Salary Equivalence

Melbourne

Melbourne, Australia — cost-of-living and salary purchasing-power profile with a price-level index of 74.0 (New York City = 100).

Key figures

Price level index74.0
Rent index58.0
Population5,078,000

About Melbourne

Melbourne has a composite price-level index of 74.0 (New York City = 100) and a rent index of 58.0, making it a moderately priced city. It is home to roughly 5.1 million people and uses the AUD. The calculators below convert any salary to and from Melbourne so you can judge a move in real purchasing-power terms rather than raw currency.

The comparisons below show how Melbourne stacks up against the alternatives people most often weigh against it, with the specific numbers laid out side by side.

Frequently asked questions

How expensive is Melbourne?

Melbourne has a composite price-level index of 74.0 (NYC = 100) and a rent index of 58.0.

What currency is used in Melbourne?

Melbourne uses the AUD.

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Dr. Elena Vasquez
Lead Economist, Cost-of-Living Research

Elena holds a PhD in Economics and has spent 12 years modelling purchasing-power parity and regional price indices.

PhD Economics, LSEFormer OECD statistics fellow
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-06-01

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