Cost of Living Comparison Between Toronto and Melbourne 

Indices DifferenceInfo
Cost of Living in Melbourne is 0.9% lower than in Toronto (without rent)
Cost of Living Including Rent in Melbourne is 9.8% lower than in Toronto
Rent Prices in Melbourne are 23.9% lower than in Toronto
Restaurant Prices in Melbourne are 13.5% lower than in Toronto
Groceries Prices in Melbourne are 3.0% higher than in Toronto
Local Purchasing Power in Melbourne is 33.5% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(27.57 A$)
22.67 C$
(25.00 A$)
     -9.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(132.34 A$)
90.67 C$
(100.00 A$)
     -24.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(16.54 A$)
13.60 C$
(15.00 A$)
     -9.3 %
Domestic Beer (1 pint draught) 8.00 C$
(8.82 A$)
9.07 C$
(10.00 A$)
     +13.3 %
Imported Beer (12 oz small bottle) 10.00 C$
(11.03 A$)
9.07 C$
(10.00 A$)
     -9.3 %
Cappuccino (regular) 5.40 C$
(5.95 A$)
4.64 C$
(5.11 A$)
     -14.1 %
Coke/Pepsi (12 oz small bottle) 2.95 C$
(3.25 A$)
3.49 C$
(3.85 A$)
     +18.5 %
Water (12 oz small bottle) 2.23 C$
(2.46 A$)
3.16 C$
(3.48 A$)
     +41.6 %
Markets
Toronto Edit Melbourne Edit
Milk (regular), (1 gallon) 15.73 C$
(17.35 A$)
7.29 C$
(8.05 A$)
     -53.6 %
Loaf of Fresh White Bread (1 lb) 3.44 C$
(3.79 A$)
3.22 C$
(3.55 A$)
     -6.3 %
Rice (white), (1 lb) 2.10 C$
(2.32 A$)
1.38 C$
(1.52 A$)
     -34.3 %
Eggs (regular) (12) 4.78 C$
(5.28 A$)
5.17 C$
(5.70 A$)
     +8.0 %
Local Cheese (1 lb) 6.87 C$
(7.57 A$)
5.90 C$
(6.51 A$)
     -14.1 %
Chicken Fillets (1 lb) 7.57 C$
(8.34 A$)
5.34 C$
(5.88 A$)
     -29.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.36 C$
(9.22 A$)
7.76 C$
(8.55 A$)
     -7.2 %
Apples (1 lb) 2.35 C$
(2.59 A$)
1.86 C$
(2.05 A$)
     -20.7 %
Banana (1 lb) 0.93 C$
(1.02 A$)
1.56 C$
(1.72 A$)
     +68.8 %
Oranges (1 lb) 2.37 C$
(2.61 A$)
1.61 C$
(1.77 A$)
     -32.1 %
Tomato (1 lb) 2.26 C$
(2.49 A$)
2.23 C$
(2.46 A$)
     -1.3 %
Potato (1 lb) 1.58 C$
(1.74 A$)
1.37 C$
(1.51 A$)
     -13.3 %
Onion (1 lb) 1.69 C$
(1.87 A$)
1.36 C$
(1.50 A$)
     -19.8 %
Lettuce (1 head) 3.07 C$
(3.39 A$)
2.91 C$
(3.21 A$)
     -5.4 %
Water (1.5 liter bottle) 2.34 C$
(2.58 A$)
1.92 C$
(2.11 A$)
     -18.1 %
Bottle of Wine (Mid-Range) 18.00 C$
(19.85 A$)
16.55 C$
(18.25 A$)
     -8.1 %
Domestic Beer (0.5 liter bottle) 3.40 C$
(3.75 A$)
6.47 C$
(7.13 A$)
     +90.0 %
Imported Beer (12 oz small bottle) 3.66 C$
(4.03 A$)
7.40 C$
(8.16 A$)
     +102.2 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(22.06 A$)
40.80 C$
(45.00 A$)
     +104.0 %
Transportation
Toronto Edit Melbourne Edit
One-way Ticket (Local Transport) 3.35 C$
(3.69 A$)
4.81 C$
(5.30 A$)
     +43.5 %
Monthly Pass (Regular Price) 156.00 C$
(172.04 A$)
173.01 C$
(190.80 A$)
     +10.9 %
Taxi Start (Normal Tariff) 5.00 C$
(5.51 A$)
4.99 C$
(5.50 A$)
     -0.3 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(3.11 A$)
4.38 C$
(4.83 A$)
     +55.4 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(34.19 A$)
35.80 C$
(39.48 A$)
     +15.5 %
Gasoline (1 gallon) 6.14 C$
(6.77 A$)
6.57 C$
(7.25 A$)
     +7.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,256.00 C$
(37,778.89 A$)
36,945.52 C$
(40,745.00 A$)
     +7.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,429.24 C$
(33,558.59 A$)
29,651.88 C$
(32,701.29 A$)
     -2.6 %
Utilities (Monthly)
Toronto Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.67 C$
(176.09 A$)
215.24 C$
(237.38 A$)
     +34.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.53 C$
(70.06 A$)
36.13 C$
(39.84 A$)
     -43.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.30 C$
(80.84 A$)
71.78 C$
(79.17 A$)
     -2.1 %
Sports And Leisure
Toronto Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 70.84 C$
(78.13 A$)
70.84 C$
(78.12 A$)
     -0.0 %
Tennis Court Rent (1 Hour on Weekend) 27.58 C$
(30.42 A$)
21.42 C$
(23.62 A$)
     -22.3 %
Cinema, International Release, 1 Seat 18.00 C$
(19.85 A$)
19.95 C$
(22.00 A$)
     +10.8 %
Childcare
Toronto Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,526.92 C$
(1,683.94 A$)
2,105.10 C$
(2,321.59 A$)
     +37.9 %
International Primary School, Yearly for 1 Child 24,544.17 C$
(27,068.29 A$)
26,284.41 C$
(28,987.50 A$)
     +7.1 %
Clothing And Shoes
Toronto Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.21 C$
(89.57 A$)
105.51 C$
(116.36 A$)
     +29.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 49.73 C$
(54.85 A$)
70.02 C$
(77.22 A$)
     +40.8 %
1 Pair of Nike Running Shoes (Mid-Range) 138.29 C$
(152.51 A$)
141.36 C$
(155.89 A$)
     +2.2 %
1 Pair of Men Leather Business Shoes 164.34 C$
(181.24 A$)
151.57 C$
(167.16 A$)
     -7.8 %
Rent Per Month
Toronto Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 2,520.21 C$
(2,779.39 A$)
2,004.45 C$
(2,210.59 A$)
     -20.5 %
Apartment (1 bedroom) Outside of Centre 2,156.98 C$
(2,378.80 A$)
1,612.41 C$
(1,778.23 A$)
     -25.2 %
Apartment (3 bedrooms) in City Centre 4,423.44 C$
(4,878.34 A$)
3,647.15 C$
(4,022.22 A$)
     -17.5 %
Apartment (3 bedrooms) Outside of Centre 3,611.03 C$
(3,982.39 A$)
2,404.25 C$
(2,651.50 A$)
     -33.4 %
Buy Apartment Price
Toronto Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,292.64 C$
(1,425.58 A$)
889.89 C$
(981.41 A$)
     -31.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,007.80 C$
(1,111.44 A$)
712.87 C$
(786.18 A$)
     -29.3 %
Salaries And Financing
Toronto Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 4,752.90 C$
(5,241.69 A$)
5,726.04 C$
(6,314.90 A$)
     +20.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 6.32      -2.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:793419