London vs Melbourne

Cost of living comparison for 2026. Melbourne is roughly 2% more affordable than London (index 48 vs 49, New York = 100). Data sourced live via AI — updated regularly.

Melbourne
More affordable overall
2% cheaper than London · Cost index: 48 vs 49

Life Power at $3,000/mo

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

Head-to-Head Stats

49Cost Index48
3,050Median Income /mo4,100
68Safety Index70
20Income Tax %32.5
162Internet (Mbps)70
380Coworking /mo240

Price Breakdown

LondonCategoryMelbourne
$2,395/month
1-BR Apartment (Center)
25% ← cheaper
$1,785/month
$1.35/liter
Meal for One
25% cheaper →
$1.8/liter
$19/meal
Restaurant (Mid-range)
$19/meal
$191/month
Monthly Transit Pass
40% ← cheaper
$115/month
$180/month
Utilities (Monthly)
22% cheaper →
$230/month
$0/visit
Doctor Visit
$120/visit

Digital Nomad Profile

London

Internet162 Mbps
Coworking$380/mo
Café WiFifair
Englishhigh
Communitylarge
Walkability72/100

Melbourne

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

Frequently Asked Questions

Is London cheaper than Melbourne?

Melbourne is cheaper than London. Melbourne has a cost of living index of 48/100 compared to 49/100 for London (New York = 100), making it roughly 2% more affordable overall.

How much cheaper is Melbourne than London?

Melbourne is approximately 2% cheaper than London based on cost index scores (48 vs 49, where New York = 100). A person spending $3,000/month in London could live a similar lifestyle for roughly $2,932/month in Melbourne.

What is the rent comparison between London and Melbourne?

In London, a 1-bedroom apartment in the city center costs approximately $2,395/month. In Melbourne, the equivalent is around $1,785/month.

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

Both cities have nomad infrastructure. London offers 162 Mbps internet and coworking at ~$380/month. Melbourne offers 70 Mbps and coworking at ~$240/month. Melbourne has a cost advantage of 2%.

What is the average income in London vs Melbourne?

The median net monthly salary in London is approximately $3,050 USD, compared to $4,100 USD in Melbourne.

Compare London with…

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