## Money in Sydney vs. London

*Before we begin, this article is best read on desktop to see the full price comparison :)*

Moving to London was a big step for me personally, but a big step back for me financially. In my 24 years, I did not pay for rent or groceries, and while I saved a lot, I also had a lot of leftover disposable income that I spent on books and fashion.

The shift from Sydney to London changed my financial habits in these ways:

- I spent less money on eating out for dinner because I had too many leftovers that would go to waste, and I had less friends to hang out with. Also eating out in London is absolutely crazy; it's normal to pay £20 ($40) per meal
- I spent less money on lunch because I made my own lunches, and in Sydney I used to buy lunch every weekday
- I spent less money on movies because London prices are a bit more expensive
- I spent more money on shows because there were so many to go to and they cost £20-30 per show compared to $100 per show in Sydney
- I spent less money on fashion because I knew I would have carry them back, and also was adopting a more strict minimalist lifestyle
- I spent less money on books because I knew I would ALSO have to carry those back, and my local London library had a better selection of books than my local one in Sydney
- I spent significantly more on travel because London was so close to everything, and in Sydney I'd take a holiday once every 1-2 years

Note:Any conversions I did from $AUD to £GBP used the conversion rate of AUD$1 = GBP£0.57

## Sydney vs London Recurring Expenses

Below are my numbers for my recurring expenses. Even though I paid $0 in rent and groceries per month, I asked my friends for an average rent and groceries budget and put it in the comparisons below.

Note:£700 per month is for a 2 bedroom upstairs terrace flat around 35 minutes from Central London (shared with my partner).

### Expense

Rent (+ utilities)

Groceries

Phone Bill

Transport

Dinner

Lunch

Swimming

Movies

Shows/Concerts

### Sydney Price

**$1300** per month*

**$60** per week*

**$40** per month

**$40** per week

**$20** per person

**$10** per person

**$7.7** per entry

**$11** per movie

**$100** per show

### London Price

**£700** per month

**£25** per week

**£15** per month

**£25** per week

**£20** per person

**£12** per person

**£3.5** per entry

**£7.5** per movie

**£30** per show

## Sydney vs London Recurring Monthly Expenses

This is my monthly total based on my numbers above, and these reflect my average expenditure per month.

### Expense

Rent (+ utilities)

Groceries

Phone Bill

Transport

Dinner

Lunch

Swimming

Movies

Shows/Concerts

**Total**

### Sydney Monthly Total

**$1300** per month*

**$260** per month*

**$40** per month

**$175** per month

**$260** per month

**$260** per month

**$34** per month

**$33** per month

**$25** per month

**$2387** per month*(or £1360 per month)*

### London Monthly Total

**£700** per month

**£109** per month

**£15** per month

**£109** per month

**£217** per month

**£130 **per month

**£13** per month

**£15** per month

**£30** per month

**£1338** per month*(or $2347 per month)*

## Other Expenses

These numbers reflect my monthly averages for each category. Books and fashion dropped once I moved to London, while travel significantly increased. Everything else stayed around the same because my habits didn't change so much.

My subscriptions include: Netflix, Spotify, Adobe CC, VPN, Google Suite, Google Storage, domain names and Squarespace.

### Expense

Books

Tech

Beauty

Travel

Stationery

Fashion

Subscriptions

**Total**

### Sydney Monthly Total

**$30** per month

**$168** per month

**$30 **per month

**$168** per month

**$15** per month

**$84** per month

**$147** per month

**$642** per month*(or £366 per month)*

### London Monthly Total

**£9** per month

**£85** per month

**£10** per month

**£450** per month

**£8** per month

**£25** per month

**£84** per month

**£671** per month*(or $1177 per month)*

## Total Sydney expenses (for me - rent free)

**$1469** per month*(or £838 per month)*

**$17628** per year*(or £10049 per year)*

## Total Sydney expenses (including "rent/groceries")

**$3029** per month*(or £1727 per month)*

**$36488** per year*(or £20798 per year)*

## Total London expenses

**£2009*** *per month*(or $3524 per month)*

**£24108** per year*(or $42295 per year)*