SavingsMate

Cost of Living: Hobart vs Newcastle (2026)

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

The Verdict

Hobart is $1,644/year cheaper than Newcastle. You need to earn approximately $3,000 less per year to maintain the same lifestyle in Hobart compared to Newcastle.

Side-by-Side Cost Comparison

CategoryHobartNewcastleWinner
Rent (1br/week)$420$450Hobart
Rent (2br/week)$530$580Hobart
Groceries/week$120$120Tie
Utilities/month$260$250Newcastle
Transport/month$155$175Hobart
Internet & Phone/month$108$105Newcastle
Petrol/litre$2.00$1.98Newcastle
Median house price$700,000$850,000Hobart
Median unit price$480,000$620,000Hobart
Cost of living index8082Hobart

How Much More Do You Need to Earn?

Salary needed in Hobart$59,000/year
Salary needed in Newcastle$62,000/year
Difference-$3,000/year
After-tax income difference$2,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Hobart ($30 cheaper)
Rent (2br/week)Hobart ($50 cheaper)
Groceries/weekTie
Utilities/monthNewcastle ($10 cheaper)
Transport/monthHobart ($20 cheaper)
Internet & Phone/monthNewcastle ($3 cheaper)

Net Difference in Annual Costs

Annual cost in Hobart$34,356
Annual cost in Newcastle$36,000
Net difference$1,644/year

Living in Hobart saves you $1,644 per year compared to Newcastle. That is $137/month or $32/week.

Frequently Asked Questions

Is Hobart or Newcastle cheaper to live in?

Hobart is cheaper to live in than Newcastle by approximately $1,644 per year. Hobart has a cost of living index of 80 compared to 82 for Newcastle (Sydney = 100).

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

You need to earn approximately $3,000 more per year (pre-tax) to maintain the same standard of living in Newcastle compared to Hobart.

Is rent cheaper in Hobart or Newcastle?

A 1-bedroom apartment costs $420/week in Hobart and $450/week in Newcastle. Hobart is cheaper for rent by $30/week.

Are groceries more expensive in Hobart or Newcastle?

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

Which city has cheaper property — Hobart or Newcastle?

The median house price in Hobart is $700,000 compared to $850,000 in Newcastle. Hobart has cheaper property.

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