Although Australia has not been immune from an increase in the cost of living in the past year, it has been much less severe and perhaps less noticeable, and the national median average salary is higher at $65,000 (£35,800) versus £33,000 in the UK in 2022.
The wage rates in Australia and England can vary depending on various factors, such as industry, occupation, level of education, and experience. However, in general, the cost of living and wages in Australia tend to be higher than those in England.
While the cost of living in Australia is generally higher than in the UK, it offers a high quality of life and a great lifestyle. Ultimately, the decision to move to either country depends on personal preferences and circumstances.
Average Salary In Australia
The national minimum wage in Australia is currently $18.29/hour (£9.95/hour). This is comparable to the national minimum wage in the UK, which stands at £7.83/hour.
Living in Australia is much more affordable than in the UK. Moreover, Australia has a better economy, and the unemployment rate is also low, ensuring international students a job with almost no difficulties, making their transition and living in a new country easier.
Australia's GDP, which is roughly $1 trillion, is smaller than that of the United Kingdom. On the contrary, the UK's GDP is $2.4 trillion, yet Australia's low GDP fits well with its 24 million people, whereas the UK's 65 million people are spread thin.
Pathway to permanent residency in the UK is less open than that in Australia. You are not generally grated a direct permanent status in the UK. You will need to apply for a temporary skilled visa for at least 5 years before you can be eligible for permanent residency.
The average cost of living in Australia ($2104) is 16% more expensive than in the United Kingdom ($1818).
Cost of living in Melbourne (Australia) is 21% cheaper than in London (United Kingdom) How much money will you need in Melbourne? Find out with your own Salary Calculation. This comparison is based on abundant and consistent data.
On average housing in Australia is 25.7% higher than the housing costs in the UK. Expect to pay 20-30% more for housing compared to equivalent UK cities.
Overall, the cost of renting and buying a property is lower in the UK than in Australia. (Here is how to keep the costs of buying lower in the UK.) Still, there are great local differences. For instance, the costs of renting and buying property in London are nearly 20% higher than in Sydney.
Compare this to the UK, a member of the European Union and close to many countries that produce plenty of food eaten in season. Food in the UK is 26% cheaper than food in Australia. Generally, food is cheaper in the UK.
The ACT, the home of Canberra, has the nation's highest average full-time salary of $99,247 in a city with high-paying public service roles, despite a slowdown in public sector wage growth. The Australian Capital Territory did even better than mining-rich.
A2– The average salary in Australia is relatively high compared to many other countries due to their strong economy, high cost of living, and labor laws.
1. Surgeon ($457,281) Surgeons were the top-paying job in the country, making an eye-watering $457,281 per year. There are 4,157 in Australia.
Before moving to a new country, you need to make sure you can afford to live there. In general, the cost of living in Australia is about the same as in the UK, except in a few key areas. For example, groceries are up to 40% more expensive, and you could also pay more for public transport and rent.
Housing, transportation, food and drink, and healthcare are the major expenses to consider when comparing the two cities. While the cost of living in Sydney is generally higher than in London, it offers a high quality of life and a great lifestyle.
Cost of Living Comparison Between Sydney and London
You would need around 11,126.0A$ (5,758.7£) in London to maintain the same standard of life that you can have with 10,000.0A$ in Sydney (assuming you rent in both cities).
Based on 2019 data and including state taxes, we are the eighth-lowest country in the OECD for tax collection relative to our economy's size, with tax revenue at 28% of GDP compared with the OECD average of 33%.
As an Australian working in the UK, you are obliged to comply with the UK tax requirements. This is why you must obtain a National Insurance number upon your arrival, as this is a requirement for tax purposes.
While UK taxes are higher than in most other English-speaking developed economies (such as Australia, New Zealand, Ireland and the United States), they are considerably lower than in most other western European countries (average tax revenue amongst the EU14. Read more was 39% of GDP.
Do you need a visa? If you're making a permanent move to the UK and you're planning on working there then yes, you need a visa. However, it's worth mentioning that Australians can live in the UK visa-free for up to 6 months if they are going there as a tourist.
Benefits of being a UK Permanent Resident
With your PR status, you will have access to healthcare, pensions and other social benefits that the UK is famous for. You may also be able to vote if you are an EU or qualifying commonwealth country citizen. Furthermore, PR status is essential if you are to be a citizen.
UK work visas for Australians. Australian citizens who want to work in the UK will need to apply for a work visa. There are several different types of work visas available, depending on the type of work, the length of the intended stay, and the individual's qualifications and circumstances.