cityparity

$150,000 in New York City ≈ A$150,543 in Sydney

That salary sits in the top 10% of Australia earners.

New York City vs Sydney: cost of living, compared

Equivalence is solved so household net cash matches across both cities, with taxes, housing, childcare, healthcare, food, and travel all included.

The bottom line

Where each paycheck goes

Every unit of gross, split four ways. Same net cash, very different shape.

New York City · $150,000 Net cash left over: 18%
Tax 31%
Housing 39%
Living 12%
Kept 18%
Sydney · A$150,543 Net cash left over: 26%
Tax 24%
Housing 37%
Living 14%
Kept 26%
Income + payroll tax Housing (rent) Healthcare, food, transit, travel Net cash kept

Full Breakdown

Category New York City Sydney Swing
Gross salary $150,000 A$150,543 ($106,768) Equivalent
Income + payroll tax −$46,607 (31.1%) −A$36,259 (24.1%) A touch lower
Housing (rent) −$57,816 Queens ~$3,455 · Brooklyn ~$3,987 · Manhattan ~$5,803 −A$54,960 2 bed listings typically A$3,444 to A$5,208 ~33% less
Healthcare (household) −$4,490 −A$3,320 + A$3,011 statutory health & care, household total (already in tax above) Universal
Food & groceries −$9,171 −A$9,486 ~27% less
Transit −$1,584 −A$2,400 ~7% more
Discretionary spending −$2,407 −A$3,274 Similar
Travel home −$375 −A$2,000 ~278% more
Net cash kept $27,549 A$38,844 Equal in real terms

Live in either city? Flag any number that looks off.

Computed at the city-median tech-worker salary, New York City (typical professional). Each figure is in the city's local currency, from the same engine as the calculator; sources are cited per row there.

What changes beyond the money

These numbers use one scenario's assumptions. Plug in your own salary, family size, and lifestyle.

Open the interactive calculator to run your own →

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Moving from New York City to Sydney

$150,000 in New York City is worth A$150,543 in Sydney on a household net-cash basis. That is the equivalence figure this tool solves for: the Sydney gross salary whose take-home, after taxes and local costs, lands in the same place as your New York City take-home. Most people are surprised by how large the number is. Most of the gap is taxes.

Taxes are actually lower in Sydney (24.1%) than in New York City (31.1%). That's unusual for a country with a high-tax reputation, and worth checking the bracket structure directly.

Healthcare in Sydney is universal. New York City households pay $4,490 in premiums and out-of-pocket costs per year, and that spending disappears in Sydney. It won't show up in a take-home comparison, but it's real money.

Sydney workers get 20 vacation days per year. New York City averages 0. That 20-day gap does not appear in any salary comparison, but at a typical professional's daily rate it represents thousands of dollars of time that stays in your life rather than being bought back by your employer.

Living costs (housing, food, transit, discretionary) total $70,979 in New York City and A$70,120 in Sydney at these scenario defaults. The breakdown table shows each line item separately, with source citations and last-updated dates available on hover.

Who comes out ahead

If you're single & renting
Sydney

You keep 26% of gross there versus 18%. Housing drives most of that gap.

If you have kids
Sydney widens the gap

You also get universal healthcare on top of the money math in Sydney. Run the family scenario to see it.

If you value time off
Not close

Sydney gives you 18 more paid days off in a typical year, none of which shows on an offer letter.

Common questions

How much do you need to earn in Sydney to match a $150,000 salary in New York City?

About A$150,543. cityparity solves for the Sydney gross salary whose net cash (after taxes, housing, childcare, healthcare, and the rest) equals what you keep in New York City. It's an equivalence, not a raw conversion.

Is healthcare free in Sydney?

Sydney has universal public healthcare, so you avoid US-style deductibles and surprise medical bills. But most working professionals still carry private top-up cover, which cityparity models at about A$3,320 a year and counts in the comparison.

How much vacation and parental leave do you get in Sydney?

Sydney has 31 statutory paid days off a year (vacation plus public holidays) and 26 weeks of parental leave. The substitute-day rule covers only one of the two weekend days, so holidays that land on a weekend are lost and a typical year works out at about 28 days. cityparity compares cities on the typical figure and keeps the statutory one as the underlying fact.

Actually looking to move?

The steps this move actually takes, in the order they happen.

  1. Sort the work permit. Your employer usually files this one, and the processing time sets your move date. Everything below waits on it.How permits work

  2. Land the offer. A$150,543 is your walk-away floor. Our negotiation guide turns it into an anchor, the scripts to hold it, and the trades to make when the base is capped.Get the scripts

  3. Get moving quotes. Once the contract is signed, price the move itself. ReloAdvisor collects quotes for shipping and short-term housing on the Sydney end.Get quotes

  4. Move the money. The deposit on a Sydney flat is usually due before you have a local account. Wise converts USD to AUD at the mid-market rate.Compare rates

  5. Cover the health insurance. Most arrivals hit a gap between leaving one health system and joining the next. Allianz Care quotes interim cover for it.Get a quote

  6. Plan the tax filing. A US passport keeps the IRS in your life in Sydney, on top of whatever Australia wants. Taxes for Expats files the US side for Americans abroad: the exclusion, the foreign tax credit, and the catch-up program if you are already behind.Get a quote

Some links in this list pay cityparity a commission. The order follows the journey, and the comparison above never depends on it. How affiliate links work

Run your own numbers in the interactive calculator →

Understand what's behind these numbers

Related comparisons

See all city comparisons →

Every figure here comes from the same engine as the interactive calculator: real progressive tax brackets, city-median costs, childcare net of government allowances, and the social safety net priced in. Sources are cited per row in the calculator, refreshed annually. Read the full methodology →