This presentation explores how the cost of living has evolved in Australia from 1948 to 2025. We analyze trends in CPI (Consumer Price Index) and median weekly earnings across major cities. The goal is to identify inflation patterns, wage growth, and inter-city disparities using interactive data visualizations.
Purpose:
This interactive plot compares how earnings have
kept pace with inflation (CPI), city by city. Scaling CPI helps visually
align the two metrics to assess if wages grew proportionately with
living costs.
Observation:
In cities like Sydney, earnings have
generally outpaced CPI — indicating a net improvement in real income.
Other cities may show tighter tracking between earnings and CPI,
highlighting different cost-of-living pressures and wage dynamics.
Interpretation:
Earnings have consistently increased
across all cities — but the growth pace varies.
Cities like
Canberra, Perth, and Melbourne show the brightest yellow in
recent years, indicating the highest average earnings, while Adelaide
and Hobart remain comparatively lower throughout the timeline.
Interpretation:
Over the last 40+ years, food prices in
Australian cities have surged by 375% to 452%.
-
Melbourne, Brisbane, and Sydney show the highest increases.
-
Even cities like Darwin saw food prices nearly
quadruple.
- This steep rise in essentials explains why many
Australians feel their pay isn’t keeping up.
So what?
Rising wages don’t always equal rising
opportunity. For meaningful progress, we need more than earnings growth
— we need growth that’s not just high-paying, but also
equitable, inclusive, and built to last.
Australian Bureau of Statistics. (2024, April 24). Consumer price
index, Australia (Catalogue No. 6401.0).
https://www.abs.gov.au/statistics/economy/price-indexes-and-inflation/consumer-price-index-australia/latest-release
Australian Bureau of Statistics. (2024, May 23). Average
weekly earnings, Australia.
https://www.abs.gov.au/statistics/labour/earnings-and-working-conditions/average-weekly-earnings-australia/latest-release