Based on 2026 cost of living data, here's how much you need to earn (before tax) in Sydney, Australia — from bare minimum to living well.
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Try Wise for Free →We start with actual monthly costs in Sydney: rent for a 1-bedroom apartment, groceries, utilities, transport, and healthcare. For the "comfortable" tier, we apply the 50/30/20 rule — your essentials should be 50% of take-home pay, leaving 30% for wants and 20% for savings.
We then reverse-calculate the gross (pre-tax) salary you'd need, using Australia's progressive tax brackets and mandatory deductions. All figures are in AUD for 2026.
How much you need varies dramatically within Sydney. Here's the breakdown for 24 neighborhoods:
| Neighborhood | Get By | Comfortable | Live Well |
|---|---|---|---|
| Double Bay | A$79,525 | A$176,346 | A$233,341 |
| Mosman | A$78,454 | A$173,964 | A$229,931 |
| CBD | A$76,846 | A$170,391 | A$224,815 |
| Bondi | A$75,238 | A$166,818 | A$219,700 |
| Pyrmont | A$73,095 | A$162,055 | A$212,880 |
| Surry Hills | A$71,487 | A$158,482 | A$207,764 |
| Paddington | A$71,487 | A$158,482 | A$207,764 |
| Darlinghurst | A$69,879 | A$154,910 | A$202,649 |
| Coogee | A$69,879 | A$154,910 | A$202,649 |
| Kirribilli | A$69,879 | A$154,910 | A$202,649 |
| Manly | A$68,808 | A$152,528 | A$199,239 |
| Balmain | A$68,808 | A$152,528 | A$199,239 |
| Glebe | A$67,736 | A$150,146 | A$195,828 |
| Newtown | A$66,128 | A$146,574 | A$190,713 |
| Neutral Bay | A$66,128 | A$146,574 | A$190,713 |
| Redfern | A$64,520 | A$143,001 | A$186,157 |
| Chatswood | A$60,769 | A$134,698 | A$175,737 |
| Lane Cove | A$59,161 | A$131,483 | A$171,271 |
| Marrickville | A$58,090 | A$129,339 | A$168,294 |
| Cronulla | A$58,090 | A$129,339 | A$168,294 |
| Parramatta | A$53,803 | A$120,765 | A$156,385 |
| Ryde | A$53,803 | A$120,765 | A$156,385 |
| Hornsby | A$51,659 | A$116,478 | A$150,430 |
| Bankstown | A$48,444 | A$110,047 | A$141,499 |
To live comfortably in Sydney in 2026, you need a gross annual salary of approximately A$140,619. This covers rent, groceries, utilities, transport, healthcare, and leaves 30% for wants and 20% for savings (50/30/20 rule). The minimum to get by is A$63,449.
Monthly rent for a 1-bedroom apartment in Sydney is approximately A$3,126. Essential monthly expenses (groceries, utilities, transport, healthcare) add roughly A$1,343. The effective tax rate is 23.7%.
A$63,449 is the bare minimum salary to get by in Sydney — it covers rent and essential expenses with very little left over. For a comfortable lifestyle with savings, you'd want at least A$140,619.
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