Is Sydney Expensive?

Australia · Oceania · Currency: AUD

74.5
COLI Index
#18
of 182 Cities
18.4%
Total Deductions
$2,200
1BR Rent/mo

About Sydney

Sydney has a cost of living index of 74.5, making it a high cost city compared to New York (baseline = 100). It ranks #18 out of 182 cities tracked globally.

The local currency is AUD. A salary of $75,000 USD in New York would need to be approximately A$79,395 in Sydney to maintain the same purchasing power.

The approximate effective income tax rate in Australia is 18% for a mid-range earner. Including social security and other mandatory deductions, the total deduction rate is approximately 18.4%.

Monthly Cost Breakdown in Sydney

Estimated monthly expense allocation for a mid-range earner living in Sydney. Housing costs are based on average one-bedroom rent in the city center ($2,200/month), with other categories adjusted for the local cost of living index.

Housing
45%
Food & Groceries
15%
Transportation
8%
Utilities
6%
Healthcare
4%
Other & Savings
22%

Estimates based on a mid-range salary adjusted for Sydney's COLI of 74.5 and Australia's total deduction rate of 18.4%. Individual expenses will vary.

Tax & Deductions Breakdown in Sydney

Estimated annual deductions for a mid-range salary of A$79,395 in Sydney. This shows all mandatory payroll deductions as a local employee.

Income Tax
18%
Total Deductions: 18.4%
Est. Take-Home: A$64,788/yr

Rates shown are for a local employee. Expat rates may differ — use the main converter for personalized calculations.

Salary Ranges by Job Title in Sydney (2026)

Estimated annual salaries in Sydney (AUD) adjusted for cost of living. These figures represent local purchasing-power-adjusted ranges based on global baseline data.

Job Title Entry Level Mid Level Senior Level
Doctor (General) A$84,688 A$190,547 A$370,508
Surgeon A$127,031 A$296,407 A$529,298
Dentist A$74,102 A$169,375 A$317,579
Pharmacist A$63,516 A$132,324 A$211,719
Nurse A$31,758 A$61,399 A$105,860
Psychologist A$47,637 A$89,981 A$158,789
Software Engineer A$47,637 A$89,981 A$190,547
DevOps Engineer A$52,930 A$100,567 A$185,254
Data Scientist A$52,930 A$100,567 A$179,961
Mechanical Engineer A$42,344 A$82,570 A$148,203
Civil Engineer A$40,227 A$76,219 A$142,910
Electrical Engineer A$44,461 A$84,688 A$153,496
Architect A$40,227 A$76,219 A$137,617
UX Designer A$42,344 A$79,395 A$148,203
Product Manager A$58,223 A$105,860 A$201,133
Project Manager A$47,637 A$84,688 A$158,789
Financial Analyst A$44,461 A$82,570 A$153,496
Accountant A$37,051 A$65,633 A$116,446
Business Analyst A$44,461 A$79,395 A$148,203
Consultant A$47,637 A$95,274 A$190,547
Investment Banker A$84,688 A$158,789 A$370,508
Actuary A$63,516 A$116,446 A$211,719
Lawyer A$52,930 A$105,860 A$232,891
Paralegal A$31,758 A$55,047 A$89,981
Marketing Manager A$40,227 A$76,219 A$142,910
Sales Manager A$42,344 A$84,688 A$169,375
Graphic Designer A$31,758 A$58,223 A$105,860
Content Writer A$26,465 A$52,930 A$95,274
HR Manager A$40,227 A$74,102 A$137,617
Operations Manager A$47,637 A$86,805 A$158,789
CEO / Executive A$105,860 A$232,891 A$529,298
Teacher A$26,465 A$50,813 A$89,981
Professor A$52,930 A$100,567 A$190,547
Research Scientist A$47,637 A$89,981 A$164,082
Pilot A$52,930 A$127,031 A$264,649
Chef A$26,465 A$52,930 A$105,860
Journalist A$26,465 A$55,047 A$100,567

Salary ranges are estimates adjusted by Sydney's COLI (74.5) relative to the New York baseline (100). Actual salaries depend on experience, company, and industry.

How Much Do You Need to Earn in Sydney?

Understanding your take-home pay is critical when evaluating a move to Sydney. With total deductions of approximately 18.4% (income tax + social security) in Australia and average one-bedroom rent of $2,200/month, here is what a mid-range salary looks like:

A$79,395
Gross Annual (Mid-Range)
A$5,399
Monthly Take-Home

After taxes, a mid-range earner in Sydney takes home approximately A$5,399 per month. With housing consuming roughly 45% of after-tax income, careful budgeting is essential in this high cost city. Your purchasing power in Sydney is 134% of what it would be in New York for the same nominal salary.

Neighborhoods in Sydney

24 neighborhoods tracked with cost multipliers relative to the city average. This neighborhood-level data helps you understand exactly how costs vary within Sydney.

NeighborhoodMultipliervs City Avg
Double Bay 1.30x +30%
Mosman 1.28x +28%
CBD 1.25x +25%
Bondi 1.22x +22%
Pyrmont 1.18x +18%
Surry Hills 1.15x +15%
Paddington 1.15x +15%
Darlinghurst 1.12x +12%
Coogee 1.12x +12%
Kirribilli 1.12x +12%
Manly 1.10x +10%
Balmain 1.10x +10%
Glebe 1.08x +8%
Newtown 1.05x +5%
Neutral Bay 1.05x +5%
Redfern 1.02x +2%
Chatswood 0.95x -5%
Lane Cove 0.92x -8%
Marrickville 0.90x -10%
Cronulla 0.90x -10%
Parramatta 0.82x -18%
Ryde 0.82x -18%
Hornsby 0.78x -22%
Bankstown 0.72x -28%

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Salary Comparison: Sydney vs Other Cities

To maintain the same standard of living as $75,000 USD in Sydney, here's what you'd need in other cities:

City COLI Equivalent Salary Difference
New York 100 $100,671 +26%
London 87.5 £66,331 +15%
Singapore 87.7 S$115,015 +15%
Dubai 72.4 AED 264,047 -3%
Berlin 51.2 €43,703 -31%
Tokyo 77.3 ¥12,054,881 +4%
Toronto 62.3 C$84,915 -16%
Bangkok 37.2 ฿1,160,629 -50%

Compare Sydney With Other Cities

See detailed side-by-side comparisons of salaries, rent, taxes, and neighborhoods.

Sydney vs Abu Dhabi Sydney vs Amsterdam Sydney vs Athens Sydney vs Atlanta Sydney vs Auckland Sydney vs Austin Sydney vs Bali (Denpasar) Sydney vs Bangalore Sydney vs Bangkok Sydney vs Barcelona Sydney vs Beijing Sydney vs Berlin Sydney vs Bogotá Sydney vs Boston Sydney vs Brussels Sydney vs Bucharest Sydney vs Budapest Sydney vs Buenos Aires Sydney vs Cairo Sydney vs Cancún Sydney vs Cape Town Sydney vs Casablanca Sydney vs Charlotte Sydney vs Chennai Sydney vs Chiang Mai Sydney vs Chicago Sydney vs Copenhagen Sydney vs Dallas Sydney vs Delhi Sydney vs Denver Sydney vs Doha Sydney vs Dubai Sydney vs Dublin Sydney vs Edinburgh Sydney vs Fukuoka Sydney vs Geneva Sydney vs Guangzhou Sydney vs Hanoi Sydney vs Helsinki Sydney vs Ho Chi Minh City Sydney vs Hong Kong Sydney vs Houston Sydney vs Istanbul Sydney vs Jakarta Sydney vs Krakow Sydney vs Kuala Lumpur Sydney vs Lagos Sydney vs Las Vegas Sydney vs Lima Sydney vs Lisbon Sydney vs London Sydney vs Los Angeles Sydney vs Luxembourg City Sydney vs Madrid Sydney vs Manila Sydney vs Marrakech Sydney vs Medellín Sydney vs Melbourne Sydney vs Mexico City Sydney vs Miami Sydney vs Milan Sydney vs Minneapolis Sydney vs Montevideo Sydney vs Montreal Sydney vs Mumbai Sydney vs Munich Sydney vs Málaga Sydney vs Nairobi Sydney vs Nashville Sydney vs New York Sydney vs Nice Sydney vs Osaka Sydney vs Oslo Sydney vs Panama City Sydney vs Paris Sydney vs Perth Sydney vs Philadelphia Sydney vs Phnom Penh Sydney vs Phoenix Sydney vs Phuket Sydney vs Playa del Carmen Sydney vs Portland Sydney vs Porto Sydney vs Prague Sydney vs Raleigh Sydney vs Riga Sydney vs Riyadh Sydney vs Rome Sydney vs San Diego Sydney vs San Francisco Sydney vs San José (CR) Sydney vs Santiago Sydney vs Seattle Sydney vs Seoul Sydney vs Shanghai Sydney vs Shenzhen Sydney vs Singapore Sydney vs Split Sydney vs Stockholm Sydney vs São Paulo Sydney vs Taipei Sydney vs Tallinn Sydney vs Tampa Sydney vs Tel Aviv Sydney vs Tokyo Sydney vs Toronto Sydney vs Valencia Sydney vs Vancouver Sydney vs Vienna Sydney vs Warsaw Sydney vs Washington DC Sydney vs Zurich

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Frequently Asked Questions

What is the cost of living index for Sydney?

The cost of living index (COLI) for Sydney is 74.5, which ranks #18 out of 182 cities globally. New York is the baseline at 100.

How much salary do I need in Sydney to match $75,000 in New York?

To maintain the same purchasing power as $75,000 USD in New York, you would need approximately A$79,395 in Sydney.

What is the average rent in Sydney?

The average monthly rent for a one-bedroom apartment in the city center of Sydney is approximately $2,200 USD.

What are the total payroll deductions in Australia?

The approximate effective income tax rate for a mid-range earner in Australia is approximately 18%. Including social security and other mandatory contributions, total deductions are approximately 18.4%.

What are the cheapest neighborhoods in Sydney?

The most affordable neighborhoods include Ryde, Hornsby, Bankstown.

What are the most expensive areas in Sydney?

The most expensive neighborhoods are Double Bay, Mosman, CBD.

Data Sources & Methodology

Our cost of living index (COLI) uses New York City as the baseline (COLI = 100). Indices are derived from multiple sources including Numbeo, Expatistan, and national statistics agencies. Exchange rates are sourced from the European Central Bank.

Tax rates represent approximate effective rates for mid-range earners based on OECD Taxing Wages data and do not constitute tax advice. Neighborhood cost multipliers are estimated from local rental indices and property data. Salary ranges are modeled by adjusting global baseline figures by each city's COLI.

Last updated: 2026-02-25. Data is refreshed periodically and may not reflect very recent changes. All figures are estimates for informational purposes only.

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