Cost of Living Comparison Between London and Melbourne 
| Indices Difference |  |
|---|---|
| Consumer Prices in Melbourne are 12.0% lower than in London (without rent) | |
| Consumer Prices Including Rent in Melbourne are 25.2% lower than in London | |
| Rent Prices in Melbourne are 41.5% lower than in London | |
| Restaurant Prices in Melbourne are 23.4% lower than in London | |
| Groceries Prices in Melbourne are 10.4% higher than in London | |
| Local Purchasing Power in Melbourne is 30.9% higher than in London | |
Restaurants | London Edit |
Melbourne Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (38.21 A$) |
13.09 £ (25.00 A$) |
-34.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (152.82 A$) |
62.82 £ (120.00 A$) |
-21.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (15.28 A$) |
7.85 £ (15.00 A$) |
-1.8 % |
| Domestic Beer (1 pint draught) |
6.50 £ (12.42 A$) |
6.28 £ (12.00 A$) |
-3.4 % |
| Imported Beer (12 oz small bottle) |
5.50 £ (10.51 A$) |
5.50 £ (10.50 A$) |
-0.1 % |
| Cappuccino (regular) |
3.58 £ (6.85 A$) |
2.73 £ (5.21 A$) |
-23.9 % |
| Coke/Pepsi (12 oz small bottle) |
1.95 £ (3.72 A$) |
2.08 £ (3.98 A$) |
+7.1 % |
| Water (12 oz small bottle) |
1.58 £ (3.02 A$) |
1.87 £ (3.57 A$) |
+18.4 % |
Markets | London Edit |
Melbourne Edit | |
| Milk (regular), (1 gallon) |
4.95 £ (9.45 A$) |
4.28 £ (8.17 A$) |
-13.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.42 £ (2.71 A$) |
1.89 £ (3.61 A$) |
+33.4 % |
| Rice (white), (1 lb) |
0.90 £ (1.72 A$) |
0.80 £ (1.53 A$) |
-10.9 % |
| Eggs (regular) (12) |
3.29 £ (6.28 A$) |
3.02 £ (5.77 A$) |
-8.1 % |
| Local Cheese (1 lb) |
3.48 £ (6.64 A$) |
3.53 £ (6.74 A$) |
+1.4 % |
| Chicken Fillets (1 lb) |
3.45 £ (6.60 A$) |
3.10 £ (5.92 A$) |
-10.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.75 £ (10.99 A$) |
4.52 £ (8.64 A$) |
-21.3 % |
| Apples (1 lb) |
1.11 £ (2.12 A$) |
1.09 £ (2.08 A$) |
-2.2 % |
| Banana (1 lb) |
0.58 £ (1.11 A$) |
0.91 £ (1.74 A$) |
+57.6 % |
| Oranges (1 lb) |
1.18 £ (2.26 A$) |
0.94 £ (1.80 A$) |
-20.2 % |
| Tomato (1 lb) |
1.37 £ (2.61 A$) |
1.28 £ (2.45 A$) |
-6.2 % |
| Potato (1 lb) |
0.57 £ (1.09 A$) |
0.79 £ (1.52 A$) |
+39.4 % |
| Onion (1 lb) |
0.54 £ (1.04 A$) |
0.78 £ (1.48 A$) |
+42.9 % |
| Lettuce (1 head) |
0.92 £ (1.76 A$) |
1.70 £ (3.24 A$) |
+83.6 % |
| Water (1.5 liter bottle) |
1.25 £ (2.40 A$) |
1.06 £ (2.03 A$) |
-15.1 % |
| Bottle of Wine (Mid-Range) |
9.25 £ (17.67 A$) |
9.16 £ (17.50 A$) |
-1.0 % |
| Domestic Beer (0.5 liter bottle) |
2.05 £ (3.92 A$) |
3.85 £ (7.36 A$) |
+87.8 % |
| Imported Beer (12 oz small bottle) |
2.41 £ (4.60 A$) |
4.54 £ (8.67 A$) |
+88.4 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (28.65 A$) |
23.56 £ (45.00 A$) |
+57.0 % |
Transportation | London Edit |
Melbourne Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (5.35 A$) |
2.77 £ (5.30 A$) |
-0.9 % |
| Monthly Pass (Regular Price) |
200.00 £ (382.06 A$) |
101.55 £ (194.00 A$) |
-49.2 % |
| Taxi Start (Normal Tariff) |
4.00 £ (7.64 A$) |
3.40 £ (6.50 A$) |
-14.9 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (5.99 A$) |
2.53 £ (4.83 A$) |
-19.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (57.31 A$) |
34.03 £ (65.00 A$) |
+13.4 % |
| Gasoline (1 gallon) |
5.75 £ (10.99 A$) |
3.83 £ (7.32 A$) |
-33.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (52,112.92 A$) |
21,257.68 £ (40,608.50 A$) |
-22.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (49,401.49 A$) |
17,121.08 £ (32,706.35 A$) |
-33.8 % |
Utilities (Monthly) | London Edit |
Melbourne Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
287.04 £ (548.32 A$) |
152.38 £ (291.09 A$) |
-46.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.13 £ (28.91 A$) |
22.56 £ (43.09 A$) |
+49.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.12 £ (59.46 A$) |
42.50 £ (81.18 A$) |
+36.5 % |
Sports And Leisure | London Edit |
Melbourne Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
47.02 £ (89.82 A$) |
46.21 £ (88.27 A$) |
-1.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.91 £ (26.57 A$) |
13.59 £ (25.96 A$) |
-2.3 % |
| Cinema, International Release, 1 Seat |
15.00 £ (28.65 A$) |
11.52 £ (22.00 A$) |
-23.2 % |
Childcare | London Edit |
Melbourne Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,515.60 A$) |
1,287.78 £ (2,460.05 A$) |
-30.0 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (38,310.56 A$) |
15,494.97 £ (29,600.00 A$) |
-22.7 % |
Clothing And Shoes | London Edit |
Melbourne Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.24 £ (157.11 A$) |
68.82 £ (131.46 A$) |
-16.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.97 £ (76.35 A$) |
46.18 £ (88.22 A$) |
+15.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
88.46 £ (168.98 A$) |
87.60 £ (167.34 A$) |
-1.0 % |
| 1 Pair of Men Leather Business Shoes |
93.83 £ (179.25 A$) |
103.42 £ (197.57 A$) |
+10.2 % |
Rent Per Month | London Edit |
Melbourne Edit | |
| Apartment (1 bedroom) in City Centre |
2,238.00 £ (4,275.25 A$) |
1,325.50 £ (2,532.09 A$) |
-40.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,624.67 £ (3,103.60 A$) |
1,055.27 £ (2,015.88 A$) |
-35.0 % |
| Apartment (3 bedrooms) in City Centre |
4,322.37 £ (8,257.01 A$) |
2,513.62 £ (4,801.75 A$) |
-41.8 % |
| Apartment (3 bedrooms) Outside of Centre |
2,871.05 £ (5,484.56 A$) |
1,571.16 £ (3,001.38 A$) |
-45.3 % |
Buy Apartment Price | London Edit |
Melbourne Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (2,504.79 A$) |
644.48 £ (1,231.15 A$) |
-50.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
716.48 £ (1,368.69 A$) |
549.25 £ (1,049.23 A$) |
-23.3 % |
Salaries And Financing | London Edit |
Melbourne Edit | |
| Average Monthly Net Salary (After Tax) |
3,209.54 £ (6,131.17 A$) |
3,143.89 £ (6,005.77 A$) |
-2.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.60 | 6.59 | +17.8 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 914 | 424 |
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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 |