Cost of Living Comparison Between Melbourne and Hobart Cost of Living Comparison Between Melbourne and Hobart

Monthly Cost of Living

A single person spends $2,416 per month in Melbourne vs $2,528 in Hobart, rent included.

A couple spends around $3,579 per month in Melbourne vs $3,495 in Hobart, rent included.

A family of three spends $4,742 per month in Melbourne vs $4,461 in Hobart, rent included.

Melbourne is about 4% cheaper than Hobart, driven mainly by Getting Around.

Both Melbourne and Hobart sit above the global median – Melbourne by 80%, Hobart by 89%.

Meal at Budget Restaurant

$19.75 A$27.67

$16.48 A$23.10

19.84%

Three-Course Dinner for Two, Mid-Range

$78.7 A$110

$83.9 A$118

-6.29%

Fast Food Meal (McDonalds, etc)

$9.70 A$13.60

$9.96 A$13.96

-2.61%

Cappuccino

$3.66 A$5.13

$3.60 A$5.05

1.67%

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

$2.60 A$3.65

$2.73 A$3.82

-4.76%

Water (0.33 liter bottle)

$2.34 A$3.28

$1.79 A$2.51

30.73%

Local Beer (0.5 liter draught)

$7.17 A$10.05

$7.54 A$10.57

-4.91%

Imported Beer (0.33 liter bottle)

$6.99 A$9.79

$7.93 A$11.12

-11.85%

Milk (1 liter)

$1.45 A$2.03

$1.86 A$2.61

-22.04%

White Bread (500g)

$2.66 A$3.73

$2.44 A$3.42

9.02%

Rice (white) (1kg)

$2.34 A$3.27

$1.70 A$2.38

37.65%

Eggs

$4.80 A$6.73

$5.18 A$7.25

-7.34%

Local Cheese (1kg)

$8.77 A$12.28

$10.82 A$15.15

-18.95%

Chicken Fillets (1kg)

$9.44 A$13.22

$8.74 A$12.25

8.01%

Beef Round Steak (1kg)

$14.42 A$20.21

$16.34 A$22.90

-11.75%

Apples (1kg)

$3.33 A$4.67

$3.04 A$4.25

9.54%

Banana (1kg)

$2.77 A$3.89

$3.24 A$4.54

-14.51%

Oranges (1kg)

$3.00 A$4.20

$3.38 A$4.73

-11.24%

Tomato (1kg)

$3.95 A$5.53

$4.53 A$6.35

-12.80%

Potato (1kg)

$2.68 A$3.75

$2.92 A$4.08

-8.22%

Onion (1kg)

$2.36 A$3.30

$2.24 A$3.14

5.36%

Lettuce (1 head)

$2.14 A$2.99

$2.68 A$3.76

-20.15%

Water (1.5 liter bottle)

$1.63 A$2.29

$1.89 A$2.65

-13.76%

Cigarettes 20 Pack (Marlboro, Camel)

$32.44 A$45.46

$25.50 A$35.74

27.22%

Wine (Bottle)

$14.11 A$19.76

$14.67 A$20.56

-3.82%

Local Beer (0.5 liter bottle)

$4.64 A$6.51

$5.19 A$7.27

-10.60%

Imported Beer (0.33 liter bottle)

$5.04 A$7.06

$5.43 A$7.61

-7.18%

One-way Ticket (Public Transport)

$3.49 A$4.89

$3.46 A$4.84

0.87%

Public Transport Monthly Pass (Regular Price)

$120 A$168

$67.9 A$95.1

76.64%

Taxi Start (Normal Tariff)

$3.50 A$4.90

$4.19 A$5.87

-16.47%

Taxi (Normal Tariff) (1km)

$1.35 A$1.88

$1.91 A$2.68

-29.32%

Taxi 1hour Waiting (Normal Tariff)

$26.94 A$37.75

$29.04 A$40.69

-7.23%

Gasoline (1 liter)

$1.19 A$1.67

$1.16 A$1.63

2.59%

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

$29.4K A$41.2K

$28.8K A$40.4K

2.17%

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

$23.6K A$33.0K

$27.5K A$38.5K

-14.16%

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

$150 A$210

$272 A$381

-44.83%

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

$21.16 A$29.65

$29.72 A$41.65

-28.80%

Internet (50+ Mbps, Unlimited Data)

$50.3 A$70.5

$53.4 A$74.9

-5.88%

Gym Membership (Monthly)

$49.14 A$68.9

$43.49 A$60.9

12.99%

Tennis Court (1 Hour on Weekend)

$16.37 A$22.94

$12.13 A$16.99

34.95%

Cinema Ticket

$16.43 A$23.03

$16.07 A$22.52

2.24%

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

$1,764 A$2,471

$1,659 A$2,325

6.28%

International Primary School, 1 Child (Yearly)

$19.2K A$26.9K

$28.5K A$39.9K

-32.69%

Jeans (Levis 501 Or Similar)

$68.3 A$95.7

$64.2 A$89.9

6.44%

Summer Dress (H&M, Zara, etc)

$53.3 A$74.7

$54.3 A$76.1

-1.91%

Sport Shoes (Adidas, Nike)

$106 A$149

$110 A$154

-3.20%

Men's Leather Business Shoes

$105 A$147

$112 A$157

-6.49%

1-bedroom Apartment, City Center (Monthly)

$1,572 A$2,203

$1,607 A$2,251

-2.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,195 A$1,674

$1,165 A$1,632

2.59%

3-bedroom Apartment, City Center (Monthly)

$3,048 A$4,270

$2,196 A$3,078

38.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 A$2,788

$1,604 A$2,248

24.00%

Buy Apartment in City Center (m2)

$7,387 A$10.4K

$5,767 A$8,080

28.10%

Buy Apartment Outside City Center (m2)

$6,527 A$9,146

$5,097 A$7,141

28.06%

Average Monthly Net Salary (After Tax)

$4,512 A$6,323

$4,274 A$5,989

5.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.19

6.56

-5.64%

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

Last update for Melbourne: May 31, 2026

Last update for Hobart: June 2, 2026

Cost Breakdown

A central one-bedroom costs $1,572 in Melbourne versus $1,607 in Hobart. 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 6% higher in Melbourne, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $79.0 in Melbourne versus $84.0 in Hobart. Monthly groceries follow the same trend: $354 vs $379 – making Melbourne the more affordable choice for daily food spending.

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 Hobart: Cost of Living - Frequently Asked Questions

Hobart costs about 5% more than Melbourne, with the gap driven mainly by Getting Around. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,624 per month in Melbourne and $3,792 in Hobart. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Groceries cost about 7% more in Hobart, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $79.0 in Melbourne and $84.0 in Hobart. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,416 in Melbourne and $2,528 in Hobart. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Melbourne – 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 Melbourne. If higher salaries, better infrastructure, or specific career opportunities are the priority, Hobart makes more sense. Both are solid long-term options with distinct trade-offs.