Cost of Living in Melbourne, Australia
Australia · Oceania
Cost of Living in Melbourne: Quick Answer
The average cost of living in Melbourne, Australia is approximately $3,000 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 80, using New York City as the 100-point benchmark.
$3,000
Monthly Cost
avg/person
80
Cost Index
NYC = 100
75
Rent Index
NYC = 100
90
Quality of Life
Excellent
78
Safety Index
Good
5.0M
Population
AUD
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $16 |
| Meal for 2 (mid-range) | $75 |
| McMeal at McDonald's | $11 |
| Domestic Beer (0.5L) | $7 |
| Imported Beer (0.33L) | $8 |
| Cappuccino | $4 |
| Coke/Pepsi (0.33L) | $2.5 |
| Water (0.33L) | $2 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.4 |
| Bread (500g) | $2.5 |
| Rice (1kg) | $2 |
| Eggs (12) | $4 |
| Chicken (1kg) | $8 |
| Beef (1kg) | $13 |
| Apples (1kg) | $3 |
| Banana (1kg) | $1.8 |
| Tomato (1kg) | $3.5 |
| Potato (1kg) | $2 |
| Onion (1kg) | $1.8 |
| Water (1.5L) | $1.5 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $4 |
| Monthly Pass | $170 |
| Taxi 1km | $2.5 |
| Gasoline (1L) | $1.7 |
| Volkswagen Golf | $32000 |
| Toyota Corolla | $25000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $185 |
| Mobile Plan | $38 |
| Internet (60 Mbps) | $60 |
| Fitness Club/month | $60 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $1,900/mo |
| 1BR Outside | $1,300/mo |
| 3BR Center | $4,000/mo |
| 3BR Outside | $2,500/mo |
| Price/m² Center | $11,000/m² |
| Price/m² Outside | $7,500/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $4200 |
| Mortgage Interest Rate | 6.1% |
Cost of Living in Melbourne: Complete Guide
The cost of living in Melbourne, Australia, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $3,000. The city's cost of living index is 80, compared with a New York City benchmark of 100.
Monthly Expenses in Melbourne
A typical monthly budget in Melbourne includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Melbourne
A one-bedroom apartment outside the city center costs approximately $1,300 per month, while a one-bedroom apartment in the city center costs around $1,900. A three-bedroom apartment in the center averages $4,000 per month.
Average Salary in Melbourne
The average net salary in Melbourne is approximately $4,200 per month. Purchasing power is rated 85out of 100.
Is Melbourne Expensive to Live In?
With a cost of living index of 80,Melbourne is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Melbourne
Safety
Melbourne has a safety score of 78/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Melbourne is rated 85/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Melbourne is 72/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Melbourne has a purchasing power score of 85/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Melbourne
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Melbourne should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Melbourne fits their monthly budget.
Is Melbourne Affordable?
Affordability depends on income and housing choices. The cost index of 80provides a useful benchmark when comparing Melbourne with other cities.
Key Cost of Living Facts for Melbourne
- Average Monthly Cost
- $3,000
- Cost Index
- 80
- Rent Index
- 75
- Average Net Salary
- $4,200
- Quality of Life
- 90/100
- Safety
- 78/100
- Healthcare
- 85/100
- Currency
- AUD
Frequently Asked Questions About Melbourne
What is the cost of living in Melbourne?
The estimated cost of living in Melbourne, Australia, is approximately $3,000 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Melbourne?
A one-bedroom apartment outside the center costs approximately $1,300 per month, while a one-bedroom apartment in the center costs about $1,900.
Is Melbourne expensive to live in?
Melbourne has a cost index of 80 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Melbourne?
The average net salary in Melbourne is approximately $4,200 per month.
Is Melbourne good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Melbourne is suitable for relocation.