New York vs Sydney
Home Price & Cost of Living Comparison
Live DataLast updated: March 31, 2026·Source: OECD, Numbeo & National Statistics
💡 Why it matters: New York vs Sydney
New York is 12% more affordable for homebuyers. New York has a price-to-income ratio of 9.2x compared to 11.5x in Sydney.
| Metric | New York | Sydney |
|---|---|---|
| Avg Home Price | $750,000 | $850,000 |
| Price / sqm | $12,500 | $11,000 |
| Rent (1BR) | $3,500/mo | $2,800/mo |
| Rent (3BR) | $5,500/mo | $4,000/mo |
| Price-to-Income | 9.2x | 11.5x |
| Mortgage Rate | 6.8% | 6.2% |
| 1yr Change | +2.1% | +5.5% |
| Median Income | $82,000/yr | $74,000/yr |
| Population | 8,300,000 | 5,300,000 |
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HomePricePeek Research TeamData Specialists
Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
✓ OECD, Numbeo & National Statistics✓ Updated 2025
Frequently Asked Questions
Is New York or Sydney more expensive?
New York is more affordable. Home prices differ by $100,000 (12%).
Which city has cheaper rent, New York or Sydney?
Rent for a 1BR in New York is $3,500/mo vs $2,800/mo in Sydney.
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