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Cost of Living in Geelong 2026

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

Quick Summary

Monthly cost (single, 1br)

$2,752

Annual cost

$33,020

Salary needed

$57,000

Cost index

78 (Syd = 100)

Full Cost Breakdown — Geelong 2026

ExpenseWeeklyMonthlyAnnual
Rent (1br apartment)$400$1,733$20,800
Rent (2br apartment)$510$2,210$26,520
Groceries (single)$115$498$5,980
Utilities$57$245$2,940
Transport$39$170$2,040
Internet & Phone$24$105$1,260
Total (with 1br rent)$635$2,752$33,020

Salary Needed to Live Comfortably in Geelong

Essential expenses (annual)$33,020
+ 20% discretionary buffer$6,604
After-tax income needed$40,000/year
Pre-tax salary needed (~30% tax rate)$57,000/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.

Geelong vs National Average

CategoryGeelongNational AvgDifference
Rent (1br/week)$400$490-18.4%
Groceries/week$115$123-6.5%
Utilities/month$245$255-3.9%
Transport/month$170$182-6.6%
Petrol/litre$1.95$1.98-1.5%
Median house$750,000$880,000-14.8%

Property Prices in Geelong 2026

Median House Price

$750,000

Median Unit Price

$520,000

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Frequently Asked Questions

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

The estimated cost of living in Geelong for a single person renting a 1-bedroom apartment is approximately $2,751.67/month or $33,020/year, covering rent, groceries, utilities, transport, and internet/phone.

What salary do you need to live comfortably in Geelong?

To live comfortably in Geelong in 2026, you need a gross salary of approximately $57,000 per year. This covers essential expenses plus a 20% buffer for discretionary spending and accounts for income tax.

Is Geelong expensive compared to other Australian cities?

Geelong has a cost of living index of 78 (Sydney = 100). It is one of the more affordable major cities in Australia.

How much is rent in Geelong in 2026?

Average weekly rent in Geelong is $400 for a 1-bedroom apartment and $510 for a 2-bedroom apartment (2026 estimates).

What is the median house price in Geelong?

The median house price in Geelong is approximately $750,000, while the median unit price is $520,000 (2026 estimates).

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