How much does it cost to move out in Canberra?

The total upfront cost to move out in Canberra typically ranges from A$5,250 to A$8,400, depending on your apartment and setup needs. This includes first month's rent (A$2,100), security deposit (A$2,100), and move-in essentials.

What salary do I need to rent an apartment in Canberra?

Following the 30% rule, you'd need a monthly income of at least A$7,000 (A$84,000/year) to comfortably afford the average 1BR in Canberra. Many landlords require proof of income 2-3x the monthly rent.

Is Canberra expensive to live in?

Canberra has a cost of living index of 112 compared to the US average of 100. This means it's 12% more expensive than the national average. Housing is the biggest factor, with average rents of A$2,100/month for a 1BR.

How much should I save before moving to Canberra?

We recommend saving at least A$10,500 to A$14,700 before moving to Canberra. This covers upfront costs (A$5,250-A$7,350) plus a 2-3 month emergency fund.

What are the hidden costs of moving to Canberra?

Beyond rent and deposit, budget for: utilities setup (A$170/month), internet (~A$70/month), renters insurance (~A$20/month), moving costs (A$200-A$1,500), and household essentials (A$500-A$2,000).

Can I afford to live alone in Canberra?

To live alone in Canberra, you need a stable income of at least A$84,000/year and savings of A$10,500+. If your income is lower, consider getting a roommate - this can reduce your housing costs by 30-40% and make Canberra more affordable.

What is the average rent in Canberra in 2026?

As of 2026, the average rent in Canberra is A$2,100/month for a 1-bedroom apartment and A$2,600/month for a 2-bedroom. Prices vary by neighborhood - areas outside the city center tend to be 10-20% cheaper.

How much is a security deposit in Canberra?

Security deposits in Canberra typically equal 1 month of rent (A$2,100 for an average 1BR).

Is Canberra a good place for first-time renters?

Canberra is suitable for first-time renters with steady income. The rental market offers good options for newcomers. Use our calculator to determine if Canberra fits your budget.

How long does it take to save to move out in Canberra?

If you can save A$1,050/month, you'll need about 10 months to save enough for Canberra. With more aggressive saving (A$1,680/month), you could be ready in 7 months. Our calculator shows your personalized timeline.

AustraliaCost Index: 112

Canberra, ACT Move Out Calculator: How Much Do You Need to Move Out?

Planning to move out in Canberra? Find out exactly how much money you need with our free move-out calculator. In Canberra, the average 1-bedroom apartment costs A$2,100/month, you'll need approximately A$6,300 in upfront costs, and a minimum salary of A$84,000/year to live comfortably. Canberra is considered a moderate cost city - use the calculator below to get your personalized budget.