Melbourne
New York

Melbourne vs New York — Cost of Living Comparison

Melbourne
Australia
VS
New York
United States
Estimated average living costs are ~36% lower in Melbourne

Melbourne

$3,100

avg. monthly cost

Population

5,080,000

Safety

63/100

Quality

75/100

Cost
75
Safety
63
Life
75

New York

$4,200

avg. monthly cost

Population

8,336,817

Safety

55/100

Quality

62/100

Cost
100
Safety
55
Life
62

Data last updated:

Compare Two Cities

Estimated average living costs are ~36% lower in Melbourne

Overall Monthly Cost Comparison

Melbourne

$3,100

estimated per month

New York

$4,200

estimated per month

Difference

+35.5%

Monthly savings

$1,100

Yearly savings

$13,200

Figures shown are estimated averages for general comparison purposes only and may not reflect individual spending patterns.

Cost Comparison by Category

Monthly averages side by side

Estimated Salary Equivalency (Informational)

What you'd need to earn for the same lifestyle

This calculation provides an estimated comparison based on average living costs and does not represent financial or employment advice.

$/year (USD)

$101,613

+$26,613/year (USD)

Salary equivalency figures are illustrative estimates only and should not be used for employment, negotiation, or financial planning decisions.

Detailed Category Breakdown

Item-by-item price comparison across 7 categories

ItemMelbourneNew YorkDiff
1-Bedroom Apartment (City Center)(per month)
$1,750.00$3,450.00
+97.1%
1-Bedroom Apartment (Outside Center)(per month)
$1,300.00$2,200.00
+69.2%
3-Bedroom Apartment (City Center)(per month)
$3,100.00$6,500.00
+109.7%
3-Bedroom Apartment (Outside Center)(per month)
$2,200.00$3,800.00
+72.7%
ItemMelbourneNew YorkDiff
Meal at Inexpensive Restaurant(per meal)
$17.00$25.00
+47.1%
Meal for 2 at Mid-Range Restaurant(per meal)
$80.00$110.00
+37.5%
McMeal at McDonald's(per meal)
$10.00$12.00
+20.0%
Milk (1 liter)(per liter)
$1.70$1.45
-14.7%
Bread (500g loaf)(per loaf)
$2.60$4.20
+61.5%
Rice (1 kg)(per kg)
$2.30$5.50
+139.1%
Eggs (12)(per dozen)
$4.50$4.80
+6.7%
Chicken Breast (1 kg)(per kg)
$10.00$14.50
+45.0%
Apples (1 kg)(per kg)
$3.50$6.20
+77.1%
Banana (1 kg)(per kg)
$2.60$2.10
-19.2%
ItemMelbourneNew YorkDiff
Monthly Public Transit Pass(per month)
$110.00$132.00
+20.0%
One-Way Ticket (Local Transport)(per trip)
$3.00$2.90
-3.3%
Taxi Start (Normal Tariff)(base fare)
$3.50$3.50
0.0%
Taxi 1km (Normal Tariff)(per km)
$1.90$2.20
+15.8%
Gasoline (1 liter)(per liter)
$1.35$1.05
-22.2%
ItemMelbourneNew YorkDiff
Basic Utilities (85m² Apt)(per month)
$165.00$190.00
+15.2%
Mobile Phone Plan(per month)
$32.00$55.00
+71.9%
Internet (60 Mbps+)(per month)
$52.00$68.00
+30.8%
ItemMelbourneNew YorkDiff
Doctor Visit(per visit)
$50.00$250.00
+400.0%
Dentist Visit(per visit)
$120.00$200.00
+66.7%
Prescription Medicine (avg)(per prescription)
$18.00$55.00
+205.6%
ItemMelbourneNew YorkDiff
Fitness Club Monthly(per month)
$55.00$95.00
+72.7%
Cinema Ticket(per ticket)
$15.00$18.00
+20.0%
Cappuccino(per cup)
$4.00$5.50
+37.5%
Beer (0.5l) at Restaurant(per glass)
$7.50$9.00
+20.0%
ItemMelbourneNew YorkDiff
Pair of Jeans (Levi's)(per pair)
$75.00$55.00
-26.7%
Summer Dress (Chain Store)(per item)
$48.00$42.00
-12.5%
Running Shoes (Nike, Adidas)(per pair)
$105.00$95.00
-9.5%

Category values are aggregated estimates and may vary by neighborhood, lifestyle, and market conditions.

Frequently asked questions: Melbourne vs New York

Is Melbourne or New York more expensive?
New York is more expensive, with a cost of living index of 100 compared with 75 for Melbourne.
How much cheaper is Melbourne than New York?
Living in Melbourne is around 25% cheaper than New York, based on their overall cost of living indices.
What is the cost of living difference between Melbourne and New York?
Melbourne scores 75 out of 100 on our cost of living index, while New York scores 100 — where New York City equals 100.