMUM
$0.68 $1 $2

Car Service

42 AUD 62 AUD 120 AUD
MINIMUM AVERAGE MAXIMUM
$27 $41 $81
Chart showing the prices and cost of utility, energy, water, and gas in Sunshine Coast


Utility cost (monthly)


Utility Bill - Family

150 AUD 440 AUD 2,900 AUD
MINIMUM AVERAGE MAXIMUM
$100 $290 $1,900

Internet and cable

33 AUD 66 AUD 89 AUD
MINIMUM AVERAGE MAXIMUM
$22 $43 $58

Mobile phone charges

27 AUD 44 AUD 130 AUD
MINIMUM AVERAGE MAXIMUM
$17 $29 $86

Leisure and activities costs


Movie ticket

17 AUD 22 AUD 33 AUD
MINIMUM AVERAGE MAXIMUM
$11 $14 $22

One month gym membership

50 AUD 62 AUD 120 AUD
MINIMUM AVERAGE MAXIMUM
$32 $41 $81
Chart showing the prices and cost of clothing and accessories in Sunshine Coast


Cloths and accessories costs


Pair of jeans or pants

37 AUD 52 AUD 78 AUD
MINIMUM AVERAGE MAXIMUM
$24 $34 $51

Woman dress

35 AUD 48 AUD 160 AUD
MINIMUM AVERAGE MAXIMUM
$23 $31 $100

Woman shoes

33 AUD 45 AUD 100 AUD
MINIMUM AVERAGE MAXIMUM
$21 $29 $68

Men's shoes

28 AUD 35 AUD 69 AUD
MINIMUM AVERAGE MAXIMUM
$18 $23 $45

Men suit

31 AUD 39 AUD 210 AUD
MINIMUM AVERAGE MAXIMUM
$20 $25 $140

Regular t-shirt

16 AUD 21 AUD 62 AUD
MINIMUM AVERAGE MAXIMUM
$10 $14 $41
Chart showing the prices and cost of housing, accommodation, and rent in Sunshine Coast


Housing costs / monthly rent


Studio apartment

520 AUD 780 AUD 2,100 AUD
MINIMUM AVERAGE MAXIMUM
$340 $510 $1,400

1-bedroom apartment

780 AUD 1,200 AUD 3,100 AUD
MINIMUM AVERAGE MAXIMUM
$510 $810 $2,000

2-bedroom apartment

1,000 AUD 1,600 AUD 4,200 AUD
MINIMUM AVERAGE MAXIMUM
$680 $1,000 $2,700

Housing costs / Buying


Studio apartment

100,000 AUD 160,000 AUD 310,000 AUD
MINIMUM AVERAGE MAXIMUM
$68,000 $100,000 $200,000

1-bedroom apartment

120,000 AUD 210,000 AUD 780,000 AUD
MINIMUM AVERAGE MAXIMUM
$81,000 $140,000 $510,000

2-bedroom apartment

210,000 AUD 620,000 AUD 1.2M AUD
MINIMUM AVERAGE MAXIMUM
$140,000 $410,000 $810,000
Chart showing the prices and cost of furniture in Sunshine Coast


Furniture Costs


King Size Bed

660 AUD 830 AUD 1,100 AUD
MINIMUM AVERAGE MAXIMUM
$430 $540 $720

Double Bed

440 AUD 660 AUD 830 AUD
MINIMUM AVERAGE MAXIMUM
$290 $430 $540

Single Bed

390 AUD 510 AUD 660 AUD
MINIMUM AVERAGE MAXIMUM
$250 $330 $430

Living Room

740 AUD 950 AUD 3,300 AUD
MINIMUM AVERAGE MAXIMUM
$480 $620 $2,200

Dining Table

330 AUD 440 AUD 830 AUD
MINIMUM AVERAGE MAXIMUM
$220 $290 $540

Sofa or Couch

440 AUD 600 AUD 1,300 AUD
MINIMUM AVERAGE MAXIMUM
$290 $390 $860
Chart showing the prices and cost of electronic devices and appliances in Sunshine Coast


Electronics and House Appliance Costs


TV Set

440 AUD 660 AUD 1,300 AUD
MINIMUM AVERAGE MAXIMUM
$290 $430 $860

Fridge or Freezer

390 AUD 600 AUD 830 AUD
MINIMUM AVERAGE MAXIMUM
$250 $390 $540

Washing Machine

510 AUD 740 AUD 1,300 AUD
MINIMUM AVERAGE MAXIMUM
$330 $480 $860

Stove or Cooker

470 AUD 600 AUD 830 AUD
MINIMUM AVERAGE MAXIMUM
$310 $390 $540

Mobile Phone

550 AUD 660 AUD 950 AUD
MINIMUM AVERAGE MAXIMUM
$360 $430 $620

Laptop or Computer

600 AUD 740 AUD 1,300 AUD
MINIMUM AVERAGE MAXIMUM
$390 $480 $860
Family cost of living and expenditure to income ratio in Sunshine Coast

Family expenditure to income ratio in Sunshine Coast

Analysing the how affordable it is for families to live in Sunshine Coast

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

81%

72% to 89%

( expenditure / income ) x 100


Families in Sunshine Coast spend around 81% of their monthly income. Some families spend as low as 72% of their income while some as high as 89%.

Distribution of monthly cost of living expenses of a family in Sunshine Coast

How do families spend their money in Sunshine Coast?

We asked thousands of families about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for families

Accomodation Cost28%

28% of total expenses on average (23% to 38%)

LOW$640   990 AUD
AVERAGE$1,800   2,800 AUD
HIGH$12,000   18,000 AUD
Per Month

Families in Sunshine Coast typically spend from 23% to 38% of their total monthly expenditure on housing with 28% being the average. The average monthly spend on housing is 2,800 AUD with expenditure ranging from 990 AUD to 18,000 AUD. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities4%

4% of total expenses on average (2% to 7%)

LOW$100   150 AUD
AVERAGE$290   440 AUD
HIGH$1,900   2,900 AUD
Per Month

Utility expenditure like electricity, water, and gas in Sunshine Coast ranges from 2% to 7% of total expenses with 4% being the average for most families. The average monthly cost of utilities is 440 AUD with 150 AUD and 2,900 AUD being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel6%

6% of total expenses on average (4% to 8%)

LOW$200   310 AUD
AVERAGE$570   880 AUD
HIGH$3,700   5,700 AUD
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 310 AUD to 5,700 AUD in a month on commuting with 880 AUD being the norm for most families. This means that money spent on transport constitutes about 6% of total spending on average but can go as low as 4% or as high as 8%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost20%

20% of total expenses on average (13% to 26%)

LOW$360   560 AUD
AVERAGE$1,000   1,600 AUD
HIGH$6,700   10,000 AUD
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Sunshine Coast is 1,600 AUD. The cost of groceries can range between 560 AUD to 10,000 AUD. Families spend on average about 20% on food and groceries with upper and lower bounds of 13% and 26% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare10%

10% of total expenses on average (6% to 15%)

LOW$180   280 AUD
AVERAGE$570   880 AUD
HIGH$3,000   4,600 AUD
Per Month

Families in Sunshine Coast allocate 6% to 15% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 10%. The range of medical expenses range from 280 AUD to 4,600 AUD with 880 AUD being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping4%

4% of total expenses on average (2% to 8%)

LOW$100   150 AUD
AVERAGE$290   440 AUD
HIGH$1,900   2,900 AUD
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 150 AUD to 2,900 AUD with 440 AUD being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most families.

Education and schooling expenditure for families

Cost of education and schooling14%

14% of total expenses on average (7% to 22%)

LOW$280   430 AUD
AVERAGE$800   1,200 AUD
HIGH$5,200   8,000 AUD
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 14% of the monthly expenditure of families with 7% and 22% being the lower and upper bounds respectively. The average reported education cost is 1,200 AUD per month with 430 AUD being the minimum spent amount and 8,000 AUD being the maximum.

Other Expenses14%

14% of total expenses on average (7% to 19%)

LOW$160   250 AUD
AVERAGE$460   710 AUD
HIGH$3,000   4,600 AUD
Per Month
Percentage of families who manage to save money from their income every month in Sunshine Coast

What percentage of families in Sunshine Coast are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
59%
Not Saving
41%

Almost 59% of surveyed families in Sunshine Coast said that they can save some money at the end of each month while 41% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Sunshine Coast

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do families manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

9.3% 16% of income 26%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,300 AUD
$830
3,700 AUD
$2,400
24,000 AUD
$15,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%36%
10% - 20%28%
20% - 30%20%
30% - 40%8%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 9.3% to 26% of their monthly income to their savings, with 16% being the average for most families. The average monthly amount of money that families can put aside is 3,700 AUD with 1,300 AUD and 24,000 AUD being the minimum and maximum respectively.

Reasons that make it difficult for families to save money in Sunshine Coast

Saving Challenges in Sunshine Coast

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Sunshine Coast. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans17%
Lack of Budgeting Skills10%
Impulsive Spending10%
Financial Emergencies6%
Living the moment7%
Will do it later17%
Inflation11%
Social Pressure3%
Market Instability3%

Around 6% of the families said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 17% of the residents said that they are burdened with debt and find it challenging to save money. 10% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% of families blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 7% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 17% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 11% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do families choose to put their savings in Sunshine Coast

Typical saving choices for families in Sunshine Coast

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold10%
Savings Accounts17%
Retirement Accounts11%
Cash Savings17%
Real Estate10%
Investment6%
Stocks6%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for families to live in Sunshine Coast

Affordable living in Sunshine Coast

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Sunshine Coast?


Yes
72%
No
28%

Around 72% of surveyed families think that living in Sunshine Coast is affordable with proper budgeting while 28% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Sunshine Coast

Low-cost alternatives in Sunshine Coast

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options56%

Few low-cost options44%


Based on the survey, 56% of the families living in Sunshine Coast have no problem finding low-cost alternatives to support a frugal lifestyle while 44% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked families of Sunshine Coast whether they have an emergency fund and the answers were as follows.

Yes69%

No31%


Based on the survey, 31% of the families living in Sunshine Coast said that they don't have an emergency fund while 69% said that they do.

Financial literacy and difficulty in budgeting and financial planning for families in Sunshine Coast

Financial Literacy in Australia

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy73%


We asked family guardians and parents in Sunshine Coast whether they acquired any adequate personal financial training in their lives. Approximately 27% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 73% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether families of Australia have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 27% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 73% said that they have everything under control.

Struggles with finance27%

Easily manages finances73%

Financial goals and targets of families living in Sunshine Coast

Financial goals of families in Sunshine Coast

In an attempt to understand the economic situation in Sunshine Coast, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction34%
Retirement Savings8%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle10%
Healthcare Expenses10%
Financial Independence8%

Around 7% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 34% said their number one priority is to pay off high-interest debt or loans and improve credit. 8% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 10% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 10% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of families who are in debt in Sunshine Coast

Debt, loans, and mortgages in Sunshine Coast


Percentage of families who are in debt


In Debt
26%
Debt Free
74%

According to the survey, 26% of the families in Sunshine Coast have some kind of debt, loan, mortgage, or credit card payments while 74% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Sunshine Coast

Debt-to-income ratio in Sunshine Coast

Debt to income ratio

26%

18% to 34%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 26% of a family's monthly income in Sunshine Coast goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%12%
40% - 50%12%
30% - 40%14%
20% - 30%14%
10% - 20%18%
0% - 10%27%

According to our data, 3% of the debtors in Sunshine Coast pay 60%+ of their income as debt settlement while 12% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 12% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 14% dedicated 30% to 40% of income for same. Things are looking brighter for 14% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Sunshine Coast

Debt% People
Real Estate Mortgage12%
Auto Loan21%
Student Loan3%
Credit Card26%
Personal Loan37%

12% of debtors in Sunshine Coast confirm that real estate mortgages constitutes the main part of their outstanding debt while 26% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 21% of people and personal loans rose at 37%. Lastly, student loans are the main source of debt for 3% of debtors in Sunshine Coast.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Sunshine Coast

Besides measuring the loan-to-income ratio, we asked families of Sunshine Coast how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never54%
Once a year22%
Twice a year11%
Three times a year8%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Sunshine Coast

Housing costs, accommodation, and housing affordability in Sunshine Coast

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Sunshine Coast

Monthly Rent Prices

Studio apartment monthly rent cost

520 AUD 780 AUD 2,100 AUD
MINIMUM AVERAGE MAXIMUM
$340 $510 $1,400

1-bedroom apartment monthly rent cost

780 AUD 1,200 AUD 3,100 AUD
MINIMUM AVERAGE MAXIMUM
$510 $810 $2,000

2-bedroom apartment monthly rent cost

1,000 AUD 1,600 AUD 4,200 AUD
MINIMUM AVERAGE MAXIMUM
$680 $1,000 $2,700

3-bedroom apartment monthly rent cost

1,200 AUD 2,100 AUD 5,700 AUD
MINIMUM AVERAGE MAXIMUM
$810 $1,400 $3,700

Furnished apartment monthly rent cost

2,500 AUD 6,200 AUD 12,000 AUD
MINIMUM AVERAGE MAXIMUM
$1,600 $4,100 $8,100

Townhouse monthly rent cost

2,100 AUD 3,100 AUD 8,900 AUD
MINIMUM AVERAGE MAXIMUM
$1,400 $2,000 $5,800

House monthly rent cost

2,500 AUD 6,200 AUD 12,000 AUD
MINIMUM AVERAGE MAXIMUM
$1,600 $4,100 $8,100

Villa monthly rent cost

3,100 AUD 7,800 AUD 12,000 AUD
MINIMUM AVERAGE MAXIMUM
$2,000 $5,100 $8,100

The monthly rental cost of a studio apartment in Sunshine Coast ranges between 520 AUD and 2,100 AUD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 780 AUD to 3,100 AUD. Two-bedroom rentals rate ranges between 1,000 AUD and 4,200 AUD per month. The monthly rental for a three-bedroom apartment ranges from 1,200 AUD to 5,700 AUD. The average rent of a townhouse in Sunshine Coast is around 3,100 AUD while house rental costs can be as high as 6,200 AUD per month. Finally, if you want to rent a villa, expect to pay anywhere from 3,100 AUD to 12,000 AUD per month.



Apartment and house prices in Sunshine Coast

Cost of buying a property

Studio apartment price

100,000 AUD 160,000 AUD 310,000 AUD
MINIMUM AVERAGE MAXIMUM
$68,000 $100,000 $200,000

1-bedroom apartment price

120,000 AUD 210,000 AUD 780,000 AUD
MINIMUM AVERAGE MAXIMUM
$81,000 $140,000 $510,000

2-bedroom apartment price

210,000 AUD 620,000 AUD 1.2M AUD
MINIMUM AVERAGE MAXIMUM
$140,000 $410,000 $810,000

3-bedroom apartment price

690,000 AUD 1M AUD 3.1M AUD
MINIMUM AVERAGE MAXIMUM
$450,000 $680,000 $2M

Townhouse price

890,000 AUD 2.1M AUD 7.8M AUD
MINIMUM AVERAGE MAXIMUM
$580,000 $1.4M $5.1M

House price

1M AUD 6.2M AUD 8.9M AUD
MINIMUM AVERAGE MAXIMUM
$680,000 $4.1M $5.8M

Villa price

1.2M AUD 6.9M AUD 10M AUD
MINIMUM AVERAGE MAXIMUM
$810,000 $4.5M $6.8M

The average price of a studio apartment in Sunshine Coast can range from 100,000 AUD to 310,000 AUD depending on location. One bedroom cost can be anywhere from 120,000 AUD to 780,000 AUD. A villa can cost you 6.9M AUD on average with prices ranging from 1.2M AUD to 10M AUD.


If you're leasing or purchasing, housing costs in Sunshine Coast will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


39 x114 monthly income 198
MINIMUM AVERAGE MAXIMUM

Property prices in Sunshine Coast can be x114 to x198 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x114 multiples of the average monthly salary in Sunshine Coast.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 30% of income 39%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Sunshine Coast is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 20% to 39% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
27%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.2%
AVERAGE
3.2%
TO
4.1%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


8.8 AUD 110 AUD 1,100 AUD
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Sunshine Coast

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Sunshine Coast

Utility Bill Cost / Electricity + Water + Gas / Family

150 AUD 440 AUD 2,900 AUD
MINIMUM AVERAGE MAXIMUM
$100 $290 $1,900

Internet and cable cost

33 AUD 66 AUD 89 AUD
MINIMUM AVERAGE MAXIMUM
$22 $43 $58

Mobile phone bill and charges

27 AUD 44 AUD 130 AUD
MINIMUM AVERAGE MAXIMUM
$17 $29 $86

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of families is around 440 AUD. The cost of internet and WiFi ranges from 33 AUD to 89 AUD with 66 AUD being the average internet bill. Finally, the average monthly mobile charges is around 44 AUD but can range between 27 AUD and 130 AUD depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1.9% 4.6% of income 8.3%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Sunshine Coast is around 4.6%. This means that people pay 4.6% of their income for energy, water, internet, and mobile charges. Those figures can range from 1.9% to 8.3% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Sunshine Coast

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Sunshine Coast

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

6.6 AUD 13 AUD 22 AUD
MINIMUM AVERAGE MAXIMUM
$4.3 $8.6 $14

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Sunshine Coast is approximatly 13 AUD with meal cost ranging from 6.6 AUD to 22 AUD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

21 AUD 32 AUD 64 AUD
MINIMUM AVERAGE MAXIMUM
$14 $21 $42

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 21 AUD and 64 AUD with 32 AUD being the average price of a plate for one person at a regular restaurant in Sunshine Coast.

Fine dining meal for one price

43 AUD 64 AUD 260 AUD
MINIMUM AVERAGE MAXIMUM
$28 $42 $170

The price range of a meal at fine-dining restaurant is 43 AUD to 260 AUD with the average cost being 64 AUD for one person. This is what you would expect to pay a top-tier diner in Sunshine Coast.

Beverage prices, cappuccino, latte etc..

5.5 AUD 8.9 AUD 13 AUD
MINIMUM AVERAGE MAXIMUM
$3.6 $5.8 $8.6

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Sunshine Coast is around 8.9 AUD. Price ranges between 5.5 AUD and 13 AUD depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

4.4 AUD 5.3 AUD 6.6 AUD
MINIMUM AVERAGE MAXIMUM
$2.9 $3.5 $4.3

The average price of a large bottle of milk in Sunshine Coast is 5.3 AUD. The maximum what you would pay for milk is 6.6 AUD and the minimum being 4.4 AUD depending on the brand of milk and other properties.

12 eggs price

3.3 AUD 4.4 AUD 6.6 AUD
MINIMUM AVERAGE MAXIMUM
$2.2 $2.9 $4.3

A dozen eggs costs around 4.4 AUD on average with 3.3 AUD and 6.6 AUD being the lower and upper limits respectively.

Fresh whole chicken price

7.6 AUD 9.8 AUD 14 AUD
MINIMUM AVERAGE MAXIMUM
$4.9 $6.3 $9

The price range of a fresh whole chicken in Sunshine Coast is between 7.6 AUD and 14 AUD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 9.8 AUD.

Pack of beef price

8.9 AUD 13 AUD 27 AUD
MINIMUM AVERAGE MAXIMUM
$5.8 $8.6 $17

The price of a regular pack of beef or meat is around 13 AUD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

3.6 AUD 4.9 AUD 6.9 AUD
MINIMUM AVERAGE MAXIMUM
$2.3 $3.2 $4.5

A bag of rice in Sunshine Coast costs around 4.9 AUD on average with prices rangeing between 3.6 AUD and 6.9 AUD depending on the brand and quality.

Bag of tomatos price

1.3 AUD 1.8 AUD 3.3 AUD
MINIMUM AVERAGE MAXIMUM
$0.86 $1.2 $2.2

A bag of tomatoes costs anywhere from 1.3 AUD to 3.3 AUD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

2.4 AUD 3.1 AUD 5.1 AUD
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $3.3

A bag of apples costs 3.1 AUD on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 23% of income 29%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Sunshine Coast is around 23%. This means that families spend 23% of their income on grocery and basic household items. The expenditure can range from 16% to 29% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 560 AUD to 10,000 AUD with the location, income, and size of the family being the most determinite factors.

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