Last update: Oct 2026

Cost of Living Comparison Between Melbourne and Geoje

For one person, living is cheaper in Geoje: $1,738 a month against $2,821 in Melbourne, rent and utilities included – about $13,000 less a year. Rent and utilities account for most of the difference.

138

Cost of Living Index in Melbourne
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Melbourne Living Index
85

Cost of Living Index in Geoje
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Geoje Living Index

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Melbourne

🇦🇺 Australia

$2,821

/mo nomad

Geoje

🇰🇷 South Korea

$1,738

/mo nomad

Monthly Cost of Living

How much you'll spend in Melbourne and in Geoje

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Melbourne and in Geoje actually costs, broken down by who's living it.

A single person spends $2,821 per month in Melbourne vs $1,738 in Geoje, rent included.

Melbourne $2,821
Geoje $1,738

A couple spends around $4,235 per month in Melbourne vs $2,672 in Geoje, rent included.

Melbourne $4,235
Geoje $2,672

A family of three spends $5,650 per month in Melbourne vs $3,606 in Geoje, rent included.

Melbourne $5,650
Geoje $3,606

Melbourne costs about 62% more than Geoje, and outside of rent the biggest gap is in eating out.

Both Melbourne and Geoje sit above the global median – Melbourne by 109%, Geoje by 29%.

Meal at Budget Restaurant

$17.43 A$25.08

$7.40 ₩9,843

135.54%

Three-Course Dinner for Two, Mid-Range

$84.6 A$122

$48.64 ₩64.7K

73.83%

Fast Food Meal (McDonalds, etc)

$12.46 A$17.92

$6.73 ₩8,954

85.14%

Cappuccino

$4.11 A$5.91

$3.58 ₩4,766

14.80%

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

$3.06 A$4.40

$1.85 ₩2,462

65.41%

Water (0.33 liter bottle)

$2.52 A$3.62

$1.10 ₩1,468

129.09%

Local Beer (0.5 liter draught)

$9.80 A$14.10

$1.92 ₩2,546

410.42%

Imported Beer (0.33 liter bottle)

$8.57 A$12.33

$3.81 ₩5,066

124.93%

Milk (1 liter)

$1.48 A$2.14

$2.35 ₩3,124

-37.02%

White Bread (500g)

$2.94 A$4.23

$2.97 ₩3,947

-1.01%

Rice (white) (1kg)

$2.66 A$3.82

$3.11 ₩4,132

-14.47%

Eggs

$5.54 A$7.97

$2.70 ₩3,593

105.19%

Local Cheese (1kg)

$10.51 A$15.13

$11.00 ₩14.6K

-4.45%

Chicken Fillets (1kg)

$9.65 A$13.89

$7.46 ₩9,914

29.36%

Beef Round Steak (1kg)

$15.22 A$21.91

$22.69 ₩30.2K

-32.92%

Apples (1kg)

$3.99 A$5.75

$11.16 ₩14.8K

-64.25%

Banana (1kg)

$3.02 A$4.34

$3.57 ₩4,745

-15.41%

Oranges (1kg)

$3.10 A$4.46

$6.16 ₩8,197

-49.68%

Tomato (1kg)

$4.82 A$6.93

$5.90 ₩7,844

-18.31%

Potato (1kg)

$3.03 A$4.36

$5.91 ₩7,858

-48.73%

Onion (1kg)

$2.44 A$3.52

$3.41 ₩4,535

-28.45%

Lettuce (1 head)

$2.46 A$3.54

$2.79 ₩3,708

-11.83%

Water (1.5 liter bottle)

$1.63 A$2.34

$1.28 ₩1,703

27.34%

Cigarettes 20 Pack (Marlboro, Camel)

$44.07 A$63.4

$3.44 ₩4,574

1181.10%

Wine (Bottle)

$12.70 A$18.28

$13.08 ₩17.4K

-2.91%

Local Beer (0.5 liter bottle)

$5.54 A$7.97

$1.91 ₩2,535

190.05%

Imported Beer (0.33 liter bottle)

$5.23 A$7.52

$3.38 ₩4,493

54.73%

One-way Ticket (Public Transport)

$3.74 A$5.38

$1.24 ₩1,650

201.61%

Public Transport Monthly Pass (Regular Price)

$138 A$198

Taxi Start (Normal Tariff)

$4.51 A$6.50

$2.93 ₩3,894

53.92%

Taxi (Normal Tariff) (1km)

$1.36 A$1.96

$0.78 ₩1,042

74.36%

Taxi 1hour Waiting (Normal Tariff)

$30.45 A$43.81

$17.03 ₩22.6K

78.80%

Gasoline (1 liter)

$1.47 A$2.12

$1.43 ₩1,898

2.80%

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

$29.0K A$41.7K

$29.3K ₩39.0M

-1.07%

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

$26.5K A$38.1K

$33.7K ₩44.9M

-21.53%

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

$234 A$336

$199 ₩264.7K

17.40%

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

$27.93 A$40.19

$36.82 ₩49.0K

-24.14%

Internet (50+ Mbps, Unlimited Data)

$55.7 A$80.2

$27.67 ₩36.8K

101.45%

Gym Membership (Monthly)

$49.40 A$71.1

$131 ₩174.7K

-62.41%

Tennis Court (1 Hour on Weekend)

$21.48 A$30.91

Cinema Ticket

$15.09 A$21.72

$11.88 ₩15.8K

27.02%

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

$2,371 A$3,412

$644 ₩855.9K

268.37%

International Primary School, 1 Child (Yearly)

$30.2K A$43.5K

$22.0K ₩29.2M

37.37%

Jeans (Levis 501 Or Similar)

$80.0 A$115

$106 ₩141.3K

-24.76%

Summer Dress (H&M, Zara, etc)

$50.7 A$73.0

$65.1 ₩86.6K

-22.12%

Sport Shoes (Adidas, Nike)

$121 A$174

$52.8 ₩70.2K

128.43%

Men's Leather Business Shoes

$130 A$188

$126 ₩167.0K

3.81%

1-bedroom Apartment, City Center (Monthly)

$1,759 A$2,531

$667 ₩887.0K

163.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,390 A$2,000

$559 ₩742.9K

148.71%

3-bedroom Apartment, City Center (Monthly)

$3,494 A$5,027

$1,163 ₩1.5M

200.32%

3-bedroom Apartment, Outside City Center (Monthly)

$2,493 A$3,588

$1,037 ₩1.4M

140.35%

Buy Apartment in City Center (m2)

$6,926 A$9,967

Buy Apartment Outside City Center (m2)

$6,445 A$9,274

Average Monthly Net Salary (After Tax)

$4,383 A$6,307

$1,787 ₩2.4M

145.21%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

4.22

39.81%

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

Last update for Melbourne: October 10, 2026

Last update for Geoje: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Melbourne

$1.4K 49.3%

Geoje

$559 32.1% 59.8% $831

Groceries & Markets

Melbourne

$384 13.6%

Geoje

$440 25.3% 14.5% $56

Monthly Utilities & Internet

Melbourne

$317 11.3%

Geoje

$264 15.2% 17% $54

Eating Out

Melbourne

$315 11.2%

Geoje

$151 8.7% 51.8% $163

Clothing & Footwear

Melbourne

$172 6.1%

Geoje

$157 9.1% 8.3% $14

Getting Around

Melbourne

$164 5.8%

Geoje

$12 * 0.7% 92.8% $152

Sport & Entertainment

Melbourne

$80 2.8%

Geoje

$155 8.9% 95% $76

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,759 in Melbourne versus $667 in Geoje. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 145% higher in Melbourne, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $85.0 in Melbourne versus $49.00 in Geoje. Groceries tell a different story – $384 in Melbourne vs $440 in Geoje – so Melbourne wins on supermarket bills even if dining out costs more.

Good to know

🇦🇺 Melbourne

🇰🇷 Geoje

🕒 Local time

09:37 9:37 AM

07:37 7:37 AM

2 h behind Melbourne

🌤 Weather

👥 Population

5,031,195

254,073

💱 Currency

Australian Dollar AUD $

South Korean Won KRW ₩

📈 Exchange rate

1 AUD = 0.695 USD

1 AUD = 0.618 EUR

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

Exchange rates and currency converter

KRW, USD, EUR to AUD – Australian Dollar Converter

🇺🇸 United States Dollar ($)

🇦🇺 Australian Dollar ($)

Australian Dollar exchange rates as of October 17, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

USD to AUD in detail →

On the map

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Between locations

Melbourne Geoje 8,260 km ≈ 11 h nonstop flight

From you

Melbourne
Geoje

Distances are measured in a straight line. Your location is detected approximately.

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 Geoje: Cost of Living - Frequently Asked Questions

Melbourne costs about 62% more than Geoje, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $4,231 per month in Melbourne and $2,607 in Geoje. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,821 in Melbourne and $1,738 in Geoje. That's a gap of about 62%.

Kindergarten costs $2,371 per month in Melbourne and $644 in Geoje. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Geoje, where all-in costs run around $1,738, than in Melbourne at $2,821. In Geoje it covers expenses comfortably, while in Melbourne it requires careful planning or may not stretch far enough.

Families tend to lean toward Geoje – 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 Geoje. 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.