• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

  • Home
  • Start Here
    • Back to Basics of Trading
    • Resource For Traders – The Best Tools for Traders
    • Learn Trading Articles
    • Sierra Chart Resource
  • Blog
    • Blog Posts
    • Other learning resource
    • Dummy Collection
    • Harmonic setups
  • About Me

Living

by Gav 8 Comments

So I have stayed here for 2 months. how much is the basic living cost of Melbourne?

Here are the approximate daily essential expenses:

  • Rental (for a 2 bed room apartment) :AUD 44
  • Transportation (Assuming you are staying in the Zone 1, cost will raise when staying in Zone 2) :AUD 3.4
  • Food & drink (3 basic meals a day): AUD 20
  • Utility (Water & Electricity): AUD 5

So , by doing nothing, you need around AUD$72.4 (~ USD61.54) a day to live in Melbourne city.

So you need to at least earned AUD 2300 (USD 1955) a month from your day job if you wanna survive inΒ  this city.

I am not sure about other countries, but in Singapore, it is roughly as below:

Daily expenses:

  • Rental (2-bedroom flat): SGD 40
  • Transportation: SGD 4
  • Food & Drink : SGD 15
  • Utility: SGD 4

Daily total: SGD 63 (~ USD 41)

These are all very basic livng cost, excluding alcohol, weekend dinners, entertainment etc.

Looking at this, well…work harder buddy.

Filed Under: Life Tagged With: fun

Reader Interactions

Comments

  1. eyal says

    at 12:00 pm

    Dude, the only place you can get in Singapore these days for S$40 a day is an old HDB in Jurong, at the furthest point from the MRT πŸ˜‰

    Btw, I would include in basic costs things like medical, dental, etc. even clothing is a must spend, unless you guys walk around naked in Aus πŸ˜‰

    Reply
  2. eyal says

    at 10:00 pm

    Dude, the only place you can get in Singapore these days for S$40 a day is an old HDB in Jurong, at the furthest point from the MRT πŸ˜‰

    Btw, I would include in basic costs things like medical, dental, etc. even clothing is a must spend, unless you guys walk around naked in Aus πŸ˜‰

    Reply
  3. Caravaggio says

    at 12:22 pm

    Interesting info … potential foundations for a long-term AUD/SGD trade !

    Reply
  4. Caravaggio says

    at 10:22 pm

    Interesting info … potential foundations for a long-term AUD/SGD trade !

    Reply
  5. eyal says

    at 5:19 am

    It was the same in kiwiland, even people in high paying IT jobs count every dollar and won’t buy lunch. Drove me mad when I lived there, I’m just too used to the Asian cultures of Sg and HK.

    Reply
  6. Gav says

    at 1:16 am

    Eyal: You’re right. My bad. I left out the important stuff, giving the fact that I just spent AUD200 for a winter coat. Dang! Anyway, after doing this kinda silly calculations, I understand why ‘lunch box’ culture is so common in my office. It is costly to have lunch in Melbourne CBD.

    Caravaggio: A matter of fact, AUD/SGD is my biggest FX position now πŸ™‚

    Reply
  7. Gav says

    at 11:16 am

    Eyal: You’re right. My bad. I left out the important stuff, giving the fact that I just spent AUD200 for a winter coat. Dang! Anyway, after doing this kinda silly calculations, I understand why ‘lunch box’ culture is so common in my office. It is costly to have lunch in Melbourne CBD.

    Caravaggio: A matter of fact, AUD/SGD is my biggest FX position now πŸ™‚

    Reply
  8. eyal says

    at 3:19 pm

    It was the same in kiwiland, even people in high paying IT jobs count every dollar and won’t buy lunch. Drove me mad when I lived there, I’m just too used to the Asian cultures of Sg and HK.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Tools For Traders

My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

About Me

Footer

Recommend FX Charting

Recommended Training

FXSAnalytics

Copyright © 2023 Β· Affiliate Disclosure Β· Privacy