Cost of Living Comparison Between Melbourne and Sydney 

Indices DifferenceInfo
Consumer Prices in Sydney are 0.5% higher than in Melbourne (without rent)
Consumer Prices Including Rent in Sydney are 12.5% higher than in Melbourne
Rent Prices in Sydney are 39.4% higher than in Melbourne
Restaurant Prices in Sydney are 1.3% lower than in Melbourne
Groceries Prices in Sydney are 7.7% lower than in Melbourne
Local Purchasing Power in Sydney is 3.2% higher than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Sydney 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$ 130.00 A$      +8.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$ 15.00 A$      0.0 %
Domestic Beer (1 pint draught) 11.00 A$ 10.00 A$      -9.1 %
Imported Beer (12 oz small bottle) 10.00 A$ 10.00 A$      0.0 %
Cappuccino (regular) 5.00 A$ 4.69 A$      -6.4 %
Coke/Pepsi (12 oz small bottle) 3.92 A$ 3.43 A$      -12.5 %
Water (12 oz small bottle) 3.45 A$ 3.21 A$      -7.0 %
Markets
Melbourne Edit Sydney Edit
Milk (regular), (1 gallon) 8.20 A$ 8.71 A$      +6.2 %
Loaf of Fresh White Bread (1 lb) 3.09 A$ 3.36 A$      +8.6 %
Rice (white), (1 lb) 1.52 A$ 1.37 A$      -9.4 %
Eggs (regular) (12) 5.50 A$ 5.99 A$      +8.8 %
Local Cheese (1 lb) 6.89 A$ 6.10 A$      -11.5 %
Chicken Fillets (1 lb) 6.08 A$ 5.56 A$      -8.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.86 A$ 9.09 A$      -16.4 %
Apples (1 lb) 2.15 A$ 2.01 A$      -6.3 %
Banana (1 lb) 1.71 A$ 1.65 A$      -3.6 %
Oranges (1 lb) 1.79 A$ 1.79 A$      -0.1 %
Tomato (1 lb) 3.52 A$ 3.45 A$      -2.0 %
Potato (1 lb) 1.85 A$ 1.70 A$      -8.0 %
Onion (1 lb) 1.54 A$ 1.49 A$      -3.8 %
Lettuce (1 head) 5.38 A$ 4.17 A$      -22.5 %
Water (1.5 liter bottle) 2.41 A$ 2.24 A$      -7.2 %
Bottle of Wine (Mid-Range) 20.00 A$ 18.00 A$      -10.0 %
Domestic Beer (0.5 liter bottle) 6.56 A$ 6.52 A$      -0.7 %
Imported Beer (12 oz small bottle) 7.10 A$ 7.07 A$      -0.5 %
Cigarettes 20 Pack (Marlboro) 40.00 A$ 41.00 A$      +2.5 %
Transportation
Melbourne Edit Sydney Edit
One-way Ticket (Local Transport) 4.60 A$ 4.97 A$      +8.2 %
Monthly Pass (Regular Price) 162.00 A$ 217.39 A$      +34.2 %
Taxi Start (Normal Tariff) 5.00 A$ 5.00 A$      0.0 %
Taxi 1 mile (Normal Tariff) 3.22 A$ 4.35 A$      +35.0 %
Taxi 1hour Waiting (Normal Tariff) 34.08 A$ 60.00 A$      +76.1 %
Gasoline (1 gallon) 7.99 A$ 7.70 A$      -3.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,000.00 A$ 35,000.00 A$      +6.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,230.21 A$ 29,870.95 A$      +2.2 %
Utilities (Monthly)
Melbourne Edit Sydney Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 247.74 A$ 252.58 A$      +2.0 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.48 A$ 0.87 A$      +79.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.31 A$ 79.57 A$      -2.1 %
Sports And Leisure
Melbourne Edit Sydney Edit
Fitness Club, Monthly Fee for 1 Adult 74.05 A$ 88.17 A$      +19.1 %
Tennis Court Rent (1 Hour on Weekend) 20.00 A$ 25.75 A$      +28.7 %
Cinema, International Release, 1 Seat 23.00 A$ 23.00 A$      0.0 %
Childcare
Melbourne Edit Sydney Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,571.64 A$ 2,522.89 A$      -1.9 %
International Primary School, Yearly for 1 Child 27,988.89 A$ 23,717.65 A$      -15.3 %
Clothing And Shoes
Melbourne Edit Sydney Edit
1 Pair of Jeans (Levis 501 Or Similar) 120.53 A$ 120.28 A$      -0.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 77.76 A$ 81.92 A$      +5.4 %
1 Pair of Nike Running Shoes (Mid-Range) 169.77 A$ 171.53 A$      +1.0 %
1 Pair of Men Leather Business Shoes 185.32 A$ 193.36 A$      +4.3 %
Rent Per Month
Melbourne Edit Sydney Edit
Apartment (1 bedroom) in City Centre 2,003.91 A$ 2,862.17 A$      +42.8 %
Apartment (1 bedroom) Outside of Centre 1,675.41 A$ 2,079.29 A$      +24.1 %
Apartment (3 bedrooms) in City Centre 3,773.68 A$ 5,859.25 A$      +55.3 %
Apartment (3 bedrooms) Outside of Centre 2,575.20 A$ 3,625.30 A$      +40.8 %
Buy Apartment Price
Melbourne Edit Sydney Edit
Price per Square Feet to Buy Apartment in City Centre 976.09 A$ 1,967.58 A$      +101.6 %
Price per Square Feet to Buy Apartment Outside of Centre 867.82 A$ 1,194.45 A$      +37.6 %
Salaries And Financing
Melbourne Edit Sydney Edit
Average Monthly Net Salary (After Tax) 5,473.21 A$ 6,355.43 A$      +16.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.18 4.19      +0.2 %
Last update: February 2023February 2023
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