Elizabeth Street's restaurant strip, live music, and Hobart's most vibrant evening scene.
Living the Dream
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Download Richify — It's FreeElizabeth Street's restaurant strip, live music, and Hobart's most vibrant evening scene. If you're weighing a move to North Hobart, the numbers matter more than the vibes. The median weekly rent here is $420, which annualises to roughly $21,840 per year. Using the 30% rent-to-income guideline, you'd want an annual gross salary around $73,000 to live in North Hobart without housing eating your paycheck.
Day-to-day costs in North Hobart are on the pricier side for entertainment and in line with the national average for groceries. A monthly public transport pass runs about $120, and a flat white at a local café costs roughly $5.00 — which adds up to $1,825 per year if you're on a one-a-day habit.
Rough monthly budget for a single renter on a median-income job, before lifestyle upgrades:
Numbers are indicative only and exclude tax. Use the interactive calculator above to plug in your own salary and lifestyle.
How much do you need to earn to live comfortably in North Hobart?
Using the standard 30% rent-to-income rule, a comfortable gross income for North Hobart is around $73,000 per year. At this salary, median rent of $420/wk takes up less than a third of your take-home pay, leaving room for savings, transport, and everything else Hobart throws at you.
Is North Hobart more expensive than the rest of Hobart?
Groceries in North Hobart track in line with the national average (index 1.02), and the entertainment scene is on the pricier side (index 1.10). Median weekly rent of $420 places it within the Hobart market — use the calculator to compare specific neighbourhoods head-to-head.
What's the average annual rent cost in North Hobart?
At a median weekly rent of $420, annual rent in North Hobart works out to approximately $21,840 per year for a typical unit. Actual costs vary significantly by property size, condition, and proximity to transport.