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Sydney vs Melbourne

Compare cost of living, salaries, and purchasing power between Sydney (New South Wales) and Melbourne (Victoria).

Cost of Living
5% cheaper
Melbourne vs Sydney
$100k Purchasing Power
$105,263
equivalent in Melbourne
Population
5.3 million vs 5.1 million
residents

Salary Equivalents: SydneyMelbourne

To maintain the same standard of living, here's what you'd need to earn in Melbourne compared to Sydney:

Salary in SydneyEquivalent in Melbourne
$60,000$57,000
$80,000$76,000
$100,000$95,000
$120,000$114,000
$150,000$142,500
$200,000$190,000

Based on cost of living index: Sydney (100) vs Melbourne (95), where Sydney = 100.

Sydney

State
New South Wales
Population
5.3 million
Cost of Living Index
100
View all salaries in Sydney

Melbourne

State
Victoria
Population
5.1 million
Cost of Living Index
95
View all salaries in Melbourne

Moving from Sydney to Melbourne?

If you're considering relocating from Sydney to Melbourne, understanding the cost of living difference is crucial for salary negotiations. Melbourne has a 5% lower cost of living than Sydney, meaning your money will go further.

A $100,000 salary in Sydney has the same purchasing power as $105,263 in Melbourne. When negotiating a job offer or relocation package, use this as your baseline for salary expectations.

Key Differences

  • Housing: Typically the largest factor in cost of living differences between cities.
  • Transport: Consider commute times and public transport availability.
  • Job Market: Sydney has a population of 5.3 million while Melbourne has 5.1 million.

Cost of living comparisons are based on aggregate data and may not reflect individual circumstances. Always research specific costs like rent, utilities, and transport for your situation.