Cost of Living Comparison Between Toronto and Melbourne 

Indices DifferenceInfo
Consumer Prices in Melbourne are 0.6% higher than in Toronto (without rent)
Consumer Prices Including Rent in Melbourne are 4.9% lower than in Toronto
Rent Prices in Melbourne are 13.9% lower than in Toronto
Restaurant Prices in Melbourne are 8.1% lower than in Toronto
Groceries Prices in Melbourne are 0.0% higher than in Toronto
Local Purchasing Power in Melbourne is 22.7% higher than in Toronto
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Toronto Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 25.00 C$
(27.97 A$)
22.35 C$
(25.00 A$)
     -10.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 120.00 C$
(134.24 A$)
107.27 C$
(120.00 A$)
     -10.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 15.00 C$
(16.78 A$)
13.41 C$
(15.00 A$)
     -10.6 %
Domestic Beer (1 pint draught) 8.50 C$
(9.51 A$)
10.73 C$
(12.00 A$)
     +26.2 %
Imported Beer (12 oz small bottle) 10.00 C$
(11.19 A$)
9.39 C$
(10.50 A$)
     -6.1 %
Cappuccino (regular) 5.44 C$
(6.08 A$)
4.66 C$
(5.21 A$)
     -14.3 %
Coke/Pepsi (12 oz small bottle) 2.88 C$
(3.22 A$)
3.56 C$
(3.98 A$)
     +23.6 %
Water (12 oz small bottle) 2.24 C$
(2.50 A$)
3.20 C$
(3.58 A$)
     +42.8 %
Markets
Toronto Edit Melbourne Edit
Milk (regular), (1 gallon) 15.88 C$
(17.76 A$)
7.30 C$
(8.17 A$)
     -54.0 %
Loaf of Fresh White Bread (1 lb) 3.45 C$
(3.86 A$)
3.23 C$
(3.61 A$)
     -6.5 %
Rice (white), (1 lb) 2.16 C$
(2.42 A$)
1.37 C$
(1.53 A$)
     -36.7 %
Eggs (regular) (12) 4.83 C$
(5.41 A$)
5.16 C$
(5.77 A$)
     +6.8 %
Local Cheese (1 lb) 6.84 C$
(7.66 A$)
6.02 C$
(6.74 A$)
     -12.0 %
Chicken Fillets (1 lb) 7.71 C$
(8.62 A$)
5.29 C$
(5.92 A$)
     -31.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.73 C$
(9.76 A$)
7.73 C$
(8.64 A$)
     -11.5 %
Apples (1 lb) 2.44 C$
(2.73 A$)
1.86 C$
(2.08 A$)
     -24.0 %
Banana (1 lb) 0.89 C$
(1.00 A$)
1.56 C$
(1.74 A$)
     +74.5 %
Oranges (1 lb) 2.48 C$
(2.77 A$)
1.61 C$
(1.80 A$)
     -35.1 %
Tomato (1 lb) 2.31 C$
(2.58 A$)
2.19 C$
(2.45 A$)
     -5.3 %
Potato (1 lb) 1.65 C$
(1.84 A$)
1.36 C$
(1.52 A$)
     -17.7 %
Onion (1 lb) 1.73 C$
(1.94 A$)
1.32 C$
(1.48 A$)
     -23.6 %
Lettuce (1 head) 3.13 C$
(3.50 A$)
2.90 C$
(3.24 A$)
     -7.4 %
Water (1.5 liter bottle) 2.48 C$
(2.77 A$)
1.82 C$
(2.03 A$)
     -26.6 %
Bottle of Wine (Mid-Range) 19.00 C$
(21.25 A$)
15.64 C$
(17.50 A$)
     -17.7 %
Domestic Beer (0.5 liter bottle) 3.42 C$
(3.83 A$)
6.58 C$
(7.36 A$)
     +92.4 %
Imported Beer (12 oz small bottle) 3.87 C$
(4.33 A$)
7.75 C$
(8.67 A$)
     +100.4 %
Cigarettes 20 Pack (Marlboro) 20.00 C$
(22.37 A$)
40.23 C$
(45.00 A$)
     +101.1 %
Transportation
Toronto Edit Melbourne Edit
One-way Ticket (Local Transport) 3.35 C$
(3.75 A$)
4.74 C$
(5.30 A$)
     +41.4 %
Monthly Pass (Regular Price) 156.00 C$
(174.51 A$)
172.09 C$
(192.50 A$)
     +10.3 %
Taxi Start (Normal Tariff) 5.00 C$
(5.59 A$)
5.81 C$
(6.50 A$)
     +16.2 %
Taxi 1 mile (Normal Tariff) 2.82 C$
(3.15 A$)
4.32 C$
(4.83 A$)
     +53.2 %
Taxi 1hour Waiting (Normal Tariff) 31.00 C$
(34.68 A$)
58.11 C$
(65.00 A$)
     +87.4 %
Gasoline (1 gallon) 6.13 C$
(6.86 A$)
6.54 C$
(7.32 A$)
     +6.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,350.00 C$
(38,425.00 A$)
36,204.94 C$
(40,500.00 A$)
     +5.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 30,657.50 C$
(34,294.46 A$)
29,233.29 C$
(32,701.29 A$)
     -4.6 %
Utilities (Monthly)
Toronto Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.42 C$
(188.40 A$)
260.22 C$
(291.09 A$)
     +54.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 65.47 C$
(73.24 A$)
38.52 C$
(43.09 A$)
     -41.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 73.39 C$
(82.10 A$)
73.01 C$
(81.67 A$)
     -0.5 %
Sports And Leisure
Toronto Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 73.61 C$
(82.34 A$)
78.91 C$
(88.27 A$)
     +7.2 %
Tennis Court Rent (1 Hour on Weekend) 29.11 C$
(32.56 A$)
23.21 C$
(25.96 A$)
     -20.3 %
Cinema, International Release, 1 Seat 18.00 C$
(20.14 A$)
19.67 C$
(22.00 A$)
     +9.3 %
Childcare
Toronto Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,545.84 C$
(1,729.23 A$)
2,199.16 C$
(2,460.05 A$)
     +42.3 %
International Primary School, Yearly for 1 Child 24,963.85 C$
(27,925.35 A$)
26,460.90 C$
(29,600.00 A$)
     +6.0 %
Clothing And Shoes
Toronto Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.52 C$
(91.20 A$)
117.52 C$
(131.46 A$)
     +44.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 50.31 C$
(56.28 A$)
78.86 C$
(88.22 A$)
     +56.7 %
1 Pair of Nike Running Shoes (Mid-Range) 133.78 C$
(149.65 A$)
149.56 C$
(167.31 A$)
     +11.8 %
1 Pair of Men Leather Business Shoes 161.74 C$
(180.92 A$)
176.62 C$
(197.57 A$)
     +9.2 %
Rent Per Month
Toronto Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 2,508.73 C$
(2,806.35 A$)
2,263.56 C$
(2,532.09 A$)
     -9.8 %
Apartment (1 bedroom) Outside of Centre 2,235.51 C$
(2,500.71 A$)
1,802.09 C$
(2,015.88 A$)
     -19.4 %
Apartment (3 bedrooms) in City Centre 4,458.82 C$
(4,987.78 A$)
4,292.53 C$
(4,801.75 A$)
     -3.7 %
Apartment (3 bedrooms) Outside of Centre 3,615.16 C$
(4,044.03 A$)
2,683.08 C$
(3,001.38 A$)
     -25.8 %
Buy Apartment Price
Toronto Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,303.09 C$
(1,457.68 A$)
1,100.45 C$
(1,231.00 A$)
     -15.6 %
Price per Square Feet to Buy Apartment Outside of Centre 1,019.91 C$
(1,140.90 A$)
937.86 C$
(1,049.12 A$)
     -8.0 %
Salaries And Financing
Toronto Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 4,678.67 C$
(5,233.71 A$)
5,456.26 C$
(6,103.54 A$)
     +16.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.59      +0.8 %
Last update: April 2024April 2024
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