Skyline of Sydney
Cost of Living: 100 5,367,206

Sydney, Australia

Australia's iconic harbour city with world-class beaches, a vibrant economy, and stunning natural beauty.

Updated October 4, 2026

Overview

Sydney is a city in New South Wales with a population of 5,367,206. Australia’s iconic harbour city with world-class beaches, a vibrant economy, and stunning natural beauty. Housing costs are close to the national average. Gardening thrives here — the 6b growing zone supports Cool to mild — apples, pears, berries, many vegetables. A large share of residents hold a bachelor’s degree or higher. Reported crime rates are relatively low.

Last updated: October 04, 2026

Cost of Living 100

Below Average vs Australia Avg (100)

Housing Index 120

Above Average

Median Income A$82,000

Household income

Unemployment 3.8%

Job market health

Sydney vs Australia Average

Cost of Living
Sydney: 100
Australia Avg: 100
Housing Index
Sydney: 120
Australia Avg: 100
State Income Tax
Sydney: 32.5%

Taxes

  • State Income Tax: 32.5%
  • Sales Tax: 10.0%

Economy & Jobs

  • Median Income: A$82,000
  • Unemployment: 3.8%
  • Population: 5,367,206

Climate

  • Sunny Days: 236/year
  • Summer High: 82°F
  • Winter Low: 47°F
  • Farming Zone: USDA Zone 6b

Internet Speed

  • Average 200 Mbps: 80 Mbps
  • Coworking Spaces: 15+ locations

Housing

  • Median Home: A$1,200,000
  • 1BR Rent: A$2500/mo

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Cost of Living

Sydney's cost of living index is 100 (Australia average = 100).

CategorySydneyNational AverageDifference
Overall1001000.0%
Housing120100+20.0%

Data source: ABS, Numbeo, 2026

Housing Market

MetricValue
Median Home PriceA$1,200,000
Median Rent (1BR)A$2500/mo
Median Rent (2BR)A$3,125/mo
Price per Sq FtA$800

Data source: CoreLogic, Domain, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

A$
%
$90,000 down
%
%
A$

Utilities

Estimated monthly utility costs for a typical household in Sydney:

UtilityEstimated Monthly CostNotes
ElectricityA$150
Heating & CoolingA$7Estimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterA$60Includes sewer
Internet (100+ Mbps)A$70Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesA$287Monthly estimate (including heating & cooling)

Data sources: AER, Sydney Water, ACCC 2025

Remote Work Score

Sydney scores —/100 for remote work readiness:

Cost of Living
— 100
Rent
— A$2500
Sunny Days
— 236
Tax
— 32.5%
Unemployment
— 3.8%
Climate
— 82°F / 47°F
Safety
— 0.8 homicides/100k
Population
— 5,367,206
Internet Speed
— 80 Mbps

Climate

Sydney has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January67°F47°F2.5"
April67°F62°F2.8"
July82°F57°F1.5"
October62°F65°F2.2"
USDA Zone 6b

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Sydney faces the following natural hazards:

Heat Wave Extreme Risk

Extreme summer heat.

Wildfire High Risk

Bushfire-prone region with frequent fire seasons.

Flood High Risk

Flash floods and river flooding.

Drought High Risk

Frequent drought conditions.

Cyclone High Risk

Significant cyclone risk.

Severe Storm Moderate Risk

Severe storms and hailstorms.

Tornado Moderate Risk

Eastern Australia experiences tornadoes.

Sandstorm Moderate Risk

Dust storms in interior regions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 32.5%
  • Sales Tax: 10%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.8%.

Crime & Safety

Crime rates in Sydney per 100,000 residents:

365.0
Violent Crime
2,605.0
Property Crime
0.8
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Schools & Education

Total Schools

Academic Schedule

School Hours 8:30 AM – 3:00 PM
Academic Year Late January to December
Term System Quarter — Term 1 (Jan-Apr), Term 2 (Apr-Jun), Term 3 (Jul-Sep), Term 4 (Oct-Dec)
Summer Break December to January (6 weeks)
Winter Break July (2 weeks)
Spring Break April (2 weeks, Easter)

NSW Department of Education sets the calendar.

Universities & Higher Education

4
Universities
#90
Top University Rank
3
Top 500 Universities
Top-Ranked University University of Sydney

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Sydney is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
20.3%
Indigenous
1.1%
Other
21.3%
White/European
57.3%

Education

Bachelor's degree or higher
52.4%
High school graduate
10.8%
Less than high school
1.3%
Some college
35.6%

Religion

Data source: Australian Bureau of Statistics (ABS) Census 2021 (2021)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Sydney, Australia?

The cost of living index in Sydney is 100, which is Lower the Australia national average of 100.

How much does it cost to buy a home in Sydney?

The median home price in Sydney is A$1,200,000. The housing index is 120.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Sydney is approximately A$2500/mo.

Does Sydney, NSW have income tax?

Sydney is in NSW, which has an income tax rate of 32.5%.

What is the climate like in Sydney?

Sydney enjoys approximately 236 sunny days per year. Summer highs reach around 82°F, while winter lows can drop to around 47°F.

Relocation Guides

Data Sources

  • Cost of Living: ABS, Numbeo, 2026
  • Housing Data: CoreLogic, Domain, 2026
  • Income & Employment: ABS Labour Force Survey, 2024
  • Utilities AER, Sydney Water, ACCC 2025

Data last updated: October 21, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.