Cost of Living Comparison Between Melbourne and Milan 

Indices DifferenceInfo
Consumer Prices in Milan are 0.7% higher than in Melbourne (without rent)
Consumer Prices Including Rent in Milan are 0.3% lower than in Melbourne
Rent Prices in Milan are 2.2% lower than in Melbourne
Restaurant Prices in Milan are 14.6% higher than in Melbourne
Groceries Prices in Milan are 8.9% lower than in Melbourne
Local Purchasing Power in Milan is 54.4% lower than in Melbourne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Melbourne Edit Milan Edit Difference
Meal, Inexpensive Restaurant 25.00 A$
(15.31 €)
32.65 A$
(20.00 €)
     +30.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 110.00 A$
(67.37 €)
130.62 A$
(80.00 €)
     +18.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 A$
(9.19 €)
16.33 A$
(10.00 €)
     +8.8 %
Domestic Beer (1 pint draught) 10.00 A$
(6.12 €)
9.80 A$
(6.00 €)
     -2.0 %
Imported Beer (12 oz small bottle) 10.00 A$
(6.12 €)
8.16 A$
(5.00 €)
     -18.4 %
Cappuccino (regular) 5.17 A$
(3.17 €)
3.20 A$
(1.96 €)
     -38.2 %
Coke/Pepsi (12 oz small bottle) 3.94 A$
(2.41 €)
4.73 A$
(2.89 €)
     +20.0 %
Water (12 oz small bottle) 3.54 A$
(2.17 €)
2.25 A$
(1.38 €)
     -36.5 %
Markets
Melbourne Edit Milan Edit
Milk (regular), (1 gallon) 8.08 A$
(4.95 €)
9.95 A$
(6.09 €)
     +23.1 %
Loaf of Fresh White Bread (1 lb) 3.54 A$
(2.17 €)
3.61 A$
(2.21 €)
     +1.9 %
Rice (white), (1 lb) 1.49 A$
(0.92 €)
2.47 A$
(1.51 €)
     +65.5 %
Eggs (regular) (12) 5.71 A$
(3.50 €)
6.30 A$
(3.86 €)
     +10.3 %
Local Cheese (1 lb) 6.49 A$
(3.98 €)
11.59 A$
(7.10 €)
     +78.6 %
Chicken Fillets (1 lb) 5.87 A$
(3.59 €)
8.68 A$
(5.31 €)
     +47.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.50 A$
(5.20 €)
14.89 A$
(9.12 €)
     +75.3 %
Apples (1 lb) 2.05 A$
(1.26 €)
1.67 A$
(1.03 €)
     -18.5 %
Banana (1 lb) 1.72 A$
(1.06 €)
1.46 A$
(0.89 €)
     -15.3 %
Oranges (1 lb) 1.78 A$
(1.09 €)
1.81 A$
(1.11 €)
     +1.8 %
Tomato (1 lb) 2.40 A$
(1.47 €)
2.41 A$
(1.48 €)
     +0.5 %
Potato (1 lb) 1.51 A$
(0.93 €)
1.27 A$
(0.78 €)
     -16.4 %
Onion (1 lb) 1.47 A$
(0.90 €)
1.23 A$
(0.75 €)
     -16.7 %
Lettuce (1 head) 3.18 A$
(1.95 €)
2.14 A$
(1.31 €)
     -32.7 %
Water (1.5 liter bottle) 2.06 A$
(1.26 €)
0.90 A$
(0.55 €)
     -56.5 %
Bottle of Wine (Mid-Range) 18.25 A$
(11.18 €)
11.43 A$
(7.00 €)
     -37.4 %
Domestic Beer (0.5 liter bottle) 7.24 A$
(4.44 €)
3.01 A$
(1.84 €)
     -58.4 %
Imported Beer (12 oz small bottle) 8.50 A$
(5.20 €)
3.46 A$
(2.12 €)
     -59.3 %
Cigarettes 20 Pack (Marlboro) 45.00 A$
(27.56 €)
9.80 A$
(6.00 €)
     -78.2 %
Transportation
Melbourne Edit Milan Edit
One-way Ticket (Local Transport) 5.30 A$
(3.25 €)
3.59 A$
(2.20 €)
     -32.2 %
Monthly Pass (Regular Price) 190.80 A$
(116.86 €)
63.68 A$
(39.00 €)
     -66.6 %
Taxi Start (Normal Tariff) 5.50 A$
(3.37 €)
11.43 A$
(7.00 €)
     +107.8 %
Taxi 1 mile (Normal Tariff) 4.83 A$
(2.96 €)
5.26 A$
(3.22 €)
     +8.8 %
Taxi 1hour Waiting (Normal Tariff) 39.48 A$
(24.18 €)
54.32 A$
(33.27 €)
     +37.6 %
Gasoline (1 gallon) 7.27 A$
(4.45 €)
11.57 A$
(7.09 €)
     +59.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 40,500.00 A$
(24,804.99 €)
45,716.61 A$
(28,000.00 €)
     +12.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 32,701.29 A$
(20,028.52 €)
50,715.30 A$
(31,061.54 €)
     +55.1 %
Utilities (Monthly)
Melbourne Edit Milan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 266.76 A$
(163.38 €)
418.25 A$
(256.17 €)
     +56.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 41.82 A$
(25.61 €)
15.30 A$
(9.37 €)
     -63.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 81.25 A$
(49.76 €)
43.97 A$
(26.93 €)
     -45.9 %
Sports And Leisure
Melbourne Edit Milan Edit
Fitness Club, Monthly Fee for 1 Adult 81.59 A$
(49.97 €)
105.34 A$
(64.51 €)
     +29.1 %
Tennis Court Rent (1 Hour on Weekend) 24.14 A$
(14.78 €)
52.10 A$
(31.91 €)
     +115.9 %
Cinema, International Release, 1 Seat 22.00 A$
(13.47 €)
16.33 A$
(10.00 €)
     -25.8 %
Childcare
Melbourne Edit Milan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,321.59 A$
(1,421.90 €)
1,297.30 A$
(794.56 €)
     -44.1 %
International Primary School, Yearly for 1 Child 28,987.50 A$
(17,753.94 €)
21,506.55 A$
(13,172.09 €)
     -25.8 %
Clothing And Shoes
Melbourne Edit Milan Edit
1 Pair of Jeans (Levis 501 Or Similar) 123.73 A$
(75.78 €)
154.20 A$
(94.44 €)
     +24.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 81.69 A$
(50.03 €)
59.35 A$
(36.35 €)
     -27.3 %
1 Pair of Nike Running Shoes (Mid-Range) 161.97 A$
(99.20 €)
161.25 A$
(98.76 €)
     -0.4 %
1 Pair of Men Leather Business Shoes 180.52 A$
(110.56 €)
233.73 A$
(143.15 €)
     +29.5 %
Rent Per Month
Melbourne Edit Milan Edit
Apartment (1 bedroom) in City Centre 2,461.59 A$
(1,507.65 €)
2,282.24 A$
(1,397.80 €)
     -7.3 %
Apartment (1 bedroom) Outside of Centre 1,953.31 A$
(1,196.34 €)
1,545.13 A$
(946.34 €)
     -20.9 %
Apartment (3 bedrooms) in City Centre 4,690.00 A$
(2,872.48 €)
4,833.83 A$
(2,960.57 €)
     +3.1 %
Apartment (3 bedrooms) Outside of Centre 2,908.55 A$
(1,781.40 €)
3,089.86 A$
(1,892.44 €)
     +6.2 %
Buy Apartment Price
Melbourne Edit Milan Edit
Price per Square Feet to Buy Apartment in City Centre 1,220.14 A$
(747.30 €)
1,391.93 A$
(852.51 €)
     +14.1 %
Price per Square Feet to Buy Apartment Outside of Centre 993.19 A$
(608.30 €)
722.61 A$
(442.58 €)
     -27.2 %
Salaries And Financing
Melbourne Edit Milan Edit
Average Monthly Net Salary (After Tax) 6,200.82 A$
(3,797.81 €)
2,821.61 A$
(1,728.15 €)
     -54.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 4.39      -33.3 %
Last update: May 2024May 2024
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