What is the Average Cost of Living in Sydney per month/year?

Living in Sydney can be quite expensive as the Consumer Price Index of 115.22 indicates. Housing is particularly expensive. To rent a 3 bedroom apartment in the city is close to $3,500 a month and even in the suburbs it is still well over $2,000. To commute in and around the city expect to pay about $120 a month on public transport. Basic utilities such as gas, electricity and water are about $140. Food and clothing tend to cost above the average.