CostTrek

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Chicago vs Melbourne

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Chicago, IL vs Melbourne, AU at a glance — Melbourne, AU is 15% more expensive than Chicago, IL overall. Median 1-bed rent runs about $1,800/mo versus $1,900/mo. Top income tax: 45% vs 37%.

$/ year

To keep the same standard of living in Melbourne, AU, you'd need

$86,185 / year

Melbourne, AU is 15% more expensive overall

Category breakdown (Melbourne, AU vs Chicago, IL)

  • Housing+19%
  • Food & groceries+18%
  • Transport-1%
  • Utilities+20%
  • Healthcare-3%
  • Goods & services+18%

◎ How Chicago, IL and Melbourne, AU compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Chicago, ILMelbourne, AU

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Chicago, ILMelbourne, AU
Cost of living
Overall cost index103118
Housing116138
Food95112
Transport101100
Utilities90108
Healthcare9895
Goods & services98116
Housing
Rent, 1-bed centre$1,900/mo$1,800/mo
Rent, 1-bed outside$1,450/mo$1,350/mo
Rent, 3-bed centre$3,600/mo$3,400/mo
Buy price / m² centre$5,500$9,000
Money & purchasing power
$1,000 goes as far as$973$847
Inexpensive meal$18$17
Monthly transit pass$105$110
Taxes
Income tax (top rate)37%45%
VAT / sales tax0%10%
Social security (employee)7.7%—
Corporate tax21%30%
Capital gains20%—
Economy & salaries
Avg net salary$4,300/mo$3,900/mo
Minimum wage$1,257/mo✓$2,600/mo
GDP per capita$90,027✓$65,130✓
Inflation (annual)—2.9%✓
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces9070
Time zoneUTC-6UTC+10
Quality of life
Quality of life (overall)6673
Safety index4868
Healthcare index8085
Pollution index4530
Internet speed200 Mbps90 Mbps
Walkability7878
Public transport7880
Family-friendly6074
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo—
Life expectancy79 yr✓83 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg-4 °C+20 °C
July avg+24 °C+10 °C
Sunny days / year189180
Rainfall / year950 mm600 mm
Connectivity
Flight to nearest hub1 h1.5 h

Taxes & Economy & salaries: United States vs Australia. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (US DOL (federal), World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Chicago vs Melbourne — in your currency

ChicagoMelbourne
1-bed rent, city centre$1,900$1,800
1-bed rent, outside centre$1,450$1,350
Inexpensive meal$18$17
Monthly transit pass$105$110
Utilities (monthly)$170$150

Converted from USD at approximate rates (2026-09).

Good to know before you move to Chicago

Big-city amenities and architecture at Midwest prices — the winters, though, are famously brutal.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
48/100
Climate
❄ -4°C · ☀ 24°C · 189 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Loop · Wicker Park · Lincoln Park

Good to know before you move to Melbourne

Coffee, laneways and a famously liveable city — cheaper than Sydney, with famously changeable weather.

Currency
Australian dollar ($ AUD)
Languages
English
Time zone
UTC+10
Internet
90 Mbps
English
Native language
Safety
68/100
Climate
❄ 20°C · ☀ 10°C · 180 sunny days/yr
Tap water
Safe to drink
Power
I · 230V
Driving
Left-hand side
Popular areas
Fitzroy · St Kilda · Carlton

? Frequently asked questions

Moving from Chicago to Melbourne: cheaper or more expensive?

Moving from Chicago to Melbourne, your cost of living will be roughly 15% more expensive. Melbourne’s cost-of-living index is 118 versus 103 for Chicago (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Chicago cheaper than Melbourne?

Melbourne is about 15% more expensive than Chicago overall — its cost-of-living index is 118 versus 103 for Chicago.

Which is more expensive, Chicago or Melbourne?

Melbourne is more expensive than Chicago. Its cost-of-living index is 118 vs 103 (US = 100) — about 15% higher.

Is rent cheaper in Chicago or Melbourne?

Rent is cheaper in Melbourne — about $1,800/month for a one-bedroom in the city centre, vs $1,900 in Chicago.

How much do you need to earn in Melbourne to live like in Chicago?

To keep the same standard of living, a $75,000 salary in Chicago is worth about $86,185 in Melbourne. Enter your own figure in the calculator above.

Which has lower taxes, Chicago or Melbourne?

United States has the lower top income-tax rate — 37% versus 45% in Australia.

◷ More comparisons from Chicago

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.