SavingsMate

Cost of Living: Canberra vs Newcastle (2026)

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

The Verdict

Newcastle is $4,920/year cheaper than Canberra. You need to earn approximately $8,000 more per year to maintain the same lifestyle in Canberra compared to Newcastle.

Side-by-Side Cost Comparison

CategoryCanberraNewcastleWinner
Rent (1br/week)$530$450Newcastle
Rent (2br/week)$680$580Newcastle
Groceries/week$130$120Newcastle
Utilities/month$270$250Newcastle
Transport/month$170$175Canberra
Internet & Phone/month$110$105Newcastle
Petrol/litre$1.95$1.98Canberra
Median house price$1,000,000$850,000Newcastle
Median unit price$580,000$620,000Canberra
Cost of living index8882Newcastle

How Much More Do You Need to Earn?

Salary needed in Canberra$70,000/year
Salary needed in Newcastle$62,000/year
Difference+$8,000/year
After-tax income difference$6,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Newcastle ($80 cheaper)
Rent (2br/week)Newcastle ($100 cheaper)
Groceries/weekNewcastle ($10 cheaper)
Utilities/monthNewcastle ($20 cheaper)
Transport/monthCanberra ($5 cheaper)
Internet & Phone/monthNewcastle ($5 cheaper)

Net Difference in Annual Costs

Annual cost in Canberra$40,920
Annual cost in Newcastle$36,000
Net difference$4,920/year

Living in Newcastle saves you $4,920 per year compared to Canberra. That is $410/month or $95/week.

Frequently Asked Questions

Is Canberra or Newcastle cheaper to live in?

Newcastle is cheaper to live in than Canberra by approximately $4,920 per year. Newcastle has a cost of living index of 82 compared to 88 for Canberra (Sydney = 100).

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

You need to earn approximately $8,000 more per year (pre-tax) to maintain the same standard of living in Canberra compared to Newcastle.

Is rent cheaper in Canberra or Newcastle?

A 1-bedroom apartment costs $530/week in Canberra and $450/week in Newcastle. Newcastle is cheaper for rent by $80/week.

Are groceries more expensive in Canberra or Newcastle?

Weekly groceries for a single person cost $130 in Canberra and $120 in Newcastle. Newcastle is cheaper for groceries.

Which city has cheaper property — Canberra or Newcastle?

The median house price in Canberra is $1,000,000 compared to $850,000 in Newcastle. Newcastle has cheaper property.

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