Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Perth

Australia

COL index 70.2

vs
Sydney

Australia

COL index 82.4

Perth vs Sydney — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Perth is 14.8% cheaper than Sydney for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
PerthMetricSydneyΔ
70.2Cost of living index82.4+17.4%
€50,000Median gross salary€50,0000.0%
€43,283Net at €50,000 gross€43,2830.0%
€1,780Rent — 1BR centre€2,480+39.3%
€2,583Monthly COL (single)€3,421+32.4%
€61,657PPP — net / COL€52,528-14.8%
13.4%Effective tax @ €50,00013.4%0.0%
§ 02

Monthly expenses — paired

Perth Sydney
Rent — 1BR centre
Perth
€1,780
Sydney
€2,480
Groceries
Perth
€402
Sydney
€462
Utilities
Perth
€212
Sydney
€248
Transport
Perth
€95
Sydney
€118
Internet
Perth
€46
Sydney
€55
Gym
Perth
€48
Sydney
€58
§ 03

Salary equivalence

50,000 gross in Australia = €3,607 net monthly.

To have the same purchasing power in Sydney, you would need roughly €61,144 gross in Australia (≈ €4,234 net monthly, adjusted for cost-of-living index).

€50,000
Perth
€43,283
Net annual · 13.4% effective
PPP-adjusted equivalent
€61,657
Sydney
€43,283
Net annual · 13.4% effective
PPP-adjusted equivalent
€52,528
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§ 04

Pros & cons

Perth
  • +Significantly cheaper rent (€1,780)
  • +Favourable tax rate (13.4%)
  • High rent-to-income ratio (49.3%)
Sydney
  • High cost of living (index 82)
  • +Favourable tax rate (13.4%)
  • High rent-to-income ratio (68.8%)
§ 05

The verdict

Across the data, Perth carries a lower cost-of-living index; Perth wins on purchasing power after costs are netted out. If purchasing power is your north star, Perth edges it.

§ 06

Frequently asked

Is Perth cheaper than Sydney?+

Perth is cheaper. Cost-of-living index: Perth 70.2, Sydney 82.4 — a 14.8% difference (Q1 2026).

What is the cost of living difference between Perth and Sydney?+

Perth sits at 70.2 on our COL index, Sydney at 82.4. That works out to roughly 14.8% — Perth being the cheaper of the two.

Is Perth a good place to live compared to Sydney?+

It depends on priorities. Perth delivers €43,283 net on a €50,000 gross salary at a 13.4% effective tax rate. Sydney delivers €43,283 at 13.4%. Centre 1-bed rent: €1,780 vs €2,480.

How do salaries compare in Perth vs Sydney?+

On a €50,000 gross salary, take-home is €43,283/year (€3,607/month) in Perth and €43,283/year (€3,607/month) in Sydney.

Which city has lower taxes, Perth or Sydney?+

Australia has the lower effective rate at €50,000: Australia 13.4%, Australia 13.4%.

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