SavingsMate

Cost of Living: Geelong vs Sydney (2026)

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

The Verdict

Geelong is $13,620/year cheaper than Sydney. You need to earn approximately $23,000 less per year to maintain the same lifestyle in Geelong compared to Sydney.

Side-by-Side Cost Comparison

CategoryGeelongSydneyWinner
Rent (1br/week)$400$620Geelong
Rent (2br/week)$510$850Geelong
Groceries/week$115$135Geelong
Utilities/month$245$280Geelong
Transport/month$170$220Geelong
Internet & Phone/month$105$115Geelong
Petrol/litre$1.95$2.05Geelong
Median house price$750,000$1,420,000Geelong
Median unit price$520,000$830,000Geelong
Cost of living index78100Geelong

How Much More Do You Need to Earn?

Salary needed in Geelong$57,000/year
Salary needed in Sydney$80,000/year
Difference-$23,000/year
After-tax income difference$16,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Geelong ($220 cheaper)
Rent (2br/week)Geelong ($340 cheaper)
Groceries/weekGeelong ($20 cheaper)
Utilities/monthGeelong ($35 cheaper)
Transport/monthGeelong ($50 cheaper)
Internet & Phone/monthGeelong ($10 cheaper)

Net Difference in Annual Costs

Annual cost in Geelong$33,020
Annual cost in Sydney$46,640
Net difference$13,620/year

Living in Geelong saves you $13,620 per year compared to Sydney. That is $1,135/month or $262/week.

Frequently Asked Questions

Is Geelong or Sydney cheaper to live in?

Geelong is cheaper to live in than Sydney by approximately $13,620 per year. Geelong has a cost of living index of 78 compared to 100 for Sydney (Sydney = 100).

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

You need to earn approximately $23,000 more per year (pre-tax) to maintain the same standard of living in Sydney compared to Geelong.

Is rent cheaper in Geelong or Sydney?

A 1-bedroom apartment costs $400/week in Geelong and $620/week in Sydney. Geelong is cheaper for rent by $220/week.

Are groceries more expensive in Geelong or Sydney?

Weekly groceries for a single person cost $115 in Geelong and $135 in Sydney. Geelong is cheaper for groceries.

Which city has cheaper property — Geelong or Sydney?

The median house price in Geelong is $750,000 compared to $1,420,000 in Sydney. Geelong has cheaper property.

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