Cost of Living Comparison Between Sydney and Melbourne
For one person, living is cheaper in Melbourne: $2,849 a month against $3,267 in Sydney, rent and utilities included – about $5,000 less a year. Rent and utilities account for most of the difference.
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Sydney Living Index157Cost of Living Index in SydneyLearn more -
Melbourne Living Index137Cost of Living Index in MelbourneLearn more
How much you'll spend in Sydney and in Melbourne
Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Sydney and in Melbourne actually costs, broken down by who's living it.
Monthly costs for one person with rent: $3,267 in Sydney versus $2,849 in Melbourne.
- Sydney $3,267
- Melbourne $2,849
Estimated couple costs with rent: $4,847 in Sydney versus $4,274 in Melbourne.
- Sydney $4,847
- Melbourne $4,274
Monthly costs for a family of three with rent: $6,428 in Sydney versus $5,699 in Melbourne.
- Sydney $6,428
- Melbourne $5,699
Living in Sydney is roughly 15% more expensive than in Melbourne, and outside of rent the biggest gap is in leisure.
Both cities are pricier than the global median: Sydney 140% above, Melbourne 109% above.
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Sydney: October 24, 2026
Last update for Melbourne: October 26, 2026
Cost Breakdown
A one-bedroom apartment in the center runs $2,566 in Sydney and $1,703 in Melbourne. Housing cost is often the main lever when comparing two cities.
Melbourne pays 3% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.
Dining out: $90 in Sydney vs $84 in Melbourne. Groceries flip the comparison at $382 vs $386, with Sydney cheaper for home cooking.
- Sydney Melbourne 710 km ≈ 1 h 30 min nonstop flight
- Sydney
- Melbourne
Distances are measured in a straight line. Your location is detected approximately.
City Median Internet Speeds Comparison (Updated April 2026)
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