Cost of Living in Perth in 2026: High Wages, High Costs — The Full Picture

Perth has benefited from a sustained resources boom that has pushed wages — particularly in trades, health and mining-adjacent sectors — well above national averages. That income is offset by costs that have risen in step, particularly housing. Here is the honest breakdown.

Housing

Renting a two-bedroom house in Perth's inner suburbs costs $600 to $800 per week. Three-bedroom houses in family suburbs are $700 to $950 per week. Perth experienced its own rental crisis from 2021 to 2025, with vacancy rates near historic lows. Buying — median house prices in the inner suburbs are approaching $1 million; the northern and southern corridors remain more affordable.

Transport

Perth's train network reduces transport costs for those along the rail corridors. A SmartRider card provides a fare discount. The freeway system is generally free and well maintained. Fuel costs are broadly comparable to the eastern states. FIFO workers between Perth and the Pilbara face aviation costs that are a significant household expense.

Food and lifestyle

Grocery costs in Perth are comparable to eastern cities. Dining out has improved significantly, with several world-class restaurants and a competitive cafe scene. The outdoor lifestyle — beaches, camping, diving — is largely free and a genuine offset to the higher housing costs.

Wages

Perth's median household income is elevated by the mining sector. Trades, engineering, health and technology workers can command wages significantly above eastern-city equivalents. For those with relevant skills, the wage advantage often exceeds the housing cost differential.

This article was compiled by AI from the sources linked above and screened before publishing. See our editorial standards.