🇦🇺Cost of Living in Sydney

Australia · Population: 5,310,000 · Cost Index: 80/100

Cost of Living in Sydney

Australia · Oceania

Australia's largest and most iconic city, Sydney is renowned for its stunning harbour, world-famous Opera House, and beautiful beaches. A global financial hub with excellent quality of life, though among the most expensive cities in the Southern Hemisphere.

5,310,000

Population

Cost Index

Safety Index

Quality of Life

Average Monthly Cost: $3,350 (single person, excluding rent)

Estimated monthly budget in Sydney

Typical total monthly cost by household type.

Single person

$3,350

per month

Couple

$5,030

per month

Family of 4

$7,040

per month

Student

$2,510

per month

Estimates based on the average cost of living in Sydney, scaled by household size. Actual costs vary with lifestyle, neighbourhood and housing.

Cost Breakdown

Housing

Avg: $2,462.50

1-Bedroom Apartment (City Center)(per month)

$2,100.00

1-Bedroom Apartment (Outside Center)(per month)

$1,550.00

3-Bedroom Apartment (City Center)(per month)

$3,600.00

3-Bedroom Apartment (Outside Center)(per month)

$2,600.00

Food & Groceries

Avg: $14.20

Meal at Inexpensive Restaurant(per meal)

$18.00

Meal for 2 at Mid-Range Restaurant(per meal)

$85.00

McMeal at McDonald's(per meal)

$10.00

Milk (1 liter)(per liter)

$1.80

Bread (500g loaf)(per loaf)

$2.80

Rice (1 kg)(per kg)

$2.50

Eggs (12)(per dozen)

$4.80

Chicken Breast (1 kg)(per kg)

$10.50

Apples (1 kg)(per kg)

$3.80

Banana (1 kg)(per kg)

$2.80

Transportation

Avg: $28.10

Monthly Public Transit Pass(per month)

$130.00

One-Way Ticket (Local Transport)(per trip)

$3.20

Taxi Start (Normal Tariff)(base fare)

$3.80

Taxi 1km (Normal Tariff)(per km)

$2.10

Gasoline (1 liter)(per liter)

$1.40

Utilities

Avg: $88.33

Basic Utilities (85m² Apt)(per month)

$175.00

Mobile Phone Plan(per month)

$35.00

Internet (60 Mbps+)(per month)

$55.00

Healthcare

Avg: $68.33

Doctor Visit(per visit)

$55.00

Dentist Visit(per visit)

$130.00

Prescription Medicine (avg)(per prescription)

$20.00

Entertainment

Avg: $22.05

Fitness Club Monthly(per month)

$60.00

Cinema Ticket(per ticket)

$16.00

Cappuccino(per cup)

$4.20

Beer (0.5l) at Restaurant(per glass)

$8.00

Clothing

Avg: $80.00

Pair of Jeans (Levi's)(per pair)

$80.00

Summer Dress (Chain Store)(per item)

$50.00

Running Shoes (Nike, Adidas)(per pair)

$110.00

Popular Sydney comparisons

Sydney vs Melbourne Sydney vs Brisbane Sydney vs Perth Sydney vs Adelaide Sydney vs New York Sydney vs London Sydney vs Tokyo Sydney vs Singapore

Frequently asked questions about Sydney

Is Sydney expensive to live in?

Sydney has a cost of living index of 80 out of 100, where New York City scores 100. This makes it relatively expensive compared with most cities we track.

How much money do you need to live in Sydney?

A single person needs an estimated $3,350 per month to live in Sydney, covering rent, food, transport and other essentials. A family or a more comfortable lifestyle will cost more.

What is the cost of living index in Sydney?

Sydney's cost of living index is 80 out of 100. The index is relative to New York City (100), so a score of 50 means overall costs are roughly half those of New York.

What is quality of life like in Sydney?

Sydney scores 76 out of 100 for quality of life and 65 out of 100 for safety in our index.

Data & sources

As an independent cross-check, the World Bank puts the overall price level in Australia at 94 relative to the United States (=100) in 2024. View source

Cost figures on this site are independent estimates, cross-referenced with public data sources including World Bank, Numbeo, Eurostat, OECD.