Is Melbourne more expensive than Sydney?

Melbourne is 8.8% cheaper than Sydney overall. Rent is 27.3% lower, groceries 0.7% cheaper, and restaurants 2.6% cheaper.

Which city has better purchasing power, Sydney or Melbourne?

Sydney has a purchasing power index of 111.3 while Melbourne has 135.5 (NYC = 100). Melbourne offers better purchasing power.

Sydney vs Melbourne: Melbourne is 8.8% cheaper, rent 27% lower (2026)

Category	🇦🇺 Sydney	🇦🇺 Melbourne	Difference
Cost of Living	67.1	61.2	-8.8%
Rent	56.4	41.0	-27.3%
Groceries	90.7	90.1	-0.7%
Restaurants	76.2	74.2	-2.6%
Purchasing Power	111.3	135.5	+21.7%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇦🇺 Cost of Living in Sydney

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🇦🇺 Cost of Living in Melbourne

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🇦🇺 Should I Move to Sydney?

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