Cost of Living Comparison Between Penrith and Melbourne Cost of Living Comparison Between Penrith and Melbourne

Monthly Cost of Living

Monthly costs for one person with rent: $2,196 in Penrith versus $2,420 in Melbourne.

Estimated couple costs with rent: $3,214 in Penrith versus $3,592 in Melbourne.

Monthly costs for a family of three with rent: $4,232 in Penrith versus $4,765 in Melbourne.

Living in Penrith costs roughly 9% less than in Melbourne, driven mainly by Eating Out.

Both cities are pricier than the global median: Penrith 64% above, Melbourne 81% above.

Meal at Budget Restaurant

$10.86 A$15.54

$19.36 A$27.71

-43.90%

Three-Course Dinner for Two, Mid-Range

$87.4 A$125

$77.5 A$111

12.80%

Fast Food Meal (McDonalds, etc)

$9.71 A$13.90

$9.85 A$14.10

-1.42%

Cappuccino

$2.54 A$3.64

$3.73 A$5.33

-31.90%

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

$2.59 A$3.71

$2.62 A$3.75

-1.15%

Water (0.33 liter bottle)

$2.34 A$3.35

$2.28 A$3.27

2.63%

Local Beer (0.5 liter draught)

$6.52 A$9.34

$7.36 A$10.53

-11.41%

Imported Beer (0.33 liter bottle)

$4.57 A$6.54

$6.94 A$9.93

-34.15%

Milk (1 liter)

$1.37 A$1.96

$1.50 A$2.14

-8.67%

White Bread (500g)

$2.22 A$3.17

$2.58 A$3.69

-13.95%

Rice (white) (1kg)

$0.88 A$1.26

$2.34 A$3.35

-62.39%

Eggs

$3.35 A$4.79

$4.85 A$6.95

-30.93%

Local Cheese (1kg)

$9.85 A$14.10

$8.72 A$12.49

12.96%

Chicken Fillets (1kg)

$8.28 A$11.86

$9.26 A$13.26

-10.58%

Beef Round Steak (1kg)

$14.46 A$20.70

$14.58 A$20.88

-0.82%

Apples (1kg)

$2.33 A$3.34

$3.32 A$4.75

-29.82%

Banana (1kg)

$2.95 A$4.22

$2.81 A$4.03

4.98%

Oranges (1kg)

$2.98 A$4.27

$3.00 A$4.30

-0.67%

Tomato (1kg)

$4.79 A$6.86

$3.98 A$5.70

20.35%

Potato (1kg)

$2.32 A$3.32

$2.67 A$3.82

-13.11%

Onion (1kg)

$1.93 A$2.76

$2.23 A$3.20

-13.45%

Lettuce (1 head)

$2.35 A$3.37

$2.19 A$3.14

7.31%

Water (1.5 liter bottle)

$0.74 A$1.06

$1.64 A$2.35

-54.88%

Cigarettes 20 Pack (Marlboro, Camel)

$30.46 A$43.62

$31.95 A$45.74

-4.66%

Wine (Bottle)

$14.58 A$20.87

$13.92 A$19.93

4.74%

Local Beer (0.5 liter bottle)

$4.99 A$7.14

$4.67 A$6.69

6.85%

Imported Beer (0.33 liter bottle)

$5.81 A$8.32

$5.04 A$7.21

15.28%

One-way Ticket (Public Transport)

$2.62 A$3.75

$3.50 A$5.01

-25.14%

Public Transport Monthly Pass (Regular Price)

$64.3 A$92.0

$121 A$173

-46.71%

Taxi Start (Normal Tariff)

$4.11 A$5.88

$3.56 A$5.10

15.45%

Taxi (Normal Tariff) (1km)

$1.80 A$2.58

$1.40 A$2.01

28.57%

Taxi 1hour Waiting (Normal Tariff)

$41.08 A$58.8

$27.50 A$39.37

49.38%

Gasoline (1 liter)

$1.15 A$1.65

$1.15 A$1.64

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

$29.0K A$41.6K

$29.2K A$41.8K

-0.49%

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

$22.6K A$32.3K

$23.0K A$32.9K

-1.75%

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

$160 A$229

$154 A$220

4.08%

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

$29.40 A$42.10

$20.93 A$29.97

40.47%

Internet (50+ Mbps, Unlimited Data)

$52.4 A$75.0

$51.4 A$73.7

1.77%

Gym Membership (Monthly)

$48.06 A$68.8

$48.89 A$70.0

-1.70%

Tennis Court (1 Hour on Weekend)

$15.79 A$22.61

$16.24 A$23.25

-2.77%

Cinema Ticket

$13.49 A$19.31

$15.97 A$22.87

-15.53%

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

$1,780 A$2,548

$1,765 A$2,527

0.83%

International Primary School, 1 Child (Yearly)

$13.3K A$19.1K

$19.5K A$27.9K

-31.77%

Jeans (Levis 501 Or Similar)

$71.8 A$103

$67.0 A$96.0

7.16%

Summer Dress (H&M, Zara, etc)

$57.0 A$81.7

$54.5 A$78.0

4.76%

Sport Shoes (Adidas, Nike)

$98.5 A$141

$106 A$151

-6.86%

Men's Leather Business Shoes

$115 A$165

$104 A$148

11.37%

1-bedroom Apartment, City Center (Monthly)

$1,117 A$1,600

$1,575 A$2,255

-29.07%

1-bedroom Apartment, Outside City Center (Monthly)

$1,068 A$1,529

$1,206 A$1,726

-11.45%

3-bedroom Apartment, City Center (Monthly)

$2,003 A$2,868

$3,041 A$4,354

-34.13%

3-bedroom Apartment, Outside City Center (Monthly)

$1,696 A$2,429

$2,022 A$2,895

-16.09%

Buy Apartment in City Center (m2)

$6,908 A$9,890

$7,077 A$10.1K

-2.39%

Buy Apartment Outside City Center (m2)

$4,569 A$6,541

$6,420 A$9,192

-28.83%

Average Monthly Net Salary (After Tax)

$4,398 A$6,297

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 Penrith: July 12, 2026

Last update for Melbourne: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,117 in Penrith and $1,575 in Melbourne. Housing cost is often the main lever when comparing two cities.

Dining out: $87.0 in Penrith vs $77.0 in Melbourne. Groceries flip the comparison at $327 vs $353, with Penrith cheaper for home cooking.

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

Penrith vs Melbourne: Cost of Living - Frequently Asked Questions

Penrith and Melbourne differ by about 10% in total monthly costs ($2,196 vs $2,420 including rent). Penrith is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,294 in Penrith and $3,630 in Melbourne to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,117 in Penrith versus $1,575 in Melbourne. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,780 in Penrith versus $1,765 in Melbourne. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 8% higher in Melbourne. For households that cook at home regularly, that difference adds up over a month.

At $2,196 in Penrith versus $2,420 in Melbourne, a $2,000 budget is realistic in Penrith but tight or insufficient in Melbourne. The gap between the two cities makes Penrith 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, Penrith 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 Penrith gentler on the wallet – expenses run 10% less than in Melbourne. Beyond cost, consider language, visa policies, and how big the international community is in each city.