Cost of Living in Sydney, Australia

Australia

Quick City Vital Stats

Rent (1 Bed Center)

A$16,500

Avg Net Income

A$6,450 (approx. $4,260 USD)

Local Cappuccino

A$5.50

Flight Options

5 Routes

Sydney is Australia's most populous city and its primary financial hub, offering a world-class lifestyle set against iconic landmarks like the Opera House and Bondi Beach. While it consistently ranks as one of the most expensive cities globally, particularly regarding real estate, it offers high wages, excellent public infrastructure, and an unparalleled outdoor lifestyle. For expats and digital nomads, budgeting for Sydney requires a focus on housing, which represents the largest monthly expenditure.

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Rent & Housing Prices in Sydney

price per sqm centerA$16,500

1bed apartment outside centerA$2,400 (approx. $1,585 USD)

price per sqm outsideA$11,200

3bed apartment centerA$6,200 (approx. $4,100 USD)

1bed apartment centerA$3,250 (approx. $2,150 USD)

3bed apartment outside centerA$4,100 (approx. $2,710 USD)

Dining & Grocery Costs

Meal, Inexpensive Restaurant

A$25.00

Three-course Meal for 2, Mid-range

A$130.00

McMeal at McDonalds

A$15.00

Domestic Beer (0.5L draught)

A$12.50

Cappuccino (regular)

A$5.50

Milk (1 liter)

A$2.30

Loaf of Fresh White Bread

A$3.80

Eggs (regular 12pcs)

A$6.20

Transportation & Commuting

taxi start normal tariffA$6.00

one way ticket localA$5.00

gasoline 1 literA$2.15

monthly pass regularA$217.39

taxi 1km normal tariffA$3.50

Salaries & Mortgage Rates

avg salary monthly netA$6,450 (approx. $4,260 USD)

Verified crowdsourced average

mortgage rate 20 year fixed6.65%

Verified crowdsourced average

Budget Planning

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Quality of Life in Sydney

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Sydney offers an exceptional quality of life with high safety ratings, low pollution levels, and a healthcare system that is among the best in the world. The city's balance of professional opportunity and leisure—facilitated by its numerous parks, beaches, and temperate climate—offsets the high cost of living for many residents.

3 Days in Sydney: A Budget Itinerary

Day 1 Itinerary

Explore the Rocks District and walk across the Sydney Harbour Bridge for free. Visit the Royal Botanic Garden and view the Opera House from Mrs Macquarie's Chair. Budget dinner at a local pub in Surry Hills.

Day 2 Itinerary

Take the public ferry from Circular Quay to Manly (approx A$10-15 return) for stunning harbour views. Hike the North Head Sanctuary trail or relax at Shelly Beach. Evening at a Darling Harbour food court.

Day 3 Itinerary

Morning Bondi to Coogee coastal walk (Free). Swim at Bronte or Bondi Icebergs. Explore the markets at Paddington or Glebe. Enjoy a sunset picnic at Observatory Hill.