Perth’s cost of living advantage is about to widen
A new Deloitte report shows that Perth is Australia’s cheapest capital city to live while offering higher than average incomes:
[Deloitte] found the average Perth household spent around $1630 a week on the consumption of goods and services — including housing costs.
That was around 10 per cent lower than the average household in Melbourne ($1805), 19 per cent lower than Brisbane ($2002), and 24 per cent lower than Sydney ($2143).
Perth families spent around $271 per week on food and non-alcoholic beverages, compared to $332 in Sydney, $302 in Melbourne and $286 in Brisbane.
When it came to housing, rent or mortgages cost $480 per week on average in Perth. That was nearly half the $778 spent in Brisbane, $735 in Sydney and $527 in Melbourne.
Meanwhile, the median weekly household income in Perth was $2027, second only to Sydney ($2146) and ahead of both Melbourne ($1958) and Brisbane ($1962)…
“With high wages and low living costs, it is the perfect combination” [Premier Mark McGowan said].
Perth’s cost of living advantage will only continue to grow due to WA’s gas reservation policy.
While Australia’s east coast is paying $40Gj to $65Gj for gas, Western Australian residents and businesses are paying just $5.50Gj.
Soon, east coast electricity prices will spike, while Western Australians continue to enjoy cheap and abundant energy costs.
Basically, Perth residents have been sheltered from the gas cartel’s war profiteering, while east coast residents are being ruthlessly plundered.
