Australia
Compared with Italy, using real observed prices.
Baseline: Italy = 1×
Overall verdict
Australia is about 0.75×
Italy.
Average across 4 categories, 7 items with data
The shape of prices (vs
Italy = 1×)
How to read this
The centre line is Italy. A bar running right means Australia is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Italy
Italy = 1×
Australia is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In Australia, PC game (Cyberpunk 2077) costs 0.9× what it does in Italy — but Gasoline 1L costs only 0.6×. What is expensive here is labour, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
PC game (Cyberpunk 2077) 1 game ×0.92
Australia €55.18 AUD 89.95
Italy €59.99 EUR 59.99
-
iPhone (base model, base storage) 1 unit ×0.88
Australia €858.25 AUD 1,399
Italy €979.00 EUR 979
-
Natural gas 1kWh (household) 1 kWh ×0.77
Australia €0.09 USD 0.108
Italy €0.12 USD 0.141
-
Electricity 1kWh (household) 1 kWh ×0.63
Australia €0.22 USD 0.259
Italy €0.36 USD 0.414
-
Diesel 1L 1 L ×0.59
Australia €1.25 USD 1.421
Italy €2.11 USD 2.407
-
Gasoline 1L 1 L ×0.56
Australia €1.09 USD 1.239
Italy €1.95 USD 2.22
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+30%
in AUD
6.55 → 8.5
6.55 → 8.5
vs
At today's rateUsing today's exchange rate
+21%
in EUR
It rose 30% in local currency, but 21% in yours. Most of what you feel is the exchange rate, not Australia's inflation.