Cost of Living Comparison Between Sydney and Melbourne 

Indices DifferenceInfo
Cost of Living in Melbourne is 7.9% lower than in Sydney (without rent)
Cost of Living Including Rent in Melbourne is 17.0% lower than in Sydney
Rent Prices in Melbourne are 31.1% lower than in Sydney
Restaurant Prices in Melbourne are 0.5% higher than in Sydney
Groceries Prices in Melbourne are 8.5% lower than in Sydney
Local Purchasing Power in Melbourne is 23.4% higher than in Sydney
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Sydney Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 24.22 A$ 25.00 A$      +3.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 A$ 120.00 A$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$ 15.00 A$      0.0 %
Domestic Beer (1 pint draught) 10.32 A$ 10.00 A$      -3.1 %
Imported Beer (12 oz small bottle) 12.00 A$ 10.00 A$      -16.7 %
Cappuccino (regular) 5.04 A$ 5.16 A$      +2.4 %
Coke/Pepsi (12 oz small bottle) 3.81 A$ 3.97 A$      +4.1 %
Water (12 oz small bottle) 3.19 A$ 3.57 A$      +12.1 %
Markets
Sydney Edit Melbourne Edit
Milk (regular), (1 gallon) 8.99 A$ 8.00 A$      -10.9 %
Loaf of Fresh White Bread (1 lb) 3.78 A$ 3.52 A$      -6.9 %
Rice (white), (1 lb) 1.57 A$ 1.50 A$      -4.2 %
Eggs (regular) (12) 6.11 A$ 5.72 A$      -6.4 %
Local Cheese (1 lb) 7.64 A$ 6.59 A$      -13.8 %
Chicken Fillets (1 lb) 5.77 A$ 5.93 A$      +2.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.64 A$ 8.70 A$      -9.8 %
Apples (1 lb) 2.20 A$ 2.02 A$      -8.4 %
Banana (1 lb) 1.92 A$ 1.73 A$      -9.9 %
Oranges (1 lb) 2.09 A$ 1.75 A$      -16.3 %
Tomato (1 lb) 2.92 A$ 2.51 A$      -13.9 %
Potato (1 lb) 1.66 A$ 1.51 A$      -8.9 %
Onion (1 lb) 1.55 A$ 1.46 A$      -5.5 %
Lettuce (1 head) 3.37 A$ 3.27 A$      -2.9 %
Water (1.5 liter bottle) 2.17 A$ 2.15 A$      -1.0 %
Bottle of Wine (Mid-Range) 20.00 A$ 18.00 A$      -10.0 %
Domestic Beer (0.5 liter bottle) 6.94 A$ 7.02 A$      +1.2 %
Imported Beer (12 oz small bottle) 7.99 A$ 8.36 A$      +4.6 %
Cigarettes 20 Pack (Marlboro) 50.00 A$ 45.00 A$      -10.0 %
Transportation
Sydney Edit Melbourne Edit
One-way Ticket (Local Transport) 5.00 A$ 5.30 A$      +6.0 %
Monthly Pass (Regular Price) 217.39 A$ 185.40 A$      -14.7 %
Taxi Start (Normal Tariff) 7.00 A$ 5.50 A$      -21.4 %
Taxi 1 mile (Normal Tariff) 8.05 A$ 4.83 A$      -40.0 %
Taxi 1hour Waiting (Normal Tariff) 85.00 A$ 44.74 A$      -47.4 %
Gasoline (1 gallon) 7.69 A$ 7.27 A$      -5.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 44,423.00 A$ 42,000.00 A$      -5.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,735.68 A$ 34,042.76 A$      -2.0 %
Utilities (Monthly)
Sydney Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 301.80 A$ 237.38 A$      -21.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 38.67 A$ 39.97 A$      +3.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 77.63 A$ 79.50 A$      +2.4 %
Sports And Leisure
Sydney Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 87.57 A$ 82.32 A$      -6.0 %
Tennis Court Rent (1 Hour on Weekend) 29.59 A$ 22.00 A$      -25.7 %
Cinema, International Release, 1 Seat 24.00 A$ 22.00 A$      -8.3 %
Childcare
Sydney Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,086.00 A$ 2,501.72 A$      -18.9 %
International Primary School, Yearly for 1 Child 26,575.74 A$ 28,987.50 A$      +9.1 %
Clothing And Shoes
Sydney Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 110.93 A$ 119.82 A$      +8.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 90.01 A$ 78.88 A$      -12.4 %
1 Pair of Nike Running Shoes (Mid-Range) 162.92 A$ 158.83 A$      -2.5 %
1 Pair of Men Leather Business Shoes 192.09 A$ 171.31 A$      -10.8 %
Rent Per Month
Sydney Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 3,271.95 A$ 2,244.91 A$      -31.4 %
Apartment (1 bedroom) Outside of Centre 2,281.44 A$ 1,793.36 A$      -21.4 %
Apartment (3 bedrooms) in City Centre 6,450.94 A$ 4,121.05 A$      -36.1 %
Apartment (3 bedrooms) Outside of Centre 3,697.48 A$ 2,666.65 A$      -27.9 %
Buy Apartment Price
Sydney Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 2,121.70 A$ 993.27 A$      -53.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,331.60 A$ 796.23 A$      -40.2 %
Salaries And Financing
Sydney Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 6,186.17 A$ 6,340.74 A$      +2.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.35 6.34      -0.2 %
Last update: May 2024June 2024
Contributors in the past 12 months:397409
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