SavingsMate

Cost of Living: Melbourne vs Perth (2026)

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

The Verdict

Melbourne is $136/year cheaper than Perth. You need to earn approximately $0 less per year to maintain the same lifestyle in Melbourne compared to Perth.

Side-by-Side Cost Comparison

CategoryMelbournePerthWinner
Rent (1br/week)$520$530Melbourne
Rent (2br/week)$680$700Melbourne
Groceries/week$125$125Tie
Utilities/month$260$250Perth
Transport/month$195$175Perth
Internet & Phone/month$110$108Perth
Petrol/litre$1.98$1.92Perth
Median house price$1,050,000$780,000Perth
Median unit price$620,000$470,000Perth
Cost of living index8985Perth

How Much More Do You Need to Earn?

Salary needed in Melbourne$69,000/year
Salary needed in Perth$69,000/year
Difference-$0/year
After-tax income difference$1,000/year

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

Which City is Cheaper — Category by Category

Rent (1br/week)Melbourne ($10 cheaper)
Rent (2br/week)Melbourne ($20 cheaper)
Groceries/weekTie
Utilities/monthPerth ($10 cheaper)
Transport/monthPerth ($20 cheaper)
Internet & Phone/monthPerth ($2 cheaper)

Net Difference in Annual Costs

Annual cost in Melbourne$40,320
Annual cost in Perth$40,456
Net difference$136/year

Living in Melbourne saves you $136 per year compared to Perth. That is $11/month or $3/week.

Frequently Asked Questions

Is Melbourne or Perth cheaper to live in?

Melbourne is cheaper to live in than Perth by approximately $136 per year. Melbourne has a cost of living index of 89 compared to 85 for Perth (Sydney = 100).

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

You need to earn approximately $0 more per year (pre-tax) to maintain the same standard of living in Perth compared to Melbourne.

Is rent cheaper in Melbourne or Perth?

A 1-bedroom apartment costs $520/week in Melbourne and $530/week in Perth. Melbourne is cheaper for rent by $10/week.

Are groceries more expensive in Melbourne or Perth?

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

Which city has cheaper property — Melbourne or Perth?

The median house price in Melbourne is $1,050,000 compared to $780,000 in Perth. Perth has cheaper property.

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