Chicago vs Melbourne

Cost of living comparison for 2026. Chicago is roughly 13% more affordable than Melbourne (index 42 vs 48, New York = 100). Data sourced live via AI — updated regularly.

Chicago
More affordable overall
13% cheaper than Melbourne · Cost index: 42 vs 48

Life Power at $3,000/mo

The same salary ranks differently depending on where you live — from Beggar to King.

Head-to-Head Stats

42Cost Index48
6,250Median Income /mo4,100
52Safety Index70
28Income Tax %32.5
940Internet (Mbps)70
350Coworking /mo240

Price Breakdown

ChicagoCategoryMelbourne
$2,368/month
1-BR Apartment (Center)
25% ← cheaper
$1,785/month
$1.28/liter
Meal for One
29% cheaper →
$1.8/liter
$18/meal
Restaurant (Mid-range)
5% cheaper →
$19/meal
$75/month
Monthly Transit Pass
35% cheaper →
$115/month
$182/month
Utilities (Monthly)
21% cheaper →
$230/month
$150/visit
Doctor Visit
20% ← cheaper
$120/visit

Digital Nomad Profile

Chicago

Internet940 Mbps
Coworking$350/mo
Café WiFiexcellent
Englishhigh
Communitylarge
Walkability78/100

Melbourne

Internet70 Mbps
Coworking$240/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability74/100

Frequently Asked Questions

Is Chicago cheaper than Melbourne?

Chicago is cheaper than Melbourne. Chicago has a cost of living index of 42/100 compared to 48/100 for Melbourne (New York = 100), making it roughly 13% more affordable overall.

How much cheaper is Chicago than Melbourne?

Chicago is approximately 13% cheaper than Melbourne based on cost index scores (42 vs 48, where New York = 100). A person spending $3,000/month in Melbourne could live a similar lifestyle for roughly $2,616/month in Chicago.

What is the rent comparison between Chicago and Melbourne?

In Chicago, a 1-bedroom apartment in the city center costs approximately $2,368/month. In Melbourne, the equivalent is around $1,785/month.

Which city is better for digital nomads — Chicago or Melbourne?

Both cities have nomad infrastructure. Chicago offers 940 Mbps internet and coworking at ~$350/month. Melbourne offers 70 Mbps and coworking at ~$240/month. Chicago has a cost advantage of 13%.

What is the average income in Chicago vs Melbourne?

The median net monthly salary in Chicago is approximately $6,250 USD, compared to $4,100 USD in Melbourne.

Compare Chicago with…

Popular head-to-heads — see exactly where Chicago wins or loses.

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