Income and cost of living

Oct 21, 2014

Q. In the last two years, do you think your and your household’s income has gone up more than the cost of living, fallen behind or stayed even with the cost of living?

 

Total

 

Work full time

Work part time

Income less than $600 pw

Income $600-$1,000pw

Income $1,000-$1,600 pw

Income $1,600+ pw

Gone up more

13%

19%

11%

13%

12%

8%

18%

Fallen behind

48%

44%

52%

58%

57%

49%

43%

Stayed even

31%

32%

29%

26%

25%

35%

35%

Don’t know

8%

5%

9%

3%

6%

7%

4%

48% believe that, in the last two years, their income has fallen behind the cost of living. 31% think it has stayed even with the cost of living and 13% think it has gone up more.

58% of those earning under $600 pw and 57% of those earning $600-$1,000 pw think their income has fallen behind while 53% of those earning over $1,600 pw think it has stayed the same or gone up.