Cost of Living Comparison Between London and Melbourne 

Indices DifferenceInfo
Cost of Living in Melbourne is 20.0% lower than in London (without rent)
Cost of Living Including Rent in Melbourne is 31.9% lower than in London
Rent Prices in Melbourne are 49.0% lower than in London
Restaurant Prices in Melbourne are 24.0% lower than in London
Groceries Prices in Melbourne are 9.4% higher than in London
Local Purchasing Power in Melbourne is 26.9% higher than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(39.27 A$)
12.48 £
(24.50 A$)
     -37.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(157.06 A$)
61.12 £
(120.00 A$)
     -23.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(15.71 A$)
7.64 £
(15.00 A$)
     -4.5 %
Domestic Beer (1 pint draught) 6.50 £
(12.76 A$)
6.11 £
(12.00 A$)
     -6.0 %
Imported Beer (12 oz small bottle) 5.11 £
(10.02 A$)
5.09 £
(10.00 A$)
     -0.2 %
Cappuccino (regular) 3.65 £
(7.17 A$)
2.67 £
(5.25 A$)
     -26.8 %
Coke/Pepsi (12 oz small bottle) 1.98 £
(3.89 A$)
2.05 £
(4.03 A$)
     +3.5 %
Water (12 oz small bottle) 1.47 £
(2.89 A$)
1.79 £
(3.52 A$)
     +22.1 %
Markets
London Edit Melbourne Edit
Milk (regular), (1 gallon) 5.01 £
(9.83 A$)
4.12 £
(8.09 A$)
     -17.7 %
Loaf of Fresh White Bread (1 lb) 1.38 £
(2.72 A$)
1.83 £
(3.60 A$)
     +32.6 %
Rice (white), (1 lb) 0.94 £
(1.85 A$)
0.76 £
(1.50 A$)
     -18.8 %
Eggs (regular) (12) 3.13 £
(6.15 A$)
3.03 £
(5.95 A$)
     -3.2 %
Local Cheese (1 lb) 3.54 £
(6.95 A$)
3.24 £
(6.36 A$)
     -8.5 %
Chicken Fillets (1 lb) 3.37 £
(6.62 A$)
3.03 £
(5.94 A$)
     -10.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.24 £
(10.29 A$)
4.83 £
(9.48 A$)
     -7.9 %
Apples (1 lb) 1.20 £
(2.36 A$)
1.06 £
(2.08 A$)
     -11.9 %
Banana (1 lb) 0.61 £
(1.20 A$)
0.92 £
(1.80 A$)
     +49.6 %
Oranges (1 lb) 1.13 £
(2.22 A$)
0.88 £
(1.73 A$)
     -22.0 %
Tomato (1 lb) 1.49 £
(2.92 A$)
1.26 £
(2.47 A$)
     -15.5 %
Potato (1 lb) 0.57 £
(1.12 A$)
0.76 £
(1.50 A$)
     +33.1 %
Onion (1 lb) 0.55 £
(1.07 A$)
0.74 £
(1.45 A$)
     +34.9 %
Lettuce (1 head) 1.00 £
(1.96 A$)
1.65 £
(3.24 A$)
     +65.6 %
Water (1.5 liter bottle) 1.15 £
(2.26 A$)
1.10 £
(2.15 A$)
     -4.9 %
Bottle of Wine (Mid-Range) 9.25 £
(18.16 A$)
9.80 £
(19.25 A$)
     +6.0 %
Domestic Beer (0.5 liter bottle) 1.98 £
(3.89 A$)
3.52 £
(6.90 A$)
     +77.3 %
Imported Beer (12 oz small bottle) 2.49 £
(4.90 A$)
4.10 £
(8.05 A$)
     +64.3 %
Cigarettes 20 Pack (Marlboro) 15.00 £
(29.45 A$)
22.92 £
(45.00 A$)
     +52.8 %
Transportation
London Edit Melbourne Edit
One-way Ticket (Local Transport) 2.80 £
(5.50 A$)
2.70 £
(5.30 A$)
     -3.6 %
Monthly Pass (Regular Price) 200.00 £
(392.66 A$)
96.78 £
(190.00 A$)
     -51.6 %
Taxi Start (Normal Tariff) 4.50 £
(8.83 A$)
2.80 £
(5.50 A$)
     -37.7 %
Taxi 1 mile (Normal Tariff) 3.05 £
(5.99 A$)
2.46 £
(4.83 A$)
     -19.4 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(58.90 A$)
20.11 £
(39.48 A$)
     -33.0 %
Gasoline (1 gallon) 5.70 £
(11.19 A$)
3.74 £
(7.34 A$)
     -34.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,177.50 £
(55,320.80 A$)
21,444.54 £
(42,102.00 A$)
     -23.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,212.33 £
(53,425.89 A$)
17,149.95 £
(33,670.44 A$)
     -37.0 %
Utilities (Monthly)
London Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 289.67 £
(568.72 A$)
117.75 £
(231.17 A$)
     -59.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.48 £
(28.44 A$)
19.80 £
(38.88 A$)
     +36.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.36 £
(59.60 A$)
40.44 £
(79.39 A$)
     +33.2 %
Sports And Leisure
London Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 45.49 £
(89.31 A$)
41.70 £
(81.86 A$)
     -8.3 %
Tennis Court Rent (1 Hour on Weekend) 14.70 £
(28.86 A$)
11.57 £
(22.71 A$)
     -21.3 %
Cinema, International Release, 1 Seat 14.00 £
(27.49 A$)
11.21 £
(22.00 A$)
     -20.0 %
Childcare
London Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,815.85 £
(3,565.04 A$)
1,369.84 £
(2,689.41 A$)
     -24.6 %
International Primary School, Yearly for 1 Child 18,736.00 £
(36,784.33 A$)
14,994.45 £
(29,438.56 A$)
     -20.0 %
Clothing And Shoes
London Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 79.20 £
(155.49 A$)
60.63 £
(119.04 A$)
     -23.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.79 £
(78.13 A$)
39.61 £
(77.76 A$)
     -0.5 %
1 Pair of Nike Running Shoes (Mid-Range) 89.05 £
(174.83 A$)
82.86 £
(162.68 A$)
     -6.9 %
1 Pair of Men Leather Business Shoes 99.68 £
(195.70 A$)
88.43 £
(173.62 A$)
     -11.3 %
Rent Per Month
London Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 2,170.83 £
(4,261.99 A$)
1,151.29 £
(2,260.33 A$)
     -47.0 %
Apartment (1 bedroom) Outside of Centre 1,633.42 £
(3,206.88 A$)
978.19 £
(1,920.48 A$)
     -40.1 %
Apartment (3 bedrooms) in City Centre 4,484.88 £
(8,805.16 A$)
2,165.49 £
(4,251.50 A$)
     -51.7 %
Apartment (3 bedrooms) Outside of Centre 2,901.22 £
(5,695.96 A$)
1,409.19 £
(2,766.65 A$)
     -51.4 %
Buy Apartment Price
London Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,245.26 £
(2,444.81 A$)
515.95 £
(1,012.96 A$)
     -58.6 %
Price per Square Feet to Buy Apartment Outside of Centre 747.85 £
(1,468.25 A$)
399.15 £
(783.65 A$)
     -46.6 %
Salaries And Financing
London Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 3,728.16 £
(7,319.48 A$)
3,220.63 £
(6,323.06 A$)
     -13.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.27 6.33      +20.1 %
Last update: July 2024July 2024
Contributors in the past 12 months:918428