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flag Western Sydney suburbs face severe cost-of-living stress despite moderate incomes, while wealthy areas spend less on housing and save more.

flag A 2023-24 analysis reveals severe economic disparities in Sydney, with residents in western suburbs like Fairfield, Canterbury-Bankstown, and Cumberland facing intense cost-of-living pressures despite average incomes under $105,000. flag They spent up to 27% of income on housing, saved less than 6% annually, and paid higher shares on food, health, and transport. flag In contrast, wealthier areas such as Mosman and Woollahra, where incomes exceed $400,000, spent under 12% on housing and saved over 20%. flag Experts say housing costs and limited access to quality jobs drive the divide, calling for targeted job creation and policy support to improve economic mobility.

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