Skip to main content

Search Calculators

Search for a calculator to use

City Comparison

London is 8% more expensive

The Verdict

Living in London is 8% more expensive than Melbourne.
If you move from London to Melbourne, you will pay less for housing and less for daily groceries. To maintain the same standard of life as a £40,000 salary in London, you would need to earn about £36,800 in Melbourne.

London Wins
0

of 6 categories

Tied
0

categories

Melbourne Wins
6

of 6 categories

Category Breakdown

Compare costs across 6 key categories

Overall Cost
100
London
vs
92
Melbourne
Melbourne is 8 pts cheaper
Rent
100
London
vs
95
Melbourne
Melbourne is 5 pts cheaper
Groceries
100
London
vs
92
Melbourne
Melbourne is 8 pts cheaper
Restaurants
100
London
vs
88
Melbourne
Melbourne is 12 pts cheaper
Transport
100
London
vs
85
Melbourne
Melbourne is 15 pts cheaper
Utilities
100
London
vs
95
Melbourne
Melbourne is 5 pts cheaper

City Profiles

What makes each city unique

LondonUnited Kingdom
London is one of the world's most expensive cities, offering unparalleled career opportunities and a cosmopolitan lifestyle.

Why people love London:

Global financial hubWorld-class transportDiverse cultureHigh salaries
Population
8,982,000
Avg. Salary
£3,800/mo
MelbourneAustralia
Melbourne is Australia's cultural capital with excellent coffee scene.

Why people love Melbourne:

Cultural capitalCoffee cultureArts sceneSports hub
Population
5,078,193
Avg. Salary
£3,120/mo

Real Monthly Costs

Estimated costs based on London baseline prices

ExpenseLondonMelbourneSavings
1-bed apartment (city centre)£2,000£1,900£-100
Monthly groceries£350£322£-28
Dining out (10 meals)£250£220£-30
Public transport pass£160£136£-24
Utilities (electric, heating, water)£180£171£-9
Total Monthly£2,940£2,749£-191

* Estimates based on London = 100 index. Actual costs vary by lifestyle and location within city.

Who Should Choose Which City?

Recommendations based on your priorities

Choose London if you...
  • Prioritize safety (score: 82/100)
  • Want higher earning potential (£3,800/mo avg)
  • Have children (lower childcare costs)
Choose Melbourne if you...
  • Want lower overall living costs (8% cheaper)
  • Are looking for more affordable housing

Quality of Life & Safety

Beyond just costs - what matters for daily life

London
78

Quality of Life Score

London
82

Safety Score

Salary Equivalence

How much you'd need in Melbourne to match a London salary

Salary in LondonEquivalent in MelbourneDifference
£30,000£27,600£2,400 less
£40,000£36,800£3,200 less
£50,000£46,000£4,000 less
£60,000£55,200£4,800 less
£80,000£73,600£6,400 less
£100,000£92,000£8,000 less

London vs Melbourne: Summary

The overall cost of living differs by 8%. Melbourne is the more affordable option.

Rent: London has a rent index of 100, while Melbourne has 95.

Average Salaries: London: £3,800/month vs Melbourne: £3,120/month (both in GBP).

Out of 6 categories, London wins 0, while Melbourne wins 6.

Compare more cities or calculate your UK take-home pay.