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Toronto vs Melbourne

Melbourne runs about 9% cheaper than Toronto for this household, a difference of 316 USD a month.

A south view of the Hockey Hall of Fame building, Toronto
Toronto
$3,435/month · Canada
DXR · CC BY-SA 4.0
melbourne from shrine of rememberance
Melbourne
$3,119/month · Australia
Melbpal · CC BY-SA 4.0
Toronto monthly
$3,435
Index 54 (NYC = 100)
Melbourne monthly
$3,119
Index 49 (NYC = 100)
Difference
-9%
Melbourne relative to Toronto
Rent gap
$250
Toronto costs more for a central 1-bed
By category

Where the gap actually is

TorontoMelbourne
  • Housing
    Housing: Toronto $1,950, Melbourne $1,700. Cheaper in Melbourne.
  • Food
    Food: Toronto $764, Melbourne $804. Cheaper in Toronto.
  • Transport
    Transport: Toronto $207, Melbourne $180. Cheaper in Melbourne.
  • Utilities
    Utilities: Toronto $227, Melbourne $153. Cheaper in Melbourne.
  • Healthcare
    Healthcare: Toronto $9.10, Melbourne $26. Cheaper in Toronto.
  • Lifestyle
    Lifestyle: Toronto $168, Melbourne $152. Cheaper in Melbourne.
  • Other
    Other: Toronto $110, Melbourne $105. Cheaper in Melbourne.
Each row is one category priced in both cities for the same household. The bar is the gap; exact figures are in the table below.
Interactive — adjust the household

Full comparison

MetricTorontoMelbourne
Cost
Total monthly cost3,435 USD3,119 USD✓
Cost index (New York = 100)5449✓
Housing1,950 USD1,700 USD✓
Utilities227 USD153 USD✓
Food764 USD✓804 USD
Transport207 USD180 USD✓
Healthcare9 USD✓26 USD
Lifestyle168 USD152 USD✓
Income & tax
Take-home on 100,000 USD/yr5,977 USD6,176 USD✓
Effective tax + social rate28.3%25.9%✓
Left over each month2,542 USD3,057 USD✓
Average local net salary3,400 USD3,700 USD✓
Housing
1-bed rent, city centre1,950 USD1,700 USD✓
3-bed rent, city centre3,400 USD3,200 USD✓
Buy price per m², centre9,000 USD8,500 USD✓
Quality of life
Safety76/100✓74/100
Healthcare84/10088/100✓
Air quality72/10086/100✓
Public transport76/10084/100✓
Walkability78/10082/100✓
English proficiency98/100100/100✓
Nightlife82/10092/100✓
Family friendliness82/10084/100✓
Median broadband190 Mbps✓90 Mbps
Climate
Average temperature9°C✓15°C
Summer high27°C26°C✓
Winter low-8°C6°C✓
Sunshine hours per year2,050 h2,200 h✓
Annual rainfall830 mm650 mm✓
Practicalities
Remote-work visaNoNo
Beach access25 min25 min
CurrencyCADAUD
Time zoneAmerica/TorontoAustralia/Melbourne

Melbourne runs about 9% cheaper than Toronto for this household, a difference of 316 USD a month.

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Cost of living in TorontoCost of living in MelbourneConvert a salary between themFlip the comparison
Toronto vs VancouverToronto vs SeattleToronto vs Chicago
FAQ

Frequently asked

Is Toronto or Melbourne cheaper?

Melbourne runs about 9% cheaper than Toronto for this household, a difference of 316 USD a month.

What salary do you need in Melbourne compared with Toronto?

On a $100,000 gross salary you would take home $5,977 a month in Toronto and $6,176 in Melbourne, before local costs. Use the salary converter for an exact equivalent.

Which has better quality of life, Toronto or Melbourne?

Toronto scores 76/100 on safety and 84/100 on healthcare; Melbourne scores 74 and 88. Toronto averages 9°C against 15°C in Melbourne.