SavingsMate

Cost of Living: Canberra vs Sydney (2026)

Side-by-side comparison of living costs between Canberra and Sydney, Australia.

The Verdict

Canberra is $5,720/year cheaper than Sydney. You need to earn approximately $10,000 less per year to maintain the same lifestyle in Canberra compared to Sydney.

Side-by-Side Cost Comparison

CategoryCanberraSydneyWinner
Rent (1br/week)$530$620Canberra
Rent (2br/week)$680$850Canberra
Groceries/week$130$135Canberra
Utilities/month$270$280Canberra
Transport/month$170$220Canberra
Internet & Phone/month$110$115Canberra
Petrol/litre$1.95$2.05Canberra
Median house price$1,000,000$1,420,000Canberra
Median unit price$580,000$830,000Canberra
Cost of living index88100Canberra

How Much More Do You Need to Earn?

Salary needed in Canberra$70,000/year
Salary needed in Sydney$80,000/year
Difference-$10,000/year
After-tax income difference$7,000/year

Check exactly what you take home with our take-home pay calculator.

Which City is Cheaper — Category by Category

Rent (1br/week)Canberra ($90 cheaper)
Rent (2br/week)Canberra ($170 cheaper)
Groceries/weekCanberra ($5 cheaper)
Utilities/monthCanberra ($10 cheaper)
Transport/monthCanberra ($50 cheaper)
Internet & Phone/monthCanberra ($5 cheaper)

Net Difference in Annual Costs

Annual cost in Canberra$40,920
Annual cost in Sydney$46,640
Net difference$5,720/year

Living in Canberra saves you $5,720 per year compared to Sydney. That is $477/month or $110/week.

Frequently Asked Questions

Is Canberra or Sydney cheaper to live in?

Canberra is cheaper to live in than Sydney by approximately $5,720 per year. Canberra has a cost of living index of 88 compared to 100 for Sydney (Sydney = 100).

How much more do you need to earn in Sydney compared to Canberra?

You need to earn approximately $10,000 more per year (pre-tax) to maintain the same standard of living in Sydney compared to Canberra.

Is rent cheaper in Canberra or Sydney?

A 1-bedroom apartment costs $530/week in Canberra and $620/week in Sydney. Canberra is cheaper for rent by $90/week.

Are groceries more expensive in Canberra or Sydney?

Weekly groceries for a single person cost $130 in Canberra and $135 in Sydney. Canberra is cheaper for groceries.

Which city has cheaper property — Canberra or Sydney?

The median house price in Canberra is $1,000,000 compared to $1,420,000 in Sydney. Canberra has cheaper property.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.