Cost of Living Comparison Between London and Melbourne 
| Indices Difference |  |
|---|---|
| Consumer Prices in Melbourne are 13.1% lower than in London (without rent) | |
| Consumer Prices Including Rent in Melbourne are 26.0% lower than in London | |
| Rent Prices in Melbourne are 42.0% lower than in London | |
| Restaurant Prices in Melbourne are 23.5% lower than in London | |
| Groceries Prices in Melbourne are 8.4% higher than in London | |
| Local Purchasing Power in Melbourne is 33.9% higher than in London | |
Restaurants | London Edit |
Melbourne Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
19.00 £ (36.82 A$) |
12.90 £ (25.00 A$) |
-32.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (155.04 A$) |
61.92 £ (120.00 A$) |
-22.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (15.50 A$) |
7.74 £ (15.00 A$) |
-3.3 % |
| Domestic Beer (1 pint draught) |
6.50 £ (12.60 A$) |
5.68 £ (11.00 A$) |
-12.7 % |
| Imported Beer (12 oz small bottle) |
5.50 £ (10.66 A$) |
5.16 £ (10.00 A$) |
-6.2 % |
| Cappuccino (regular) |
3.62 £ (7.01 A$) |
2.68 £ (5.19 A$) |
-25.9 % |
| Coke/Pepsi (12 oz small bottle) |
1.94 £ (3.77 A$) |
2.03 £ (3.93 A$) |
+4.4 % |
| Water (12 oz small bottle) |
1.64 £ (3.17 A$) |
1.87 £ (3.62 A$) |
+14.0 % |
Markets | London Edit |
Melbourne Edit | |
| Milk (regular), (1 gallon) |
4.96 £ (9.61 A$) |
4.24 £ (8.22 A$) |
-14.5 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (2.74 A$) |
1.86 £ (3.61 A$) |
+31.9 % |
| Rice (white), (1 lb) |
0.90 £ (1.74 A$) |
0.79 £ (1.53 A$) |
-12.2 % |
| Eggs (regular) (12) |
3.32 £ (6.43 A$) |
2.98 £ (5.77 A$) |
-10.2 % |
| Local Cheese (1 lb) |
3.48 £ (6.74 A$) |
3.48 £ (6.74 A$) |
-0.1 % |
| Chicken Fillets (1 lb) |
3.48 £ (6.74 A$) |
3.07 £ (5.95 A$) |
-11.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.82 £ (11.28 A$) |
4.46 £ (8.64 A$) |
-23.4 % |
| Apples (1 lb) |
1.11 £ (2.14 A$) |
1.07 £ (2.08 A$) |
-3.2 % |
| Banana (1 lb) |
0.57 £ (1.10 A$) |
0.90 £ (1.74 A$) |
+59.1 % |
| Oranges (1 lb) |
1.21 £ (2.35 A$) |
0.93 £ (1.80 A$) |
-23.3 % |
| Tomato (1 lb) |
1.40 £ (2.71 A$) |
1.26 £ (2.45 A$) |
-9.7 % |
| Potato (1 lb) |
0.57 £ (1.11 A$) |
0.78 £ (1.52 A$) |
+36.5 % |
| Onion (1 lb) |
0.55 £ (1.06 A$) |
0.76 £ (1.48 A$) |
+39.8 % |
| Lettuce (1 head) |
0.93 £ (1.80 A$) |
1.67 £ (3.24 A$) |
+80.1 % |
| Water (1.5 liter bottle) |
1.27 £ (2.46 A$) |
1.05 £ (2.03 A$) |
-17.3 % |
| Bottle of Wine (Mid-Range) |
9.00 £ (17.44 A$) |
9.03 £ (17.50 A$) |
+0.3 % |
| Domestic Beer (0.5 liter bottle) |
2.08 £ (4.03 A$) |
3.80 £ (7.36 A$) |
+82.9 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (4.72 A$) |
4.47 £ (8.67 A$) |
+83.7 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (29.07 A$) |
23.22 £ (45.00 A$) |
+54.8 % |
Transportation | London Edit |
Melbourne Edit | |
| One-way Ticket (Local Transport) |
2.90 £ (5.62 A$) |
2.73 £ (5.30 A$) |
-5.7 % |
| Monthly Pass (Regular Price) |
200.00 £ (387.61 A$) |
100.10 £ (194.00 A$) |
-49.9 % |
| Taxi Start (Normal Tariff) |
4.00 £ (7.75 A$) |
3.35 £ (6.50 A$) |
-16.2 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (6.07 A$) |
2.49 £ (4.83 A$) |
-20.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (58.14 A$) |
33.54 £ (65.00 A$) |
+11.8 % |
| Gasoline (1 gallon) |
5.73 £ (11.10 A$) |
3.78 £ (7.32 A$) |
-34.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
26,560.00 £ (51,474.51 A$) |
20,953.32 £ (40,608.50 A$) |
-21.1 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26,251.33 £ (50,876.30 A$) |
16,875.94 £ (32,706.35 A$) |
-35.7 % |
Utilities (Monthly) | London Edit |
Melbourne Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
287.94 £ (558.04 A$) |
150.20 £ (291.09 A$) |
-47.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.58 £ (30.20 A$) |
22.23 £ (43.09 A$) |
+42.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.25 £ (60.56 A$) |
41.89 £ (81.18 A$) |
+34.0 % |
Sports And Leisure | London Edit |
Melbourne Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
47.31 £ (91.68 A$) |
46.40 £ (89.93 A$) |
-1.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.55 £ (26.27 A$) |
13.39 £ (25.96 A$) |
-1.2 % |
| Cinema, International Release, 1 Seat |
15.00 £ (29.07 A$) |
11.35 £ (22.00 A$) |
-24.3 % |
Childcare | London Edit |
Melbourne Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (3,566.67 A$) |
1,269.35 £ (2,460.05 A$) |
-31.0 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (38,867.06 A$) |
15,273.11 £ (29,600.00 A$) |
-23.8 % |
Clothing And Shoes | London Edit |
Melbourne Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
83.26 £ (161.35 A$) |
68.54 £ (132.83 A$) |
-17.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.32 £ (78.14 A$) |
45.53 £ (88.24 A$) |
+12.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
88.80 £ (172.10 A$) |
86.14 £ (166.94 A$) |
-3.0 % |
| 1 Pair of Men Leather Business Shoes |
97.59 £ (189.13 A$) |
100.94 £ (195.63 A$) |
+3.4 % |
Rent Per Month | London Edit |
Melbourne Edit | |
| Apartment (1 bedroom) in City Centre |
2,245.83 £ (4,352.53 A$) |
1,306.52 £ (2,532.09 A$) |
-41.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,628.00 £ (3,155.14 A$) |
1,045.25 £ (2,025.75 A$) |
-35.8 % |
| Apartment (3 bedrooms) in City Centre |
4,236.90 £ (8,211.32 A$) |
2,477.63 £ (4,801.75 A$) |
-41.5 % |
| Apartment (3 bedrooms) Outside of Centre |
2,902.63 £ (5,625.43 A$) |
1,548.66 £ (3,001.38 A$) |
-46.6 % |
Buy Apartment Price | London Edit |
Melbourne Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (2,541.17 A$) |
635.40 £ (1,231.44 A$) |
-51.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
716.48 £ (1,388.57 A$) |
541.49 £ (1,049.43 A$) |
-24.4 % |
Salaries And Financing | London Edit |
Melbourne Edit | |
| Average Monthly Net Salary (After Tax) |
3,179.04 £ (6,161.12 A$) |
3,149.33 £ (6,103.54 A$) |
-0.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.57 | 6.59 | +18.4 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 885 | 417 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
Cities near Melbourne: | Cost of Living in Ballarat | 71.73 miles |
| Cost of Living in Wangaratta | 149.91 miles |
| Cost of Living in Albury | 195.47 miles |