When comparing living expenses in Australia and Canada, several factors come into play, including housing, transportation, groceries, healthcare, and other daily costs. Here’s a general overview of living expenses in both countries:

1. Housing Costs:

• Canada:

  • Rent: Average rent for a 2-bedroom apartment in a major city ranges from CAD $1,500 to $2,500 per month.
  • Utilities: Additional costs for electricity, water, and internet are approximately CAD $200 to $400 per month.

• Australia:

  • Rent: Average rent for a 2-bedroom apartment in a major city ranges from AUD $2,000 to $3,000 per month.
  • Utilities: Additional costs for electricity, water, and internet are approximately AUD $300 to $500 per month.

2. Grocery Costs:

• Canada: Monthly grocery costs for a family of two range from CAD $600 to $800.
• Australia: Monthly grocery costs for a family of two range from AUD $800 to $1,000.

3. Transportation Costs:

• Canada:

  • Public Transportation: Average monthly cost for a family of two is CAD $150 to $250.
  • Car Ownership: Additional costs for owning a car (fuel, insurance, maintenance) are about CAD $500 to $800 per month.

• Australia:

  • Public Transportation: Average monthly cost for a family of two is AUD $150 to $300.
  • Car Ownership: Additional costs for owning a car (fuel, insurance, maintenance) are about AUD $600 to $900 per month.

4. Healthcare Costs:

• Canada: The public healthcare system covers most basic health services, but private insurance or out-of-pocket costs for non-covered services average CAD $150 to $300 per month.
• Australia: Health insurance (Medicare and private coverage) costs range from AUD $200 to $400 per month, depending on coverage.

5. Insurance Costs:

• Canada: Health insurance costs for a family of two are around CAD $150 to $300 per month.
• Australia: Health insurance costs for a family of two are around AUD $200 to $400 per month.

6. Other Expenses:

• Canada: Costs for childcare, education, and healthcare tend to be lower compared to Australia. Dining out and entertainment can be more affordable.
• Australia: Costs for childcare and education are generally higher, but dining out and entertainment can be less expensive compared to Canada.

7. Average Salaries:

• Canada:

  • Engineers: CAD $75,000 - $100,000 per year
  • Registered Nurses: CAD $60,000 - $80,000 per year
  • IT Professionals: CAD $65,000 - $120,000 per year

• Australia:

  • Engineers: AUD $80,000 - $120,000 per year
  • Registered Nurses: AUD $60,000 - $90,000 per year
  • IT Professionals: AUD $80,000 - $150,000 per year

8. Cost of Living Index:

• The cost of living index is generally higher in Australia compared to Canada, reflecting higher prices for housing, groceries, and healthcare in Australia.