How much will a backpacking to Australia trip cost?
For a complete working holiday experience, where you get to enjoy all the backpacking bells and whistles, we reckon travelling Australia on a budget will cost AU$2,616 per month, or AU$31,390 for the year. Just check out this budget calculator so you can calculate your own costs.
See it like this… that monthly budget is about the same as 11,891 Tim Tams, 748 jars of Vegemite or 625 cans of Victoria Bitter – but you don’t have to blow your whole budget on these Aussie favourites.
That budget might sound like a lot, and
unless you’re a Bill Gates type, it kind
of is. But it’s important to set these figures in a bit of context.
The cost of living in Australia
As a first world country, that is almost as remote as you can get, things in Australia may cost a little more than you’re used to. Here are some cost of living in Australia examples:
But the fears and forewarnings about
sky-high Australian prices can be a little overblown. Here’s the good news.
The prices in Australia are relatively
high because the people can afford to pay them. If you get an Australian
Working Holiday Visa you’ll earn good money no matter what you end up doing.
Minimum wage in Australia is AU$19.49 per hour. As of October 2019, that’s US$13.16 or £10.24. And when you compare that to other developed countries, minimum wage earners in Oz are doing pretty well for themselves.
By many measures, in fact, Australia is home to the world’s highest nationally regulated minimum wage.
And that figure of $19.49 is often far
below what you’ll actually be earning – casual hospitality employees, for
example, will enjoy a 25% loading simply for being a casual worker, as well as
a percentage loading for working early, late, on weekends and on public holidays
that can raise the hourly rate to between 125% – 225% of the base.
Calculating Your Backpacker Budget to Australia
Due to all the unknowns, setting a backpacker budget for your working holiday visa to Australia can be difficult. But it’s an important process that will give you far more confidence in deciding what you can and can’t treat yourself to while you travel. It’s important to realise that there are plenty knowns too.
You know that you’ll have the ability to
earn good money – a generous minimum wage at the very least. You know the cost
of living, and where you’ll be able to save a bit of cash. And you know that
the 417 and 462 visas require holders to have access to at least AU$5,000 in
savings to help fund their trip.
So how should you go about setting your budget for your trip to Australia?
You could trawl travel blogs for ideas on
average spend. You could start shopping for accommodation, travel and tours,
and look up supermarket prices online. You could even look up data from the Department of Home Affairs.
Backpacker Budgeting Apps and Online Tools
Backpacker Job Board has launched a super helpful tool to help you work out your travel budget for your Australian working holiday. While backpacking costs are notoriously hard to define, you can use the budget calculator to get an idea of what you’re likely to spend, and how daily costs will add up over the course of a month or a year.
Got any tips for backpacking on a budget in Australia? Share them in the comments below for everyone else reading this post.
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