SavingsMate

Cost of Living: Newcastle vs Geelong (2026)

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

The Verdict

Geelong is $2,980/year cheaper than Newcastle. You need to earn approximately $5,000 more per year to maintain the same lifestyle in Newcastle compared to Geelong.

Side-by-Side Cost Comparison

CategoryNewcastleGeelongWinner
Rent (1br/week)$450$400Geelong
Rent (2br/week)$580$510Geelong
Groceries/week$120$115Geelong
Utilities/month$250$245Geelong
Transport/month$175$170Geelong
Internet & Phone/month$105$105Tie
Petrol/litre$1.98$1.95Geelong
Median house price$850,000$750,000Geelong
Median unit price$620,000$520,000Geelong
Cost of living index8278Geelong

How Much More Do You Need to Earn?

Salary needed in Newcastle$62,000/year
Salary needed in Geelong$57,000/year
Difference+$5,000/year
After-tax income difference$3,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Geelong ($50 cheaper)
Rent (2br/week)Geelong ($70 cheaper)
Groceries/weekGeelong ($5 cheaper)
Utilities/monthGeelong ($5 cheaper)
Transport/monthGeelong ($5 cheaper)
Internet & Phone/monthTie

Net Difference in Annual Costs

Annual cost in Newcastle$36,000
Annual cost in Geelong$33,020
Net difference$2,980/year

Living in Geelong saves you $2,980 per year compared to Newcastle. That is $248/month or $57/week.

Frequently Asked Questions

Is Newcastle or Geelong cheaper to live in?

Geelong is cheaper to live in than Newcastle by approximately $2,980 per year. Geelong has a cost of living index of 78 compared to 82 for Newcastle (Sydney = 100).

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

You need to earn approximately $5,000 more per year (pre-tax) to maintain the same standard of living in Newcastle compared to Geelong.

Is rent cheaper in Newcastle or Geelong?

A 1-bedroom apartment costs $450/week in Newcastle and $400/week in Geelong. Geelong is cheaper for rent by $50/week.

Are groceries more expensive in Newcastle or Geelong?

Weekly groceries for a single person cost $120 in Newcastle and $115 in Geelong. Geelong is cheaper for groceries.

Which city has cheaper property — Newcastle or Geelong?

The median house price in Newcastle is $850,000 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.