Cost Index: 180 · Very High Cost

Cost of Living in Sydney

Median income in Sydney is A$75,000/year (A$6,250/month). Here is how to budget every dollar.

Average Rent in Sydney

A$2,000

Studio

A$2,600

1 Bedroom

A$3,200

2 Bedrooms

Monthly Budget Breakdown: A$6,250/month

How to allocate the median Sydney income of A$75,000/year after taxes.

Housing

A$2,600

42%

Food & Groceries

A$600

10%

Transportation

A$200

3%

Utilities

A$200

3%

Healthcare

A$0

0%

Entertainment

A$400

6%

Personal & Other

A$350

6%

Savings

A$1,900

30%

Total

A$6,250

100%

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$
Needs
$3,12550%
Wants
$1,87530%
Savings
$1,25020%
NeedsWantsSavings
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Affordable Neighborhoods in Sydney

1

Western Sydney (Parramatta, Liverpool) offers rents 40–50% below the CBD

2

Bankstown and Canterbury have diverse food scenes and affordable housing

3

Wollongong (1hr south) is a popular option for those willing to commute

Money-Saving Tips for Sydney

$

Medicare covers most medical and hospital services at no out-of-pocket cost

$

Opal card caps daily and weekly travel costs on trains, buses, and ferries

$

Shop at Aldi, Costco, or local produce markets instead of Woolworths and Coles

Budget Smarter in Sydney

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