What is the Average Price of a New Kitchen in 2023?

What is the Average Price of a New Kitchen in 2023?

Kitchen Shack doesn’t just save you time, we save you money!

The price of a new kitchen has risen over the last few years. While many of these costs were out of everyone’s control, there are a few things you can do to help renovate your kitchen on a budget. This includes making a few design changes so that everything can be installed smoothly.

The cost of a new kitchen includes many costs, such as:

  • new kitchen cabinets
  • taps, 
  • splashbacks, 
  • benchtops, 
  • appliances
  • Accessories

Since there are so many factors to consider, it’s important to plan and budget ahead of time. So if you’re thinking about renovating your kitchen? Here’s a quick guide on how much a new kitchen is most likely going to cost you.

The Price of a New Kitchen

Planning is an important part of the renovation process so you can assess your budget. Here’s a quick look at some of the pricing.


Benchtops come in a wide variety of colours and designs, making the price vary as well. In most cases, you can expect to pay anywhere from $3,000 to $5,000 for an affordable benchtop. Laminate benchtops are cheaper than stone. 

Kitchen Cabinets

Kitchen cabinets, depending on the style and design you choose, can cost anywhere from $6,000 upwards. This is one of the largest aspects of the total kitchen and plays a practical and aesthetic role at the same time.

Other Costs

In addition to these costs, you should also budget for a kitchen sink with a new tap. Other costs can include replacing the splashback and flooring and even adding a few new appliances.

These costs can also vary depending on your taste but generally range from $10,000 to $15,000. 

Total Cost of a New Kitchen

As mentioned above, the total cost of a new kitchen can vary depending on your exact taste. According to HIA, the price of a new kitchen in 2021 in Victoria was $29,293. However, in 2022 with inflation at 8%, this increased to $31,365.

With inflation rising again in 2023, we expect the average price to increase by a further 5% to $33,217. This means that you can expect to pay anything from $30,000 to $40,000 depending on your exact design and style. 

It pays to shop around with Lowest Prices Guaranteed* at Kitchen Shack you can expect to pay a lot lower than the average kitchen retailer.

How To Save Money on Your Kitchen

The easiest way to slash your renovation costs is to do as much as you can by yourself. While this is not always possible, buying fully assembled kitchens can make the job a lot cheaper. In this way, you don’t have to spend extra money on assembly and installation costs. 

Designing your kitchen is another place where you can save money. This is because Kitchen Shack can design your kitchen using assembled standard cabinetry.

Build Your Dream Kitchen Today

While the price of a new kitchen has risen over the last few years, there are many ways to reduce the overall cost. From the selection of materials and choosing fully assembled cabinets in standard sizes.

Thinking of your dream kitchen? Check out our website for the latest kitchen designs to inspire your renovation! We are here to help so  book your free design on our website or give us a call.