Cost of Living Comparison Between Mount Victoria and Melbourne Cost of Living Comparison Between Mount Victoria and Melbourne

Monthly Cost of Living

Monthly costs for one person with rent: $2,294 in Mount Victoria versus $2,416 in Melbourne.

Estimated couple costs with rent: $3,378 in Mount Victoria versus $3,579 in Melbourne.

Monthly costs for a family of three with rent: $4,461 in Mount Victoria versus $4,742 in Melbourne.

Living in Mount Victoria costs roughly 5% less than in Melbourne, driven mainly by Getting Around.

Both cities are pricier than the global median: Mount Victoria 71% above, Melbourne 80% above.

Meal at Budget Restaurant

$16.38 A$22.83

$19.75 A$27.52

-17.06%

Three-Course Dinner for Two, Mid-Range

$88.7 A$124

$78.7 A$110

12.80%

Fast Food Meal (McDonalds, etc)

$9.74 A$13.57

$9.70 A$13.52

0.41%

Cappuccino

$3.44 A$4.79

$3.66 A$5.11

-6.01%

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

$2.59 A$3.61

$2.60 A$3.63

-0.38%

Water (0.33 liter bottle)

$2.30 A$3.21

$2.34 A$3.26

-1.71%

Local Beer (0.5 liter draught)

$6.34 A$8.84

$7.17 A$10.00

-11.58%

Imported Beer (0.33 liter bottle)

$7.27 A$10.13

$6.99 A$9.73

4.01%

Milk (1 liter)

$1.41 A$1.96

$1.45 A$2.02

-2.76%

White Bread (500g)

$2.67 A$3.72

$2.66 A$3.71

0.38%

Rice (white) (1kg)

$1.79 A$2.50

$2.34 A$3.26

-23.50%

Eggs

$4.04 A$5.62

$4.80 A$6.69

-15.83%

Local Cheese (1kg)

$9.72 A$13.54

$8.77 A$12.21

10.83%

Chicken Fillets (1kg)

$8.96 A$12.49

$9.44 A$13.15

-5.08%

Beef Round Steak (1kg)

$14.75 A$20.56

$14.42 A$20.09

2.29%

Apples (1kg)

$3.31 A$4.62

$3.33 A$4.64

-0.60%

Banana (1kg)

$2.86 A$3.98

$2.77 A$3.87

3.25%

Oranges (1kg)

$3.12 A$4.34

$3.00 A$4.18

4.00%

Tomato (1kg)

$4.63 A$6.46

$3.95 A$5.50

17.22%

Potato (1kg)

$2.32 A$3.23

$2.68 A$3.73

-13.43%

Onion (1kg)

$2.08 A$2.89

$2.36 A$3.28

-11.86%

Lettuce (1 head)

$2.48 A$3.45

$2.14 A$2.98

15.89%

Water (1.5 liter bottle)

$1.35 A$1.88

$1.63 A$2.27

-17.18%

Cigarettes 20 Pack (Marlboro, Camel)

$31.33 A$43.66

$32.44 A$45.21

-3.42%

Wine (Bottle)

$14.92 A$20.79

$14.11 A$19.66

5.74%

Local Beer (0.5 liter bottle)

$5.16 A$7.19

$4.64 A$6.47

11.21%

Imported Beer (0.33 liter bottle)

$6.12 A$8.53

$5.04 A$7.02

21.43%

One-way Ticket (Public Transport)

$2.63 A$3.66

$3.49 A$4.87

-24.64%

Public Transport Monthly Pass (Regular Price)

$65.8 A$91.6

$120 A$167

-45.17%

Taxi Start (Normal Tariff)

$3.95 A$5.50

$3.50 A$4.88

12.86%

Taxi (Normal Tariff) (1km)

$1.75 A$2.44

$1.35 A$1.87

29.63%

Taxi 1hour Waiting (Normal Tariff)

$40.59 A$56.6

$26.94 A$37.55

50.67%

Gasoline (1 liter)

$1.18 A$1.64

$1.19 A$1.66

-0.84%

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

$29.3K A$40.9K

$29.4K A$41.0K

-0.26%

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

$22.9K A$31.9K

$23.6K A$32.9K

-2.99%

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

$221 A$307

$150 A$209

47.12%

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

$29.12 A$40.58

$21.16 A$29.49

37.62%

Internet (50+ Mbps, Unlimited Data)

$51.6 A$71.8

$50.3 A$70.1

2.51%

Gym Membership (Monthly)

$47.80 A$66.6

$49.14 A$68.5

-2.73%

Tennis Court (1 Hour on Weekend)

$15.58 A$21.71

$16.37 A$22.82

-4.83%

Cinema Ticket

$13.73 A$19.13

$16.43 A$22.90

-16.43%

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

$1,725 A$2,404

$1,764 A$2,458

-2.20%

International Primary School, 1 Child (Yearly)

$13.3K A$18.5K

$19.2K A$26.7K

-30.73%

Jeans (Levis 501 Or Similar)

$72.5 A$101

$68.3 A$95.2

6.09%

Summer Dress (H&M, Zara, etc)

$56.3 A$78.4

$53.3 A$74.3

5.61%

Sport Shoes (Adidas, Nike)

$99.3 A$138

$106 A$148

-6.61%

Men's Leather Business Shoes

$115 A$160

$105 A$146

9.98%

1-bedroom Apartment, City Center (Monthly)

$1,271 A$1,771

$1,572 A$2,191

-19.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,076 A$1,499

$1,195 A$1,665

-9.93%

3-bedroom Apartment, City Center (Monthly)

$1,996 A$2,782

$3,048 A$4,247

-34.50%

3-bedroom Apartment, Outside City Center (Monthly)

$1,662 A$2,316

$1,990 A$2,772

-16.45%

Buy Apartment in City Center (m2)

$5,328 A$7,425

$7,387 A$10.3K

-27.87%

Buy Apartment Outside City Center (m2)

$5,726 A$7,979

$6,527 A$9,095

-12.28%

Average Monthly Net Salary (After Tax)

$4,286 A$5,972

$4,512 A$6,288

-5.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.29

6.19

1.62%

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

Last update for Mount Victoria: June 2, 2026

Last update for Melbourne: May 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,271 in Mount Victoria and $1,572 in Melbourne. Housing cost is often the main lever when comparing two cities.

Melbourne pays 5% 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: $89.0 in Mount Victoria vs $79.0 in Melbourne for a mid-range dinner for two. Groceries echo the gap at $357 vs $354 per month, with Melbourne cheaper across the board.

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

Mount Victoria vs Melbourne: Cost of Living - Frequently Asked Questions

Mount Victoria and Melbourne differ by about 5% in total monthly costs ($2,294 vs $2,416 including rent). Mount Victoria is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Melbourne earns 5% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,271 in Mount Victoria versus $1,572 in Melbourne. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,725 in Mount Victoria versus $1,764 in Melbourne. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Melbourne pay roughly 1% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,294 in Mount Victoria versus $2,416 in Melbourne, a $2,500 budget is realistic in Mount Victoria but tight or insufficient in Melbourne. The gap between the two cities makes Mount Victoria 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, Mount Victoria and Melbourne 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 Mount Victoria gentler on the wallet – expenses run 5% less than in Melbourne. Beyond cost, consider language, visa policies, and how big the international community is in each city.