Last update: Oct 2026

Cost of Living Comparison Between Melbourne and Yeosu

For one person, living is cheaper in Yeosu: $1,432 a month against $2,821 in Melbourne, rent and utilities included – about $16,700 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
70

Cost of Living Index in Yeosu
Learn more

Yeosu Living Index

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Melbourne

🇦🇺 Australia

$2,821

/mo nomad

Yeosu

🇰🇷 South Korea

$1,432

/mo nomad

Monthly Cost of Living

How much you'll spend in Melbourne and in Yeosu

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 Yeosu actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,821 in Melbourne versus $1,432 in Yeosu.

Melbourne $2,821
Yeosu $1,432

Estimated couple costs with rent: $4,235 in Melbourne versus $2,251 in Yeosu.

Melbourne $4,235
Yeosu $2,251

Monthly costs for a family of three with rent: $5,650 in Melbourne versus $3,070 in Yeosu.

Melbourne $5,650
Yeosu $3,070

Living in Melbourne is roughly 97% more expensive than in Yeosu, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Melbourne 109% above, Yeosu 6% above.

Meal at Budget Restaurant

$17.43 A$25.08

$5.70 ₩7,577

205.79%

Three-Course Dinner for Two, Mid-Range

$84.6 A$122

$37.34 ₩49.7K

126.43%

Fast Food Meal (McDonalds, etc)

$12.46 A$17.92

$5.80 ₩7,711

114.83%

Cappuccino

$4.11 A$5.91

$3.73 ₩4,960

10.19%

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

$3.06 A$4.40

$1.30 ₩1,734

135.38%

Water (0.33 liter bottle)

$2.52 A$3.62

$0.74 ₩979

240.54%

Local Beer (0.5 liter draught)

$9.80 A$14.10

$3.81 ₩5,071

157.22%

Imported Beer (0.33 liter bottle)

$8.57 A$12.33

$4.20 ₩5,583

104.05%

Milk (1 liter)

$1.48 A$2.14

$2.05 ₩2,724

-27.80%

White Bread (500g)

$2.94 A$4.23

$2.99 ₩3,978

-1.67%

Rice (white) (1kg)

$2.66 A$3.82

$3.05 ₩4,052

-12.79%

Eggs

$5.54 A$7.97

$2.71 ₩3,606

104.43%

Local Cheese (1kg)

$10.51 A$15.13

$11.11 ₩14.8K

-5.40%

Chicken Fillets (1kg)

$9.65 A$13.89

$10.52 ₩14.0K

-8.27%

Beef Round Steak (1kg)

$15.22 A$21.91

$24.57 ₩32.7K

-38.05%

Apples (1kg)

$3.99 A$5.75

$7.34 ₩9,759

-45.64%

Banana (1kg)

$3.02 A$4.34

$3.61 ₩4,801

-16.34%

Oranges (1kg)

$3.10 A$4.46

$7.57 ₩10.1K

-59.05%

Tomato (1kg)

$4.82 A$6.93

$5.85 ₩7,778

-17.61%

Potato (1kg)

$3.03 A$4.36

$3.83 ₩5,095

-20.89%

Onion (1kg)

$2.44 A$3.52

$3.28 ₩4,364

-25.61%

Lettuce (1 head)

$2.46 A$3.54

$2.20 ₩2,920

11.82%

Water (1.5 liter bottle)

$1.63 A$2.34

$1.11 ₩1,470

46.85%

Cigarettes 20 Pack (Marlboro, Camel)

$44.07 A$63.4

$3.39 ₩4,505

1200.00%

Wine (Bottle)

$12.70 A$18.28

$14.77 ₩19.6K

-14.01%

Local Beer (0.5 liter bottle)

$5.54 A$7.97

$2.22 ₩2,955

149.55%

Imported Beer (0.33 liter bottle)

$5.23 A$7.52

$2.27 ₩3,018

130.40%

One-way Ticket (Public Transport)

$3.74 A$5.38

$1.11 ₩1,472

236.94%

Public Transport Monthly Pass (Regular Price)

$138 A$198

$41.79 ₩55.6K

229.07%

Taxi Start (Normal Tariff)

$4.51 A$6.50

$2.85 ₩3,790

58.25%

Taxi (Normal Tariff) (1km)

$1.36 A$1.96

$0.78 ₩1,039

74.36%

Taxi 1hour Waiting (Normal Tariff)

$30.45 A$43.81

$9.88 ₩13.1K

208.20%

Gasoline (1 liter)

$1.47 A$2.12

$1.15 ₩1,531

27.83%

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

$29.0K A$41.7K

$28.8K ₩38.3M

0.66%

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

$26.5K A$38.1K

$27.4K ₩36.4M

-3.34%

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

$234 A$336

$187 ₩248.1K

25.24%

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

$27.93 A$40.19

$37.11 ₩49.3K

-24.74%

Internet (50+ Mbps, Unlimited Data)

$55.7 A$80.2

$22.56 ₩30.0K

147.07%

Gym Membership (Monthly)

$49.40 A$71.1

$51.3 ₩68.1K

-3.61%

Tennis Court (1 Hour on Weekend)

$21.48 A$30.91

$12.15 ₩16.2K

76.79%

Cinema Ticket

$15.09 A$21.72

$10.42 ₩13.8K

44.82%

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

$2,371 A$3,412

$368 ₩489.6K

543.96%

International Primary School, 1 Child (Yearly)

$30.2K A$43.5K

$19.0K ₩25.2M

59.08%

Jeans (Levis 501 Or Similar)

$80.0 A$115

$56.3 ₩74.9K

41.99%

Summer Dress (H&M, Zara, etc)

$50.7 A$73.0

$37.74 ₩50.2K

34.34%

Sport Shoes (Adidas, Nike)

$121 A$174

$74.2 ₩98.7K

62.55%

Men's Leather Business Shoes

$130 A$188

$111 ₩147.2K

17.80%

1-bedroom Apartment, City Center (Monthly)

$1,759 A$2,531

$482 ₩640.4K

265.17%

1-bedroom Apartment, Outside City Center (Monthly)

$1,390 A$2,000

$356 ₩472.9K

290.73%

3-bedroom Apartment, City Center (Monthly)

$3,494 A$5,027

$1,148 ₩1.5M

204.35%

3-bedroom Apartment, Outside City Center (Monthly)

$2,493 A$3,588

$750 ₩996.5K

232.64%

Buy Apartment in City Center (m2)

$6,926 A$9,967

$7,212 ₩9.6M

-3.97%

Buy Apartment Outside City Center (m2)

$6,445 A$9,274

$5,542 ₩7.4M

16.28%

Average Monthly Net Salary (After Tax)

$4,383 A$6,307

$2,150 ₩2.9M

103.83%

20-Year Fixed Mortgage Interest Rate (Annual %)

5.9

47.50%

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

Last update for Melbourne: October 10, 2026

Last update for Yeosu: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Melbourne

$1.4K 49.3%

Yeosu

$356 24.8% 74.4% $1K

Groceries & Markets

Melbourne

$384 13.6%

Yeosu

$436 30.5% 13.6% $52

Monthly Utilities & Internet

Melbourne

$317 11.3%

Yeosu

$246 17.2% 22.4% $71

Eating Out

Melbourne

$315 11.2%

Yeosu

$143 10% 54.4% $171

Clothing & Footwear

Melbourne

$172 6.1%

Yeosu

$126 8.8% 26.9% $46

Getting Around

Melbourne

$164 5.8%

Yeosu

$53 3.7% 67.7% $111

Sport & Entertainment

Melbourne

$80 2.8%

Yeosu

$72 5% 9.4% $7.5

Cost Breakdown

A one-bedroom apartment in the center runs $1,759 in Melbourne and $482 in Yeosu. Housing cost is often the main lever when comparing two cities.

Melbourne pays 104% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Melbourne vs $37.00 in Yeosu. Groceries flip the comparison at $384 vs $436, with Melbourne cheaper for home cooking.

Good to know

🇦🇺 Melbourne

🇰🇷 Yeosu

🕒 Local time

07:03 7:03 AM

05:03 5:03 AM

2 h behind Melbourne

🌤 Weather

👥 Population

5,031,195

288,988

💱 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 Yeosu 8,260 km ≈ 11 h nonstop flight

From you

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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 Yeosu: Cost of Living - Frequently Asked Questions

Melbourne and Yeosu differ by about 97% in total monthly costs ($2,821 vs $1,432 including rent). Yeosu is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 104% higher in Melbourne, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,759 in Melbourne versus $482 in Yeosu. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,371 in Melbourne versus $368 in Yeosu. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Melbourne pay roughly 14% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,432 in Yeosu versus $2,821 in Melbourne, a $1,500 budget is realistic in Yeosu but tight or insufficient in Melbourne. The gap between the two cities makes Yeosu the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Melbourne and Yeosu are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Yeosu gentler on the wallet – expenses run 97% less than in Melbourne. Beyond cost, consider language, visa policies, and how big the international community is in each city.