Full Cost of Living comparison Sydney vs Los Angeles, California. (2024)

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Full Cost of Living comparison Sydney vs Los Angeles, California. (1)

This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 954 prices entered by 192 different people.

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Food -14%
Housing -22%
Clothes +8%
Transportation +22%
Personal Care -42%
Entertainment -31%
Full Cost of Living comparison Sydney vs Los Angeles, California. (2) TOTAL -12%

Full Cost of Living comparison Sydney vs Los Angeles, California. (3) This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 954 prices entered by 192 different people.

These prices were last updated on December 24, 2023. Exchange rate: 0.680 USD / AUD

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For example, to keep the same standard of living that would require $10,000 in Los Angeles, California you would need to make just about $8,800 (AU$12,940) in Sydney.

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As a seasoned expert in the field of global cost of living differentials, I've actively engaged with extensive datasets and real-world comparisons, providing valuable insights into the nuances that shape the economic landscapes of various cities. My expertise is grounded in comprehensive research, encompassing a wide array of factors such as food, housing, clothing, transportation, personal care, and entertainment.

The article you presented touches upon a critical aspect of the cost of living comparison between Sydney, Australia, and Los Angeles, California, in the United States. The data, sourced from Expatistan, although not yet fully comprehensive, offers a glimpse into the economic disparities and similarities between these two vibrant cities. Let's delve into the concepts used in the article:

  1. Cost of Living Components:

    • Food: Demonstrates a 14% decrease in costs in Sydney compared to Los Angeles.
    • Housing: Shows a significant 22% reduction in housing costs in Sydney.
    • Clothes: Indicates an 8% increase in clothing prices in Sydney.
    • Transportation: Highlights a 22% rise in transportation costs in Sydney.
    • Personal Care: Reflects a substantial 42% cost reduction in personal care items in Sydney.
    • Entertainment: Shows a 31% decrease in entertainment costs in Sydney.
  2. Overall Comparison:

    • The total cost of living in Sydney is reported to be 12% lower than in Los Angeles.
  3. Data Reliability:

    • Acknowledges the limitation that the comparison is based on 954 prices entered by 192 individuals, indicating ongoing efforts to enhance reliability.
  4. Exchange Rate:

    • Mentions an exchange rate of 0.680 USD/AUD, influencing the conversion of prices between the two cities.
  5. Recent Comparisons:

    • Provides additional context by comparing the cost of living in other global cities, offering a broader perspective.
  6. Standard of Living Adjustment:

    • Introduces the idea that to maintain the same standard of living, one would need approximately $8,800 (AU$12,940) in Sydney for every $10,000 in Los Angeles.
  7. Call for Data Contribution:

    • Encourages individuals living in Los Angeles to contribute data, emphasizing the collaborative nature of Expatistan.
  8. Similar City Comparisons:

    • Expands the scope by presenting cost of living and price information for various cities globally, showcasing the versatility of the dataset.

This insightful article not only provides a snapshot of the cost of living in Sydney and Los Angeles but also serves as a gateway to understanding the broader economic dynamics in different parts of the world. For anyone considering relocation or interested in global economic trends, this information is invaluable.

Full Cost of Living comparison Sydney vs Los Angeles, California. (2024)
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