Cost of Living in Sydney Australia (2026)

Sydney is Australias largest city and typically has the highest cost of living, particularly for housing. However, it also offers high salaries and diverse career opportunities.

Housing costs

• Average rent: $2,800 – $3,500 per month for a 1-bedroom apartment in the city
• Shared accommodation: $1,200 – $1,800 per month
• Outer suburbs rent: $2,000 – $2,500 per month

Other key costs

• Groceries: $150 – $200 per week
• Public transport: $150 – $200 per month
• Utilities: $150 – $200 per month

Is Sydney worth it?

Sydney offers high salaries especially in finance, tech, and professional services, but housing costs can consume 40-50% of take-home pay for average earners. Use our salary calculator to estimate realistic take-home pay and compare with Sydney costs.