Chicago vs Melbourne

Cost of living comparison for 2026. Melbourne is roughly 20% more affordable than Chicago (index 48 vs 60, New York = 100). Data sourced live via AI — updated regularly.

Melbourne
More affordable overall
20% cheaper than Chicago · Cost index: 48 vs 60

Life Power at $3,000/mo

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

Head-to-Head Stats

60Cost Index48
4,800Median Income /mo4,100
60Safety Index70
4.95Income Tax %32.5
150Internet (Mbps)70
250Coworking /mo240

Price Breakdown

ChicagoCategoryMelbourne
$2,471/month
1-BR Apartment (Center)
28% ← cheaper
$1,785/month
$1.35/liter
Meal for One
25% cheaper →
$1.8/liter
$18/meal
Restaurant (Mid-range)
5% cheaper →
$19/meal
$75/month
Monthly Transit Pass
35% cheaper →
$115/month
$166/month
Utilities (Monthly)
28% cheaper →
$230/month
$120/visit
Doctor Visit
$120/visit

Digital Nomad Profile

Chicago

Internet150 Mbps
Coworking$250/mo
Café WiFigood
Englishhigh
Communitygrowing
Walkability77/100

Melbourne

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

Frequently Asked Questions

Is Chicago cheaper than Melbourne?

Melbourne is cheaper than Chicago. Melbourne has a cost of living index of 48/100 compared to 60/100 for Chicago (New York = 100), making it roughly 20% more affordable overall.

How much cheaper is Melbourne than Chicago?

Melbourne is approximately 20% cheaper than Chicago based on cost index scores (48 vs 60, where New York = 100). A person spending $3,000/month in Chicago could live a similar lifestyle for roughly $2,411/month in Melbourne.

What is the rent comparison between Chicago and Melbourne?

In Chicago, a 1-bedroom apartment in the city center costs approximately $2,471/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 150 Mbps internet and coworking at ~$250/month. Melbourne offers 70 Mbps and coworking at ~$240/month. Melbourne has a cost advantage of 20%.

What is the average income in Chicago vs Melbourne?

The median net monthly salary in Chicago is approximately $4,800 USD, compared to $4,100 USD in Melbourne.

Compare Chicago with…

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