Cost of Living Comparison Between Melbourne and Gold Coast 

Indices DifferenceInfo
Consumer Prices in Gold Coast are 12.9% lower than in Melbourne (without rent)
Consumer Prices Including Rent in Gold Coast are 9.9% lower than in Melbourne
Rent Prices in Gold Coast are 3.4% lower than in Melbourne
Restaurant Prices in Gold Coast are 11.3% lower than in Melbourne
Groceries Prices in Gold Coast are 19.3% lower than in Melbourne
Local Purchasing Power in Gold Coast is 16.7% higher than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Gold Coast Edit Difference
Meal, Inexpensive Restaurant 25.00 A$ 25.00 A$      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 A$ 90.00 A$      -25.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$ 15.00 A$      0.0 %
Domestic Beer (1 pint draught) 12.00 A$ 8.00 A$      -33.3 %
Imported Beer (12 oz small bottle) 10.00 A$ 10.00 A$      0.0 %
Cappuccino (regular) 5.02 A$ 5.47 A$      +8.9 %
Coke/Pepsi (12 oz small bottle) 3.93 A$ 3.40 A$      -13.5 %
Water (12 oz small bottle) 3.52 A$ 2.50 A$      -28.9 %
Markets
Melbourne Edit Gold Coast Edit
Milk (regular), (1 gallon) 8.79 A$ 6.38 A$      -27.4 %
Loaf of Fresh White Bread (1 lb) 3.19 A$ 2.98 A$      -6.6 %
Rice (white), (1 lb) 1.57 A$ 1.43 A$      -8.8 %
Eggs (regular) (12) 5.47 A$ 4.43 A$      -19.0 %
Local Cheese (1 lb) 7.21 A$ 4.57 A$      -36.6 %
Chicken Fillets (1 lb) 5.96 A$ 4.74 A$      -20.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 11.17 A$ 7.14 A$      -36.0 %
Apples (1 lb) 2.17 A$ 1.92 A$      -11.6 %
Banana (1 lb) 1.72 A$ 1.65 A$      -3.9 %
Oranges (1 lb) 1.93 A$ 1.53 A$      -20.4 %
Tomato (1 lb) 3.46 A$ 3.08 A$      -11.0 %
Potato (1 lb) 1.87 A$ 1.46 A$      -22.2 %
Onion (1 lb) 1.57 A$ 1.16 A$      -26.0 %
Lettuce (1 head) 5.37 A$ 3.67 A$      -31.7 %
Water (1.5 liter bottle) 2.79 A$ 2.75 A$      -1.3 %
Bottle of Wine (Mid-Range) 20.00 A$ 18.00 A$      -10.0 %
Domestic Beer (0.5 liter bottle) 6.84 A$ 5.75 A$      -16.0 %
Imported Beer (12 oz small bottle) 7.17 A$ 5.75 A$      -19.8 %
Cigarettes 20 Pack (Marlboro) 40.00 A$ 35.00 A$      -12.5 %
Transportation
Melbourne Edit Gold Coast Edit
One-way Ticket (Local Transport) 4.60 A$ 5.00 A$      +8.7 %
Monthly Pass (Regular Price) 163.50 A$ 160.00 A$      -2.1 %
Taxi Start (Normal Tariff) 5.00 A$ 5.00 A$      0.0 %
Taxi 1 mile (Normal Tariff) 3.86 A$ 4.02 A$      +4.2 %
Taxi 1hour Waiting (Normal Tariff) 34.14 A$ 50.00 A$      +46.5 %
Gasoline (1 gallon) 7.99 A$ 7.21 A$      -9.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,690.00 A$ 35,000.00 A$      +0.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,624.95 A$ 34,750.00 A$      +21.4 %
Utilities (Monthly)
Melbourne Edit Gold Coast Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 255.63 A$ 185.83 A$      -27.3 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.55 A$ 0.60 A$      +9.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.40 A$ 78.83 A$      -3.2 %
Sports And Leisure
Melbourne Edit Gold Coast Edit
Fitness Club, Monthly Fee for 1 Adult 71.94 A$ 68.96 A$      -4.1 %
Tennis Court Rent (1 Hour on Weekend) 20.00 A$ 30.00 A$      +50.0 %
Cinema, International Release, 1 Seat 22.50 A$ 18.00 A$      -20.0 %
Childcare
Melbourne Edit Gold Coast Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,482.41 A$ 2,355.00 A$      -5.1 %
International Primary School, Yearly for 1 Child 28,987.50 A$ 25,941.00 A$      -10.5 %
Clothing And Shoes
Melbourne Edit Gold Coast Edit
1 Pair of Jeans (Levis 501 Or Similar) 126.37 A$ 103.33 A$      -18.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 81.65 A$ 61.25 A$      -25.0 %
1 Pair of Nike Running Shoes (Mid-Range) 173.31 A$ 173.62 A$      +0.2 %
1 Pair of Men Leather Business Shoes 195.84 A$ 154.17 A$      -21.3 %
Rent Per Month
Melbourne Edit Gold Coast Edit
Apartment (1 bedroom) in City Centre 2,156.00 A$ 2,095.24 A$      -2.8 %
Apartment (1 bedroom) Outside of Centre 1,721.47 A$ 1,900.00 A$      +10.4 %
Apartment (3 bedrooms) in City Centre 3,925.34 A$ 3,487.50 A$      -11.2 %
Apartment (3 bedrooms) Outside of Centre 2,683.81 A$ 2,662.50 A$      -0.8 %
Buy Apartment Price
Melbourne Edit Gold Coast Edit
Price per Square Feet to Buy Apartment in City Centre 1,001.75 A$ 1,412.72 A$      +41.0 %
Price per Square Feet to Buy Apartment Outside of Centre 919.94 A$ 1,284.98 A$      +39.7 %
Salaries And Financing
Melbourne Edit Gold Coast Edit
Average Monthly Net Salary (After Tax) 5,307.65 A$ 5,580.56 A$      +5.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.48 4.47      -0.2 %
Last update: March 2023March 2023
Contributors in the past 12 months:43748
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