Cost of Living in Melbourne, Australia
Melbourne has a cost of living index of 61/100 (New York = 100). It is 39% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Fitzroy, South Yarra, Carlton
Frequently Asked Questions
Is Melbourne cheap to live in?
Melbourne has a cost of living index of 61/100, where New York = 100. It is 39% cheaper than New York. A single person can live comfortably for approximately $1,220–$1,708 per month.
How much does rent cost in Melbourne?
A 1-bedroom apartment in the city center of Melbourne costs approximately $1,430/month. Outside the center, expect to pay around $1,150/month.
Is Melbourne good for digital nomads?
Melbourne has a large digital nomad community. Average internet speed is 95 Mbps, café wifi reliability is excellent, and coworking spaces run about $350/month. English proficiency is high.
What is the average salary in Melbourne?
The median net monthly salary in Melbourne is approximately $6,200 USD. The income tax rate is around 21%.
How does Melbourne compare to New York for cost of living?
Melbourne (cost index 61) is 39% cheaper than New York (cost index 100). You could save roughly $975/month by moving from New York to Melbourne.
Compare Melbourne with another city
See exactly how Melbourne stacks up against your current city or next destination.
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