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§-Cost of living
ACTPopulation 484,630Sourced 2026-09-23

Cost of living in Canberra

Typical asking rents in Canberra are $599 a week for a unit and $793 for a house (SQM Research, September 2026). The Australian Capital Territory had 484,630 residents at 30 June 2025 (ABS).

Population is the ABS estimated resident population of the Australian Capital Territory (Greater Capital City Statistical Area) at 30 June 2025.

The numbers

ItemAUDPeriodAnnual
Unit rent$599weekly$31,148
House rent$793weekly$41,236

SQM Research weekly asking rents index for Canberra, week ending 20 September 2026: all units $598.99, all houses $792.78. Asking rents are advertised prices, not signed leases.

Check your budget in Canberra

The graduate budget calculator applies the 50/30/20 framework to your take-home weekly wage. Pick Canberra from the dropdown to see whether the $599 weekly unit rent fits the 50 percent needs envelope on a graduate salary.

Open the budget calculator

Careers that can comfortably afford unit rent here

We define "comfortable" as weekly take-home pay at least twice the median unit rent in Canberra. Take-home pay is estimated with the 2026-27 ATO resident tax scale, the 2% Medicare levy and the 2026-27 marginal HELP compulsory repayment.

Sources

ExamExplained