![Laptops on a bench in a store as the June 2024 Beforepay Cost of Living Index sees durable goods drive a 3.7% increase in daily average spend during the end of financial year](https://blog.beforepay.com.au/hubfs/JulyBColi.png)
Cost of Living Index
June 2024 Beforepay Cost of Living Index
Beforepay Cost of Living Index reveals daily average spending jumps 3.7% as Australians splurge on durable goods during the end of financial year.
![A person pressing a light switch as utilities costs increases in Beforepay Cost of Living Index for May 2024](https://blog.beforepay.com.au/hubfs/Beforepay%20Cost%20of%20Living%20Index%20May%202024-1.png)
Cost of Living Index
May 2024 Beforepay Cost of Living Index
Consumer spending shows a significant decrease of 4.09% month-on-month in May 2024 from an average of $63.28 to $60.69 per day, according to the Beforepay Cost of Living Index.
![A person paying with her phone in a cafe as the Beforepay Cost of Living Index for April 20242 shows a 5% month-on-month increase in daily averages spending](https://blog.beforepay.com.au/hubfs/Beforepay%20Cost%20of%20Living%20April%202024-1.png)
Cost of Living Index
April 2024 Beforepay Cost of Living Index
Consumer spending rebounds as the daily average spend jumps 5% month-on-month to $63.28 in April 2024, according to the Beforepay Cost of Living Index.
![Beforepay released the March 2024 Cost of Living Index today, reveals consumer spending decreased by 0.82% month-on-month in March. The new data shows daily average spending dropped to $60.28 in March, down from $60.78 in February.](https://blog.beforepay.com.au/hubfs/March24COLbanner.png)
Cost of Living Index
March 2024 Beforepay Cost of Living Index
Beforepay released the March 2024 Cost of Living Index today, reveals consumer spending decreased by 0.82% month-on-month in March.
![](https://blog.beforepay.com.au/hubfs/B4P_BLOG-BANNER%20%285%29-3.png)
Cost of Living Index
February 2024 Beforepay Cost of Living Index
February sees 4.6% uplift in spending with a twist in Valentine's day habit, according to the February 2024 Beforepay Cost of Living.
![Close up of person putting credit card into wallet](https://blog.beforepay.com.au/hubfs/B4P_BLOG-BANNER%20%284%29-1.png)
Cost of Living Index
January 2024 Beforepay Cost of Living Index
Australians tighten their belts after the holidays with 10.2% spending decline in January, according to the January 2024 Beforepay Cost of Living Index.
![Person with tablet and gifts on table holding a credit card](https://blog.beforepay.com.au/hubfs/B4P_BLOG-BANNER%20%286%29-1.png)
Cost of Living Index
December 2023 Beforepay Cost of Living Index
Australians spent $66 on Christmas 2023, fuelled by lower petrol prices, according to the December 2023 Beforepay Cost of Living Index.
![Australian spending money using their credit card](https://blog.beforepay.com.au/hubfs/B4P_BLOG-BANNER%20%285%29-2.png)
Cost of Living Index
November 2023 Beforepay Cost of Living Index
Daily spending increased by 2.8% in November 2023 according to the Beforepay Cost of Living Index.
![](https://blog.beforepay.com.au/hubfs/Cost%20of%20living%20October%202023.png)
Cost of Living Index
October 2023 Beforepay Cost of Living Index
Consumer spending declines 1.01% in October 2023 accroding to the Beforepay Cost of Living Index.
![Person paying with credit card on EFTPOS machine](https://blog.beforepay.com.au/hubfs/B4P_BLOG-BANNER%20%285%29.png)
Cost of Living Index
September 2023 Beforepay Cost of Living Index
Daily average spending down 1.3% in September 2023 as petrol prices rise, according to the Beforepay Cost of Living Index.
![Close up of a fuel pump filing car with petrol.](https://blog.beforepay.com.au/hubfs/93.png)
Cost of Living Index
August 2023 Beforepay Cost of Living Index
Daily average spending declines 4.9% in August 2023, according to the Beforepay Cost of Living Index.
![Close up of phone held near EFTPOS machine to process payment](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2834%29.png)
Cost of Living Index
July 2023 Beforepay Cost of Living Index
Daily spending rose by 10.6% from $58.88 in June 2023 to $65.13 in July 2023, according to the Beforepay Cost of Living Index.
![Paying with a card](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%283%29-2.png)
Cost of Living Index
June 2023 Beforepay Cost of Living Index
Daily spending rose by 6.1% from $55.49 in May 2023 to $58.88 in June 2023, according to the Beforepay Cost of Living Index.
![Vegetables at the checkout in a grocery store](https://blog.beforepay.com.au/hubfs/Groceries%201-1.png)
Cost of Living Index
May 2023 Beforepay Cost of Living Index
Spending fell in May 2023, with the average daily spending for Australians down 5.7% from $58.84 to $55.49, according to the Beforepay Cost of Living Index.
![Trolley with shopping bag](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%289%29.png)
Cost of Living Index
April 2023 Beforepay Cost of Living Index
April saw a 2.9% month-on-month increase in the daily cost of living, up to $58.84 from $57.17 in March, according to the Beforepay Cost of Living Index.
![Shopping basket with grocery items in a supermarket aisle.](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2828%29.png)
Cost of Living Index
March 2023 Beforepay Cost of Living Index
March saw a 1.8% month-on-month decrease in the daily cost of living, down to $57.17 from $58.23 in February, according to the Beforepay Cost of Living Index.
![Person holding a mobile phone and a bill](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2826%29.png)
Cost of Living Index
February 2023 Beforepay Cost of Living Index
February saw a 2.5% month-on-month increase in the daily cost of living, up to $58.23 from $56.83 in January, according to the Beforepay Cost of Living Index.
![Apartment building](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2823%29.png)
Cost of Living Index
January 2023 Beforepay Cost of Living Index
The average daily cost of living has fallen by 8% month-on-month from $62.02 in December 2022 to $56.83 in January 2023, a 1.6% increase year on year.
![Shopping centre in Australia during the Christmas holidays](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2821%29.png)
Cost of Living Index
December 2022 Beforepay Cost of Living Index
Australians saw a surge in spending on Boxing Day, with the average person spending $448.38. In December 2022, the daily cost of living for the average Australian increased by just 2.5% to $62.02.
![New data shows the daily cost of living for the average Australian in November 2022 increased by only 1% over the month to $60.48.](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%2811%29.png)
Cost of Living Index
November 2022 Beforepay Cost of Living Index
New data shows the daily cost of living for the average Australian in November 2022 increased by only 1% over the month to $60.48. This represents an increase from $59.78 in October 2022 and from $60.23 in November 2021.
![Daily spending for the average Australian increased to $61.41 in October 2022, up 4.4% from $58.81 in September 2022, according to the Beforepay Cost of Living Index.](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%287%29.png)
Cost of Living Index
October 2022 Beforepay Cost of Living Index
Rising utility prices and grocery bills are consuming Australian wages as new Beforepay data shows the daily cost of living increased 1.6% to $59.78 in October 2022 from $58.81 in September.
![Daily spending for the average Australian dropped 29% in September 2022 to $58.81, from $83.27 in August, according to the Beforepay Cost of Living Index.](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER%20%283%29-1.png)
Cost of Living Index
September 2022 Beforepay Cost of Living Index
Daily spending for the average Australian dropped 29% in September 2022 to $58.81, from $83.27 in August, according to the Beforepay Cost of Living Index.
![Petrol and auto spending fluctuates as the cost of living in Australia changes.](https://blog.beforepay.com.au/hubfs/2022_BLOG-BANNER.png)
Cost of Living Index
August 2022 Beforepay Cost of Living Index
The daily cost of living for the average Australian jumped 18.2% in July, to $66.46 per day. The figure is drawn from the Beforepay Cost of Living Index.
![](https://blog.beforepay.com.au/hubfs/Newsletter%20photos%20%28900%20%C3%97%20300px%29%20%281%29.png)
Cost of Living Index
July 2022 - Beforepay Cost of Living Index
The daily cost of living for the average Australian jumped 18.2% in July, to $66.46 per day. The figure is drawn from the Beforepay Cost of Living Index.