Data last updated: August 2026

Chicago, ILSydney, Australia

You would need around 1.2% more money in Sydney, Australia to maintain the same standard of living you have in Chicago, IL.

Overall Cost of Living

1.2%

Sydney, Australia is more expensive than Chicago, IL

1-Bed Rent (City Center)

City A2,406 USD
City B2,518 USD
Difference+4.7%

Groceries (Monthly)

City A293 USD
City B275 USD
Difference-6.1%

Average Net Salary

City A5,136 USD
City B4,206 USD
Difference-18.1%

Editorial Insight: Swapping Chicago, IL for Sydney, Australia? Financially, our models show this is an incredibly smooth transition. The overall cost of living is statistically comparable, with only a 1.2% difference. Because your purchasing power remains largely unchanged, the Remote Wealth team suggests focusing your relocation decisions strictly on lifestyle factors—such as climate, culture, and visa logistics—rather than budget constraints.

Pro Tip:Use this smooth transition to immerse yourself in the local vibe. If there's a language barrier, we recommend spending 15 minutes a day on Babbel before you arrive.Check out Babbel

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Chicago, IL and Sydney, Australia is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Sydney, Australia to maintain your current lifestyle in Chicago, IL.

USD

You need in Sydney, Australia

5,198 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

Moving to Sydney, Australia increases expenses by 1%, which will delay your FIRE timeline unless your income increases significantly.

Budget Simulator

Instantly adapt your Chicago, IL budget to local Sydney, Australia prices. We automatically adjust housing, groceries, and leisure categories.

Housing2518 USD
Groceries275 USD
Utilities & Internet195 USD

Investment Planner

Rent is higher in Sydney, Australia. You'll need to optimize other budget categories to maintain your current investment contributions.