Is Parramatta Expensive?

Sydney, Australia

-18% vs Sydney avg

Living in Parramatta, Sydney

Parramatta is one of the most affordable neighborhoods in Sydney, with a cost of living index of 61.1 — that is -18% compared to the Sydney average. Ranked #21 of 24, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around A$2,563/month, compared to a range of A$2,251 in Bankstown to A$4,064 in Double Bay.

Monthly Budget Breakdown

For a typical resident of Parramatta, housing takes up roughly 37% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately A$102,535 before tax.

Typical Salaries in Parramatta

Salaries in Parramatta reflect the local cost of living. Based on the neighborhood COLI of 61.1:

After tax and deductions of 15.9% in Australia, take-home pay for someone earning A$102,535 would be roughly A$86,232/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

61.1
COLI Index
0.82x
vs City Avg
A$2,563
Est. 1BR Rent
#21
of 24 Areas
15.9%
Total Deductions

Tax & Deductions in Parramatta

Estimated annual deductions on a A$65,114 salary in Parramatta, Sydney (local employee).

Income Tax
16%
Total Deductions: 15.9%
Est. Take-Home: A$54,792/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Parramatta would need to be elsewhere:

City Currency Equivalent
New York USD $45,825
London GBP £39,436
Dubai AED AED 229,298

Other Neighborhoods in Sydney

Neighborhood COLI Multiplier vs Avg
Double Bay 96.9 1.30x +30%
Mosman 95.4 1.28x +28%
CBD 93.1 1.25x +25%
Bondi 90.9 1.22x +22%
Pyrmont 87.9 1.18x +18%

View all 24 neighborhoods in Sydney →

Convert Your Salary

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Sydney City Comparisons

Sydney vs Melbourne

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Parramatta:

Bromma, Stockholm Täby, Stockholm Long Beach, Los Angeles Ain Khaled, Doha Holon, Tel Aviv Alna, Oslo

Frequently Asked Questions

Is Parramatta expensive in Sydney?

Parramatta is one of the more affordable neighborhoods in Sydney. It costs about -18% less than the city average, ranking #21 out of 24 neighborhoods.

How does Parramatta compare to the Sydney average?

The cost of living in Parramatta is below the Sydney average. With a multiplier of 0.82x, everyday expenses including rent, food, and transportation are -18% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include Australian Bureau of Statistics · Australian Taxation Office · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.