Cost of Living Comparison Between Miami, FL and Melbourne 

Indices DifferenceInfo
Consumer Prices in Melbourne are 12.5% lower than in Miami, FL (without rent)
Consumer Prices Including Rent in Melbourne are 28.7% lower than in Miami, FL
Rent Prices in Melbourne are 48.1% lower than in Miami, FL
Restaurant Prices in Melbourne are 29.6% lower than in Miami, FL
Groceries Prices in Melbourne are 3.9% lower than in Miami, FL
Local Purchasing Power in Melbourne is 40.0% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 25.00 $
(37.62 A$)
16.61 $
(25.00 A$)
     -33.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(150.47 A$)
66.46 $
(100.00 A$)
     -33.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(18.06 A$)
9.97 $
(15.00 A$)
     -16.9 %
Domestic Beer (1 pint draught) 7.00 $
(10.53 A$)
6.65 $
(10.00 A$)
     -5.1 %
Imported Beer (12 oz small bottle) 8.00 $
(12.04 A$)
6.65 $
(10.00 A$)
     -16.9 %
Cappuccino (regular) 4.89 $
(7.36 A$)
3.40 $
(5.11 A$)
     -30.5 %
Coke/Pepsi (12 oz small bottle) 2.79 $
(4.21 A$)
2.58 $
(3.88 A$)
     -7.8 %
Water (12 oz small bottle) 2.23 $
(3.36 A$)
2.32 $
(3.50 A$)
     +4.0 %
Markets
Miami, FL Edit Melbourne Edit
Milk (regular), (1 gallon) 4.33 $
(6.51 A$)
5.53 $
(8.33 A$)
     +27.9 %
Loaf of Fresh White Bread (1 lb) 3.26 $
(4.91 A$)
2.41 $
(3.62 A$)
     -26.3 %
Rice (white), (1 lb) 2.09 $
(3.15 A$)
1.03 $
(1.55 A$)
     -50.8 %
Eggs (regular) (12) 4.09 $
(6.15 A$)
3.86 $
(5.80 A$)
     -5.6 %
Local Cheese (1 lb) 6.07 $
(9.14 A$)
4.48 $
(6.74 A$)
     -26.3 %
Chicken Fillets (1 lb) 5.30 $
(7.98 A$)
3.97 $
(5.98 A$)
     -25.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.25 $
(10.90 A$)
5.75 $
(8.65 A$)
     -20.7 %
Apples (1 lb) 2.88 $
(4.34 A$)
1.38 $
(2.07 A$)
     -52.2 %
Banana (1 lb) 0.83 $
(1.24 A$)
1.15 $
(1.74 A$)
     +39.9 %
Oranges (1 lb) 1.98 $
(2.99 A$)
1.20 $
(1.81 A$)
     -39.5 %
Tomato (1 lb) 2.23 $
(3.36 A$)
1.64 $
(2.47 A$)
     -26.4 %
Potato (1 lb) 1.14 $
(1.71 A$)
1.03 $
(1.55 A$)
     -9.4 %
Onion (1 lb) 1.47 $
(2.21 A$)
0.99 $
(1.49 A$)
     -32.7 %
Lettuce (1 head) 2.74 $
(4.12 A$)
2.16 $
(3.26 A$)
     -20.9 %
Water (1.5 liter bottle) 2.24 $
(3.36 A$)
1.45 $
(2.18 A$)
     -35.3 %
Bottle of Wine (Mid-Range) 13.00 $
(19.56 A$)
12.79 $
(19.25 A$)
     -1.6 %
Domestic Beer (0.5 liter bottle) 2.03 $
(3.06 A$)
4.76 $
(7.17 A$)
     +134.1 %
Imported Beer (12 oz small bottle) 2.53 $
(3.81 A$)
5.63 $
(8.47 A$)
     +122.4 %
Cigarettes 20 Pack (Marlboro) 9.45 $
(14.22 A$)
29.91 $
(45.00 A$)
     +216.5 %
Transportation
Miami, FL Edit Melbourne Edit
One-way Ticket (Local Transport) 2.25 $
(3.39 A$)
3.52 $
(5.30 A$)
     +56.5 %
Monthly Pass (Regular Price) 113.75 $
(171.16 A$)
126.80 $
(190.80 A$)
     +11.5 %
Taxi Start (Normal Tariff) 2.98 $
(4.48 A$)
3.66 $
(5.50 A$)
     +22.9 %
Taxi 1 mile (Normal Tariff) 2.10 $
(3.16 A$)
3.21 $
(4.83 A$)
     +52.8 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $
(36.11 A$)
26.24 $
(39.48 A$)
     +9.3 %
Gasoline (1 gallon) 3.49 $
(5.26 A$)
4.83 $
(7.27 A$)
     +38.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(52,664.19 A$)
26,915.83 $
(40,500.00 A$)
     -23.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,955.19 $
(37,549.86 A$)
21,732.89 $
(32,701.29 A$)
     -12.9 %
Utilities (Monthly)
Miami, FL Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $
(254.59 A$)
163.51 $
(246.03 A$)
     -3.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.74 $
(92.89 A$)
26.79 $
(40.31 A$)
     -56.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.96 $
(94.74 A$)
53.17 $
(80.00 A$)
     -15.6 %
Sports And Leisure
Miami, FL Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 75.53 $
(113.65 A$)
51.92 $
(78.12 A$)
     -31.3 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $
(35.17 A$)
15.70 $
(23.62 A$)
     -32.8 %
Cinema, International Release, 1 Seat 15.00 $
(22.57 A$)
14.62 $
(22.00 A$)
     -2.5 %
Childcare
Miami, FL Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $
(1,749.20 A$)
1,542.90 $
(2,321.59 A$)
     +32.7 %
International Primary School, Yearly for 1 Child 28,333.33 $
(42,632.91 A$)
19,264.75 $
(28,987.50 A$)
     -32.0 %
Clothing And Shoes
Miami, FL Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 48.29 $
(72.67 A$)
79.63 $
(119.82 A$)
     +64.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.00 $
(76.74 A$)
52.42 $
(78.88 A$)
     +2.8 %
1 Pair of Nike Running Shoes (Mid-Range) 80.75 $
(121.50 A$)
105.56 $
(158.83 A$)
     +30.7 %
1 Pair of Men Leather Business Shoes 98.33 $
(147.96 A$)
115.21 $
(173.36 A$)
     +17.2 %
Rent Per Month
Miami, FL Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 2,773.75 $
(4,173.64 A$)
1,491.94 $
(2,244.91 A$)
     -46.2 %
Apartment (1 bedroom) Outside of Centre 2,113.76 $
(3,180.56 A$)
1,204.80 $
(1,812.85 A$)
     -43.0 %
Apartment (3 bedrooms) in City Centre 5,358.34 $
(8,062.65 A$)
2,791.27 $
(4,200.00 A$)
     -47.9 %
Apartment (3 bedrooms) Outside of Centre 3,765.09 $
(5,665.30 A$)
1,792.53 $
(2,697.21 A$)
     -52.4 %
Buy Apartment Price
Miami, FL Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 591.38 $
(889.84 A$)
675.82 $
(1,016.90 A$)
     +14.3 %
Price per Square Feet to Buy Apartment Outside of Centre 363.60 $
(547.10 A$)
539.16 $
(811.27 A$)
     +48.3 %
Salaries And Financing
Miami, FL Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 4,206.58 $
(6,329.61 A$)
4,201.83 $
(6,322.46 A$)
     -0.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.40      -2.7 %
Last update: May 2024May 2024
Contributors in the past 12 months:148413