Cost of Living Comparison Between Melbourne and Sydney 

Indices DifferenceInfo
Consumer Prices in Sydney are 7.3% higher than in Melbourne (without rent)
Consumer Prices Including Rent in Sydney are 15.7% higher than in Melbourne
Rent Prices in Sydney are 31.3% higher than in Melbourne
Restaurant Prices in Sydney are 2.0% lower than in Melbourne
Groceries Prices in Sydney are 9.4% higher than in Melbourne
Local Purchasing Power in Sydney is 14.7% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Sydney Edit Difference
Meal, Inexpensive Restaurant 25.00 A$ 23.00 A$      -8.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 A$ 130.00 A$      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$ 15.00 A$      0.0 %
Domestic Beer (1 pint draught) 10.00 A$ 10.00 A$      0.0 %
Imported Beer (12 oz small bottle) 10.00 A$ 12.00 A$      +20.0 %
Cappuccino (regular) 5.06 A$ 4.97 A$      -1.9 %
Coke/Pepsi (12 oz small bottle) 3.89 A$ 3.81 A$      -1.9 %
Water (12 oz small bottle) 3.66 A$ 3.41 A$      -6.8 %
Markets
Melbourne Edit Sydney Edit
Milk (regular), (1 gallon) 7.93 A$ 8.94 A$      +12.8 %
Loaf of Fresh White Bread (1 lb) 3.52 A$ 3.84 A$      +8.9 %
Rice (white), (1 lb) 1.51 A$ 1.59 A$      +5.2 %
Eggs (regular) (12) 5.75 A$ 5.90 A$      +2.5 %
Local Cheese (1 lb) 6.35 A$ 8.16 A$      +28.5 %
Chicken Fillets (1 lb) 5.90 A$ 5.82 A$      -1.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.54 A$ 10.48 A$      +22.7 %
Apples (1 lb) 2.10 A$ 2.33 A$      +10.5 %
Banana (1 lb) 1.73 A$ 1.85 A$      +7.0 %
Oranges (1 lb) 1.83 A$ 2.12 A$      +15.9 %
Tomato (1 lb) 2.58 A$ 2.92 A$      +13.5 %
Potato (1 lb) 1.58 A$ 1.71 A$      +8.7 %
Onion (1 lb) 1.48 A$ 1.58 A$      +6.5 %
Lettuce (1 head) 3.32 A$ 3.41 A$      +2.7 %
Water (1.5 liter bottle) 2.15 A$ 2.76 A$      +28.5 %
Bottle of Wine (Mid-Range) 17.00 A$ 20.00 A$      +17.6 %
Domestic Beer (0.5 liter bottle) 7.57 A$ 7.98 A$      +5.5 %
Imported Beer (12 oz small bottle) 8.43 A$ 8.47 A$      +0.5 %
Cigarettes 20 Pack (Marlboro) 43.70 A$ 43.58 A$      -0.3 %
Transportation
Melbourne Edit Sydney Edit
One-way Ticket (Local Transport) 5.00 A$ 5.00 A$      0.0 %
Monthly Pass (Regular Price) 195.75 A$ 222.50 A$      +13.7 %
Taxi Start (Normal Tariff) 6.50 A$ 8.00 A$      +23.1 %
Taxi 1 mile (Normal Tariff) 5.23 A$ 7.24 A$      +38.5 %
Taxi 1hour Waiting (Normal Tariff) 65.00 A$ 90.00 A$      +38.5 %
Gasoline (1 gallon) 7.29 A$ 7.79 A$      +6.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40,113.50 A$ 41,260.50 A$      +2.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,486.35 A$ 34,211.10 A$      +5.3 %
Utilities (Monthly)
Melbourne Edit Sydney Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 298.07 A$ 313.82 A$      +5.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 42.67 A$ 40.09 A$      -6.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.56 A$ 83.17 A$      +2.0 %
Sports And Leisure
Melbourne Edit Sydney Edit
Fitness Club, Monthly Fee for 1 Adult 84.53 A$ 104.14 A$      +23.2 %
Tennis Court Rent (1 Hour on Weekend) 25.14 A$ 31.84 A$      +26.6 %
Cinema, International Release, 1 Seat 22.00 A$ 24.50 A$      +11.4 %
Childcare
Melbourne Edit Sydney Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,485.06 A$ 3,060.88 A$      +23.2 %
International Primary School, Yearly for 1 Child 28,877.78 A$ 27,104.38 A$      -6.1 %
Clothing And Shoes
Melbourne Edit Sydney Edit
1 Pair of Jeans (Levis 501 Or Similar) 134.12 A$ 120.21 A$      -10.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 86.67 A$ 103.90 A$      +19.9 %
1 Pair of Nike Running Shoes (Mid-Range) 167.60 A$ 175.44 A$      +4.7 %
1 Pair of Men Leather Business Shoes 202.48 A$ 212.96 A$      +5.2 %
Rent Per Month
Melbourne Edit Sydney Edit
Apartment (1 bedroom) in City Centre 2,440.00 A$ 3,327.06 A$      +36.4 %
Apartment (1 bedroom) Outside of Centre 1,988.19 A$ 2,322.94 A$      +16.8 %
Apartment (3 bedrooms) in City Centre 4,828.25 A$ 6,542.33 A$      +35.5 %
Apartment (3 bedrooms) Outside of Centre 3,107.43 A$ 4,015.15 A$      +29.2 %
Buy Apartment Price
Melbourne Edit Sydney Edit
Price per Square Feet to Buy Apartment in City Centre 1,243.70 A$ 2,428.51 A$      +95.3 %
Price per Square Feet to Buy Apartment Outside of Centre 1,083.06 A$ 1,538.29 A$      +42.0 %
Salaries And Financing
Melbourne Edit Sydney Edit
Average Monthly Net Salary (After Tax) 5,802.34 A$ 5,725.23 A$      -1.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.44      -2.5 %
Last update: February 2024February 2024
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