Cost of Living Comparison Between Melbourne and Helsinki 

Indices DifferenceInfo
Consumer Prices in Helsinki are 15.9% lower than in Melbourne (without rent)
Consumer Prices Including Rent in Helsinki are 17.9% lower than in Melbourne
Rent Prices in Helsinki are 22.6% lower than in Melbourne
Restaurant Prices in Helsinki are 4.7% lower than in Melbourne
Groceries Prices in Helsinki are 26.4% lower than in Melbourne
Local Purchasing Power in Helsinki is 2.6% higher than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Helsinki Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(16.21 €)
20.20 A$
(13.10 €)
     -19.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 A$
(77.83 €)
123.35 A$
(80.00 €)
     +2.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(9.73 €)
13.88 A$
(9.00 €)
     -7.5 %
Domestic Beer (1 pint draught) 11.00 A$
(7.13 €)
10.79 A$
(7.00 €)
     -1.9 %
Imported Beer (12 oz small bottle) 10.00 A$
(6.49 €)
11.56 A$
(7.50 €)
     +15.6 %
Cappuccino (regular) 5.00 A$
(3.25 €)
6.16 A$
(4.00 €)
     +23.1 %
Coke/Pepsi (12 oz small bottle) 3.92 A$
(2.54 €)
3.82 A$
(2.48 €)
     -2.6 %
Water (12 oz small bottle) 3.45 A$
(2.24 €)
2.58 A$
(1.67 €)
     -25.2 %
Markets
Melbourne Edit Helsinki Edit
Milk (regular), (1 gallon) 8.24 A$
(5.35 €)
5.90 A$
(3.83 €)
     -28.4 %
Loaf of Fresh White Bread (1 lb) 3.09 A$
(2.00 €)
3.11 A$
(2.01 €)
     +0.5 %
Rice (white), (1 lb) 1.52 A$
(0.98 €)
1.53 A$
(0.99 €)
     +0.7 %
Eggs (regular) (12) 5.50 A$
(3.57 €)
3.88 A$
(2.51 €)
     -29.5 %
Local Cheese (1 lb) 6.89 A$
(4.47 €)
5.03 A$
(3.26 €)
     -27.1 %
Chicken Fillets (1 lb) 6.08 A$
(3.94 €)
7.25 A$
(4.70 €)
     +19.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.86 A$
(7.05 €)
12.18 A$
(7.90 €)
     +12.1 %
Apples (1 lb) 2.15 A$
(1.39 €)
1.56 A$
(1.01 €)
     -27.3 %
Banana (1 lb) 1.71 A$
(1.11 €)
1.13 A$
(0.74 €)
     -33.9 %
Oranges (1 lb) 1.79 A$
(1.16 €)
1.44 A$
(0.93 €)
     -19.8 %
Tomato (1 lb) 3.52 A$
(2.28 €)
2.47 A$
(1.60 €)
     -29.9 %
Potato (1 lb) 1.85 A$
(1.20 €)
0.71 A$
(0.46 €)
     -61.8 %
Onion (1 lb) 1.54 A$
(1.00 €)
0.94 A$
(0.61 €)
     -38.8 %
Lettuce (1 head) 5.38 A$
(3.49 €)
2.69 A$
(1.74 €)
     -50.0 %
Water (1.5 liter bottle) 2.41 A$
(1.57 €)
2.47 A$
(1.60 €)
     +2.2 %
Bottle of Wine (Mid-Range) 20.00 A$
(12.97 €)
18.50 A$
(12.00 €)
     -7.5 %
Domestic Beer (0.5 liter bottle) 6.56 A$
(4.26 €)
4.01 A$
(2.60 €)
     -38.9 %
Imported Beer (12 oz small bottle) 7.10 A$
(4.61 €)
4.16 A$
(2.70 €)
     -41.5 %
Cigarettes 20 Pack (Marlboro) 40.00 A$
(25.94 €)
14.72 A$
(9.55 €)
     -63.2 %
Transportation
Melbourne Edit Helsinki Edit
One-way Ticket (Local Transport) 4.60 A$
(2.98 €)
4.63 A$
(3.00 €)
     +0.6 %
Monthly Pass (Regular Price) 162.00 A$
(105.07 €)
100.22 A$
(65.00 €)
     -38.1 %
Taxi Start (Normal Tariff) 5.00 A$
(3.24 €)
10.64 A$
(6.90 €)
     +112.8 %
Taxi 1 mile (Normal Tariff) 3.22 A$
(2.09 €)
2.98 A$
(1.93 €)
     -7.5 %
Taxi 1hour Waiting (Normal Tariff) 34.08 A$
(22.10 €)
82.33 A$
(53.40 €)
     +141.6 %
Gasoline (1 gallon) 7.99 A$
(5.19 €)
12.38 A$
(8.03 €)
     +54.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,000.00 A$
(21,403.09 €)
49,338.68 A$
(32,000.00 €)
     +49.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,230.21 A$
(18,958.08 €)
48,395.08 A$
(31,388.00 €)
     +65.6 %
Utilities (Monthly)
Melbourne Edit Helsinki Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 247.74 A$
(160.68 €)
159.31 A$
(103.33 €)
     -35.7 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.48 A$
(0.31 €)
0.10 A$
(0.07 €)
     -79.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.31 A$
(52.73 €)
27.86 A$
(18.07 €)
     -65.7 %
Sports And Leisure
Melbourne Edit Helsinki Edit
Fitness Club, Monthly Fee for 1 Adult 74.05 A$
(48.03 €)
52.50 A$
(34.05 €)
     -29.1 %
Tennis Court Rent (1 Hour on Weekend) 20.00 A$
(12.97 €)
42.40 A$
(27.50 €)
     +112.0 %
Cinema, International Release, 1 Seat 23.00 A$
(14.92 €)
23.13 A$
(15.00 €)
     +0.6 %
Childcare
Melbourne Edit Helsinki Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,571.64 A$
(1,667.91 €)
667.81 A$
(433.12 €)
     -74.0 %
International Primary School, Yearly for 1 Child 27,988.89 A$
(18,152.99 €)
7,647.50 A$
(4,960.00 €)
     -72.7 %
Clothing And Shoes
Melbourne Edit Helsinki Edit
1 Pair of Jeans (Levis 501 Or Similar) 120.53 A$
(78.17 €)
127.44 A$
(82.65 €)
     +5.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 77.76 A$
(50.43 €)
53.75 A$
(34.86 €)
     -30.9 %
1 Pair of Nike Running Shoes (Mid-Range) 169.77 A$
(110.11 €)
114.77 A$
(74.44 €)
     -32.4 %
1 Pair of Men Leather Business Shoes 185.32 A$
(120.20 €)
166.89 A$
(108.24 €)
     -9.9 %
Rent Per Month
Melbourne Edit Helsinki Edit
Apartment (1 bedroom) in City Centre 2,003.91 A$
(1,299.69 €)
1,535.09 A$
(995.62 €)
     -23.4 %
Apartment (1 bedroom) Outside of Centre 1,675.41 A$
(1,086.64 €)
1,211.93 A$
(786.03 €)
     -27.7 %
Apartment (3 bedrooms) in City Centre 3,773.68 A$
(2,447.53 €)
2,933.80 A$
(1,902.80 €)
     -22.3 %
Apartment (3 bedrooms) Outside of Centre 2,575.20 A$
(1,670.22 €)
2,085.79 A$
(1,352.80 €)
     -19.0 %
Buy Apartment Price
Melbourne Edit Helsinki Edit
Price per Square Feet to Buy Apartment in City Centre 976.09 A$
(633.07 €)
1,039.01 A$
(673.88 €)
     +6.4 %
Price per Square Feet to Buy Apartment Outside of Centre 867.82 A$
(562.85 €)
599.15 A$
(388.60 €)
     -31.0 %
Salaries And Financing
Melbourne Edit Helsinki Edit
Average Monthly Net Salary (After Tax) 5,473.21 A$
(3,549.80 €)
4,607.09 A$
(2,988.06 €)
     -15.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.18 1.24      -70.3 %
Last update: January 2023February 2023
Contributors in the past 12 months:384208