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Sydneysiders paying more for transport

Sydney families are forking out record amounts to fill up at the bowser as petrol prices peak at a two-year high.

A NRMA report released on Tuesday found Sydneysiders were spending an average of $22,350 on transport every year, a third of the average NSW income and the highest figure in the nation.

The price hike was attributed to the rising costs of car financing, tolls and fuels.

The price of regular unleaded in Sydney hit $1.41 cents per litre on Tuesday, according to CommSec Research, the highest price since October 2015, the NRMA said.