Cost of Living Comparison Between Sydney and Melbourne 

Indices DifferenceInfo
Consumer Prices in Melbourne are 9.1% lower than in Sydney (without rent)
Consumer Prices Including Rent in Melbourne are 18.2% lower than in Sydney
Rent Prices in Melbourne are 32.4% lower than in Sydney
Restaurant Prices in Melbourne are 5.6% lower than in Sydney
Groceries Prices in Melbourne are 8.8% lower than in Sydney
Local Purchasing Power in Melbourne is 23.5% higher than in Sydney
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Sydney Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 24.00 A$ 25.00 A$      +4.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 A$ 100.00 A$      -16.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$ 15.00 A$      0.0 %
Domestic Beer (1 pint draught) 10.47 A$ 10.00 A$      -4.5 %
Imported Beer (12 oz small bottle) 12.00 A$ 10.00 A$      -16.7 %
Cappuccino (regular) 5.01 A$ 5.10 A$      +1.9 %
Coke/Pepsi (12 oz small bottle) 3.90 A$ 3.88 A$      -0.6 %
Water (12 oz small bottle) 3.13 A$ 3.50 A$      +11.6 %
Markets
Sydney Edit Melbourne Edit
Milk (regular), (1 gallon) 8.48 A$ 8.17 A$      -3.7 %
Loaf of Fresh White Bread (1 lb) 3.78 A$ 3.57 A$      -5.5 %
Rice (white), (1 lb) 1.54 A$ 1.52 A$      -1.4 %
Eggs (regular) (12) 6.08 A$ 5.77 A$      -5.1 %
Local Cheese (1 lb) 7.69 A$ 6.49 A$      -15.6 %
Chicken Fillets (1 lb) 5.83 A$ 5.92 A$      +1.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 9.81 A$ 8.50 A$      -13.4 %
Apples (1 lb) 2.20 A$ 2.05 A$      -6.5 %
Banana (1 lb) 1.89 A$ 1.72 A$      -8.8 %
Oranges (1 lb) 2.08 A$ 1.78 A$      -14.6 %
Tomato (1 lb) 2.87 A$ 2.40 A$      -16.2 %
Potato (1 lb) 1.65 A$ 1.51 A$      -8.2 %
Onion (1 lb) 1.52 A$ 1.47 A$      -3.1 %
Lettuce (1 head) 3.37 A$ 3.21 A$      -4.7 %
Water (1.5 liter bottle) 2.24 A$ 2.11 A$      -5.8 %
Bottle of Wine (Mid-Range) 20.00 A$ 18.50 A$      -7.5 %
Domestic Beer (0.5 liter bottle) 6.98 A$ 7.13 A$      +2.1 %
Imported Beer (12 oz small bottle) 7.99 A$ 8.16 A$      +2.1 %
Cigarettes 20 Pack (Marlboro) 50.00 A$ 45.00 A$      -10.0 %
Transportation
Sydney Edit Melbourne Edit
One-way Ticket (Local Transport) 5.00 A$ 5.30 A$      +6.0 %
Monthly Pass (Regular Price) 218.70 A$ 190.80 A$      -12.8 %
Taxi Start (Normal Tariff) 7.00 A$ 5.50 A$      -21.4 %
Taxi 1 mile (Normal Tariff) 7.24 A$ 4.83 A$      -33.3 %
Taxi 1hour Waiting (Normal Tariff) 85.00 A$ 39.48 A$      -53.6 %
Gasoline (1 gallon) 7.76 A$ 7.27 A$      -6.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 43,711.50 A$ 40,500.00 A$      -7.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 33,728.05 A$ 32,701.29 A$      -3.0 %
Utilities (Monthly)
Sydney Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 290.93 A$ 241.35 A$      -17.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 39.83 A$ 39.68 A$      -0.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 78.27 A$ 80.00 A$      +2.2 %
Sports And Leisure
Sydney Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 88.92 A$ 78.12 A$      -12.1 %
Tennis Court Rent (1 Hour on Weekend) 29.98 A$ 23.62 A$      -21.2 %
Cinema, International Release, 1 Seat 23.00 A$ 22.00 A$      -4.3 %
Childcare
Sydney Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,137.89 A$ 2,321.59 A$      -26.0 %
International Primary School, Yearly for 1 Child 24,043.75 A$ 28,987.50 A$      +20.6 %
Clothing And Shoes
Sydney Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 112.56 A$ 117.67 A$      +4.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 92.23 A$ 77.21 A$      -16.3 %
1 Pair of Nike Running Shoes (Mid-Range) 165.78 A$ 155.86 A$      -6.0 %
1 Pair of Men Leather Business Shoes 196.58 A$ 169.12 A$      -14.0 %
Rent Per Month
Sydney Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 3,265.76 A$ 2,127.76 A$      -34.8 %
Apartment (1 bedroom) Outside of Centre 2,255.04 A$ 1,778.23 A$      -21.1 %
Apartment (3 bedrooms) in City Centre 6,419.81 A$ 3,994.12 A$      -37.8 %
Apartment (3 bedrooms) Outside of Centre 3,669.89 A$ 2,651.50 A$      -27.7 %
Buy Apartment Price
Sydney Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 2,054.57 A$ 981.19 A$      -52.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,286.34 A$ 786.02 A$      -38.9 %
Salaries And Financing
Sydney Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 6,334.90 A$ 6,398.03 A$      +1.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.32 6.34      +0.3 %
Last update: May 2024May 2024
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