Liverpool vs Penrith: true annual running costs compared (2026)
Last updated July 2026 · council rates current NSW schedules, ATO 88c/km, Opal & Translink fares, AER electricity benchmarks
Liverpool (Liverpool rates (OLG) and Penrith (Penrith rates (OLG) attract comparison from buyers considering suburbs across different council areas at similar distances from Sydney CBD (27.9 km and 49.9 km).
Liverpool runs $432 a year cheaper than Penrith, driven mostly by council rates. Over 10 years at 3% growth that gap compounds to about $4,952.
Over 10 years these two cost about the same to run. The difference here isn't money — it's location, schools and lifestyle.
Get the free report: 10-year costs, flood & fire risk, crime, schools and overall verdict →Liverpool
Penrith
Annual cost breakdown
| Category | Liverpool | Penrith | Difference |
|---|---|---|---|
| Council rates | $1,376 | $1,604 | -$228 |
| Water & sewerage | $1,548 | $1,548 | - |
| Commute (driving) | $6,140 | $6,344 | -$204 |
| Commute (public transport) | $2,400 | $2,400 | - |
| Home insurance | $2,300 | $2,300 | - |
| Body corporate (unit) | $2,100 | $2,100 | - |
| Total (driving) | $11,364 | $11,796 | -$432 |
| Total (public transport) | $7,624 | $7,852 | -$228 |
Green = cheaper. Commute: ATO 88c/km, 220 working days. Insurance AI-estimated; actual premiums vary. Council rates: average residential rate (NSW, IPART-uplifted).
| Dwelling | Liverpool | Penrith | Difference |
|---|---|---|---|
| House | $2,420 | $2,420 | - |
| Unit | $1,920 | $1,920 | - |
Estimated from AER residential benchmarks for each suburb's climate zone at 2025 rates (QLD 30c/kWh, NSW 33c/kWh incl. supply charge; unit ≈ 75% of a house). Get the free report for a breakdown by your exact number of occupants.
Cost breakdown chart
Annual cost breakdown — Liverpool vs Penrith (2026-27)
What the numbers show
Liverpool costs $432 less per year to run by car. Held over ten years at 3% annual cost growth, that gap compounds to $4,952 in favour of Liverpool.
The biggest single gap is council rates at $228 per year.
On public transport the gap is $228 per year, $7,624 from Liverpool versus $7,852 from Penrith.
10-year cumulative cost projection
| Year | Liverpool cumulative | Penrith cumulative | Difference |
|---|---|---|---|
| Year 1 | $11,364 | $11,796 | $432 |
| Year 3 | $35,125 | $36,460 | $1,335 |
| Year 5 | $60,333 | $62,627 | $2,294 |
| Year 10 | $130,276 | $135,228 | $4,952 |
Assumes 3% annual cost growth. Excludes purchase price, mortgage, and personal expenses.
Frequently asked questions
Is Liverpool or Penrith cheaper to live in?
Liverpool is cheaper to run by car at $11,364 per year versus $11,796 for Penrith, a difference of $432 annually. Figures cover council rates, water, commute (ATO 88c/km), and home insurance. Source: SuburbCost 2026 data.
What are council rates in Liverpool and Penrith?
Annual council rates for a house are $1,376 in Liverpool (Liverpool rates (OLG) and $1,604 in Penrith (Penrith rates (OLG). Water and sewerage adds $1,548 in Liverpool and $1,548 in Penrith. Both figures are the average residential rate reported to the Office of Local Government, uplifted by each council's IPART rate peg.
How does the commute cost compare between Liverpool and Penrith?
Annual driving commute costs are $6,140 from Liverpool and $6,344 from Penrith to Sydney CBD (ATO 88c/km). Public transport costs $2,400 from Liverpool and $2,400 from Penrith.
What is the 10-year cost difference between Liverpool and Penrith?
At 3% annual cost growth, Liverpool costs a cumulative $130,276 and Penrith costs $135,228 over 10 years by car. The cumulative difference is $4,952 in favour of Liverpool. Excludes purchase price, mortgage, and personal expenses.
Which of Liverpool and Penrith is best to actually live in?
You've got the costs. Get the free personalised report for the rest: a clear verdict on which suburb wins, the full flood, fire and crime risk profile, nearest schools, estimated electricity cost by number of occupants, and your own loan or rent stress-tested over 10 years. No spam.
Related comparisons
Sources: Liverpool rates (OLG and Penrith rates (OLG rate data, water utility pricing (QLD: Queensland Urban Utilities / Unitywater; NSW: Sydney Water / Hunter Water), ATO 88c/km, and SuburbCost AI insurance estimates. Data updated July 2026.