🏡 Cost of Living Across Tasmania: A Regional Comparison (2024)
Tasmania offers a diverse range of living experiences, from bustling urban centers to serene rural towns. Understanding the cost of living in different regions can help prospective residents make informed decisions. Below is a detailed comparison of key expenses across Tasmania's major regions.
🏙️ Greater Hobart Area
Housing:
Average weekly rent for a two-bedroom unit: $495
Three-bedroom house: $550 per week
Utilities:
Basic monthly utilities (electricity, heating, cooling, water, garbage) for a 915 sq ft apartment: $400
Groceries:
Milk (1 litre): $10.13
Loaf of white bread: $4.08
Eggs (12): $6.80
Chicken fillets (1 lb): $9.30
Transportation:
Gasoline (1 litre): $7.64
Internet:
Monthly cost for 60 Mbps or more, unlimited data: $165
🌄 Northern Tasmania (Launceston and Surrounds)
Housing:
Average weekly rent for a two-bedroom unit: $350
Three-bedroom house: $480 per week
Utilities and Groceries:
Generally comparable to Hobart, with slight variations depending on specific locations and service providers.
Transportation:
Gasoline prices are similar to those in Hobart.
Internet:
Availability and pricing are comparable to Hobart, though some rural areas may have limited access.
🏞️ North-West Tasmania (Devonport, Burnie, and Surrounds)
Housing:
Average weekly rent for a two-bedroom unit: $290
Three-bedroom house: $415 per week
Utilities and Groceries:
Costs are generally lower than in Hobart and Launceston, reflecting the region's more affordable living standards.
Transportation:
Gasoline prices are on par with the rest of the state.
Internet:
Service availability may vary, with some remote areas experiencing limited connectivity.
💡 Additional Considerations
Inflation: Hobart recorded a 1.5% increase in the Consumer Price Index (CPI) for the year to December 2024, the lowest annual increase among Australian capital cities.
Grocery Prices: Tasmanian’s reportedly pay approximately 25% more for groceries compared to mainland Australians, partly due to limited competition among supermarkets.
Childcare Costs: Childcare fees vary across the state, with some suburbs experiencing higher costs due to demand and limited availability.
Understanding these regional cost differences is crucial for anyone considering a move to Tasmania. While Hobart offers urban amenities, other regions provide more affordable living options, each with its unique lifestyle benefits.
