Last update: Oct 2026

Cost of Living Comparison Between Melbourne and South Korea

Name: South Korea
Address: KR

For one person, living is cheaper in South Korea: $1,543 a month against $2,852 in Melbourne, rent and utilities included – about $15,700 less a year. Rent and utilities account for most of the difference.

137

Cost of Living Index in Melbourne
Learn more

Melbourne Living Index
76

Cost of Living Index in South Korea
Learn more

South Korea Living Index

Jump to prices

Melbourne

🇦🇺 Australia

$2,852

/mo nomad

🇰🇷 South Korea

$1,543

/mo nomad

😐 Solo nomad: Melbourne is 29.3% more expensive than South Korea without rent, and 84.8% more expensive with rent.

😐 Family of 3: Melbourne is 28.9% more expensive than South Korea without rent, and 66.5% more expensive with rent.

Meal at Budget Restaurant

$17.75 A$25.40

$7.67 ₩10.3K

131.42%

Three-Course Dinner for Two, Mid-Range

$84.8 A$121

$45.23 ₩60.6K

87.55%

Fast Food Meal (McDonalds, etc)

$12.16 A$17.40

$6.43 ₩8,617

89.11%

Cappuccino

$3.93 A$5.62

$3.92 ₩5,254

0.26%

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

$3.14 A$4.49

$1.64 ₩2,194

91.46%

Water (0.33 liter bottle)

$2.43 A$3.47

$0.83 ₩1,115

192.77%

Local Beer (0.5 liter draught)

$9.90 A$14.17

$3.63 ₩4,863

172.73%

Imported Beer (0.33 liter bottle)

$8.29 A$11.86

$4.55 ₩6,098

82.20%

Milk (1 liter)

$1.55 A$2.21

$2.09 ₩2,804

-25.84%

White Bread (500g)

$3.01 A$4.31

$3.02 ₩4,051

-0.33%

Rice (white) (1kg)

$2.88 A$4.12

$3.38 ₩4,534

-14.79%

Eggs

$5.44 A$7.79

$3.22 ₩4,311

68.94%

Local Cheese (1kg)

$10.59 A$15.16

$13.53 ₩18.1K

-21.73%

Chicken Fillets (1kg)

$9.61 A$13.76

$8.81 ₩11.8K

9.08%

Beef Round Steak (1kg)

$14.99 A$21.46

$26.06 ₩34.9K

-42.48%

Apples (1kg)

$4.15 A$5.94

$8.59 ₩11.5K

-51.69%

Banana (1kg)

$3.05 A$4.37

$3.38 ₩4,535

-9.76%

Oranges (1kg)

$3.30 A$4.72

$6.23 ₩8,345

-47.03%

Tomato (1kg)

$4.76 A$6.81

$6.09 ₩8,166

-21.84%

Potato (1kg)

$3.04 A$4.34

$3.97 ₩5,319

-23.43%

Onion (1kg)

$2.55 A$3.65

$2.72 ₩3,645

-6.25%

Lettuce (1 head)

$2.48 A$3.55

$2.60 ₩3,484

-4.62%

Water (1.5 liter bottle)

$1.63 A$2.33

$1.20 ₩1,608

35.83%

Cigarettes 20 Pack (Marlboro, Camel)

$44.07 A$63.1

$3.38 ₩4,531

1203.85%

Wine (Bottle)

$12.43 A$17.79

$15.90 ₩21.3K

-21.82%

Local Beer (0.5 liter bottle)

$5.33 A$7.63

$2.02 ₩2,706

163.86%

Imported Beer (0.33 liter bottle)

$5.16 A$7.38

$2.89 ₩3,866

78.55%

One-way Ticket (Public Transport)

$3.84 A$5.50

$1.14 ₩1,529

236.84%

Public Transport Monthly Pass (Regular Price)

$142 A$203

$46.85 ₩62.8K

202.03%

Taxi Start (Normal Tariff)

$4.40 A$6.29

$3.43 ₩4,599

28.28%

Taxi (Normal Tariff) (1km)

$1.40 A$2.01

$0.64 ₩860

118.75%

Taxi 1hour Waiting (Normal Tariff)

$29.83 A$42.69

$9.10 ₩12.2K

227.80%

Gasoline (1 liter)

$1.46 A$2.09

$1.38 ₩1,852

5.80%

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

$28.1K A$40.3K

$29.8K ₩39.9M

-5.45%

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

$25.9K A$37.1K

$29.9K ₩40.1M

-13.23%

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

$233 A$333

$206 ₩275.7K

13.08%

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

$27.28 A$39.04

$39.21 ₩52.5K

-30.43%

Internet (50+ Mbps, Unlimited Data)

$57.0 A$81.6

$23.22 ₩31.1K

145.65%

Gym Membership (Monthly)

$52.7 A$75.4

$52.8 ₩70.7K

-0.19%

Tennis Court (1 Hour on Weekend)

$22.62 A$32.37

$16.59 ₩22.2K

36.35%

Cinema Ticket

$17.10 A$24.48

$10.99 ₩14.7K

55.60%

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

$2,373 A$3,397

$906 ₩1.2M

161.85%

International Primary School, 1 Child (Yearly)

$30.5K A$43.6K

$23.3K ₩31.2M

30.71%

Jeans (Levis 501 Or Similar)

$78.2 A$112

$56.7 ₩76.0K

37.89%

Summer Dress (H&M, Zara, etc)

$50.5 A$72.2

$43.14 ₩57.8K

16.99%

Sport Shoes (Adidas, Nike)

$121 A$172

$79.5 ₩106.6K

51.56%

Men's Leather Business Shoes

$133 A$191

$96.1 ₩128.8K

38.60%

1-bedroom Apartment, City Center (Monthly)

$1,713 A$2,451

$593 ₩794.3K

188.96%

1-bedroom Apartment, Outside City Center (Monthly)

$1,402 A$2,006

$423 ₩566.8K

231.38%

3-bedroom Apartment, City Center (Monthly)

$3,339 A$4,778

$1,531 ₩2.1M

118.02%

3-bedroom Apartment, Outside City Center (Monthly)

$2,529 A$3,619

$922 ₩1.2M

174.19%

Buy Apartment in City Center (m2)

$7,018 A$10.0K

$16.5K ₩22.1M

-57.39%

Buy Apartment Outside City Center (m2)

$6,767 A$9,685

$8,341 ₩11.2M

-18.87%

Average Monthly Net Salary (After Tax)

$4,228 A$6,051

$2,293 ₩3.1M

84.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

4.23

39.48%

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

Last update for Melbourne: October 6, 2026

Last update for South Korea: October 4, 2026

Monthly budget structure

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

Accommodation & Living

Melbourne

$1.4K 49.3%

South Korea

$423 27.1% 69.8% $979

Groceries & Markets

Melbourne

$385 13.5%

South Korea

$449 28.7% 16.5% $64

Monthly Utilities & Internet

Melbourne

$317 11.1%

South Korea

$268 17.2% 15.4% $49

Eating Out

Melbourne

$314 11%

South Korea

$165 10.6% 47.5% $149

Clothing & Footwear

Melbourne

$172 6.1%

South Korea

$124 7.9% 28% $48

Getting Around

Melbourne

$168 5.9%

South Korea

$58 3.7% 65.5% $110

Sport & Entertainment

Melbourne

$87 3.1%

South Korea

$75 4.8% 14% $12

Good to know

🇦🇺 Melbourne

🇰🇷 South Korea

🕒 Local time

23:36 11:36 PM

21:36 9:36 PM

2 h behind Melbourne

🌤 Weather

👥 Population

5,031,195

51,466,201

💱 Currency

Australian Dollar AUD $

South Korean Won KRW ₩

📈 Exchange rate

1 AUD = 0.699 USD

1 AUD = 0.624 EUR

10,000 KRW = 7.46 USD

10,000 KRW = 6.66 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 10, 2026: 1 USD = 1.43 AUD (1 AUD = 0.699 USD). 1 EUR = 1.6 AUD (1 AUD = 0.624 EUR).

South Korean Won exchange rates as of October 10, 2026: 1 USD = 1,340 KRW (10,000 KRW = 7.46 USD). 1 EUR = 1,502 KRW (10,000 KRW = 6.66 EUR).

USD to AUD in detail →

On the map

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Between locations

Melbourne South Korea 8,580 km ≈ 11 h nonstop flight

From you

Melbourne
South Korea

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.

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