Melbourne Cost of Living

What it costs to live in Melbourne: consumer prices, wages, jobs, earnings and property, from the Australian Bureau of Statistics.

Prices in Melbourne rose 4.0% in the year to Sep 2026, against 4.3% nationally: the 8th fastest rise of 8 capital cities. The all-groups index stood at 104.0.

Valid: Sep 2026 · Source: ABS Consumer Price Index (6401.0) · Index base: September 2025 = 100

Consumer prices, annual change Valid: year to Sep 2026 · ABS monthly CPI
+5.3Hobart+5.2Darwin+5.0Adelaide+4.7Canberra+4.5Perth+4.4Brisbane+4.3Sydney+4.0Melbourne

Melbourne CPI over time

All-groups CPI index for Melbourne against the national index. A higher index means prices have risen more since September 2025. Hover for detail.

Melbourne and national CPI, all groups Valid: Jan 2025 to Sep 2026 · Source: ABS 6401.0
Melbourne
National (dashed)

Price change by category in Melbourne

Annual change for each CPI category, year to Sep 2026.

Annual change by CPI category, Melbourne Valid: year to Sep 2026 · Source: ABS 6401.0
  1. Automotive fuel +22.8%
  2. Electricity +16.7%
  3. Private motoring +9.6%
  4. Transport +8.0%
  5. Insurance +7.9%
  6. Utilities +7.1%
  7. Water and sewerage +7.0%
  8. Beef and veal +5.5%
  9. Milk +5.2%
  10. Medical and hospital services +5.0%
  11. Alcohol and tobacco +4.2%
  12. Housing +3.8%
  13. Take away and fast foods +3.5%
  14. Meals out and take away foods +3.4%
  15. Restaurant meals +3.3%
  16. Food and non-alcoholic beverages +2.9%
  17. Rents +2.5%
  18. Communication +2.3%
  19. Bread +2.3%
  20. Cheese +2.0%
  21. Motor vehicles +1.9%
  22. Poultry +0.3%
  23. Coffee, tea and cocoa −0.9%
  24. Pharmaceutical products −1.6%
  25. Gas and other household fuels −1.9%
  26. Eggs −3.4%

Inflation in each capital city

Annual change in the all-groups CPI for each capital city, fastest rise first.

Valid: year to Sep 2026 · Source: ABS monthly CPI
RankCityAnnual changeChange, to scale
#1Hobart +5.3%
#2Darwin +5.2%
#3Adelaide +5.0%
#4Canberra +4.7%
#5Perth +4.5%
#6Brisbane +4.4%
#7Sydney +4.3%
#8Melbourne (this city) +4.0%

Wages in VIC

The Wage Price Index measures the change in hourly rates of pay. VIC against the national index, and wage growth less Melbourne inflation.

Latest WPI Index
161.5
Q2 2026
VIC WPI YoY
+3.1%
Year to Q2 2026
National WPI YoY
+3.2%
Year to Q2 2026
Real wage growth (WPI less CPI)
−0.9%
WPI Q2 2026 · CPI Sep 2026
Wage Price Index, VIC and national Valid: Q1 2020 to Q2 2026 · Source: ABS 6345.0
VIC WPI
National (dashed)

Employment in VIC

Unemployment rate and labour force participation for Victoria.

Unemployment Rate
5.1%
Sep 2026
National Unemployment
4.7%
Sep 2026
Participation Rate
67.4%
Sep 2026
National Participation
66.8%
Sep 2026
Unemployment rate, VIC and national Valid: Jan 2024 to Sep 2026 · Source: ABS 6202.0
VIC Unemployment
National (dashed)

What VIC earns

Full-time adult average weekly earnings for Victoria. ABS Cat. 6302.0.

Weekly (VIC)
$2,102
H1 2026
Annual (VIC)
$109,314
H1 2026
National Weekly
$2,157
H1 2026
Gender Pay Gap
13.8%
H1 2026
Males
$2,224/wk
Females
$1,918/wk

Housing in VIC

Mean dwelling price and affordability for Victoria. ABS Cat. 6432.0.

Mean Dwelling Price
$918,400
0.0% over the year
Q2 2026
National Average
$1,100,400
Q2 2026
Price / Annual Earnings
8.4x
Q2 2026
National Ratio
9.8x
Q2 2026
Mean dwelling price, VIC and national Valid: Q1 2020 to Q2 2026 · Source: ABS 6432.0
VIC Mean Price
National (dashed)

Mean dwelling price by state

  1. New South Wales $1,304,900
  2. Queensland $1,130,600
  3. Western Australia $1,123,700
  4. Australian Capital Territory $981,700
  5. South Australia $979,600
  6. Victoria $918,400
  7. Tasmania $733,200
  8. Northern Territory $614,400

Other capital cities

Prices, wages, jobs and property for each of the other capitals.

Data sources

ABS Consumer Price Index (6401.0)
Monthly CPI by capital city and category. Base period: Sep 2025 = 100.
ABS CPI
ABS Wage Price Index (6345.0)
Quarterly WPI by state. Total hourly rates of pay excluding bonuses.
ABS WPI
ABS Labour Force (6202.0)
Monthly unemployment rate and participation by state.
ABS Labour
ABS Average Weekly Earnings (6302.0)
Half-yearly earnings by state, industry and sex.
ABS AWE
ABS Residential Dwelling Values (6432.0)
Quarterly mean dwelling prices by state.
ABS Dwellings