Fiji is 53% cheaper than Australia.
The average cost of living in Australia ($2104) is 182% more expensive than in Fiji ($747).
Yes, Fiji is expensive. But what you need to understand is that their economy relies on tourism and the prices really help them out. Many of the prices are geared towards wealthy tourists, not budget travelers so you must be smart to travel cheaply in Fiji!
According to the report, Bermuda is the world's most expensive place to live. Switzerland ranks second on the list (and it's definitely not the only European country), followed by new entrant the Cayman Islands, Bahamas, and Barbados.
Average Daily Costs
While meal prices in Fiji can vary, the average cost of food in Fiji is FJ$87 per day. Based on the spending habits of previous travelers, when dining out an average meal in Fiji should cost around FJ$35 per person. Breakfast prices are usually a little cheaper than lunch or dinner.
As an Asian country with a range of budget options, Bali is much more affordable than Fiji. If you want to save money it is easy to do in Bali. If you are comparing a similar experience (say Western-style 4-star resorts, with Kids club, and resort-style food) then the prices are quite similar.
The price of Combo meal in fast food restaurant (Big Mac Meal or similar) in Suva is 14 FJ$ This average is based on 9 price points. It provides a decent estimate, but it is not yet reliable. Latest update: October 31, 2021.
Australia's most expensive suburbs will shock you with how much they cost. Image: Canva. Australia's most expensive suburbs by median house price are all concentrated in Sydney, the most expensive city in Australia, and one of the most expensive in the world.
According to Expatistan, this means Australia is one of the most expensive places to live (ranked 13 out of 74). Generally, a higher cost of living means that basic expenses have become – well, expensive.
How much spending money do I need for a week in Fiji? Ideally, to enjoy the country's food, sundowner culture and heavenly islands, we suggest you budget around $1,400 per person to last you the week.
Cash is the most accepted payment method in Fiji. However, like anywhere in the world, most travellers don't like to travel with all the cash they will need for one holiday for obvious security reasons. We recommend withdrawing and exchanging cash every few days, where possible.
Fiji has its own currency, the Fiji dollar (FJD). You can use Australian dollars (AUD) in Fiji, but you must first convert them to Fijian dollars. You will find many facilities for exchanging money in Suva and Nadi, including banks, post offices, and money changers.
One Australian Dollar currently exchanges at a rate of 1.3449 FJD.
There you go! $5000 will last you a minimum of 4 weeks without scrimping too hard on budgets. Anything more than $5000 just gives you a longer buffer and a bigger safety net, however for those teachers struggling to save then you can feel confident travelling to Australia with only $5000 in your bank account.
Cheapest Aussie cities to rent
So what about renters? Well, Adelaide is actually Australia's most affordable capital city for renters ($534), while Sydney is the most expensive ($711), according to the latest CoreLogic rental data.
According to Numbeo, Australia ranks 14th for highest cost of living in the world. This places this warm nation higher on the list than the United States, United Kingdom and even Canada (at least when you exclude rent costs). If you do include rent costs, Australia drops down slightly to 15th.
No suburb in the country features a greater concentration of members of The List – Australia's Richest 250 than Toorak, where Melbourne's wealthiest families have gathered for decades. Think historic looking mansions guarded by large hedges set back from the street to ensure privacy.
The highest number of rich-listers live in the 2088 postcode in Sydney - which includes Mosman and Spit Junction - with 19,707 people earning $188,324, on average. In comparison, there were just 559 people in the 3944 Portsea postcode in Victoria's Mornington Peninsula, earning an average of $229,805 per year.
Sydney has featured in the top ten of the world's wealthiest cities with 35 per cent growth of high-net-worth individuals in the past decade.
Here's 5 countries that do not have a KFC that might surprise you. 1) Fiji – Fiji is a bastion for McDonalds, one of the only Pacific Islands to have one.
Venezuela is home to the world's most affordable Big Mac: at just $1.76 per sandwich, it is a fraction of the cost of what most other countries pay for the famous fast-food item, and means that Venezuela's Big Mac Index is at -65.77% of the Big Mac Index of the US.
We opened our first restaurant in Fiji on the 1st of May, 1996 in Nadi and from there we hit off to a great start with few more restaurants in Suva and Lautoka.