Melbourne

Cost of Living in Melbourne, Australia

Australia

Quick City Vital Stats

Rent (1 Bed Center)

A$2,450 (approx. $1,595 USD)

Avg Net Income

A$5,850 ($3,800 USD) per month

Local Cappuccino

A$5.50 ($3.58 USD)

Flight Options

1 Routes

Melbourne is consistently ranked as one of the world's most liveable cities, known for its vibrant arts scene, world-class coffee culture, and diverse culinary landscape. However, this high quality of life comes with a significant price tag. As Australia's cultural capital, Melbourne offers a sophisticated urban lifestyle that is generally more affordable than Sydney but more expensive than most other Oceania hubs. Residents benefit from excellent public infrastructure, though housing remains the primary expense for both locals and expatriates.

Plan Your Move

Thinking about moving to Melbourne?

Track flights, log neighborhood visits, and compare your budget against Melbourne in one place with Borderly.

Rent & Housing Prices in Melbourne

3bed centerA$4,600 (approx. $2,990 USD)
1bed centerA$2,450 (approx. $1,595 USD)
price per sqm centerA$11,500 (approx. $7,475 USD)
1bed outsideA$1,900 (approx. $1,235 USD)
3bed outsideA$3,100 (approx. $2,015 USD)

Food & Dining Costs

Meal, Inexpensive Restaurant
A$25.00 ($16.25 USD)
Three-course Meal, Mid-range Restaurant
A$120.00 ($78.00 USD)
McMeal at McDonalds
A$15.00 ($9.75 USD)
Cappuccino (Regular)
A$5.50 ($3.58 USD)
Milk (1 liter)
A$2.30 ($1.50 USD)

Transportation & Commuting

one way ticketA$5.30 ($3.45 USD)
monthly passA$185.00 ($120.25 USD)
taxi startA$5.50 ($3.58 USD)
gasoline 1LA$1.95 ($1.27 USD)

Salary & Financing

mortgage rate6.35% (20-Year Fixed)
Verified crowdsourced average
avg salaryA$5,850 ($3,800 USD) per month
Verified crowdsourced average

Budget Planning

See how far your income goes before you move

Log your current salary and expenses in Borderly to see exactly how much further, or less far, your money goes in Melbourne.

Quality of Life

Melbourne offers an exceptional quality of life characterized by high safety standards, a robust healthcare system (both public and private), and low pollution levels. The city is famous for its 'four seasons in one day' weather and its extensive parks and gardens. While the cost of living is high, the high average wages and cultural amenities offer a balanced lifestyle for professionals and families alike.

3 Days in Melbourne: A Budget Itinerary

Day 1 Itinerary
Explore the CBD laneways (Hosier Lane, Degraves St), visit the National Gallery of Victoria (Free entry), and walk through the Royal Botanic Gardens.
Day 2 Itinerary
Take the tram to St Kilda, walk the pier to see penguins at sunset, and enjoy the bohemian atmosphere of Fitzroy’s Gertrude Street.
Day 3 Itinerary
Browse the Queen Victoria Market for local produce and souvenirs, then take a free tram ride around the City Circle to see historic architecture.

Popular Flights to Melbourne

Get There

Track every flight to Melbourne in one app

Save routes, monitor price drops, and keep your relocation itinerary organized before you land.

Compare Melbourne

Copyright © 2024 Borderly Labs
All rights reserved
Featured on Dofollow.Tools

Borderly AI

iOS App