Cost of Living in Melbourne Australia (2026)

Melbourne is Australias second-largest city and is known for its cultural scene, coffee culture, and relatively affordable lifestyle compared to Sydney.

Housing costs

• Average rent: $2,200 – $2,800 per month for a 1-bedroom apartment in the city
• Shared accommodation: $1,000 – $1,500 per month
• Outer suburbs rent: $1,700 – $2,200 per month

Other key costs

• Groceries: $140 – $180 per week
• Public transport: $140 – $180 per month
• Utilities: $140 – $180 per month

Why choose Melbourne?

Melbourne offers a high quality of life with lower housing costs than Sydney. Its diverse job market and education sector make it popular for migrants and professionals. Use our salary calculator to see how your take-home pay compares to Melbourne living costs.