High cost of living in Australia

In Australia, prices for many items, e.g hotel, food, services, cost twice of Singapore.

How do the Australians cope?

They have higher wages. The minimum wage is about AUD 15 per hour. The lowest paid worker earns AUD 2,400 per month, or SGD3,000. This is about three times of Singapore. So, they can live a fairly comfortable life, as the cost of housing and cars are not as high as in Singapore.

Australians pay higher taxes. But this affect the higher income workers.