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Expenses for a Family of Four in Western Australia

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(@oceanicopal44)
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Joined: 2 months ago
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Hello everyone,

I was hoping someone could provide me with a rough estimate of the cost of living for a family of four residing in Western Australia. We're aware of the mortgage expenses, but I'd like to gain a better understanding of the costs associated with everything else.

Thank you in advance,

Pete


   
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(@frostyfirefinn)
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We are a family of four who, admittedly, don't live a particularly frugal lifestyle. However, with the current prices of electricity, food, and fuel, we find ourselves spending approximately $4,500 to $5,000 per month after rent, but before accounting for expenses like clothing, etc. If necessary, you could probably trim about $1,000 off that figure, but not much more without making substantial lifestyle changes.


   
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(@redflute)
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If you're planning to buy rather than rent, don't forget to factor in additional insurance and rates. Those energy and grocery bills seem quite high, but...

Also, when you have children, keep in mind that school expenses in Australia differ from those in the UK. Uniforms are more expensive, and you're expected to purchase books, equipment, and pay other fees.

Additionally, if you own your home, your water bills will be higher. Renters typically pay for usage and sometimes supply, but sewerage and drainage costs are covered by the landlord, which can potentially double the bill.


   
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Australia Made Simple
(@ams-migrate)
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It's worth noting that health insurance is optional in Australia. There are tax benefits associated with having it (related to the Medicare surcharge), so that's something you should look into.

Medicare covers all treatment provided in hospitals, unless you're particular about having private rooms, etc. Australians are so accustomed to private health insurance that they may be horrified at the idea of not having it. Even some GPs will automatically refer you to a private specialist, assuming you have private health cover, and you'll need to specify that you want to use the public system. Yes, there are waiting lists if you don't go private, but if you're satisfied with NHS waiting lists and treatment in the UK, it's no different here under Medicare.

Private health insurance doesn't cover visits to your GP. If the GP "bulk bills," a visit will cost nothing, but many charge extra. The most I've ever been charged was an additional $80.

I would say that "Extras" cover is essential for a family. Dentists and opticians are almost entirely private here and very expensive. I'm not sure if health insurance companies will sell you an Extras policy without hospital cover, but it's worth looking into.


   
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(@copperchimera)
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Posted by: @ams-migrate

I would say that "Extras" cover is essential for a family. Dentists and opticians are almost entirely private here and very expensive. I'm not sure if health insurance companies will sell you an Extras policy without hospital cover, but it's worth looking into.

Yes, you can obtain Extras policies without hospital cover, but finding one that will cover all your dental and optical needs (with or without hospital cover) is quite challenging. Most have caps of only a few hundred dollars, which is enough for check-ups but not if you need any substantial work done.


   
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Australia Made Simple
(@ams-migrate)
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Posted by: @copperchimera

finding one that will cover all your dental and optical needs (with or without hospital cover) is quite challenging. Most have caps of only a few hundred dollars, which is enough for check-ups but not if you need any substantial work done.

That's true initially, but the longer you maintain the cover, the higher your caps become. However, you're right that they never cover the full cost. I recently had a crown done, and I only received about two-thirds of the cost back. Even my check-ups aren't covered 100%.


   
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