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Cost of Living in Canberra 2026

Full breakdown of living costs in Canberra, ACT — rent, groceries, utilities, transport, and property prices.

Quick Summary

Monthly cost (single, 1br)

$3,410

Annual cost

$40,920

Salary needed

$70,000

Cost index

88 (Syd = 100)

Full Cost Breakdown — Canberra 2026

ExpenseWeeklyMonthlyAnnual
Rent (1br apartment)$530$2,297$27,560
Rent (2br apartment)$680$2,947$35,360
Groceries (single)$130$563$6,760
Utilities$62$270$3,240
Transport$39$170$2,040
Internet & Phone$25$110$1,320
Total (with 1br rent)$787$3,410$40,920

Salary Needed to Live Comfortably in Canberra

Essential expenses (annual)$40,920
+ 20% discretionary buffer$8,184
After-tax income needed$49,000/year
Pre-tax salary needed (~30% tax rate)$70,000/year

Based on a single person renting a 1-bedroom apartment. Assumes ~30% effective tax rate at this income level. Use our take-home pay calculator for an exact after-tax breakdown.

Canberra vs National Average

CategoryCanberraNational AvgDifference
Rent (1br/week)$530$490+8.2%
Groceries/week$130$123+5.7%
Utilities/month$270$255+5.9%
Transport/month$170$182-6.6%
Petrol/litre$1.95$1.98-1.5%
Median house$1,000,000$880,000+13.6%

Property Prices in Canberra 2026

Median House Price

$1,000,000

Median Unit Price

$580,000

Calculate stamp duty with our stamp duty calculator or check mortgage repayments.

Frequently Asked Questions

How much does it cost to live in Canberra in 2026?

The estimated cost of living in Canberra for a single person renting a 1-bedroom apartment is approximately $3,410/month or $40,920/year, covering rent, groceries, utilities, transport, and internet/phone.

What salary do you need to live comfortably in Canberra?

To live comfortably in Canberra in 2026, you need a gross salary of approximately $70,000 per year. This covers essential expenses plus a 20% buffer for discretionary spending and accounts for income tax.

Is Canberra expensive compared to other Australian cities?

Canberra has a cost of living index of 88 (Sydney = 100). It is moderately priced compared to other major Australian cities.

How much is rent in Canberra in 2026?

Average weekly rent in Canberra is $530 for a 1-bedroom apartment and $680 for a 2-bedroom apartment (2026 estimates).

What is the median house price in Canberra?

The median house price in Canberra is approximately $1,000,000, while the median unit price is $580,000 (2026 estimates).

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.