Cost of Living Comparison Between Melbourne and Double Bay Cost of Living Comparison Between Melbourne and Double Bay

Monthly Cost of Living

A single person spends $2,420 per month in Melbourne vs $2,293 in Double Bay, rent included.

A couple spends around $3,592 per month in Melbourne vs $3,320 in Double Bay, rent included.

A family of three spends $4,765 per month in Melbourne vs $4,347 in Double Bay, rent included.

Melbourne costs about 6% more than Double Bay, driven mainly by Getting Around.

Both Melbourne and Double Bay sit above the global median – Melbourne by 81%, Double Bay by 72%.

Meal at Budget Restaurant

$19.36 A$27.73

$16.42 A$23.53

17.90%

Three-Course Dinner for Two, Mid-Range

$77.5 A$111

$78.1 A$112

-0.87%

Fast Food Meal (McDonalds, etc)

$9.85 A$14.11

$10.04 A$14.38

-1.89%

Cappuccino

$3.73 A$5.34

$3.29 A$4.71

13.37%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.62 A$3.75

$2.57 A$3.68

1.95%

Water (0.33 liter bottle)

$2.28 A$3.27

$1.92 A$2.76

18.75%

Local Beer (0.5 liter draught)

$7.36 A$10.54

$6.31 A$9.04

16.64%

Imported Beer (0.33 liter bottle)

$6.94 A$9.94

$7.06 A$10.12

-1.70%

Milk (1 liter)

$1.50 A$2.14

$1.38 A$1.97

8.70%

White Bread (500g)

$2.58 A$3.69

$2.61 A$3.74

-1.15%

Rice (white) (1kg)

$2.34 A$3.35

$2.26 A$3.24

3.54%

Eggs

$4.85 A$6.95

$4.09 A$5.85

18.58%

Local Cheese (1kg)

$8.72 A$12.50

$8.79 A$12.59

-0.80%

Chicken Fillets (1kg)

$9.26 A$13.26

$8.19 A$11.73

13.06%

Beef Round Steak (1kg)

$14.58 A$20.89

$14.05 A$20.13

3.77%

Apples (1kg)

$3.32 A$4.75

$3.25 A$4.65

2.15%

Banana (1kg)

$2.81 A$4.03

$2.92 A$4.19

-3.77%

Oranges (1kg)

$3.00 A$4.30

$3.13 A$4.48

-4.15%

Tomato (1kg)

$3.98 A$5.70

$4.81 A$6.90

-17.26%

Potato (1kg)

$2.67 A$3.82

$2.42 A$3.47

10.33%

Onion (1kg)

$2.23 A$3.20

$2.31 A$3.31

-3.46%

Lettuce (1 head)

$2.19 A$3.14

$2.45 A$3.50

-10.61%

Water (1.5 liter bottle)

$1.64 A$2.35

$1.29 A$1.84

27.13%

Cigarettes 20 Pack (Marlboro, Camel)

$31.95 A$45.77

$33.01 A$47.29

-3.21%

Wine (Bottle)

$13.92 A$19.94

$14.04 A$20.12

-0.85%

Local Beer (0.5 liter bottle)

$4.67 A$6.69

$4.88 A$7.00

-4.30%

Imported Beer (0.33 liter bottle)

$5.04 A$7.22

$5.45 A$7.81

-7.52%

One-way Ticket (Public Transport)

$3.50 A$5.02

$2.61 A$3.75

34.10%

Public Transport Monthly Pass (Regular Price)

$121 A$173

$65.9 A$94.3

83.14%

Taxi Start (Normal Tariff)

$3.56 A$5.10

$3.92 A$5.61

-9.18%

Taxi (Normal Tariff) (1km)

$1.40 A$2.01

$1.55 A$2.22

-9.68%

Taxi 1hour Waiting (Normal Tariff)

$27.50 A$39.39

$40.39 A$57.9

-31.91%

Gasoline (1 liter)

$1.15 A$1.64

$1.15 A$1.65

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.2K A$41.8K

$28.6K A$41.0K

1.85%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$23.0K A$32.9K

$22.4K A$32.1K

2.37%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$154 A$220

$199 A$285

-22.57%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$20.93 A$29.99

$24.39 A$34.94

-14.19%

Internet (50+ Mbps, Unlimited Data)

$51.4 A$73.7

$51.3 A$73.5

0.29%

Gym Membership (Monthly)

$48.89 A$70.0

$48.24 A$69.1

1.35%

Tennis Court (1 Hour on Weekend)

$16.24 A$23.27

$15.68 A$22.47

3.57%

Cinema Ticket

$15.97 A$22.88

$13.44 A$19.26

18.82%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,765 A$2,529

$1,764 A$2,528

0.04%

International Primary School, 1 Child (Yearly)

$19.5K A$28.0K

$13.5K A$19.4K

44.40%

Jeans (Levis 501 Or Similar)

$67.0 A$96.1

$69.9 A$100

-4.04%

Summer Dress (H&M, Zara, etc)

$54.5 A$78.0

$55.9 A$80.1

-2.56%

Sport Shoes (Adidas, Nike)

$106 A$151

$97.5 A$140

8.40%

Men's Leather Business Shoes

$104 A$149

$116 A$166

-10.41%

1-bedroom Apartment, City Center (Monthly)

$1,575 A$2,257

$1,245 A$1,784

26.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,206 A$1,728

$1,062 A$1,521

13.58%

3-bedroom Apartment, City Center (Monthly)

$3,041 A$4,357

$1,986 A$2,845

53.12%

3-bedroom Apartment, Outside City Center (Monthly)

$2,022 A$2,897

$1,693 A$2,426

19.39%

Buy Apartment in City Center (m2)

$7,077 A$10.1K

$5,704 A$8,172

24.06%

Buy Apartment Outside City Center (m2)

$6,420 A$9,198

$4,503 A$6,451

42.59%

Average Monthly Net Salary (After Tax)

$4,398 A$6,301

20-Year Fixed Mortgage Interest Rate (Annual %)

6.19

6.29

-1.59%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Melbourne: July 14, 2026

Last update for Double Bay: July 13, 2026

Cost Breakdown

A central one-bedroom costs $1,575 in Melbourne versus $1,245 in Double Bay. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $77.0 in Melbourne versus $78.0 in Double Bay. Groceries tell a different story – $353 in Melbourne vs $346 in Double Bay – so Double Bay wins on supermarket bills even if dining out costs more.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Melbourne vs Double Bay: Cost of Living - Frequently Asked Questions

Yes – Melbourne is pricier by about 6%, and the gap shows up most in Getting Around. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,630 per month in Melbourne and $3,440 in Double Bay. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Double Bay, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $77.0 in Melbourne and $78.0 in Double Bay. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,420 in Melbourne and $2,293 in Double Bay. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Double Bay, where all-in costs run around $2,293, than in Melbourne at $2,420. In Double Bay it covers expenses comfortably, while in Melbourne it requires careful planning or may not stretch far enough.

Families tend to lean toward Double Bay – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Double Bay. If higher salaries, better infrastructure, or specific career opportunities are the priority, Melbourne makes more sense. Both are solid long-term options with distinct trade-offs.