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New York 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.

$/ year

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

$57,503 / year

Melbourne, AU is 23% cheaper overall

Category breakdown (Melbourne, AU vs New York, NY)

  • Housing-41%
  • Food & groceries-5%
  • Transport-18%
  • Utilities0%
  • Healthcare-10%
  • Goods & services-9%

â–¤ Full comparison

New York, NYMelbourne, AU
Cost of living
Overall cost index154118
Housing232138
Food118112
Transport122100
Utilities108108
Healthcare10595
Goods & services128116
Housing
Rent, 1-bed centre$3,800/mo$1,800/mo
Rent, 1-bed outside$2,600/mo$1,350/mo
Rent, 3-bed centre$7,500/mo$3,400/mo
Buy price / m² centre$15,000$9,000
Money & purchasing power
$1,000 goes as far as$649$847
Inexpensive meal$25$17
Monthly transit pass$132$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$82,000$65,000
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces20070
Time zoneUTC-5UTC+10
Quality of life
Safety index5568
Healthcare index7885
Pollution index5530
Internet speed200 Mbps90 Mbps
Walkability9078
Public transport8580
Family-friendly5574
Tap waterSafe to drinkSafe to drink
Health insurance$500/mo—
Life expectancy79 yr83 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg0 °C+20 °C
July avg+25 °C+10 °C
Sunny days / year234180
Rainfall / year1,200 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.

? Frequently asked questions

Is New York cheaper than Melbourne?

Melbourne is about 23% cheaper than New York overall — its cost-of-living index is 118 versus 154 for New York.

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

To keep the same standard of living, a $75,000 salary in New York is worth about $57,503 in Melbourne. Enter your own figure in the calculator above.

Which has lower taxes, New York or Melbourne?

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

â—· More comparisons from New York

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