Yes, you got it right. Tasmania is Australia’s most available corner. This makes living in Tasmania an attractive option for most. Let’s take a look at the cheap finds in Tasmania (and the expensive ones, too!). The Good Side Most of Tasmania is affordable. From the rent to the food to just about anything. Here is a quick rundown of the most affordable on the island. Surprise! Rent is Affordable Tasmania may be one of the few places left on earth with affordable rent. I’m serious. Please give me another city that has affordable rent. Most of these cities anywhere else in the world gets a bad rap at how expensive rent is. Tasmania is telling us a different story. While you get to spend more than $2,000 in some city in Chicago for rent, you get the same space for $1,022 in Tasmania. And note that this is already in the city center. When outside the city center, it can even go down to about $800 or so per month. An apartment unit of three bedrooms can cost you anywhere from $1,300 to $2,300 in Tasmania. The price range depends on the city location, with those in the city center being more expensive. Speaking of expensive, we must admit that standards in Tasmania differ. What is expensive on this island may be affordable in other cities. This is true in Tasmania, especially when it comes to house rentals. Except for the concern of low availability of properties for rent, there is not much to worry in Tasmania. No One Goes Hungry When I said Tasmania is the most affordable in the whole of Australia, I was not joking. The island’s capital Hobart is even one with the lowest cost of living in Australia. In fact, Hobart is 30% more affordable than Sydney. How much more if you are in smaller cities on the island. It would be much cheaper than that. A more affordable cost of living means you have more money for savings (or luxuries, if you so choose). For example, eating at an inexpensive restaurant can cost you about $18 max. Go a little bit luxurious, and you get about $34 for a meal at an expensive restaurant. If you prefer cooking at home, the most expensive commodity at grocery stores would be a kilo of beef. It costs about $10 for a kilo. This is lower than in other major Australian cities. For example, the same kilo of beef in Sydney costs $13.37. Across the globe, Chicago’s kilo of beef is about $12 to $13 per kilo as well. Now, we will not be spending our time talking about kilos of beef. What I’m trying to drive at is that most of the grocery items in Tasmania are cheaper than anywhere else. This contributes a lot to the quality of life of Tasmanians and visitors alike. The Bad It would be hard to imagine Tasmania as having something more expensive than a kilo of beef. Here I go again, haha… Anyway, here are a few things that are a little bit more expensive in Tasmania… Tassie style. Electrifying I know it is hard to believe, but there is something else that is expensive in Australia. Yes, you got it right – electric bills! If we go back to our tale of two cities, Sydney and Hobart, we find that the comparison is quite helpful in a lot of ways. First, it determines where Tasmania lies when it comes to the island’s cost of living. It would be hard to believe that Tasmania’s is more expensive when it comes to utility bills. For the same amount of apartment space, Sydney’s utility bills average at $136 per month. This includes electric bills, garbage disposal dues, as well as cooling and heating. This also includes water bills. Apologies if I seem to have rained on your parade. But these things have to be discussed. Electrifying, I know.