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Calculate Your Finances in Melbourne

Enter your gross monthly salary to see net pay, affordable neighborhoods, and savings

AUD

Free calculator with 2026 tax rates. No data stored.

Cost of Living in Melbourne, Australia

Cultural capital. Arts, coffee culture, major tech scene. Often ranked most liveable.

Currency
AUD ($)
English Level
Excellent
Healthcare
Public (Medicare)

Rental Prices in Melbourne

1-Bedroom Apartment
$1,800 - $2,800
per month
2-Bedroom Apartment
$2,200 - $3,500
per month

* Prices shown are second-hand rental market rates, typical for expats.9 neighborhoods tracked. Source: Official government housing statistics.

Monthly Living Costs

Groceries
$630
Transport
$200
Utilities
$347
Dining Out
$340

Utility costs based on Eurostat Energy Statistics.

Popular Neighborhoods

CBD Melbourne
Melbourne's vibrant center. Hidden laneways, world-class coffee culture, and the arts precinct.
0 min walk•$2,400+/mo
Fitzroy
Melbourne's original hipster neighborhood. Street art, vintage stores, and the famous Brunswick Street bar scene.
10 min tram•$2,200+/mo
St Kilda
Beachside entertainment hub. Luna Park, Acland Street cakes, and sunset views from the pier.
20 min tram•$2,100+/mo
South Yarra
Upscale inner suburb. Chapel Street shopping, Royal Botanic Gardens, and trendy brunch spots.
10 min metro•$2,300+/mo
Brunswick
Multicultural inner north. Sydney Road diversity, live music venues, and affordable creative spaces.
15 min tram•$2,000+/mo
Richmond
Inner east hub with Bridge Road shopping and Vietnamese eateries on Victoria Street. MCG adjacent, great for sports fans.
10 min tram•$2,100+/mo

Work Visa

Skilled Worker visa (subclass 482). Points-tested visas (189, 190). Employer sponsorship required for most.

Processing: 3-12 months depending on visa type

Relocation Costs

Usually 4 weeks bond + 2 weeks rent upfront. No agent fees for tenants. Competitive markets in Sydney/Melbourne.

Typical deposit: 4 months rent

Enter your salary above to see a personalized breakdown of your finances in Melbourne

Our calculator shows net income after taxes, affordable neighborhoods, and savings potential

Data last updated: January 2026•View methodology

Guides for Melbourne

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Frequently Asked Questions about Melbourne