Cost of Living Comparison Between London and Melbourne 
| Indices Difference |  |
|---|---|
| Consumer Prices in Melbourne are 13.0% lower than in London (without rent) | |
| Consumer Prices Including Rent in Melbourne are 26.1% lower than in London | |
| Rent Prices in Melbourne are 42.4% lower than in London | |
| Restaurant Prices in Melbourne are 23.2% lower than in London | |
| Groceries Prices in Melbourne are 8.6% higher than in London | |
| Local Purchasing Power in Melbourne is 33.1% higher than in London | |
Restaurants | London Edit |
Melbourne Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
19.00 £ (36.63 A$) |
12.97 £ (25.00 A$) |
-31.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (154.22 A$) |
62.25 £ (120.00 A$) |
-22.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (15.42 A$) |
7.78 £ (15.00 A$) |
-2.7 % |
| Domestic Beer (1 pint draught) |
6.50 £ (12.53 A$) |
6.22 £ (12.00 A$) |
-4.2 % |
| Imported Beer (12 oz small bottle) |
5.50 £ (10.60 A$) |
5.19 £ (10.00 A$) |
-5.7 % |
| Cappuccino (regular) |
3.60 £ (6.95 A$) |
2.68 £ (5.16 A$) |
-25.7 % |
| Coke/Pepsi (12 oz small bottle) |
1.93 £ (3.72 A$) |
2.04 £ (3.93 A$) |
+5.6 % |
| Water (12 oz small bottle) |
1.62 £ (3.12 A$) |
1.87 £ (3.61 A$) |
+15.5 % |
Markets | London Edit |
Melbourne Edit | |
| Milk (regular), (1 gallon) |
4.93 £ (9.51 A$) |
4.26 £ (8.22 A$) |
-13.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 £ (2.70 A$) |
1.87 £ (3.61 A$) |
+33.7 % |
| Rice (white), (1 lb) |
0.90 £ (1.74 A$) |
0.79 £ (1.53 A$) |
-11.7 % |
| Eggs (regular) (12) |
3.30 £ (6.35 A$) |
2.99 £ (5.77 A$) |
-9.1 % |
| Local Cheese (1 lb) |
3.48 £ (6.71 A$) |
3.49 £ (6.74 A$) |
+0.5 % |
| Chicken Fillets (1 lb) |
3.48 £ (6.70 A$) |
3.08 £ (5.95 A$) |
-11.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.82 £ (11.22 A$) |
4.48 £ (8.64 A$) |
-23.0 % |
| Apples (1 lb) |
1.11 £ (2.13 A$) |
1.08 £ (2.08 A$) |
-2.7 % |
| Banana (1 lb) |
0.57 £ (1.10 A$) |
0.90 £ (1.74 A$) |
+58.9 % |
| Oranges (1 lb) |
1.19 £ (2.30 A$) |
0.93 £ (1.80 A$) |
-21.6 % |
| Tomato (1 lb) |
1.38 £ (2.66 A$) |
1.27 £ (2.45 A$) |
-8.0 % |
| Potato (1 lb) |
0.57 £ (1.10 A$) |
0.79 £ (1.52 A$) |
+38.2 % |
| Onion (1 lb) |
0.53 £ (1.02 A$) |
0.77 £ (1.48 A$) |
+44.6 % |
| Lettuce (1 head) |
0.93 £ (1.79 A$) |
1.68 £ (3.24 A$) |
+81.1 % |
| Water (1.5 liter bottle) |
1.27 £ (2.45 A$) |
1.06 £ (2.03 A$) |
-16.9 % |
| Bottle of Wine (Mid-Range) |
9.00 £ (17.35 A$) |
9.08 £ (17.50 A$) |
+0.9 % |
| Domestic Beer (0.5 liter bottle) |
2.08 £ (4.00 A$) |
3.82 £ (7.36 A$) |
+83.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (4.69 A$) |
4.50 £ (8.67 A$) |
+84.7 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (28.92 A$) |
23.34 £ (45.00 A$) |
+55.6 % |
Transportation | London Edit |
Melbourne Edit | |
| One-way Ticket (Local Transport) |
2.85 £ (5.49 A$) |
2.75 £ (5.30 A$) |
-3.5 % |
| Monthly Pass (Regular Price) |
200.00 £ (385.55 A$) |
100.64 £ (194.00 A$) |
-49.7 % |
| Taxi Start (Normal Tariff) |
4.00 £ (7.71 A$) |
3.37 £ (6.50 A$) |
-15.7 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (6.04 A$) |
2.50 £ (4.83 A$) |
-20.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (57.83 A$) |
33.72 £ (65.00 A$) |
+12.4 % |
| Gasoline (1 gallon) |
5.73 £ (11.06 A$) |
3.80 £ (7.32 A$) |
-33.8 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
26,560.00 £ (51,201.19 A$) |
21,065.17 £ (40,608.50 A$) |
-20.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,251.33 £ (50,606.16 A$) |
16,966.02 £ (32,706.35 A$) |
-35.4 % |
Utilities (Monthly) | London Edit |
Melbourne Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
287.04 £ (553.33 A$) |
151.00 £ (291.09 A$) |
-47.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.22 £ (29.34 A$) |
22.35 £ (43.09 A$) |
+46.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.12 £ (60.00 A$) |
42.11 £ (81.18 A$) |
+35.3 % |
Sports And Leisure | London Edit |
Melbourne Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
47.26 £ (91.11 A$) |
46.65 £ (89.93 A$) |
-1.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.66 £ (26.33 A$) |
13.47 £ (25.96 A$) |
-1.4 % |
| Cinema, International Release, 1 Seat |
15.00 £ (28.92 A$) |
11.41 £ (22.00 A$) |
-23.9 % |
Childcare | London Edit |
Melbourne Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,547.73 A$) |
1,276.12 £ (2,460.05 A$) |
-30.7 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (38,660.68 A$) |
15,354.64 £ (29,600.00 A$) |
-23.4 % |
Clothing And Shoes | London Edit |
Melbourne Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.05 £ (160.10 A$) |
68.90 £ (132.83 A$) |
-17.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.97 £ (77.04 A$) |
45.78 £ (88.24 A$) |
+14.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.11 £ (171.78 A$) |
86.62 £ (166.98 A$) |
-2.8 % |
| 1 Pair of Men Leather Business Shoes |
96.33 £ (185.71 A$) |
101.48 £ (195.63 A$) |
+5.3 % |
Rent Per Month | London Edit |
Melbourne Edit | |
| Apartment (1 bedroom) in City Centre |
2,245.83 £ (4,329.42 A$) |
1,313.49 £ (2,532.09 A$) |
-41.5 % |
| Apartment (1 bedroom) Outside of Centre |
1,628.00 £ (3,138.39 A$) |
1,045.71 £ (2,015.88 A$) |
-35.8 % |
| Apartment (3 bedrooms) in City Centre |
4,284.52 £ (8,259.52 A$) |
2,490.85 £ (4,801.75 A$) |
-41.9 % |
| Apartment (3 bedrooms) Outside of Centre |
2,892.31 £ (5,575.66 A$) |
1,556.93 £ (3,001.38 A$) |
-46.2 % |
Buy Apartment Price | London Edit |
Melbourne Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (2,527.68 A$) |
638.89 £ (1,231.63 A$) |
-51.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
716.48 £ (1,381.20 A$) |
544.44 £ (1,049.55 A$) |
-24.0 % |
Salaries And Financing | London Edit |
Melbourne Edit | |
| Average Monthly Net Salary (After Tax) |
3,167.85 £ (6,106.83 A$) |
3,115.42 £ (6,005.77 A$) |
-1.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.57 | 6.59 | +18.4 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 888 | 419 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
Cities near Melbourne: | Cost of Living in Ballarat | 71.73 miles |
| Cost of Living in Wangaratta | 149.91 miles |
| Cost of Living in Albury | 195.47 miles |