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 Northern Territory is generally high due to its remote location and limited supply of goods and services, with daily expenses ranging from $80-150 USD per day for backpackers to $250-400 USD per day for mid-range travelers.

Quick Facts

Cost LevelExpensive
Daily Budget (Backpacker)$80-150 USD
Daily Budget (Mid-Range)$150-300 USD
Daily Budget (Comfort)$250-400 USD
CurrencyAUD
Tipping Customnot expected

How Expensive Is Northern Territory?

Northern Territory is one of the most expensive regions in Australia, with prices comparable to those in major cities like Sydney and Melbourne. The region's remote location and limited supply of goods and services contribute to the high cost of living. Compared to other parts of Australia, Northern Territory is more expensive, with prices for accommodation, food, and transportation being significantly higher. However, the unique cultural experiences and natural beauty of the region make it a worthwhile destination for many travelers.

The high cost of living in Northern Territory is also due to the region's reliance on air transportation, which can be expensive. Additionally, the limited supply of fresh produce and other goods means that prices for these items are often higher than in other parts of Australia. Despite these challenges, many travelers find that the unique experiences and breathtaking landscapes of Northern Territory make it a worthwhile destination, even if it means paying a premium.

Accommodation Prices

TypePrice Range (USD/night)Notes
Hostel/Budget$30-60basic dorms and shared facilities
Mid-Range Hotel$100-200comfortable rooms with private bathrooms
Luxury/Resort$250-500high-end amenities and services
Apartment Rent (monthly)$1,200-2,500city center vs outside, with utilities and furniture

Food & Dining Prices

Meal TypePrice 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

TransportCost (USD)
Local bus/metro ride$2-5
Taxi (per km)$2-5
Domestic flight$100-300
Fuel (per liter)$1-2

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)
Rent8001,5002,500
Food5008001,200
Transport200300500
Utilities100200300
Entertainment200400600
Total1,7003,1005,100

Money-Saving Tips

  • Consider visiting during the shoulder season (April-May or September-October) to avoid peak prices for accommodation and tours.
  • Take advantage of free or low-cost activities such as visiting the Northern Territory Museum and Art Gallery or exploring the outdoors.
  • Look for package deals that include accommodation, transportation, and activities to save money.
  • Eat at local eateries or food trucks instead of mid-range restaurants to save on food costs.
  • Use public transportation or walk/bike whenever possible to reduce transportation costs.
  • Book accommodation and tours in advance to secure the best prices and availability.