LifeCost Blog
Melbourne

Melbourne

Australia

Updated on August 27, 2025

Overview

Melbourne offers diverse housing with moderate to high rents depending on area. The job market is strong in finance, education, healthcare, and tech. Public transport includes trains, trams, and buses, with good coverage but some delays. Healthcare is high quality and accessible. The climate is temperate with variable weather. Safety is generally good. The city is culturally vibrant and walkable with many parks. Cost of living is high but balanced by salaries and services.

Average cost of living€1,742.98
Quality of Life91/100

Accommodation

Rent room (flat-share)€480.00
1-bed flat (center)€1,342.00
1-bed flat (outside)€1,048.00
3-bed flat (center)€2,553.00
3-bed flat (outside)€1,715.00

Utilities

Basic utilities€131.64
Internet€43.58
Mobile plan€18.30

Transportation

One-way ticket€3.07
Monthly pass€104.50
Taxi start€3.07
Gasoline (1 l)€0.99

Leisure

Cinema ticket€13.93
Fitness club€43.37

Education

Preschool (month)€1,523.00
Intl. primary (year)€17,217.00

Buying House

sqm in city center€6,026.00
sqm outside center€4,998.00

Advantages

  • Strong job market in multiple sectors
  • High-quality healthcare
  • Good public transport network
  • Culturally vibrant and walkable
  • Generally safe

Disadvantages

  • × High housing costs
  • × Cost of living is high
  • × Variable weather can be unpredictable
  • × Public transport delays
  • × Competitive rental market