Economic opportunity It doesn't hurt that Australia's minimum wage is much higher than in America, and most people can earn a decent living regardless of the type of job they work. However, many Americans specifically choose Australia because of the strength of the Australian economy and the Australian dollar.
The cost of living is more expensive in America by 5 to 10 %, but income after tax is slightly better in Australia, with a net gain of 10% to 15% in living standards. Comparable housing is about 30% lower in price to rent or buy.
There are many reasons to move to Australia. It's an incredibly special place and perhaps due to its sheer size, it's one of the most diverse and exciting countries in the world when it comes to landscapes, flora and fauna. It's a country which prides itself on being fair and on giving everyone “a fair go”.
Ms Trucksess is part of a surprising immigration trend. Figures show a significant leap in the number of American residents in Australia in the decade post-2001 — with the Australian Bureau of Statistics showing about 60,000 American-born people here that year and 90,000 a decade later, a 50 per cent increase.
Family-friendly
Australia is a great place to bring up children and society is generally family-friendly with good healthcare, childcare, and education. In addition, it offers a healthy outdoor lifestyle as well as a generally safe and economically stable environment.
Australia has a much better quality of life. Sydney is considered the most beautiful and one of the most livable cities in the world. 4 of the States capital cities: Perth, Melbourne, Sydney, Adelaide are all in the top 10 most livable cities in the world. Whilst no cities of America are on that list.
Australians are the richest people in the world, with a median wealth three times that of the average American, a new report has shown.
Western Sydney is particularly popular with American expats, while the Northern Beaches Area is great for families. Sydney is a major player on the world stage, which has an undeniable effect on the cost of living here.
Australia is 4.6% more expensive than United States.
The expense of living, which can be rather costly in major cities like Sydney and Melbourne, is one of the main drawbacks. Housing costs, in particular, can be quite high, with even small apartments in some cities costing hundreds of thousands of dollars.
The number of Australians migrating to the United States is less than the number of Americans migrating to Australia. Between 200,000 and 300,000 US citizens live in Australia.
The top three countries for American expats are Mexico, Canada, and the United Kingdom, which are all popular for their proximity to the States and lower cost of living.
Australia, Mr Stone says, is now home to the sixth largest American population in the world. The numbers are still tiny relative to the rest of our foreign-born population, but a 50 per cent increase over a decade suggests something unusual is at work.
Australia provides its residents with high living standards. The country has effective and fast transportation facilities to cover large distances between cities. Via transport routes, all cities are very well linked. Immigrants can Migrate to Australia easily and conveniently.
Australians wanting to be in the country's top 1% for wealth need to have an individual net worth of US$5.5 million ($8.3 million), Knight Frank's 2023 Wealth Report has found.
New South Wales, Victoria, Queensland, and Western Australia are among the richest states in Australia.
The median Australian adult finished 2021 with a net worth of $US273,900, making them richer than the comparable resident of any other country, according to Credit Suisse's annual global wealth report.
Idaho and Wyoming would be the closest demographically to Australia in the United States but they are colder and more mountainous.
But how expensive is it? Australia currently has the 12th highest cost of living in the world, with the USA and UK well behind at 21 and 23rd place respectively. The overall cost of living in Australia is 9% higher than the USA, but 10% cheaper than London.
If university rankings are important to you, the United States might be a better choice. US colleges account for 29 of the top 50 universities ranked globally. Meanwhile, only eight Australian universities are in the top 100.
A white person is defined as a person who has European ancestry. In Australia, about 90.2 percent of the nation's population is white. The following is a breakdown of some of the major ethnic groups that fall under this category: To unlock this lesson you must be a Study.com Member.