Living on $140K in Bondi Beach
Bondi Beach is one of the most famous beaches in the world and living there can be a dream come true for many. However, the cost of living in this area of Sydney, Australia, can be quite high. In this money diary, we take a look at the expenses breakdown of someone who earns $140K and lives in Bondi Beach.
===Expenses Breakdown: A Month in the Life of a Bondi Resident
Housing: Rent in Bondi Beach can be expensive, and a one-bedroom apartment can cost around $2,500 per month. However, if you’re willing to share a two-bedroom apartment with someone, you can pay around $1,500 per month. This diary’s writer shares an apartment and pays $1,500 per month in rent.
Transportation: The public transportation system in Sydney is quite efficient, but it can be expensive. The diary’s writer spends around $200 per month on transportation, including bus and train fares, and the occasional taxi or Uber ride.
Food: Bondi Beach has a wide range of food options, from beachside cafes to high-end restaurants. The diary’s writer spends around $500 per month on food, which includes eating out and groceries.
Entertainment: Living in Bondi Beach means that there are plenty of things to do, from surfing and swimming to hiking and exploring the local area. The diary’s writer spends around $300 per month on entertainment, including gym membership, outdoor activities, and social events.
Utilities: The diary’s writer pays around $100 per month for utilities, including electricity, gas, and water.
Living in Bondi Beach can be expensive, but it’s possible to live on $140K per year if you’re willing to share an apartment and be conscious of your spending. The expenses breakdown above shows that housing, transportation, food, entertainment, and utilities are the main expenses you’ll need to consider if you’re planning to live in this area. With proper planning and budgeting, you can enjoy all that Bondi Beach has to offer without breaking the bank.