The Australian Automobile Association recently released a Transport Affordability Index assembled by SGS Economics that outlines the average Australian family is spending up to $22,000 each year in day-to-day transport expenses. This total cost included public transport expenditure as well as car costs such as fuel, registration, insurance and tolls.
The key words to take note of are “up to” as not all average Australians are spending that… or close to it. Now the report is based upon the analysis of two consecutive quarters, Q1 January-March and Q2 April-June, and looks at all the major city in Australia.
When further looking into the report it becomes clear that the up to $22,000 closely relates to costs for a family in Sydney due to higher costs encompassing tolls, registration and compulsory third party insurance, not a national average.
The national average is closer to $17,000, with some states forking out less then that. To see where your city ranks in transportation costs check out the full article below: