China
Compared with Australia, using real observed prices.
Baseline: 
Australia = 1×
China
vs
Australia
Overall verdict
China is about 0.66× Australia.
Average across 5 categories, 7 items with data
The shape of prices (vs Australia = 1×)
How to read this
The centre line is Australia. A bar running right means China 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 Australia
Australia = 1×
China is pricier →
Australia
Australia = 1×
China is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In China, Gasoline 1L costs 1.0× what it does in Australia — but Electricity 1kWh (household) costs only 0.3×. What is expensive here is energy, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
Gasoline 1L 1 L ×0.95China
A$1.71
USD 1.179Australia
A$1.80
USD 1.239
-
iPhone (base model, base storage) 1 unit ×0.91China
A$1,266
CNY 5,999Australia
A$1,399
AUD 1,399
-
Diesel 1L 1 L ×0.74China
A$1.52
USD 1.045Australia
A$2.06
USD 1.421
-
PC game (Cyberpunk 2077) 1 game ×0.70China
A$62.90
CNY 298Australia
A$89.95
AUD 89.95
-
Big Mac 1 burger ×0.64China
A$5.47
CNY 25.5Australia
A$8.50
AUD 8.5
-
Natural gas 1kWh (household) 1 kWh ×0.47China
A$0.07
USD 0.051Australia
A$0.16
USD 0.108
-
Electricity 1kWh (household) 1 kWh ×0.29China
A$0.11
USD 0.076Australia
A$0.37
USD 0.259
See what really changed
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+14%
in CNY
22.4 → 25.5
22.4 → 25.5
vs
At today's rateUsing today's exchange rate
+16%
in AUD
It rose 14% in local currency, but 16% in yours. Most of what you feel is the exchange rate, not China's inflation.
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