SavingsMate

Cost of Living: Geelong vs Melbourne (2026)

Side-by-side comparison of living costs between Geelong and Melbourne, Australia.

The Verdict

Geelong is $7,300/year cheaper than Melbourne. You need to earn approximately $12,000 less per year to maintain the same lifestyle in Geelong compared to Melbourne.

Side-by-Side Cost Comparison

CategoryGeelongMelbourneWinner
Rent (1br/week)$400$520Geelong
Rent (2br/week)$510$680Geelong
Groceries/week$115$125Geelong
Utilities/month$245$260Geelong
Transport/month$170$195Geelong
Internet & Phone/month$105$110Geelong
Petrol/litre$1.95$1.98Geelong
Median house price$750,000$1,050,000Geelong
Median unit price$520,000$620,000Geelong
Cost of living index7889Geelong

How Much More Do You Need to Earn?

Salary needed in Geelong$57,000/year
Salary needed in Melbourne$69,000/year
Difference-$12,000/year
After-tax income difference$8,000/year

Check exactly what you take home with our take-home pay calculator.

Which City is Cheaper — Category by Category

Rent (1br/week)Geelong ($120 cheaper)
Rent (2br/week)Geelong ($170 cheaper)
Groceries/weekGeelong ($10 cheaper)
Utilities/monthGeelong ($15 cheaper)
Transport/monthGeelong ($25 cheaper)
Internet & Phone/monthGeelong ($5 cheaper)

Net Difference in Annual Costs

Annual cost in Geelong$33,020
Annual cost in Melbourne$40,320
Net difference$7,300/year

Living in Geelong saves you $7,300 per year compared to Melbourne. That is $608/month or $140/week.

Frequently Asked Questions

Is Geelong or Melbourne cheaper to live in?

Geelong is cheaper to live in than Melbourne by approximately $7,300 per year. Geelong has a cost of living index of 78 compared to 89 for Melbourne (Sydney = 100).

How much more do you need to earn in Melbourne compared to Geelong?

You need to earn approximately $12,000 more per year (pre-tax) to maintain the same standard of living in Melbourne compared to Geelong.

Is rent cheaper in Geelong or Melbourne?

A 1-bedroom apartment costs $400/week in Geelong and $520/week in Melbourne. Geelong is cheaper for rent by $120/week.

Are groceries more expensive in Geelong or Melbourne?

Weekly groceries for a single person cost $115 in Geelong and $125 in Melbourne. Geelong is cheaper for groceries.

Which city has cheaper property — Geelong or Melbourne?

The median house price in Geelong is $750,000 compared to $1,050,000 in Melbourne. Geelong has cheaper property.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.