Cost of Living Comparison Between Miami, FL and Melbourne 

Indices DifferenceInfo
Cost of Living in Melbourne is 13.8% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Melbourne is 30.2% lower than in Miami, FL
Rent Prices in Melbourne are 49.8% lower than in Miami, FL
Restaurant Prices in Melbourne are 29.6% lower than in Miami, FL
Groceries Prices in Melbourne are 5.6% lower than in Miami, FL
Local Purchasing Power in Melbourne is 43.7% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(37.59 A$)
16.62 $
(25.00 A$)
     -33.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(150.38 A$)
66.50 $
(100.00 A$)
     -33.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(18.05 A$)
9.97 $
(15.00 A$)
     -16.9 %
Domestic Beer (1 pint draught) 7.00 $
(10.53 A$)
6.65 $
(10.00 A$)
     -5.0 %
Imported Beer (12 oz small bottle) 8.00 $
(12.03 A$)
6.65 $
(10.00 A$)
     -16.9 %
Cappuccino (regular) 4.95 $
(7.45 A$)
3.40 $
(5.11 A$)
     -31.3 %
Coke/Pepsi (12 oz small bottle) 2.83 $
(4.26 A$)
2.56 $
(3.85 A$)
     -9.6 %
Water (12 oz small bottle) 2.25 $
(3.38 A$)
2.32 $
(3.48 A$)
     +3.1 %
Markets
Miami, FL Edit Melbourne Edit
Milk (regular), (1 gallon) 4.33 $
(6.51 A$)
5.35 $
(8.05 A$)
     +23.7 %
Loaf of Fresh White Bread (1 lb) 3.26 $
(4.91 A$)
2.36 $
(3.55 A$)
     -27.6 %
Rice (white), (1 lb) 2.09 $
(3.14 A$)
1.01 $
(1.52 A$)
     -51.6 %
Eggs (regular) (12) 4.09 $
(6.15 A$)
3.79 $
(5.70 A$)
     -7.3 %
Local Cheese (1 lb) 6.07 $
(9.13 A$)
4.33 $
(6.51 A$)
     -28.7 %
Chicken Fillets (1 lb) 5.30 $
(7.97 A$)
3.91 $
(5.88 A$)
     -26.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.25 $
(10.90 A$)
5.69 $
(8.55 A$)
     -21.5 %
Apples (1 lb) 2.88 $
(4.33 A$)
1.37 $
(2.05 A$)
     -52.6 %
Banana (1 lb) 0.83 $
(1.24 A$)
1.15 $
(1.72 A$)
     +38.7 %
Oranges (1 lb) 1.98 $
(2.98 A$)
1.18 $
(1.77 A$)
     -40.6 %
Tomato (1 lb) 2.23 $
(3.35 A$)
1.64 $
(2.46 A$)
     -26.6 %
Potato (1 lb) 1.14 $
(1.71 A$)
1.01 $
(1.51 A$)
     -11.7 %
Onion (1 lb) 1.47 $
(2.21 A$)
1.00 $
(1.50 A$)
     -32.1 %
Lettuce (1 head) 2.74 $
(4.11 A$)
2.13 $
(3.21 A$)
     -22.1 %
Water (1.5 liter bottle) 2.24 $
(3.36 A$)
1.41 $
(2.11 A$)
     -37.1 %
Bottle of Wine (Mid-Range) 13.50 $
(20.30 A$)
12.14 $
(18.25 A$)
     -10.1 %
Domestic Beer (0.5 liter bottle) 2.03 $
(3.06 A$)
4.74 $
(7.13 A$)
     +133.1 %
Imported Beer (12 oz small bottle) 2.53 $
(3.81 A$)
5.42 $
(8.16 A$)
     +114.2 %
Cigarettes 20 Pack (Marlboro) 9.90 $
(14.89 A$)
29.92 $
(45.00 A$)
     +202.3 %
Transportation
Miami, FL Edit Melbourne Edit
One-way Ticket (Local Transport) 2.25 $
(3.38 A$)
3.52 $
(5.30 A$)
     +56.6 %
Monthly Pass (Regular Price) 113.75 $
(171.05 A$)
126.88 $
(190.80 A$)
     +11.5 %
Taxi Start (Normal Tariff) 2.98 $
(4.47 A$)
3.66 $
(5.50 A$)
     +22.9 %
Taxi 1 mile (Normal Tariff) 2.10 $
(3.16 A$)
3.21 $
(4.83 A$)
     +52.9 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(36.09 A$)
26.25 $
(39.48 A$)
     +9.4 %
Gasoline (1 gallon) 3.51 $
(5.27 A$)
4.82 $
(7.25 A$)
     +37.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(52,631.81 A$)
27,095.31 $
(40,745.00 A$)
     -22.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(37,526.77 A$)
21,746.26 $
(32,701.29 A$)
     -12.9 %
Utilities (Monthly)
Miami, FL Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(254.43 A$)
157.86 $
(237.38 A$)
     -6.7 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.16 $
(94.97 A$)
26.50 $
(39.84 A$)
     -58.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.16 $
(94.98 A$)
52.65 $
(79.17 A$)
     -16.6 %
Sports And Leisure
Miami, FL Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 78.86 $
(118.58 A$)
51.95 $
(78.12 A$)
     -34.1 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $
(35.88 A$)
15.71 $
(23.62 A$)
     -34.2 %
Cinema, International Release, 1 Seat 15.00 $
(22.56 A$)
14.63 $
(22.00 A$)
     -2.5 %
Childcare
Miami, FL Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(1,748.13 A$)
1,543.85 $
(2,321.59 A$)
     +32.8 %
International Primary School, Yearly for 1 Child 28,333.33 $
(42,606.70 A$)
19,276.60 $
(28,987.50 A$)
     -32.0 %
Clothing And Shoes
Miami, FL Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 50.35 $
(75.72 A$)
77.38 $
(116.36 A$)
     +53.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.89 $
(81.04 A$)
51.35 $
(77.21 A$)
     -4.7 %
1 Pair of Nike Running Shoes (Mid-Range) 83.00 $
(124.81 A$)
103.66 $
(155.87 A$)
     +24.9 %
1 Pair of Men Leather Business Shoes 100.36 $
(150.91 A$)
111.16 $
(167.16 A$)
     +10.8 %
Rent Per Month
Miami, FL Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 2,769.58 $
(4,164.81 A$)
1,470.04 $
(2,210.59 A$)
     -46.9 %
Apartment (1 bedroom) Outside of Centre 2,113.76 $
(3,178.61 A$)
1,182.52 $
(1,778.23 A$)
     -44.1 %
Apartment (3 bedrooms) in City Centre 5,437.97 $
(8,177.44 A$)
2,674.77 $
(4,022.22 A$)
     -50.8 %
Apartment (3 bedrooms) Outside of Centre 3,811.40 $
(5,731.46 A$)
1,763.24 $
(2,651.50 A$)
     -53.7 %
Buy Apartment Price
Miami, FL Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 605.52 $
(910.56 A$)
652.54 $
(981.27 A$)
     +7.8 %
Price per Square Feet to Buy Apartment Outside of Centre 370.66 $
(557.39 A$)
522.74 $
(786.08 A$)
     +41.0 %
Salaries And Financing
Miami, FL Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 4,206.58 $
(6,325.71 A$)
4,222.40 $
(6,349.51 A$)
     +0.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.59 6.32      -4.1 %
Last update: May 2024May 2024
Contributors in the past 12 months:151418