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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.
Full price comparison, by category
(click to expand each category)
Food | -14% | |||
---|---|---|---|---|
Housing | -22% | |||
Clothes | +8% | |||
Transportation | +22% | |||
Personal Care | -42% | |||
Entertainment | -31% | |||
TOTAL | -12% |
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
Detailed prices for each city individually
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Compare other countries
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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Prices recently added
- Utilities, monthly for 2 people in 85 m2 in Milan costs €75 (about 1 hour ago)
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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:
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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.
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Overall Comparison:
- The total cost of living in Sydney is reported to be 12% lower than in Los Angeles.
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Data Reliability:
- Acknowledges the limitation that the comparison is based on 954 prices entered by 192 individuals, indicating ongoing efforts to enhance reliability.
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Exchange Rate:
- Mentions an exchange rate of 0.680 USD/AUD, influencing the conversion of prices between the two cities.
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Recent Comparisons:
- Provides additional context by comparing the cost of living in other global cities, offering a broader perspective.
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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.
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Call for Data Contribution:
- Encourages individuals living in Los Angeles to contribute data, emphasizing the collaborative nature of Expatistan.
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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.