Cost of Living in Melbourne, Australia

Cost of Living in Melbourne

Last updated on May 10, 2023

Summary: The cost of living in Melbourne, Australia is generally considered to be quite high. A nice one bedroom apartment in Melbourne can cost anywhere from $1,500 to $2,500 USD per month, while a nice two bedroom apartment can cost anywhere from $2,000 to $3,500 USD per month. The cost of dinner at a moderately priced restaurant in Melbourne can range from $20 to $50 USD per person.

Is the cost of living in Melbourne high?

We asked people how much they someone comfortably live on in Melbourne, they wrote:

"The cost of living in Melbourne is generally considered to be higher than the average for most cities in the world. Although rent and groceries can be expensive, there are many ways to manage your expenses. Transportation costs are generally low and there are a variety of options for getting around the city. Taxes are comparably low and life in Melbourne offers plenty of free entertainment such as festivals and parks. In short, living in Melbourne can be affordable with a little bit of planning," said one expat in Melbourne, Australia.

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.