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City in Tasmania, Australia

Cost of living in Launceston

Updated October 2026Sources

How much a month costs in Launceston

For one person, including rent. A comfortable month costs about $2,780–3,750 (A$4,000–5,400).

Lean$1,670–2,220A$2,400–3,200 · Room or studio, local food
Comfortable$2,780–3,750A$4,000–5,400 · 1-bed apartment, eating out daily
Luxury$5,210–7,650A$7,500–11,000 · Upscale apartment, restaurants, taxis

Prices in Launceston

Typical 2026 ranges in AUD, rounded. US$ at the 03 Oct 2026 exchange rate.

ItemAUDUS$
Housing
1-bedroom apartment, center (month)A$1,600–2,400$1,110–1,670
1-bedroom apartment, outside center (month)A$1,300–1,900$904–1,320
Hostel dorm bed (night)A$35–60$24–42
Mid-range hotel room (night)A$150–260$104–181
Food and drink
Local meal or street foodA$14–22$9.7–15.3
Mid-range restaurant, per personA$28–48$19–33
CappuccinoA$4–6$2.8–4.2
Local beer, 0.5 l in a barA$9–13$6.3–9.0
Getting around
Ride-hailing or taxi, about 5 kmA$16–28$11.1–19.5
Work and life
Coworking day passA$55$38
Gym membership (month)A$60–110$42–76
Mobile data, 20–50 GB (month)A$30–50$21–35

Value for money: 29/100

A value score of 29/100 means Launceston gives more quality of life per dollar than 28% of the 1,319 places we cover. Quality here scores 89/100. It's the 5th most affordable of 28 places we cover in Australia.

Quality factorScore
Safety100
Air quality97
Internet73
Healthcare100
Weather50
Friendly locals75
English100

Cost of living across Australia

One person, comfortable lifestyle, including rent.

PlaceComfortable monthValue
Cairns$2,640–3,61027/100
Adelaide$2,640–3,61028/100
Whitsundays$2,640–3,61029/100
K'gari$2,640–3,61030/100
Launceston$2,780–3,75029/100
Hobart$2,780–3,82027/100
Magnetic Island$2,780–3,82032/100
Great Ocean Road$2,920–4,03023/100
Blue Mountains$2,990–4,17024/100
Gold Coast$3,060–4,17020/100
Perth$3,060–4,31018/100
Brisbane$3,130–4,31018/100
Newcastle$3,130–4,31016/100
Melbourne$3,340–4,52013/100
Byron Bay$3,340–4,52015/100
Darwin$3,340–4,52013/100
Sunshine Coast$3,340–4,52019/100
Fremantle$3,340–4,52015/100
Canberra$3,340–4,52016/100
Margaret River$3,340–4,52018/100
Alice Springs$3,340–4,5209/100
Port Douglas$3,480–4,73015/100
Noosa$3,480–4,87015/100
Broome$3,610–4,8709/100
Sydney$3,820–5,2108/100
Uluru$3,820–5,5606/100
Manly$4,030–5,4207/100
Bondi Beach$4,170–5,5606/100

Cheaper alternatives to Launceston

Similar safety, lower cost, in Oceania.

PlaceCountryComfortable month
RotoruaNew Zealand$1,960–2,690
TaupoNew Zealand$1,960–2,690
Bay of IslandsNew Zealand$2,020–2,810
ChristchurchNew Zealand$2,130–2,810
WellingtonNew Zealand$2,360–3,090

Quick answers

How much money do you need per month in Launceston?

About $1,670–2,220 on a lean budget, $2,780–3,750 for a comfortable month and $5,210–7,650 for a luxury one, rent included.

How much is rent in Launceston?

A furnished 1-bedroom apartment costs A$1,600–2,400 ($1,110–1,670) a month in the center and A$1,300–1,900 ($904–1,320) outside it.

How much does food cost in Launceston?

A local meal is A$14–22 ($9.7–15.3); a mid-range restaurant is A$28–48 ($19–33) per person.

Is Australia expensive?

Prices in Australia are about 90% of US price levels (World Bank PPP).

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.