SavingsMate

Cost of Living: Sydney vs Hobart (2026)

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

The Verdict

Hobart is $12,284/year cheaper than Sydney. You need to earn approximately $21,000 more per year to maintain the same lifestyle in Sydney compared to Hobart.

Side-by-Side Cost Comparison

CategorySydneyHobartWinner
Rent (1br/week)$620$420Hobart
Rent (2br/week)$850$530Hobart
Groceries/week$135$120Hobart
Utilities/month$280$260Hobart
Transport/month$220$155Hobart
Internet & Phone/month$115$108Hobart
Petrol/litre$2.05$2.00Hobart
Median house price$1,420,000$700,000Hobart
Median unit price$830,000$480,000Hobart
Cost of living index10080Hobart

How Much More Do You Need to Earn?

Salary needed in Sydney$80,000/year
Salary needed in Hobart$59,000/year
Difference+$21,000/year
After-tax income difference$15,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Hobart ($200 cheaper)
Rent (2br/week)Hobart ($320 cheaper)
Groceries/weekHobart ($15 cheaper)
Utilities/monthHobart ($20 cheaper)
Transport/monthHobart ($65 cheaper)
Internet & Phone/monthHobart ($7 cheaper)

Net Difference in Annual Costs

Annual cost in Sydney$46,640
Annual cost in Hobart$34,356
Net difference$12,284/year

Living in Hobart saves you $12,284 per year compared to Sydney. That is $1,024/month or $236/week.

Frequently Asked Questions

Is Sydney or Hobart cheaper to live in?

Hobart is cheaper to live in than Sydney by approximately $12,284 per year. Hobart has a cost of living index of 80 compared to 100 for Sydney (Sydney = 100).

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

You need to earn approximately $21,000 more per year (pre-tax) to maintain the same standard of living in Sydney compared to Hobart.

Is rent cheaper in Sydney or Hobart?

A 1-bedroom apartment costs $620/week in Sydney and $420/week in Hobart. Hobart is cheaper for rent by $200/week.

Are groceries more expensive in Sydney or Hobart?

Weekly groceries for a single person cost $135 in Sydney and $120 in Hobart. Hobart is cheaper for groceries.

Which city has cheaper property — Sydney or Hobart?

The median house price in Sydney is $1,420,000 compared to $700,000 in Hobart. Hobart has cheaper property.

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