Economic opportunity It doesn't hurt that Australia's minimum wage is much higher than in America, and most people can earn a decent living regardless of the type of job they work. However, many Americans specifically choose Australia because of the strength of the Australian economy and the Australian dollar.
The cost of living is more expensive in America by 5 to 10 %, but income after tax is slightly better in Australia, with a net gain of 10% to 15% in living standards. Comparable housing is about 30% lower in price to rent or buy.
Strong Economy
Australia is home to just 0.3% of the world's population but accounts for 1.7% of the global economy. Australia's economic stability has always attracted many from around the world, seeking a better quality of life and more personal wealth.
Best for: Job Opportunities
Western Sydney is particularly popular with American expats, while the Northern Beaches Area is great for families. Sydney is a major player on the world stage, which has an undeniable effect on the cost of living here.
The number of Australians migrating to the United States is less than the number of Americans migrating to Australia. Between 200,000 and 300,000 US citizens live in Australia.
Concentrations of American-born residents were in Sydney (16,339), Melbourne (11,130), Brisbane (6,057), Perth (5,558), Adelaide (2,862), and Canberra (1,970).
Absolutely. Australia is a fantastic place to live, even for foreigners. There aren't only advantages to living in Australia, but they outweigh the disadvantages. I love the climate, work-life balance, safety and the wide range of outdoor activities that I can enjoy every weekend.
Australians are the richest people in the world, with a median wealth three times that of the average American, a new report has shown.
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.
Australia and the USA are both developed countries with great living standards. Both have a high-quality education system and career opportunities. Australia provides the facility of Medicare for medical services. While the USA also offers healthcare services but at high costs.
The expense of living, which can be rather costly in major cities like Sydney and Melbourne, is one of the main drawbacks. Housing costs, in particular, can be quite high, with even small apartments in some cities costing hundreds of thousands of dollars.
Australia is 4.6% more expensive than United States.
Thus, we can say that migration from the US to Australia has ranged from about 1,000 to 4,000 people per year. That's not that much overall, but is very big when you consider a diaspora of just 60,000 to 90,000 people.
Australia currently has the 12th highest cost of living in the world, with the USA and UK well behind at 21 and 23rd place respectively. The overall cost of living in Australia is 9% higher than the USA, but 10% cheaper than London.
The poorest country in the continent of Australia is Papua New Guinea.
Mungallala Methodist Church was built in 1964. It has now closed. In 2016, the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.
The Finder survey which asked 1000 people what it took to be rich and found that earning $336,516 per year was the magic number. In Australia, $52,338 is the median personal income, according to the Australian Bureau of Statistics.
The United Nations process the annual World Happiness Report to understand what happiness is and how it affects our lives, cultures and economy. Australia is ranked under 12, Canada 15 and the United States is 16th and a popular destination for most South Africans, the United Kingdom is 17th.
New South Wales, Victoria, Queensland, and Western Australia are among the richest states in Australia.
Australia and Canada have similar levels of GDP per capita (based on purchasing power parity, nominal GDP per capita was around US$ 7 000 for Australia and US$ 9 000 for Canada in 008). Since 1990, Australia's growth in real GDP per capita has been a little higher than Canada's.
The crime rate in Australia is much lower than in the United States of America. As Australia ranks 47th while the USA ranks on 30th according to their crime rates. It is so rare for police officers to carry guns due to the low crime rate.
Australia has a much more laid-back culture than England. Australians are known for their mate ship and easy-going attitudes. There is a strong focus on enjoying life and having a good time. This doesn't mean that Australians don't work hard, but they definitely know how to enjoy their leisure time.
1. Canberra – Australia's Capital City. Nestled between Sydney and Melbourne, Canberra is not only the capital but also Australia's safest city. With a low crime rate and a small-town vibe, Canberra offers an attractive blend of city living and peaceful suburban life.