Hi lindaifu,
We moved from Seattle (Ballard) to Sydney about 4 years ago. Back then the financial crisis hadn't quite set in even so the cost of living in Sydney was a shocker! I would say, if you haven't already moved, to expect to pay double for everything. When you are looking at rents beware that even though they advertise rent per week that actually works out to be a bit more since the number of days per month is different per month. Eating out was a surprise too. I remember when we first moved here, after that period of paying rent and bond, we were pretty broke until payday which felt like forever. Finding a cheap place to grab just easy take away was hard. Groceries have recently gone up due to the Queensland floods. Bananas are almost the same price as gold. Just kidding but seriously I have had a banana since February because they are so expensive, about $2 a banana $14 per kilo (2.2 pounds).
If you are moving I'm assuming you have a job already in place. If not then I would suggest having at least two month's saved up giving you a bit of a cushion for finding a job and getting that first pay check. (Just talked to my husband and he says $10,000 with job in place.) Once you have an income in place you'll be fine and honestly, you do get use to the cost of things and you find your favourite cheap eats and happy hour pubs (booze is very expensive here). The pay rate is pretty good for the cost of living. Think someone mentioned 40% higher. Australia is the land of opportunity. The job market is not as competitive depending on your field.
We have actually managed to save quite a bit. I suggest you check out UBank as a supplement bank account. UBank has an amazing 6.51% interest savings account. ItÂ’s pretty awesome. You will also get a Super fund here which is fantastic and you can take all your Super monies home with you if you are temporary. In the beginning financially it is stressful but just keep in mind it does get better. Sydney is a beautiful city and Australia is an amazing country. We absolutely love it here. 240 days of sunshine compared to Seattle's average of 60 days.
As I said weÂ’ve been here for 4 years, if you want to contact me go ahead and send me a PM. IÂ’ll do my best to answer any questions. When you get here check out the Meetup.com American °µÍø½ûÇøs in Sydney group. They do lots of fun activities around town and everyone is very friendly.
Good Luck
,
Emerald City to Oz