Cost of Living Comparison Between New York, NY and Melbourne 

Indices DifferenceInfo
Consumer Prices in Melbourne are 34.9% lower than in New York, NY (without rent)
Consumer Prices Including Rent in Melbourne are 49.9% lower than in New York, NY
Rent Prices in Melbourne are 66.2% lower than in New York, NY
Restaurant Prices in Melbourne are 42.6% lower than in New York, NY
Groceries Prices in Melbourne are 28.3% lower than in New York, NY
Local Purchasing Power in Melbourne is 43.6% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Melbourne Edit Difference
Meal, Inexpensive Restaurant 30.00 $
(45.39 A$)
16.52 $
(25.00 A$)
     -44.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $
(196.71 A$)
66.09 $
(100.00 A$)
     -49.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $
(18.16 A$)
9.91 $
(15.00 A$)
     -17.4 %
Domestic Beer (1 pint draught) 8.00 $
(12.11 A$)
6.61 $
(10.00 A$)
     -17.4 %
Imported Beer (12 oz small bottle) 11.00 $
(16.64 A$)
6.61 $
(10.00 A$)
     -39.9 %
Cappuccino (regular) 5.72 $
(8.65 A$)
3.37 $
(5.10 A$)
     -41.0 %
Coke/Pepsi (12 oz small bottle) 3.17 $
(4.80 A$)
2.56 $
(3.88 A$)
     -19.2 %
Water (12 oz small bottle) 2.33 $
(3.53 A$)
2.31 $
(3.50 A$)
     -1.0 %
Markets
New York, NY Edit Melbourne Edit
Milk (regular), (1 gallon) 5.65 $
(8.54 A$)
5.34 $
(8.08 A$)
     -5.4 %
Loaf of Fresh White Bread (1 lb) 4.39 $
(6.64 A$)
2.36 $
(3.57 A$)
     -46.2 %
Rice (white), (1 lb) 3.40 $
(5.15 A$)
1.01 $
(1.52 A$)
     -70.4 %
Eggs (regular) (12) 5.22 $
(7.89 A$)
3.81 $
(5.77 A$)
     -26.9 %
Local Cheese (1 lb) 7.64 $
(11.56 A$)
4.29 $
(6.49 A$)
     -43.8 %
Chicken Fillets (1 lb) 6.93 $
(10.49 A$)
3.91 $
(5.92 A$)
     -43.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.99 $
(13.61 A$)
5.61 $
(8.50 A$)
     -37.6 %
Apples (1 lb) 3.10 $
(4.69 A$)
1.36 $
(2.05 A$)
     -56.3 %
Banana (1 lb) 0.96 $
(1.45 A$)
1.14 $
(1.72 A$)
     +18.5 %
Oranges (1 lb) 2.53 $
(3.82 A$)
1.18 $
(1.78 A$)
     -53.4 %
Tomato (1 lb) 2.93 $
(4.43 A$)
1.59 $
(2.40 A$)
     -45.7 %
Potato (1 lb) 1.81 $
(2.73 A$)
1.00 $
(1.51 A$)
     -44.6 %
Onion (1 lb) 1.69 $
(2.56 A$)
0.97 $
(1.47 A$)
     -42.3 %
Lettuce (1 head) 2.95 $
(4.46 A$)
2.12 $
(3.21 A$)
     -28.0 %
Water (1.5 liter bottle) 2.52 $
(3.82 A$)
1.40 $
(2.11 A$)
     -44.6 %
Bottle of Wine (Mid-Range) 20.00 $
(30.26 A$)
12.23 $
(18.50 A$)
     -38.9 %
Domestic Beer (0.5 liter bottle) 2.53 $
(3.82 A$)
4.71 $
(7.13 A$)
     +86.5 %
Imported Beer (12 oz small bottle) 3.86 $
(5.83 A$)
5.39 $
(8.16 A$)
     +39.8 %
Cigarettes 20 Pack (Marlboro) 17.00 $
(25.72 A$)
29.74 $
(45.00 A$)
     +74.9 %
Transportation
New York, NY Edit Melbourne Edit
One-way Ticket (Local Transport) 2.90 $
(4.39 A$)
3.50 $
(5.30 A$)
     +20.8 %
Monthly Pass (Regular Price) 132.00 $
(199.73 A$)
126.10 $
(190.80 A$)
     -4.5 %
Taxi Start (Normal Tariff) 5.00 $
(7.57 A$)
3.63 $
(5.50 A$)
     -27.3 %
Taxi 1 mile (Normal Tariff) 3.50 $
(5.30 A$)
3.19 $
(4.83 A$)
     -8.8 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $
(51.45 A$)
26.09 $
(39.48 A$)
     -23.3 %
Gasoline (1 gallon) 3.85 $
(5.83 A$)
4.80 $
(7.27 A$)
     +24.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $
(52,959.41 A$)
26,765.78 $
(40,500.00 A$)
     -23.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,356.86 $
(42,907.50 A$)
21,611.74 $
(32,701.29 A$)
     -23.8 %
Utilities (Monthly)
New York, NY Edit Melbourne Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 187.85 $
(284.25 A$)
159.51 $
(241.35 A$)
     -15.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.52 $
(103.68 A$)
26.22 $
(39.68 A$)
     -61.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 71.82 $
(108.67 A$)
52.87 $
(80.00 A$)
     -26.4 %
Sports And Leisure
New York, NY Edit Melbourne Edit
Fitness Club, Monthly Fee for 1 Adult 147.95 $
(223.87 A$)
51.63 $
(78.12 A$)
     -65.1 %
Tennis Court Rent (1 Hour on Weekend) 93.12 $
(140.91 A$)
15.61 $
(23.62 A$)
     -83.2 %
Cinema, International Release, 1 Seat 20.00 $
(30.26 A$)
14.54 $
(22.00 A$)
     -27.3 %
Childcare
New York, NY Edit Melbourne Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,123.56 $
(4,726.33 A$)
1,534.30 $
(2,321.59 A$)
     -50.9 %
International Primary School, Yearly for 1 Child 58,000.00 $
(87,761.31 A$)
19,157.36 $
(28,987.50 A$)
     -67.0 %
Clothing And Shoes
New York, NY Edit Melbourne Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.17 $
(109.21 A$)
77.76 $
(117.67 A$)
     +7.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $
(72.99 A$)
51.03 $
(77.21 A$)
     +5.8 %
1 Pair of Nike Running Shoes (Mid-Range) 101.23 $
(153.18 A$)
103.02 $
(155.88 A$)
     +1.8 %
1 Pair of Men Leather Business Shoes 169.09 $
(255.85 A$)
111.77 $
(169.12 A$)
     -33.9 %
Rent Per Month
New York, NY Edit Melbourne Edit
Apartment (1 bedroom) in City Centre 4,350.00 $
(6,582.10 A$)
1,406.20 $
(2,127.76 A$)
     -67.7 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $
(4,380.95 A$)
1,175.20 $
(1,778.23 A$)
     -59.4 %
Apartment (3 bedrooms) in City Centre 8,779.04 $
(13,283.79 A$)
2,639.65 $
(3,994.12 A$)
     -69.9 %
Apartment (3 bedrooms) Outside of Centre 4,625.19 $
(6,998.49 A$)
1,752.33 $
(2,651.50 A$)
     -62.1 %
Buy Apartment Price
New York, NY Edit Melbourne Edit
Price per Square Feet to Buy Apartment in City Centre 1,710.37 $
(2,588.01 A$)
648.51 $
(981.27 A$)
     -62.1 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $
(1,729.12 A$)
519.51 $
(786.08 A$)
     -54.5 %
Salaries And Financing
New York, NY Edit Melbourne Edit
Average Monthly Net Salary (After Tax) 5,903.58 $
(8,932.86 A$)
4,245.81 $
(6,424.44 A$)
     -28.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.74 6.34      -6.0 %
Last update: May 2024May 2024
Contributors in the past 12 months:492406