Cost of Living in Melbourne
Coffee and culture capital; offers a world-class lifestyle and sporting events, though housing is becoming expensive.
Moving abroad? The Wise account makes relocation easy.
£2,243
Average cost per month
Distribution of Expenses
World-class coffee, art & hidden bars
Varied weather & bay views
Premium living; excellent tram network
Cost of living breakdown for Melbourne
You can expect to spend around £2,243 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Melbourne average costs for food and drink.
Salary & Services
Melbourne average salaries and services.
Average living costs in Australia
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £1,297.66 | £1,114.07 - £1,522.56 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £980.46 | £737.94 - £1,167.12 |
| 3 Bedroom Apartment in City CentreRent Per Month | £2,515.61 | £2,122.04 - £3,183.05 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £1,796.01 | £1,379.32 - £2,387.29 |
.png)
Cities in Australia
Relocation made simple
Whatever you're relocating for, the Wise account is made to support you.
4.8★ on App Store 152k reviews
4.8★ on Google Play 1.3m reviews
Our smart app makes relocation easy
Frequently asked questions
The cost of living in Melbourne depends on your lifestyle. On average, a single person needs £945 per month without rent, while a family of four requires £3,310. Renting a 1-bedroom apartment in the city centre costs an additional £1,298 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Melbourne costs £3. If you are commuting regularly, a monthly pass is typically priced at £105.
The average monthly net salary (after tax) in Melbourne is currently £3,336.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Melbourne costs approximately £13, while a three-course meal for two people at a mid-range restaurant costs around £64.
The estimated monthly cost of living in Melbourne for a single person is £945, excluding rent.
For a family of four living in Melbourne, the estimated monthly costs are £3,310, not including rent.
Rent prices in Melbourne depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £1,298, compared to £980 outside the centre. For a 3-bedroom apartment, the average is £2,516 in the centre and £1,796 in suburban areas.
Basic utilities in Melbourne (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £173 per month. Internet access typically adds another £41.