To make the most of your time in Melbourne, it’s important to know upfront the average cost of living here.
How much it costs to live in Melbourne will depend on your individual circumstances. Below we break down common expenses so you can budget for an enjoyable stay.
Accommodation Costs
Your accommodation costs will depend on where you live and who you live with.
There are a number of trusted and affordable student accommodation options provided by the University of Melbourne. To find out more, see the University Accommodation page.
Alternatively, you may choose to live in private rental accommodation. The following provides a guide to the average weekly rental prices per property type:
Location | Property Type | Median Rent |
|---|---|---|
Metropolitan Melbourne | 1 Bed Flat | $450 |
Metropolitan Melbourne | 2 Bed Flat | $590 |
Metropolitan Melbourne | 3 Bed Flat | $620 |
Metropolitan Melbourne | 2 Bed House | $750 |
Metropolitan Melbourne | 3 Bed House | $850 |
Metropolitan Melbourne | 4 Bed House | $1000 |
Source: Australian Government.
Other living costs
On top of accommodation costs, there are other expenses to plan for like food and public transport. These costs will depend on your circumstances and lifestyle choices.
To get an idea of how much your living expenses in Melbourne will be use the cost-of-living calculator on Study Australia or this one on Insider Guides.
You can tailor a search to your situation including costs for:
- Food
- Gas/Electricity
- Phone/Internet
- Public transport
- Car
- Entertainment/Eating out
Need more help?
These resources also offer helpful information on the cost of living in Melbourne.