SpendVerdict

Salary guide · AU

What salary do you need to live in Sydney?

Rent in Sydney ranges from A$1,800 to A$4,800/month. The salary you need depends on which tier you're aiming for. Despite the numbers, the median Sydney renter spends 35% of income on rent — above the 30% guideline — because many earn less than the "comfortable" threshold.

Salary thresholds for Sydney

Minimum / budgetA$61,714/yr

Afford the cheapest 10% of rentals (A$1,800/mo) spending 35% of income

Tight but possible in budget-end areas

ComfortableA$116,000/yr

Afford median rent (A$2,900/mo) at the recommended 30% rule

Standard benchmark for financial stability

Spacious / premiumA$230,400/yr

Afford upper-tier rent (A$4,800/mo) spending 25% of income

Room for savings and lifestyle spending

How Sydney renters actually spend

Bottom 25% of renters spend25% of income
Median renter spends35% of income
Top 25% of renters spend47% of income

Source: NSW Rental Bond Board + ABS Housing Expenditure Survey 2022–23 (post-surge adjusted) · 2023

Context: Sydney median income

City median annual incomeA$80,000/yr

The "comfortable" salary threshold (A$116,000/yr) is 45% above the city median income — explaining why housing costs are a pressure point for many local residents.

Check your own affordability →

Frequently asked questions

What is the minimum salary to live in Sydney?

To afford budget-level accommodation (bottom 10% of the market, around A$1,800/month) without spending more than 35% of income on rent, you need roughly A$61,714/year gross.

What salary do you need to live comfortably in Sydney?

Financial advisors typically recommend spending no more than 30% of gross income on rent. At Sydney's median rent of A$2,900/month, that requires a gross annual salary of at least A$116,000.

Is A$80,000/year enough to live in Sydney?

The city median income of A$80,000/year is below the A$116,000 needed to comfortably afford median rent at 30%. This is why 35% of Sydney renters spend more than the 30% guideline on housing.

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