Cost of Living Comparison Between London and Melbourne 

Indices DifferenceInfo
Consumer Prices in Melbourne are 4.76% lower than in London (without rent)
Consumer Prices Including Rent in Melbourne are 19.71% lower than in London
Rent Prices in Melbourne are 39.27% lower than in London
Restaurant Prices in Melbourne are 21.47% lower than in London
Groceries Prices in Melbourne are 29.53% higher than in London
Local Purchasing Power in Melbourne is 26.28% higher than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 15.00 £
(26.48 A$)
9.63 £
(17.00 A$)
     -35.80 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 £
(105.91 A$)
45.32 £
(80.00 A$)
     -24.47 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 £
(10.59 A$)
6.80 £
(12.00 A$)
     +13.30 %
Domestic Beer (1 pint draught) 5.00 £
(8.83 A$)
5.67 £
(10.00 A$)
     +13.30 %
Imported Beer (12 oz small bottle) 5.00 £
(8.83 A$)
5.67 £
(10.00 A$)
     +13.30 %
Cappuccino (regular) 2.96 £
(5.22 A$)
2.50 £
(4.41 A$)
     -15.51 %
Coke/Pepsi (12 oz small bottle) 1.52 £
(2.69 A$)
1.85 £
(3.26 A$)
     +21.30 %
Water (12 oz small bottle) 1.14 £
(2.02 A$)
1.63 £
(2.87 A$)
     +42.48 %
Markets
London Edit Melbourne Edit
Milk (regular), (1 gallon) 3.57 £
(6.30 A$)
3.41 £
(6.01 A$)
     -4.54 %
Loaf of Fresh White Bread (1 lb) 0.92 £
(1.63 A$)
1.54 £
(2.71 A$)
     +66.34 %
Rice (white), (1 lb) 0.65 £
(1.16 A$)
0.69 £
(1.22 A$)
     +5.76 %
Eggs (regular) (12) 2.19 £
(3.87 A$)
2.67 £
(4.71 A$)
     +21.87 %
Local Cheese (1 lb) 3.11 £
(5.49 A$)
3.13 £
(5.52 A$)
     +0.49 %
Chicken Fillets (1 lb) 2.78 £
(4.90 A$)
2.89 £
(5.11 A$)
     +4.26 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.36 £
(7.69 A$)
4.19 £
(7.40 A$)
     -3.86 %
Apples (1 lb) 0.94 £
(1.66 A$)
1.16 £
(2.05 A$)
     +23.67 %
Banana (1 lb) 0.53 £
(0.94 A$)
0.83 £
(1.47 A$)
     +56.25 %
Oranges (1 lb) 0.88 £
(1.55 A$)
0.89 £
(1.57 A$)
     +1.38 %
Tomato (1 lb) 1.15 £
(2.04 A$)
1.25 £
(2.21 A$)
     +8.79 %
Potato (1 lb) 0.57 £
(1.00 A$)
0.83 £
(1.46 A$)
     +45.55 %
Onion (1 lb) 0.52 £
(0.91 A$)
0.66 £
(1.16 A$)
     +27.81 %
Lettuce (1 head) 0.82 £
(1.45 A$)
1.60 £
(2.83 A$)
     +95.19 %
Water (1.5 liter bottle) 0.89 £
(1.57 A$)
1.17 £
(2.07 A$)
     +31.74 %
Bottle of Wine (Mid-Range) 8.00 £
(14.12 A$)
8.50 £
(15.00 A$)
     +6.22 %
Domestic Beer (0.5 liter bottle) 1.80 £
(3.17 A$)
3.36 £
(5.93 A$)
     +86.69 %
Imported Beer (12 oz small bottle) 2.00 £
(3.53 A$)
3.21 £
(5.66 A$)
     +60.42 %
Cigarettes 20 Pack (Marlboro) 12.00 £
(21.18 A$)
22.66 £
(40.00 A$)
     +88.84 %
Transportation
London Edit Melbourne Edit
One-way Ticket (Local Transport) 2.80 £
(4.94 A$)
2.55 £
(4.50 A$)
     -8.95 %
Monthly Pass (Regular Price) 150.00 £
(264.78 A$)
90.07 £
(159.00 A$)
     -39.95 %
Taxi Start (Normal Tariff) 3.00 £
(5.30 A$)
2.83 £
(5.00 A$)
     -5.58 %
Taxi 1 mile (Normal Tariff) 2.74 £
(4.83 A$)
1.52 £
(2.68 A$)
     -44.52 %
Taxi 1hour Waiting (Normal Tariff) 28.80 £
(50.84 A$)
19.37 £
(34.20 A$)
     -32.73 %
Gasoline (1 gallon) 4.71 £
(8.31 A$)
3.01 £
(5.32 A$)
     -36.00 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,765.00 £
(40,184.84 A$)
15,295.69 £
(27,000.00 A$)
     -32.81 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,738.27 £
(40,137.66 A$)
14,495.81 £
(25,588.04 A$)
     -36.25 %
Utilities (Monthly)
London Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 179.49 £
(316.83 A$)
113.72 £
(200.75 A$)
     -36.64 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.13 £
(0.23 A$)
0.11 £
(0.19 A$)
     -17.40 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.29 £
(55.23 A$)
39.99 £
(70.58 A$)
     +27.80 %
Sports And Leisure
London Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 44.29 £
(78.18 A$)
36.88 £
(65.09 A$)
     -16.74 %
Tennis Court Rent (1 Hour on Weekend) 11.11 £
(19.61 A$)
13.11 £
(23.14 A$)
     +18.01 %
Cinema, International Release, 1 Seat 12.50 £
(22.07 A$)
11.33 £
(20.00 A$)
     -9.36 %
Childcare
London Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,452.59 £
(2,564.12 A$)
1,299.04 £
(2,293.08 A$)
     -10.57 %
International Primary School, Yearly for 1 Child 18,145.45 £
(32,030.40 A$)
10,873.16 £
(19,193.33 A$)
     -40.08 %
Clothing And Shoes
London Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.51 £
(119.17 A$)
57.38 £
(101.29 A$)
     -15.00 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.74 £
(57.79 A$)
30.41 £
(53.68 A$)
     -7.12 %
1 Pair of Nike Running Shoes (Mid-Range) 71.66 £
(126.49 A$)
73.48 £
(129.71 A$)
     +2.54 %
1 Pair of Men Leather Business Shoes 91.86 £
(162.15 A$)
78.08 £
(137.83 A$)
     -14.99 %
Rent Per Month
London Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 1,701.31 £
(3,003.16 A$)
1,015.33 £
(1,792.27 A$)
     -40.32 %
Apartment (1 bedroom) Outside of Centre 1,255.69 £
(2,216.55 A$)
794.69 £
(1,402.79 A$)
     -36.71 %
Apartment (3 bedrooms) in City Centre 3,177.33 £
(5,608.64 A$)
1,886.00 £
(3,329.17 A$)
     -40.64 %
Apartment (3 bedrooms) Outside of Centre 2,081.14 £
(3,673.64 A$)
1,295.50 £
(2,286.83 A$)
     -37.75 %
Buy Apartment Price
London Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,086.56 £
(1,917.99 A$)
517.99 £
(914.35 A$)
     -52.33 %
Price per Square Feet to Buy Apartment Outside of Centre 561.82 £
(991.73 A$)
425.88 £
(751.77 A$)
     -24.20 %
Salaries And Financing
London Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 2,844.51 £
(5,021.14 A$)
2,884.04 £
(5,090.92 A$)
     +1.39 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.77 3.29      +18.82 %
Last update: January 2021January 2021
Contributors in the past 12 months:697250