Cost of Living from 16 Cities in Oceania
What you should know to plan your budget to explore or expat to Oceania!
Where To Go Next
It's always nice to know a lot of nice places but, as entrepreneur, especially if you are beginning your journey in business, a cheap place to live could be nice. That's why we found a list of place to stay that will appear from the most expensive one until the cheapest according to the Cost of Living Index in Oceania. What is the Cost of Living Index? To calculate each city's Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague. Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.
Cost of Living from 16 Cities in Oceania
Here's some pictures with the price index of 16 cities in Oceania. Some may vary but click on the link of the image to see the updated information or see the list of the 9 main cities at the bottom ranked in order. (Note that with recent crisis data may vary a lot. Click on the link or image to get the updated status)
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| Ranking | City | Price Index: * |
|---|---|---|
| 1st | Auckland (New Zealand) | 179 |
| 2nd | Sydney (Australia) | 175 |
| 3rd | Wellington (New Zealand) | 159 |
| 4th | Melbourne (Australia) | 158 |
| 5th | Canberra (Australia) | 154 |
| 6th | Brisbane (Australia) | 152 |
| 7th | Hobart (Australia) | 141 |
| 8th | Adelaide (Australia) | 140 |
| 9th | Perth (Australia) | 140 |
Price Index:
To calculate each city’s Price Index value, we start by assigning a value of 100 to a central reference city (that happens to be Prague). Once the reference point has been established, the Price Index value of every other city in the database is calculated by comparing their cost of living to the cost of living in Prague.
Therefore, if a city has a Price Index of 134, that means that living there is 34% more expensive than living in Prague.
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