City comparison

Sydney vs Melbourne Cost of Living

medium confidence Updated 2026-05-25 same-currency calculator

Based on current benchmark indexes, Melbourne is estimated to be 1.3% less expensive than Sydney overall. Rent differs by -26.7%.

Overall cost shift -1.3% Sydney to Melbourne
Rent shift -26.7% Index comparison
Equivalent income 4,936 5,000 in Sydney
Rent pressure Sydney Sydney has the higher rent pressure signal.

Move planning summary

If your monthly income is 5,000 in Sydney, the comparable income signal for Melbourne is about 4,936 before exchange-rate and tax differences.

Transport changes by -22.5% and utilities change by -2.2% based on the current benchmarks. Treat these as planning signals, then verify neighborhood-level rent and local transit passes.

Run your own numbers
Sydney 1BR rent A$2,900 Bamboo Routes / Domain and NSW bond data
Melbourne 1BR rent A$2,230 Bamboo Routes / Homes Victoria, Domain and PropTrack
Sydney transport A$200 Transport NSW Opal weekly cap
Melbourne transport A$155 Transport Victoria myki pass fare

Cost comparison table

CategorySydneyMelbourne
Cost index78.177.1
Rent index56.141.1
Groceries index85.689
Restaurant index68.370.2
1BR rentA$2,900A$2,230
Monthly transportA$200A$155
Monthly utilitiesA$230A$225

Data quality

Both cities are currently marked medium confidence. The index data is suitable for early comparison, while absolute rent and utility values should be treated as planning benchmarks.

FAQ

Is Melbourne more expensive than Sydney?

In this sample, Melbourne is 1.3% less expensive than Sydney by overall cost index.

How much income would I need in Melbourne?

As a simple index-based example, 5,000 in Sydney maps to about 4,936 in Melbourne, before exchange rates and taxes.

Does this comparison convert currencies?

No. The calculator keeps your own inputs in one currency and applies relative cost indexes. Currency conversion is a future feature.

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