Income Inequality and Wealth in Sydney, New South Wales 2024

Recent advice...Jane on Stockport, United Kingdom: xThe old parts of town – the underbank and marketplace are much improved. Heaton moor is an excellent place to live. Read more ›

Recent advice...Esther on Sokoto, Nigeria: xThe state is peaceful; low crime rate, affordable accommodations, low transportation prices, good schools and affordable food with an adequate healthcare system. Read more ›

Recent advice...Refilwe on Bethlehem, South Africa: xBethlehem is a small yet vibrant town with all age groups of people and mixed population when it comes to race. The cost of living is fair. I would highly… Read more ›

Recent advice...lucy on Stockholm, Sweden: xStockholm has amazing water views. The Art scene is fab. The food is amazing. Read more ›

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Recent advice...Evy on Brussels, Belgium: xIf moving to Brussels, it’s best to avoid the south of Brussels (Schaarbeek, Etterbeek…) The housing is cheaper but much more dangerous. Belgium is a small country but has very… Read more ›

Recent advice...Agbor on Essen, Germany: xEssen is located in the Northwest Region of Germany. It is an average city with lots of foreigners. It has a very good transport system with many African shops. Read more ›

Recent advice...Cassidy on Bogor, Indonesia: xBe prepared to familiarize yourself with public transport because there are a lot of places that have similar destinations but have different routes. The best way to commute within the… Read more ›

Recent advice...Emmanuel on Nairobi, Kenya: xPlanning to move to Nairobi? Get ready for an exciting mix of city living and thrilling adventures! Experience the lively markets, indulge in mouthwatering street food, and have the awe-inspiring… Read more ›

Recent advice...Pierre on Gaborone, Botswana: xWe live on a homestead, about 12 min drive outside the CBD. The blessing of not having traffic, the vibe of city and nature combined is to die for. Read more ›

Recent advice...Xolani on Johannesburg, South Africa: xJohannesburg residents have a 6th sense about people from here and who understand the unspoken rules of the concrete jungle. Plan your routes, always walk like you know where you… Read more ›

Recent advice...James on Nuremberg, Germany: xSpeaking German would be helpful but not necessary. Cold winters, warm summers, nice people. Finding affordable nice accommodation may be difficult. Read more ›

Recent advice...Evans on Los Angeles, United States: xLos Angeles, often abbreviated as L.A., is the largest city in California and the second-largest in the United States, following New York City. Known for its Mediterranean climate, diverse population,… Read more ›

Recent advice...Neha on Faridabad, India: xWell, I’ve stayed in Faridabad for 9 years. The city has come up and developed quiet a lot since then. There are some good malls and big brands to shop… Read more ›

Recent advice...Frenzer on Nairobi, Kenya: xIf you are moving to Nairobi City, everyone is welcoming and cheerful but if you seem to be a newbie the people will take advantage of it. For example, paying… Read more ›

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Recent advice...Anne on North Adelaide, Australia: xBest kept secret – clean, friendly, beautiful hills and beaches. Read more ›

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Recent advice...Ahmed on Samanoud, Egypt: xWelcome to Samanoud, a historic gem in Egypt’s Gharbia Governorate! Once known as Sebennytos, this city features remnants of a temple dedicated to the god Anhur and his lioness goddess… Read more ›

Recent advice...Grace on Kadoma, Zimbabwe: xIf you’re moving to Kadoma you’ll need to be prepared for the heat and the dust. The roads are dusty and bad but the biggest plus is that its rich… Read more ›

Recent advice...Jeff on Minneapolis, United States: x4 wondrous seasons and thriving activities in each. Great park system thriving downtown and the Mississippi River are all here. Welcoming people convey the famous ‘Minnesota Nice’. Several world class… Read more ›

Recent advice...Esther on Lagos, Nigeria: xLagos, Nigeria is a vibrant, rapidly growing hub that’s always buzzing with energy. Known for its beautiful beaches and historic sites, it is a must-visit for anyone with an adventurous… Read more ›

Recent advice...Erick on Singapore: xIt’s the best place for working due to safety, high salary, and great transportation. Singapore is a city that is suitable for any lifestyle whether you live a frugal living… Read more ›

Recent advice...Jamie on Highlands Ranch, United States: xA really lovely suburb of Denver. Incredibly clean, well planned community. Low crime rate. Very walkable. Lots of conveniences nearby. Tons of parks for the kids. Only downside is that… Read more ›

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Here's what two local experts had to say about wealth and income inequality in Sydney, New South Wales.

When considering moving to Sydney, one should be aware of the cost of living. In recent years rental prices have skyrocketed and those earning minimum wage will be hard-pressed to find accommodation that suits their income. I suggest these people look for a suburb that isn’t in the city center and where there is also consistent public transport to suit their needs. In addition to this, investing in a bicycle is an option that could save someone up to $100 per week.

HELPFUL REPORT

Sydney is a well-developed city, offering a wealth of professional opportunities and recreational activities within the CBD. Less than a 30-minute drive to the east, incredible beaches and coastline make for a relaxing retreat from the hustle and bustle. The one thing to consider if moving to Sydney is the unreliable public transport system; I recommend that those looking to relocate invest in a car.

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Wealth and Income Inequality in Sydney, New South Wales

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