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Cost of Living

To help you understand how much it might cost you (and your family) to live in Melbourne, check these price summaries from the Mercer Cost of Living Survey.

The Mercer Cost of Living Survey compares the living costs in the world’s biggest cities for more than 200 items including food, clothing, household goods, health and personal care, transport and entertainment.

All prices displayed are the median price reported for Melbourne and New York recorded in March 2016. On 1 August 2016, one Australian dollar (A$1.00) was worth $0.75 US dollars (USD$0.752627). To find out the current exchange rate, visit

The cost of living in Melbourne is generally higher than the cost of living in Victoria's regional areas.