Cost Of Living In Sydney vs London

By UniAcco
May 14, 2024 •
Cost Of Living In Sydney vs London

Sydney and London are two of the most popular cities in the world, attracting people from all over the globe. When considering a move to either of these cities, one of the most important factors to consider is the cost of living. In this blog post, we will compare the cost of living in Sydney vs London to help you make an informed decision on which city will best suit you for your study abroad journey.

Cost Of Living Calculator

DescriptionCost (£)
Total Cost of Accommodation100
Total Cost of Transport50
Total Cost of Utilities30
Total Cost of Food70
Total Estimated Cost250

Breakdown Of The Cost Of Living In Sydney vs London

ItemSydneyLondon
Off-Campus AccommodationAUD 705 ($471)GBP 408 ($507)
On-Campus AccommodationAUD 936 ($626)GBP 480 ($597)
TransportationAUD 160 ($107)GBP 159 ($197)
Food AUD 754 ($504)GBP 406 ($505)
UtilitiesAUD 190 ($127)GBP 155 ($192)
EntertainmentAUD 51 ($34)GBP 44 ($54)
GroceriesAUD 182 ($121)GBP 155 ($192)
ClothesAUD 103 ($68)GBP 69 ($85)
Total Cost of Living with Off-Campus Accommodation (Per Month)AUD 1,985 ($1,327)GBP 1,237 ($1,538)
Total Cost of Living with On-Campus Accommodation (Per Month)AUD 2,216 ($1,482)GBP 1,309 ($1,628)

Cost Of Living In Sydney vs London

Housing

Housing is one of the biggest aspects when considering the cost of living in Sydney vs London. In Sydney, the cost of housing varies greatly depending on the neighbourhood and type of accommodation. For example, a one-bedroom apartment in the city centre of Sydney can cost around AUD 2,500 per month, while a similar apartment in a less expensive neighbourhood can cost around AUD 1,800 per month. Outside of the city centre, the cost of housing is generally lower.

In London, the cost of housing is also high, especially in the city centre. A one-bedroom apartment in the city centre of London can cost around GBP 1,500 per month, while a similar apartment in a less expensive neighbourhood can cost around GBP 800 per month. Outside of London, the cost of housing is generally lower.

Transportation

Transportation is another major expense for most people that occurs on a daily basis for most international students. The cost of living in Sydney vs London in terms of transportation varies depending on the mode of transportation and the distance travelled. For example, a monthly pass for public transportation in Sydney can cost around AUD 150, while a similar pass in London can cost around GBP 135. The cost of owning a car is also high due to the high cost of petrol and car insurance.

In London, the cost of public transportation is generally higher than in Sydney. A monthly pass for public transportation in London can cost around GBP 135, while a similar pass in Sydney can cost around AUD 150. However, the cost of owning a car is generally lower due to the lower cost of petrol and car insurance.

Food And Drink

The cost of living in Sydney vs London in terms of food and drink varies immensely. In Sydney, the cost of groceries is generally higher than in London due to the high cost of importing goods. However, eating out is generally cheaper in Sydney than in London. A meal for two at a mid-range restaurant in Sydney can cost around AUD 80, while a similar meal in London can cost around GBP 50.

Healthcare

In Australia, healthcare is mainly funded by the government through the Medicare system. This means that most medical services are provided free of charge or at a low cost. Private health insurance is also available for those who want to access private healthcare services.

In the UK, healthcare is mainly funded by the government through the National Health Service (NHS). This means that most medical services are provided free of charge or at a low cost. Private health insurance is also available for those who want to access private healthcare services.

Conclusion

Overall, the cost of living in Sydney vs London is high for both cities, but it varies depending on the neighbourhood and type of accommodation. Housing, transportation, food and drink, and healthcare are the major expenses to consider when comparing the two cities. While the cost of living in Sydney is generally higher than in London, it offers a high quality of life and a great lifestyle. Ultimately, the decision to move to either city depends on personal preferences and circumstances.

FAQs

Q1. Is Sydney or London better to live in?

Ans: The cost of living in Sydney vs London can vary because they are two different cities in different countries. Although, London has a very vibrant culture and busy streets, whereas, Sydney is more laid back with beautiful beaches.

Q2. Is it cheaper to live in London or Australia?

Ans: London is said to be cheaper than Australia when it comes to the cost of student accommodation in London. This can be challenging for students who have a lower financial budget when moving to study abroad.

Q3. Is Sydney more expensive than London?

Ans: Sydney ranks among the list of most expensive cities to live and it is said to be more expensive than London and New York.

Q4. Why is London so expensive?

Ans: The cost of living in London is among the highest in the world. The recent sharp increase in rental prices is largely the reason for this. The majority of restaurants, bars, clubs, theatres, theatres, taxis, and the London Underground all have rather high prices, which is another significant consideration.

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