why is sydney more expensive than melbourne
Food - 8% Food in Melbourne (Australia) is 8% Sydney is commonly cited as one of the world’s most expensive cities to live in. I have lived in Melbourne 2.5 years and moved to Sydney 4 months back. Melbourne has just been named the world’s most liveable city for the fourth year in a row, but what is it about this city that make’s living there so wonderful, and how does Sydney, which ranked 7th on the same list, compare?Off the back of the rivalry that exists between these two cities, McCrindle Research decided to gather, analyse, compare and present the most significant data of Sydney and Melbourne in a While Sydney is larger, with a population of 4,879,000 Melbourne is growing at a rate that is 18% faster, meaning it will be Australia’s largest city by 2050.“While people tend to think that Sydney is by far Australia’s largest city, its population is only 9% larger than that of Melbourne and the gap is closing. When it comes to food prices, news.com.au analysis of the EIU’s data found that Sydney was more expensive than London, New York and Hong Kong if … Knowing the times starts with knowing what’s happening today.This field is for validation purposes and should be left unchanged.All of our services are designed with one end in mind – to make the unknown known. These are the 10 most expensive suburbs in Australia right now. We break it down in detail here with shopping, food, culture & more. Updated on Aug 2020. Rent or real estate is Australia's most expensive city — Sydney — has risen to number 32 in this year's Cost of Living Index, compiled by price aggregation website Numbeo.com. What I have seen so far in these two cities, I can share that experience- * Cost of Living: Overall cost of living in Australia is quite high. Melbournians also pay a little bit less for groceries and alcohol, although the price of fast food and dining out is roughly identical in both cities. While Sydney’s largest club is the Sydney Swans with just over 40,000 members, Melbourne’s Collingwood club has double that number of memberships (80,793).Melbourne and Sydney also play different sports, with 9 Melbourne AFL teams compared to Sydney’s 2, and 9 Sydney NRL teams compared to the one Melbourne Storm team.Melbourne hosted Australia’s first Olympics in 1956, however Sydney’s was dubbed ‘the best Olympic games ever!’ The 2000 Summer Olympics in Sydney also gained 23 more medal placing’s than Melbourne’s Summer Olympics, held 44 years before.While Sydneysiders earn more on average than Melbournites, they also pay 37% more for their houses, with the average house price in Sydney costed at $843,994 compared to just $615,068 in Melbourne.While the debate for who makes the best coffee is strong between the cities, Melbournites are paying an extra 9 cents per cup than the average Sydney-sider.“Few nations have two cities which dominate the national demographic and economic landscape as Australia has in Sydney and Melbourne.
Prices and comparisons for the whole range of expenses: food, housing, going out, etc. There are as many Australians who live in the two cities of Sydney and Melbourne as there are people in the whole of the states of Queensland, Western Australia, South Australia and the Northern Territory combined”, states social demographer Mark McCrindle.But regardless of the rivalry, one thing we can all agree on is that both Sydney and Melbourne are global cities, with a rich history, diversity, opportunity and amenity of which all Australians can be proud.Sources: Australian Bureau of Statistics, Bureau of Meteorology, McCrindle ResearchIf you found this article interesting, download our free For media commentary contact us on 02 8824 3422 or at Keep updated with the latest insights and trends that come through our research. When travel, accommodation, drinks and staple foods are tallied together, moving to Melbourne could potentially save you thousands of dollars a month.
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