Cost of Living Comparison Between London and Melbourne 
| Indices Difference |  |
|---|---|
| Cost of Living in Melbourne is 16.7% lower than in London (without rent) | |
| Cost of Living Including Rent in Melbourne is 31.4% lower than in London | |
| Rent Prices in Melbourne are 49.6% lower than in London | |
| Restaurant Prices in Melbourne are 29.6% lower than in London | |
| Groceries Prices in Melbourne are 8.3% higher than in London | |
| Local Purchasing Power in Melbourne is 36.2% higher than in London | |
Restaurants | London Edit |
Melbourne Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (38.43 A$) |
13.01 £ (25.00 A$) |
-34.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (153.72 A$) |
52.04 £ (100.00 A$) |
-34.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (15.37 A$) |
7.81 £ (15.00 A$) |
-2.4 % |
| Domestic Beer (1 pint draught) |
6.50 £ (12.49 A$) |
5.20 £ (10.00 A$) |
-19.9 % |
| Imported Beer (12 oz small bottle) |
5.50 £ (10.57 A$) |
5.20 £ (10.00 A$) |
-5.4 % |
| Cappuccino (regular) |
3.61 £ (6.95 A$) |
2.66 £ (5.11 A$) |
-26.4 % |
| Coke/Pepsi (12 oz small bottle) |
2.05 £ (3.93 A$) |
2.00 £ (3.85 A$) |
-2.1 % |
| Water (12 oz small bottle) |
1.60 £ (3.08 A$) |
1.81 £ (3.48 A$) |
+13.0 % |
Markets | London Edit |
Melbourne Edit | |
| Milk (regular), (1 gallon) |
4.95 £ (9.51 A$) |
4.19 £ (8.05 A$) |
-15.4 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 £ (2.69 A$) |
1.85 £ (3.55 A$) |
+31.9 % |
| Rice (white), (1 lb) |
0.94 £ (1.80 A$) |
0.79 £ (1.52 A$) |
-15.6 % |
| Eggs (regular) (12) |
3.20 £ (6.14 A$) |
2.97 £ (5.70 A$) |
-7.2 % |
| Local Cheese (1 lb) |
3.47 £ (6.66 A$) |
3.39 £ (6.51 A$) |
-2.2 % |
| Chicken Fillets (1 lb) |
3.42 £ (6.57 A$) |
3.06 £ (5.88 A$) |
-10.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (10.60 A$) |
4.45 £ (8.55 A$) |
-19.3 % |
| Apples (1 lb) |
1.20 £ (2.30 A$) |
1.07 £ (2.05 A$) |
-10.8 % |
| Banana (1 lb) |
0.60 £ (1.15 A$) |
0.90 £ (1.72 A$) |
+50.0 % |
| Oranges (1 lb) |
1.20 £ (2.31 A$) |
0.92 £ (1.77 A$) |
-23.4 % |
| Tomato (1 lb) |
1.50 £ (2.89 A$) |
1.28 £ (2.46 A$) |
-14.7 % |
| Potato (1 lb) |
0.57 £ (1.09 A$) |
0.79 £ (1.51 A$) |
+38.2 % |
| Onion (1 lb) |
0.53 £ (1.02 A$) |
0.78 £ (1.50 A$) |
+47.5 % |
| Lettuce (1 head) |
0.97 £ (1.86 A$) |
1.67 £ (3.21 A$) |
+72.0 % |
| Water (1.5 liter bottle) |
1.30 £ (2.49 A$) |
1.10 £ (2.11 A$) |
-15.2 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (18.25 A$) |
9.50 £ (18.25 A$) |
-0.0 % |
| Domestic Beer (0.5 liter bottle) |
2.13 £ (4.08 A$) |
3.71 £ (7.13 A$) |
+74.6 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (4.68 A$) |
4.24 £ (8.16 A$) |
+74.3 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (28.82 A$) |
23.42 £ (45.00 A$) |
+56.1 % |
Transportation | London Edit |
Melbourne Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (5.38 A$) |
2.76 £ (5.30 A$) |
-1.5 % |
| Monthly Pass (Regular Price) |
200.00 £ (384.31 A$) |
99.30 £ (190.80 A$) |
-50.4 % |
| Taxi Start (Normal Tariff) |
4.50 £ (8.65 A$) |
2.86 £ (5.50 A$) |
-36.4 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (6.02 A$) |
2.51 £ (4.83 A$) |
-19.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (57.65 A$) |
20.55 £ (39.48 A$) |
-31.5 % |
| Gasoline (1 gallon) |
5.72 £ (10.99 A$) |
3.77 £ (7.25 A$) |
-34.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
26,955.00 £ (51,795.07 A$) |
21,204.36 £ (40,745.00 A$) |
-21.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (49,692.19 A$) |
17,018.28 £ (32,701.29 A$) |
-34.2 % |
Utilities (Monthly) | London Edit |
Melbourne Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
291.61 £ (560.35 A$) |
123.54 £ (237.38 A$) |
-57.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.14 £ (29.09 A$) |
20.74 £ (39.84 A$) |
+37.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.23 £ (60.00 A$) |
41.20 £ (79.17 A$) |
+31.9 % |
Sports And Leisure | London Edit |
Melbourne Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.61 £ (87.65 A$) |
40.65 £ (78.12 A$) |
-10.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (27.58 A$) |
12.29 £ (23.62 A$) |
-14.4 % |
| Cinema, International Release, 1 Seat |
15.00 £ (28.82 A$) |
11.45 £ (22.00 A$) |
-23.7 % |
Childcare | London Edit |
Melbourne Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,536.29 A$) |
1,208.19 £ (2,321.59 A$) |
-34.3 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (38,536.00 A$) |
15,085.57 £ (28,987.50 A$) |
-24.8 % |
Clothing And Shoes | London Edit |
Melbourne Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
82.36 £ (158.26 A$) |
60.56 £ (116.36 A$) |
-26.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.57 £ (76.04 A$) |
40.18 £ (77.22 A$) |
+1.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
88.67 £ (170.38 A$) |
81.13 £ (155.89 A$) |
-8.5 % |
| 1 Pair of Men Leather Business Shoes |
97.93 £ (188.18 A$) |
86.99 £ (167.16 A$) |
-11.2 % |
Rent Per Month | London Edit |
Melbourne Edit | |
| Apartment (1 bedroom) in City Centre |
2,131.63 £ (4,096.01 A$) |
1,150.43 £ (2,210.59 A$) |
-46.0 % |
| Apartment (1 bedroom) Outside of Centre |
1,606.72 £ (3,087.37 A$) |
925.42 £ (1,778.23 A$) |
-42.4 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (8,498.91 A$) |
2,093.23 £ (4,022.22 A$) |
-52.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (5,493.63 A$) |
1,379.88 £ (2,651.50 A$) |
-51.7 % |
Buy Apartment Price | London Edit |
Melbourne Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,275.48 £ (2,450.89 A$) |
510.74 £ (981.41 A$) |
-60.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (1,420.44 A$) |
409.14 £ (786.18 A$) |
-44.7 % |
Salaries And Financing | London Edit |
Melbourne Edit | |
| Average Monthly Net Salary (After Tax) |
3,516.59 £ (6,757.26 A$) |
3,286.38 £ (6,314.90 A$) |
-6.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.51 | 6.32 | +14.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 927 | 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 |