🇦🇺 Cost of Living in Hobart - Prices & Budget Guide
Last updated: March 2026
Economic Indicators
GDP per Capita (PPP)$72,111 (2024)
Inflation Rate3.2% (2024)
Health Spend per Capita$6,980 (2023)
Out-of-Pocket Health Spend15.8% (2023)
Education Spend (% GDP)5.1% (2022)
Source: World Bank Open Data
The cost of living in Hobart is moderate, with a daily budget of $80-150 USD for a backpacker, $150-300 USD for a mid-range traveler, and $300-500 USD for a comfortable stay.
Quick Facts
Cost LevelModerate
Daily Budget (Backpacker)$80-150 USD
Daily Budget (Mid-Range)$150-300 USD
Daily Budget (Comfort)$300-500 USD
CurrencyAUD
Tipping Customnot expected
How Expensive Is Hobart?
Hobart, the capital of Tasmania, is a city with a unique blend of natural beauty, cultural attractions, and a relatively high cost of living. Compared to other cities in Australia, Hobart is more expensive than some of the smaller cities, but less expensive than major cities like Sydney and Melbourne. The cost of living in Hobart is influenced by its island location, which can make transportation and some goods more expensive. However, the city's smaller size and slower pace of life can also make it feel more affordable and relaxed.
In terms of global averages, Hobart is more expensive than many cities in Asia and South America, but less expensive than many cities in Europe and North America. The city's moderate cost of living makes it an attractive destination for travelers and expats who want to experience a unique and high-quality lifestyle without breaking the bank. Overall, Hobart offers a great balance of quality and affordability, making it an excellent choice for those who want to explore Tasmania and enjoy the city's many attractions.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$20-40
typical quality, shared facilities
Mid-Range Hotel
$80-150
what to expect, private bathroom and TV
Luxury/Resort
$200-400
what to expect, high-end amenities and services
Apartment Rent (monthly)
$800-1,500
city center, 1-2 bedrooms, furnished
Apartment Rent (monthly)
$500-1,000
outside city center, 1-2 bedrooms, furnished
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$10-20
Casual Restaurant
$20-40
Mid-Range Restaurant (2 people)
$50-100
Fine Dining
$100-200
Beer (local)
$5-10
Coffee
$3-5
Water (1.5L bottle)
$2-3
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$2-3
Taxi (per km)
$2-3
Domestic flight
$100-300
Fuel (per liter)
$1-2
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
800
1,200
1,800
Food
500
800
1,200
Transport
100
200
300
Utilities
100
150
200
Entertainment
200
300
500
Total
1,700
2,650
4,000
Money-Saving Tips
Consider staying in a hostel or budget accommodation to save on housing costs.
Take advantage of Hobart's many free or low-cost attractions, such as the Salamanca Market and the Tasmanian Museum and Art Gallery.
Buy groceries at local markets or supermarkets instead of eating out for every meal.
Use public transportation or walk/bike whenever possible to save on fuel and taxi costs.
Look for discounts or package deals on activities and attractions, such as the Tasmanian Wilderness World Heritage Area.
Consider visiting during the off-season (April-May or September-October) to save on accommodation and tourist prices.