SavingsMate

Cost of Living: Canberra vs Geelong (2026)

Side-by-side comparison of living costs between Canberra and Geelong, Australia.

The Verdict

Geelong is $7,900/year cheaper than Canberra. You need to earn approximately $13,000 more per year to maintain the same lifestyle in Canberra compared to Geelong.

Side-by-Side Cost Comparison

CategoryCanberraGeelongWinner
Rent (1br/week)$530$400Geelong
Rent (2br/week)$680$510Geelong
Groceries/week$130$115Geelong
Utilities/month$270$245Geelong
Transport/month$170$170Tie
Internet & Phone/month$110$105Geelong
Petrol/litre$1.95$1.95Tie
Median house price$1,000,000$750,000Geelong
Median unit price$580,000$520,000Geelong
Cost of living index8878Geelong

How Much More Do You Need to Earn?

Salary needed in Canberra$70,000/year
Salary needed in Geelong$57,000/year
Difference+$13,000/year
After-tax income difference$9,000/year

Check exactly what you take home with our take-home pay calculator.

Which City is Cheaper — Category by Category

Rent (1br/week)Geelong ($130 cheaper)
Rent (2br/week)Geelong ($170 cheaper)
Groceries/weekGeelong ($15 cheaper)
Utilities/monthGeelong ($25 cheaper)
Transport/monthTie
Internet & Phone/monthGeelong ($5 cheaper)

Net Difference in Annual Costs

Annual cost in Canberra$40,920
Annual cost in Geelong$33,020
Net difference$7,900/year

Living in Geelong saves you $7,900 per year compared to Canberra. That is $658/month or $152/week.

Frequently Asked Questions

Is Canberra or Geelong cheaper to live in?

Geelong is cheaper to live in than Canberra by approximately $7,900 per year. Geelong has a cost of living index of 78 compared to 88 for Canberra (Sydney = 100).

How much more do you need to earn in Canberra compared to Geelong?

You need to earn approximately $13,000 more per year (pre-tax) to maintain the same standard of living in Canberra compared to Geelong.

Is rent cheaper in Canberra or Geelong?

A 1-bedroom apartment costs $530/week in Canberra and $400/week in Geelong. Geelong is cheaper for rent by $130/week.

Are groceries more expensive in Canberra or Geelong?

Weekly groceries for a single person cost $130 in Canberra and $115 in Geelong. Geelong is cheaper for groceries.

Which city has cheaper property — Canberra or Geelong?

The median house price in Canberra is $1,000,000 compared to $750,000 in Geelong. Geelong has cheaper property.

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