Thank you Joanna. I am trying to understand if I can maintain or exceed my current standard of living. I used to live in California and then came to DC as a tourist and loved it but I am dealing with bad winters and the social scene here in DC is not as good as in California, what you see as a tourist can be deceptive. That is why I wanted to get a local's perspective as to whether I can match or exceed current standard of living based on numbers. All other things being equal safety etc,. to me quality of life is based on (quality of off time + job you like). Assuming I have the second part locked down. I am trying to get a sense for the quality of off time.
With my current scenario, I can afford a 4 week vacation for two at $8000, spend $1200 on food and entertainment on a monthly basis, pay a mortgage ($2000/month) and own a car ($600/month) and still save 20% of my income. Would this be possible in Sydney ? In the US mortgage is about 20%-30% cheaper than rent if you can afford a 10-20% down payment and you get tax rebates. If renting is cheaper in Sydney then that's fine. Also, I am not frugal but a smart shopper. Can I save 20-30% of the 160k AUD on offer and still maintain the same or similar standard of living. Possible Anyone ?