The Cost of Living in Sydney in 2025
Sydney, renowned for its beaches, culture, and lifestyle, also holds the title of one of the world's most expensive cities. This article breaks down the costs associated with living in Sydney in 2025, helping potential residents determine its affordability.
Housing Costs
Rental Prices
Sydney's rental market is known for its high prices. In 2025:
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A one-bedroom apartment in the city center (CBD) costs between $700 and $950 per week.
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Outside the CBD, a similar apartment might range from $500 to $700 per week.
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Renting a room in a shared house typically costs $200 to $500 per week, depending on location and room size.
Living in a share house can offer significant savings, but it's crucial to consider the living environment and house rules before committing.
Property Purchase
Buying property in Sydney is a major financial undertaking. The median house price ranges from $1 to $2 million. Finding properties outside of Sydney can be more affordable. Studios or one-bedroom apartments may cost between $400,000 to $600,000, but decent sized apartments or houses are normally 800k to a million at least.
Utilities
Regardless of housing type, utility costs are a factor. Utilities (electricity, water, and gas) for an average apartment can range from $150 to $250 per month. Internet plans typically cost $60 to $120 per month, and mobile plans range from $30 to $80 per month.
Transportation
Sydney offers diverse transportation options, including buses, trains, and ferries. An Opal card simplifies access to public transport, and credit/debit cards can also be used.
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Weekly public transport costs average $50 to $70 for regular users.
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Fuel prices are around $2 per liter.
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Parking in the city is expensive and difficult to find. Parking garages, like Wilson's Parking, offer discounts.
Ride-sharing services like Uber or taxis can range from $20 to $100, depending on distance.
Groceries and Dining Out
Food expenses also contribute significantly to the cost of living.
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A weekly grocery bill averages $80 to $150.
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Coffee costs $5 to $8.
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Restaurant meals range from $20 to $40 per person.
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Takeaway and fast food meals typically cost $15 to $25 per person.
Nights out can be expensive, as alcoholic beverages are costly. An average drink is around $10, and cocktails can cost $20 to $25. Expect to spend $50 to $100 or more on a night out.
Other Expenses
Gym memberships generally cost between $15 to $50 per week. Movie tickets are $15 to $25.
Private health insurance can cost $100 to $250 per month for basic coverage. While Medicare is available for Australian permanent residents and citizens, specialist visits may incur additional costs.
Affordability in 2025
On average, a single person's monthly spending in Sydney ranges from $2,000 to $3,500. While Sydney remains an expensive city, careful budgeting, lifestyle choices, and location selection can make it more manageable. Weighing the costs against the desired lifestyle is crucial when considering a move to Sydney.