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Cost of Living in Melbourne in 2025: Breakdown of Rent, Groceries, Transportation, & More

Discover the cost of living in Melbourne in 2025, one of Australia's most dynamic cities, with moderate to high monthly expenses. From housing to transport, understanding these costs can help you budget more effectively.

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Frequently Asked Questions

What is a comfortable salary to live in Australia?

An individual now needs an annual salary exceeding $90,000 to maintain an above-average standard of living in Melbourne, Australia.

Is Melbourne expensive or Sydney?

Recent findings from Finder reveal that Sydney is 22% more costly to reside in compared to Melbourne. Housing supply challenges are identified as a significant contributor to the inflated prices in Sydney.

How much tax do you pay in Australia?

Below is the breakdown of Australian residents' tax rates for the year 2024-25

​ - $18,200–$45,000 - 16%
​ - $45,000–$135,000 - 30%
​ - $135,000-$190,000 - 37%

Why are apartments in Melbourne so cheap?

Melbourne has seen a greater commitment to apartment development, especially in the inner city, resulting in lower prices compared to Sydney.

Is it worth buying a 1 bedroom apartment in Melbourne?

Yes, One-bedroom units can provide excellent returns on investment, particularly in cities such as Sydney and Melbourne.
Jemima Sultana

Jemima Sultana

Content Writer

Jemima Sultana is a skilled content writer crafting engaging, SEO-driven content. She has a keen eye for detail and a passion for storytelling that resonates with readers. When not writing, Jemima enjoys watching movies and listening to music.

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